How to become rich in old age?

Investing is one of the best ways to secure your financial future. Rather than just making money, investing allows you to make your money work for you over the long term. While it's true that investing involves risk, the potential rewards make it an attractive option for many people.

When you invest your money, you're putting it to work to generate more money. By investing, you can earn passive income, which is income that you receive without having to actively work for it. This type of income is especially valuable because it allows you to earn money even while you're not actively working. Passive income can come from a variety of sources, including real estate, stocks, bonds, and other investment vehicles.

To earn a passive income through investing, you should aim to invest at least 10% of your income. This will help you build a solid investment portfolio that can generate income over the long term. Of course, the more you invest, the greater your potential returns will be. However, you should always be careful not to invest more than you can afford to lose.

For Iranians, there are several types of passive income available through investing. Real estate is one popular option, as the country's real estate market has been experiencing steady growth over the past few years. Stocks and bonds are also popular options, with many Iranians investing in the stock market or purchasing bonds issued by the government or private companies.

After 10 years of investing, the amount of passive income you can expect will depend on a variety of factors, including the amount you've invested, the types of investments you've made, and the overall performance of the market. However, it's generally safe to say that the more you've invested, the greater your potential returns will be.

It's important to remember that investing involves risk, and there are no guarantees when it comes to investing. It's possible to lose money, and it's important to be prepared for this possibility. That said, with careful research and a solid investment strategy, you can minimize your risks and maximize your potential returns.

In conclusion, investing is a smart way to secure your financial future and earn passive income over the long term. While there is risk involved, the potential rewards make it an attractive option for many people. Just be sure to do your research, invest wisely, and only invest what you can afford to lose.