Most OFWs do not wish to stay or work abroad in their lifetime. They still prefer to go back home to the Philippines and make investments so that they can be with their families for good. This is the reason why they are doing their best to save up as much as they can and when they’re ready, they will be coming home.
So if you are an OFW who is also considering taking this path but confused of the best investment to make, here are some ideas you can consider.
1. Real estate. A real estate investment may really be one of the most expensive investments that you can make because it requires a larger amount of money, but it will be worth your investment. This is an excellent idea if you are preparing for the future of your family. If you dream of purchasing a house, do it as early as you can because it gets more and more expensive by the time.
2. Stock Market. Even when you are out of the country, you can still participate in the Philippines Stocks Exchange. If you have adequate knowledge about how things work in the stocks market, this is going to be a great way to make your money grow.
3. Buy and sell. A buy and sell business is another good idea for OFWs to multiply their income. You also do not have to start with a huge capital. You can start small by purchasing some goods which you can sell in the Philippines like gadgets, shoes, clothes, accessories, and a lot more.
4. Mutual funds. Mutual funds are the investments that a number of Filipinos make which are pooled all together. You can start with as low as Php5,000 and you don’t have to spend so much time and effort in this kind of investment because they are managed by a professional funds manager.
Because being an OFW is not something you can do forever, it will be best if you think about making smart investments so that you can reap the fruits of your hard work in the long run.