If you have P100,000 and would ask me what I can invest it
in, I would advise you without batting an eyelash, to invest in a mutual
fund. Forget about starting a business
with your 100,000. You know why? If you really know what business to engage
in, you would not be asking me anymore.
You know, If you have attempted
to start a business but failed eventually, then sometimes it pays to look in
another direction. Why go into business
with a high overhead and end up with a deficit and eventually even go bankrupt? There is a better alternative for people who
are still surfing about the best business to start, your money is safely
managed and it could grow depending on the market and economy.
Now, you’ll probably tell me, but I have no idea what a
mutual fund is; what if I lose money in the long run? Well, this I can tell you, all businesses are
risky and all businessmen are risk-takers.
Besides, all businesses need an
initial investment, and so is the mutual fund.
Sadly, only a few percent of Filipinos know what a mutual fund is and
how it works. The science of mutual
fund is still a vague concept to most Filipinos, but that’s the reason why
there are financial advisers and fund managers.
