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Showing posts with label investing. Show all posts
Showing posts with label investing. Show all posts

Monday, June 17, 2013

Start Investing: As You Sow, So Shall You Reap

And so I came to a decision to invest on the starting capital of the fishing boat...

Planting Seeds. Photo Credits

WHY?

First, it isn't too expensive for a beginner like me. One fishing boat costs around Php 300,000.00 and I can't afford to raise that amount at that time whereas, for the starting capital, you only need invest Php 50,000.00 to Php 70,000.00. Second, the risk involved if you are a starting capital financier is somewhat lower. Everytime the boat docks, you automatically get 5% from the gross sales. And third, it's safer because if the boat's catch isn't enough to recover the starting expenses, the remaining amount is carried over the succeeding trips until such time that is recovered...