I have been using the ETF shop from the last 1.6 years and I have got around 9% annual returns. I know these might not be great returns but still it is better because it is giving me some money every month like a regular income. So if you don't know, the ETF Shop is like a shop where we will buy the ETF which has fallen the most and then sell it for 6% profit.
Now there is a new update where we will buy the ETF which is very near to its 52 week low and we will buy it because that ETF has fallen the most. And we will sell it with 6% profit. Now again the 6% is not fixed, we can change the percentage based on if the market is going down or going up. If it's going up we can sell it for 6% profit, if it's going down or we are in bear market then we can reduce the sell percent to 3.14%. In that way we can sell more ETFs.
Other thing which I have found out that we will buy only if the ETF has gone up in that day because in that way there will be less ETF to buy and we will not be spending more from our pocket. Next we will sell only if starts to go down this is again because we want to ride the upward movement of the ETF and thus try to sell it at higher percentage.
I have got around 62K in last 1.5 years and in that after removing the taxes, I have got around 44K profit which is also a good profit because it is coming regularly. Now I am reinvesting that profit because I want to get more profit in the future otherwise we can use that profit in our day to day life.
Any shop will have the items of around 10 lakhs to 20 lakhs, small shop and they will be getting around 10K to 15K profit. Now we can also generate this much money monthly using this method and that's why it is called the ETF shop or ETF ki Dukan.
