Skip to main content

Compound income

 HOW TO DIVERSIFY OUR INCOME TO COMPOUNDING

 

Dividing our income to three quadratic order:



 * Every one in the world do something for living.

*If working professionals are earning money as regular fixed rate.So they can easily divide their income to make great wealth.

*We look at the dividing the the income with a simple example if a person named x is working with an company called abc company.

*In the company the person x has 10000 as salary per month.

*In this instance the person has divide the income of 10000 to three parts like need,want,savings.

*So we consider the person x has take 60 percent for need and 30 percent for want and the final 10 percent for savings.

*Like this method the person x has 6000 for needs like food,rent, electricity and other major important things.

*Then the 3000 for wants like entertainments like movies, outing, shopping and other stuffs.

*The remaining 1000 as savings.So the person x has decide to invest this for future and also the person x has want to compound this savings 

*So he planned to diversify this 1000 savings to many stuffs like stock market, crypto and also commodities like gold.

*Then he decided to divide it 3 parts and invest it to all of these three type of investment methods.

*He decided to invest 600 to safest investment so first invest this 600 to gold

*Then the second part was 300 to crypto market like btc,doge,tron,litecoin etc.

*Finally he invest 100 to stocks like Apple, Amazon,Tesla etc

 *If the person X has worked 12 months the person x has invested 12000 in the time of twelve months

*In the average return is about 50 percent the person x has approximately has around 20000 in twelve months as savings 





Comments

Popular posts from this blog

FIXED DEPOSIT COMPOUNDING

  COMPOUNDING MONEY WITH BANKS: *Every bank has a fixed deposit rates according to their capacity or assets. *So we take an example of fixed Deposit with an example of 7 percent per annum. *We take an example of person A has decided to put fixed deposit in bank. *So person A deposit 100000 with a bank in the interest rate of 7 percentage. FIXED DEPOSIT  *The person A earn 7000 every year as an interest.But the person A not only earn 7 percentage interest. *He also able to take loan against fixed deposit with minimum interest . * The person A has double the deposit in 10 years of time.He can also use the amount of fixed deposit as an emergency fund. *This was we use our money to work for our money. *This the one of the safest way of compounding our money with banks. *In fact the whole bank is working our benefit. *We without doing anything the money is making money.This is best and better way of investing.

BENEFITS OF INVESTING IN GOLD

 INVESTING IN GOLD      Overview of Gold as an investment:   *The gold is an rare metal that found in earth so it is hard to make gold artificially.So it has a better value among the world  *It is easily tradable material in the world *It is also an safest investment because the year after year.The demand of gold increasing continuously. *It is flexible to buy and sell gold.In fact we can buy a gold in any country and able to sell in another country. *We don't want a broker to sell or buy gold.So we don't want to pay brokerage for anyone  *So we can consider gold as an investment for decent return for our investment. *Investing in gold for your portfolio.It is strategic way to diversify the risk in your portfolio. Pros and cons: *Investing in gold have some pros and cons.So let's see some pros and cons of investing in gold  Pros: Gold hedge against Inflation: *The gold is an traditional style of investing.So gold converts a value of money in terms...