Monday, June 13, 2011

Mutual Funds is much better way to Save Money

Gadgets are cool but they are just cool that way. Gadgets can easily be outdated and therefore there is a need to constantly upgrade. It is not a good way to save money. Mutual fund is professionally managed type of investment that pools money from many investors to buy stocks, bonds, short-term money market instruments. There are many companies that sells mutual funds and for the past 3 years, the yield is so good.

Money grows 100% every 3 years here in the Philippines if you invest in Mutual Funds. It is almost risk free. I invested some money 3 years ago and I am so glad that it has doubled eversince. I intend to invest more because well the market is still bullish and is expected to stay that way in the next 5 years.

The companies that sells Mutual Funds are Philequity, Sun Life of Canada, ATR KimEng, and many more. Some companies can allow you to invest as low as Php5000. They have an organization called Philippine Investment Funds Association. Mutual Funds

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