For retirees or individuals without a steady income, what are the best investment options for regular income? Here are some of the safe and most effective options.
Nowadays when it comes to regular income, many have only one choice called SWP (Systematic Withdrawal Plan). Thanks to the propaganda of few social media experts. Many who recommend or those who are implementing SWP strategies are unaware of the risk involved (especially when your underlying asset is equity or high-risk debt instruments). I wrote few articles on this and you can refer to the same “SIP Vs SWP Mutual Funds – Which is better in India?” and “Systematic Withdrawal Plan SWP – Dangerous concept of Mutual Funds“.
In this post, I am sharing few investment options where your principal is intact and you can expect safe regular income.
Ideally looking for regular income is suitable for those who have irregular income or for those who are retirees. However, in some instances, I found…