by Lina Martinez
With 2017 in full swing, many of us are already setting our new year’s resolutions into motion. It might be getting fit, it could be learning a new skill or it might even be finding a significant other—whatever your resolution is, you have roughly 12 months to achieve it!
Although many resolutions are humble and light-hearted, some people have promised themselves a rather insurmountable task: getting rich. While it’s definitely a hard resolution to stick with, it can absolutely be attained with enough planning, dedication and of course, hard work. To get you started on your path to greatness, here are some ventures you can invest in to start raking in the cash.
Learn How to Trade
You can learn to trade forex in a relatively short amount of time. With enough studying, you can master the basics of trading in just a week and from then on, you can start trading and making money. Profits start small but gradually build up over time as your account balance increases. Don’t be disheartened by losses and make sure you only invest money that you can afford. Don’t be sucked into get rich quick schemes in trading either because they are all fake. Day trading can make you thousands in profits in a couple of minutes, but those situations are few and far between and rely on luck more than anything.
Start Your Own Business
2017 presents a ripe opportunity to jump onto new trends. The transition period between two years is slow, and as most people are settling back into their daily lives there’s a unique period of time that can be exploited. People are looking for something new and fresh to get excited for in the new year. Whether it’s a new video game or a product that promised to be released in the new year, there are many opportunities that stem from a fresh start.
Don’t be afraid of trying out new ideas and pitching unique visions to business partners. The new year is a special time because it refreshes everyone’s mind and they become open to new business ideas that weren’t viable in the previous year. Something that failed spectacularly during the beginning of the previous year will have been forgotten at the start of the new year, so the opportunity to refresh a failed product or idea is ripe for the taking.
Get a Foot on the Property Ladder
Make no mistake, the power of a new year’s resolutions is strong. Many people will undoubtedly set their sights on starting a family or buying a home this year, and the new year represents a prime period where people have already started looking for a new home to live in. Although it might be difficult to take advantage of this high-sales period, it’s a good idea to monitor the market and learn all the trends. With a new year comes new demands, so something like an open-plan kitchen might become the standard and you don’t want to be investing in old houses that don’t support the latest trends and design fads.
Lina Martinez has her B.S. in Journalism and a regular contributor to our Politics, Life and Money sections. She once admitted over drinks to singing "Careless Whisper" in the shower. We are still trying to get her to sing it at karaoke.