Small Ammount Investments

[redshirt]

Again, much thanks to all those who contributed to this thread. I am already imagining saying to my future son/daughter : "you know what all we have now just started with Php 12000, some calculated risks and help form some mates at MTC."

 

 

I realy want to start investing at a young age. I don't know about your lot but both my parents are not good financialy. Yes we have a wee bit money but, I believe that if both of them die right now (*knocks on wood*) I am lucky to have 1m after all the expences and what not. We don't live the frivilious lifestyle, we (mum,dad and me) don't have OUR own house nor even a car. Another reason why I hate extended families. So at a young age I learned how to, as the african americans call "hustle" in order for me to have some spending money and stuff but most of what I've done was PROFITABLE but Im NOT proud on what I did to earn "a quick buck". Now Im of leagal age its very risque for me to go back on my "hustle" because most of what I did is heavily punishabe by law. So now Im trying to do my best to make honest living and make some profit. Am quite a bit ashamed that I told you lot where Im standing up but I believe its part of the process of establishing ones self.

 

 

For the nth time, thank you very much for those who have imparted knowledge, tips and tricks on this thread. I hope others who are at the same page as I am pick up a couple of things while browsing this. Cheers mates.

[Alex_Corvis]

Ang ayaw ko lang kasi sa PSE tradin game, virtual money na 1M! parang di sya realistic for begginers

Im trying the 30k game at citisec online right now (virtual tycoon) , hehehe. Mas realistic for newbs like us.

[sbc97581]

Again, much thanks to all those who contributed to this thread. I am already imagining saying to my future son/daughter : "you know what all we have now just started with Php 12000, some calculated risks and help form some mates at MTC."

 

 

I realy want to start investing at a young age. I don't know about your lot but both my parents are not good financialy. Yes we have a wee bit money but, I believe that if both of them die right now (*knocks on wood*) I am lucky to have 1m after all the expences and what not. We don't live the frivilious lifestyle, we (mum,dad and me) don't have OUR own house nor even a car. Another reason why I hate extended families. So at a young age I learned how to, as the african americans call "hustle" in order for me to have some spending money and stuff but most of what I've done was PROFITABLE but Im NOT proud on what I did to earn "a quick buck". Now Im of leagal age its very risque for me to go back on my "hustle" because most of what I did is heavily punishabe by law. So now Im trying to do my best to make honest living and make some profit. Am quite a bit ashamed that I told you lot where Im standing up but I believe its part of the process of establishing ones self.

 

 

For the nth time, thank you very much for those who have imparted knowledge, tips and tricks on this thread. I hope others who are at the same page as I am pick up a couple of things while browsing this. Cheers mates.

 

 

10 to 12 K is good money to start a trading sideline. Buy any low price product and sell it. (just make sure that you monitor your money and don't spend it)

 

As this accumulates you might want to consider putting excess money for capital growth thru Pag-ibig bonds 10K min @ 8% per annum for 5 years.

 

Then as you continue your business regularly buy additional Pag-ibig bonds, until such time that you have a opportunity to use it for business or a more aggressive investment instrument.

[D. Sanchez]

pwede pa ba mag-invest dun sa Pag-ibig housing bonds ngayong 2008?

 

Yung sa Pag-ibig, LBP and DBP offices pwede pa ba?

 

 

10 to 12 K is good money to start a trading sideline. Buy any low price product and sell it. (just make sure that you monitor your money and don't spend it)

 

As this accumulates you might want to consider putting excess money for capital growth thru Pag-ibig bonds 10K min @ 8% per annum for 5 years.

 

Then as you continue your business regularly buy additional Pag-ibig bonds, until such time that you have a opportunity to use it for business or a more aggressive investment instrument.

Edited May 1, 2008 by D. Sanchez

[marketmover]

hello redshirt,

 

regarding where to invest your money of 12k-15k, there are a lot of places where you can place that for it to earn a bit more money.

 

I believe that for a starting investor who really doesn't have much knowledge about financial instruments yet, you should place your cash into foolproof investments while you are learning the other types of investments available in the market. If i were in the same situation as yourself, i'd place the cash in a Time Deposit first while i am learning, then move myself up to UITF, Bonds and eventually stocks as i learn more and move forward.

 

and finally, since you mentioned that you're in the 18-21 age group, i suggest that you take your time. Don't rush things because you might make an uneducated decision and lose your red shirt

[Azumi0513]

Hi. I don't know anything about investing. I want to save but I don't want to simply put my money in a savings account. Also I want something that is low maintenance, something that I don't have to frequently check. Which would be the best instrument - UITF, Mutual Funds or Treasury bonds? And what is the best bank to transact business with? Im planning to start with 10-12K.

[scooby91]

Hi. I don't know anything about investing. I want to save but I don't want to simply put my money in a savings account. Also I want something that is low maintenance, something that I don't have to frequently check. Which would be the best instrument - UITF, Mutual Funds or Treasury bonds? And what is the best bank to transact business with? Im planning to start with 10-12K.

 

"If you can wait and not be tired by waiting" --- try treasury bills/bonds..

"If you can make one heap of all your winnings And risk it on one turn of pitch-and-toss" --- try speculative stocks, forex, commodities.

 

if ur a newbie / apprentice like me... try to research muna. not much good news driving the market this year.

[idunno]

There are RTBs or Retail Treasury Bonds that are offered by the Philippine Gov't. These are rarely issued, the last one had a 10% annual interest rate and 5-yrs holding period. Minimum investment was P5K. I think this was issued way back in 2006. But keep your eyes open and grab the opportunity if you can. Gov't bonds are supposed to have the lowest risk.

[MrJaydee]

Hi Redshirt,

 

The time deposit rates are so low at present that you will hardly earn anything. I suggest that you invest your money in the fixed income or at least the balanced funds. Check the mutual funds association of the Philippines website (pls search for its website in google) for the definition. Afterwards, I would recommend that you talk to some guys from Sunlife. Sunlife has some of the better performing funds. But first, I urge you to check the definitions of the different funds (from the site) and choose the type of fund that you'd like to invest in prior to making an appointment with the guys from sunlife of manulife. Why? These people have a number of products (insurance, specially) and they will try to make you invest in insurance that is bundled with guaranteed returns. That will defeat the very purpose of your investment and make you spend more money than what you have. These salespeople are out to make money and commissions are higher on the insurance business, as far as they know.

[wallace]

What bank offers the highest monthly time deposit interest?

[MrJaydee]

What bank offers the highest monthly time deposit interest?

 

Most, if not all stable banks offer very similar rates. There are those that offer attarctiverates but these are normally banks that people will normally shy away from. An example are the Rural banks, a lot of which folded because of insolvency. In short, the saying "The higher the risk, the higher the returns" is very true in the savings/ time deposit sector.

[fatso8]

san ba nakakabili ng govt bonds &/or T-Bills?

 

Ano difference?

[Dr_PepPeR]

san ba nakakabili ng govt bonds &/or T-Bills?

 

Ano difference?

 

T-Bills have tenors up to one year or 360 days, normally they are in 30, 60, 90, 180 or 360 tenors. Government Bonds have tenors of one year or longer. You can get them from banks, investment houses.