Now that you’re thinking about investing, it’s actually a good start to achieve your financial freedom at a young age. People who have the right mindset and look forward to success are always better than those who think that life is just about survival of the fittest. The result of your hustle depends on how you perceive the game of life. In this situation wherein you want to start investing and are stuck between stocks and real estate, what’s the best option if you’re new to the game? What should be your basis to choose the right portfolio for you?
Catch me in my live training events! (quick plug)
The heart of why I do this 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 on how you could time the market checkout the trainings below.
Stock Smarts Cebu — April 6 & 7, 2019
Investing Insights Japan – April 13, 2019
Stock Smarts Singapore — May 18 & 19, 2019
Investment Conference 2019 – May 25, 2019
Stock Smarts Manila — June 15, 16, 22, 23, & 29, 2019
Stock Smarts Iloilo – July 6 & 7, 2019
Stock Smarts Cagayan De Oro – July 20 & 21, 2019
Stock Smarts Hong Kong – August 11, 2019
Stock Smarts UAE – August 30 – September 3, 2019
Stock Smarts Qatar — October 3 – 6, 2019
Stock Smarts Taiwan – November 2, 2019
As I always say to existing and new investors, financial knowledge is one of the best investments you could ever build. If you’re new to the market and don’t know anything about any kind of portfolio yet, you better start your learning so you can choose the better investment type for you. When choosing between stock and real estate, it depends on how well you can play the game. Keep in mind that stocks are more volatile and will have more upward and downward swings, meaning you can lose all your money if you don’t have the right strategies and knowledge for it. As for real estate, you also have to be well aware of the pricing in the industry so you can get the best deals and make your own formula for higher returns. Either of the two, you have to start indulging yourself with useful information.
Stocks or Real Estate? It depends on your goal. Both portfolios are good for the long haul but these two can give you different rate of returns. If you choose stocks, you will find yourself stuck between choosing to trade or invest. Trading stocks will require you to create a trading plan based on both technicals and fundamentals to help you decide when to buy or sell your stocks. Reading books and attending seminars are a big help to expand your knowledge. Meanwhile for stock investing, choosing the right company that you think will perform well in the future is the most significant move. Just remember to fund your investment regularly until you reach your target.
If you think real estate investment fits you more, just make sure you have the right negotiation skills. It’s true that you won’t be needing this skills when you invest in stocks because it’s all about the technical side of the market. Negotiating about the prices with your seller and buyer, the location, and the terms is necessary in real estate. If you’re aware of the current standing of the real estate industry, you’re going to make a good deal out of your negotiation skills. Again, the key is to learn and expand the knowledge you have.