I donnt think this writer has the knowlegde of money or investment option whatsoever he is talking.he says that to ways to generate steady income is to borrow money from bank or other investor at the rate of 10 %pa and then rent the property.If he failed to rent it to say 6 mnts.can u calculate the interest on mnm 15-20 lakhs required on buying any meagre prop.then property will be of bank if he fails to give the emi.and then Mutual fund.max returns on papers 8%,which in time lock period.people are just driven these companies by their marketing into throwing their money into the hands of these companies.
this is pathetic article on generating money from alternate sources.. the main reason i want to earn more is because i dont have it now.. and the author simply keeps giving options after options to invest earn through dividend, rent, interest, etc.. simply pathetic.. better ways would be: 1. part time job in a local business 2. provide coaching to students on weekends 3. become a travel guide/travel photographer, etc..
These are options of investments for people who already have some spare income/savings which can be invested to earn interest & to save income tax.thew wirter should have provided alternate income options for needy people whose incomes are not enough to meet their essential needs. IT APPEARS THE WRITER IS SOME SORT OF TRYING TO MARKET INVESTMENT BY MISGUIDING
