How do I invest my money in the best way in Turkey

How do I invest my money in the best way in Turkey

Money investment is a science based on scientific foundations and depends on its success on many factors related to the surrounding environment and local and international economic conditions that must be taken into consideration so that the investment process reaches its desired goal and avoids failures and losses. We are indispensable if we follow the appropriate instructions regarding how to invest my money is the best way in Turkey.


How do I invest my money in the best way in Turkey

Before starting the process of investing money, you must take some important steps and you must answer many important basic questions that may seem obvious, but require the expertise of specialists and knowledge of the basic things to answer:


1 - Getting rid of the accumulated financial burdens:

You must first get rid of all the accumulated debts and pay all the installments due to you. If you invest using a loan, you are at risk of never benefiting from the investment returns, because you will have to pay the loan interest from the investment return, which will be low at first.


2 - Simple capital accumulation:

The capital does not have to be huge, as many large companies started with very little capital, but they applied the foundations of the success of the investment process well, so always try to save an amount of money for difficult times, and besides that amount you have to save enough money to start investment.


3 - Select the field of investment you want:

Each specific investment field has its requirements in terms of the amount of money required by the project you intend to invest in and the time period in which you can give up this amount until the first return sees the light. It is possible to get an idea of ​​the types of investment fields:


investing in gold

Gold is considered a store of value. It protects the purchasing power of the currency from economic fluctuations. The best way is to buy small amounts of gold every month, which overflows you with money in the form of gold bars without articulation. At the end of the year, you get the best average price for the total monthly purchase prices during the period of investing your money in gold. This is how you hedge against price fluctuations and thus increase the chances of increasing the return on your investment in gold.


Investing in securities (stocks and bonds)

Shares express the percentage of your participation in the capital of the major profitable companies that finance their business activities through the stock market (the stock exchange). Thus, they provide the opportunity for small savers to obtain profitable returns as a certain percentage of the total profit of the company, each according to its contribution to the capital, which means obtaining income Additional monthly or annual investment in stocks traded on the stock exchange.
As for bonds, they are government securities issued by public sector institutions and are protected from risks, according to which the bond holder gets a fixed percentage as a profit from the capital even if all the active financial institutions lose, and it is preferred by many who want to obtain a regular income.


Investing in Islamic Sukuk

Sukuk are Sharia-compliant securities that give their holder ownership of a stake in a completed or under construction project, they must be linked to assets, issued by companies or government institutions in order to finance their projects, so that shareholders receive a percentage of the profits determined upon contracting, and they bear losses according to that specific percentage, i.e. participation in profit and loss, and this is the main point in which they differ with bonds .


Investing in mutual funds

They are financial funds that contain stocks and bonds that investors purchase their contents, and then work on investing them according to their respective fields. It may be sold later at a price higher than its purchase price. Thus, the concept of investment is applied in a correct manner, and the investment fund usually focuses on converting the value of bonds and small shares into a large value, in the event that their owner does not want to sell them at a price higher than their purchase price.


Finding tax-free sources of income

There are many investment plans or options in Turkey that are of interest to everyone, and you may find, for example, tax-free savings accounts, which may be retirement savings plans, educational savings plans, or others, which is a way to invest your money and earn tax-free income in addition to many types where you must Refer to a financial advisor to direct you to the best suitable type as this will save you from additional costs and add to your savings.


Invest in a profitable project

Invest in your skills and experiences that you learned in your career field and learn new skills that are needed in the labor market by starting a small project according to these tendencies that you enjoy with making economic feasibility for the efficiency of the project and how to effectively employ money in it, so do not depend on a fixed income at all and follow the policy of multiple sources Income through investment projects, no matter how small they are in the beginning, will turn into major economic activities in the end.


Diversification of the investment portfolio

In the sense that he participated in a variety of economic and commercial activities in different ways, so that if you fail in one of them, you will inevitably win in the other. Man only learns from his mistakes, because working in the field of trade is the largest source of wealth because of the difference between the cost price and the selling price, which is expressed by the profit margin.


Investing in the Turkish real estate market

Investing in real estate in Turkey is considered a profitable and guaranteed investment due to the difficulty of the real estate sector being affected by global economic fluctuations because it is considered a type of long-term investment and has many forms such as buying a property in Turkey for commercial or tourism investment or renting it to students during the school year or using the property in trade by reselling it And take advantage of the change in real estate prices towards the rise, thus benefiting from the price

differences and achieving a profit margin
You can always invest your money better if you are patient and learn the minimum investment culture and avoid investment options that do not suit your financial capabilities and do not fit your goals Successful investments are not confined to one particular field, but there are many and wide areas for investing money, but rather from collecting it in banks until it loses its purchasing power. With time, I must know how to invest my money in the best way in Turkey based on scientific foundations and cooperation with experts and specialists until one day it becomes a reference for young people to benefit from your successes and experiences in the field of investment in Turkey.

 

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