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Best side hustle 2024
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“I have always recommended people become entrepreneurs, at least a side hustle and not need job security. Then invest in income producing real estate, in a crash, which provides steady cash flow,” he said. Opportunity: Local businesses may have attractive and profitable niches that you can buy into , and ones that cannot be easily replicated by competitors. You may be able to piggyback off the seller’s expertise or credentials, especially at the start as you get up to speed. Sellers may be willing to finance part of the sale, giving them some incentive to see the business succeed. Also, you may make part of the purchase price contingent on certain profit goals or other metrics. Observers report that "best side hustle 2024" micro-investors are tapping into regional bank recovery trades. Regional Bank Index rose 4.7% in Q2, with retail liquidity injections helping the rebound post-2023 stress-test results. Analysts see sustainable mid-term upside.