Published December 20, 2020, 10:52 AM
COVID-19 has been challenging for many Filipino families. It is understandable, then, that many of us search for ways to augment or replace our income.
Unfortunately, scammers have no qualms about preying on unsuspecting Filipinos even during these difficult times. In fact, during times of crisis, we may be more prone to making careless financial decisions.
The best investments, of course, are those that we understand. Investing our money, especially in supposedly high-reward opportunities, should only follow after deep understanding of the assets involved. There is no way to get rich easily with investments. After all, if extremely high rates of return were possible within a short span of time, why would some people want your money instead of just investing their own?