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Second source of income/ Passive income

Discussion in 'Technical Analysis' started by vaibhavkbhalerao, May 26, 2022.

  1. vaibhavkbhalerao

    vaibhavkbhalerao New Member

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    Hi Sir,

    I am looking for second source of income and I think share market is one of the key option everyone considered while thinking about it. Although I don't think working people can really make a money with trading and many statistics says the same. Yes they can build a good portfolio for wealth creation but trading is not an option for creating a regular income. What is your views on this?
    Do you also trade? Or blogging is your second source? Also please share your views on blogging as a second source of income?
    I also request other members to express their views and we can have a healthy conversation and hopefully realistic conclusion.

    Thank you.
     
    vaibhavkbhalerao, May 26, 2022
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  2. shabbir

    shabbir Administrator Staff Member

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    I totally agree with you on it. Relying on share market as a source of income is never a good idea. When you need money on a particular day of the month, share market can and will always be unfaithful with you on that day.
    Now I don't but still, some of my portfolio positions are not for investment. Again, when I am trading, my position is few months to a years time. When investing it is few years to a decade time. So when I say trading now, I am trying to double the money but when investing, I am trying to be a partner in the company.
    Yes it can be a good source of income.
    I will suggest you to read my other blog articles
    https://biztips.co/earn-from-blogging-in-india.html
    https://biztips.co/bloggers-make-india.html
     
    shabbir, May 27, 2022
    Share #2
    emailsaravanans likes this.