My Alternate Investments Update – January’20

I got my Rs.2,500 return on my loan of Rs.2,00,000 as usual. No other major changes in my alternate investments this month.
Alternate investment updates for January 2020

In this year’s financial goal (yes I have one, you should make one too!), I have slotted an additional Rs.1,50,000 to be added under Alternate investments. Rs.1,00,000 the bulk of it will be added to the loan I have already with my family friend that is currently generating me 15% pa interest every month. The remaining to be put into alternate areas that I will have to identify.

January’20 all alternate investments

My Alternate Investments Update - January'20

The Rs.2,00,000 I had given out as loan continues to pay me Rs.2,500 per month. For this money, I earned Rs.2,500 in January’19?

In installation – Sun exchange

The solar cells I bought on Sun exchange are still under installation. They will start generating electricity and in turn generate passive income for me from Feb’19. Can’t wait! Meanwhile, I have received a few requests from my readers on how to get started with this. I haven’t been procrastinating on putting up my review of this great platform. I am actually waiting for my income to start getting generated and post that I will share the review with screenshots and all.

Caution and Paranoia

There is a lot of paranoia in the alternate investment space at the moment due to Kuetzal and a few other platforms going bust. Turns out they were possibly running scams. Please be cautious when investing your money anywhere. I am being cautious too. For one, I am not investing a lot in any given platform. Additionally, I do my due diligence to ensure that my money is safe and isn’t going to vanish.

My Alternate Investments as of December 2019:

My Alternate Investments Update - January'20

All updates for the month of December’19:

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Abhi

Abhi

Abhi is a 29 yr old Indian, on FIRE to retire by 40. He has been investing and learning Finance for the past 12 years. After completing Mechanical engineering, he started working in a multi-national Bank and grew to become an AVP. Currently with an IT MNC as a VP. He lives in Bangalore with his wife and their 1 year old daughter. In his free time, Abhi loves to game on the Xbox, watch movies, read and blog.

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