- Nov 16, 2011
- 19,836
- 11,227
I know that the new variant is just a bad thing like first one. But if spreads, we cannot do any thing much about it. Here are some ways you can make money if the same situation like lockdown etc gets announced like in past.
1) Invest in share market
1) If the new variant news becomes common, people will get scared and market will come down. Lot of shares will correct like in past time of corona. You can get good company shares with discount of even upto 100℅ of current prices. When the situation will improve, market will recover and you can cash out the profits. It is a sure shot way to make.money and you can make good amount of money depending on how much you have to invest when market comes down. If you do not want to take risk with shares, even mutual funds can be good option as their NAV will also come down.
2) Go online
2) Start an online version for an offline business or offer this to an already existing business. This can be for as basic thing as a grocery store. We all know most of the businesses had to shift online in corona times and they did well.
3) Medical store
3) If you are thinking to start an offline store, start a medical store. If you have limited budget, just sell masks at a crowded area.
No way I wish this variant to be as bad as earlier ones and affect people bad. But it is out of our control. How to react to it is under our control.
1) Invest in share market
1) If the new variant news becomes common, people will get scared and market will come down. Lot of shares will correct like in past time of corona. You can get good company shares with discount of even upto 100℅ of current prices. When the situation will improve, market will recover and you can cash out the profits. It is a sure shot way to make.money and you can make good amount of money depending on how much you have to invest when market comes down. If you do not want to take risk with shares, even mutual funds can be good option as their NAV will also come down.
2) Go online
2) Start an online version for an offline business or offer this to an already existing business. This can be for as basic thing as a grocery store. We all know most of the businesses had to shift online in corona times and they did well.
3) Medical store
3) If you are thinking to start an offline store, start a medical store. If you have limited budget, just sell masks at a crowded area.
No way I wish this variant to be as bad as earlier ones and affect people bad. But it is out of our control. How to react to it is under our control.
