Pls help!!! I want to KNOW and LEARN about MUTUAL FUNDS

[neo4596]

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btaw noh?! lau rman d.i ang time deposit kaysa s mutual funds but y man dghan lage magtime deposit sa banks? mas risky ang mutual funds d.i?..la jd qy idea man gd ana..xenxa na...ehehehe

daghan magtime deposit sa banks perhaps because ang time deposit ky covered sa PDIC up to the amount of 500k. So if for example ma close ang bank ky na lugi and you have P1M time deposit. makuha pa nmo imong 500k precisely because such amount is insured by PDIC. while sa mutual funds imong money na gi-invest dli cya insured, and there's a possibility na you could lose it. but even then, i still opt to invest in mutual funds because of higher interest rates. and you could double your money in a short time depending sa performance sa market.

[wizard_jamex]

daghan magtime deposit sa banks perhaps because ang time deposit ky covered sa PDIC up to the amount of 500k. So if for example ma close ang bank ky na lugi and you have P1M time deposit. makuha pa nmo imong 500k precisely because such amount is insured by PDIC. while sa mutual funds imong money na gi-invest dli cya insured, and there's a possibility na you could lose it. but even then, i still opt to invest in mutual funds because of higher interest rates. and you could double your money in a short time depending sa performance sa market.

You can double your money if you invest it in MF.

[neo4596]

@mrx412

To help you understand why you must save and invest early so that you can have big savings. I will post a chart so that you can understand the difference. =)



Cheers!

pwd ko mangayo sa chart? this is my email ad neo4596@yahoo.com

[wizard_jamex]

pwd ko mangayo sa chart? this is my email ad neo4596@yahoo.com

already sent to your emaill address (picture jpeg format).

[neo4596]

already sent to your emaill address (picture jpeg format).

thank you. by the way, 1)is it true that there are hidden fees when you invest in mutual funds? 2)what are the advantages and disadvantages when i buy mutual funds through a brokerage company? 3) will a broker take a portion of my mutual fund earnings as "fees"? 4) can i go directly to a mutual fund company when i decide to invest or do i have to engage the services of a brokerage company first? in short, 4) what's the role of a brokerage company?

another thing: 5) is a mutual fund company transparent as to where my money was invested (specific company)? 6) can i monitor my earnings, gains and losses? a guy from IMG told me in another thread that i have to do the math my self. well, i found that so tedious a task. 7) will the MF company give me a regular statement of account like what banks usually do?

let's go to the redemption policy: is there such a thing as partial redemption? let's say my initial investment is 20k and after 2 or 3 years, it doubled and now i have 40k. can i withdraw the 20k and leave the other 20k as my investment? To all people concerned, please answer my query. thank you very much.

[Metz]

thank you. by the way, 1)is it true that there are hidden fees when you invest in mutual funds? 2)what are the advantages and disadvantages when i buy mutual funds through a brokerage company? 3) will a broker take a portion of my mutual fund earnings as "fees"? 4) can i go directly to a mutual fund company when i decide to invest or do i have to engage the services of a brokerage company first? in short, 4) what's the role of a brokerage company?

another thing: 5) is a mutual fund company transparent as to where my money was invested (specific company)? 6) can i monitor my earnings, gains and losses? a guy from IMG told me in another thread that i have to do the math my self. well, i found that so tedious a task. 7) will the MF company give me a regular statement of account like what banks usually do?

let's go to the redemption policy: is there such a thing as partial redemption? let's say my initial investment is 20k and after 2 or 3 years, it doubled and now i have 40k. can i withdraw the 20k and leave the other 20k as my investment? To all people concerned, please answer my query. thank you very much.

1. whatever the value sa imo total shares based on current NAVPS mao jud imo makuha.
2. advantage:
a.we will teach you how MF works and how to manage it.
b. di naka mo adto ug manila or makati.
c. no additional charges
d. ma accomodate paka ug maayo.

disadvantage: none I can think of

3. no, naa ra sa entry fee among fees. and its the MF who will pay us. The entry fee is the same, if mo agi ka through IMG or mo deretso ka sa Makati.
4. yes you can, if you're willing to pay for airfare and hotel costs.
kamiy mo process sa imo investment, and the good thing with IMG is we educate our clients. Im not saying others dont.
5. yes
6. yes you can but you have to do the math manually, and no work around. you'll get used to it, and you don't do calculations daily once the excitement fades. Mag cge nalang ka add and the next thing you know millionaire naka hehe. A very small price to pay when your investment earns 12% or more. Banks have online statements but the investment doesn't grow either.

7. you will get a quarterly statement.
8. yes, you can redeem any number of shares anytime.

Bai, you are in what we call "analysis paralysis". Asking questions helps but you can't absorb it all just by reading, I suggest investing the minimum aron ma feel napud nimo ang naay investment certificate.

And once comfortable naka, you can keep on topping off and you will not need to look back.
If di ka ganahan, charge-an raman ka ug 1% exit fee if withdrawn within 6 months.

We always answer questions but mas maayo naa nakay imo aron makita ug mafeel sad nimo ang experience of owning a mutual fund account.

[lorenzoleo]

If you want to invest in Mutual Fund I suggest you to hold it for 5 years or more. If the purpose of investing in MF is only for short term, then, I won't sell this to you. Ma alkanse palang ka unya ako unya imu mahayon. Hehehe!

Personal Suggestion, NEVER INVEST IN MUTUAL FUND FOR SHORT TERM, DO IT FOR LONG TERM. T_T!

If mu retire naka, I suggest you to place it into Bond Fund para dili na kaayo mu aggresive ang fluctuations.

[neo4596]

1. whatever the value sa imo total shares based on current NAVPS mao jud imo makuha.
2. advantage:
a.we will teach you how MF works and how to manage it.
b. di naka mo adto ug manila or makati.
c. no additional charges
d. ma accomodate paka ug maayo.

disadvantage: none I can think of

3. no, naa ra sa entry fee among fees. and its the MF who will pay us. The entry fee is the same, if mo agi ka through IMG or mo deretso ka sa Makati.
4. yes you can, if you're willing to pay for airfare and hotel costs.
kamiy mo process sa imo investment, and the good thing with IMG is we educate our clients. Im not saying others dont.
5. yes
6. yes you can but you have to do the math manually, and no work around. you'll get used to it, and you don't do calculations daily once the excitement fades. Mag cge nalang ka add and the next thing you know millionaire naka hehe. A very small price to pay when your investment earns 12% or more. Banks have online statements but the investment doesn't grow either.

7. you will get a quarterly statement.
8. yes, you can redeem any number of shares anytime.

Bai, you are in what we call "analysis paralysis". Asking questions helps but you can't absorb it all just by reading, I suggest investing the minimum aron ma feel napud nimo ang naay investment certificate.

And once comfortable naka, you can keep on topping off and you will not need to look back.
If di ka ganahan, charge-an raman ka ug 1% exit fee if withdrawn within 6 months.

We always answer questions but mas maayo naa nakay imo aron makita ug mafeel sad nimo ang experience of owning a mutual fund account.

salamat bai Metz for answering my questions. honestly, i found MF to be interesting and i got more interested by the minute as i keep on browsing the net what MF really is. at first, i was suspicious about this animal, MF, lol coz i never heard of it before and my teachers in school did not mention about it. my thinking was: if MF is good and can make me rich, why is it that its not popular? why is it that i still have to glue my eyes on my laptop's monitor before i get to know it?! i thought MF is a scam. but my mindset was changed dramatically when financial gurus like bo sanchez and francisco colayco said that MF is a good investment vehicle. to set the record straight, im giving MF the benefit of the doubt. im going to invest. by the way, are you still conducting financial awareness program for free? if yes, where? in lahug or in FGU center near ayala? i hope naa pud sa FGU coz near ra sa akong place.

[lorenzoleo]

salamat bai Metz for answering my questions. honestly, i found MF to be interesting and i got more interested by the minute as i keep on browsing the net what MF really is. at first, i was suspicious about this animal, MF, lol coz i never heard of it before and my teachers in school did not mention about it. my thinking was: if MF is good and can make me rich, why is it that its not popular? why is it that i still have to glue my eyes on my laptop's monitor before i get to know it?! i thought MF is a scam. but my mindset was changed dramatically when financial gurus like bo sanchez and francisco colayco said that MF is a good investment vehicle. to set the record straight, im giving MF the benefit of the doubt. im going to invest. by the way, are you still conducting financial awareness program for free? if yes, where? in lahug or in FGU center near ayala? i hope naa pud sa FGU coz near ra sa akong place.

Hehehe! If Sikat pa kaayo ng Mutual Funds sauna bro, daghan na unta na dato karon. Hehehe! Pero many years ago, only the wealthy people know about this stuff because no one did the job to educate these stuff to the masses, only IMG did the education. Only the big institutions knew about MF, that is why when you start investing into MF, when you received your annual report, you will know how many shares did the Big Commercial banks in the Philippines bought. T_T! For PhilEquity I think BPI is the 3rd largest shareholder. Hehehe! When you invest in MF, you are also a shareholder to the entire fund. And of course in investing, there are no guarantees, risk of fluctuations is there, even you go into business it is also risky. If there is someone offering your guaranteed ROI, you better think twice.

"What's popular is not neccessarily what's good, what's good is not neccessarily what's popular".

Sa Lahug bro, murag naa karon 2:30pm, contact me 09212958858

MF Companies that IMG can recommend :

1.) PhilEquity (PEMI)
2.) First Metro Asset Management INC (FAMI)
3.) PhilAm Asset Management INC. (PAMI)
4.) United Fund - http://www.cocolife.com/pdf/ufi.pdf - karon pako kahibaw na Dugay na pud diay ang United Fund, 1993 ni nag start, nag una pa diay ni sa PhilEquity hehehe!

Kung ako pa lang parents kahibaw pa lang jud aning MF way back 1990's, hehehe! Retired na unta sila ron with Multi-millions. Hehehe!

[Metz]

salamat bai Metz for answering my questions. honestly, i found MF to be interesting and i got more interested by the minute as i keep on browsing the net what MF really is. at first, i was suspicious about this animal, MF, lol coz i never heard of it before and my teachers in school did not mention about it. my thinking was: if MF is good and can make me rich, why is it that its not popular? why is it that i still have to glue my eyes on my laptop's monitor before i get to know it?! i thought MF is a scam. but my mindset was changed dramatically when financial gurus like bo sanchez and francisco colayco said that MF is a good investment vehicle. to set the record straight, im giving MF the benefit of the doubt. im going to invest. by the way, are you still conducting financial awareness program for free? if yes, where? in lahug or in FGU center near ayala? i hope naa pud sa FGU coz near ra sa akong place.

Lahi ang set sa FGU ug Lahug nga talks. Just discuss it with the person assisting you aron maka paminaw naka sa talks.

Ang aim jud sa IMG, kay ma aware tanan pinoy na daghan ways padatu even if mag save ra sila.
Teach them unsay realistic approach to becoming rich even if di sila mag negosyo.
Teach them unsay realistic income potential aron malikayan nila ang scam.
Teach them nga building wealt is not all about saving/investing, they also need to protect themselves.

If anyone else is interested to join the talks, you can PM me.