InvITs: Investing for an additional source of income💰(IRB InvIT🛣)

We are always looking out for additional sources of income – some look for more side hustles, I look for financial assets that can generate a regular income. But while entrepreneurs can start with little or no money, financial assets require an initial lumpsum investment. One such income generating avenue currently available in the Indian…

Dividend Candidate(#1): GMDC🤑

Not a great company; not even average; below average would be apt. Then why start with this? Because the dividends they dole out is quite surprising. Here’s a snapshot from 2015: Gujarat Mineral Development Company (Ticker NSE: GMDCLTD) CMP: Rs. 55.35/- (NSE, 10 Dec 2019) [1]Established in 1963,  it’s a state owned enterprise – 74%…

Dividend Income – Pot of Gold or Reality? 🌈

Dividends are a source of income for equity investors; but many are not interested in the small amounts distributed as dividends and prefer to make a killing buying low and selling high. Why should an equity investor in India pursue dividend investing? As per the current IT laws, for a resident individual dividend income upto Rs….

Women must learn to earn…an additional income🦹‍♀️

“A woman’s best protection is a little money of her own.” – Clare Boothe Luce (first American woman appointed as an ambassador) “My husband gives me Rs. 500/- to fill petrol in the car; I fill petrol for Rs. 300/- and keep Rs. 200/- for myself.” My friend is an MBA grad; she and her…

Embassy Office Parks REIT : To Buy or Not to Buy?🏢

To Buy or Not to Buy – that is the question – mainly because you like some aspects of a REIT – the prospect of receiving rental income; but not sure about others – is there capital  protection and how much income can I expect? Ticker: NSE: EMBASSY; BSE: 542602 CMP Rs. 419.98/- as on 15…

Making your first SIP million 💷

“The key is to begin…” they say and so I start my savings with a Rs. 1000/- monthly SIP in a mutual fund. “An end date for the SIP ?” asks the advisor. “Two years for the time being and then I will decide.” Two years later…. “I will continue with the same SIP amount….

A better way to add rental income to your portfolio💰

Rental income has become the holy grail for a passive income source in the gig economy. And now there is an easy route…read on🚧. What are the options ? Subletting an apartment is not permitted by most landlords and hence to earn rental income you need to have ownership. You can buy a property in an…

BSE Ltd: The exchange’s blue ocean strategy is yielding results

Paperless MF investing – it’s something taken for granted by a digital native, but for a digital immigrant like me its nothing short of a miracle of technology. I shortlisted a few MF schemes for investment, but they were spread across different AMCs; I want the Direct plan, bypassing the agents; this means a visit…

Robo Advisors to help you meet your financial goals…🤖

If you are a Preferred, Priority or Premier customer at a bank, you get a Relationship Manager, else you get the Call Center. Similarly depending on your investible surplus now either you can avail a Robo Advisor or an actual human Investment Advisor. But apparently people are quite happy with the Robo Advisor as seen…

Investing in smallcase 🤑₹

Smallcase is an investment idea in the Indian equity market – to put it simply, a combination of the mutual fund concept and a stock systematic investment plan (sip). I have been doing both separately for sometime and now will try the smallcase way. As I mentioned in the prior post on smallcase, the investors buy…

Social – Meet & Celebrate 🍻

Social is one of the recent additions to Bangalore’s dining out options. The restaurant at Sarjapur is on the 7th floor and as you step out of the lift (so many people and so little space) and walk in for the first time, a smile naturally blooms as you see the large french windows opening…

Buckle up for a roller coaster ride

Life seems a bit dull ? Thinking of adding some excitement. Thoughts of trying out something new. How about some speculation ? Gambling, no; but something close – investing in the stock market. Only Buffet could say that it was a simple process, almost boring; no one else will agree. Investing in the stock market…

Power of compounding and why we fail

Have you noticed a common theme in all the stories that demonstrate to us the magic of compounding – the recipient in unaware of the existence of the principal amount and oblivious about the compounding magic that happens silently over the years. (Warren Buffet will be an exception !) Then, several years down, one fine morning,…

India Shining on the latest GDP growth projections

It is a standard question in all finance classes. The teacher asks “What is GDP?” The students answer in chorus ” Gross Domestic Product.“ And the teacher goes ” That’s the full form, but what does it mean?” No one knows. Finally we learn what GDP really means. GDP is the market value of all…

Kids and cash

The kid needed a new pair of shoes. To go shoe shopping, I asked him get the cash from his dad. “How much ?” my husband asked. The kid didn’t know how much to ask for because  he knew the kind of shoes he wanted, but he didn’t check their price range.  He knew the…

Passive Income Strategy : Making my salary redundant

WordAds is not an income source for me. I was hopeful when I started on WordAds in Sep 18, but till date not a penny received from them. Currently my only passive income source is investment income. I was working full-time for 9 years and when I decided to take a sabbatical, the first thought…

Catch ’em young and teach them equity

Direct equity investment is not everyone’s cup of tea. There are people who understand the risk and take the time and effort to invest in shares with the aim of earning higher returns than the savings bank interest and fixed deposit schemes. Equity is also a hedge against inflation and for those not interested in…