How to invest on mutual funds???

[Metz]

up for now...........anyone who has an idea on how overseas filipino workers can start investing pls. post.....thnx....

I can actually set it up for you even if you are overseas, unfortunately since wala pata nagkita and lisod mo buhi ug kwarta nga wa pa nimo nakita in personal. you can channel through a close relative who is also "open minded" in investments. Dapat imo relative open minded or thinks like you regarding investments kay basin maoy mo discourage nimo to invest.

I will meet that relative, discuss the benefits of investments(sa amo office or at their preferred place), and if they say it's a go, you can channel it through your relative or you can transact directly with me and I will send the instructions and requirements. Which process you choose, your relative will be the one to receive the official receipts, and certificates of investments.

Ill be meeting with some of the OFW's relatives here soon, kay di na sila kahulat.

PM me if you want to set it up as well.

[medwarc]

encourage ta mo to invest now in mutual fund while barato pa ang per share. sayang ang oppurtunity.....

[Metz]

grabe kaayo ang saka ron sa funds.... does anyone want to invest a portion of their 13th month pay?

[ofw_cebu]

pila gani upfront fee when joining MF?

[Metz]

pila gani upfront fee when joining MF?

if you mean charge, they will charge 2% everytime you deposit. mao rana, kay ang taxes dinha na sa 2% kwaon.

[nihao]

just an example...
philamfund... i started oct 2007 (NAVPS=9.3) went down in 2008 (NAVPS=6.3), as of friday, 11/5 (NAVPS=13.09)
First Metro SLBF... i started july 2010 (NAVPS=1.5 as of friday, 11/5 (NAVPS=2.0

know the different kinds of mutual funds available and study its prospectus and then performance... one source is ICAP (icap.com.ph) or download from inquirer, business section; each mutual fund have their own websites with downloadable investment procedures

[lorenzoleo]

Cge pa saka ang MF ron, pero pag andam lang pud kung mu low na pud ang price para maka invest kag more kung mu down na pud. Hehehe! Create first emergency funds.

[nihao]

bitaw...nya don't panic if it goes down kay eventually it will go up again (careful lang pili).. kaning MF should be considered as long term investment...but liquid enough compared to real estate...

[Metz]

bitaw...nya don't panic if it goes down kay eventually it will go up again (careful lang pili).. kaning MF should be considered as long term investment...but liquid enough compared to real estate...

sakto and you dont need millions hehehe
madala ra 5k and add ginagmay every month

[makie]

bitaw...nya don't panic if it goes down kay eventually it will go up again (careful lang pili).. kaning MF should be considered as long term investment...but liquid enough compared to real estate...

Due to the fluctuations and unpredictability of mutual funds, it is intended to be long term.

For most people, they consider mutual funds as something like magic that will double their money in 2 or 3 years. It actually might but the risks are so high hence making them conclude that mutual funds and the stock market is like gambling or worse, a scam.

PhilEquity started in 1995 for P1 per share. Now, PhilEquity's share prices are more than P20 per share, approximately 2000% increase in 15 years. However, PhilEquity's fund performance will show that it had it's up and downs. In 2008, PhilEquity Fund's yearly performance was -40.71%. -40/71% is scary to look at but knowing that the stock market will always recover one way or another, it was the best time to invest since the market is down and the price per share is cheap.

PhilEquity's price per share at the start of 2009 was nearly P8 and after a year, it went up to P13.10.

Should there be the best time to invest in mutual funds, it is when the market is down. For now, the market is still recovering and generally, the performance of mutual funds companies are going up linearly. There might be days where it goes down but in a year, it ends up higher where it started.

For now, FAMI and PhilEquity are among the best performing mutual funds companies. PhilAm, Sunlife, and other mutual funds companies are doing quite well too.

For those who haven't invested in mutual funds yet, 2011 is projected to be another big year. Find a good and reputable broker and start investing. Put yourselves in the right spot before 2011 starts. The economy is recovering. Take advantage of it.