By Francheska Griño
As the country transitions to the digitalization age, Paolo Castro, a professional investment consultant and De La Salle University-Dasmariñas (DLSU-D) alumni, encouraged students to be familiar with emerging technologies, such as virtual currencies.
During an online event conducted by the DLSU-D’s College of Business Administration and Accountancy (CBAA) titled “SWITCH: Prism of Possibilities” on Saturday, November 20, Castro answered a student’s question regarding the best time to invest.
“Usually tinatanong sa akin yan at lagi kong sagot diyan is yesterday. Pero, don’t worry because the second-best time to invest is now.” he said.
Castro also added that it’s never too late to invest as long as people take time to study it, consult a professional for more knowledge, and never fall for investment scams that say they can double your money within two weeks.
He described that investing for young adults is also exciting because time is their advantage.
“It’s really important when it comes to investing, yung oras, dahil meron kang enough time for you to grow your money, and meron ka rin enough time for you to make mistakes,” Castro explained, saying that mistakes are part of investing.
Currently, the Philippines is the 17th most crypto-aware country, with 3.98 percent of the population being crypto owners according to a global crypto adoption index by BrokerChooser.
To watch the full replay of the said, virtual event, click the link below: https://www.facebook.com/dlsudcbaasg/videos/253102876788585
