It cannot be denied that one of the factors that strengthens domestic economic conditions in Indonesia is the increasing number of middle economic groups. The existence of this group is able to be felt using increasing tertiary needs such as the gym, hanging out in cafes, fashion, interest gadgets, and others. This condition needs to be maintained using ways to strengthen the position of the group. One way to process these groups is to be powerful and not easily affected by crises is to use an understanding of how to manage finances. In this case, knowledge for managing finances is very crucial to be socialized to young people who are a significant part of the community of the middle economic group. Managing finance is more than just understanding how to allocate funds, but also understanding how to invest existing funds.
There are a number of simple ways to invest and suitable to be applied by young people using income of less than 10 million per month.
1. Investment in deposits (financial sector)
Even though this investment has too high returns, the risk is also low because the amount of money invested is guaranteed by Bank. Deposits have their own time period based on the investor’s dreams (from 1 month to several years). If disbursed before the time period, the investor will be charged a penalty using the percentage amount influenced by the Bank. Investment deposits can be done at the bank where we open a savings account. The minimum nominal that can be deposited on a deposit account is not the same in each bank depending on the bank’s policy. I myself prefer to open a deposit account online without having to arrive exclusively at the destination bank and fill out the form. Fortunately, there are now many banks that provide online deposit account opening facilities whose investment funds are taken from savings accounts.
2. Investment Funds (financial sector)
There are several types of mutual funds that can be chosen based on the profile of each individual.
a. Money Market Mutual Funds: All funds are allocated to money market securities (deposits, SBIs, bonds). This investment has a low level of risk using limited profits.
b. Fixed Income Mutual Funds: Also called bond funds, a minimum of 80% of assets are invested in both corporate and government bonds.
c. Mixed Mutual Funds: It is called mixed because the composition of its assets is a mixture of stocks, bonds, and money market instruments with varying compositions.
d. Equity Funds: According to its name, 80% of the assets of this type of mutual fund are invested in shares. It manufactures this type of mutual fund which is most at high risk but has a high possibility of return.
There are two regions for being able to buy mutual fund products, namely in securities companies or in banks (all banks have these facilities). I myself have started this investment since 2011. Because I want to be more practical, I buy online mutual funds through Commonwealth Bank (to use this facility, we must have a Commonwealth Bank account first). To my knowledge, only Commonwealth Banks have online mutual fund purchase facilities. This is very easy because non-buyers need to arrive exclusively at the nearest bank or securities branch before 3.30 PM (last transaction hour) plus having to fill out a form using a myriad of questions. Various Types of Investment in My Funds in 2012 3. Stock Investment (financial sector)
Stock investment is investment using high risk and return. This investment is more suitable for those who have sufficient time to monitor the development of shares in Indonesia. For moderate groups, it is better to invest funds in the type of Blue Chip shares (mainstay shares), because it is likely that the stock price has dropped dramatically smaller. Unlike using mutual funds, stock purchases can only be done in securities companies.
3. Gold Investment (real sector)
In my personal opinion, gold investment is the most absolute return because from time to time the price of gold will always be higher and the increase is quite significant. Indeed, there are times when the price of gold falls, but it is only ad interim. In a short period, the price of absolute gold will rise again. The gold that I mean here is pure gold bar (99.9%) which was officially issued by Antam. For gold jewelry, the value is able to decrease because the production port in carving the gold is calculated to when it is sold home.
Gold can be bought exclusively in Antam’s work area or in a trusted mas shop. Don’t forget to check the authenticity of the gold using pay attention to the Antam certificate, the gold serial number and ask for a purchase receipt from the Gold shop.
The crucial thing to consider before setting gold investment is the storage area.