On Being an Angel Investor

Have you heard about angel investing? 

I came to know about it when I joined pinoymoneytalk.com's forum. In the forum, you will get to know a lot of angel investors -  individuals who invest in start-up businesses in exchange for a higher return than would normally be found in traditional investments. Depending on the nature of their business,  proponents usually offer monthly interest ranging from 3% to 12% based on the amount of investments, which range from P30K to P700K or more. Sometimes, a group of angel investors pool their money to avail themselves of the higher interest rate.

Don't Save Your Money in Banks

That's the most significant learning I got from reading Bo Sanchez's books. No, he is not totally against saving our money in a bank. In fact, he advises all of us to put 3-6 months of our salary in a bank for emergency purposes. Other than that, the rest of our disposable money should not be parked in a bank. Why? Because we will not get the maximum gain if we do so. Not even the time deposit will grow our money exponentially. Even an 8% per annum (this, I think, is the highest rate being offered by one of the biggest rural banks in the country) is nothing if there are other charges that will be deducted once a time deposit has matured.

Tracking the Performance of Mutual Funds and Unit Investment Trust Funds

When I decided to invest in mutual funds (MFs) and unit investment trust funds (UITFs) I knew that I didn't need to track its daily performance since they are meant to be long-term investments. But since I was a newbie in this field, the excitement of seeing how my portfolio perform daily prompted me to visit the websites of the four different investment firms where I put my money.