Where Should You Invest?
This is the common question of those who are new to investment—where should I invest? Should I put money in stocks? Should I choose bonds? Should I buy properties? Should I consider commodities? You can’t answer the questions if you are not aware of every portfolio available in the market. So to know the right investment for you, make sure to invest in your knowledge first. Having a background of what you are about to enter into will help you a lot in the future. If you are an OFW and you are looking for an account where you can put your money, this blog is for you.
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 Taiwan – February 15, 2020
Stock Smarts Manila: March 14, 15, 21, 22 & 28, 2020
Stock Smarts Singapore: May 16 – 17, 2020
Stock Smarts New Zealand: June 6 – 7, 2020
Stock Smarts London: April 18 – 19, 2020
Property Investments
I’ve met a lot of OFWs from around the world investing in properties. It seems like real estate works for them better than other investment portfolios. You can try this as well if you have enough funds in your savings. Property investments are more expensive than others, always remember that. Whether you are only planning to buy a land, house and lot, apartment buildings, or condo units, you need a significant amount of money for the down payment and monthly amortization. If you can afford it, go for it.
Stocks Investments
Stocks are good types too provided you know how to play the game. I go to different countries to educate OFWs on how to invest in stocks and how to manage their accounts. I believe this helps as there is no need to go home to the Philippines just to start learning about stocks. Your educational resources are coming to you already. So, in case you are looking for a good way to use your money, put it in stocks. Be patient to learn how to play the stock market. The more you know about things, the more you can plan things ahead.
Build Businesses
Farms, restaurants, laundry shops, barbershops, cafes—name it. If you have enough money, you can build your own business that serves as an investment. Some OFWs do business in foreign countries while some choose to do it here in the Philippines. This is an ideal business especially to OFWs who want full control over it. Know the demands in the market and turn your knowledge into a profitable enterprise. Don’t just settle for being a plain OFW. Discover more ways on how you can earn. Plan your finances ahead while you are looking for good investment types this year. It’s not too late. As early as now, do what you have to do and use your money wisely.
