Author Topic: Mutual Fund or UITF? (Read 71214 times)

rhadamantus · « **Reply #345 on:** Nov 29, 2011, 01:07 PM »

i don't think that is the context that you should take what i have written.

when i said "bandwagon mentality", people do something- in general- when they see a lot of people are doing it. commodities, fad, fashion, market outlook, investments, etc. look around- if there is a craze on something- may it be havaianas (sp?) slippers or a new MLM venture or Facebook- people get involved by droves there.

it is the same reaction for an average person who suddenly found himself with extra cash who wanted to grow it. not everybody has the patience and discipline to research and learn and sit around on a newfound knowledge and opportunity to further study it. personally, they ought to have but they never do. of course, this is not me saying an average person remains to have that "bandwagon mentality" forever. what happens after the initial experience varies.

of whether an average pinoy is a spender or a saver is an entirely different bucket to rattle.

Quote from: happyknappy on Nov 29, 2011, 11:01 AM

ano ba naging basehan ng the average person has a bandwagon mentality? dahil ba ito sa mentalidad na average Pinoys na pag may uso bibili... pag may bagong gadget bibili?

I think most of Pinoy (agree with sir allan) is definitely spenders, Even I admit na spender ako minsan...

how about opening a savings account and saving monthly? would you consider it as going with the flow?

If it's spending yeah.. I definitely agree na joining the bandwagon ay normal sa average Pinoy / even most satin..

pero sa investing...... hmm this would be different as it involves risk of losing money..

joconcepcion · « **Reply #346 on:** Nov 29, 2011, 02:37 PM »

1. Can i open a UITF Account under my son's name, without going personally to the bank? or

2. open an account under my name and my son's name can be, in (1) certificate?

nickraquel · « **Reply #347 on:** Nov 29, 2011, 06:41 PM »

Quote from: joconcepcion on Nov 29, 2011, 02:37 PM

1. Can i open a UITF Account under my son's name, without going personally to the bank? or

2. open an account under my name and my son's name can be, in (1) certificate?

For Mutual Funds, you don't need to personally visit them, just send them the application form and deposit slip and your ok.. you may want to check this out.

http://www.mutualfundphilippines.com/p/mutual-fund-application-instructions.html

luranski · « **Reply #348 on:** Dec 01, 2011, 01:01 AM »

Dow is Up big time!

Sana mga funds din natin! =)

happyknappy · « **Reply #349 on:** Dec 01, 2011, 07:13 AM »

Quote from: joconcepcion on Nov 29, 2011, 02:37 PM

1. Can i open a UITF Account under my son's name, without going personally to the bank? or

2. open an account under my name and my son's name can be, in (1) certificate?

pwede yan sir ITR for your son... both MF and UITF...

vernadette · « **Reply #350 on:** Dec 04, 2011, 07:43 PM »

What if ganito po ang naging scenario..

for the first year active mag invest sa MF.. let say every month nag iinvest ng 2K then sa 2nd year.. kung may extra money nalang then on the third year.. wala nang na iinvest.. maybe because nag abroad or something happened pero still the money remains in there, ano na mangyayari sa ininvest ko dun sa MF? pls. enlighten me. thanks.

switchiz · « **Reply #351 on:** Dec 04, 2011, 10:11 PM »

wala pong mangyayari sa MF/UITF investments unless nag-withdraw kayo....

kung may nangyari sa inyo, depende sa 'will' ninyo less taxes mapupunta sa beneficiaries ninyo.

leonine_zafiro · « **Reply #352 on:** Dec 05, 2011, 06:27 PM »

yanzkee · « **Reply #353 on:** Dec 13, 2011, 12:36 PM »

tanong lang super newbie kase sorry..decided to invest but having double thoughts to where? MF or UiTF..advisable din ba ung EIP ng BDO?..thanks appreciate your insights..

note: budget range lower than 10k..

ferrariEverest · « **Reply #354 on:** Dec 13, 2011, 12:59 PM »

Sir yanzkee,
wala ko masyado alam sa UITF/MF, basta pagaralan mo lang.
try mo pag i sipan ang paglagay ng perang yan sa bank products na lang or anything bond-related.
i wont recommend na ilagay mo yan sa kahit anong stocks-related product. lalo pa newbie ka dba.

best suggestion would be... lagay mo yan sa bank products (bahala ka na mamili) tapos ipon pa ng marami (magtipid ng todo!) habang nag-aaral tungkol sa investments.

yanzkee · « **Reply #355 on:** Dec 13, 2011, 02:21 PM »

sir ferrari..question ulit ano ba mga bank products?..un ba ung mga Savings account?..thanks ulit

wintan2006 · « **Reply #356 on:** Dec 13, 2011, 02:59 PM »

@yanzkee,if i may.bank products include savings deposits,time deposits,corporate bonds.meron din silang trust products like UITF.if you want to know more about UITF,pasok ka sa thread regarding UITF.madami kang malalaman dun.

ferrariEverest · « **Reply #357 on:** Dec 13, 2011, 03:02 PM »

yes Sir tama si Ma'am win,
lahat ng inooffer sa bangko gaya ng savings, TD, SDA, RTB, UITF, etc.
TD = time deposit
SDA = special deposit accounts
RTB = retail treasury bonds

yung mga acronyms po matututunan nyo ang mga ibig sabihin nila along the way, basta tuloy tuloy lang ang basa-aral nyo.