Own the businesses of products you consume

Own the businesses of products you consume

Investing into stocks for dividend income was one of the passive income sources. In similar manner own the businesses that produces the products that you consume in your daily routine. This actually brings confidence to be invested. For example – Say your grocery bill always has a couple of maggi packets in it. You regularly buy Good Day biscuits for your kids at home. You use Dove soap.

You know the reason why you are consuming these products and can relate to similar usage pattern among other users. So, it will bring confidence in you that this product is going to stay for long. In such a condition if you have a few shares of the companies that produce these products like Britannia for Good Day, Nestle for Maggi, Hindustan Lever for Dove soap.

For every purchase you make, you get a small portion of the money spent as your profits because you are a part owner of this company. And as you see more and more people in the stores consuming these products while you are doing your purchases, you really feel very proud that your business is growing.

Many such regular products of consumption which are available in the markets for users to own them. A few among the list would be TITAN, BATA, MARUTI, BAJAJ AUTO, ITC, DABUR, NESTLE, GLAXO etc.,

So the next time you buy a product that you have been consuming for a long time, turn the packet to find the company which is manufacturing it, find if the company has listed its stock. Along with spending on your consumption purchases, also spend some amount to buy a few shares of the company.

Believe me, after you have a good number of companies in your investment kitty, while you walk on a busy street, you will be trilled that you own many of those businesses. As you see people buying products of your company, your pocket is getting filled with money.

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Ramesh Sigamani

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