Ahhhhhhh, my very first paper investment.
I've mentioned before that I invested in two mutual funds and one is FAMI. The other day I received an update through them by mail ( yes they mail updates from Philippines to abroad!). I usually don't really check it but for some reason, I did and boy, was I surprised!
It grew to almost 100 percent!
Note: I am not bragging. My total invested amount in this fund was just small. Red is even expensive than my FAMI but just telling you how time could be our ally in investing- as what I always say.
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It might not be a lot but hey, who would give me PHP 39,728 just for waiting? Sweet, indeed!
Note: Nowadays, I invest more on individual stocks more than mutual funds. This mutual fund was kind of like "getting my feet wet" and "testing the water" type of investment. Not bad, huh?