I am a kind of person who has a craze for style. I do not buy second hand things as only new should be a part of my collection. With that in mind I fell in love with a bike. You see that below. That’s my handsome hunk, “The UM Renegade sports S”.
Image source: UM
This is a 279CC cruiser. Equipped with utilitarian features like
- USB charging port,
- Service alert system,
- Blind spot mirrors,
- 360-degree LED light system
- Anti-flat system for the tubeless tyres
UM is a good value for money proposition. The company also offers a host of optional accessories like saddlebags for those wishing to take their motorcycles touring.
After seeing the positives I started looking for the negatives. I picked up all the 1 stars from the reviews and watched lots of videos. A couple of points caught my attention. They are:
- Engine is getting hot after a long drive.
- Less number of showrooms which makes it difficult to repair the bike.
There were a few other points but not as repetitive as the above.
I have finished my research. I have visited the showroom almost 10 times. Finally I was feeling so embarrassed especially looking at the curious salesman that I decided to buy a helmet. Can’t complain, at least I am buying something!
By now you must be thinking why I haven’t bought the bike because my salary can very well cover an instalment of Rs 5000 per month. The reason is that, a job in a private company is not safe these days especially with AI creeping in. I am scared that if I lose my job then my bike will be taken way!
So I came up with an idea. You see I am a trader in stocks and commodities market. With a capital of 50,000 I can earn Rs5000 on an average every month. A few months here and there of no earnings can be covered by my salary in the worst case. But 90% of the EMI can be covered by my income from trading.
I have selected a few trending stocks and commodities. If you want to pay your EMIs from an extra income like me then you can look at these. Look at the trend and then do your own analysis. I do technical analysis for myself.
- Maruti Suzuki India Ltd.
- State Bank of India Ltd.
Image source: Pixabay