Multiple passive income opportunities for Indians.

in Project HOPE17 days ago

Having numerous income streams is always a sensible decision. Recently, after investing in NPS, I became more interested in generating numerous revenue sources. Good financial decision-making must begin at a young age. For example, the income from NPS will be beneficial if we begin saving money in NPS at an early age.
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Income from dividends
Most people who are interested in stock investments can choose this road. Some equities pay a decent dividend every year or many times a year. If we are fortunate enough to acquire those stocks, we will receive dividends on a regular basis, which can serve as an excellent source of passive income.

Income from rents
Real estate can always be in demand. Every industry will experience ups and downs, but investing in real estate may yield significant returns. Renting out our houses might be regarded an excellent option since it provides a reliable passive income stream that can assist us even when other ideas fail.

Income from NPS
Many individuals believe that they will not survive past the age of 60, thus there is no purpose in putting money in something that would only yield after retirement or old age. Knowing more about this income stream recently has made me realize how significant this investment is, and having passive income as NPS after retirement is fantastic.

Income from bank interest
The most typical way to gain money is via FDs from a bank account. We have the ability to make these deposits online. Some people are content claiming that the interest offered by the banks itself is adequate for them, and they don't believe

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