Passive Income Through Real Estate vs. Goal-Based Financial Planning Through Mutual Funds
Investing is a crucial component of wealth creation, and real estate has long been considered a reliable avenue for generating passive income. However, when compared to goal-based financial planning through mutual funds, investing in multiple real estate properties often comes with limitations that hinder financial flexibility and long-term wealth optimization. Here's why goal-based financial planning emerges as the superior approach. Real Estate vs. Goal-Based Financial Planning Capital Efficiency : Real estate investments require substantial upfront capital and involve ongoing costs for maintenance, taxes, and property management, locking away funds for long periods. In contrast, mutual funds are accessible with small amounts, and Systematic Investment Plans (SIPs) encourage disciplined savings without a large initial outlay. Liquidity : Selling a property to access funds is a time-consuming process. Financial emergencies demand quick a...