For just Php 10,000, you can now get high interst yield through LBC’s Royal Earner.

Interest is tax free is you choose the 5 year term.

For inquiries, you may call 1-800-1-888-86-86 (toll free). For Metro Manila, you may call 899-86-86 

If you have heard of UITF or mutual funds, then make sure you understand that past performance is not indicative of future results.

Last year when the stock market was riding on its wave of success, both Philamlife and Sun Life are bragging about the returns they provided to clients. Return are in double digits.

If you invested last year, then you’ll surely be disappointed just like me. Instead of earning high returns, these funds are earning huge losses. The best thing to do is to wait until the market recovers. And who knows when that would happen.

Again, another lesson learned the hard way. 

One of the most awaited stock to list this year is Splash Corp. The company is the maker of fast selling personal skin care products such as Biolink, Theraherb, Extracts, Maxipeel.

The company founded in 1985 grew from a backyard business to a Php 4B enterprise. It’s corporate history is worth studying and emulating.

Splash is offering 30% of its stocks to the public at a price of Php 8.98. It is very difficult to buy shares even if you have an account with stock brokers.

To get hold of Splash shares, call up First Metro Investment Corp and ask for the small investor program.

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.