Where to invest your money in the Philippines? Are you asking this question to yourself? Or you’ve been ask by a friend?
If you’ve been reading this blog for sometime now, you maybe aware of some investments instruments I shared on this blog along the way. That’s the main goal of this blog, to share basic financial literacy to everyone that can help us in our financial freedom journey.
On this short article, I will share those previous posts that will give you ideas where to invest your money in the Philippines. This is basically a collection of best articles on this blog.
Where to invest your money in the Philippines
Savings account
Keeping your money in the bank is better than keeping it at home inside your drawer. Savings account will give you interest on your money although not high as the other investments available in the Philippines.
If you’re just starting out or say building your emergency fund, opening or investing your money into savings account would be ideal. You can check my previous post here about savings account in the Philippines.
Time Deposits
If you want higher interest than savings account provided above, but also cannot tolerate the risks involved in other investments, time deposits might be the one for you.
On the article below, you can compare the interest rates of time deposits here in the Philippines and invest in them according to your preference and of course financial goals.
Treasury bills
If savings account and time deposits is not for you, investing in treasury bills here in the Philippines is another option. On this article, I provided some basic and fundamental knowledge where to invest your money in the Philippines in treasury bills. Here’s the link.
Retail Treasury bonds
Investing in RTBs or retail treasury bonds is another good option if you’re looking where to invest you money in the Philippines. This is a “virtualy” risk-free investment since your investment is being handled by the government of the Philippines. Learn more about investing in retail treasury bonds here.
Mutual Funds
Mutual funds is another option where to invest your money in the Philippines. This is basically another paper assets that can help your money grow over time. You can choose different types of mutual funds depending on your financial goals and preference.
The good things on investing in mutual funds is your money is being managed by a professional fund manager. Lear more about mutual funds here.
Unit investment trust fund or UITF
UITF is another option is you’re looking for ways where to invest your money in the Philippines. This is somehow the same with mutual funds although UITF is being offered by the banks while mutual funds are being offered by mutual fund companies. UITF can really help your money grow over time. Learn more about it here.
Stock Market
If you want higher potential earnings and can tolerate higher risks, investing in the stock market might be your option. History proves that investing in the stock market over the long period of time beat all the other “paper assets” investments available in the Philippines.
Of course, history doesn’t guarantee future returns so we need to make sure we are aware about the process, the rules, stock market terminologies and other related things about the stock market before starting.
You can also check my 4 companies offering FREE investing in the stock market seminar here and attend to them to gain more knowledge before starting.
YOURSELF
Yap you see it right! Investing in yourself is one of the best investment you can have anywhere you are. This is basically the first step we need to have before taking any investing instruments mentioned above.
All investments mentioned above takes time to grow including yourself. Take time and start small. Start with the basic. Start with in yourself.
Investing in yourself is the only instrument that can pay you more than 1000% returns over the long run. Investment in knowledge pays high interest as what the quote says. We need to invest time, effort and money to grow ourselves.
It can cost a lot of sacrifices upfront but the future rewards are awesome. This can be the best way to grow our money and grow our personality. Not only that, investing in ourselves can open more door of opportunities and lead us to brighter future.
This is the best investment we could ever have.
Hi! You have made the comparisons simple and in layman’s term. It is also a good thing that you have included the links to other articles for more information. Great article, very informative,
I want a good investment with good return and no publication