Mutual fund...MF...Equity...Bonds....
What do I know about these financial terms? Not much, I am afraid. But I am trying to learn more about the financial world. After all, it's part of our lives.
Since I don't earn (aside from shopping money I earn from blogging), I try to help hubby by budgeting our finances, encouraging him to invest and suggesting where to invest our savings.
We already have a mutual fund. We invested in MF last year. It is not doing well right now. I even read that some people have withdrawn their investments for fear of the NAVPs going zero. According to experts, it's not likely to happen.
So we're staying put. And we're positive it's going to rebound later on. The sooner the better of course. Although our investment in MF is for long term.
As I have said, NAVPs are down right now. I read that it is the best time to invest, albeit with a little caution.
So now we're thinking if we should invest on another MF. It's really tempting but quite scary too.
Anybody knows a thing or two about these things?
I guess I should read and research more.
4 comments:
Definitely I'm not the right person to give you advices on this. hehehe!
But according to Buffet, "Be greedy when other are fearful, and be fearful and others are greedy." It's how he became a billionaire.
That sound simple, doesn't it? Hahaha! Let's see what we'll decide later on..
Thanks for that quote :)
hi!
josiet, its not the right time now to invest ur money, ang dami nang na bankrupt, some of my friends lost their money and milyonis pa jud because of investment... its better to keep ur money right now, some banks were being closed kawawa naman ang hindi na insured...
^^to the above comment: Thank you. Please write your name so I know who you are :) Merry Christmas!!!
Post a Comment