Real Estate : This requires large capital as possessing property for this is a necessity. If you have a house you don’t live in then rent it out to someone. Depending upon the location of the property you can get more or less money for the plot. Even if you have a extra room in …
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DIVIDEND STOCKS : An introduction to passive income
Ever heard of making money while you sleep? Yes it exists and comes in the form of passive income. Now you would be wondering what is passive income and what is active income. A job where you work all day and get a pay check at the end of the day or month is a …
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What are MUTUAL FUNDS and how do they work?
As we have seen in advertisements, people encourage others to invest in mutual funds. But what are mutual funds? here’s a simple explanation and how they work – Mutual funds involve you, your money and an asset management company (AMC). So how do they work? Mutual funds involve you giving your money to an AMC …
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ROTH IRAs – All you need to know
Roth IRAs are special individual retirement accounts that offer valuable tax benefits, including tax-free growth on your investments. How does a Roth IRA work? A Roth IRA is a retirement account that encourages you to save by offering you a tax benefit. Unlike with a traditional IRA, your contributions to a Roth IRA are not …