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.

Venezuela as a Cautionary Tale on #SahodItaasPresyoIbaba, Nationalistic Pride, Welfare State Economics

The Sunday Guardian Years ago, I wrote about Venezuela's pride and protectionism , under a more "formal" style of writing compared to my latest posts. I decided to use an even "less formal" and "less academic" tone since I'm not writing a term paper. Instead, it's like how a professor and a student discuss the thesis using first person over third person, using contractions, etc., while the thesis doesn't use such tones. Back on track, I thought about the arrest of Venezuelan President Maduro can spark debate. Was it a violation of sovereignty? I'm no expert on international law. However, Venezuelans can be seen celebrating Maduro's arrest. Right now, I'm using Gemini AI and Google search to help me find some sources for this blog. It's because I don't want my blog to become another gossip central, but a place to discuss facts with my own personal opinions (making sure they don't derail the facts). I used Venezuela ...

Communist Vietnam's Great Leap Forward in Agricultural Production

I remember reading through Third World to First by the late Lee Kuan Yew. It's very easy to use the book to badmouth the Marcoses but not to learn from the rest of it. The book also talks about Vietnam and LKY's encounter with the late Nguyen Duy Cong aka Do Muoi. It's often said that Singapore only opened because of its lack of natural resources. On the contrary, Do Muoi decided to learn from Singapore how to turn the Communist Party of Vietnam into a powerhouse. Do Muoi, though a communist , was impressed by Singapore during his October 1993 state visit. Vietnam, unlike Singapore, is a country rich in natural resources. The third-world mentality said that MNCs are there to rape the resources . A very huge misconception especially if you know Singapore's history Some Filipinos on social media even say that FDIs will destroy agriculture and nature. This is a meme by the Philippine Anti-Fascist League on Facebook. They say that FDIs equals environmental degradation. Yet...

Filipino Manufacturing's Golden Age ENDED Because of the Filipino First Policy

Here's a picture from the Dose of Disbelief Page on Facebook. Here's something that it wrote: Filipinos once trusted locally made products more than imports. Before World War II, the label "Made in the Philippines" carried prestige, not stigma, reflecting a strong sense of national confidence in domestic production. Local products such as shoes, cigars, textiles, furniture, and food were often preferred over imports. This preference was rooted in the belief that local goods were better adapted to local conditions, tastes, and were often of comparable, if not superior, quality. This period showcases a strong historical era of consumer nationalism and thriving local industries. We need to look into the context of Filipino history If we look at the Philippine history timeline , we must account for 1935-1940, during which the Philippines was under the Commonwealth government. Independence was declared from Spain on June 12, 1898. However, there was a transition period w...

Sentimentalism Over Adobe Could've Killed My Finances

Why did I drop Adobe? It's because the subscription rate is rather ridiculous (read here ). That's why I'd recommend shifting to Affinity Photo for a one-time purchase (that's probably until a super new version comes out). I looked into this video, thinking about how Adobe was once my get-go. I remember recommending Adobe Photoshop to people--whenever I saw people using Microsoft Paint. Adobe Photoshop was the get-go. I often called it "MS Paint but much better." Eventually, I Googled for "Adobe Photoshop substitutes" and discovered Affinity Photo . True, Affinity Photo can't do animated GIFs . However, one could still draw several frames and get some other program, or an online service to create animated GIFs. I tried Affinity Photo and got convinced that buying it at USD 25.30 (price may increase any time soon). Affinity Photo was learning all over again. However, it was worth relearning since I'm not a professional graphic artist. I just ...

Bo's Coffee Club Proves Filipino Businesses That Innovate Can and Will Survive Against Foreign Competition

All the cries that foreign investors will automatically crush the local industry are just false. The first proof is how Jollibee managed to prove itself against McDonald's first in the Philippines and now in the world. Now, it's time to feature Bo's Coffee Club. Although I'm not such a big fan of coffee clubs myself (since I prefer tea)--I think it would be time to talk about another creative entrepreneur known as Steve Benitez. Steve is the founder of Bo's Coffee Club way back in 1996 and it's still going strong today even when there are other alternatives such as the tea shops which are popping up left and right. Endeavor Philippines said this very positive thing about Steve himself as the founder of the famous local coffee shop: Fast forward to 2015, Bo’s Coffee sets itself apart by serving customers with authentic and unparalleled Filipino hospitality and is vying with international chains, such as Starbucks, and even some local copycats. Bo’s Coffee is in f...

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