Tips on How You Can Make Your Money Work For You - Marvin Germo

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Tips on How You Can Make Your Money Work For You

By: Marvin Germo | February 20, 2021

Do you want to earn passive income? Do you want your money to work for you? Are you planning to quit your day job soon? If you do, then you need to learn how your money can work passively. There are many ways to earn passively but I can say that the most effective is investing it somewhere. You can leave your money in your investment account for years and you will see it grow massively.

I get lots of questions about investing money on a regular basis. Today, I will share with you some of the strategies to make passive income, which for me are effective. I’ve seen people do these strategies and at the end of the game, they earn a good amount of profits. Before you quit your job, here are the ways you can make your money work for you.

Establish your own business

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.

Stock Smarts Zoom Technical Analysis 

Buy properties

You can also put your money in real estate if you want to make passive income. Properties are good investments. They are stable, low-risk, and they provide high returns. If you are a conservative investor and you don’t want to put your money at risk, buying properties is a good alternative. After buying properties, you can rent them out. Some condo or house and lot owners put their properties for rent so they can earn fixed monthly income. There are also some property owners who choose capital appreciation. This means that you will wait for some time before you can sell them.

Put your money in stocks

And who wouldn’t think about stocks at this point? If you’ve been reading updates about PSEI and the US stock market, you will be interested to buy more stocks today. There are stocks that keep on dipping due to the current pandemic as of this writing. But after the economy rises again, you will see a big difference in the price and if you buy on the dip, you will benefit when the price rises again. Make sure that you study first how the stock market works before you invest.

Take the risk

If you really want to make your money work for you, take the risk. You can’t profit, double, or multiply your money if you keep it in a bank. It’s better to take the risk of running a business, buying a property, or investing in stocks. There’s always a risk no matter what investment you choose. But always remember this—taking the risk is what will get you far. To invest in Bitcoin, click this.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders