12% is good, but remember it's not risk-free. There are tons of Indonesian investment schemes that have failed spectacularly recently, including ones run by the government. Remember if these investments could qualify for regular loans, they would have done that at a much lower rate instead of paying you 12%. Probably a good idea to not put all your eggs in one basket.
I have invested in Indonesian stocks for over 15 years now, it's by far the best returning investment I have, but I would never recommend putting more than what you would be comfortable losing half of. My worst yearly return was around -35% and the best was +85%. It is a volatile market. When I began investing, the entire Indonesian market cap was smaller than MSFT.
The 12% is a close friend of mine that supports what I do. So he decided to help me out.
Regarding the scams, that's why I'm asking and reading as much as I can.
Stocks:
Thanks for the insight. So I thought I read that on an average it's a yearly return of about 25%. Did I imagine that, or does that sound about right?
Really appreciate the numbers and details you gave, helps me get a better idea.
I only have about 10k in IDX. So Im wondering if I should stay or move that out and invest in something better.
But so far it sounds like the 12 percent is as good as it gets. So I think what I took so far from the combined information:
1. Stocks in Indonesia, long term, only 20% of total cash
2. Stay away from property, unless I have time to manage it by renting it out as a hostel or something of that sort.
3. Don't be greedy.
These were my biggest take aways thus far.
Bitcoin I'm skeptical and still gathering info.
A friend gifted me ETH, so that's why I considered if I should add more or just let it grow and ignore it.