Meet the Reporter: A Profitable New Hobby | The Odyssey Online
Start writing a post
Adulting

Meet the Reporter: A Profitable New Hobby

A weakened economy makes investing so much more appealing, but it's still risky

13
Meet the Reporter: A Profitable New Hobby

The extended quarantine has done everything from making me melt with boredom to planning out my paper product plan B. However, not everything has to be disappointing during this time, and there's so much you can do.

We've seen athletes use this time to train excessively and for other Americans to learn a new skill or take up a new hobby. Now money isn't what life is about in the slightest, but it can help make life more enjoyable.

That's why I'm sharing with you my brand-new hobby since there's a chance for you to make some serious cha-ching! It's investing in the stock market.

First, as a disclaimer, I'm not a financial advisor or have had any training giving investment advice so take what I say at face value.

With the current state of the economy being so poor, there hasn't been a better time to invest your money into companies in over a decade thanks to the hefty discounts from poor sales numbers.

I learned during quarantine from various financial YouTubers that your money should work for you as you age. I spent so long leaving my money in a savings account that provided little to no interest at all.

Now, you shouldn't be investing money in a volatile market unless all your check marks are covered, that being a secure "rainy day fund" and a steady stream of income to pay your bills.

It's an awesome hobby because it allows me to spend hours looking at company balance sheets, reading business insider articles, and deciding what companies deserve my investment the most. You can also monitor the market almost every day, which is perfect ever since live sports stopped.

I love being able to place some of my wealth into companies I enjoy and use every day, as well as take some risks on what industries I feel will become so much larger in a few years.

This hobby has helped get me through quarantine and will most likely make my future so much brighter.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
an image of taylor swift standing center stage surrounded by her backup dancers in elegant peacock esque outfits with a backdrop of clouds and a box rising above the stage the image captures the vibrant aesthetics and energy of her performance during the lover era of her eras tour
StableDiffusion

A three-and-a-half-hour runtime. Nine Eras. Eleven outfit changes. Three surprise songs. Zero breaks. One unforgettable evening. In the past century, no other performer has put on an electric performance quite like Taylor Swift, surpassing her fans ‘wildest dreams’. It is the reason supporters keep coming back to her shows each year. Days later, I’m still in awe of the spectacle ‘Miss Americana’ puts on every few days in a new city. And, like one of Taylor’s exes, has me smiling as I reminisce about the memories of the night we spent together.

Keep Reading...Show less
Entertainment

Every Girl Needs To Listen To 'She Used To Be Mine' By Sara Bareilles

These powerful lyrics remind us how much good is inside each of us and that sometimes we are too blinded by our imperfections to see the other side of the coin, to see all of that good.

85331
Every Girl Needs To Listen To 'She Used To Be Mine' By Sara Bareilles

The song was sent to me late in the middle of the night. I was still awake enough to plug in my headphones and listen to it immediately. I always did this when my best friend sent me songs, never wasting a moment. She had sent a message with this one too, telling me it reminded her so much of both of us and what we have each been through in the past couple of months.

Keep Reading...Show less
Zodiac wheel with signs and symbols surrounding a central sun against a starry sky.

What's your sign? It's one of the first questions some of us are asked when approached by someone in a bar, at a party or even when having lunch with some of our friends. Astrology, for centuries, has been one of the largest phenomenons out there. There's a reason why many magazines and newspapers have a horoscope page, and there's also a reason why almost every bookstore or library has a section dedicated completely to astrology. Many of us could just be curious about why some of us act differently than others and whom we will get along with best, and others may just want to see if their sign does, in fact, match their personality.

Keep Reading...Show less
Entertainment

20 Song Lyrics To Put A Spring Into Your Instagram Captions

"On an island in the sun, We'll be playing and having fun"

11120
Person in front of neon musical instruments; glowing red and white lights.
Photo by Spencer Imbrock on Unsplash

Whenever I post a picture to Instagram, it takes me so long to come up with a caption. I want to be funny, clever, cute and direct all at the same time. It can be frustrating! So I just look for some online. I really like to find a song lyric that goes with my picture, I just feel like it gives the picture a certain vibe.

Here's a list of song lyrics that can go with any picture you want to post!

Keep Reading...Show less
Chalk drawing of scales weighing "good" and "bad" on a blackboard.
WP content

Being a good person does not depend on your religion or status in life, your race or skin color, political views or culture. It depends on how good you treat others.

We are all born to do something great. Whether that be to grow up and become a doctor and save the lives of thousands of people, run a marathon, win the Noble Peace Prize, or be the greatest mother or father for your own future children one day. Regardless, we are all born with a purpose. But in between birth and death lies a path that life paves for us; a path that we must fill with something that gives our lives meaning.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments