Why I've Chosen to Invest in Indexes, Not Axies

I guess it's more than time to tackle on Axie Infinity again. Last time, I wrote a post where I talked about how Axie Infinity promised riches but brought disaster. I even laughed writing about how someone may be dismissing AXA but playing Axie Infinity thinking that it's an "investment". Instead, it might be wise to get an Index Fund that will start with a minimum of PHP 1,000.00 or higher. GInvest (which has both ATRAM and Seedbox involved) allows some people to start investing for as low as PHP 50.00 though it might be wise to spare PHP 1,000.00 instead. There are two index funds namely the Philippine Stock Index Fund and the Philippine Equity Smart Index Fund--both focused on the Philippine Stock Exchange Index (PSEI).

I still remember I wrote about the irony of gambling but not investing. I guess people will find buying index funds or indexes boring. What I noticed after I bought my indexes (and again, I wouldn't tell how much I've placed and neither should you)--it does start to get "boring". It's because the plan is investing long-term and I can't magically turn the hands of time. Yet, I've had a bad habit of checking the investments nearly daily because I might plan to buy yet on a dip or because I check my virtual tree on GCash on a daily basis. It does get "boring" after buying because the prices don't automatically go up or down. Instead, the one thing about stocks is that you may even have to wait longer before you can score big with the buy low then sell high. That's why some people lose the stock trade. It's because of a lack of patience.

I think people "invest" in Axies because it's more exciting. They want the thrill and excitement like people in cockfighting. I call the game like it's cockfighting. Yet, the problem of the exciting part is when the excitement dies. Sure, it's exciting to bet money but that excitement ends when you lose the bet. The Axies are just like fighting cocks--you can't always guarantee your win. It's like betting on horseracing where the outcome is more random than stock performance. You can't guarantee your win. That's why I've avoided Axie Infinity like a plague. I once fell into a pyramid scheme in college and had bad customer credit 10 years ago. Why should I let Axie Infinity be my next mistake?

Sure, investment can be "boring". I can't help but fidget (at times) when the money I placed isn't moving up yet. Yet, that's something I must expect because I plan to invest long-term. It's a downward cycle right now with the stocks. Yet, Warren Buffett's advice is to buy undervalued stocks and hold them. Buffett also suggests buying index funds because of the lower management feeds. Mutual funds end up having higher fees due to how they try to outperform the market. Index funds simply try to mirror the market which lowers the risk overall. The index fund is best bought and held. I intend to invest for at least five years then maybe pull it out and reinvest it in the banks. I plan to put at least PHP 1,000.00 per month in any of the funds which are at a "dip". I reached my target for one fund, but I feel I need to reach the target amount for another. It might be "boring" at first but there's something to look forward to.

At the same time, setting some money aside for investment curbs my spendthrift tendencies. I remembered having some money I was tempted to splurge. I wanted to buy this and that. The solution became to invest some money in bonds since I was still scared of stocks. I ended up getting a long-term negotiable certificate of deposit (LTNCD) next. Now, I feel I have some confidence to indirectly get into stocks with the index fund program. I'm just starting small for now but I hope to make it bigger overtime with a monthly or quarterly commitment.

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...

Having the BADLY NEEDED Tenacity to Hold My PSEi Related Investments During INEVITABLE Paper Losses

I decided to do a portfolio review, especially because Christmas to New Year is around the corner . I thought about checking my AXA Chinese Tycoon Fund. For the sake of confidentiality , I wouldn't give out the exact loss. I was tempted to sell my AXA Chinese Tycoon Fund (which was at a paper loss , not an actual loss) and go for cryptocurrency . However, after looking at the ghost of Quadriga-CX Crypto Scam made I said, "I need to stick to what Warren Buffett said about the stock market." Buffett's advice doesn't require an MBA or even a PhD in business administration to understand them. Instead, I was looking at these lessons that Buffett such as: If I'm not willing to open to own a stock for 10 minutes, I shouldn't think of owning it for ten years! Definitely no day trading for me! The stock market is a device that transfers money from impatient people to patient people. I have to be more patient as the stock market inevitably corrects itself, unless t...

External Validations, like Masters and Doctorate, Mean NOTHING with a LOUSY Education System

I have the tendency to use my MBA as a license to avoid criticism. It's a real problem that some people use their credentials and/or academic achievements to try and win an argument. One incident I wrote about was Rep. Raoul Abellar Manuel flexing his "smarts" by using his cum laude degree to win the argument . It was all about how I would often say, "You're the moron because I have the MBA and you don't." There are times I felt like taking an MBA would make up for my "moral shortcomings" during high school when I was barely passing (and the passing rate was 80% , which is rather high), that I wasn't having honors, and that there was this saying, " Thou grades shalt determine thy future! " That, of course, has led to the reality where cheating is prevalent . I wanted to make a review. I took my MBA in 2011 and graduated in 2014. I always felt that the MBA program was what I needed to become "invincible". It was also at ...

COMMUNIST Vietnam Has Defeated DEMOCRATIC Philippines Again This 2025

Cổng thông tin Trung ương Đoàn TNCS Hồ Chí Minh A few days ago, I wrote about warning Filipinos that they shouldn't wait for more unmitigated typhoon disasters, before realizing that the Filipino First Policy isn't working ! There's a statement that says, "Just because being tanga (inattentive) is libre (free), doesn't mean you should be tanga!" Analyzing the different policies: why policies matter I found a Business World article, written by Cesar Polvorosa, Jr., on my Facebook news feed discussing the Vietnamese economy . In fact, it would be better to share some hard truths that the article offers about what really went wrong with the democratic Philippines compared to Communist Vietnam : DIVERGENT ECONOMIC MODELS Vietnam pursued an export-oriented manufacturing strategy which has proven significantly more successful over the past half century than the Philippines’ service-heavy, remittances-dependent model . Export performance alone tells a compe...

It'd Be Stupid to Continue Using Obsolete Chinese Language Textbooks to Teach Mandarin Chinese

I remember writing about how to make Mandarin Chinese more accessible in the Philippines . I remembered the day when I ended up not liking school not because I didn't want to learn. I was eager to learn. Science and history are interesting subjects. However, mathematics is taught in such a way that it's almost irrelevant. "You just need to study it, it's required by the DepEd and you can't graduate without it!" was the only reason. You're not allowed to think, just be a robot, and then parents get mad about why their children have almost no initiative and need to be programmed like robots. It's because the school system kills initiative and nobody does a robot's job better than a robot . Bahay Tsinoy, museum of Chinese life in the Philippines I just found this photo shared on Facebook. It was the picture of childhood trauma that I'd like to talk about. The standard Chinese textbook. At first, I was excited to learn Chinese but that excitement ...

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