Living off of passive income sounds like a fairy tale bro. It is easier said than done.
It is not impossible but the groundwork for independence is too tiresome and requires long commitments and dedication.
I wish you had written this post 6years back. 😂😂😂
But like the saying goes, Der aaye Durrust aaye (Better late than never)
I started a small investment last year and I am ramping it up this year. I am on the way.
Lets hope that we can continue such dialogues when we retire.. ☮️❤️
Very true. Easier said than done. It needs a lot of discipline. As far as I know you, you are smart and forward looking person. So 10 years from now you would be writing literature about your success stories.
Bhai, wow!!!
With such support nothing is impossible. I never set a 10year goal before. But it long overdue, time to set some 10years goal.
What according to you is a good start for financial freedom?
I started by investing in PPF and RBI bonds which have a maturity period of 10-15 years. Recently stocks and mutual funds is the new favourite. Real estate investment every 7-8 years is also good.
Gold and silver investments in circular manner. Crypto you know already.
Basically diversify your investments and let them grow organically while you are earning actively.
Wah!! Bhai sahi hai.. PPF ke baare mein mujhe bhaut der se pata chala. Abhi afford nahi kar paa Raha. Mere liye to missed opportunity jaisa hain PPF.
Aapke pass Inka knowledge kahan se aaya. I mean school mein padhte nahi aur phir job par batate nahi.
Superb...
I have to make sure that my son gets all the wisdom about money from early age. Don't want him to regret at later stages.
Thanks for sharing it.
I agree that it is easier said than done. But definitely not impossible. Hope we will have that luck to stay strong and keep going.
True that, luck is also an important factor we should be lucky enough to have time and to utilise it wisely.
Otherwise we would be ending up wasting the most important resource 'Time' ❤️☮️