8+8+8 rule for life{ Passive Income }How to Make Money While You Sleep தூங்கும் போது சம்பாதிக்கணுமா?

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Passive Income: How to Make Money While You Sleep
Passive income is a type of income that requires little to no effort to earn and maintain. It is often considered as the holy grail of financial freedom because it allows individuals to earn money while they sleep, travel or spend time with their loved ones. In this video, we will explore what passive income is, how it works and some of the best passive income streams you can start today.
Passive income is all about creating assets that work for you. It is a great way to achieve financial freedom because it allows you to break the cycle of trading time for money. Instead of relying solely on your job to earn an income, you can create assets that generate income for you. This could be anything from rental properties, dividend stocks, digital products, or affiliate marketing.
One of the biggest advantages of passive income is that it provides a steady stream of income, even when you are not actively working. This means that you can create multiple income streams and diversify your sources of income, which can help you weather financial storms and provide a more stable financial future.
Passive income streams come in various forms, each with its unique advantages and disadvantages. For example, rental properties can provide a reliable source of monthly income, but they require a significant upfront investment, and there is also the risk of tenant turnover and property damage. Dividend stocks, on the other hand, require little to no maintenance, but the returns can be modest, and they are subject to market volatility. Digital products and affiliate marketing are popular options for online entrepreneurs, but they require a significant upfront investment in time and resources to create, market, and sell the products.
Dividend stocks are also a popular passive income stream that involves investing in stocks that pay dividends regularly. This can be a reliable source of passive income, but it is subject to market
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By Sathish Kumar - Helping you to take Smarter Investment Decisions.
Finances are growing more complex and dynamic than ever. With the rising investor needs and complex financial products, there is a strong requirement for need-based holistic advice by financial planners It is often said that we are good savers, but ‘poor’ investors. we usually lack the financial knowledge to plan for the long-term, in choosing right asset allocation and diversifying our asset.
Leave the complex matters to professional The role of a financial planner is similar to that of a doctor. A financial planner is a professional advisor who helps clients deal with various personal finance issues through proper planning and his expertise.
Financial Advisor for a Long Run. A Financial planner should walk with his client for a long run. He should review the portfolio regularly (Ideally once in 4 months) recommend actionable on portfolio and help the client to achieve his or her financial goals.
Connect with me for to change your finances forever
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Disclaimer - This is my personal opinion, for all investment your investment related decision pls do your own research or consult your financial Advisor. Mutual Funds and Stock market does not guarantee any returns and past performances are not necessary indicative for future performances.
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