Smart ways to invest and attain early financial freedom

  In my search of good investing ideas, here is a special deal from one of my friends in Wayanad - a resort owner named Raghu. I am happy to share it with you. The scheme is as follows: 1. Raghu is building a resort with appx 30 rooms, a few villas and club house in a river facing property just 700 meters from a town called Panamaram in Wayanad. I have seen the location and I think it is a good one for a resort – but recommend that you also see it for yourself. 2.  Raghu will own 25% of the property himself – which means he has his own skin in the game. 3. You can choose to invest either Rs. 10L or 13

Jan

13

2012

Passive income as a concept is easy to understand – “it means getting a cash inflow every month without working for it” - passive income unlike active income does not depend on your effort –we all work for 8 hours or more a day - for 25 days a month and then we get a salary cheque – passive income comes every month without your working for it - a good example is rental income  - the rental cheque comes every month whether you are going to office or not.Now imagine if your monthly living expense is Rs 50,000 and your monthly passive income is also Rs 50,000. Wouldn’t that be an ideal situation? I am sure you’ll agree that this is a good situation to have.