The request of a second income after a period of 10 years might be due to decrease of the purchasing power of INR due to high inflation, INR decreasing value against USD. Always think of various different source of incomes instead of staying invested passively in one investment type.
@@RajeshSingh-ky2oq : I can think of following reasons:1. you can buy 2nd house by using leveraging from house loan as no one will give you money at 8.5 % if you have already got good Corpus either in share market or cash. 2. Diversify portfolio 3. Money will lose its value & emi stagnant. EMI looks small after let's say 5 years if the home loan is 15 to 20 years. 4. rental yield will increase every year if the location is good.
You're doing a fantastic job! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
The request of a second income after a period of 10 years might be due to decrease of the purchasing power of INR due to high inflation, INR decreasing value against USD. Always think of various different source of incomes instead of staying invested passively in one investment type.
Thank you gaurav sir
Thanks
What all can be reason for a 2nd income? And in which condition is this required?
Probably the client was talking about passive income. This can be achieved from portfolio income.
@@RajeshSingh-ky2oq : I can think of following reasons:1. you can buy 2nd house by using leveraging from house loan as no one will give you money at 8.5 % if you have already got good Corpus either in share market or cash. 2. Diversify portfolio 3. Money will lose its value & emi stagnant. EMI looks small after let's say 5 years if the home loan is 15 to 20 years. 4. rental yield will increase every year if the location is good.
@My3investments these are few 2nd income options. There are merits and demerits. But my question is different- the logical reason for 2nd income.
You're doing a fantastic job! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
😊👌
I think he just need mental satisfaction that this much amount is like my second income
Wrong advice for second income