The Beauty of Investing

We have misconceptions in life that we, right and there, save in banks if not piggy banks. For a common Filipino family, it's a tradition to set aside savings in the bank. Many believe that putting their money in bank deposits/saving accounts is the best way to grow their money and keep it safe. The reality is, savings and time deposits are earning 2.75% or even less than that annually. With inflation currently at 3.6%, the purchasing power of your money will diminish over time.

Instead of make your money sleep in the bank, make you money grow to achieve better growth potentials. The key is to invest in stocks. Investing is the process of using money (called “capital”) to buy stocks that you think will generate acceptable return over time, making you wealthier with each passing year.

Good investments are the soundest way of growing wealthy but can take time, perhaps even years, to work out because we live in an uncertain world. But variability and volatility are our friends in investing, the greater risks they take, the greater earning potentials it pertains.

"You don't have to work hard to earn money. Make money work for you."