PMT Forum
Do you want to make money today? :)

How to Invest in UITF (Unit Investment Trust Funds) - Part 2

iam · 768 · 238166

speqter

  • Newbie
  • *
    • Posts: 6
    • Likes Received: +0/-0
My head tells me to invest more but my heart says it may go much further down and NOT COME UP AGAIN. But this never happens!

Would you guys recommend to invest more on equity UITF right now? Or would you recommend instead to wait for more news regarding the US quantitative easing decision?

Also, if the US Federal Reserve finally decides to slow down its monetary stimulus, any guess on how much this will impact the PSEi index? Would it be more than 30% decline in a year?


Wadup

  • Junior Member
  • **
    • Posts: 25
    • Likes Received: +0/-0

richpulubi

  • PMT Jedi 2500
  • ****
    • Posts: 2,864
    • Likes Received: +2/-0
Would you guys recommend to invest more on equity UITF right now? Or would you recommend instead to wait for more news regarding the US quantitative easing decision?

Also, if the US Federal Reserve finally decides to slow down its monetary stimulus, any guess on how much this will impact the PSEi index? Would it be more than 30% decline in a year?

I've been buying and buying and buying.  Because of the extreme declines due to Yolanda and all the bad press we got.  I've been buying cuz it will get better before year end and early next year.  And if there will be QE tapering by March,  I'll sell EVERYTHING by february!

Then buy slowly again by April!


speqter

  • Newbie
  • *
    • Posts: 6
    • Likes Received: +0/-0
I've been buying and buying and buying.  Because of the extreme declines due to Yolanda and all the bad press we got.  I've been buying cuz it will get better before year end and early next year.  And if there will be QE tapering by March,  I'll sell EVERYTHING by february!

Then buy slowly again by April!

Thank you richpulubi!
Which specific UITF are you buying?


sphinxz

  • Forum Master 300
  • ***
    • Posts: 390
    • Likes Received: +0/-0
Hi, would just like to ask what are the disadvantages of having an ITF UITF account for my daughter?
She is less than a year old and I'm planning to get an ITF account for her for long term investment. need some inputs this.
Thanks


richpulubi

  • PMT Jedi 2500
  • ****
    • Posts: 2,864
    • Likes Received: +2/-0
Thank you richpulubi!
Which specific UITF are you buying?

Equity in BDO, RCBC, PNB, Metrobank, BPI local Asia pacific, and Global, Odyssey.


richpulubi

  • PMT Jedi 2500
  • ****
    • Posts: 2,864
    • Likes Received: +2/-0
Hi, would just like to ask what are the disadvantages of having an ITF UITF account for my daughter?
She is less than a year old and I'm planning to get an ITF account for her for long term investment. need some inputs this.
Thanks

How big an amount?  If it's about P100K, then 'donate' it to her, so walang tax problems if, God forbid, something happens to you. ITF still undergoes probate kasi.


sphinxz

  • Forum Master 300
  • ***
    • Posts: 390
    • Likes Received: +0/-0
^ minimal lang. actually, maguumpisa lang ako sa 5K. part to ng gifts sa kanya during Christening. since relatively napakahaba ng investing horizon nya, plan ko ilagay sa equity fund. ITF para nakapangalan talaga sa kanya and by the time na at least 5 years old sya, makikita na nya ang "result" ng investment "nya" 5 years ago.

fast forward, assuming 18 years old na sya, ma-aauto convert ba ang ITF into a regular account.. her account na talaga?
or need pa ba na ako talaga ang umasikaso para maconvert ito na hindi na maging ITF? will the conversion treat it as the same account or parang invest ulit na masstart ulit ang counting ng minimum holding period?

salamat po


katkatmachine

  • Forum Expert 600
  • ****
    • Posts: 675
    • Likes Received: +1/-0
^ minimal lang. actually, maguumpisa lang ako sa 5K. part to ng gifts sa kanya during Christening. since relatively napakahaba ng investing horizon nya, plan ko ilagay sa equity fund. ITF para nakapangalan talaga sa kanya and by the time na at least 5 years old sya, makikita na nya ang "result" ng investment "nya" 5 years ago.

fast forward, assuming 18 years old na sya, ma-aauto convert ba ang ITF into a regular account.. her account na talaga?
or need pa ba na ako talaga ang umasikaso para maconvert ito na hindi na maging ITF? will the conversion treat it as the same account or parang invest ulit na masstart ulit ang counting ng minimum holding period?

salamat po

sir, may nahanap akong article about ITF. baka makatulong po. :)

http://retirehappy.ca/use-caution-with-in-trust-accounts-for/


sphinxz

  • Forum Master 300
  • ***
    • Posts: 390
    • Likes Received: +0/-0

yagami_kira

  • Forum Tambay 200
  • ***
    • Posts: 288
    • Likes Received: +0/-0
Equity in BDO, RCBC, PNB, Metrobank, BPI local Asia pacific, and Global, Odyssey.

Richpulubi, do you buy equity fund on all those mentioned? If so, do you think doing it is too overdiversified?


chinito77

  • Forum Master 400
  • ***
    • Posts: 415
    • Likes Received: +0/-0
Equity in BDO, RCBC, PNB, Metrobank, BPI local Asia pacific, and Global, Odyssey.

Wow so many sir.. why don't you buy stocks directly instead?  :scratch:



richpulubi

  • PMT Jedi 2500
  • ****
    • Posts: 2,864
    • Likes Received: +2/-0
Richpulubi, do you buy equity fund on all those mentioned? If so, do you think doing it is too overdiversified?

Actually kulang ang pagka-diversified ko, more of local equities.  I know the people they hire to run these funds are more 'experienced' and 'smarter' that I can ever be.  And I've noticed from the years, one fund does good one year, then iba naman the next year.  Kaya, I'm hoping to average them out!


richpulubi

  • PMT Jedi 2500
  • ****
    • Posts: 2,864
    • Likes Received: +2/-0
Wow so many sir.. why don't you buy stocks directly instead?  :scratch:



Iba kasi ang mindset ng entrepreneur sa stock investor.  An entrepreneur needs a whole lot of positive thinking and enthusiasm.  With sheer willpower and intelligent planning, you can control and grow your business.

Sa stocks, you have to be as cold and calculating as a robot.  And no matter how much positive energy you have, baka bumagsak pa rin ang stocks mo!


mxherr5

  • PMT Idol 1000
  • ****
    • Posts: 1,407
    • Likes Received: +0/-0
Actually kulang ang pagka-diversified ko, more of local equities.  I know the people they hire to run these funds are more 'experienced' and 'smarter' that I can ever be.  And I've noticed from the years, one fund does good one year, then iba naman the next year.  Kaya, I'm hoping to average them out!

As a side note, this is one of the reasons for investing in an index fund.
On average, you will be getting the aggregate performance of all funds.

Still more applicable in the US where there are more funds than listed
companies(daw) and harder to pick the winner.

I myself just choose which ever fund has an "affordable" investment requirement
as my primary criteria, with low fees and convenience as secondary criterias :D


 


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • Niel Jhacoubs: Can someone save me?
    Mar 24, 2020, 01:39 PM
  • Niel Jhacoubs: I'm tired.
    Mar 24, 2020, 01:39 PM
  • Victorvargas: Hello sa lahat po new lang po dito. Hope na marami matutunan ako about business.
    Mar 21, 2020, 09:43 PM
  • Niel Jhacoubs: Yoh, its been a while.
    Mar 17, 2020, 10:33 AM
  • demi07: Hello everyone! New in pinoymoneytalk :)
    Mar 14, 2020, 01:24 PM
  • theappswitch: Hi!
    Feb 25, 2020, 03:14 PM
  • mike2020: hi po sa inyo lahat
    Feb 23, 2020, 11:52 PM
  • Jayjayqwe: hi po
    Feb 19, 2020, 11:27 PM
  • tirs d pip: hello
    Feb 18, 2020, 02:32 PM
  • Ace1105: Hello sa lahat...  :hello:
    Feb 07, 2020, 09:46 AM
  • FREYAHYARA: Anyone knows where Ig shops like styledom.ph, thriftme, instashoppeavenu and the likes get their items for selling. Would like to venture in the same business but would like to know where and who the suppliers are
    Jan 28, 2020, 09:38 PM
  • Niel Jhacoubs: To bpc85 kung nakalagay ang inyong names sa beneficiary list ng iyong ama kay may makukuha po kayo.
    Nov 28, 2019, 02:18 PM
  • Niel Jhacoubs: Hellooooo, its been a while. :)
    Nov 28, 2019, 02:16 PM
  • miakashidou31: hi , meron po ba ditong nagta transfer sa paypal?
    Nov 05, 2019, 01:46 PM
  • whennedy: good noon po
    Oct 18, 2019, 12:04 PM
  • edzlpdac: goood day po sa lahat!
    Oct 12, 2019, 03:37 PM
  • bpc85: ask lng sana ako kung may makukuha ba kami ng Mama ko at ako or mga kapatid ko sa benepisyo ng aming Ama bilang membro ng AFPSLAI. thank you po.
    Sep 27, 2019, 12:52 PM
  • bpc85: Hi guys, im new here,.
    Sep 27, 2019, 12:52 PM
  • Anaperdi: Hi just want to know if meron dito who is into boundary hulog ng motorcycle? For mga riders ng courier. Pwede ba magpashare how it works? Naisip ko lang baka pwede ko ibusiness, meron na pala mga posts online pero di pa clear ang system sa akin. thank  you sa makakapansin
    Sep 21, 2019, 11:32 AM
  • Anaperdi: Hi newbie here..
    Sep 21, 2019, 11:19 AM
  • jprios: May contact ba kayo kung sakali?
    Sep 18, 2019, 06:11 PM
  • jprios: Sino pwedeng mahiraman dito?
    Sep 18, 2019, 06:09 PM
  • kfg52: Present!
    Sep 15, 2019, 07:26 PM
  • juju31: san po ba may nag papahiram dito
    Sep 14, 2019, 07:18 PM
  • juju31: hello
    Sep 14, 2019, 07:18 PM
  • FutureGizmo: Thanks julz! Medyo ganun nga trabaho namin ngayon, to monitor spam posts kasi ang daming spam bots. But thanks for reporting. Auto-ban agad ang spammers sa amin haha
    Sep 07, 2019, 12:17 PM
  • julz: @FutureGizmo si @nikkikv18 just posted more than 10 posts about porn sites. hay, spam.
    Sep 03, 2019, 01:05 PM
  • Cid_brent: sino po dyan pwede magbigay send ng paypal funds and I will pay you using gcash?
    Aug 25, 2019, 08:58 PM
  • Meghan91811: Sino po may alam about Rice Farming...
    Aug 25, 2019, 07:44 AM
  • roselove: hello po sa inyo... newbie here
    Aug 06, 2019, 03:31 PM
  • Niel Jhacoubs: Sino palaging active dito?
    Jul 30, 2019, 04:15 PM
  • dagocjasonrey: Anong update dito?
    Jul 22, 2019, 08:49 PM
  • mark_Lee: anong bago dito
    Jun 28, 2019, 01:03 AM
  • mark_Lee: balita
    Jun 28, 2019, 01:03 AM
  • Lovelyprincess72: hi everyone , I'm newbie here
    Jun 27, 2019, 02:36 PM
  • Niel Jhacoubs: Musta?
    Jun 26, 2019, 01:43 PM
  • Forexanalysis: Hello
    Jun 25, 2019, 06:33 PM
  • Niel Jhacoubs: Hello sa mga online jan! :)
    Jun 15, 2019, 02:58 PM
  • oragon: :applause:
    May 20, 2019, 03:53 PM
  • FutureGizmo: Thank you for reporting those spam posts, oragon! Spam posts now deleted.
    May 20, 2019, 01:59 PM
  • oragon: Admin kindly monitor some peps! posting and sharing inappropriate nude photos and website links
    May 20, 2019, 01:52 PM
  • @culinary10: Hello I am new here! Regarding sa bdo life insurance for 8 years, pwede pa kaya ma refund yung binayad ko na 50k last year? Gusto ko sana icancel kasi lack of financial na, last may 15 2018 po un nag start ako ng life insurance, pinili ko annually kaso etong may 15 2019 wala nako ma ipay so gusto ko sana icash out, may alam ba kayo kung pano marerefund?
    May 17, 2019, 07:56 PM
  • FutureGizmo: Hi Sonny, the posting issue is now resolved. Thanks for informing us! We're currently testing a new, mobile-ready theme so let us us know kung may problema pa sa Forum. :)
    Apr 04, 2019, 10:40 AM
  • sonny.wapak: Nakaka receive din ba kayo nito pag gawa ng new post? "Please try again. If you come back to this error screen, report the error to an administrator."
    Apr 03, 2019, 10:56 PM
  • leonine_zafiro: what product nun?
    Apr 01, 2019, 10:25 PM
  • dhondiex27: hi
    Mar 30, 2019, 10:55 PM
  • lusart: jayrob i agree 200%. hulog ng langit organico. legit na legit
    Mar 29, 2019, 09:08 AM
  • palemelch: Hi
    Mar 28, 2019, 04:08 PM
  • O.C.W._AK: Magandang Araw sa Lahat! Blessings! (",)
    Mar 28, 2019, 08:42 AM
  • thor15: hello everyone, newbie here
    Mar 25, 2019, 01:47 AM