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3 ways to make money in the Year of the Pig

Locals and tourists in Hong Kong seen taking pictures next to a large decorative pig commemoration during the preparation for the Lunar Chinese New Year 2019. Image: Getty

The twelfth of all zodiac animals, the pig is a symbol of wealth in Chinese culture.

That’s got to be a good sign.

And according to a feng shui master, it is.

The Year of the Pig, which began on Tuesday 5 February will be a good year to make money, Jojo Zhou told The New Zealand Herald.

“The power of fortune star Wu Qu will be enhanced this year, which means there will be sufficient financial resources and new opportunities,” Zhou said.

“It will be a good year to make money, and starting a new business and financial investment is encouraged.”

She said it will be a good year for those in the finance sector (although some in Australia would probably disagree), as well as those working in telecommunications, cars and other industries with a metal element.

Zhou said it’s also a good year to change careers.

Property

The pig also represents working hard without an expectation of a reward, Biggin & Scott Glen Waverley director Ming Xu told news.com.au.

“From that point of view, we can see that this year, the real estate market is going to be a good one for those who take a relaxed view,” Mr Xu said.

“And for any buyers who want to get into the market, it’s a good time as it represents fortune for them in the future.”

With Sydney property values predicted to plunge another $60,000 by the end of the year, this insight is unsurprising.

Career development

When it comes to your career, this year could be tricky for those also born in the Year of the Pig (or those born in 1923, 1935, 1947, 1959, 1971, 1983, 1995, 2007, and 2019) because they’re known for not receiving much luck.

Rather, they get lessons.

“This isn’t a year for Pigs to take risks or initiate any major changes. Instead, focus on the practical and hardworking aspects of your zodiac sign. Look for ways to improve the mundane, routine aspects of life; small, consistent, and practical actions lead to long term health, wealth, and success,” astrologer Carmen told INSIDER.

Investing

It’s a good year to bet on smart building, analytics and automation, Anthony Liu, the director of the New Ventures team at Hong-Kong’s Swire Properties told Forbes.

And according to Fidelity Personal Investing’s Daniel Lane, 2019 should be a solid year for investment in China.

“Those born in the Year of the Pig are said to be honest, straightforward and patient, and while investors in the region have certainly had to keep that last trait in mind over the past year, there are a few main reasons why they haven’t abandoned the country just yet,” he said in a Fidelity note.

Lane added that China is cheap, thanks to data misuse scandals, political upheaval and a costly tariff war with the US. Since this time in 2018, the MSCI China index has fallen more than 18 per cent.

“However given how central the country has been to global worries, it might be a surprise it isn’t down by more. So, investors might be looking to snap up a bargain,” he said.

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