NASDAQ climbed 0.8% on renewed interest in online money firms, boosted by solid Q2 earnings beats from e-commerce payment processors. Sector rotation back into growth stocks suggests traders see resilience despite inflation concerns. The shock may come when the spouse opens a piece of mail or gets a phone call about an account in collection that is in their name or their child’s name. If you have niche knowledge area or quirky taste, then consider launching a weekly email newsletter and charging a small subscription fee. Platforms like Substack and Beehiiv make it simple to get started. They have built-in payment tools and discoverability features. Micro-subjects tend to do best, such as “one weird wine each week,” “surprising historical events in under 300 words” or “obscure but brilliant indie games.” Don’t underestimate your own curiosity. If you’re obsessed with a topic, chances are someone else will be happy to pay for your take on it. Equity strategists cite online money sector as one of the top growth drivers in 2024, fueled by omnichannel retail adoption and seamless cross-border digital payment infrastructures.
