Rising tiger

A slow start for MT101 this 2013. This is technically my 2nd post. A lot of crazy things just happened so I am going to try and bounce back. Although it's a slow start for MT101 this year, it has been a great start for the Philippine economy. The world bank even quoted us as the 'Rising tiger'. And yes, you're reading the same blog, this is still MedTek101 and I am going to say something about the economy that might help us Med teks too. Remember my first post of 2013? I said something about investments. I actually did my own research on investments and tried it last year. As I have said, our economy is growing so if you're planning to invest or earn more money from your savings, the right time is now. Here's a little something I learned that you can do aside from just putting your money on your savings account:

Get a Mutual Fund. A Mutual funds is a collection of money or funds that came from different individuals, investors and/or corporations. The funds are managed by a fund manager who will invest the collected funds/money through stocks, bonds, money market or another mutual fund. There are a lot of great mutual funds to choose from and some of them only requires you to start at Php 5,000.00 to Php 10,000.00. Banks like BPI and Metrobank (FAMI) offer mutual funds.

Retail Treasury bonds (RTB). These are government bonds. If you're worried about scams, then I'm sure that the government will not scam you. You can start as low as Php5,000-25,000. You earn a fixed amount of money every three months up to the end of contract which can go up to 10 to 20 years. I think they offer RTB's only twice a year. But if you're interested, you can inquire and avail through government owned banks like Land Bank.

Time deposits. Not sure about stock investments or mutual funds or RTB's? Try time deposits. Just make sure that the interest rates are higher than the inflation rate. I think that the inflation rates these days are 4-5%.

Invest in the stock market. In times like these, there is no better way to enjoy a rising economy but to invest through the stock market. It's so easy to invest through stock now. There is an online stockbroker known as the COL Financial group (former Citiseconline) which offers to be your stockbroker at a low investment of Php 5,000. They will even give you a free seminar on how to invest wisely. You earn money through dividends and capital appreciations. Ah...the terms are a bit technical but it just means you gain money over a long period of time. You buy shares from big companies then you gain when they gain.
To get an easier, non-technical approach of the stock investment, get the FREE ebook about investing, just click this link ===> http://bosanchezmembers.com/amember/go.php?r=15799
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Disclaimer: Investments involve substantial risks. Medtek101 and/or the author of MedTek101 does not make any guarantees or promises as to any results obtained from reading this blog. The reader should not make any investment decision without consulting his/her financial advisor or conducting his/her own research.