Define "invest"
For time being just keep it cash / liquid
Buy some bonds at least get 7-8% p.a
Avoid buying property and any online trading bitcoin blah blah etc
What amount do you have to invest? $50,000? $200,000?
I have some small business ventures in guest house / kos style things where I have invested / lent to indonesian partner for construction and rental out so I get my money back like half 2022 and half 2023 and then 5% of the annual income for 25 years (example)
Depends how much you have and how long and who you know
Stick to things you can "control"
Don't be a partner. Be a lender. Lend the money and agree get X back after Y years instalment etc rather than as a partner shareholders etc profit share cos then if it goes tits up u will lose
Better to agree to just lend money like a bank would
Lend example 300jt for 3 years and they pay back 10jt a month
Invest: put some money in and back some money.
So Im married to an Indonesian, and we have our own project. We have a passion so we don't really get paid. We just do our own thing. So I don't know any big shots.
However, I have savings and I do invest. But I'm scared. Indonesia is interesting to say the least.
When I said I had some cash to invest, I meant a very small amount. I work because of passion, not for money. Nevertheless, I know that passion won't sustain us. Therefore, I would like to learn to invest in Indonesia so that I can continue doing what I do.
At the moment, I only have 20k to invest. I'm a poor "bule" not a rich one
Currently, I have two investments that get a fixed 12% per year.
Im also invested in the IDX. I tried swing trading, and am at a little over 16% per year... But if I would have just left it alone I would have been at 30% or more.
So I switch to long term investing, hoping to get a bigger return.
I was considering crypto and property but you mentioned not to...
I'd like to hear more. I'm opened minded and open to hear other perspectives.
I just don't know how you can trust to lend out your money. I have heard so money testimonies of people running off.
I'm looking to beat my 12% passive income. I'm not sure if that's realistic. Especially since it's fixed and low risk.
I appreciate your input and thank you for responding, I know it takes time.