In India we have an investment option called “Post Office Monthly Income Scheme (MIS)”. Among other investment options, PO-MIS can also be considered suitable for investment by retired people. But PO-MIS is not limited for retired people alone. Anyone with age above 18 years can open a PO-MIS account. An account can be open even…
Why I’m talking about monthly income from investments? Because I’m an ardent fan of the concept of financial freedom. For anyone, the only way to find this freedom is to look elsewhere for monthly income. Where to look? Alternative sources (other than job/business). One of the best alternative source of monthly income is investment. “Income…
There are several alternatives available for investing money in India. But the problem is that, investment after retirement must be done in a specific way. Hence, the composition of ‘investment portfolio’ of a retired person is different from other people. What is the difference? A retired person plans to include those assets in portfolio which…
