Investment Vehicle for P100,000
So after a hard work and full dedication of saving extra money you’ve finally come up with a P100,000. What will you do next? Are you going to invest it in stocks or use it to start business? Are you going to put your hard-earned cash to buy mutual fund or equity fund?
Mark Avenson raised a clever question similar to what we are trying to figure out right now. His question is: “What will I do with my P100,000? Is buying stocks a good option? What stock is profitable?”
Citibank’s wealth advisor in partnership with Inquirer.net provided a smart answer.
P100,000 has a number of investment vehicles to start with. According to them, to find what is suitable for you as investors you should first start with a Financial Check-up .
What type of investor are you? Are you the one who wants to play it safe and have guaranteed returns or do yo want to be more aggressive and take the risk to exchange for potential higher returns?
Investment vehicles highlighted in this article are the following:
- Equity Funds
- Withdrawal Time Deposits
- Bonds, Bond Funds
- Start a Business
Read more detail here.
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