Identify investment needs
When you have $200 million, deciding how to invest it can get complicated. The first important thing is to consider your risk appetite.
First, realize that although this amount of money is not small, it is not large enough to start a large business such as opening a fashion store, cosmetics store or a large-scale restaurant. Managing and maintaining these businesses requires a larger amount of capital and more complicated processes.
Second, consider how long you can keep the money invested. If you don't need it for a short period of time, say 3 months or within 1 or 2 years, you have more options.
Third, consider your monthly income to see if there is enough left over to invest or just enough to cover daily living expenses and contingencies.
Ultimately, your risk appetite will play a major role in your investment decision. Are you willing to take risks or do you prefer stability and security? Also, do you have the time and talent to take on a second job if necessary?
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What business should I do with 200 million capital?
Popular investment channels:
Real estate investment : to invest in the real estate market you must have a large capital. This is a very large and fast fluctuating market, so you need to regularly update the trends and fluctuations of the market. Especially the real estate market in big cities is bustling and changes every day.
Investing in gold and foreign currency: to avoid currency devaluation, many people choose to convert to gold for storage. However, it can be seen that the price of gold is a relatively unstable investment channel with many unpredictable risks.
Stock investment: Since 2017, the Vietnamese stock market has had a clear recovery. Many people start their business by investing in stocks, although there are many fluctuations, this is the channel chosen by many people. However, the profit depends a lot on the knowledge, understanding and sensitivity to the market of each investor.
Bank savings : This traditional investment channel, although not the most profitable, can ensure safety and help you accumulate assets best.
Freelance business: this is a highly effective, fast investment option with low capital. With a capital of 200 million, you can choose many different business options based on your abilities, trends and interests. To do business successfully, you also need to choose a suitable location in big cities, densely populated areas with many people passing by.
Minh Huong (synthesis)
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