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How do i invest my money???? and what should i invest here in the philippines?? |
I'm only a 13 year old kid with 5,000 and above pesos worth of money. so what should i invest??? 5000 PH pesos is equivalent to 100 US dollar. You could start out by investing what you have.......then dollar cost averaging. |
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Since you have a long time horizon, I would either buy a small company with good prospects for the future, or buy a mutual fund that invests in micro/small caps for aggressive growth. Some ideas... why don't you send me $10,000 and change my life? ...To be honest, that's really not enough money to do anything with. You would get killed by brokerage fees on just about anything you might try. You could try gambling, if you don't min... That all depends upon your current financial situation. If you are heavily in debt, by all means pay off the debt first, then invest what you have left over, if anything. If you have little or no d... Easy. Buy assets. It's that simple. Learn what an asset REALLY is and then find ways to take the money you have and use it to buy assets and NOT liabilities. A house that you use for livin... Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out. ... A lot depends on other personal financial factors, e.g., level of risk you are comfortable with, previous experience selecting your own investments, your age, do you have 6 months living expenses i... Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks as individual stocks are too ri... |
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