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.

Yes to Filipinas Marrying Foreign Men, No to 100% FDI Shares Ownership?!

Today is Valentine's Day. I feel Valentine's Day is plain overrated. Some people just get a date for the sake of it--even if it means enduring that materialistic girlfriend or abusive boyfriend! Isn't romance a year-round thing? A few Valentine's Day ago, I wrote about Filipinas marrying foreigners and that FDI doesn't include Filipinas dating foreigners . This time to add some comedy, I wrote this post. It's something to say, "Yes! Somebody is married to a foreigner!" It's the hype to get job opportunities abroad or to marry a foreigner. Blossoms Why do Filipinos want to marry foreigners? The Blossoms blog writes down the following: Love and Affection: Love is often the primary reason for marriage, and Filipinas who marry foreigners may do so because they have fallen in love with someone from another country. Financial Stability: Some Filipinas may marry foreigners because they believe a foreign husband can provide financial stability and secur...

Facts vs. Gossip: Did Vietnam (According to Filipino MARITESes) Develop from Its Own Treasury Before Opening Up to FDI?

Vietnam Youth Union It's been 80 years since Vietnam achieved its independence in 1945. Some time ago, I wrote about how Vietnam's Doi Moi actually disproves the Trust Me Bro School of Economics . I wasn't too accustomed to researching Vietnam's ironic economic miracle . Vietnam is a one-party state ruled by the Communist Party of Vietnam. The word Communism would evoke fear and terror. What I find funny is that some people are using Vietnam as an excuse not to open up the Philippine economy (read here ). Such misinformed people think that Vietnam "won this revolution," supposedly self-industrialized from its own treasury before opening up to FDI. In short, some people either believe that (1) Vietnam is an example of how a highly protectionist economy works, or (2) that Vietnam made itself rich before opening to FDI. Both of them are lies. I'll focus on the second point for this new blog post! Right now, some people say that I'm just another marites...

China's Real Great Leap Forward and Economic Cultural Revolution Under Deng Xiaoping

Nobody can dare deny that China has become a big superpower. I remembered I went to China last 2007 (which would be more than 10 years ago). China had become such a huge metropolis of power that I'm amazed at it. I was thinking about how Shanghai, Shenzhen, and Beijing were truly magnificent cities before the pollution problem (which should call for eco-capitalist measures). I was thinking about how I never realized China was once dirt poor. Did you know China used to be so dirt-poor? The "economic legacy" of Mao Zedong was a disaster with the so-called "Great Leap Forward". It was a great leap forward all right--a great leap forward to ruin. Mao seeking to avoid the use of foreign resources to launch China proved disastrous. The 1970s would see a dramatic change when Deng Xiaoping finally took over the Chinese Communist Party (CCP). The beginning of the rise of Communist China under Deng's new political policy would pave the way to China becoming a great s...

Going from Tet Offensive in 1968 to Doi Moi in 1986

Foreign Trade University The Lunar New Year isn't just celebrated by the Chinese. Chinese New Year is one form of the Chinese New Year. Other forms of Lunar New Year follow the Chinese New Year cycle, such as the Tết Nguyên Đán of Vietnam, the Japanese Lunar New Year, and the Seollal in South Korea. There's also the Tibetan New Year and the Mongolian New Year. I remember when talking about Vietnam celebrating the Lunar New Year together with the Chinese, my fellow Chinoy made the squity-eyed gesture to talk about most Vietnamese looking like Chinese. Should we even be surprised that there's a Vietnamese student who looks like the deposed Alice Guo, aka Guo Hua Ping? What was the Tet Offensive about? Right now, I want to talk about the infamous Tet Offensive , which was a Lunar New Year attack of January 31, 1968. The Western concept would prefer to talk about it on January 31 instead of the Lunar New Year. A Filipino would probably say, "So what if it was Lunar Ne...

Honoring the Recently Deceased Jose de Venecia Jr. in a Business/Economics Perspective

That's right. Jose de Venecia recently passed away yesterday. As an advocate for reform, it's sad but true that de Venecia didn't win because he was boring . It was easy to think of him as a boring guy. I remember the time when he was called in ISPUP as Yoda De Venecia (after the Star Wars character). I was just a clueless college student at that time when the ISPUP episode was shown. I was only 13 years old when de Venecia ran for president. It was also that era when Joseph Estrada (who's now 88 years old) ran for president, and it was that time when Atty. Hilario G. Davide Jr. (who turned 90 last year) became the chief justice. Just recently, I found this eulogy for JDV. I will not post the whole eulogy, but only the one from the one that would "fit better" for a business-economics blog: He helped advance policies that enabled major infrastructure projects through public private partnerships, converted former military bases into thriving economic centers...

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