What is Wealth?

Hi Everyone, 

In this Information Age (according to Wikipedia), Wealth is not only the cold-hard cash but also other things which can be converted to cash when need arises. And with the advent of technology those "other things" are increasing in number gradually. For example, since 2009, Bitcoin has become one of those "other things" which is considered as Wealth. Because you can convert the Bitcoin to cash whenever you need. So, Wealth is not just cash anymore and it includes a lot of "other things" in today's world.

In this blog, we will see about generating all types of Wealth right from the comfort of home itself. This is one of the evergreen topics because many of us want to earn from the home for various reasons. However, this evergreen topic became one of the hottest topics during this Corona pandemic as majority of us are at home during this pandemic. And we would like to earn when we are at home too. 

 

We will see some examples here and then on, we will discuss a single topic in detail for every week.

1. Cold, Hard cash

Most of us think of cash when we hear the word "Wealth" because that is what we are used to. And most of the times its what the other person meant also. So, obviously Cash is one of the types of Wealth (probably most common type). Since we all know a lot about Cash, we know a lot of ways to earn Cash also. And we are going to see some of the ways that we can follow to earn Cash from Home itself.

2. Stock market

Stock market was a fancy word in the starting of 2000 and only a small number of individuals were investing at that time. Well, it was a tedious and costlier process those days. But nowadays, investing and trading in stock market is so easy that even a common with triple digit monthly salary can open an account and start investing and trading from the comfort of home. Also, there are lot of tutorials and guides to select the stocks that are under your risk appetite. 

3. Cryptocurrency

Since 2009, lot of cryptocurrencies are coming into foray and some of them are being an excellent investment option such as Bitcoin. One of the important characteristics of the cryptocurrencies is that they can be earned right from our homes. And some of the methods are totally free too. However, there is a downside too (i.e.) it is not being accepted as legal currency in some countries. 

There are lot more examples of different types of Wealth and we will see them in the future posts. Also there are lot of different ways to earn these wealth types and we will discuss them in detail in the upcoming posts.