Nice.... That is why I'm not afraid of investing in mutual funds even there is a market crash or no market crash.!!!
If a person is just Financial Literate, he would risk. If you are just saving money at the bank because you want "guaranteed" return but actually you are "guaranteed" losing money over time.
If you want to change you current situation right now, then try to do things that you have never done before. According to Rich dad poor dad, you must change your values. If you want to grow your money, don't just save, you have to invest.
Last edited by lorenzoleo; 08-29-2010 at 07:53 AM.
Sakto gyud ka bay.
I remember back in 2009 when the market was really bad because of the non-stop falling prices of navps, it didn't really stop me from continuing my averaging contribution and not even a sleepless night...I even shifted a bigger percentage from my bond fund to my equity fund and the rest to my balanced fund at the right timewa gyud ko mag mahay kay pagsulod sa 2010 mura ug big bang
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Yes, exactly. T_T! Hehehehe! Plano nasad ko mu open ug lain Mutual Fund account sa laing companies napud. Hehehehe! Another basket to fill in. T_T! Currently I have PhilEquity and First Metro Asset Management Inc. Maybe I can start with PhilAm Asset too. Broker man ko so, ako nay mo commission ako kaugalingong MF. T_T! By pass the middle man, become your own broker and become your own Financial Adviser.
Last edited by lorenzoleo; 08-30-2010 at 08:52 PM.
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