Multiple sources of income help us meet our objectives faster and comfortably, but not many of us venture out beyond the comfort zone of fixed salary income every month or interest from FDs at best. Now would be a good time to change the mindset and start building wealth.
Some or all of these will work for you too:
- Salary/ Income from profession- your comfort zone.
- Interest - little but safe, most of us venture out till here at most.
- Rental - heavy investment & liquidity issues. Works for some of us though.
- Dividends - smartly done, this could give give you a decent cash flow.
- Capital Gains - appreciation in the value of assets owned.