Have the confidence to follow your dreams knowing you and your loved ones’ are protected from unexpected financial burdens of a critical illness and common diseases in the Philippines.
Life insurance plan that’s easy on the budget and allows you to enjoy life while financially protecting you and those you care about.
KanDuu covers you, so you CAN DO everything you want in life with no hesitations.
We’ve made it even more convenient for you to enjoy life with our hassle-free payment system by giving you the freedom of choice. Choose a payment method that is more suitable for your needs.
Investing may seem complicated. But really, you don’t need to memorize financial tricks and terms to grow your money. Here are nine investment hacks you should learn by heart.
1. Start early and invest for the long term
The earlier you invest, the more your money will grow, especially when you invest for the long term. Besides, starting early allows you to develop good money habits that will last you a lifetime.
2. Automate your money management system
Once you’ve decided how much you’d want to save or invest every month, set up automatic transfer in your bank account so a portion of your money will go to investments. This is more convenient and effective.
3. Every amount matters
Don’t wait to accumulate a big amount to start investing. A small amount can be invested, too. Start with the required minimum, then just add in the succeeding months.
4. Don’t put all your eggs in one basket. Diversify
This may be one of the oldest investment tips of all time, but it still remains a wise strategy. Do not put all your money in one investment fund. Invest in different funds from different companies.
5. Buy blue chips
If you want to invest in the stock market, invest in a blue-chip stock or shares from large, well-established, and financially sound companies that have operated for many years. Since these companies are considered “giants,” they are more stable and are not likely to go bust.
6. Invest in variable life insurance
You can also grow your money while getting lifestyle protection. Popularly known as variable life insurance (VUL), these plans provide you with both a life insurance and investment option. FWD’s VUL plans offer lifelong protection and earnings through an investment fund of your choice.
7. Pay attention to fees and commissions
Actively managed funds have higher expense ratios than index funds. The lower the fees, the more investment you’ll make.
8. Assess your investment portfolio annually
Be aggressive when you’re younger, more conservative when you’re older. You can hold more stocks at the beginning and then rebalance your portfolio with balanced or bond fund afterward.