Saturday, December 21, 2013

Investment and Mutual Funds Earnings



Here's a real-life, data driven lesson for everyone.

If you open an investment account (via Colfinancial, Philam, Sun, etc.) worth P5,000, with a cumulative 48% returns in 5 years:

Investment: Your P5,000 will have become P7,400 even while you're sleeping.


Traditional Savings: If you have P5,000 in a bank, after 5 years, you have P5,052.


LESSON: Save up wisely.


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The author is a licensed financial adviser and has a master's degree in Political Science, International Relations. Feel free to reach him via horebelliot @ yahoo.com




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