Philam life Moneywork or directly invest on pure mutual fund + life insurance?

[frazen]

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Hi Guys,

mangau ta ko ninyo ug advise regarding sa investing. I am currently 23 years old and I am planning to start investing now and at the same time mag save sugod para sa akung emergency fund..

I was introduce to Philam life Moneywork product and I am not sure if it is a better option to get rather than directly mo invest ko ug Mutual Fund.

With Moneywork, ang giigon sa agent sa ako kay investment + life insurance daw ni cya... ang policy na iyang g offer sa ako kay for 10years, I will be paying 50k per year or 4k+ per month premium.. after sa 1 year nako I am automatically entitled to life insurance 750k worth of money.. (if kung ang total face value sa akung investment is greater than 750k then ang face value ang worth sa akung death benefits).

so since akung prefer man kay long-term plan (for retirement) ug I take risk daw, ang investment kay ila e allocate sa Equity fund ( Philam Strategic Growth Fund Inc. ). if also I wanted to boost ang face value, pwede daw ko mo top-up ug cash..

now my question is, am I getting the same growth compared sa mo kuha kug purely mutual fund + parisan nako ug dedicated na life insurance? for now akung budget kay 4k (investment/life insurance)..

[makie29]

Get a separate life insurance and mutual fund investment. Your returns are much better plus you are more liquid since the holding period is very short (6 months). Invest in PSGF and get a Guardian plan (term insurance in Philam Life).