What Goes Around Comes Around

Opinion piece by:
Dawn Untalan
Bangko Pangasinan – A Rural Bank, Inc.

The negative connotation of this phrase means what you give out, you will get back either the same or more in equal doses a.k.a “karma”.  Does it apply to investments? Usually one will not equate karma with investments to any financial instruments.

To enjoy financial stability and comfort, it is essential for us to learn the basic fundamentals of finance, business, and the economy. Despite the current economic landscape, your financial needs will remain. To divert the negative connotation of the word “karma” into a positive one, look at these quick tips on how to effectively manage your money intelligently and have enough to invest to create an additional stream of passive income.


  1. Create a goal

Our goal must be clear. You need to set your definite goal especially when it comes to finance and business. Put clearly in your mind where you want your investments to go and plan out your steps into achieving it in small steps leading to achieving the goal.


  1. Be willing to take risk

Investments are all about taking risks. It is why most investors will quote, “Risk what you can afford to lose.” It might be scary to invest in something without assurance. On the other hand, the greater the risk, the higher the reward.

As one of the famous influencers, Jim Rohn says, “If you are not willing to risk the unusual, you will have to settle for the ordinary.”


  1. Monitor your investment flow

As water flows, your currencies especially in business must also flow. To be able to cope up with the volatility of the economy, your money is more than just for saving purposes. Look at hedging your risks by putting it to work in different assets. You need to know where your money goes and how it can generate more income in good as well as in bad times.


  1. Be adaptable to economic changes

The only constant thing in the world is change. The way the economy works constantly changes from time-to-time. To be able to adapt to sudden changes is a skill. Especially in this generation wherein digitalization and technology disrupted the world over. The need to cope with it is inevitable. Learn and adapt. That is how an economy works in a cyclical pattern.


  1. Save a portion of the profit

As your money keeps circulating, put aside a portion into an emergency fund. Saving a portion of the profit from your investments is equally important. You will never know when you will be needing it. Saving could be a lifesaver.


  1. Repeat

The rule of the investment is not just only to earn but to divest and create more opportunities to develop more passive income stream. If you have a nest egg and have cash in hand you will not only survive in a struggling economy but thrive as, in times of uncertainty and volatility, cash is king.

Share this: