Quote from: Creeper0 on May 29, 2025, 08:26:37 AM

One of the basic tools of investment is the source of income. In this case, the source of income is divided into two parts that we need, one is the source of discretionary income. There is no alternative to the source of discretionary income in the field of investment. If you want to invest, you must have a source of discretionary income.

I find it convenient to have an alternative source of income outside our main source of income to strengthen the source of discretionary income. This basically helps you earn extra money and makes your investment plan easier. For some people, investment planning with a main source of income is a bit difficult and they have to struggle to choose the money to invest. In such a situation, if they can find an alternative source of income, then maybe they will not have to struggle for the money to invest. They will be able to make consistent investments with alternative income very easily and they will not have to make too many sacrifices to meet their daily needs.

Yes, every investor should have an alternative source of income. Because if he loses his main investment, he can start investing again. And not only an alternative source of income but also an emergency fund should be kept. But if he has an alternative source of income, then he is able to hold on to his investment more tightly. From an alternative source of income, he can increase his investment and also meet his needs. And if he wants to maintain his holding, an alternative source of income is definitely necessary.

Investors should have an alternative source of income before starting investing. This way, he will be able to run his life normally if his investment ever fails.