Wise Wealth Builder Investing.Personal Finance.Entrepreneurship

Rich Man is the One who needs the Least

Posted on May 15, 2008

Rich Man is not one who has the most; but one who needs the least.. I read this line first from Alijeffy C. Gonzales of the On your Journey towards financial independence.  Mountain of financial ideas and investment tips you can read in his blog that will surely help you in taking charge of your personal finance.

Here is a short story I snatched from his site:

List of Mutual Fund in the Philippines

Posted on May 5, 2008

Mutual Fund is a company that pools money from many investors and invests the money in stocks, bonds, short-term money-market instruments, other securities or asses, or combination of these investments.

In Philippines, mutual fund is becoming popular for investors generally because of the following advantages:

  • Professional Management - there is a professional money manager dedicated to research,select, and monitor the performance of the fund purchases.
  • Diversification - Don't put all your eggs in one basket. This is one of the great benefits of mutual fund. In mutual funds, your investments are distributed across the wide range of companies and industry sector which in turn lowers the risk.
  • Affordability - You can enroll to a mutual fund to as low as Php 5,000 ($119) initial payment, succeeding purchases or both.
  • Liquidity - It is easy to liquidate. Investors can redeem their share based on the current NAV (Net Asset Value).