Everybody wants to know how to grow their money. Yung iba marahil, malalaki na yong kita nila sa trabaho. Yong iba naman, kabisado na nila and they have the skills in growing their money. But for most people, they’re still struggling. Ito rin ang dahilan kung bakit maraming nai-scam, dahil sa pangakong malaking return ng pera nila. Ang problema kase, we just tend to believe on what the other person is saying without proper knowledge to make a better decision. Kaya ang nangyayari, whatever that person say, ito rin ang iniisip nating tama.
In growing your money, huwag kang basta na lamang aasa sa ibang tao para gawin ito. Dapat alam mo rin kung anong ginagawa nila at kung saan dinadala ang pera mo. This will help minimizing the risk .
There are 3 places or avenues where you can grow your money. Of course hindi kasama don ang pera nyo sa baul kse hindi naman nagbabago ang value non overtime. Hindi ko na rin isasama ang bank, kase obviously with inflation eh kinakain nito whatever interest rate the bank is giving you.
BUSINESS. Mostly yata ng kilala nating mayaman eh yumaman thru business. Andyan sina Henry Sy, Gokongwei, Ayala, Pangilinan at iba pa. They’re very successful in their business career. A very good success stories that in business, you can really grow your money. If you have the guts to do business, do it. It’s one of the best way to grow your wealth.
Kaya lang, not all have a happy ending. Hindi rin madali ang mag-business. In fact, statistics shows that 90% of new businesses will fail from 1st to 5th year.
Oo nga naman, kung madali lang kumita sa business eh di sana businessman na tyong lahat. Di na sana tayo nagpapakaalipin at nangangamuhan.
REAL ESTATE. It can be thru rental properties or buy and sell ng mga properties. Even Robert Kiyosaki advocates in real estate investing sa mga books nya. Imagine may mga rental properties kang monthly nagbibigay sayo ng cashflow. The more the better. Keep on adding to your portfolio. It’s really a sure way of having a passive income.
Kaya lang, malaki mostly ang required capital. For sure, hindi kaya sa bulsa ng mga ordinaryong tao. Even banks will not grant loan to all people na gustong bumili ng real estate. In the end, not a option para sa nakakarami to grow their money.
While there are some people na talagang literally laway at pawis lang ang puhunan sa real estate, only few of them exists siguro.
PAPER ASSETS. These includes bonds, stocks, mutual funds, trust funds, and the like. These are some instruments to grow your money in the long run with far greater return compare sa bank. Most of the time, they beat the inflation. Anyway, most of these investments instruments objective are not just to beat the inflation but to grow the money as well.
The good thing with paper asset is that everyone can participate easily regardless of status. Yes, there are paper assets that require huge capital but not all of them. Tulad halimbawa ng mutual fund and stocks. Opening account is only P5K while ang additional investment naman is as low as P1K only. Are you surprise na ganyan lang pala sya kamura?
But then, the return is not guaranteed unlike your bank deposit. But hey, you are entrusting your money to big boys like the Sy, Ayala, Gokongwei, etc. Plus you are becoming share holders of big companies like SM, BDO, PLDT, etc. What do you think is you odd in growing your money with them?
There’s always risk in investing. That’s why we advocate long term investment, not a quick rich scheme. And statistic shows that the longer you keep your money invested, the less risk you will have. Kaya nga ideal ang investment para sa retirement mo or sa educational fund ng anak kung matagal pa naman ito.
In paper assets, TIME is your great ally due to its compounding effect on your money. Kaya kung kakasimula mo palang magtrabaho or nasa prime ka pa ng iyong carreer, start now. Wag mo nang hintayin bago ka dumating sa puntong magreretire na at saka pa lang maghahanap kung saan ilalagay ang pera. It’s already late by then.
Sad to say, this is the option that most of us don’t even bother venturing. Primary reason is lack of knowledge. Akala natin, pang mayaman lang lahat ng ito. Hindi pwede sa mga ordinaryong tao na kagaya natin. But these are all wrong. At kung hindi natin sya aalamin, walang way para ma-avail natin ito.
Aral muna bago invest. Hindi sapat na nabasa mo lang eh agad agad gusto mo na mag invest. Basa basa muna. Attend ng mga financial literacy talks at seminars.
Visit TGFI Financial Literacy Events calendar to check all our coming seminars and talks. It’s a good way to start growing your money. Invest in knowledge first.