It Might Be Better To Save Up a Bit First Before Investing on GInvest

I have decided to try GInvest and I ended up selling a few investments off with little gain or at a minimal loss. The offer of starting to invest for as low as PHP 50.00 or PHP 1,000.00 is rather new. Most of the time, investment is focused on huge amounts. This is pretty much petty cash investments for beginners. The big hang is GInvest doesn't offer that your PHP 50.00 will become high. Instead, the reality is the market value of the money is based on the number of units x Net Asset Value Per Unit (NAVPU). So, buying only PHP 50.00 may be barely a unit meaning it's not going to yield much. Only a scam will offer a PHP 50.00 investment that will multiply itself rather fast.

What I did (at first) was to put some money here and there to give them a shot. What I figured out it's not a feasible thing to do. It might be better to slowly plan even before making one single GInvest purchase. It would be good to look at some factors like "Is the NAVPU low today?" A lower NAVPU would mean having more units bought at the minimum. GInvest would have a certain number of days before buying or selling so think properly. How much money do you intend to put? I made a messy portfolio before because of that. We learn from mistakes, right? It's a good thing I decided not to put too much money in it either not, especially after I got phished.

The recent products of GInvest have different units. The Philippine Stock Index fund means investing for only PHP 50.00 will mean you get only 0.053 units as of recent. That's barely one unit because the current NAVPU is PHP 936.99. Meanwhile, if you decide to save up to PHP 5,000.00 then you get 5.34 units estimated with the NAVPU of PHP 936.99. Some investments have lower NAVPU which means buying more units. Right now, a lot of the investments are down so it might be a good idea to invest a bigger amount that's not needed for now. That is, don't invest the money you need to pay for bills. Instead, invest the money that was set aside for investment.

I think it might be best to invest every quarter. Maybe set aside PHP 2,500.00 for investment (for every quarter) if PHP 5,000.00 is too big. I think it would be best to look at which investment will get you more units. One mistake I did was to simply put the money in when it was at a high. Buy high, sell higher isn't for everyone. Some people do that because they have the money or capacity to do so. Buying low and selling higher might be better for some. It's not a one size fits all arrangement. It might be time to modify the budget. Budget for necessities, budget for wants, and now add a budget for investment. It might be time to reduce the wants for the time being. It's like how I decided to forego buying stuff I wanted in exchange for an investment.

Right now, I think the monthly investment reminder may not work for me. I might as well think of saving more money again. I decided to forego buying more of my wants in exchange for budgeting needs. It might be best not to even invest at all if the NAVPU is at an all-time high though money cost averaging (for one particular investment only) may be better. I want to diversify and I plan to put a minimum certain amount of money (won't tell, should've done it earlier) per GInvest product. It would be to reach a target diversified aim. That way, things can be planned than just dropping that PHP 50.00 or PHP 1,000 for the sake of it.

Is Jollibee "Invading" South Korea Now as It's About to Acquire 70% of Shabu All Day?

I must confess that I find this new rather hilarious . It's because the word shabu is often associated with drugs. All the while, shabu shabu is a Korean delicacy! Well, I'm going to say that Jollibee Foods Corporation has now become a multinational buyer . Jollibee acquired 70% of Compost Coffee back in 2024 . This year, Jollibee as a multinational corporation is now acquiring Shabu All Day for PHP 5.1 billion pesos. Is Jollibee checkmating South Korea or is the Philippines conquering South Korea not just by OFWs but als through Jollibee? The answer is still no. From GMA News , we can read this article by Jon Viktor D. Cabuenas: Under the deal, Shabu All Day will be consolidated into Jollibee Foods Corp.’s (JFC) financial statements immediately upon completion of the acquisition for a total consideration equivalent to KRW127 billion. Completion of the transaction is subject to closing and financing conditions. The acquisition is expected to lead to a 2% jump in revenues, incre...

[UNPOPULAR OPINION] Why People Power Anniversary Should Be a Special Working Day Instead

As a blogger, I shouldn't turn on the PC in hopes of becoming popular . It should be to turn on the PC and blog to make a difference . Right now, I think about the controversy when President Ferdinand "Bongbong" R. Marcos Jr. declared the 1986 EDSA Revolution's anniversary as a working holiday . The call for some of the "minority lawmakers" is that they want to return the People Power Anniversary to a regular holiday once more. There are times I feel like, "Should we let it be a regular holiday again, so as not to repeat the Marcos dictatorship?" Sadly, the real answer is that the Philippines has been relying too much on EDSA , so it's practically ending up like Nokia . I was thinking about the reality of February being the most hectic month. February only has 28 days (and February 25 is near the month's end ). I thought that the Philippines also has too many national holidays more often than not. In fact, the Inquirer article written by...

Why I Believe Economic Cha-Cha is Needed to Curb Exodus of Filipino Nurses

I was looking at the Facebook feeds and I found an interesting feed. It's from the Inquirer's Facebook page and I'm finding some interesting comments here . I'm really thinking about the economic ignorance of some of the comments. I won't be naming them out specifically. If I did, I'd probably have too much to mention. The level of ignorance can go with subsidies, wage increases, and better healthcare systems, but for some, when I mention open economies-- it seems that somet of them are more than willing to say, "But foreign investors will invade us!" type of talk. I'm getting fed up with such kind of talk. I would like to explain how economic charter change is badly needed if we expect more Filipino workers to stay in the country. One article I wrote some time ago was the myth of invading other countries through labor export and foreign investment . The proof that it's a myth is that the Philippines has been sending nurses abroad. If my estim...

Helping Others is Good But Not to One's Own Expense

I advocate for helping others. I believe in helping others but there were times I overdid it. One time, I gave up so much that I had to be stopped. I was told, "If you gave everything now, how can you help others later?" I would donate some sums here and there, without thinking much. I'm not going to write them all. Some of them left me good while others left a bad taste (and a bad record) for me to endure. Sure, I want to help people but I tend to overlook the consequences. Some of the bad habits I had in the name of helping others are like: Being too generous with buying with credit. Eventually, I lost a lot of money which was never recovered . Some seasoned entrepreneurs may admit their own falls including the credit trap pitfall. Being too willing to give a discount without thinking about how it'd affect profits. Sure, a cheap price can draw people near. However, there are times when the prices of goods and services need to be raised to keep a business running. I ...

The Socio-Economic Cost of Pinoy Pride Economics

Tomorrow is what's commonly referred to as Philippine Independence Day (although the Philippines really became independent on July 4, 1948 ) which falls on a Sunday. Granted, some people will either be in church (or at least online church) so I decided to write this article a day before tomorrow. I feel like writing this article because some people want to achieve "economic independence". I feel this article is badly needed. I may no longer be taking my MBA classes (since I graduated last October 2014) but I feel like writing these essays after recovering (in part) from the disaster known as Typhoon Odette). I read some stupid people on Facebook have said that the Philippines may become richer without foreign investments. I read the posts of protectionist thought leaders of people from Bayan Muna, IBON Foundation (which claims itself to be an economic think-tank), Kabataan Partylist, League of Filipino Students, and the like. It even made me laugh to see how one of the L...

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