You probably heard the about stock market, and you are quite interested on investing your money to grow instead of just sleeping in the bank. But, you are still a beginner and still trying to learn things about it. What are the ways to start now while learning more about it? Remember time is GOLD! It flies so fast and literally the more you delay it, the less potential you can earn. Average earnings for stock investment is about 10% per year! The best time to invest is now!
But before you proceed, make sure to check out my previous article! “5 Things To Consider Before You Start Investing”
There are two main ways to invest on the stock market. DIRECT and INDIRECT.
DIRECT stock investing means YOU are the one who will decide what company stocks to buy, what price to buy, when is the right timing to buy. I know this is quite hard for a beginner, and time-consuming! Besides, you must buy it when during market hours which is 9:30am – 12:00pm then resumes 1:30pm – 3:30pm!
If you don’t have time for it or your knowledge is not yet enough, then INDIRECT stock investing is the best for you! This is the best way for beginners to invest on stock market. There will be “fund managers” that will do these things for you. Stocks investing through this method is called “Equity Fund” investment. Equity means stock market.
Here are the top 3 ways to invest on stocks for beginners (indirect stock investing):
Unit Trust Investment Fund (UITF)
Let the bank invest for you! They have fund managers that will do the buying of stocks for you. Major banks like BPI, BDO, Metrobank and Security Bank have this. Make sure to invest on the banks you trust! Click here are the top performers for UITF. As of this writing, Security Bank performs the best based from 2017 results. UITF is regulated by Banko Sentral ng Pilipinas (BSP).
Mutual Fund (MF)
This is just like UITF, but the difference is, instead of a bank, a company will handle the things for you. Strong and proven companies like PhilEquity, Sun Life Financial Philippines, First Metro, and Philam. Click here for the performance report for MF. As of this writing, Sun Life, PhiliEquity, and First Metro are the leading Mutual Fund companies based on performance of 2017. MF is regulated by Securities and Exchange Commision (SEC).
Variable Unit Linked (VUL)
This is the most popular of all the three. Why? VUL is a 2-in-1 investment plan. Investment+Insurance. This is the best if you don’t have an insurance yet. Remember my previous article “5 Things To Consider Before You Start Investing“? Before you invest, it is recommended to insure yourself first. This is to protect your investments, yourself, your family and loved ones. This is just a Mutual Fund with added benefits for Life and Health. In case of emergency, you could receive a relatively large amount of money even if your fund is not yet that high.
Top companies to get VUL are Sun Life Financial, and Philam Life. You can also check here for the performance report (just like the MF). VUL is regulated by the Insurance Commission (IC).
If you are interested to learn more, just message me on Facebook (facebook.com/peter7james) or email at p…@outlook.com. Happy Investing! Let’s help each other to grow your money! To a brighter future!
