Many people want to be rich but only a few are willing to do what it takes to become one. If you are one of these people who are aiming to have extra cash other than what you are getting as an employee, this article will show you how you can invest your money when you are Cebu. Regardless of whether you are a local or an expat, you can do the tricks and grow your money within a specific span of time.
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Cebu is a great place to be. Aside from being rich in natural resources, this province is an emerging market for investors as well. Businesses are starting to emerge and people are starting to have a better outlook of the investment industry. if you’re wondering if it’s possible to invest in Cebu, this article will guide you through the process and introduce to you the things you should be aware of when starting to invest.
Tips for Investing in Cebu
The answer to this question would depend on the type of investment you want to invest in. These are the following investment types available for you:
- Stocks
- Mutual Fund
- UITF
- Bonds
- Own Business
There are online platforms that you can use if you want to invest in the most convenient way. For instance, if you want to invest in stocks while you are in Cebu, is it recommended that you open your account in COL Financial. Here’s their office information:
COL Investor Center – Cebu
Unit B205 Axis Entertainment Ave. Vibo Place, N. Escario St. Cebu City
Mon – Fri, from 8:30 AM to 5:30 PM
colcebu@colfinancial.com
(+6332) 261-8601
(+6332) 261-8615
(+6332) 261-8624
Col Financial is also offering another portfolio like Mutual Funds. If you are not confident with your knowledge about stocks, you can invest in Mutual Funds instead.
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Invest what you can lose.
- You should invest only the amount you are willing to lose. If you are just starting out, it is better if you start with a small amount of money. Don’t put all your cash if you don’t have enough knowledge about your investment.
Invest in legitimate investments only.
- Avoid getting scammed by investing in legit investments only. You will see a lot of investment types spreading out on the internet, promising higher return in just a short period of time. Don’t fall for these types as not all of them are true.
Invest in knowledge first.
- Before you enter into something new, make sure that you have a foundation of knowledge you can use during your start-up period. Keep in mind that you should be willing to learn continuously because investing is not a one-time action. You have to learn and study each time.
The good thing about investing in Cebu is that it is convenient especially if you do it online. The COL Financial platform can help you monitor your investment even if you’re not physically present in their office. You can start investing while you are in Cebu and you can still watch out for it even if you travel abroad.
