Just because South Africa’s been downgraded to junk status , doesn’t mean there are no opportunities for you to make money. It definitely doesn’t mean you should downgrade too. Every negative situation has something positive, just like a dead clock shows correct time twice a day.
So, if you’ve never considered playing the financial market games, then maybe it’s time you started. There are great opportunities waiting for you to explore. In fact, here are three ways that you can still invest and make a decent amount of money.
1. Long-term investments– Finding exceptional dividend paying stocks
Dividend paying shares are like money for nothing shares. All you have to do is buy shares in the right company and receive some of its earnings. It’s simply like getting paid to hold someones shares for as long as you want. This is a really good way to invest especially when the markets are going crazy, like they are now.
2. Trade Forex – Profiting from international currencies
Many people cringe when they hear the words, “Forex Trading”. Because it is so easy to trade forex, with access to significant leverage and relatively low costs and round-the-clock sessions, it’s also very easy to lose money.
However, if you do your homework and learn everything possible about the forex markets, the returns will set you for life.
3. The best investment – Starting a business
You probably have amazing business ideas, but keep putting them on hold. Investing your money in a low-cost, high-profit business can start from your kitchen table. And, you don’t have to take a high risk and quit your job. On the surface, having a job and lack of capital can seem like a major problem. But, all you have to do is plan properly and work towards your business idea without quitting your job. Also, try to start a business that even your spouse can help you with. And in no time, you’ll have control of your working hours.