The lesson here is still to learn what we can regarding the behavior of the metals and the industry as a whole if one would want to succeed in this area of investing. I am writing this blog with a wish that as Filipinos, we should be conscious about our financial education and stop whining about the government, officials and the other factors besetting our little economy and create our own genius.
Our country is rich in these national resources that if the world economy fails, will provide the best insulation against any failing currency. With a little ingenuity, we might be able to prepare ourselves and our families from a coming economic collapse.
This economic storm is clear in our midst and brewing to an intensity that none of us can reckon with. Even astounding investors Jim Rogers (who emailed me one time telling me to get into commodity investing) and Dr. Doom have big worries about the present and coming wealth destruction.
Browse through the archives and know where to park your money. The bank is the worst thing that you can place your money in, you can train a monkey to place money in a bank. The plan that you have for investing should include investing in yourself, your financial education and knowing what you are doing.
Investing in metals for example is different from Trading the metals for capital gains. Trading is a short term remedy for profit while Investing is a Plan that you need to have, placing funds that you plan to forget for the long term.
Let us educate ourselves. Share this blog spot with your friends and let us start the Pinoy Metals revolution.
Pinoy Money Talk is a good site that intends to educate people concerning finance and everything about it....
ReplyDelete~the earning student