Where to invest?
By oiixdaii
@oiixdaii (1059)
Philippines
1 response
@underdogtoo (9579)
• Philippines
12 Sep 08
The easiest thing to do would be to put your money in a time deposit while you figure out what to do with it. It will earn some money but it will not protect you from inflation if you put it there for a long time. The thing to do would be to do research and find out all you can about any business, preferable would be something with a small startup capital (e.g.Php100 Grand). It is very easy to lose money. All you have to do is listen to those people who promise you quick profits. Send me a private message if you want ideas.
1 person likes this
@oiixdaii (1059)
• Philippines
12 Sep 08
I think you're right. While I am thinking of what to do with my Php 100,000.00 the best thing to do is to time deposit it. At least it will earn more interest compared to depositing it as savings. By the way, could you put your ideas here so that others could also benefit from it.
Thank you.
Thank you.1 person likes this
@underdogtoo (9579)
• Philippines
12 Sep 08
I have a number of ideas involving investments in the multiples of millions of pesos. I also have some which don't cost as much but I am not looking for a partner; this involves using my skills in internet programming. Currently I have a small experimental farm with lakatan bananas, a number of cattle and some goats. My intermediate goal is to produce a 40-footer of bananas for sale to Manila on a weekly basis. According to my estimates I would need around 60 hectares to do this. Should I succeed in doing this I would go for the export market involving maybe 100 40-footers per week scaling up to 6,000 hectares.
1 person likes this
@oiixdaii (1059)
• Philippines
12 Sep 08
Wow, I think your investments needs a lot of money which I don't have and I think that kind of investment would require a lot of time which I couldn't commit because I have a 9-6 job. I hope you become successful in your investments and thank you for sharing.
