I learned that investing is not a piece of cake. Apart from investing in safe instruments like time deposits, the rest requires skills and market knowledge.

The past year saw the rise of the stock market and mutual funds became the in thing. Just as when I placed some money in a balanced fund, the market took a down turn. I actually do not want to look at the net asset value at this time.

Investing in dollar is also jittery. The dollar has fallen from a high of Php 56 to Php 44. I’ve lost money due to the exchange rate difference.

For all its worth, it might still be safe to put your money in time deposit.