Unit Investment Trust Fund (UITF) is a pool of investments from various investors like you. It will let you invest with little capital. It’s a good investment vehicle for those starting to invest but with a busy lifestyle. UITFs are offered mainly by banks. On the other hand, insurance companies offer mutual funds. They are almost the same but with […]
Read moreAre you familiar with the rule of 72? I guess some of you might know it well if you are reading investment books and articles online. The rule is just an approximation from the basic formula of compounding interest. In this post, we will focus on how you can quickly compute how long your capital will double in amount. Ton […]
Read moreGood news! Sun Life is now accepting online application for mutual fund accounts anywhere in the Philippines. Now, you can open a Sun Life mutual fund account via online application. It gives you another reason to start investing today! Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified investment solicitor. A multi-awarded financial advisor with clients […]
Read moreI guess you want to invest in mutual funds too? I understand that because it could potentially give you better earnings compared to banks. Oh yes, you can open an account with Sun Life for as low as Php 100, giving you more reasons to start it now! Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a […]
Read moreI started saving money in a bank, just like you, because it’s a good place to keep it safe. But then I realized that there’s something wrong. Imagine for every hundred thousand that I have in my savings account it only earned Php 250. Oh, did I say that withholding tax will still be deducted from it? So I have […]
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