mutual funds
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Investing in Election Year
1. Banks are good for safekeeping. Keep your cash in banks for your everyday expenses. 2. It is always good to DIVERSIFY esp. when times are uncertain. This way, you mitigate the risks of putting everything in one basket. There are many ways to spread your wealth. Consider mutual funds of BPI Investment Management, Inc. Read more
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What is the Best Investment
When I talk to a fellow Financial Advisor, they say that the best investment is life insurance. When I talk to a fellow Certified Investment Solicitor (a CIS is licensed to sell mutual funds), they say that the best investment is mutual funds. When I talk to a fellow Real Estate Broker, they say that Read more
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What is a Safe Investment?
People tell me that they prefer to keep their money in time deposits and savings accounts rather than put it in investments like stocks, mutual funds, and other investment instruments. (Note: time deposits earn like .75% effectively while savings deposits earn less than 1% or .25%) I’m certain that 10 years from now… Tuition fees Read more
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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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Is it really a safe investment?
Some of my friends tell me that they prefer to keep their money in time deposits and savings accounts rather than put it in investments like stocks, mutual funds, and other investment instruments. (Note: time deposits earn like .75% effectively while savings deposits earn less than 1% or .25%) I’m certain that 10 years from Read more
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Financial Education is on the rise
It’s human nature that whenever you talk about money, people will pay attention. Maybe because, in some aspects, money is the tool we use to satisfy both our needs and wants. Both personal desires if I may say so. Money is the magnet that pulls our desires into reality from the economic point of view. Read more
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The Filipino psyche on Money Part 1
Last July 20-21, 2012, I got the chance to attend the Money Summit and Wealth Expo 2012 at SMX, Mall of Asia. At one point during the forum, the Financial experts at the Money Summit were amused that some people paid and went to the Summit expecting specific answers to their questions like what stocks Read more
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How to Auto-Pilot your Investments (enroll your Mutual Fund account in BPI)
Note: This post applies to those who have invested in any of the mutual funds managed by Philam Asset Management, Inc. (PAMI). According to PAMI, One recent study* (Thaler & Benartzi, 2013) in the US points to automating investments as an effective way to solve Investor Inertia. As part of PAMI’s thrust in providing clients with ease of Read more
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Notes on Total Money Makeover
Total Money Makeover is a book authored by Dave Ramsey. It’s about a proven plan for Financial Fitness. Here are a few hard and practical lessons I learned from this book: 1. Start saving up your emergency fund while paying your debts. It sounds easier said than done esp. if you’re earning just enough to Read more
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