You don't know how mutual fund works. Stock price always go up in the long term.
Philequity Management, Inc. tanawa ang Price sa PhilEquity way back 1995, compare karon. Unsa may naka lugi ana? Hehehe! Asa may na hurot ang kwarta kadugayan? na it goes up man jud long term. Maybe short term ra pag invest mao ng na lugi. maybe single stocks imung pasabot na ma lugi kung mu down ang companya na imu gi invesan, But in Mutual Fund lisod ma lugi kay diversified man na gi invest into different stocks. Dili sad cguru mag dungan ug ka lugi si SM ug Ayala, Jolibee, ABS-CBN, di bah? hehehe!
imagin you invested 1M way back 1995, today the value of your investment is already 15M. Layo ra kaayo ang Time Deposit. Use this formula for compounding interest, F=P(i+1)^n. Mu ana ang uban dugay, well ana jud ng investing, even you get an interview with successful investors, ilang advice nimu kay, it needs time and patience. That is why alot of FIlipinoes are victims of investment scam kay gusto man ma dato ug dali.
Here is my family story and my story:
Passionate kaayo ko mu share about MF kay snowball happend in our family. My father started investing
MF back when I was still elemntary, karon, mao na na iyang para retirement. That's what you call "The snowball". He started MF at the age of 35, now he is 50, pwdi na siya mu retire. My father knows where the bank invested our money, he knew it because he is an Executive of one of the Largest banks in the Philippines.
I started investing in MF at the Age of 22 now I'm going 25 na, my investment doubled already it's value because I invested alot during Financial Crises. I'm also blessed that one of our family friend also introduced IMG to us because we have same belief about how to handle money. Then I got into this business because I am more into their mission in helping educating middle income Filipinoes about proper financial planning. Even though I'm an engineer by profession but my heart is now in Educating Financial Literacy to Filipinoes because it happend to us, there is no excuse that it will happend also to you if you just decide and stay focus.