Who does not want to earn more money! But the work is not easy at all. Employees have to work from 10 am to 5 pm. They have no right to do any other work or business during the rest of the time. will prevent the rules. How to earn more money?
People who are thinking of earning extra money can easily do this in addition to working. It won’t be a problem. Neither company nor HR will stop. Anyone can earn passive income easily with these three methods.
Angel Investment: Currently the startup culture is very popular in the whole country. But not everyone can start a startup even if they want to. Because doing business requires capital. Collecting money is real. Now those who are not able to start a startup due to capital, can invest in their business. But we have to see whether the business will run at all.
If the business increases, a part of the profit will come. This is called angel investment. And those who make this investment are angel investors. Many people are earning big money by investing like this.
Loans from friends and relatives: Many times friends or relatives need money. But if you tell the bank today, you won’t get a loan tomorrow. have to wait In this situation, by lending money to friends or relatives, one can earn big money from its interest.
However, if there is a guarantee that they will repay the loan on time, then the loan should be given. At present, the maximum rate of interest on fixed deposits is 7 to 8 percent. Interest rate in case of loan is 10 to 11 percent. Taking interest at this rate is beneficial for both. Because there is no processing fee to pay.
Stock Market and Mutual Funds: Investing in stock market is the best way of passive income. But this requires a lot of research. Otherwise there will be nothing but loss. And yes, one should invest in stock market only if one has the ability to take risk. And if you don’t want to take risk, you can invest in mutual funds. Stock market and mutual funds yield an average of 12-13 percent returns. Profit will be more if you choose good shares.
