The end of 2022 is almost nearing. Do you want to enter the world of investment but you don’t know where to start? Many of us Filipinos think that working is the only way to get money. Either you receive payment for your services, or you run your own business and make money.
Well, what we’re talking about here is investment. This involves investing your money to increase its value. An asset or item is considered an investment if it is bought with the expectation that it may one day produce income or increase in value. There are two things to keep in mind in light of this investing concept which are time and appreciation.
Even though it’s true that money doesn’t grow on trees, if you know how to invest your money correctly, it will surely gain profitable return. To start your investing career this 2022, we have compiled 5 fundamental investments for beginners in the Philippines.
Perhaps, some already have an idea about real estate but the dilemma is that you don’t have at least 100k or 1m to buy real estate. But what if you can actually make an investment for 10k or less through Real Estate Investment Trusts (REITs)? This will probably be in demand next year as many would want to enter real estate. The cons here is: first, you can earn by buying shares or stocks from REIT companies. Basically, they are renting their commercial properties which will earn you dividends annually. Second, you will earn if their REIT shares appreciate. Third, there’s no rental, no paperworks, no high amount of capital, and no maintenance.
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