5 Ways You Can Get Rich from Elections

 



With the presidential election coming up, many are looking for ways to make some bucks from this and future elections. Here are five unconventional ideas to consider. These should not be taken as financial advice:

  1. Cryptocurrency – Meme Coins
    Several meme coins bear politicians’ names, such as Joe Biden's "Jeo Boden" coin, Donald Trump's "MAGA" coin, or Kamala Harris's coin. Is this a sensible investment? Absolutely not! However, the volatile nature of these meme coins and their tendency to react to current events may create a potentially profitable opportunity for those with a high-risk appetite who can keep up with political news.
  2. Campaign Merchandise
    Invest in or create merchandise for popular candidates. If a candidate gains traction and wins, the value of their memorabilia can rise significantly. For example, Trump is selling watches valued from $400 up to $100,000. You don’t have to be a Trump supporter to purchase these items; as long as there are other supporters willing to pay a higher amount, you can profit.
  3. Gambling on the Election
    While gambling on election results is illegal in the United States, you could fly to the United Kingdom to bet on U.S. election outcomes—the irony in that!
  4. Posting Election-Related Videos on TikTok
    TikTok accounts can be sold if you build a substantial follower base. Posting content related to the election can be an effective strategy to grow your account, allowing you to sell it once you have enough followers.
  5. Tracking Politicians’ Trades
    All trades made by members of Congress must be disclosed by law. By tracking these trades on platforms like Capitol Trades, you can gain insights into what trades to consider based on policymakers who have access to draft bills and policy proposals that could shape or change industry landscapes.

Comments

Post a Comment

Popular posts from this blog

Emotions As a Connection with Memories

     Human memory, unlike stored data, often fades with time and is not as clear and detailed as what really happened. Yet, memories to a certain extent are more vivid for they not only contain facts but also emotion and certain connections with other memories, and all as a collective, make up an individual’s characteristic. Most importantly, an individual has the power to select memories that he or she wants to remember or forget, as well as the emotion and other characteristics associated with that memory. Katherine Anne Porter, who has experienced the influenza herself, has used the emotions of characters in “Pale Horse, Pale Rider” to better describe society’s memories of the influenza and World War I as a collective. Humans’ memory does not only contain historical facts but also emotions that are associated with that memory.  “P...
Read more