Easiest passive income professional#

You can become an investor who leases out tangible assets like cars, furniture, equipment, or intangible assets like copyrights.Īs a lessor, you'll receive an interest (passive income) along with the principal amount from the lessee for the duration of the lease. P2P lending plans range from 3 months to 3 years on average.Īsset leasing allows you to earn passive income. P2P lending on Cube Wealth can generate up to 12% returns with recurring payouts that are a source of passive income. Cube’s P2P partners LiquiLoans and Faircent are RBI Regulated while LiquiLoans has the unique honour of being the world’s first P2P platform to be rated by a credit rating agency (CRISIL). This way you invest money but reduce the risk associated with P2P lending by a huge margin. It is best to invest in P2P lending through an established mediator. You will essentially be lending money to borrowers and earning interest on top of it. P2P lending is basically an alternative investment path. Historically speaking, solid stocks with good fundamentals have been lucrative over 5+ years.

There are stocks that generate dividends which are known to be one of the best sources of passive income. Unless you have a trained financial advisor by your side, stock picking can take hours of research and periodic readjustments based on financial goals and market conditions. While stocks can potentially generate a lot of passive income, it is best to invest in stocks under the guidance of an expert advisor. This is, of course, something that requires a certain level of expertise and knowledge. Investing in stocks is another brilliant way of creating passive income. Generating a sizeable chunk of passive income from mutual funds generally takes at least 3+ years. Mutual funds have historically generated between 4 to 16% returns in India. You can choose funds known to be as low risk as liquid funds or as high risk as international funds.

Easiest passive income professional#

If you have a trained professional to guide you through this process you can build the perfect portfolio for your financial goals. This means you not only get to create wealth passively you also get to choose how much risk you are willing to take. You can choose mutual funds based on your risk appetite and timeframe. Investing in mutual funds is one of the best ways to generate passive income. Buying a house takes years if not decades. The average property growth rate in India is pegged to be 5.4% per fiscal since 2016. You may run the risk of choosing a bad location, the house being unrented for long periods of time, and other risks. It isn’t the easiest or the safest path to passive income. More importantly, there is very little liquidity in real estate. This is a difficult move in today’s economic situation. This means you work hard to collect whatever money is required to pay for your first rental property. Owning land, property or even storage space can be a great way of generating passive income. Given below are some of the best passive income ideas: Idea 1: Rental Income The meaning of passive income for most Indians, however, is income coming from rent, partnerships, businesses where they aren’t doing any high-effort work. What passive income means essentially is that you can make money regularly by putting in a lot of concentrated effort over a short period of time. Passive income is a concept that is becoming popular and a lot of people are seeking ways to generate passive income.

Passive Income is defined as income that you have to put in little or no effort for. The interesting thing is that you may be equipped to generate passive income through several means.īefore we talk about all the different ways to generate passive income, let’s dig a little deeper into what passive income means in simple terms. In this blog, we will touch upon some of the best passive income ideas for Indians.