J3 Patino of Pinoy Money Academy explains in this video how Mutual Funds and UITFs work, and why they can be very important in your wealth building journey.
Just a personal disclaimer…,
I don’t invest in Mutual Funds and UITFs because I learned how to manage my own investments in the stock market. But I don’t discount the fact that in the future, I might invest in these kind of investment vehicles to fund other goals in life such as having a family of my own.
But still, the fact remains the same that MFs and UITFs are suitable investments for people who don’t want to worry too much about stock investing in detail.
These funds are considered less risky compared to directly trading the markets.
The full transcript of the video can be read in the link below.
LINK: Are Mutual Funds And UITFs Good Investments?
Where To Buy Mutual Funds
COL Financial offers a platform wherein you can easily buy MFs with just a few clicks on your computer screen. For details, here’s an easy guide I made regarding the topic.
LINK: How To Invest In Mutual Funds Using COL Fund Source
Recommended Mutual Funds To Buy
Truly Rich Club also recommends specific mutual funds to buy. Here’s a review I made of those funds below.
LINK: Truly Rich Club Mutual Fund: What Funds To Buy?
Final Thoughts
If you’ll watch the 13-minute video till the end, you’ll know exactly if these type of investments are worth it and would be a suitable fit for your financial goals.
Happy watching!
