Best type of savings for the future

[sweetpok]

^^orient urself lang sa basics sa mutual fund. . para nako mao gyud pinakanindot karong panahona. . government bonds come next, tungod na mabayran gyud na siya, though madugay usahay, pero sure kag mabayran gud. pwede actually treasury bills pud. hehe tapos kung ganahan kag adventure/ challenge, stocks. . adto ka. hehe pero careful lang gyud, very dynamic ang stock market, super. hehe

[ashley85]

up up up for this thread

[Butitor]

Savings deposit - angay pang emergency kay liquid kayo kwarta
Mutual funds/stocks - for longterm na naay gamay risk
Time deposit - longterm na gamay ra jud kaayo risk

[janvier]

mao ning ako:
savings deposit - kuhaan sa akong panghinanglan
money market fund - para emergency fund
stocks - for longterm..

dali lng ang stocks basta stick lng sa blue chips...cost averaging tirada

[makie29]

Subjective man kaayo ang pangutana nga "what's the best type of savings for the future" kay movary man ni from person to person.
We could classify investments into these categories: fixed income (bonds, bills, notes, fixed income MFs and UITFs, etc.) and equities (stocks, equity MFs and UITFs, venture capitalism or financing, etc.)
Here are some things that one should consider (this applies to all):

[1] Goal. Whatever the goal is, everything will boil down to just two things: [1] capital preservation or [2] capital appreciation. For people nga ganahan lang ug naay mabutangan sa ilang kwarta, capital preservation is ideal. Ang angay sa capital preservation are fixed income investments kay conservative man ni. Kung capital appreciation, go for equities kay volatile man ni. The higher the risk, the higher the reward.

[2] Age. Kung hapit na moretire, go for fixed income instruments pero kung bata pa, ideally, mas maayo ang equities kay mas dako ang potential nga tubo. Anyway, stock prices go up in time so in case malugi karon, it's just a paper loss then eventually mabawi ra na in the future. Sa mga hapit na moretire or sa kadtong mga retired na gyud, more on fixed income just to protect their money. Luoy pud kaayo kung nanginahanglan ug kwarta then di makaliquidate kay nalugi.

[3] Risk tolerance. Maski bata pa but di kaayo kaya ang dagko nga losses, go for fixed income funds. Fixed income funds normally give an average of 4% to 6% in a year. But if taas2x ang risk tolerance, better go for equities. It can give around 15% to 17% in a year (it can also go as low or even lower than that).

All investment tools are good and could give really good return but to classify kung asa gyud ang best, it will all depend sa individual. What might be the goals and risk tolerance of one may not be the same sa uban. For me, the best investment or saving type is the one that will really suit what the person needs.

[gerrynelmida]

Diversify. You have to have Ed plan, mutual funds, time deposits,life plan, business

[rpatsy]

Ang first sa jud buhaton is pag save para EMERGENCY FUND kay mao lagi mo invest naka pero in times of emergencies nga could happen anytime, anywhere i-withdraw ra japon ang gi invest kay way lain ikagasto. Mao ni nga need sa open BANK SAVINGS ACCOUNT.


Then while nag build up mo sa emergency fund and later on investible fund, STUDY or RESEARCH about mutual funds or UITF. Naay daghan personal finance blogs about it, google lang, or attend financial talks. Knowledge is power. Mutual funds and UITFs are very good financial vehicles para "hassle-free" stock market investing (newbies), pang-beat sa inflation labina ga sige lang saka ang tuition, and for LONG-TERM goals which include college education sa kids because of money cost averaging (i-google lang ni).


Insurance is for protection for the emergency fund ug investments ug dili mo-end up nga magka utang-utang. Tao lang ta, very vulnerable sa sakit ug sa mga accidents. If we want to protect the FUTURE of our kids that even though ma-hospitalize ta or simbako mawa ta nga mao ray gisaligan nila, naa gihapon maka support nila financially labina sa education nila.

[ashley85]

up up up for today

[ashley85]

up for this thread

[sammedriano]

I'd 1+ on this.

Mutual fund is a really great vehicle for investing; however what's the point of investing if all your investment goes to your debts when you meet an accident? Better yet, prepare for an emergency plan ( about 4-6 month of your monthly salary); then start investing in mutual funds.

Ang first sa jud buhaton is pag save para EMERGENCY FUND kay mao lagi mo invest naka pero in times of emergencies nga could happen anytime, anywhere i-withdraw ra japon ang gi invest kay way lain ikagasto. Mao ni nga need sa open BANK SAVINGS ACCOUNT.


Then while nag build up mo sa emergency fund and later on investible fund, STUDY or RESEARCH about mutual funds or UITF. Naay daghan personal finance blogs about it, google lang, or attend financial talks. Knowledge is power. Mutual funds and UITFs are very good financial vehicles para "hassle-free" stock market investing (newbies), pang-beat sa inflation labina ga sige lang saka ang tuition, and for LONG-TERM goals which include college education sa kids because of money cost averaging (i-google lang ni).


Insurance is for protection for the emergency fund ug investments ug dili mo-end up nga magka utang-utang. Tao lang ta, very vulnerable sa sakit ug sa mga accidents. If we want to protect the FUTURE of our kids that even though ma-hospitalize ta or simbako mawa ta nga mao ray gisaligan nila, naa gihapon maka support nila financially labina sa education nila.