Good Time For Investing ?

Indonesia
July 7, 2020 4:22am CST
Due to the pandemic and stuffs, I think the economic is getting unstable or something. A lot of stuffs have higher price than usual, work is kind of stopped here and there. I suddenly think about investing. Do you have some investation, like passive income or something ? And what is your suggestion for investation these days ? I personally came up with investing on gold, From what I saw the price of gold is always going up year by year
10 people like this
14 responses
@birjudanak (14319)
• India
7 Jul 20
I invested in mutual fund and stock exchange because currently it were at low before and once this virus issue will solve, it will rapid increase.
4 people like this
@birjudanak (14319)
• India
7 Jul 20
@Lavanya15 Yes because i don't think this opportunity will come again as it was before in 2007. If they go down 20 % which was below then limit which means it will definitely recover 10% for sure. Yes and most important thing is to invest in right place and with right share.
1 person likes this
@Lavanya15 (12888)
• Chennai, India
7 Jul 20
Yes I agree with you. On investing in stock exchanges we need experience to choose correct decisions. You have good experience hear my friend.
1 person likes this
• Indonesia
7 Jul 20
Invest at Stock Exchange surely needs some knowledge about it
1 person likes this
@Tierkreisze (1609)
• Philippines
7 Jul 20
I wouldn't recommend investing around this time, since companies and businesses could go bankrupt well before we get a vaccine. Although if it were possible, maybe try investing in the medical industry? And most prices will go back to normal when the pandemic ends, so you would be wasting your money if you hope that it could get higher. And as for gold, it's a good investment if you're willing to store it for a long time.
2 people like this
@Lavanya15 (12888)
• Chennai, India
7 Jul 20
Yes gold is good investment. On comparing three months before and current rate it changes nearly 30% up lol. But investing in gold we need huge money for decent profits.
2 people like this
• Indonesia
7 Jul 20
So gold is suitable for a long term investation right. And about investing on medical industry, what is the example ? I still have no knowledge about it
1 person likes this
@Young_boy (1055)
• Bekasi, Indonesia
7 Jul 20
I agree. If we want to invest for gold its good for long term invest maybe abouy 10 years
2 people like this
@louievill (28851)
• Philippines
7 Jul 20
I think it's always wise to keep precious metals in your investment portfolio ( remember to always keep it diversified) to serve as hedge or added protection incase of a recession or depression, pandemic or no pandemic I think people should keep some if they could afford it.
2 people like this
@louievill (28851)
• Philippines
7 Jul 20
@Suhendra7 you can add silver, it's not heavy on the pocket and affordable for those with little to invest. Some also add platinum to their portfolio. Diamond is a precious stone or gem, you would need more money to invest in them. Another good thing to add to invest in for me is cryptocurrency.
1 person likes this
• Indonesia
7 Jul 20
oh yeah now that you speak precious metals, what is the common metals other than gold? maybe is it diamond or something? Gold is the only metal that pops on my mind when thinking about it
1 person likes this
• Indonesia
7 Jul 20
@louievill Oh yeah silver and platinum ! Its exist here too but not too common / mainstream in here
1 person likes this
@DianneN (246849)
• United States
8 Jul 20
I let our financial advisor handle our investments. We did clear out a couple, but the rest are doing fine.
1 person likes this
@DianneN (246849)
• United States
8 Jul 20
@Suhendra7 Just be careful when you enter the market and know what you are doing.
1 person likes this
• Indonesia
8 Jul 20
Oh it must be nice to have financial advisor. I still not too often hear about it so I have no idea what they do spesifically
1 person likes this
• Indonesia
8 Jul 20
@DianneN Yes, one mistake can be costly. Thanks for thewarning
1 person likes this
@Adie04 (17360)
7 Jul 20
I don't have enough knowledge to do one.
1 person likes this
@Adie04 (17360)
7 Jul 20
@fahmita_ @Suhendra7 best of luck to you two then. I no fan of gold.
2 people like this
@fahmita_ (2255)
• Indonesia
7 Jul 20
@Suhendra7 I think so, it's safe and easy if you buy golds as an investment for along time.
• Indonesia
7 Jul 20
its a random thought based on my friends experience that buy golds as an invesment
1 person likes this
@vladislav (411)
• Indonesia
7 Jul 20
yes, i am agree with you. i just watched the news about that ! how long have you invested on gold ?
2 people like this
• Indonesia
7 Jul 20
Im planned to buy just few gram only, my friends and brothers is starting to buy those for a long term investation
• Indonesia
7 Jul 20
@Suhendra7 ah i see... yes, my parents also think it's good for long term investments.. i think i should start it too
1 person likes this
• Indonesia
7 Jul 20
@vladislav Yes the good side from it, when u buy it and forget about it, 2 or 3 years later you remember you will be happy because the price is so different ( Based on experience )
@LadyDuck (458091)
• Switzerland
7 Jul 20
Precious metals are a good investment if you do not need a regular income, you sell only when the price goes up.
1 person likes this
@LadyDuck (458091)
• Switzerland
7 Jul 20
@Suhendra7 It is important not to buy when it is too high, gold price also goes back.
1 person likes this
• Indonesia
7 Jul 20
Yes so its like for a long term investment right, maybe buy 1 or 2 of those is nice
1 person likes this
@just4him (306239)
• Green Bay, Wisconsin
7 Jul 20
I hope you have success with your investments. I don't have any investments.
1 person likes this
@just4him (306239)
• Green Bay, Wisconsin
7 Jul 20
@Suhendra7 I hope you do.
1 person likes this
• Indonesia
7 Jul 20
Thank you very much ! I still trying and decided whats the best though
1 person likes this
• Agra, India
7 Jul 20
No...just my gives deposits
1 person likes this
• Agra, India
7 Jul 20
@Suhendra7 a guaranteed return every year
• Indonesia
7 Jul 20
deposit is when you put money at the bank and wait for months for the income right?
1 person likes this
@nawala123 (20852)
• Indonesia
7 Jul 20
I think gold is not investment
1 person likes this
• Indonesia
7 Jul 20
Ohh why is that? maybe its because of long term for the price to increase ?
• Bosnia And Herzegovina
7 Jul 20
i haven't thought about it. if you think that you should do that, then do it
1 person likes this
• Bosnia And Herzegovina
7 Jul 20
@Suhendra7 hmm well maybe i will invest in my library and closet a bit
• Indonesia
7 Jul 20
Yep maybe I should. So...no investing?Or did u have some things that people usually do on the TV, like investing on expensive woman stuffs,bag or someting, they say it have a higher resale value
• Indonesia
7 Jul 20
@aureategloom Hmm good point there
@Lavanya15 (12888)
• Chennai, India
7 Jul 20
No idea about it my friend. I don't have any investments now.
1 person likes this
• Indonesia
7 Jul 20
Its okay though, I just got this random thought based on my friend's experience
@Young_boy (1055)
• Bekasi, Indonesia
7 Jul 20
Because of this pandemic i prefer for saving my money than invest it. Because the situation is not normal, and maybe we will need more money for family.
1 person likes this
• Indonesia
7 Jul 20
Yes you got a point. Primary needs surely comes first. If theres a family that we need to take care of, we better spend on them
1 person likes this
@Young_boy (1055)
• Bekasi, Indonesia
7 Jul 20
In other word, i dont suggest to invest nowadays
1 person likes this