Looking for a place to put your long-term savings? Donâ€™t put it in a savings account! Try mutual funds, so that it earns interest.
Iâ€™ve invested in Phil Equity. It was referred to me by good friend Dexter and confirmed as a good investment for my needs by an officemate whoâ€™s into investing.
This is a start for small investors like me.
I like Phil Equity because of the good reputation and track record theyâ€™ve shown for the past three years or more. One poster screams “Philequity investors doubled their money in 3 years!” Of course those were the early takers and that feat isn’t going to repeat itself soon.
Entry is easy with a P5,000 initial investment plus minimum of P1,000 subsequent investments.
Ideal holding period is 2 years to maximize the returns and interest rates.
I also like the convenience of transactions through eBiz outlets of Western Union. Thereâ€™s a branch near my residence and itâ€™s easy to turn-in my investment after office-hours. Certificates follow a few weeks later so itâ€™s likewise easy for me to drop by to get the certificates.
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