Published via Ecency

Good day everyone,my first time of posting in this wonderful community @indiaunited, welcome to my blog @zusi78 .This is my take on the topic of discourse.

With the current inflation situation and high cost of living,$1000 is not that much,but a good start fund for me to turn around in the long run.If I have this amount,two things I would do;Investing and starting a business.Saving, Spending and Donating would be far secondary.

LPG DISPENSER OUTLET

Source

I would split the amount into 60/40% in percentage ratio.
60% of $1000 is( ~$600),I have always love business, especially one that brings returns and domestic cooking gas (LPG) is a business I have always have interest in.With this amount I can get an outlet,buy some bigger LPG bottles, with some dispensing equipment and start refilling with proper guaging.I live in a community with lots of students,there is a Petroleum University not too far off and I see students and locals with small LPG bottles going far to purchase gas.With my stands it would take care of that.And since the market is there,in the long run it would be self sustaining like an autopilot.From the returns I can pay for the rent, increase my purchase, employ labour and pay salary.
And have some for savings.

Secondly the other 40% of the $1000(~$400) is solely for investments.I am a crypto enthusiast and I have been on the HIVE for just seven months(7) months only and I see what HP is all about.I would invest that whole amout on the Hive Blockchain by purchasing liquid HIVE and this is what I would do. with what I have seen and with the little experience I have gathered. I would split the money$400) into ratio 70%/20%/10%;

70% of the liquid hive,I would stake to become Hive Power(HP),20 % of the money is for delegations and the remaining 10% is for curation trails.
Now let me do a little breakdown of the above;I don't want to bore you much with figures,70% of $400 is $280 all I will use to buy liquid Hive and stake it to automatically become HP.

Staking liquid HIVE to Hive Power (HP) in the Hive blockchain generates returns through its Proof-of-Brain consensus, where your staked HP earns a share of network rewards paid by content creators. So with my HP I upvote quality content,I get curator rewards,while the author gets the rest.And with that reward I purchase more Hive,more voting power,more higher rewards and it becomes a compounding effect.
Then 20% of ($400 liquid hive) and 10%($400 liquid hive) are for delegations and curation trails respectively.I would just delegate to community like #ecency,#actifit even #indiaunited 😂.

Same goes for the curation trails,you have @arcange ,@curie @ocdb and others and they all( delegations and curation trails) bring returns at the end of the day.This would enable me to buy more liquid Hive and restake to become HP and this compounding effect continues. In a year or more you would see what it has generated to.And this would be so impactful on my life and family on the long run.