The Best Industries to Get Into If You Want to Make Serious Cash

The Best Industries to Get Into If You Want to Make Serious Cash
June 11, 2020

You like to make money. As an entrepreneur, you do your best to keep your finger on the pulse of the culture and on the markets that will let you spend your time and money on the most profitable industries. The culture at large seems to be taking a greater interest in their health, be it physical, mental, or financial. This growing public interest means that you have great money-making opportunities in industries such as essential oils, CBD, and online stock trading. Let’s take a closer look.

Essential Oils

Unless you’ve been living under a rock, then you’ve probably noticed rising popularity in natural products such as essential oils. Their popularity makes a lot of sense when you take into account all of the benefits they are said to provide. Some essential oils are high in vitamin C and antioxidants, can reduce blood pressure, and can even help reverse the damage done by skin conditions, including signs of photo-aging on certain skin types. One of the most health-forward (and profitable) essential oils on the market today? Rose Oil.

Rose oil is made from a powerful complex of youth-preserving oils that are drawn from the pure rosehip seed oil of the lovely damask rose from Rogue Valley, Oregon, as well as petals of various types of rose. The miraculous powers of this product come from the highest quality essential fatty acids and lightweight oil that can be found within the petals. Substances like Simmondsia Chinensis, linoleic acid, and chios get busy working their magic while calming and relaxing you. With lovely scents accented by sweet almond and pomegranate, rose oil is something your future clients will rave about.

Hemp Plant

As CBD expert and hemp product retailer Plain Jane can attest, the benefits of CBD and the CBD-rich hemp flower are widely known. In fact, many people would rather use hemp and other CBD products derived from hemp seed oils than use prescription medications. On top of the medical benefits of top-shelf hemp flower, there are also many practical uses to the more resilient brand of hemp called industrial hemp. This makes the growing and selling of hemp flower an attractive industry because it offers income from multiple sources.

Before you begin, you will have to read up on your specific state’s laws pertaining to the purchase and selling of cannabinoids and flavonoids. You should also be aware that even the best hemp flower has not been approved by the Food and Drug Administration (FDA), as there has not been enough clinical study and research into the plant. Remember that CBD flower affects everyone differently, so you should advise your clients to seek a doctor’s advice before consumption of the plant.

Day Trading

With the advent of financial apps, it has never been easier to get into buying and selling stocks. The initial cost of day trading used to be much higher, but today you can start trading with as little as $50 in your account. Although there is somewhat of a steep learning curve if you really want to get good at it, you stand to make a lot of money in the long run if you choose to stick with it. Many people are able to support themselves from day trading alone. This means you can work from home or while traveling the world, and as you get better at watching the market, you continue to increase earnings, which in turn increases your ability to buy even larger shares of stocks. Whether you are interested in the stock market as a side-hustle or a full-on career, the best time to start is right now.

Written By
Finance Editor

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Inez Moran