Many people has been emailing me lately on my site at Mutual Funds Philippines and asking me what books they would recommend to get started on investing in mutual funds and investing in general. The first books I read was written in local language so I can not recommend that one. But for other people who understands english I would recommend the following books.
Think and Grow Rich by Napoleon Hill
The all time best seller. This is the first book I have read and it completely changed my life. I wanted to make money work for me instead of me working for money. And change starts within oneself. To be rich, you have to think rich then grow rich, money will materialize as you think and act on it. This is the best book to start.
Rich Dad Poor Dad by Robert Kiyosaki
Many people don't like Robert Kiyosaki because they said that the thing he written in the book are not real or that he is just making things up. I always believe that, learn from anything. Learn from anything you can. Absorb knowledge like a sponge and it will come back and help you out making decisions. My stand on Robert Kiyosaki making things up in his book is of little importance for me. You don't have to know if Jack and the Beanstalk is real to know the moral lesson of the story. People are just making excuses not to do what the books says.
The Warren Buffett Way
What better there is to learn about investment rather than to learn it from the pro. Warren Buffett is a full time investor, one of the wealthiest man in the world, a philantrophy and has his own book telling the secret in stock investing. He clearly states to watch out for the quick buck and always took the time to plan and research before investing. Knowing what companies will be an asset for the long term and stop looking for the get rich quick type of investments on the stock market.
Thursday, June 11, 2009
Thursday, May 28, 2009
Good Time To Invest In Mutual Funds
What is the best time to invest in mutual funds? If you find yourself asking this question then my friend, the time is NOW. There is no best time to invest in mutual funds but now. The reason is because mutual funds are always increasing. Remember, mutual funds are ALWAYS on the rise. Because it is a pool of money spread across all kinds of investment vehicles. The goal of mutual funds is to gain at a relatively slow process with time. So the longer you prolong your investing, the more you lose money.
Thursday, May 21, 2009
So My Mutual Funds Are Earning!
I spent almost 100k on my mutual funds investment and I just received my monthly report. It profited this month by 5k. This 5k is a profit that my money has worked for me. I didn't do any work aside from buying shares with my extra money and look at how much it earned me. This will continue to increase as time goes by because of compound interest.
Now lets do some little prediction. If this month I earned 5k from 100k investment. And if I continue to increase my investment 100k every year. In 4 years I have 400k on my mutual funds and after 4 years I'll be earning 20,000 per month passively. Without even lifting a finger. Of course it is just an estimate as I did not account for the compound interest that my initial 100k has earned after the first 3 years. It should be more that 20k per month.
If you want to know more about mutual funds Philippines and investing visit our site.
Now lets do some little prediction. If this month I earned 5k from 100k investment. And if I continue to increase my investment 100k every year. In 4 years I have 400k on my mutual funds and after 4 years I'll be earning 20,000 per month passively. Without even lifting a finger. Of course it is just an estimate as I did not account for the compound interest that my initial 100k has earned after the first 3 years. It should be more that 20k per month.
If you want to know more about mutual funds Philippines and investing visit our site.
Saturday, April 25, 2009
I Forgot To Buy Funds On My Mutual Funds
Man, I am so busy today that I forgot to buy some more shares. This is probably the best time to invest and invest in mutual funds simply because the economy is starting to get on track.
If you are an investor and an opportunist, YOU HAVE TO INVEST IN Mutual funds in the Philippines to be financially free. That's all, bye for now.
If you are an investor and an opportunist, YOU HAVE TO INVEST IN Mutual funds in the Philippines to be financially free. That's all, bye for now.
Monday, April 6, 2009
Mutual Funds the 2nd Best Investment in the Philippines
I have watch a tv show previously aired on the Philippines. Its about the top ten lists on where to wisely invest your money. I can't remember most of them but I will just tell you what is the top 3.
3rd Place: Invest in Stocks
The stock market is a high yield and high risk kind of investment that lets ordinary people, with the help of a stock broker to buy stocks or share of a certain company open on the stock market. The idea of the stock market is to buy or sell part of the company known as stocks.
Many people have been rich doing day trading and many people lost a lot of money as well. One of the most successful there is is Mr. Warren Buffet. He is the best investor there is and on the 2nd richest man in the world. While most people will buy and sell stocks. Mr. Buffet will buy and KEEP stocks. This way, he will have recurring income from the companies' profits and will be there as long as the company keeps earning.
The good thing about investing in the stock market is that, it helps the country even more when people are not doing businesses.
2nd Place: Mutual Funds
The idea of mutual funds is for any ordinary people who:
- DO NOT KNOW HOW TO INVEST in the stock market
- Has small money to invest
Mutual funds is a great way to invest your money for as low as 5000 pesos only. What mutual funds do is that it pools and gathers little investors. Pool their money and assign a manager to buy and sell stocks for them. The manager must be educated and experience so that the money will be spread to many kinds of stocks and equity that will make the funds stable and secure a growing interest.
Mutual funds is also tax exempt. Which makes it good. It also is great for young people to get started on investing in stocks because of it compounding interest. To know more about mutual funds Philippines, please visit the site.
There is also a great list of mutual funds in the Philippines you can choose from.
1st Place: Government Bonds
Government bonds are the best. Because whatever happens. The government will always pay you. If they run out of funds, they can just always print money to pay you. The idea of government bonds or t bills is that you lend money to the government at a certain period of time. Much like a time savings account on a bank and the government will pay you with high interest for lending.
These are great investments to get into and much much much more better than savings or time deposits at bank because of high interest.
If you are not an experienced stock investor or don't trust the government then it is the very best option to go for mutual funds.
3rd Place: Invest in Stocks
The stock market is a high yield and high risk kind of investment that lets ordinary people, with the help of a stock broker to buy stocks or share of a certain company open on the stock market. The idea of the stock market is to buy or sell part of the company known as stocks.
Many people have been rich doing day trading and many people lost a lot of money as well. One of the most successful there is is Mr. Warren Buffet. He is the best investor there is and on the 2nd richest man in the world. While most people will buy and sell stocks. Mr. Buffet will buy and KEEP stocks. This way, he will have recurring income from the companies' profits and will be there as long as the company keeps earning.
The good thing about investing in the stock market is that, it helps the country even more when people are not doing businesses.
2nd Place: Mutual Funds
The idea of mutual funds is for any ordinary people who:
- DO NOT KNOW HOW TO INVEST in the stock market
- Has small money to invest
Mutual funds is a great way to invest your money for as low as 5000 pesos only. What mutual funds do is that it pools and gathers little investors. Pool their money and assign a manager to buy and sell stocks for them. The manager must be educated and experience so that the money will be spread to many kinds of stocks and equity that will make the funds stable and secure a growing interest.
Mutual funds is also tax exempt. Which makes it good. It also is great for young people to get started on investing in stocks because of it compounding interest. To know more about mutual funds Philippines, please visit the site.
There is also a great list of mutual funds in the Philippines you can choose from.
1st Place: Government Bonds
Government bonds are the best. Because whatever happens. The government will always pay you. If they run out of funds, they can just always print money to pay you. The idea of government bonds or t bills is that you lend money to the government at a certain period of time. Much like a time savings account on a bank and the government will pay you with high interest for lending.
These are great investments to get into and much much much more better than savings or time deposits at bank because of high interest.
If you are not an experienced stock investor or don't trust the government then it is the very best option to go for mutual funds.
Thursday, February 26, 2009
Bond Mutual Funds Guide Intro
by Mutual Funds Philippines
If you are in to investing you’ve probably encountered and heard this term a lot. Well if you’re not, then your luck has brought you here for you to read this article. The word bond means a debt security issued by a company, municipality, or government agency. The term bond mutual fund is an investment company created exclusively to manage a pool (the fundamental concept behind mutual funds in which a fund aggregates the assets of investors who share common financial goals.) of portfolios (investments) consisting for the majority part of individual bonds. To a restricted level, bond mutual funds may also spend in other types of securities. Investors acquire shares in the fund. Each share represents a relative ownership interest in the pool of bonds comprising the fund's portfolio. Professional money managers use the money invested by shareholders to buy and sell bonds for the portfolio in harmony with the fund's investment intention. Bond mutual funds have several important advantages that differentiate them from individual bonds. On top, many bonds make permanent interest payments. On the other hand, a bond mutual fund, which is a dynamically managed portfolio of different bonds, does not have a maturity date, nor are its dividend payments fixed. A bond mutual fund's diversification (spreading your investments across different asset classes or different types of investments within an asset class) decreases exposure to risk. There are no guarantees when investing in a bond mutual fund. Even if the individual bonds in the fund are guaranteed by the government or insured through a private insurer, the value of a bond mutual fund investment can still rise or fall.
If you are in to investing you’ve probably encountered and heard this term a lot. Well if you’re not, then your luck has brought you here for you to read this article. The word bond means a debt security issued by a company, municipality, or government agency. The term bond mutual fund is an investment company created exclusively to manage a pool (the fundamental concept behind mutual funds in which a fund aggregates the assets of investors who share common financial goals.) of portfolios (investments) consisting for the majority part of individual bonds. To a restricted level, bond mutual funds may also spend in other types of securities. Investors acquire shares in the fund. Each share represents a relative ownership interest in the pool of bonds comprising the fund's portfolio. Professional money managers use the money invested by shareholders to buy and sell bonds for the portfolio in harmony with the fund's investment intention. Bond mutual funds have several important advantages that differentiate them from individual bonds. On top, many bonds make permanent interest payments. On the other hand, a bond mutual fund, which is a dynamically managed portfolio of different bonds, does not have a maturity date, nor are its dividend payments fixed. A bond mutual fund's diversification (spreading your investments across different asset classes or different types of investments within an asset class) decreases exposure to risk. There are no guarantees when investing in a bond mutual fund. Even if the individual bonds in the fund are guaranteed by the government or insured through a private insurer, the value of a bond mutual fund investment can still rise or fall.
Wednesday, February 18, 2009
A Guide In Mutual Funds
Mutual fund investment is probably the easiest type of investment vehicle for anyone who wants to earn residual income and compound interest overtime.
What mutual funds do is to keep the income of the investor mainly because its interest. The compound interest from adding investment into the funds will compound and will earn money till retirement.
To know how to invest in mutual funds. There is a mutual fund guide written on the link provided.
What mutual funds do is to keep the income of the investor mainly because its interest. The compound interest from adding investment into the funds will compound and will earn money till retirement.
To know how to invest in mutual funds. There is a mutual fund guide written on the link provided.
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