XFV, M&T Factor by Rasmeet on Trident Ltd, CMP : 82.10 Dated : 11th June 2017
Sunday, 11 June 2017
JOB or Business Or Financially Independent : Choose?? Work towards creating Passive Income
Your Money is resting in Air Conditioned Bank, while you are working hard in the hot sun to earn Money. When will that that day come, when you will rest on a beach and your money will work as hard as you? Think about it.
JOB : Active Income
Benefits :Working 9 to 5, learning new thing, doing same work, regular income, no tension as monthly income is almost assured, enjoying the weekends, etc Risks Suddenly job is lost, too much pressure, even health doesn't allow still we have to do, there is limit to spend, earn and limit to do job till age of 55,60 etc
Business : Active Income
Benefits:No compulsion of time, good name in social circle, good risk taking ability, enough resources to do other work, good income, chance to meet new people and learning lot of new things etc:Risks: Technology disruption, too much pressure, competition, dependent on govt policies, managing various departments, its not 9 to 5, its 24 by 7 work, risking more than your ability, bad times etc
Financially Independent : Passive Income
Benefits: Capital gains from Investment, Dividends by investing, receiving regular interest, rental income from property, Life time monthly cash flow at home, not financial dependent on others, choice of doing work which i love most, traveling without backdrop of any tension etc: Risk ZEROSo by investing in FD's, LIC'S, GURANTEED PRODUCTS you cannot become financially independent, we need to take part in Indian Economy through mix of Debt & Equity Products to be financially independent & b associated with right people who can help you understand real meaning of compounding over time
Thanks
Rasmeet (Trader, Investor, IFA, CFGP)
www.greenhedgecapital.com
16 A, Dasonda Singh Road, Lawrence Road Ext, Amritsar : 143001
greenhedgecapital.blogspot.in
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