There are some people who consider investment as a way of life. They strive to earn more so they can invest more, to improve their income or for future use.
Some allocate a portion of their monthly salary to their bank savings, others buy real estate properties (ei house and lot, memorial lots, condominium units), there are also those who invest in stocks, gold and other products of which value may grow overtime. Tough times have taught people, especially in the Philippines, to save up for the rainy days that even the young adults here are making investing a habit. They buy insurance policies, mutual funds, digital coins, and memorial lots at their very young age. Smart move, as when you save young, investment products usually come cheap. You save and gain the moment you signed up. But how safe it is to invest in just anywhere and any product? Continue reading to know the important signs to prevent investment scams.
The company must be doing business for years. Before you entrust your money to a financial institution, for example, you should check if they are not fly-by-night firms that after you have put in your hard-earned cash, they’re, poof, gone! All companies start new, they build their reputation before they get to be called “reputable”, “the first”, and other titles that solidify their legitimacy; but putting your money to newbies that you are not yet sure if they stay or not is like gambling. If you are investing in real estate, for example, go for a developer that has been in the business for many years like Celestial Meadows Developers Corporation. It has been in the industry for 21 years with five memorial gardens in its name. That’s one of the brands that does not run away with your money.
Physical office. At this age of the internet, we like to make business on Facebook, emails, Viber. But when we invest, especially on real estate, we must check if the developer where are putting our money in has a physical office. This way we know where to go if we have complaints, we know who are the people behind the company. Celestial Meadows Developers Corporation has put up an office in each of its locations: one in Moalboal, one in Toledo City, one in Compostela, one in Minglanilla and one at the Cebu Business Park in Cebu City as its central office. This allows the clients to do business with the company wherever they are in Cebu.
Testimonials. If you are eyeing to invest in that particular company, you ask friends who know them or read testimonies and reviews online. Do not hastily put your money to a company you do not know. Those who have already transacted with them can tell better. You go to the company’s Facebook page or website, and read the reviews left by their clients. If the reviews are mainly good, then it is a good start.
Returns. All promise to give you better, but who really does will be known later on. Will you just pray tell and wait? You must not. A quick search online can lead you to answers. If you want to double your money with little effort from your end and with minimal risk, the real estate industry is your best candidate. Stocks, cryptocurrency may give you high yields, but they are also exposed to scams and liquidation. Today you may earn double, the following day you can lose your earning and your capital. That’s just how it works. Now if you are a safe investor, you go for savings, at the bank. However, you will earn very little from it. That’s not even called investment. But if you want to double or even triple your money, go for real estate. Houses and lots, condominium units, lot properties and memorial lots – these are top choices for you to gain more. You buy real estate products cheap; you can resell them with double the original price five years later. If you’re wondering why real estate products, even memorial lots, are selling like hotcakes, it is because there are several investors who are buying them the money they are available, not for their personal use, but for investment.
Now that you know, you can start investing that hard-earned money and wait for it to grow. For safe and high-yield investment deals, visit celestialmeadows.net.