Friday, September 14, 2007

Gambling on Mutual Funds (UITF)

A MUTUAL FUND is a pool of assets managed by an investment company engaged in buying and selling securities on a regular basis - commonly banks or other financial services firms. These banks/firms have team of financial analyst/consultants who act as brokers in buying and selling stocks or other marketable securities in behalf of the fund. The "FUND" of course is from various investors/depositors who gets a certificate of unit of investment based on the Net Asset Value (NAV) per unit of the fund as of investment date. The NAV per unit is based on fund performance and on the stock market in general. The fund managers decide on which security and when to invest.

So, if today you invested in a mutual fund, your share of that fund will be computed simply as follows: Assuming the value of Total Fund today is Php90, you invested Php10 making the Total Fund Php100. Say the NAV today is Php5/unit. So, as of investment date, the fund has 20 units of investment and you own 10% or 2 units. If next month the stock market went up, that will surely drive the NAV up! Say it went up to Php10/unit, you now have Php20 from Php10 in just one month. In the same way, you can totally loose your money if the stock market plunged to its lowest. And these investments are not covered by PDIC.

This explains the financial wealth of stock brokers/ analysts/ consultants. They manage funds, not their own money, and get big commissions from big time gainers. They understand the market and can read and make good decisions out of market indicators.

I actually tried investing and lost Php 30,ooo as of today. Its now 3 months old. What i did not know when i put the investment was that the Philippine stock market is reaching its record high (in June 2007)! Which only means i will only realize gain when the stock market will reach a new record high. Tsk tsk. Gambling.

26 comments:

Anonymous said...

nyaks! you afford to lose P30,000? Bigtime Edwin!!!

Anonymous said...

As little boy in the 60's, my late dad and uncle would go to Session Road next to Session Theatre. There was this place where they would check on their stocks. Fast forward in 1998, my late uncle's daughter showed me how the stock market works for hours! Honestly, I never understood a thing. Few months later, found out she and husband lost close to half-million pesos. The only thing about this scenario is that both their boys are out of college and quite well-off. Like you said, aahhh life is also a gamble.
Well, hope you will recover some of that amount. Cheers!

admin said...

deuts, ofcourse not.. that's as of last week and i am hoping to recover or gain something someday.. i know it will happen this year haha! if its break even at year-end then i'll just pull it back.. at least i gained EXPERIENCE hehe..

trublue, thanks. thats the Coyiuto securities in session road. years ago i always ask myself whats going on inside whenever i pass by. it gets busy every 3pm.

that half million is a lot of money! the question is, where did it go? hehe i cant even answer myself in my case. cheers!

marky said...

hayz..wrong move..also planning to invest in mutual funds..but decided to invest the money to open a computer shop..our feasib says that my 750k investment will be recouped in about 6 months..hopefully we meet the target..anyway the feasib was quite conservative..so were really expecting to exceed our initial targets..hayz..pera..

admindude said...

Yaiks, sayang yung inyong 30k. Sana ipinautang mo na lang sana sa akin hehe. I read somewhere that one can now invest in the stock market through the internet so one does not have to have a stockbroker. I don't know the site to go to though :-)

admin said...

just to update guys.. my UITF jumped by 80 points cutting my loss down to 15k! hehe.. malapit na mabawi.

marky, welcome to my blog! wow thats a good start. if only i have the guts to let go of my "career" and start a full time business..

hi bill, if i only knew hehe. yup i've heard of the online investing but i dont think it will work dito sa pinas.. wala pa yata. for sure investors wont trust such system. and unlike in the US, its hard to catch and prosecute cyber criminals..

tubbykat said...

hi edwin, i've also invested in Mutual Funds and the Stock Market, and I was a bit lucky coz when I invested in MF, the NAV was still a bit low, so I earned a wee bit from that. But the trick with MFs kasi, once you gain a little, shift it to another fund (like Bond or Money Market) which is less volatile, but the gains are also quite minimal. When the NAV of your preferred fund hits an all time low (like now), then shift it to that fund so when it hits an all time high, you get something out of it as well ;). My stocks are all down now, unfortunately, due to the subprime crisis in the US. Hopefully I ROI when the PSEi hits 4200 this June 2008 based on projections from brokers and investment houses. I'm not sure if UITFs allow fund-shifting, but my MF in Sunlife allows four (4) free fund shifting each policy year. You might want to check that out also ;) But just hang in there til mid-2008, hopefully we all make truckloads of moolah by then :D

ChantillyBunns said...

hi edwin, you can also try to lower the cost of your investment by placing additional investments. This is so you can recover your investment s at an earlier time should you need it.

Anonymous said...

Good for people to know.

Anonymous said...

Hello!
You may probably be very curious to know how one can manage to receive high yields on investments.
There is no need to invest much at first.
You may begin earning with a sum that usually goes
for daily food, that's 20-100 dollars.
I have been participating in one project for several years,
and I'll be glad to let you know my secrets at my blog.

Please visit my pages and send me private message to get the info.

P.S. I make 1000-2000 per day now.

http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

Anonymous said...

My friend and I were recently discussing about how modern society has evolved to become so integrated with technology. Reading this post makes me think back to that discussion we had, and just how inseparable from electronics we have all become.


I don't mean this in a bad way, of course! Ethical concerns aside... I just hope that as the price of memory falls, the possibility of transferring our brains onto a digital medium becomes a true reality. It's one of the things I really wish I could experience in my lifetime.


(Posted on Nintendo DS running [url=http://kwstar88.livejournal.com/491.html]R4i SDHC[/url] DS QDos)

Anonymous said...

philippine dating service [url=http://loveepicentre.com/]positive singles[/url] cd music singles http://loveepicentre.com/ philippines meet singles

Anonymous said...

weight loss meal plan [url=http://usadrugstoretoday.com/categories/ayuda-para-dormir.htm]ayuda para dormir[/url] womens medical group of irvine http://usadrugstoretoday.com/categories/ayuda-para-dormir.htm gi diet breakfast recipes http://usadrugstoretoday.com/products/serevent.htm
farmacos para la diabetes mellitus [url=http://usadrugstoretoday.com/products/buspar.htm]buspar[/url] diabetic care medicine [url=http://usadrugstoretoday.com/products/lanoxin.htm]ldh blood count[/url]

Anonymous said...

sacred heart church bronx sepp [url=http://usadrugstoretoday.com/products/tegretol.htm]tegretol[/url] urinary track infections http://usadrugstoretoday.com/categories/sleeping-aide.htm multi vitamin safe children http://usadrugstoretoday.com/products/singulair.htm
japanese tea bowls cincinnati [url=http://usadrugstoretoday.com/products/trimox.htm]trimox[/url] benefical bacteria [url=http://usadrugstoretoday.com/index.php?lng=uk&cv=po]dhp sexual enhancement drug[/url]

Anonymous said...

multple choice questions for medical student [url=http://usadrugstoretoday.com/products/fluoxetine.htm]fluoxetine[/url] midwest center fo stress http://usadrugstoretoday.com/products/remeron.htm curing intestinal infection http://usadrugstoretoday.com/products/sublingual-viagra.htm
man muscle butt [url=http://usadrugstoretoday.com/products/aleve.htm]aleve[/url] health risks due to the addiction of trazodone [url=http://usadrugstoretoday.com/products/luvox.htm]identify pain pill[/url]

Anonymous said...

drug abuse crossword puzzles [url=http://usadrugstoretoday.com/products/lamictal.htm]lamictal[/url] antibiotic finish http://usadrugstoretoday.com/products/confido.htm ballard health club seattle http://usadrugstoretoday.com/products/baclofen.htm
grinnell regional medical center [url=http://usadrugstoretoday.com/products/nimotop.htm]nimotop[/url] what is the protein found in the red blood cell [url=http://usadrugstoretoday.com/products/chloramphenicol.htm]newest depression medicine[/url]

Anonymous said...

what are normal blood sugar levels [url=http://usadrugstoretoday.com/categories/birth-control.htm]birth control[/url] lloyd center pharmacy portland oregon http://usadrugstoretoday.com/products/glucophage.htm womens weight loss houston http://usadrugstoretoday.com/products/rhinocort.htm
drug awareness grants [url=http://usadrugstoretoday.com/products/nimotop.htm]nimotop[/url] impurities in mineral oil [url=http://usadrugstoretoday.com/categories/anti-herpes.htm]diet healthy information pill[/url]

Anonymous said...

medicare pay for performance preventable medical errors [url=http://usadrugstoretoday.com/products/gasex.htm]gasex[/url] legacy of kain blood omen strategy guide http://usadrugstoretoday.com/products/digoxin.htm ultrasound image downs syndrome http://usadrugstoretoday.com/products/purinethol.htm
nitrate erection [url=http://usadrugstoretoday.com/products/premarin.htm]premarin[/url] otic drops without prescription [url=http://usadrugstoretoday.com/products/wellbutrin-sr.htm]tia after blood draw[/url]

Anonymous said...

http://myladydragon.net/forums/viewtopic.php?f=10&t=3327 http://www.amplifiedwebdesign.com/darktowerforum/viewtopic.php?f=2&t=238841 http://www.jitsphil.com/forum/index.php?topic=152217.new#new http://havehogwilltravel.com/forum/viewtopic.php?f=5&t=28879
http://www.pgceapply.co.uk/forum/viewtopic.php?f=4&t=44139 http://www.prachinburi.go.th/webboard2/index.php?topic=161.new#new http://www.agentstepp.com/forum/viewtopic.php?f=2&t=194612 http://vuinhutet.com/forum/viewtopic.php?f=6&t=71552
http://clubvaqueroslaguna.com/2009/foro09/index.php?topic=294322.new#new http://www.therealmsofelenthia.com/phpbb/viewtopic.php?f=25&t=45464 http://liquidcorporation.net/mentorship/forum/viewtopic.php?f=2&t=140400

Anonymous said...

how did dear johnny die in the movie then and now [url=http://moviestrawberry.com/films/film_chain_link/]chain link[/url] guess who movie quotes http://moviestrawberry.com/films/film_blood_car/ decon movie company
jimmy carter movie [url=http://moviestrawberry.com/films/film_paranoid_park/]paranoid park[/url] movie beyond valley of the dolls http://moviestrawberry.com/films/film_freebird/ video home movie show
sapphiric erotica movie clips [url=http://moviestrawberry.com/films/film_melody_70/]melody 70[/url] freaks dvd movie
youtube lesbian movie scenes bound [url=http://moviestrawberry.com/films/film_the_avengers/]the avengers[/url] kotz chemistry movie http://moviestrawberry.com/films/film_gary_unmarried/ movie short circuit
movie undertaking betty [url=http://moviestrawberry.com/films/film_marlowe/]marlowe[/url] hindi movie amanush http://moviestrawberry.com/films/film_wise_blood/ transformers movie reviews

Anonymous said...

music title offshore [url=http://mp3-s.co.uk/all_music-hesed-vs-aka-119909-1/]Hesed vs aka[/url] bg2 music converter http://mp3-s.co.uk/all_music-renk-12-1/ all lil wayne music codes
trust company music [url=http://mp3-s.co.uk/all_music-guerilla-black-featuring--jazze-pha-113483-1/]Guerilla Black featuring Jazze Pha[/url] pulaski ny music festival 2007 http://mp3-s.co.uk/all_music-ola-jagun-n-his-ancestral-rhythms-4-1/ losing music on ipod
black gospel music charts [url=http://mp3-s.co.uk/all_music-john-tilbury-phrenesie-2-144470-1/]John Tilbury-Phrenesie 2[/url] latgharine lee bates music
famil force 5 music lyrics [url=http://mp3-s.co.uk/all_music-phunk-junkeez-132798-1/]Phunk Junkeez[/url] difference between digital and analog usage in music http://mp3-s.co.uk/all_music-papacha-8-1/ my bofriend is music lyrics skye
geman music [url=http://mp3-s.co.uk/all_music-paul-lamb-and-the-king-snakes-44707-1/]Paul Lamb and the King Snakes[/url] wave music system http://mp3-s.co.uk/all_music-milo-13-1/ listen to free opera music

Anonymous said...

You will discover just so numerous different types of folding stools you can get nowadays, the activity of searching and getting 1 might be daunting. You might quite possibly see stools that might be utilized for several purposes even though in other situations, you will see stools which have particular intended usage. For example, using a folding bar stool, besides seated on it, you perhaps can place smaller goods within the seat as temporary holding spots. Nevertheless, a folding shower stool for that other hand is created only to be used for seated while the user will take a shower. As a result, in the event you wish to pick the correct folding seat stool for yourself and like a gift for someone else, you could have to possess know a few essential points prior to investing the funds on it.You'll be able to will need towel pubs to hang all sorts of towels inside your bathing room. This really is particularly accurate in some properties, where by wet towels are left to dry within. The pubs will have to be sturdy and tough enough to deal with the weight of just one or two wet towels.

Like all other bathroom accessories, the pubs exactly where you hang your towels face towels, and clothes have to have to need to stylishly complement the surrounding interior pattern. Several contemporary designs are easy, requiring only a single pipe of metal and corresponding fasteners. Other people are created old-style, with intricate styles on iron pewter cafes. It might support need to you select those bars that may possibly match the seem and finish from the visible pipes in your bathing room, to add to that unified seem.



[url=http://www.walk-in-tubs.me/refreshing-baths-with-walk-in-bathtubs/]Refreshing Baths with Walk in Bathtubs[/url]
[url=http://www.walk-in-tubs.me/accessories-for-the-accessible-bathroom/]Accessories for the Accessible Bathroom[/url]
[url=http://www.walk-in-tubs.me/house-safety-for-seniors/]House Safety For Seniors[/url]


[url=http://www.walk-in-tubs.me/]Walk In Tubs[/url]

[url=http://www.walk-in-tubs.me/accessories-for-the-accessible-bathroom/]Accessories for the Accessible Bathroom[/url]
[url=http://www.walk-in-tubs.me/the-wonders-of-walk-in-bathtubs/]The Wonders of Walk-In Bathtubs [/url]
[url=http://www.walk-in-tubs.me/medicare-mistakes-that-could-prevent-walk-in-bathtub-reimbursement/]Medicare Mistakes That Could Prevent Walk in Bathtub Reimbursement [/url]

Anonymous said...

You'll find just so many several types of folding stools you are able to get nowadays, the process of searching and buying 1 may be daunting. You may possibly maybe see stools that might be used for multiple purposes although in other circumstances, you’ll see stools that have particular intended usage. For instance, using a folding bar stool, apart from sitting down on it, you potentially can location smaller things within the seat as short-term holding spots. Nevertheless, a folding shower stool for the other hand is developed only to become used for sitting down though the user will take a shower. Consequently, if you desire to select the correct folding seat stool for your self and like a gift for someone else, you've got to have know several essential points prior to investing the funds on it.It is possible to need towel bars to hang all sorts of towels within your bathroom. This is especially accurate in some properties, wherever by wet towels are left to dry within. The bars will have to be sturdy and durable enough to take care of the weight of a single or two wet towels.

Like all other bathroom add-ons, the bars exactly where you hang your towels face towels, and clothes have to have to need to stylishly complement the surrounding interior design. Several modern styles are uncomplicated, requiring only just one pipe of metal and corresponding fasteners. Others are made old-style, with intricate designs on iron pewter pubs. It may aid should you pick individuals bars that may perhaps match the seem and finish with the visible pipes in your bathing room, to include to that unified seem.



[url=http://www.walk-in-tubs.me/set-up-the-excellent-handicapped-restroom-with-guidance-from-the-handicapped-powder-room-instruction/]Set Up the Excellent Handicapped Restroom with Guidance from the Handicapped Powder room Instruction[/url]
[url=http://www.walk-in-tubs.me/crucial-handicapped-shower-accessories/]Crucial Handicapped Shower Accessories[/url]
[url=http://www.walk-in-tubs.me/privacy-policy/]Privacy Policy[/url]


[url=http://www.walk-in-tubs.me/]Walk In Tubs[/url]

[url=http://www.walk-in-tubs.me/house-safety-for-seniors/]House Safety For Seniors[/url]
[url=http://www.walk-in-tubs.me/handicap-showers-making-showering-safer-for-that-disabled/]Handicap Showers - Making Showering Safer For that Disabled[/url]
[url=http://www.walk-in-tubs.me/medicare-mistakes-that-could-prevent-walk-in-bathtub-reimbursement/]Medicare Mistakes That Could Prevent Walk in Bathtub Reimbursement [/url]

Anonymous said...

PPC Ad
very handy, thanx a lot for this article .... This was what I was looking for.

Anonymous said...

car jack lift audi a4 owner b r auto wrecking charcoal canister evaporative solenoid toyota exoticar las vegas auto body shop

Anonymous said...

If you suffer from depressive disorders, you should think about using colour as a way of producing oneself feel great. Studies have shown that colours could have significant impacts on an folks individuality. More specifically, this has been shown the coloration environmentally friendly may be used to aid ease despression symptoms in certain folks. [url=http://www.ss12w12ws.info]Appenffk8dti[/url]