UITF vs. Mutual Funds

[jaypol81]

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bai unsa mana mutual funds? kana mag open ka og account sa bank unya mag deposit ka every month? naa ko city savings unya wala nako deposit2x hehehe....

[istoryamember]

^^ mutual fund bro is another investment vehicle. D ba you have bank deposit, then kabati na pud ka anang Time Deposit, so naa pud Mutual fund. mura ra gud na nagtigom. BUT dili fix ang % sa imong gain. Pwede saka (positive), pwede naog (negative). Sa bank deposit nimo, at the end of the year you will get 1% gain or depende sa Per Annum gain nga gi advertise sa bank. Ang Mutual Fund dako2x jud kuntra sa bank deposit.

[elz_terible]

naa ba available na mutual fund diri ron Cebu?? unsa na bank? and pila starting capital??

[celeste1105]

naa ba available na mutual fund diri ron Cebu?? unsa na bank? and pila starting capital??

hi bro,

i have a mentor who can fully discuss on you about mutual funds. PM me if ur interested.

[medwarc]

bro, actually the mutual funds company are all in manila. if you want to open an account, the options are go directly to their office in manila or through their partner broker company here in cebu...

[jeshcel]

bro, actually the mutual funds company are all in manila. if you want to open an account, the options are go directly to their office in manila or through their partner broker company here in cebu...

you dont need to go to manila to open an account or need a partner broker company, you can do it directly, naa na sa ila site kung unsaon pag open ug account.

just follow procedure... dali ra man.

[paytera]

Nindot ni ka discussion.. Naa ko sa Money Market sa Union Bank (UITF). Dako-dako jud tinood ug entry pero tan.aw nako mas fit rasad sa akong goal ug finance risk tolerance. Nag-start ko kay this year lang jud January okay pa to kay same price pa ang bid price ug ang offer naka swerte gamay. So far nindot ang performance. Although dili ing-ana ka aggresive, pero mas manageable ra sa akoa ang risk. Medyo bearish last month of Sept pero recovering naman pud this month. So far naka 3x add-up ko just this year. Mao lagi kada add-up nimo lahi-lahi ug certificate kay ang imo paliton na unit, base man sa existing Net Asset Value Per Unit (NAVPU). Practice-practice ba.

Basic fees sa Money Market (UITF):
1. Regular withholding tax of 20% on interest income.
2. 1% p.a. based on the total market value of the fund.
3. Service fee of PHP100.00 per withdrawal.

OT: I'm studying pajud sa stocks kay mas nindot ug rewards ang stocks though you need far more knowledge. Pero we need to start small to learn. Once learned stay low to the ground.

[Metz]

Nindot ni ka discussion.. Naa ko sa Money Market sa Union Bank (UITF). Dako-dako jud tinood ug entry pero tan.aw nako mas fit rasad sa akong goal ug finance risk tolerance. Nag-start ko kay this year lang jud January okay pa to kay same price pa ang bid price ug ang offer naka swerte gamay. So far nindot ang performance. Although dili ing-ana ka aggresive, pero mas manageable ra sa akoa ang risk. Medyo bearish last month of Sept pero recovering naman pud this month. So far naka 3x add-up ko just this year. Mao lagi kada add-up nimo lahi-lahi ug certificate kay ang imo paliton na unit, base man sa existing Net Asset Value Per Unit (NAVPU). Practice-practice ba.

Basic fees sa Money Market (UITF):
1. Regular withholding tax of 20% on interest income.
2. 1% p.a. based on the total market value of the fund.
3. Service fee of PHP100.00 per withdrawal.

OT: I'm studying pajud sa stocks kay mas nindot ug rewards ang stocks though you need far more knowledge. Pero we need to start small to learn. Once learned stay low to the ground.

bro dili ka sakitan sa 20% withholding tax?
and naa pajud withdrawal fee.

[lorenzoleo]

Invest first in Mutual FUnd before investing in stocks if you don't know how it works. It is very risky if you don't have the skills and knowledge. It is like driving, risky at the beginning, but if you already knew it, then your sub-consious mind will automatically tell you what to buy. T_T!

if you have already knowledge and skill in stock market, then there is zero risk already because you already knew how to drive. T_T!

[jeshcel]

Invest first in Mutual FUnd before investing in stocks if you don't know how it works. It is very risky if you don't have the skills and knowledge. It is like driving, risky at the beginning, but if you already knew it, then your sub-consious mind will automatically tell you what to buy. T_T!

if you have already knowledge and skill in stock market, then there is zero risk already because you already knew how to drive. T_T!

nice try (img mindset hehehe). but there is always risk in everything you do! dont let people think that stock market is a safe place, there are many sharks even if you think you know it already but you are not.

you are always a student in the stock market......