Posted by: everestial007 January 31, 2019
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Not just my 2 cents, it more than a dollar -
1) Stay friends with friends, dont make them business partner, things can go wary since you are not around. Some friendship do make good business partners but that is rare and really depends on the people's personality, trust and ambitions. Odds are high that that it will go wrong and infect your friendship for life.
2) Saving in Nepal is a good option, you can fix deposit and close your eyes expecting good return of 10% per annum. This should be done if you plan on keeping your money there and will only use when you visit Nepal. Investing in other options (hotels, restaurants etc.) isn't good unless you can be there for yourself. Nepal ma paisa ko dherai nai chal-khel huncha and if you are not there people will make you bakra, no matter how close you are to your business partners.
3) is the best option - with the current market trends your stock value can rise (10% in a week or month vs 10 % per annum in Nepal) depending on what you buy. But, it comes with risk, only associated with the stock you buy. The market is going up but still volatile. If you want to manage risk be prepared to do a lots of homework and reading and digesting before you make a final decision on what to buy. You gotta read and follow market trends almost everyday or week so you know what you bought is catching up. Dont get in short selling, it will only hurt you coz you are not an expert. It's a good way to capitalize but if you want to minimize risk, be prepared to read a lot.
Good luck !
1) Stay friends with friends, dont make them business partner, things can go wary since you are not around. Some friendship do make good business partners but that is rare and really depends on the people's personality, trust and ambitions. Odds are high that that it will go wrong and infect your friendship for life.
2) Saving in Nepal is a good option, you can fix deposit and close your eyes expecting good return of 10% per annum. This should be done if you plan on keeping your money there and will only use when you visit Nepal. Investing in other options (hotels, restaurants etc.) isn't good unless you can be there for yourself. Nepal ma paisa ko dherai nai chal-khel huncha and if you are not there people will make you bakra, no matter how close you are to your business partners.
3) is the best option - with the current market trends your stock value can rise (10% in a week or month vs 10 % per annum in Nepal) depending on what you buy. But, it comes with risk, only associated with the stock you buy. The market is going up but still volatile. If you want to manage risk be prepared to do a lots of homework and reading and digesting before you make a final decision on what to buy. You gotta read and follow market trends almost everyday or week so you know what you bought is catching up. Dont get in short selling, it will only hurt you coz you are not an expert. It's a good way to capitalize but if you want to minimize risk, be prepared to read a lot.
Good luck !