Oh my! Where have all the time gone? So fast time flies, didn't notice that my blog was almost empty for 2 months! But I made it a goal to blog more often this September and my target is to have at least 6 blogs for this month. So let's start with this very informative financial article I would like to share to you.
As a financial advisor, I often get the question, "what is a mutual fund?" Obviously, to a lot of Juan Dela Cruz, this supposedly a basic form of investment was never a general knowledge. At school, financial education was not a subject of importance. So for us to be able to know our options regarding financial planning, I suggest you educate yourself and be responsible in getting information about financial education through reading and consulting financial advisors. You do not need to follow all their advice, what you need is the knowledge you can get from them and the options they can give you and from there you can choose what financial plan suits best for you.
Now, back to our main topic, according to Wikipedia:
A mutual fund is a type of professionally managed collective investment vehicle that pools money from many investors to purchase securities. While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies." Most mutual funds are "open-ended," meaning investors can buy or sell shares of the fund at any time.
For simpler terms, mutual funds is a pooled money from investors being managed by a professional fund manager who is then responsible to buy securities (bonds, stocks, etc). The fund manager will be the one to analyze what would be the best security to buy in order for the money to grow. Mutual funds entwines risk in investment. For people who wants to invest in this kind of investment vehicle, as with any other investment, you need to understand it first before throwing your money in. Your profile as an investor should be taken into consideration as well as your current financial status and goal so as to minimize the risk of losing money.
In my honest opinion, mutual funds is one of the best investment vehicle for the ordinary Juan Dela Cruz. Why? Because it does not need a very large amount of money to start investing and it helps our money grow faster than that of savings and time deposit. Remember, investing is different from plainly saving.
If you want to know more about mutual funds, you may watch this detailed video from Sunlife
Here is another informative video, this time from Peso and Sense
If you are interested to know more about mutual funds and other forms of investment, I would be more than glad to share my knowledge to you! Just contact me and I would be happy to accommodate you.
Stay postitve! And pass it on!
As a financial advisor, I often get the question, "what is a mutual fund?" Obviously, to a lot of Juan Dela Cruz, this supposedly a basic form of investment was never a general knowledge. At school, financial education was not a subject of importance. So for us to be able to know our options regarding financial planning, I suggest you educate yourself and be responsible in getting information about financial education through reading and consulting financial advisors. You do not need to follow all their advice, what you need is the knowledge you can get from them and the options they can give you and from there you can choose what financial plan suits best for you.
Now, back to our main topic, according to Wikipedia:
A mutual fund is a type of professionally managed collective investment vehicle that pools money from many investors to purchase securities. While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies." Most mutual funds are "open-ended," meaning investors can buy or sell shares of the fund at any time.
For simpler terms, mutual funds is a pooled money from investors being managed by a professional fund manager who is then responsible to buy securities (bonds, stocks, etc). The fund manager will be the one to analyze what would be the best security to buy in order for the money to grow. Mutual funds entwines risk in investment. For people who wants to invest in this kind of investment vehicle, as with any other investment, you need to understand it first before throwing your money in. Your profile as an investor should be taken into consideration as well as your current financial status and goal so as to minimize the risk of losing money.
In my honest opinion, mutual funds is one of the best investment vehicle for the ordinary Juan Dela Cruz. Why? Because it does not need a very large amount of money to start investing and it helps our money grow faster than that of savings and time deposit. Remember, investing is different from plainly saving.
If you want to know more about mutual funds, you may watch this detailed video from Sunlife
Here is another informative video, this time from Peso and Sense
If you are interested to know more about mutual funds and other forms of investment, I would be more than glad to share my knowledge to you! Just contact me and I would be happy to accommodate you.
Stay postitve! And pass it on!
