My Failed Writing Investments
If you are doing what I did, please pause it.
Whatever little investment knowledge I have, I got it from my mother. Her principle of investment was to avoid risks. No matter in which stage of life you are, don’t take risk with money. In hind sight I can’t blame her for that. Her experiences had taught her that. Growing up in the 60’s in a farmer family in South India, she had touched money with her hands only when it was given to to her to pay school fees. Hence instead of learning about stock market or mutual funds which are “subjected to market risks”, I thought to make money from something I had done from childhood — writing.
I love writing. I am not a good writer though. Without any research, I went on to create two blogs. One for books and another for engineering. Both are dying like circus in the pandemic. The blog for book summaries was created in 2018. The first problem with it was that, there are already websites which do the exact same thing. The second problem, these websites had ample traffic flowing to them which makes it harder for my blog to stand out. The third was that, I was not consistent with posting. All together it was a recipe for failure. The engineering blog showcases problems solved in my career as a software engineer — turns out those problems weren’t unique after all. Thousands of other engineers had them and…