The main income sources include
working for your boss
have a business your own
investment
For the first choice.It’s only few chance to get rich through the first choice.
You must be very very smart and work hard…Then you can get a lot of salary from your
job because your boss pay you huge money but need to earn more from their customers.
For the second choice. It’s much easier to earn more money then first choice. But it also very high risks and maybe you need to work hard more and more.But you earn what you got. You are the boss.You don’t need to be very smart man .You just need to have your special skills ,service,products and know how to be a good business man.
The third choice is the best way for me for earning additional income besides my job.
My advice is buying the mutual fund.
For the bond fund …there are many kinds of bond fund.
The type of bond fund diffenece depend on the bond rating.
type ,bond rating area earning average
1.High bond rating fund(AAA) USA bond 3~5%
2.middle bond rating fund (A) Global goverment bond 6~9%
3.low bond rating fund (BBB-) Emerging market or trash bond 7~10%
It’s only about averge earning from bond fund .
Why I suggest buy the mutual fund?
1.Shares are easy to going up or going down through short term news and much more risks.
2.investments needs very professional and spend a lot of time to research then you can earn the money. Don’t invest any shares before you totally understand that.
3.You can invest more kind of investments more easily through fund.
if you want to buy bond…you must spend a lot of money for one bond and sometimes hard to sell it to other people. And if the company gone. You can’t get your money back.
But bond fund invest a lot of companies or goverment bond. Even one of them gone.
You won’t get big hurt.
Investment is the best way to additional your income besides your job.
Of course it got risks .Nothing is no risks. But the biggest risk is you don’t understand that.
If you do…that will be a great tool for helping you get more money.
Some friends write me mails to ask about when thre is any financial senimar in English in Taiwan.
I think if you are interested in join the free senimar in English in Taiwan . You can write a mail to me.If there is any like that I will go and invite you to come.
Richie
www.fundyeaman.com