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How I Spend Stock Market Profit ? is one of the most frequently asked queries on our YouTube channel. Also, the members asked me about my returns from the stock market. The stock market returns depends on the market. In the trending share market you can easily generate 50% – 100% return annually whereas, in a sideways market, the returns are lower i.e. around 25%.
I Spend Stock Market Profit under following heads
1. Salary: I pull around 15% profit as my salary from the stock market profit.
2. Increase the Portfolio Size: The 30% income or profit is used to increase the overall portfolio size. It is important to grow the portfolio size.
3. 15% profit is spent to increase my knowledge i.e. towards learning. I believe that books are your best friends. I have also subscribed to some of the paid reports, magazines, newspaper and research reports.
4. Operating Expenses: I spend approx 10% towards the operating expenses i.e. payment to freelancers, software subscriptions, YouTube videos, etc.
5. 20% of stock market profit is invested in alternative investment options like Gold, Property, FD, etc.
6. I prefer to donate balance 10% to a needy person or organizations helping needy people.