Here Are 4 Investment Tips For Laying People In The Middle Of The COVID-19 Pagebluk

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JAKARTA - Pagebluk COVID-19 does not prevent the lying down from being able to get extra money. How and where to store it will determine how much money can be enjoyed.

In conditions like today, what investment instruments can be used to make your money dry or work hard for you?

Dimas Ardhinugraha, Investment Specialist of PT Manulife Aset Manajemen Indonesia (MAMI), explained briefly the tips for investing in the midst of the COVID-19 disaster.

1. Choose a safe

Keep money in a safe place. It sounds clichéd and trivial. However, there are two thieves who are invisible and secretly stalking our money, namely inflation and fraudulent investment. Not a few are trapped here.

Tempted by promises of large fenomal returns with (he said) small levels of risk, they ended up being trapped in fraudulent investments and the money was lost. Meanwhile, inflation is ready to stalk money that is stored under the pillow or piggy bank for years, so the purchasing power of the money saved will actually decrease.

Not a few people think of savings as a safe place from being targeted by thieves. In fact, inflation thieves are also eyeing money stored in savings in the long term.

2. Pay attention to the level of investment risk

All investment instruments have risks. Choose the appropriate level of risk. Don't be tempted by high yields, but instead make you worry, sleep poorly, and lead to the emergence of various diseases.

Because in investing, the principle of high risk and high return applies, so if you are promised high returns, of course you must be mentally prepared to bear a high risk of loss as well. And vice versa.

3. Diversify your investment

One of the main principles in investing is 'do not put all the eggs in one basket' which illustrates the importance of allocating our investment in several investment instruments. The goal is to minimize the risk if something unexpected affects one of your investment assets.

Remember, we want to make our money dry, not us dry.

4. Mutual funds as an investment option

Mutual funds can be considered if the three factors above are the focus of your investment. Mutual funds are managed by professional investment managers and supervised by the Financial Services Authority (OJK) to ensure prudent investment management.

Mutual funds also have a variety of asset classes that have different levels of risk, from conservative to aggressive, thus giving us choices according to our risk profile and investment needs.

Mutual funds also apply the principle of diversification, in which the investment portfolio of mutual funds contains various types of stocks, bonds, or money market instruments.

Money market mutual funds are recommended for beginner investors to try out the investment mechanism in mutual funds. Money market funds carry a conservative risk level with potential competitive returns with time deposits.