Passive income from Annuity Schemes?

[Hate2Wait]

I have recently heard about different Annuity Schemes offered by different banks like we have state bank of India which is the no. 1 public sector bank and we can invest a fixed amount in this scheme and after that we will get a fixed income every month in the form of interest, just that we need to invest a big amount but still I feel it's a good option.

 

[LoukiaCharilaou]

This is very interesting. You can invest some money in this scheme and get passive earnings every month,

 

[cherry123]

Yes it isn't a bad idea to invest if you know how it works. it isn't cool to invest money without good knowledge of it. So if you understand it ,you go ahead

 

[nomad]

Investing can help you generate passive income and some of the investment schemes are also risk free, for instance depositing money in high yield bank accounts, however, you need a lot of money for that purpose.

 

[uptrendfinancialsignal]

I don't know anything about the annuity scheme but I know that investment is very good way to generate passive income.

 

[Reedex]

I don't know anything about the annuity scheme but I know that investment is very good way to generate passive income.

The same thing is applicable to me as well because I don't have any experience about it.

 

[eldavis]

This is a legit way to earn passive income though, its also similar to having a fixed deposit account which generate interest for you during a specific period of time. The problem here is that does who do not have huge amount of funds might not be able to earn something reasonable.

 

[Yohanna]

This is a legit way to earn passive income though, its also similar to having a fixed deposit account which generate interest for you during a specific period of time. The problem here is that does who do not have huge amount of funds might not be able to earn something reasonable.

It is true that it is a legitimate way to make passive income but it must be done with a thorough research.

 

[Starmix]

That's good and that's how money works that would lead you to live on interest. That's one explanation now on how to live on interest through the right banking. Go on to that. banking investment.

 

[flower]

That's good and that's how money works that would lead you to live on interest. That's one explanation now on how to live on interest through the right banking. Go on to that. banking investment.

It is better to engage into many online money making activities if you want to reach financial covenience very easily.

 

[Chibson]

it is a very good option for people that have a lot of money and are looking for low-risk way of investing their money. If you do not have a lot of money you may not be able to generate tangible profit.

 

[flower]

it is a very good option for people that have a lot of money and are looking for low-risk way of investing their money. If you do not have a lot of money you may not be able to generate tangible profit.

Definitely, this particular money making activity is applicable for people who have a lot of money to risk in an investment.

 

[Chibson]

This type of investment is not so risky in my perspective. It is for people who have a lot of money to make some percentage after some period of time.

 

[Suba]

I have recently heard about different Annuity Schemes offered by different banks like we have state bank of India which is the no. 1 public sector bank and we can invest a fixed amount in this scheme and after that we will get a fixed income every month in the form of interest, just that we need to invest a big amount but still I feel it's a good option.

Thanks for sharing, I don't understand about Annuity Schemes, is it in the form of a deposit, only a deposit at the beginning of the transaction or a type of Term Savings that must be deposited every month in a fixed amount as well as a predetermined withdrawal time,

 

[flower]

This type of investment is not so risky in my perspective. It is for people who have a lot of money to make some percentage after some period of time.

It is true! Such kind of investment comes with very low amount of profit but if you can invest huge money then, you're going to make more profit.

 

[Suba]

Currently there are many types of investment instruments that start with small capital, and really help us to start investing in ways such as saving every month, which is very useful for training our discipline, the longer we will get used to saving and investing.

 

[Hate2Wait]

Thanks for sharing, I don't understand about Annuity Schemes, is it in the form of a deposit, only a deposit at the beginning of the transaction or a type of Term Savings that must be deposited every month in a fixed amount as well as a predetermined withdrawal time,

We need to deposit a big amount one time and can get monthly returns and that's why its quite popular

 

[Yohanna]

We need to deposit a big amount one time and can get monthly returns and that's why its quite popular

That's it! if you really want to enjoy this type of website, you will need to invest huge sum of money.

 

[Chibson]

It is true! Such kind of investment comes with very low amount of profit but if you can invest huge money then, you're going to make more profit.

Yeah, it is majorly people that have a lot of money that will be able to maximize profit from it. If you do not have a lot of money you may not be able to make reasonable profit.

 

[Hate2Wait]

The only problem with these schemes is we need to invest a bigger amount upfront