Over the past year we’ve all had to learn that all the things we used to do outside the house can be done just as effectively from home - and in a way, we’ve also all learned to take control of our timetables and home environments. The extended periods of time at home have given many the time to start or plan a side hustle for a little extra income, whether it be an etsy business or a part time remote working gig.
One of these skills people have looked into over the past year is working out their finances, and specifically investing. While many have turned to stocks and trading, something like that which requires such a time investment and attention drain isn’t ideal for the busy stay at home parent. But why should you miss out on all the investing fun?
Well luckily you don’t have to - there are
plenty of ways you can get involved in investing from home without having to
keep one eye on the computer screen.
If you do want to get into stock trading, you can - you just won’t need to be in charge of it yourself. There are plenty of apps and services out there that you can use to invest which will take care of the maths for you, like a low rent hedge fund manager for us mere mortals.
This can be a great option, but it’s important to research your chosen app or investment firm before handing over any money - some still carry a risk of loss which you need to be aware of, and be able to choose the right one for you.Cryptocurrency
Cryptocurrency sounds a lot more intimidating than it is - while it was once the reserve of only the most tech informed, the cryptocurrency market has exploded over the past decade and is now accessible to pretty much anybody with an internet connection and the willingness to learn.
And it isn’t just Bitcoin anymore - there are plenty of other currencies out there at the moment that you can invest in to add to your digital asset library. New fields like MPC crypto even allow you to create group investment portfolios, which can be a great move for a small business. Cryptocurrency is by its nature volatile, but generally speaking its value is on the up and it’s a great way to invest your money.
Investing isn’t out of your reach just because you’re a stay at home parent. Whether you choose to work with an investment app or firm, or try your hand at building a digital asset library, you can get in on the action as much as anyone else.