2013 was really an eye opener for me about investing.
Although I have been investing before when I started working but not much last year.
My first investment if you consider this as investment is to maintain myself free from debts.
When I started working in the 90's I see to it that I pay my retirement pension which is the SSS.
Paying SSS is I think the best first move in investment.
In the 90's I also bought pension plans from other companies which right now I regretted.
Actually I can collect those money in 2020 when I reach 50 years old.
They are not big money but anyway at least I have them. I also bought a farm lot in my province which I already earning, the product are trees.
It is also a very cheap land because it has no title (it is part of a public land which were squatted by farmers, it is actually a nursery for trees).
In the 2000's I bought a lot in the city which is 200 square meters.
Right now the value is high, I mean it earned 50% increase which I think better than my first investments.
I plan to erect a boarding house in it so that I will have a monthly source of income.
Another investment which I have in the 2000's is an apartment in a subdivision but not yet fully paid.
The value of the house is now also high compared when I bought it three years ago.
I still pay for amortization, although it is spread in 30 years, I plan to fully paid it next year so I can use it as collateral for my new project which is the boarding house while I am still employed.
Another investment which I focus last year is the Mutual Fund.
Although I started it in 2006, I did not do my monthly investment because I don't trust the Mutual Fund before.
But in 2012 I found out that the initial investment earned interest that is more than my investment.
It earned more than 100%. In 2012 and 2013 I concentrated in Mutual Fund investment.
I invest in balance fund and equity fund until now and I will do it diligently every month.
My next target is stock market, right now I am constantly monitoring some of the best stocks in my country.
Although I have been investing before when I started working but not much last year.
My first investment if you consider this as investment is to maintain myself free from debts.
When I started working in the 90's I see to it that I pay my retirement pension which is the SSS.
Paying SSS is I think the best first move in investment.
In the 90's I also bought pension plans from other companies which right now I regretted.
Actually I can collect those money in 2020 when I reach 50 years old.
They are not big money but anyway at least I have them. I also bought a farm lot in my province which I already earning, the product are trees.
It is also a very cheap land because it has no title (it is part of a public land which were squatted by farmers, it is actually a nursery for trees).
In the 2000's I bought a lot in the city which is 200 square meters.
Right now the value is high, I mean it earned 50% increase which I think better than my first investments.
I plan to erect a boarding house in it so that I will have a monthly source of income.
Another investment which I have in the 2000's is an apartment in a subdivision but not yet fully paid.
The value of the house is now also high compared when I bought it three years ago.
I still pay for amortization, although it is spread in 30 years, I plan to fully paid it next year so I can use it as collateral for my new project which is the boarding house while I am still employed.
Another investment which I focus last year is the Mutual Fund.
Although I started it in 2006, I did not do my monthly investment because I don't trust the Mutual Fund before.
But in 2012 I found out that the initial investment earned interest that is more than my investment.
It earned more than 100%. In 2012 and 2013 I concentrated in Mutual Fund investment.
I invest in balance fund and equity fund until now and I will do it diligently every month.
My next target is stock market, right now I am constantly monitoring some of the best stocks in my country.