I have been using the ETF shop from the last 1 year and thus it has become my 2nd source of passive income, first is Hive always. So till now the returns are almost Rs 30K in last 1 year and I am constantly increasing my invested amount so that it will increase the passive income.
Recently I have also created the video on the same, that how I am using the ETF shop to do some enhancements. The video is in Hindi and hopefully people who wants to start the shop can actually the full process and start it if required.
So the enhancement I have done is that I have added Nifty top 10 stocks too in the list. The thing is ETF will not go to zero and that's why we invest in it and similarly the top 10 Nifty stocks will not go to zero so doing swing trading makes sense. And that's why I have chosen the top 10 stocks only.
The next enhancement is that profit trailing. If the stock is going up, I will continue to hold it until it starts to go down. For stocks I use 0.5% down, so if the stock is down by .5% I will sell it otherwise I will trail the profit. Next is I tend to buy some stocks which are fundamentally strong and might give me 6% profit in the near future. And I try to invest the same amount everyday and use the ETF stock for just monitoring that stock.
So the Google sheet has became my playground for all the stock related thing, so even if it is giving me less returns I am fine. I wanted to get to that place where I can generate good passive income every month and might br some day live with that passive income only.
