Top 5 Things You Should Invest In (If You Won The Lottery)

Picture this: you are walking from home on the way to the local supermarket when you chance upon a lotto booth. Aside from your uncle or your aunt’s “pasabay pataya” experience, you haven’t tried it yourself. You thought, the chances of winning are so slim that you rather go on to play other games that have a higher chance of winning. But in the back of your mind, the voice that was once a whisper is getting louder and louder.

“Come on, just try it even for once, it won’t hurt you to take a shot at it, right?” That’s your conscience talking to you. The overflowing excitement you can only dream of if you won the lottery with a prize pool that can easily grant you a one-way ticket to a comfortable life seems so impossible. “Sure, I’ll bet this one time just to get the feeling for it,” you said. Random numbers mixed with numbers that have significant importance to you such as your birthday and more. You gave your picks to the ticketing agent and received your receipt. You carry on with your life.

Days later, you passed by the newspaper stand on your way home, you bought a copy and immediately looked for the lotto results. And for sure, the impossible happened: you just won the lotto! Your happiness cannot be contained longer and that same day, you traveled to the lotto office to show your winning numbers. After some paperwork and warm congratulations from everyone, what now? One staff member even advised you to ‘invest’ in stuff. But where should you invest your lotto winnings? We recommend five things to invest with your lotto money now. But keep in mind, even if you didn’t win the lottery, investing in something is a great way to secure your future and keep the cash flow going.

Vehicle

Many will say that investing in a vehicle such as a car is a dead investment: it churns out gasoline faster than you drink your water, it needs regular maintenance and it gets old pretty quickly. You don’t want to be the newest addition to the ongoing traffic congestion problem, right? That’s just the other side of the coin. A vehicle, if used right, can be a great investment for you as a companion for your business if you are planning one (and you should too). Invest in a vehicle that is heavy-duty, has longevity, and will provide ease for you and your family.

Business

Investing in a business will open new ventures and discoveries for you as you market your products or services to your target customer demographic. Find a business that is currently popular right now such as a food business, a restaurant, or a spot at your local night market or food park. Don’t just establish a business right away with the intention to sell, you should run it with passion and dedication, together with enough creativity and the best workers out there, you are on your way into having a business with the potential to grow and expand if managed right. Some of the most recommended business ventures right now are the following:

-food kiosks -general merchandise store

-clothing apparel store -beauty salon/barbershop

-restaurant/bistro -online selling shop

-take-out restaurant -printing shop/photography services

-internet cafe -vehicle/parts repair shop

Stocks

Investing in stocks is popular right now, and it’s a surefire way to grow your passive income. The world of stock marketing, cryptocurrency such as Bitcoins, Ethereums, Dogecoins, etc, and investing, in general, requires a learning curve, but once you have gotten the hang of it. Depending on your skills and predicting powers, you can double or triple your investments or more if you can correctly predict what to sell or what to buy. But it also has its disadvantages: the world of stocks is a jungle, and you can lose your cash in no time if you don't calculate your moves well, invest only cash that’s just lying around. Remember: don’t invest money you cannot afford to lose.

Ideas

“Ideas? Hold on there, partner.” We know, it sounds a bit vague, because it is. But the vagueness of it doesn’t make this an instant flaw. Ideas are cheap, as they have said. But in the sea of ideas, there’s one that is undeniably a gem and worth funding for. There’s a ton of business ideas, new inventions, projects, and more that need help from a person like you. It can be a new publication that will showcase famous and new talents around the country, you can be a producer for a great script with famous stars and filmmaking people attached to it, you can help a talented individual or group to fund a working product from a prototype. See, the opportunity is endless, and there are hundreds of projects out there waiting for someone like you to start it out, and maybe with the right management and luck– can be the next big thing.

Properties such as a condominium

Investing in properties such as a condo will definitely provide you comfort and security for the future, as you have invested for your own humble abode. Condo living is something that is getting more popular, accessible, and convenient these days. They can look for offers or condominiums that ready for occupancy condos in cities and places such as Cebu, Makati, Pasig, Taft, Manila, Quezon City, Baguio and more locations. Condominiums near-premium universities, public transportation such as mass transit, and convenience stores. Having a property that has close proximities to major establishments is a great choice for you and your family. If you are a retiree, investing in a condo is a great option.