The desire to increase savings is the main driver of the development of a market economy. Millions of people around the world use a variety of tools to improve their return on capital.
Investments
Investing in securities is a way to generate income, in which money "works" on its own. Unlike placing savings on a deposit account with a bank, the growth of shares is not limited from above by the interest rate, they can be sold at any time - by fixing your profit.
Business
Setting up your own business is one of the safest ways to invest. In addition, business can be viewed as a life school, a socially rewarding project.
Finding your "niche", clients is one of the most difficult tasks. Today, personnel search is made easier by using private classifieds services (Olx, Avito) and a large number of professional freelancers.
The most developing market at the moment is IT and the Internet. Creation of websites and information products has low costs, but if you become their owner, overhead costs will tend to zero, and profits will only increase or remain the same. To create websites and information products, you can hire freelancers or invest in your own knowledge to do everything yourself and reduce the risks.
The barbell principle
The 2008 global financial crisis showed the vulnerability of the stock market. Suddenly, everyone began to sell stocks, bonds and derivatives (credit instruments), there was a lack of liquidity - everyone was in a hurry to sell at the same time, with growing "enthusiasm", there were no buyers in the market. The prices of popular securities fell by 90% -95%, and many joint-stock companies went bankrupt.
The famous financier Nassim Taleb (one of the few who managed to make money on the global financial crisis) in his book “Antifragility. How to capitalize on the chaos”suggests using the barbell method instead of the idea of choosing“average”,“reliable”stocks. With him, 90% of the investment portfolio is invested in the most reliable low-profit instruments (for example, cash), and the remaining 10% - in the most risky instruments. The risk of being left with nothing is practically zero, and the chance of gaining maximum income is great.
Sports betting
One of the risky (and lucrative) ways to generate income is to predict sports performance. In many ways, such a high-risk tool is combined with the "barbell" strategy described above. You can use 10% of your savings to predict sporting events on the Betfair betting exchange. The gambling exchange is more like a stock market than a sweepstakes or casino. On it, you can “buy” the outcome of one event (for example, a victory of a football team) at one price, and after increasing the value of the purchased event (coefficient), you can sell it, betting on a draw and the defeat of the team. Using smart strategies can protect you from defeat. This way of generating income is suitable for lovers of mathematics, economics and sports.
