Akshat Shrivastava's Linkedin Analytics

If you can't take a 50% salary cut. And, survive financially--- you need to build a side income over your weekends. Here are 3 simple side incomes you can build: 1) Video editing (learn to use AI tools) 2) Newsletter management 3) Digital Assistant (learn all tricks and tips on how you can save someone's time and make them more organized) If you wish to go Ops heavy: learn how to manage AirBnBs for others. Each job will bring in 25K/month easily for you. You can learn everything online. Or by working as an apprentice with someone. You might be old. And, think these jobs are beneath you. But, trust me: I have been through bad financial phases in my life -- nothing is worse than going hungry to bed. So suck up your ego. And, create an income stream 2.

Here are 10 wealth predications for next 5 years:- 1) Tech 3.0 will be the biggest driver of stock market wealth. Tech 1.0 was internet, Tech 2.0 was Amazons of the world. Tech 3.0 will be commercial use of AI: US leads the race. 2) As a result: US Markets > Indian Markets on the next 5 year basis. 3) Increased adoption of BTC (many governments are looking for a net neutral asset to put 'some' wealth. BTC fits) 4) We will see revival of European economies (case study: UK). Last 1.5 decades have been an absolute nightmare. Many European nations realize this. And, will undertake structural changes (especially around immigration) 5) REITs will get popular across the world. Fractional buying might be the only possibility left for many. So this adds a PE ratio to the real estate. In India, this model will be scammy (read the latest story on STRATA) But, many other places this model will be useful for investors. 6) There are no more emerging markets. Now, there are dominant markets. China is a dominant manufacturer US dominated consumer tech South East Asia might dominate tourism 7) Taxes are generally going to go up. If you are a HNI but not tax optimized, you are simply destroying your wealth. Read about tax residencies. Work on one. 8) We move from bi-polar world to a multi-polar world, driven by China and the US. Countries that align (truly with one power center will benefit); others will get squeezed. There is no 'regional' cooperation. Trump has shown the world: that big players are going to bully others. Be ready. 9) There are 4 types of economies you would live in:- a. High cost of living, low opportunities - Eg. India b. High cost of living, high opportunities - Eg US c. Low cost of living, low opportunities - Eg. Cambodia d. Low cost of living, high opportunities - Eg Malaysia *** This is context driven -- just writing this from an idea point of view. 10) We will see massive volatility on markets, housing prices, Gold etc. All this is tied to debt. Therefore, diversified investors will win.