I decided to write about investment because this is where most of us expatriates are lacking. I have many friends and acquaintances who went home for good but still poor. The purpose of going abroad and be away for a long time from our family has failed! Those sacrifices and homesickness that we endured for long time should not be wasted by ignoring investment.
I think we just need to study investment and invest money so that we have enough money when we retire.
There are many ways to invest our hard earn money while we are still away from our family, with the time where we can do business online by using internet, we can invest too while working abroad.
Here are some investments aside from real estate:
Mutual Funds- This investment are good for people who are too busy monitoring and studying stock market. This investment is not too risky compared to stock since it is composed of many stocks. When one of the stocks of the mutual fund is down, still the others are not so the average is not affected well. I have tried this kind of investment and I observed that my money is doubled every four to five years. If you want to learn more about mutual fund, you can make a research in the internet. There are many articles about it and where to invest. By the way this investment has three types of investment: bond investment, bond and equity or balanced- fund and the aggressive which is purely equity investment but with higher returns.
Stock Market - This investment is where you buy a share of a company. This means that you become a co-owner of the company. First of all you have to study the company, its assets, plan and who owns it. Familiarize yourself about the totality of the company because you are buying part of the company. Why would you buy or co-own a company which are not familiar? As the share price of the company goes up, your money increase too but remember there are times that the economy is not good or there is a recession your share will also be affected and it may go down. Stock is riskier but with good return compared to mutual fund so it is up to you to decide but historically stock is still a good investment, it is a long term investment.
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