Hello everybody!
I’ve decided to post here and ask for feedback about my idea before I jump into the deep waters. Basically, here is my idea: I would like to purchase some shares on the stock exchange. So, they would generate some extra income. Indeed, I wanna buy those shares that would be able to cover my monthly mortgage expenses. Do you think it’s possible? I mean possible for people with an average income, like I have, but not for billionaires.
I started to think of other ways to make some money in other ways except relying only on my salary. I hoped that my boss would offer me a raise. But, after several attempts of bugging him to pay me a bit more and improve my work performance, I still heard no — I gave up.
Still, even though I am far away from financial independence, I feel some negative changes. Everything becomes more and more expensive every single day. I’m sure that my salary will soon be worth nothing. I cannot buy all things that I really want now. Besides, I’m afraid I will fall into the world of credit and borrowing. Well, except for my mortgage. But, many people cannot afford to have a roof over their heads without applying for a mortgage. So, the mortgage is an exception for me.
My dad always taught me never to borrow money because you’ll never know what awaits you. I always stick to his advice, except for the mortgage. And now I regret that I took a mortgage in times of uncertainty. So, I need to get out of this hole. I got myself and my family into it.
Having studied different options, I came to the conclusion that investing in the stock exchange is more or less reasonable. Investing in crypto in those uncertain times is too risky. Investing in gold has a low ROI. No worries, I’ve read about this online. Now, I’m studying Handelex reviews and thinking that trading shares and investing in the stock exchange are something that I need. Still, I’d like to hear some feedback from anyone who has had experience in this. Is it possible to repay a mortgage on the income generated from trading shares and investing in stocks?
Is there anything you could suggest?
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