If it comprises 100% of what your savings, yes.
Truthfully, I'm not much of a fan of mutual funds. Why? Because of the fees. 2% might seems small but that 2% means you automatically start each year on a -2% handicap. Then there's the matter with performance....
There's a reason why index funds are all the rage in the US.
I do not believe the average motorist can make a good evaluation of our prospects, even if we drive each one for half a day...
Yes, we can probably cross out those that are grossly "unfavorable", but the rest...?
Unfortunately, index funds in the Philippines still have management fees. I know they shouldn't have any, and I've asked banks about that, and hindi rin nila alam sagot.
Actually, when I opened my UITF account in BPI, I was surprised that the girl processing my account knew nothing about stocks or even mutual funds. They just repeat whatever's on the brochure but they don't quite understand the purpose and intricacies of these instruments.
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Wow...
I've been working longer than you're alive, but we're in a financial dead heat.
Probably losing more every day that passes by... 😰
Pengeng tips sa stocks ^^
I think wala akong mabibigay na magandang tip about sa stocks kasi sa pinsan ko ako nagpapainvest eh hehehe pero i will try if i can get any tips from him about sa pag stock market niya
i'm also into stocks investing. May alam ako na isang company na nagboom in a span of 10 yrs. From 24K na initial investment to 10M. Kung dito ka naginvest sa company na ito maniniwala ako sa iyo brod.
Ang gusto ko talagang malaman is kung paano maging part time supervisor..![]()
What I can give advice is sa money saving. Put 80% on savings and try to budget the 20% to use then if may gustong bilhin na din naman talaga pa kailangan isip nalang ng bagay na gustong bilhin na mas malaki yung halaga sa gustong bilhin that time. Ganyan ginagawa ko para mas di ako matempt agad bilhin yung gusto ko hehe
Lol, let's just forget that he's 21 years old that has lots of money from stocks but doesn't have so much knowledge about it, shall we?
TS, kung ngayon kana bibili madami naman na nagsuggest. Kung hihintayin mo pa mabuo yung 1.7M mo, I guess saka ka na lang ulit magraise ng comparison. By that time baka lumabas na yung mga all new midsizers or cross overs. Sayang naman diba.![]()