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Your goals will help you decide your investment time limit and risk tolerance. For this, diversification is a key principle in investing. It involves spreading your investments across different asset classes, and geographic regions to reduce overall risk. You should also consider your risk...

If you intend to start a business, it involves inherent risks. And, taking loan for a business increases those risks. So, it is important to have a realistic understanding of the possible challenges and be ready to handle setbacks. While taking loan can provide the necessary capital to start a...

Changes in interest rates can affect the cost of holding crypto currencies. When interest rates increase, the cost of holding non-yielding assets like Bitcoin also increases. This may lead to a reduction in demand. On the contrary, low interest rates can make crypto currencies more attractive as...

Selling garments can be profitable if you target the proper demographic and provide unique products or outstanding customer service. The profitability of selling clothes is determined by factors such as purchasing the cloths, pricing strategy adopted, and marketing the same among customers...

In today’s digital world, the internet offers you several opportunities to generate income through a number of channels. You can do things such as freelancing, sell on e-commerce sites, online consulting for a fee, or create and sell digital products. At the same time, it is important to note...

Making money online has a wider reach. The internet allows you to access a global market and reach customers worldwide. This helps expand your potential customer base beyond your local area. Many online business models, such as selling digital products, affiliate marketing, or monetizing a blog...

When you intend to avail a loan for the business, the terms of the loan, including the interest rate payable for the loan, repayment period allowed, and any additional requirements demanded, should be thoroughly considered. It is because high-interest rates or short repayment periods can put...

While choosing a good hosting platform, importance should be given to resources as well. For this purpose, make sure sufficient storage (disk space) for your website files, database, and emails. Think about your expected traffic and choose a plan with adequate bandwidth to avoid choking...

Those with irregular or commission-based incomes may want to save more amounts, like six to twelve months' expenses, since their income can vary widely. If you are single or the sole breadwinner for your family, erring on the higher end of the three to six month range provides more protection...

Hi @Fecoms, Good morning. Today I happened to see the article section on advisordia.com under Personal Finance Blog . It was interesting. I am also interested in writing articles and have written on various sites. I therefore request you to please intimate the rules for that and also the...

If you think to exceed your budget intentionally, then I would not recommend it. It can lead to financial difficulties. In general, it is advisable to make a realistic budget that accounts for your income and expenses. You should also stick to that budget as much as possible. Exceeding your...

If you are a retired person, and want to get out of debt, then you need to consider moving to a smaller home or apartment in case you are staying in big house so as to reduce the costs incurred every month and use the income if any from your previous home to pay off the outstanding debts. In...

You have to prepare a good business plan when you intend to approach your family and friends to raise capital for your business. You should also develop a complete business plan, which should outline your business idea, market study, financial plans, and the plan to growth. A good business plan...

I received my second payment from advisordia just after one day. I am happy with that. So, they are not delaying, I think. @Fecoms is working fine.

Hi @Fecoms, When I tried to post questions on advisordia.com it shows like this; "Error: Sorry, The minimum characters for post content is 4285", and so, I am unable to post questions. Please rectify the same. Thank you.

If you intend to create and sell audiobooks and if you are using someone else's work, it is better to make sure that you have the rights and probably work with the publisher or author to generate a script. You also have to invest in good quality recording apparatus and space. This normally...

Hi @Fecoms, Good morning. With the recent improvements made to tendri regarding earning for member contributions, I would like to know whether I can also post on "General topics", and "Health Forums" too to earn on trendri. It is because I am very much interested in sharing what I learned on...

Fiverr is a popular freelancing site It is known for its gig model. It is a site where freelancers can offer specific services in freelancing at set prices. It is popular for creative services like writing, graphic design, and digital marketing. If you have talent you can try this platform to...

Hi @Fecoms, Good morning. On advisordia.com, the log out button is at the very bottom of the right side panel of 'user profile', 'edit profile' etc, with the result that the "log out" button is not reachable to log out for the day. I therefore request you to please pay immediate attention to it...

Hi @Fecoms, Good morning. It is a good turn of events on advisordia for its growth. I wish to suggest a small adjustment in the rate offered for answers. I request you to make it as 6 points per answer. It is because as I already said on some earlier occasion that asking a question is easy than...