Passive income tips: In the midst of the Corona crisis, at the rate at which inflation is increasing, if a salaried individual invests a little bit for passive income, then additional earnings will be very helpful at the time of crisis.
The stock market and mutual funds are old means of investment.
Passive income tips: The whole world is affected by Corona for the last one and a half years. Millions of people have lost their jobs. Everyone is facing financial difficulties. Financial planning is very important at this time of crisis. Corona has given a lesson to the salaried people and has explained well about the importance of passive income i.e. other means of earning.
In this article, we will tell you about passive income for which no extra effort is required. You have to invest some part of your salary every month in this and it will become your additional source of income. By the way, the craze of REITs, cryptocurrencies, peer-to-peer lending has increased a lot in the last few years. Despite this, before investing in any place, it is important to know about its good and bad. One thing financial experts always say is that your portfolio should always be balanced. Include risk as well as assured return schemes in this.
Share market and mutual fund old means of investment
The stock market and mutual funds are old means of investment. In the Corona era, there has been a flood of investors in it. Investing in the stock market is definitely risky, but if you include big and small companies of different sectors in your portfolio wisely, then you will always be in profit on a net basis. Debt funds are more secure in mutual funds as well whereas with equity funds the risk is higher.
Invest in these tools
Apart from these two, peer-to-peer lending is a new savings instrument. Apart from this, many investment options like Lease Financing, Venture Capital, Fractional Investment, REIT are available in the market. Under P2P lending, you give a loan to a needy individual or business. You also get interest and loan repayment is also done along with it. Under Venture Capital you invest for Idea. The idea belongs to someone else but you do the funding.
Hedging against inflation is essential
In the last few years, interest in these investment instruments has increased because the interest rate for traditional instruments like savings and fixed deposits has come down significantly. Here the returns are better. Financial experts also say that it is like hedging against inflation. If you do not invest in such places, then what you get through traditional investment methods becomes zero on a net basis from inflation.
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