One of the great tragedies of investment is forgetting those who most need it. Many investors focus on what is new, popular, and easy, forgetting that the path of lowest risk is that which brings the lowest return. Warren Buffett once observed that his investment philosophy could be summarised as greedily doing what others were afraid of doing.
The investors who profit the most are those who choose to forsake the easy road and make the effort to help those who really need it.
A great example is the People Republic of China’s vast investments in Africa. While the unacknowledged racial biases of many in developed countries prohibit them from pouring funds into Africa, China sees financial opportunities where others do not.
The planners in the Chinese government are aware that the key to becoming successful is to help those who are not successful.
Some of the world’s greatest untapped resources exist in Africa, but many investors ignore countries like those in Africa because of unnamed prejudices against the conflict-laden and poverty-stricken communities in those regions.
As a wise steward of your resources, it behoves you to avoid making the same mistakes that those around you are. Google, Ford, Microsoft, and Apple would not have become the giant companies they are by avoiding risk. Although many investors agree to this, in theory, it is uncommon to see them doing anything about in practice. The fear associated with going out into uncharted waters chokes much-needed innovation in the industry.
How do you invest in Africa properly? Look at the regions that are most in need of your assistance. Some of the world’s richest diamond mines are found in South Africa, which has a long history of conflict. Another good region to consider is central Africa, like the Congo. Although these areas are known for frequent wars and revolutions, they are suffering from lack of jobs and stability caused by a lack of foreign investment. One of the most powerful things that can cool a country’s hostile environment is a steady supply of work from foreigners. The problem is when foreigners refuse to help because they see the initial risks. They then commit financial suicide by resigning themselves to the low return on investment of their domestic properties. Do not be one of them.
One of the core advantages of African investment is the undervalued assets that can be bought up for cheap. Land that would take you decades to own in North America is available for you right now in Africa.
As you make your decision about choosing which of the foreigner loan Singapore programs suits you, remember the purpose of doing so. Never go into debt for something that you cannot afford to pay back. Many investors over leverage themselves because they want to compete with the latest trends. This leaves them in a life of unmanageable debt. Do not follow the herd over the cliff. Business loans and personal loans should begin with an attitude of scrutiny.