move! act now!

"nothing happens unless something moves."

at long last, i made an appointment with an agent from a mutual fund company. we will meet on sunday afternoon to discuss the details on how we can invest in their stock or equity funds.

why mutual funds?

because mutual funds are managed by professional money managers. by owning shares in a mutual fund instead of buying individual stocks or bonds directly, my investment risk is spread out.

stock or equity funds

stocks funds are considered risker than bond funds (although certain bond funds can be very risky) and are used for growing your money. money market funds and bond funds typically provide returns just a percentage or two above inflation, but stock funds should do much better over long periods of time.

inflation fighter

for the Philippine investor, inflation is a particularly serious challenge since the Philippines has a high inflationary environment. it's worth noting, though, that the average historical rate of return of the Philippine market in the past ten years largely outpaced the inflation averaging in the double-digits.

that being the case, your savings need to grow at a rate that will outpace inflation. otherwise, you will be losing valuable purchasing power from the capital that you've worked so hard to accumulate. investing in stocks of publicly traded corporations through the stocks or equity fund can provide you with built-in protection against the erosion of your savings over the long-term.

long term investment

when you invest in a mutual fund, you are investing in a diversified portfolio of securities that normally fluctuate in value. to obtain the best results, they should generally be regarded as long-term investments which means they should be held for seven years or more.

the securities markets in which mutual funds invest tend to rise and fall over the short-term, as well as the value of your investment. your ability to withstand short-term volatility, especially on the down-side, will generally result in greater returns over the long-term. when the value of your investment decreases, and it will from time to time, be patient.

that is why this kind of investment is very suitable for my retirement fund. but since i also up to capital gains, i'm still investing in stocks through online trading. this may take sometimes but i promise that this month will not last that i will put my hard-earned money to work for me.

Think Rich, Pinoy! Millionaires Club

we'll be having our second meeting for our group in TRPMC Makati Club tomorrow. though i haven't look for a possible property for our project (as our individual assignment), i think we have so much in the agenda that we could handle other tedious things like this.

looking for a good foreclosed property in banks is so time consuming and very frustrating. it's not enough to look through the list, you still need to see it for yourself if the property is worth buying.

next time i will share to you the things you should consider in buying a property. have a good time!