17 comments

  1. Still stocks investment on blue chips is quiet more profitable when i distribute 100k on 3-5 companies that would yield even better profit from disposing them after 4 years (plus dividends.) Compare them with previous posts here about stocks. 🙂 im happy to have started earlier.

  2. Hi fitz, this is a good post , thanks for the information, any suggestions or alternative on how to pay huge credit card debts, thanks

  3. @KCOM
    Yes, well-placed stock investments do perform better. 😀

    @robby
    You might want to look into this snowball method strategy

    @Joel
    That’s correct, high yield savings and time deposits could never protect you against inflation. However, some conservative UITFs are able to do that.

    Basically, HY savings and TDs are primarily there for emergency fund protection. But for long-term savings, you should really go for moderate to high risk investments which beat inflation rates most of the time.

    Thank you for the thoughtful insight.

  4. American Banco of Asia is now offering a high-yield savings account boasting no fees and very low balance, but high security and highest savings rates. You could see big differences in rates by ABOFA (+16% per year). And fully different savings approach.

  5. Hi Fitz,

    Any sugestions where I can venture for a HY savings and Conservative UITF? By the way, your blog site is really helpful. Thanks!

  6. Inflation will eat up your investment! Stock market is still the uncontested and more profitable than any other investments. Four years of faithfully investing (good companies)a fixed amount monthly would draw a big difference!

    Compounding interest is much seen in stock market if you’re on long term investments!

  7. your blog is very helpful..I hope you could e-mail to me the answer to all my questons..How could I invest safely in stock market?Pls. give suggestions where to invest and process to invest,whom I talk to..thanks!

  8. when is the right time to start investing in stocks and what indicating factors should i be concernd with?

  9. Thank you for all your programs wealth arki sa you tube, podcast, here and sa fb it is very helpful lalo nat a bit of late na ang introduction ng financial literacy as a single mom it is challenging but im getting there and thanks to you!

  10. Truely, there is no definitive answer to where these short term funds should be invested. It really depends on what the need for the money may be and that we can not know for sure until the need pops up. Personally, I do not like having a lot of uninvested cash sitting around, even in a low interest bank account. I tend to keep as much as possible invested in our family business and allow it to compound by NEVER taking out any of the profit. We make a game out of making do with my Wife’s earnings, my SS check and a little now and then from my IRA investments. Now, when several medical (read that expensive) emergencies struck in a row with little time between, we did NOT accept new business nor write new contracts for any new business. We then began to use a little of the profit from our business by not reinvesting to pay the tab for the medical expenses. Without that ability to tap the business when needed, than yes, definitely, we would absolutely have to consider placing more short term money in liquid funds or even low interest bank accounts.

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