Income in Lockdowns But how?

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 During this time of Lockdowns and a surge in Coronavirus cases in India when all the businesses except the essential services are ruined and people are cutting money from their savings to continue their lives. There are lesser chances of earning money in this situation.

But every man has a chance to earn a handsome money in this difficult times by investing in Stock Markets. We know that history repeats itself so as the condition is same like the previous year lockdown situation and even more grimmer. In 2020, Sensex plunged from around 42000 to 25000 points in March when Coronavirus advent in India. But then the Stock Markets bounced back consistently with a progressive increase to 52000 points in just 8 months creating an all time high and making many people millionaires and even billionaires.

So there is a chance to earn money now as states introducing lockdown and surging Coronavirus cases creates a negative sentiment in the market and as Economy is hurt due to lockdowns, markets will surely crash. But then after situation improves the markets will recover. So there is a big opportunity to enter in lows and sell in highs to book great profits.

Although Gold proves itself in difficult situation every time by showing a good growth. But Stock Markets have a greater prospects of growth in next six months.

Tip: Wait for the market to plunge to 40000 points or even less if situation degrades  and then enter the market. Although it will not crash like previous year due to vaccine drive but still the market will fall. If being a new investor and doesn't know how to invest then mutual funds are the best alternative as they showed a good return of 12-15% previous year. If you don't want to take any risk and want surety of return then go with Gold Investments which is an Evergreen Investment.

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