You found a job—great work! As you adjust to earning and managing your own money, you make sure to save for your future. But after a while, you might wonder: is simply setting money aside enough? That’s when the next step becomes important—finding ways to grow your money through investing.
Why investing matters for starters
Investing isn’t about understanding complicated charts or predicting market swings. It’s about making your money work harder for you while you focus on your career. For young professionals in Cebu, it’s a way to prepare for life goals like buying a car, building a home, or supporting loved ones.
In reality, you don’t need to be a financial expert to get started. Investing today is much more accessible, thanks to widely available financial information and having the right bank partner.
If you’re new to investing, consider these practical tips to get started:
- Time in the market versus timing the market. Instead of worrying about when to invest and trying to pick the right time, build your investment steadily. By putting in money regularly, you average your costs and diversify your risks over time.
- Start now, start small. No need to wait until you have P10,000 or P50,000 or P100,000 in your savings. With as little as P1,000, you can begin investing in unit investment trust funds (UITFs).
- Choose the right financial partner. Don’t fall for get rich quick schemes: if it’s too good to be true, it likely is. When it comes to your money, pick the right financial partner that offers security and stability like BDO.
Sign up for Easy Investment Plan
Once you’re comfortable to start investing, the next step is building momentum and that’s where BDO’s Easy Investment Plan (EIP) comes in. EIP lets you invest in funds that fit your budget. You can choose from a wide range of peso and dollar denominated UITFs, whichever match your risk profile and investment goals.
- Flexible options: Pick between low-risk money market funds or growth-oriented equity funds to help you stay invested across changing market conditions.
- Affordability: Start with as low as P1,000 or $200 every month via auto-debit facility to save you time.
- Convenience: Invest with ease via BDO Invest Online or at any branch.
With BDO-managed UITFs, you won’t have to figure out everything on your own. These funds are managed by professionals who constantly monitor the markets and make investment decisions on behalf of clients, so you can focus on staying consistent.
If you’re ready to take the next step, visit your nearest BDO Cebu branch to explore your investment options with our financial experts