
Passive sources of income
Could anyone suggest any good passive sources of income? Also I see a lot of people writing on LinkedIn these days, what's the motivation behind it? How are they able to monetize it?
When I look back and compare my father's investment in real estate and gold, TCS still beats those with a margin.
Blue Chip Stocks are π if business model is good and leadership is capable enough.
There is a limitation to how much a business can grow. Businesses like HDFC B, D mart , ITC, many others as well. They cannot outgrow the economy. Now these can be a consistent compounder, they cannot be a multibagger. One has to look at what can move next or where the growth lies.
Yup growth becomes asimptotic after a certain point
Buying a stock is one thing. Holding that for decades is completely another task.
Could anyone suggest any good passive sources of income? Also I see a lot of people writing on LinkedIn these days, what's the motivation behind it? How are they able to monetize it?
Today there is mild profit booking. Have purchased 500 ETF units of NIFTYBEES today. Let's see.
Anyone else opening new postions or any thoughts to share?
What are your net worth targets and goals by age? Here's mine:
25: 10L β 30: 50L β 35: 1.5 Cr π‘ 40: 3 Cr π‘
Goal: 25: 2L β 30: 30L β 35: 50L π‘ (had a baby) 40: 1 Cr π‘
So, a banker sold me ulip product 4-5y back.
Made almost 2x profit.
But now I am thinking to park this money somewhere else...it's tax free btw ( 80, 10 X D)
Options are many and am confused π€
Can anyone help me...
I am thinking to...