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Author Topic: The choice of investment is dependent on your region of residency.  (Read 693 times)
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June 10, 2024, 09:37:00 AM
 #41

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.









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June 10, 2024, 02:03:56 PM
 #42

Really good piece of advice and it stands true atleast in my country as it really depends because I stay in a region where if you invest into real estate you will surely get profits in couple of earning but the region which falls with 50 miles from my place there has been no appreciation in the value of real estate for decades, similarly it stands true for every single business as that's why analysis of region is very important and play a major role.

The issue of location is an important factors when it comes to any investment, make a lot of research regarding the choices of a location determined how the investment will improve, investing in a place where the  raw material are available make the investment easy.

Regarding the investment location, in place where I live we are into rice farming which we produce tonnes of it, before, we due move it out for sell but since investors found out that we have access of it they decided to move down to our community to build a rice mill factory so they can have easy access to the farmer and also reduce lost for both of them especially for the farmers.

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June 10, 2024, 02:49:23 PM
 #43

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.

I agree, even though advisors have knowledge about business or investing, it doesn't mean they know everything or are always good at everything. If they are really so talented, why don't they start their own business, and become consultants?

Once we decide to venture into any field, we need to understand it well and be confident in our knowledge. Relying on others shows that we do not believe in ourselves, how can we succeed?
Talking about cryptocurrency investment, I even believe that there will not be too many advisors and financial experts who know about it, let alone give us advice. Personally, I would rather bet on myself than bet on someone else.

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June 10, 2024, 03:33:15 PM
 #44

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
This is a logical thing that everyone should be able to think about because in the end everyone has to rely on their own decisions and ignore other people's decisions, including the decisions of investment advisors who are quite professional. Because a good investment is an investment that is based on our own research, which also includes our own desires without having to depend on what other people say. Because investors are the people who are freest in thinking about anything because they are not enslaved by other people in any way.

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June 10, 2024, 03:53:20 PM
 #45

There's truth with that but most of the investors are investing because they know what they are investing. Although it can't be denied that many investors are doing it because of what they've heard from the others and they don't have personal reasons behind that. That's okay because that is the start of them to learn more about investing on their own terms and experiences. Whether it's the common investment in your region, it doesn't mean that you should also go where the flocks are going. But that's a good way to start for someone who lacks knowledge in investing. Whatever is common in your area and everyone is on it, you'll be getting a mentor and the experienced will tell you on how you should do it.

And after that, you'll not be investing anymore based on what's common in your region but you're going to invest on what you can see in the future that has the potential. A perfect example is with Bitcoin. It's not common for most regions especially on the early days and many have doubters of it and even your own relatives and immediate family when you tell and introduce them to Bitcoin, they will discourage you if you go back several years ago. But this time, it's one of the most suggested investment and there is global awareness of it already and people are no longer ignoring it, a lot has changed from before and we're fortunate that we're on this era.

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June 10, 2024, 04:09:06 PM
 #46

The kinds and choice of investment that anyone may propose to  venture into, as a newbie or as an oldie, could be adversely affected by the place they live in or their region of residency.

While any investment could involve the strategy of diversifying into  other investments because of managing risk and having smooth returns, It may involve multiple or even single investments across various asset classes that may be equities, bonds, securities, commodities and tokens as well as various sectors like Real estate and other geographic regions.

The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!
Yeah for sure it's the right statement to propose. Every country has department where they are strong and some of them are weak also. Like in undeveloped countries investing in real states is very profitable and in developed countries it's good but not that much profitable.

Crypto is also very dependent as you can see some governments don't support crypto investments that's why their imposement of high taxes show indirectly that they don't want you to invest in crypto. So in short it depends on region to region.

For sure each countries has what work for them, so regarding real estate business there are countries that people are making huge money from it do to the higher demand for it, while there countries that doesn't focus more on those areas, so actually is very important to identify the things that would be more demanding from people and also in most countries crypto is a huge investment to go into while some countries prohibit crypto, so like you observed is totally depend on the country on the things that work better for them.

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June 10, 2024, 05:14:25 PM
 #47

The idea behind investment is either going beyond the box or being resourceful inside. But I won't say that this discussion is not making any sense at all. If you are living on provinces wherein agriculture is the main source of income among people who lives on there as well, then there's a high tendency that you would be venturing an investment related into it. However, there's also this idea that you would seek for more than what your environment could offer. So I guess it would be better to say that choice of investment depends on the investor.
Really good piece of advice and it stands true atleast in my country as it really depends because I stay in a region where if you invest into real estate you will surely get profits in couple of earning but the region which falls with 50 miles from my place there has been no appreciation in the value of real estate for decades, similarly it stands true for every single business as that's why analysis of region is very important and play a major role.
For real estate assets, this is true because the main thing that must be looked at is the location of the area or the location where the asset is located because this is what can affect the value of the asset. And usually the value will tend to increase again when there are many people who want to live in the area for whatever purpose, so that those who already have assets previously will benefit more because of the quite high increase in value. But for other assets such as gold and Bitcoin this will not be the case because they are not determined by the region or place where the asset exists.
Actually, region would still matter. Accessibility of course would be a big factor to consider when thinking of an investment. If your country or region prohibits Bitcoin usage, then would it still be advisable to have it? And with gold, if you are living on areas wherein demand is not that high for such mineral, would you still be considering it?

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June 10, 2024, 07:34:58 PM
 #48

Paying attention to the region can indeed be a good point because after all, when talking about investment, it is definitely the long term that is glimpsed so that we must see what the potential or future progress is like so as not to make the wrong choice .

 Looking for experts and listening to advice is also actually not too bad to do, it's just that if it feels too burdensome, actually I think when we look for ourselves carefully and take into account all the conditions and risks that we will have later, actually it can still be done without having to look for experts and ask for their advice.

Today we have wide access when we talk about the internet so by looking at the advantages that exist in terms of infrastructure today we only need to be serious about our intentions and goals so that in the end our choices do not cause us to get lost in the future.

That is only true if we talk about traditional investment and business, areas where we need to have a business base and need potential customers. But when it comes to online investments like bitcoin or stocks, regional factors are not relevant or a barrier to our investments . Even if you come from a country that bans bitcoin , there are still ways for you to get involved in investing in them . I agree with what OP said but like I said, it's relevant when we talk about traditional fields.

In addition, when deciding to invest or business , it means we need to have in-depth knowledge about it and be confident with our vision. Don't just look to experts and advisors for advice because they may not understand better than us . What they give us is only advice from books and theories , even if they have never experienced it .
Because the scope of investment is broad and indeed we are discussing investment as a whole without being fixated on traditional or modern but indeed I quite agree because it does refer to traditional such as real estate or related to that.
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.

So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.

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June 11, 2024, 01:02:05 AM
 #49

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
This is a logical thing that everyone should be able to think about because in the end everyone has to rely on their own decisions and ignore other people's decisions, including the decisions of investment advisors who are quite professional. Because a good investment is an investment that is based on our own research, which also includes our own desires without having to depend on what other people say. Because investors are the people who are freest in thinking about anything because they are not enslaved by other people in any way.
Everyone who is thinking about being able to invest must be able to have a plan that they have made well and be able to carry out the plan that they have made well, of course this will be better than relying on other people's ideas which will make it difficult for them to be able to carry it out. well and they could fail to carry it out, of course this is very disappointing because we have used other people's decisions.
You are right, it would be better when someone decides to invest, they have to do accurate research first and have some planning so that they can minimize losses and with our own planning we will be able to easily fix it when problems occur with the investments we make.

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June 11, 2024, 02:11:19 AM
 #50

Location is very determining in developing a business idea or building a business according to plan. When building a business on a daily basis, we must prioritize the needs of the people who live around the place where we build the business, this type of business really depends on where you live. If I have the wealth to be able to invest in various different assets, I don't need a special place because ownership of shares such as land and real estate has legal force that regulates the ownership of these assets. Choosing the right investment will determine future results, business can run smoothly when you provide goods that the people around you need, this strategy can enable you to achieve your goals more quickly.

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June 11, 2024, 02:22:53 PM
 #51

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.

I agree, even though advisors have knowledge about business or investing, it doesn't mean they know everything or are always good at everything. If they are really so talented, why don't they start their own business, and become consultants?

Once we decide to venture into any field, we need to understand it well and be confident in our knowledge. Relying on others shows that we do not believe in ourselves, how can we succeed?
Talking about cryptocurrency investment, I even believe that there will not be too many advisors and financial experts who know about it, let alone give us advice. Personally, I would rather bet on myself than bet on someone else.

I knew some of the professional investment advisors who are also filthy rich investors but they charge huge amount for giving the guidance which we can get on our own if we put in some effort or if someone is capable of paying them and just want to sit and let their money speak then they can go for the OP's advice.

Another fact is, experience is something that can never be bought anywhere which is one of the important thing needed to become successful not just in crypto but in any sector.









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June 11, 2024, 03:02:00 PM
 #52

The good thing about Bitcoin is that, unless you're unfortunate enough to live in a country where it's banned, you can invest in it, and it's unlikely that its price will be negatively impacted by your location. Of course, you need to figure out whether you can buy Bitcoin, whether you need to pay taxes, how and where you can buy and sell it, but other than that, it's pretty simple. But when it comes to things like real estate, for example, you can get in big trouble because of living in a region affected by natural disasters, a war, or something else of that sort. This can lead to a crash of the market. So the local environment matters sometimes, but maybe not everywhere and not for everything.

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June 11, 2024, 11:20:39 PM
 #53

The environment sometimes likes to joke and discourage in pursuing a career, especially stocks and digital investments are still new to the countryside as I experienced, at first I believed that any investment could potentially be broken and made me confident and this investment was worth considering, but over time they were silent and I continued to pay off my investment.

In addition, I admit that my neighbourhood is my main target market, I used to sell various foods, clothes and cosmetics. Digital sophistication made me focus on online and ignore the neighbourhood, I mean if I add opportunities among my real life of course the income will increase even though it is not similar to what I am good at but there is material to consider if the percentage is good even with a small survey. I supply their goods/products, maybe capital turnover. For me, I don't need to convince them that they don't want me but they can also be my target market to earn money.


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June 11, 2024, 11:33:38 PM
 #54

In addition, I admit that my neighbourhood is my main target market, I used to sell various foods, clothes and cosmetics.
Your target market should really be where you are located.

If you are doing business this reduces the cost that you have to exert in delivering or distributing your products or services. Not to mention the inconvenience it causes. If for example you are selling food and you’ll have to deliver somewhere far away, it may go bad. So the target market should start where you are.

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June 12, 2024, 06:33:17 AM
 #55

The kinds and choice of investment that anyone may propose to  venture into, as a newbie or as an oldie, could be adversely affected by the place they live in or their region of residency.

While any investment could involve the strategy of diversifying into  other investments because of managing risk and having smooth returns, It may involve multiple or even single investments across various asset classes that may be equities, bonds, securities, commodities and tokens as well as various sectors like Real estate and other geographic regions.

The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!

I agree that location plays a role in investment choices. For instance, if you live in an area with many universities, investing in student housing could be profitable. Students often need places to stay, and not all universities offer dorms. Plus, since they're temporary residents, they're less likely to buy property.

As for seeking professional advice, I think it's smart to research whether you need a broker or an advisor first. In my opinion, advisors are generally better for those who don't know much about investing. Advisors focus on the client's best interests, helping them build a portfolio based on their goals, time frame, and risk tolerance.

Brokers, on the other hand, have a narrower focus. They mainly recommend specific investments and may not always have your best interests in mind. They can offer advice, but they might steer you towards certain investments that benefit them more than you.

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June 12, 2024, 07:00:33 AM
 #56

The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.

Indeed, many things depend on the environment and the kind of community we live in, we all live in different conditions and have different opportunities at our disposal. And although the choice of investment depends on that, I also think that the choice for investments is much bigger actually. The Internet is full of possibilities and things that were previously not available to the majority of the population are now within reach. Cryptocurrencies have brought all this even closer to the common man, now it is much easier and simpler to move funds on the Internet and enter into various investments.

So, in this modern world, it's not wise to be "trapped" when it comes to investing. There is the Internet, and I think that changing the place of residence should not scare people. More than ever people travel and change cities and countries... it's so normal today and I believe much less complicated than in the past.


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June 12, 2024, 07:47:12 AM
 #57

The choice of investment can be dependent on your region of residency. Different regions have different economic conditions, regulations & market trends that can influence the suitability & profitability of certain investments. Industries like real estate, tech & energy may thrive in one region but face challenges in another. Also tax laws & investment incentives can differ between regions impacting the overall return on investment. It’s important to consider local factors & seek advice from professionals familiar with your specific region when making investment decisions.

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June 12, 2024, 08:11:27 AM
 #58

OP, it all depends on the type of investment or business that you are venturing into. For example, real estate needs good location and region to make good profit. Bitcoin miners need a bitcoin friendly country to carry out their mining operations.

Investing in digital assets, buying of shares for a big company, gold investment and many more does not need region or location before your investment will run smoothly because they generates profit for you based on how much you put into it. Another thing is a company that is into production, location and region does not matter for your to sell your products, but it is how durable and reliable that your product is that will attract customers to it. Apple company is not in my country but almost all the youths are crazy about iPhones and they are using them, and many more.

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June 12, 2024, 08:27:27 AM
 #59

I disagree with you OP, our religion does not affect our choice of investment in anyway as long as the that environment or locality needs such services or business. That is the main reason why when people are looking for a ,space to build an investment example real estate or a firm. They make sure they have made necessary enquiries about the location and how people in this location would respond to that services. Investment and business is build based on the need to satisfy more people so people who really need your services must be in that location so that when you start you will need to stop such business because of lack of customers. Although with time development makes things change, even when there are less people over there who needs the services development brings up changes and people will began to come.

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June 12, 2024, 08:45:08 AM
 #60

I definitely agree with you that the most important aspect of investment depends on the area you live in and your surroundings. Oftentimes, however, investing is a personal matter for you. That is because the sector of investment that one wants to invest in can be determined by him alone. But the place of residence plays a very important role in investing.

A conducive and safe environmental atmosphere also makes us comfortable and enthusiastic about staying and doing activities for a long time because we feel protected from potential/unpleasant conditions due to safety. Moreover, the area where we live has good economic growth, so there will be many small businesses that we can do to increase the amount of our investment.

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