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…

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…