MANILA, Philippines - Many Filipinos are now looking for investing options that can allow them to save for the future.
UTrade head of research Lexter Azurin said instead of just depositing money in a bank, which has low returns, Philippine stocks are a stable long-term investment, given that the economy has been performing well and that inflation is projected to be low in 2015.
UTrade is the online securities brokerage of Unicapital Securities, Inc. (USI).
"To accommodate Filipinos’ needs for a convenient investment service, we created a unique program that they can invest in over the long term, called SIP," Azurin said.
UTrade’s Stock Investment Program uses a peso-cost averaging strategy, in which a fixed amount is invested over the long term at regular intervals on a particular stock. Since this does not rely on the current purchase price of a given stock, the cumulative average of the investment will result in a profit in the long run.
Read more at Click here / www.trade4x.net
UTrade head of research Lexter Azurin said instead of just depositing money in a bank, which has low returns, Philippine stocks are a stable long-term investment, given that the economy has been performing well and that inflation is projected to be low in 2015.
UTrade is the online securities brokerage of Unicapital Securities, Inc. (USI).
"To accommodate Filipinos’ needs for a convenient investment service, we created a unique program that they can invest in over the long term, called SIP," Azurin said.
UTrade’s Stock Investment Program uses a peso-cost averaging strategy, in which a fixed amount is invested over the long term at regular intervals on a particular stock. Since this does not rely on the current purchase price of a given stock, the cumulative average of the investment will result in a profit in the long run.
Read more at Click here / www.trade4x.net
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