Where Do You Invest Your Savings?

[macsd]

Corporate bonds , ROP & real state.
Yung sobra sa scholarship & foundations.

[CVT]

Invest in yourself. Learn another skill, trade or discipline, pursue higher education or take another course....

[badkuk]

Invest in yourself. Learn another skill, trade or discipline, pursue higher education or take another course....

In frustratingly Zen-like manner, i would say: invest in learning how to invest :D

[Elroi]

say i got 1m savings in a bank (for retirement fund) earning 1% per annum..

Any advice/suggestions on where & how to invest it?

[jut703]

say i got 1m savings in a bank (for retirement fund) earning 1% per annum..

Any advice/suggestions on where & how to invest it?

Depends on your age, risk appetite, other commitments (house/car amortizations, children's tuition, etc).

If you have a well-paying job and not much spending, you can use the 1M plus your spare monthly income as downpayment for a pre-selling condo then either rent it out or sell it at a higher price after completion. This is quite capital-intensive, but offers good returns.

A cheaper and more liquid option is to invest in stocks. Much more volatile than real estate, but economic outlook of the Philippines is very positive. You can invest in monthly intervals to take advantage of cost-averaging, which mitigates the risk of fluctuating price levels. Initial investment doesn't have to be big, so if you're not earning a lot yet, this is more accessible.

But before you start investing, be sure to have an emergency fund that's equivalent to 6 months of your expenses, so that if anything happens, you'll have a buffer. It also helps to be insured, just in case something awful happens, at least your beneficiaries will be covered.

[n_spinner06]

How do you invest in stocks? Ive always wanted to try this. Is investing in equities via sunlife for example the same as investing in stocks or is that mutual fund and is an entirely different product?

[Newcomer123]

Let's try this hypothetical questiion..

If you have a 2 million pesos right now, which 5 stocks would you buy and how many of each?

And no, I'm not describing myself. ^^

[jut703]

How do you invest in stocks? Ive always wanted to try this. Is investing in equities via sunlife for example the same as investing in stocks or is that mutual fund and is an entirely different product?

You can open an account in Citisec Online (COL Financial), in their office in Ortigas. Then it's all online from there.

Investing in Sunlife is investing in a mutual fund - someone else manages your money and invests it for you, for a fee. You can opt to invest on your own, for higher returns, in exchange for more effort on your part.

[n_spinner06]

You can open an account in Citisec Online (COL Financial), in their office in Ortigas. Then it's all online from there.

Investing in Sunlife is investing in a mutual fund - someone else manages your money and invests it for you, for a fee. You can opt to invest on your own, for higher returns, in exchange for more effort on your part.

I've heard of col financial. Sorry for the noob question, but but i don't appreciate the difference of going the col financial route. Col will also manage the funds for me right so parang sunlife lang din o yung mga inooffer sa banks?

[jut703]

I've heard of col financial. Sorry for the noob question, but but i don't appreciate the difference of going the col financial route. Col will also manage the funds for me right so parang sunlife lang din o yung mga inooffer sa banks?

No bro, you manage your stocks. You choose which stocks to buy, when to buy, and how much to buy. You also choose when to sell. Broker fees of COL are much lower than management fees of banks/insurance companies.

[jut703]

Let's try this hypothetical questiion..

If you have a 2 million pesos right now, which 5 stocks would you buy and how many of each?

And no, I'm not describing myself. ^^

It would depend on your risk appetite, objective, and timeline. Doesn't matter how much you'll invest - and that's the beauty of common stocks. A guy with only 100k in total can have the same portfolio as a guy with 10 million.

Personally I invest mostly in blue-chip companies. Not the highest returns, but decent enough to beat inflation plus a bit of appreciation. Solid fundamentals of these companies somehow mitigate the risk.

[EQAddict]

I go real estate. Land in subdivisions and condo units. Will try commercial spaces soon. Also some stocks (my wife manages the stock portfolio). Some artwork also. The art world is crazy i tell you. Some stock broker just bought a painting of Magsaysay-ho (a local artist) at auction for 45m pesos. Am trying to get some masters' work but will need a lot of luck finding one for sale at a price i can afford.

[n_spinner06]

No bro, you manage your stocks. You choose which stocks to buy, when to buy, and how much to buy. You also choose when to sell. Broker fees of COL are much lower than management fees of banks/insurance companies.

Ok thanks...there's the rub. I don't have an idea which stocks to buy. Hahaha. But this is really interesting. Will read up more on it. Thanks again!😀

[EQAddict]

Ok thanks...there's the rub. I don't have an idea which stocks to buy. Hahaha. But this is really interesting. Will read up more on it. Thanks again![emoji3]

Lady bathory is the expert. The thread she is in is extremely useful.

[sphinxz]

You can open an account in Citisec Online (COL Financial), in their office in Ortigas. Then it's all online from there.

Investing in Sunlife is investing in a mutual fund - someone else manages your money and invests it for you, for a fee. You can opt to invest on your own, for higher returns, in exchange for more effort on your part.

Add ko lang. You don't need to be personally present to open a Colfinancial account. You just have to send the original documents to them. Very convenient IMHO from opening an account, funding, subscribing and redeeming. All can be done anytime, anywhere.

[JaysonT]

yes. really good when you know what's going on with your money.

[nozidwerd]

COL Financial and Pru Life.

[macsd]

All these financial plans like Sunlife, Pru Life, etc... goes by mutual funds to which the risk are higher in short term. New ROPs now are a grain of salt in coupons offerings barely in level with inflation. High yielding ROPs goes with a premium such that their below inflation or just a bit better of with time deposit in reality. Same is true with corporate bonds.

So where does it really nice to go this days on investing ???

[dreamur]

What about this Invest Plus Peso offered by BPI-Philam? They offered this to the wifey when she rolled over her time deposit she ended up splitting it 50-50 (time deposit & Invest Plus). The IPP offers a better return starting on the 3rd year plus life insurance coverage of 125% of invested value. The catch is the term is 50 years to optimize the return.

[Juan Martinez]

What about this Invest Plus Peso offered by BPI-Philam? They offered this to the wifey when she rolled over her time deposit she ended up splitting it 50-50 (time deposit & Invest Plus). The IPP offers a better return starting on the 3rd year plus life insurance coverage of 125% of invested value. The catch is the term is 50 years to optimize the return.

bro, for me, 50 yrs is quite too long. di ako aabot niyan, and even if i would i'd never want to be the the oldest person alive