pwede naba maka invest ug Mutual Funds ang kids 12 years old and below ?

[edoy]

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hello istoryans, need your advice, kay plano unta nako mao ni ako ihatag as graduation(elementary) gift sa ako anak.di ko ganahan mag time deposit kay gamay ra ug interest minus tax pa jud.ang pangutana nako kung pwede naba maka invest ang akong anak under her name sa mutual funds ug unsa pud name sa financial institution like Sunlife or any other na ma reccomend ninyo. kay sa sun life (ITF-in trust for) raman pwede. gusto unta nako na diretso nalang sa iyaha name para nana xay matutukan na investment vehicle. long -term plan ako gusto more than five years plan.nana man siyay co-op sa CFI ug educational fund sa loyola, gusto napod nako sa mutual funds napod nako ibutamg ang iyang future money. thanks da-an sa maka hatag ug advice.

[kidlovejeayanne]

Mao ni maayo nga ginikanan. Up for you sir! Giplano jd daan ang ugma sa iyang bata.

[kevitzrey]

choia gud sa gift for a kid, hehe..

[simoko]

sa akong anak(12yrs old), didto ko kuha sa BDO(and Generali Pilipinas, BDO's insurance arm)...ValueFlex Secure...50k/annum all invested in equities for now...pwede sya top-ups...naa pod insurance including critical illness...maka switch ka asa nimo gusto e-invest ang imong premiums(equity/balanced/bonds etc.)...ask lang sa BDO for more details...and yes its in his name na, under lang sa care namo him being a minor pa...

naka top-up na sya ug 15k...gikan sa iyang mga pinaskuhan, sobra2x sa baon & discount sa tuition sa school kai na 1st honor man its a good way to encourage him to save kai maka monitor man sya pila na value sa iyang investments...dili na gyud ron pataka ug palit2x...hehehehe...

[makie29]

TIN is a requirement in opening a mutual fund account, dili pa pwede ang 12 year-olds.
The ITF (in-trust-for) that you have mentioned is the best and most convenient way to get an account for your kiddo.

[FAMI Cebu]

Hi everyone!
First Metro Asset Management, Inc. (FAMI) will be conducting an investment talk entitled "Wealth Management and Mutual Funds" on October 24, 2014 - Friday, 5:30 to 7:00 pm, in First Metro Investors Center, G/F Metrobank Plaza Building Osmena Boulevard Cebu City. You may contact us at 520 6958 and look for Ms. Mary Josephine Go.
Hope this helps.
Thank you and hope to see you there!