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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. 

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