2024-01-28 04:00:00
In this article, we will explore different investment methods to generate additional income of around 1000 euros per month. The possibilities are numerous, but we will focus on those which present the best potential for profitability and sustainability.
Financial investments
Among the most famous investments: the stock market. Of course. Investing in the stock market can be within everyone’s reach provided they are informed and invest intelligently.
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IG is a cutting-edge platform on which you can invest in products related to the stock market, raw materials, cryptocurrencies, etc. Investing involves risks, gains are not guaranteed.
Dividend Stocks
Investing in the stock market can be a great way to generate passive income. By purchasing shares of companies that regularly pay dividends to their shareholdersit is possible to receive a share of the profits made by them.
Note that this type of investment involves risks, including stock price volatility and random level of returns.
Corporate or government bonds
Bonds are debt securities issued by companies or governments to finance their activities. By purchasing a bond, you become a creditor of this issuer and receive interest in return.
This solution is generally less risky than shares, however the return depends largely on the quality of the issuer and the interest rates charged at the time of purchase.
Investment funds (UCITS)
Undertakings for Collective Investment in Transferable Securities (UCITS) are structures which allow individuals’ investments to be pooled on the stock market.
The principle is simple: each saver subscribes to shares in the fund, which then makes investments on different financial markets on behalf of the subscribers.
The monthly income potential here once more depends on the choice of fund and its level of performance, as well as the management fees and commissions applied by the managing organization.
Real estate investment
Real estate is often considered one of the best options for generating a stable monthly income. The only problem is that you must already have savings to make a contribution. It’s difficult to get started in real estate from scratch.
Buying reselling
This method consists of buying a property below the market price, then renovating it and reselling it with a profit margin.
Without experience or in-depth knowledge of the field, the risks are significant and it can be difficult to regularly achieve net profits of 1000 euros per month.
Furnished rental
Investing in property intended for furnished rental offers many advantages. In addition to generally higher profitability than bare rental, this solution also benefits from an advantageous tax framework, in particular thanks to the status of non-professional furnished rental company (LMNP).
Invest in an SCPI
Real Estate Investment Companies (SCPI) allow you to invest in real estate without having to buy a property directly.
The objective is to pool investments by purchasing shares in these companies, which will themselves acquire and manage rental real estate. This provides a relatively stable and profitable investment, with an average return of 4 to 6% received in the form of dividends.
Entrepreneurship: starting your own business
Starting and growing your own business can be a great way to increase your monthly income. Of course, this requires a significant personal and financial commitment, but we must not forget that entrepreneurs are at the origin of some of the greatest economic successes.
Franchises
Joining a franchise network has the advantage of offering a business model that is already proven and profitable. Franchises often offer support for new franchisees, which limits risks and makes it easier to start the business.
Start an online business
E-commerce is a growing sector that offers many opportunities to generate additional income. Setting up your own online store, selling on marketplaces or creating a monetized blog are all avenues to explore if you want to embark on this adventure.
Do not forget that the key to success lies in the ability to attract and retain target customers, in particular by offering a well-designed site, a relevant product or service offering and effective communication.
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