long term
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My Client’s money doubled in 8 yrs!
My client invested P300,000 last 2007 in a balanced fund. A balanced fund is a mix of equities/stocks and fixed income instruments. The following year, 2008, there was a recession in the market. Naturally, investments plummeted to an all-time low. I remember my client calling me back then. She was very nervous and was telling Read more
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Investing
There are many reasons why people invest. I can think of the following : 1. Capital appreciation – they want to grow their money short-term or long-term. 2. Wealth Preservation – they want to keep the little extra that they save and invest it as a hedge against inflation. 3. Goal-setting – they invest so Read more
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