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waay too long) and did not hit the mall.
online voucher code ZBAP0R1 for a 15 to 20% discount or head on over to Lazada
and use voucher code LZDbrDgr for a P300.00 discount for every P3,000.00 purchase.
(who said Christmas is just for kids???) with the mandatory 13th
month pay coming in, and for some really lucky ones, the possibility of a 14th,
15th, or 16th month (Grabe! They should think up names for those months!
Read Percy Jackson for those Greek names you can use for those months).
addict on rehab alert!) But seriously,
people, if you want to secure your future, it makes more sense to make that
money multiply! Make that bonus work for
not think of the bank? To get a higher
interest rate than your usual savings account, why don’t you bring your bonus
(or part of it. Don’t look at me!
I have some gastos, too!) to the bank? They give you a fixed interest rate for the
time you park your investment with them, usually 30 days. The average interest rate nowadays is around
1.375% though. (Gone were the days when
you can double your money through a special time deposit account. By the way, watch out for my thoughts on
fractional reserve. ) You can let the
bank roll your investment after 30 days.
Don’t attempt to withdraw your deposit before the maturity date though
because the bank will penalize you and you have to pay a certain fee for the
banks like Union Bank. Interest income is subject to 20% withholding
tax, but if held for five years, it will be tax free.
only. Investors’ money are pooled into a
fund and this is invested by professional fund managers in marketable and
tradable assets which decades ago are only available to wealthy investors. Investors share in the gains or losses of the
fund according to their participation in the fund. Investors can monitor their investment
through the net asset value per unit amount (NAVPU) which you can view on the
P10,000.00. You can also avail of BDO’s
Easy Investment Plan where you start at P1,000.00 per contribution for all UITFs with the EIP feature, which starts at P10,000.00. Once or twice a month, you can authorize BDO
to auto debit from any BDO Savings/Checking/Payroll account maintained with any
BDO branch. Every time the market value
of the investment reaches the required investment account, like in the case of
Balanced and Equity Fund which is P10,000.00, this will spin off and be treated
as a regular UITF investment documented by a Confirmation of Participation
different investors is pooled together and invested in stocks, bonds, or money market
instruments , except that they are managed by an investment company instead of
the bank. Mutual funds are regulated by
the Securities and Exchange Commission.
You can monitor your fund’s performance through the net asset value per
share amount (NAVPS).
own. You can start with what you know,
start small, develop your product then sell it at village bazaars.
don’t like. You will easily give up when
grab it right away. Somebody else might
beat you to it.
investment of P5,000.00. Citisec Online
offers COL Starter which is an account suitable for long-term investing. By the way, for you prospective stock investors out there, you can register for a 7-day free promo. You can experience all the features of being a CitisecOnline account holder for seven days so you will have a feel of how the market works.
stocks such as PLDT, Ayala Corporation, and BDO. Blue chip stocks give quarterly or
semi-annual cash dividends (My favorite is PLDT because it gave generous dividends
this year!), making you earn something even if the share price has not gone up
year to learn the ropes. There are no guaranteed gains, though,
because you may earn or lose big time – it is a roller coaster ride- but stocks
may earn you more than what bank products may give you in the long run. If you want to go along with the ride, why
don’t you try to be mentored by Bo Sanchez’ Truly Rich Club. His maids are earning more than a regular
executive through their stock investments.
They actually have more money than me, jeez! Join na and grow in wealth and spirit!
don’t know a thing about it, honestly, except that I heard Suze Orman talking about
it. I just saw it being talked about at
ANC’s On The Money awhile ago, and one of the things about it that got stuck in
my mind is that your expense (cost that could eat into your returns) ratio for
a mutual fund is 3% while for the ETF, your expense ratio is only 0.6 of
1%. They are like mutual funds in a way
that you can have a diversified
portfolio, instead of having just one stock, but they are liquid and you can do
the trading yourself. I will research
more on this. But it is promising ha.