How to Double Your Revenue: Guide to Grow Your Investment Portfolio

Are you looking for strategies to double your revenue? Although it may look like a difficult task, you can achieve this with the appropriate approach and hard work. In this blog, we will discuss a few effective strategies to double your money.

While there are various ways to double your money, the right approach depends on your investment term, risk tolerance, and total amount invested. A balanced portfolio can help you build your money, even though it could seem like a difficult undertaking. Here are a few easy ways to double your revenue in your investment portfolio:

1.      Earn Profit through Interest Cycles

One of the easiest ways to double your investment is to go with this option, with the least amount of risk. To forecast the interest rate cycle, all you have to do is look at the statements made by the finance minister and the governor of the RBI. The RBI website’s bi-monthly policy statement and the minutes of the Monetary Policy Committee are the two most significant documents. You can easily earn a 15% to 18% return after you have a good understanding of the interest rate cycle. The simple reasoning is that short-term debt mutual funds provide better returns when interest rates are rising.  Conversely, long-term debt mutual funds provide strong returns when interest rates are declining.

2.  Risk-Free Equity Investments

You might be out of the market half the time if you use this method, but you can make at least 25% of your money in the other half. You can invest in liquid funds to earn an annual return of about 8% during a bad market. Consequently, the net annual return may range from 14% to 15%. The timing of the investment portfolio plays a major role in this situation. When the market overheats (FIIs turn net sellers, P/E>24, and P/B>4.5), you sell, and when it cools, you reenter. FII should be net buyers, which is crucial.

 3.  Buying and Selling Auction Properties

When you cannot think of doubling your revenue through conventional means, consider turning towards an unconventional investment portfolio. If you can find a bank auction property, you can easily ensure a minimum 20% return within 6 months. No doubt, it is a high-risk path, but if you can contact a good lawyer or law firm that can support you through the process and with the title certificate, then you can win. As the number of NPS is going high rapidly, banks wish to clear their balance sheets soon. Hence, you can easily explore a wide range of properties up for bank auction. Besides, as we are moving towards jobless growth, therefore, the supply will never dry up. To successfully double in your portfolio, the key mantra is to have patience while dealing with such properties. Try to get some experience for better deals and plan to buy the property only after 2-3 failed auctions. Because banks reduce the auction price with every failed auction.

These were some easy but effective ways to double your revenue. Next, we will check the major factors to keep in mind during investment.

Don’t Miss These Points While Investing

• Establishing Your Financial Goals: Selecting the appropriate investment strategy is supported by knowing what you are saving for, whether it’s retirement, a down payment on a home, or a short-term objective.
• Understand Your Risk-Taking Capacity: Think about how at ease you are with the prospect of losing money. While higher-risk options may offer faster growth but carry a higher risk of loss, lower-risk investments typically grow slowly but steadily.
• Taking Your Investment Time Horizon into Account: It concerns how long you can keep your money invested. While shorter time horizons require more cautious decisions, longer time horizons enable you to ride out market ups and downs and profit from compounding profits.
• Enhance Your Investment Knowledge: You will be able to make wiser choices if you have a strong understanding of the various investment possibilities, their risks, and possible rewards.
• Add Variety to Your Portfolio: Instead of investing in a single plan, think of investing across a variety of asset types, which lowers risk and evens out possible losses.
• Evaluating Your Needs for Liquidity: Consider the speed at which you would require access to your funds. Your ability to take money out when you need it may be impacted by certain investments’ lock-in periods or lower liquidity.
• Get Plans Based on Your Life Stage: Your investment decisions are influenced by your age and financial status. While investors nearing retirement focus on capital preservation, younger investors are frequently able to take on greater risk.