Passive income

Discussion in 'Money Matters' started by sonal1611, Mar 3, 2016.

  1. sonal1611

    sonal1611 Gold IL'ite

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    Hi All ,

    Want to know ur idea of passive income..

    Read a lot on net and found below

    1 ) Interest earned on FD - Depends how much u saved and can be varied as per roi changes.. 6.5 - 8 .. Not fixed .

    2) Dividend income - Buy share .. keep it for long time.. If it happens .. U will get dividend

    3) MLM marketing - Avon , Oriflame , Amway .. just a name of few

    4) rental income

    Whats ur bet for fixed Passive income..

    All ideas are welcome.. :D :D
     
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  2. amnilakshmi

    amnilakshmi Gold IL'ite

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    generate income via your hobbies
     
  3. Hobby

    Hobby New IL'ite

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    If you are blessed with talents that itself will generate income...
    Infact you are using your talents without frittering away.
     
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  4. BS157

    BS157 Bronze IL'ite

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    Invest in good viable start-up projects who seek seed capital through crowd funding or angel investors, with clear understanding of ROI /equity. There are a number of forums that help you identify such start ups where due diligence is been done & verification checks are done for the ease of the investor.
     
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  5. sonal1611

    sonal1611 Gold IL'ite

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    Thanks @BS157 , @Hobby

    I doubt if hobby income can be considered as passive as we need to put our time in that ..

    I think investing in startup can be considered as passive source of income as we need not to actively manage that ..
     
  6. 28neha

    28neha Platinum IL'ite

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    1,2 and 4th are called passive in come ,where as in 3rd option u have to put efforts to get return.in this one advantage is u dont need any capital, where as in first 1,2,4 option u need capital amount based on ur required return.

    now a day FD are giving very less interest but if want return without putting any efforts than go for it..if u want aggressive return you need to work on this and trade in stock market( very risky),u cant take help of advisories on these who are registered with SEBI govt org( Beware of fake advisers).

    OR go for mutual fund ,balanced risk.

    hope this will be useful..

    :)
     
  7. BS157

    BS157 Bronze IL'ite

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    @sonal1611...You are welcome. If you want any pointers, pls feel free to PM me. I'd be happy to share my inputs.
     
  8. sonal1611

    sonal1611 Gold IL'ite

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    Agree with @28neha

    My point for FD as Money will work for itself..
    Definitely Initial money I hv to chip in as an active money source. but then it will become passive after some months..
     

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