The effects of colonialism and inner corruption almost drove this nation into the depths of poverty, but sweeping social and economic reform, innovation, work ethic, and sheer numbers have pushed India to emerge on the global stage as a super power.
The Indian subcontinent is self sustaining and produces enough water and natural resources to supply its robust population. Located along Eurasian and Afro-Asian sea-trade places India in a pivotal and profitable position. India's location leaves it poise to significantly advantage from the global shift to renewable energy. Located between the Tropics of Cancer and Capricorn place it in what's known as the Sunny Tropical Belt, and as the technology and infrastructure assimilate to solar energy, India will greatly benefit.
India has 17.9% of the world's population, and whats more is that due to it's high birth rate, roughly 65% of India's population is under 35 years of age. That means its 400 million plus strong workforce is greater than populations of America and Brazil combined. Across the world there are 35 million people, and in total India makes up for the largest English speaking/understanding population, even greater than America.
As of 2015 India boasts the world's fastest growing economy. India's is one of the world's leading producers of food - second only to China. Food production alone accounts for USD $69.4 billion of the Indian economy. It's currently ranked as the global #3 in terms of real GDP and with a growing manufacturing sector, some experts expect India to be #1 as soon as 2050.
India boasts a world class IT sector that many feel makes India a definite global technological super power, and a tourism sector that is starting to outperform the best of them worldwide. It's combination of culture, history, and innovation make it an attractive destination. It also has an inexpensive, yet world class medical system which attracts thousands of patients a year from all over the world. With a total armed forced of 2.5 million, India has the 3rd largest defense force, making it a formidable and influential power on the world stage.
While there is still a long way to go, if India's productivity rate continues to catch up with it's population and it's innovation, it is almost an inevitability that India will emerge as a world leader and a super power.
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.