Many years ago, Filipinos were just investing in time deposit accounts. It gives reasonable return back then. So saving is very encouraging because your money will grow without risk.
But today, savings account will only give you an interest of about 1%. Of course, it will be taxed, that gives you a lesser return.
Investing in this kind of vehicle is more risky than investing in a much more volatile ones. Thus, we are here to introduce you to a more exciting way of reaching your financial goals. … More Investing 101: Mutual Funds