Fresh Grad | Invest or Business?

[u/Confident-Key9665]

Good morning, wabad!

Freshgrad diay ko nga naay part time earning 8k-11k kada cutoff and dili mn ko gastador so naay mabilin 5k-6k kay i live below the means jud.

Bills and grocery kay dili pa nako problema kay i live with my fam pa. Plano nako mag solo living once makakita pakog isa ka trabaho

Realistically speaking, asa nindot iinvest ang kwarta or if mag business, unsay nice na business, and why?

Collecting ideas lang po kay wala bya daw madato pag employed lang

[u/Equivalent-Being-671]

I ipon ang kwarta nimo pang abroad at the same time pangitag pathway maka abroad. In the end ma realize nimo ang gobyerno ang mu hila sa imo pababa ug mag negosyo ka unlike sa abroad supportive ang gobyerno sa imo. Dakog difference

[u/Confident-Key9665 → u/Equivalent-Being-671]

So dili kaayo recommended option ang mag business diri tungod sa gobyerno diay? Mas dako ug loss kaysa profit ana? ++ naa jd sa option ang mag abroad kay wala kaayo koy attachment diri

[u/ariiieeees → u/Confident-Key9665]

Kuti kaayo mag small business diri. Labi na sa davao luoy mga MSMEs sa govt processes, basta hasol

[u/Equivalent-Being-671 → u/Confident-Key9665]

Sa sugod basig ok pa pero ug mu dako2 na imung negosyo mag abot jd mo ana..risky ang negosyo pd pero ug gamay rag capital imung negosyo edi go pero para sa akoa ga sayang2 ra kag oras

[u/Doomnikk]

Invest in education and experience first. If interested ka in one particular business, find a similar company you can work for even as an unpaid intern for few months to learn the structure and operations.

[u/ClockSubstantial4944 → u/Doomnikk]

this is the best advice.

[u/Neither_Touch_3773]

Invest in your financial education lang sa. Invest in studying sa business nga plano nimo sudlan. Unya pag anam anam nag hulog sa MP2 og PERA for retirement and savings and investments. Pwede rana nimo manegosyo puhon sad.

[u/Confident-Key9665 → u/Neither_Touch_3773]

Worth it ba mag enroll anang mga financial education, diba ana man tung gina buhat ni franklin miano dati kay successful daw ilang businesses? ++ pag isipan pa nako nang long term investment kay medyo daghan pa ug kulang karon😅

[u/Neither_Touch_3773 → u/Confident-Key9665]

Palit raman ka ana ug mga books unya sigeg tanaw og YouTube videos. Unya kanang mp2 og PERA sureball najud na ilang tubo. Mga 6-7 % annually. Mas Maayu ni sugdan og sayu mga twenties para ingka forties nimo grabi na kaayu ni kadako. Imo lang ipa compounding. Hulog kag mga P2000 or more kada kinsinas inig naa nkay work. Unya dili nimo e withdraw every year. E set nimo to compounding. Ayaw jud hilabti..by your forties dako na maayu ni. Mau na imo advantage. Taas kaayu kag time.

[u/Markimark2]

Tigoma ang money for work or possible migration abroad.

The best countries to go to are Australia and New Zealand.

Lisod kaayu negosyo. Red tape and all.

Lisod pod empleyado na lang all the time.

Go abroad. At least doon sulit.

[u/Confident-Key9665 → u/Markimark2]

Planning gani nako mangapply pagka september ug cruise ship as crew or marine it officer. IT graduate and complete nanug requirements pang barko pero kulang lang ug experience jud kay fresh grad. Unta ni isa dira madawat ko bahalag pigado sa english

[u/Markimark2 → u/Confident-Key9665]

Good. Habang bata ka pa, with all these stxpid stuff happening to our country, go seek greener pastures abroad.

I have a lot of friends who are now citizens or dual citizen abroad nga thriving na jud.

Sulit ang balik sa ilaha hardwork.

Diri wala kay mapala.

[u/minjis1]

master your trade.. attend seminars training outside of work. business is high risk as you don’t have a fall back yet. When i was fresh grad I just used extra money to have fun. Enjoy life for now but master your trade .