According to studies, a stable financial situation and availability of funds is one of the priorities in life most people on the planet, regardless of their nationality and citizenship.And the question is "how fast money" is traditionally among the most frequent queries in search engines.
Let's see how you can really increase your income and form the basis of financial independence.
revenues we receive from the four main activities:
1) Work on others (hired labor).
2) Self-employment (private enterprise).
3) Building your own business with the involvement of employees.
4) Investing.
Accordingly activity income is:
1) Linear (active income - money earned by their own labor).
2) Residual (passive income - once done work again and again brings in money).
most desirable is a residual income, because it is he exempt from routine work and brings the coveted financial independence.This income is generated:
- real estate;
- marketing;
- investment.
residual income from property
Renowned financial expert Robert Kiyosaki puts it a priority investment in the purchase of residential and non-residential property.In Western countries, where mortgage rates are much lower, it is very profitable to buy square meters in the loan, and gradually turn them pay the mortgage.After some time, such investment will bring net income.However, in our country, based immense interest clearly observed the principle of 'one apartment - me and two - bank ".In such circumstances, only profitable area to buy immediately for cash, without bank lending.And if you have got the square footage inherited - that consider yourself very lucky.Selling should only be a last resort.After all, according to conservative estimates, even if the market value of housing is not growing, the income from their own property is about 8-10% per annum, which will agree, not bad at all.
Pros: minimal risk of impairment of assets, a stable income.
Cons: the need for large investments once only.
residual income from investment
Attach the available funds can now be in a variety of financial instruments: stocks, futures, precious metals, mutual funds, etc.Information on this matter already written a whole sea.That sense of this sea and not lose money already much more complicated.The surest way - is to work with a personal financial adviser who will be able to develop a plan for you.You'll know exactly how much money each month to invest, what to buy, what percentage of risk and profitability at the same time you will get.
Yes, any financial risks are the possibility of loss by the investor.However, this percentage may well be adjusted.For example, if you entrust your money in the management of any fund or a private trader, then sign a contract in which the risks are clearly spelled out.Most often, the loss will be limited to 15-20% of the investment.But we can always agree on individual conditions.
In most cases there is a direct correlation: the higher the risk - the higher the yield.But in any case it is impossible to invest in financial markets the funds that you will not be able to lose without sacrificing their standard of living.That is, selling an apartment, borrow money or credit for investment, you should not.
now becoming increasingly popular private investment: the game on stock markets, futures, options, forex.So really you can earn, but you must remember that this is - the work, not a game for luck.It requires special knowledge, experience and skills - as well as in any other profession.Therefore safer to develop a plan of uniform monthly investments in precious metals and buying major shares stable.In the long term this will bring smooth even income that is higher than the interest on bank deposits.
Pros: small initial capital.
Cons: high risks of loss of funds, the need for specialized knowledge and skills.
residual income from marketing
This includes all activities which involve conduct preliminary market research: Infobusiness, creating websites and blogs, franchise, MLM, etc.The essence is to ensure that you will need to prepare your business proposal or business product required a specific audience and build a network of control, which will require a minimum participation on your part.Otherwise, such a business would bring only linear income, that is, you will certainly require the personal participation.
course, the creation of these projects will require a large share of creativity and fresh approach to the market.
Pros: opportunity to develop many new projects.
Cons: the need for processing large amounts of information, constant monitoring of the market situation of supply and demand.
Create a source of passive income - it is certainly time consuming.And then it will be necessary periodically to maintain it: to repair the property and deal with the lease follow the courses of precious metals and shares keep the site update and improve information products, etc.But in practice - it is an interesting process that gives a tremendous impetus for personal growth and offers real opportunities for their own financial independence.
