My first deposit was $100 and then I automate my deposit so whatever happens, I won't forget it and it would be on top of my priority.
Then reality hits, there's always a bad time, but I never thought it would be like this when Covid 19 hits the world and affect many businesses.
Before I knew it was coming, I saw that Wahed converted my investment to cash. They didn't let me lose my money, and yes, here's my investment after 1 year, since the first day I open my account.
If you're scared to lose your money and you're waiting for the right time to invest. Don't wait much further.
The world is a zero sum investment. When some companies go down the drain and lose their business, some are profiting heavily.
Should I say, medical supplies? Foods and top priorities for survival?
The good news is you don't have to think and decide for these things. Let it be handled by the professionals and see your money grow.
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At Wahed Invest, your investment is safe even during recession. How did I say that?
Yesterday I read the news that OPEC and Russia are lowering their Oil prices and because of that, a recession is looming and so, I was worried initially about my money at Wahed, but when I check my position although I am down by $150, I felt relieved, why? Because they withdraw the money from stocks and they move it in cash, here's the picture.
Usually my cash left is only about 2-3%, but during this time, it became half of my investment at Wahed which means before I incur more loses, they pull it out and make it cash.
This is why I love Wahed. I don't have to be an expert. I don't have to follow all the news and look at the stock market. They will do it for me.
I understand that this is not the right time to invest your money, but when are you planning to invest? When Corona Virus is over and the recession ends?
Nobody can predict the market. In my experience, the best time to invest is when you had the opportunity to set aside a small amount. Put it in Wahed and they'll invest and manage it for you.
Here's a referral code to give you a jump start.
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Good luck with your investment. Take it little by little. It's not a race, it's a journey.
After answering the questions or survey at Wahed Invest, they suggested that I go for aggressive portfolio, but I didn't follow their advice, I still chose "very aggressive" The reason was I don't think I need this money any time soon. I also want to maximize the return on my investment.
I started last May 2019 at Wahed Invest and this is my portfolio now.
Everything is automated. When I deposited my money, the money will go to Cash first, hours later or after a day, it will be distributed to Global Stocks and Emerging Market Stocks and cash by percentage.
I don't have to choose where and how should I budget my investment. They do it automatically and up to this moment, I'm really satisfied.
Last time aside from Cash, I saw "Gold" but when I check again, it was gone. Maybe in the future they will also allow the investors to invest in Gold.
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Investing in Wahed is one of the best decisions I had. If I ignore it few months ago, I wouldn't have it now.
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Happy New Year Guys!
It's nice to know that you found this blog. This only means that you're taking the first step in making your investment.
Below is my current investment at Wahed. This is not much, but slowly I am saving and investing.
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November is very good for my online business. People are spending money because of Black Friday and Cyber Monday.
This month I earned $2,100.00
I am hoping that December would also be good because of Christmas. But based on my experience, January is far better than December, probably because my customers are Moms and Dads not kids.
If you want to start your passive online business, now is the right time. Start with something small and easy. Something you can do while sitting during lunch break or when you sit at home.
Passive online business takes months if not years to build, but when you build it, it slowly grows and adds up.
I have a lot of passive income sources, it was a long journey, but it was all worth it!
Wahed Invest November Update
Today, I have $906.11 in my account! And I wouldn't have that for sure if I didn't try Wahed Invest.
Wahed help me save money without feeling it. I automate my deposit and it becomes part of my budget.
At first I was hesitant to make a deposit, but after doing my research, I knew that my money is in the hands of the expert.
They're doing it for over a decade, that's why I knew that although there's a risk in putting my money there, I knew it a lot lesser compare when I do it on my own.
Actually risk is everywhere. Money is not safe anywhere!
Put it inside the house, the thief might break in. Put it in the bank, the same might happen.
Try Wahed Invest!
Use this referral code during registration to have $25 bonus in your account after your first $100 deposit
Investing is a journey. Take one step at a time and you'll never know where it would take you.
Is Wahed Invest Legit
After seeing the advertisement or hearing about Wahed Invest, probably you're wondering if Wahed Invest is legit.
Well, I can attest that Wahed Invest is legit. It's the same as all the other Mutual Funds you across or know about.
The only difference is that, Wahed Invest is international which means you are investing not just around your country. You're investing globally!
Globally means your money is much safer than when you invest in your country.
Give it a try. $100 is all you need to start your investing journey.
$100 may not be small, but for sure, when you go out to the mall, or eat in a fancy restaurant, you can blow it in a minute.
They are giving $25 free if you put a referral code when you open your account and deposit $100
Use this referral code to get $25 bonus
I started last May 2019 and this is my account now
If I did not give it a try, I wouldn't have that right now.
Maybe I flush it already in the toilet or perhaps, a new piece of clothing was there in my closet, wondering when I am going to wear it again.
Invest now and thank me later!
If you're interested in Baladna and you heard the news that it's only for Qatari Nationals, and you search along the web thinking that the news might not be true, well I hate to break the news to you, but it's true.
If you have QNB Savings account, you can check it easily. On Investment, when you check IPO, it was mentioned for Qatari Nationals Only.
If you really want to invest in Baladna because you trust them, and you want to be part of their success (and risk also) like me, we can wait until they open it on December during their first trading day in the Qatar Stock Exchange.
So for now, just keep your money and wait....
I'll update here if something new happened.
Until next time!
Wahed Invest update for October
It's October, the year is about to end. Do you have a new years resolution? Any plans for the upcoming 2020?
If you're still not yet investing in Wahed, this is the right time to invest.
You don't need a big amount to start, with just $100 you can open an account. You can add more when you have spare money, or the best strategy that I found really effective is when I automate my deposit. Every month, its deducting $100 and because I don't decide to put or not, it becomes part of my obligation and as time passes by, I don't feel it anymore.
Here's my investment now. I'm still starting, but soon I'll make it bigger.
I'm glad I found Wahed because it helps me invest my money easily. No waiting, no hassle. Everything can be done with just a click of my finger.
Start Wahed Now and thank me later.
Use this referral code when you sign up so you can get your $25 bonus
October Passive Income Update
October is over and people are preparing for Christmas and New Year so within the next few months I am expecting an uptick in my income.
This month was also good for me, I pocketed $1,850 in profit.
August was the worst performing month, for some November and December are the best, but for me, my best book sale usually comes in January. Maybe because its very cold and people don't want to go outside.
There's a lot of online business nowadays and it's more easy than ever because people get used to technology.
But if you are planning to start buying or building apps, unless you have an IT background, I guess you should stay away from it because apps needs constant update, not just time consuming but you need to understand how it is made and how to maintain it.
Since you're here and it seems that you like reading, why not start writing your own book? Start writing and who knows, it could be your fortune. Go to Amazon's Kindle Direct Publishing (KDP). Start now! Its 100% free.
I'm super busy - I don't really have a time to write. But, I'm doing this to document everything so, when I retire and one of my kids pursue a business, they can go back here and pick some advice.