I was retrieving my files when I found this article of mine:
I am planning to invest in a mutual fund but I'm still thinking whether which type of mutual fund am I going to put my money to.
Based from what I know, in a mutual fund, your money is pooled together with other investors and a finance manager (I am not sure if it is right) whose held responsible in deciding where to invest the pooled money.
Maybe I'll put it in a Balanced fund, a combination of stocks and fixed-income investments. Equity fund can be exciting but has the most risk since most of the investments are stocks. But wait! Equity fund maybe has the most risk of losing your money but it also has the highest potential return among these funds. Bond fund, well, can also be an option since it has a fixed-income and also GS fund which invests mostly in government securities. Both of them are low-risk investments. And there is also the money market fund in which you invest your money for a year.
But before all that, I would still have to save, save and save to reach an amount of P10,000. I believe that I can attain that. Well, I hope so. Anyway, action speaks louder than words right? Tehee.
