Manan Vyas, a financial expert, narrates his story on how he took advantage of the COVID-19 pandemic and how he turned this crisis into an opportunity. It also explores how he strategically invested in stocks and other investment options to stay afloat. He offers tips on what the future holds and how one can make money going ahead.
The outbreak of the novel coronavirus impacted the economy at multiple levels. While businesses scrambled to cope with the new normal on one end of the spectrum, individuals faced sweeping job losses and pay cuts at the other. A report by the International Labour Organisation (ILO) puts job loss estimates in the country at around 4 million, with younger people being hit the hardest.
Even among those who kept their jobs, pay cuts meant tighter budgets and forgoing some expenses on the home front – even essential ones. If you happen to (reluctantly) count yourself among the millions of people who bore the brunt of job losses or lower payouts during this crisis, you may be looking for alternative sources to replace or supplement your income.
New income streams: Tips on how you can...