Rs 50 Lakh Suv Or 20 E Rickshaws Ca Says One Could Earn Up To Rs 1 2 Lakh A Month
Economic Times
A Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with investing in 20 electric rickshaws.
He argues that while an SUV is a depreciating asset, the e-rickshaws can generate a net monthly income of Rs 80,000 to Rs 1.2 lakh, highlighting the difference between appearing wealthy and truly building it through income-generating assets.
Listen to this article in summarized format
‘You don’t need to be rich to start investing’: CA shares the mindset to become rich
Gen Z employee ignores 20 calls of boss at 2 AM after server crash. Her reply stuns the furious boss
Trying to look rich at 30? CA points out a habit which could keep you middle class for life
(Catch all the Business News, Breaking News, and Latest News Updates on The Economic Times.)
Why deficit rain hits fertiliser, pesticide and seed companies at different speeds
How data-fogged MCA annual report fails to mirror India Inc’s health
NSE, Jio mega IPOs: Why size doesn’t matter, valuations do
What will the NSE IPO price be? Unlisted market deals offer clues.
Akasa aims to be a 226-aircraft airline by 2032, IPO in 2-4 years
15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
Get daily trade ideas from SEBI-registered research analysts.
Grow your wealth with stock ideas & sectoral trends.
All-in-one stock research with Stock Score, peer comparison & key signals.
Get to know where the market bulls are investing to identify the right stocks.
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
Read the PDF version of ET newspaper. Download & access it offline anytime.
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Manage your money efficiently with this weekly money management guide.
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Explore the In-depth explanation of complex topics for everyday life decisions.
Get fitter with daily health insights committed to your well-being.
Manage your wealth better with in-depth insights & updates on finance.
Stay globally informed with exclusive story from New York Times.
Stream new documentaries from all across the world every day.