investing money in stock market? or special savings? or time deposits?

Philippines
June 24, 2012 6:49am CST
I'm thinking of investing my money, because it's been six month and my money in bank seems to be idle. It's moving and increasing yes, but not what I want. It's very minimal. First I was thinking of putting my money into time deposits. But, I don't think it is practical cause, the interest is also minimal. And to feel the interest it is better to leave it for years. But it is not practical . right? have you tried it? Second thought was to put my money into special savings account. But my sister said it is very risky. the interest is 3.5% yearly . So in a day basis it is, 3.5% divided by 365. Since it is a month contract i just have to multiply the answer to 30. Very small too. But that sounds better than the ordinary savings account. Third, I want to invest in stock market. But, I never have the knowledge about it. Of course I dont wanna be scam or lose. It is part of the cycle yes, and I have to study it. Can you teach me how to do it? Where do you think should I put my money? And have you tried any of my options? What about stock market, how to manage that? Thanks. I hope you could help me with this.
1 person likes this
10 responses
@AkoPinay (11542)
• Philippines
7 Apr 16
I only tried Bitcoin, buy at lower price and withdraw at higher price like Forex
1 person likes this
@annierose (21588)
• Philippines
7 Apr 16
I have been seeing the word "bitcoin" a lot in the web but it is still not clear to me. I hope I can be enlightened with this word.
1 person likes this
• Philippines
7 Apr 16
My money is in stock market now. Planning to withdraw it soon as the market goes up. I haven't tried bit coin. Do you do it online?
2 people like this
@AkoPinay (11542)
• Philippines
7 Apr 16
@zaga_cleuth yes it's online we can buy/sell Bitcoin at and transfer it to peso bank accounts or to another Bitcoin Wallet i.e. E-Coin then transfer to $ or £ or € then peso
1 person likes this
@agnesc (21)
24 Jun 12
At the moment property isn't too bad (at least in the UK) or land is always a good investment, it practically never goes down, although being 18 I can't say I know much about well, anything so take anything and everything I say with a pinch of salt.
1 person likes this
@annierose (21588)
• Philippines
7 Apr 16
My mom always suggest me to invest my money in buying properties. However, I do not have enough cash for that. She said no one lose money in buying a property.
• Philippines
29 Jun 12
Yes. Thanks anyways, I want to invest in buying a property but I have not enough money. :) That's why I wanted to have an income or extra savings.
@allknowing (135328)
• India
24 Jun 12
I suggest that you do not keep all your eggs in one basket. You can distribute your investment in many instruments so that the risk of losing is reduced.
1 person likes this
• Philippines
24 Jun 12
Yes, I will do the three actually. That's what I'm thinking too. Atleast to reduce risk and at the same time for me to have extra cash in case of loss.
@allknowing (135328)
• India
24 Jun 12
• Malaysia
24 Jun 12
maybe you can separated your money, i mean if you have a large amount of money, you can put half of it into the fixed deposit, and some in the special saving account. i do believe that you can purchase unitrust from the bank or other funds which is like stock, but the risk is lesser than purchasing stock. you can try to invest some in those fund if your bank has this kind of offer. then you can also take some of the money to spend in stock market. i am sure that everyone is learn from experience. i do believe if we are not involve in stock market, we will never know how to invest in it, but if you involve yourself in stock market, automatically you will go to study through the information and asking other people experience. of course i am not encourage people to purchase stock, because it is quite risky, but if you are thinking to keep it and earn dividen, maybe it is a good experience in your life. don't just keeping our point at whether we gain or lose, just take it as an experience, i do believe you can gain more knowledge in this financial view too =) good luck to you. but don't put all your money into the same matter, you can reduce the risk by separate them =) if not, you can also try some online earning site like those investing site, just spend a little money to learn from it. good luck
1 person likes this
• Philippines
29 Jun 12
I haven't try investing online. Though I think I know how does it work. It's like MLM in internet. Bigger network than the usual MLM in actual scheme where in you meet your down lines personally. I'm into networking so I know how easy and fast to earn money from. Just need a lot of persuading power. I got talkative because that. But, online, I don't think I can run that without any product to sell just money. Meaning a business that has no product and no costumer at all. On a typical scene of a business, there is a product or service to offer then a costumer who used to buy the product or the service. But, in MLM online, its like there's no product at all. Just pure money. Though they offer jobs but not actually the main reason to earn. Anyways, maybe if I see somebody or meet somebody personally that could teach me and be a live testimony well, that's the time I'll give a try.
1 person likes this
@dansazz (1058)
• United States
24 Jun 12
I would suggest doing some heavy research online about investment and investing. Learn everything you can about everything you can. I would recommend going for the options with the least amount of risk. Risk is not good for your money. there are a lot of options out there and a lot of ways to invest, so read up, and become more informed about this kinda stuff. You want to know what you are getting yourself into before you get into it.
1 person likes this
• Philippines
24 Jun 12
Well, I guess I think different. The higher the risk the higher impact too. Whether lose or gain. Anyway, I will really do a lot of research about it and ask my friends about all those stuffs too. Have you tried any of the options I stated?
1 person likes this
• Kenya
25 Jun 12
If you have enough money its always adviisable to invet it in real estate because thisos an ever appreciating market however you can put in a fixed deposit account wichich mean guaaranteed payment and returns on your investment
1 person likes this
@succeednow (1633)
• Singapore
25 Jun 12
Hi zaga_cleuth, If you want higher returns then you have to accept higher risks as they go hand in hand. Investing in stocks may be a good idea if you know what you're doing. However, you're right to say that you need the knwledge and this knowledge does not come overnight. I'm afraid the only way is to educate yourself through much reading and studying. And having lots of discipline and patience. If you have money to spare you could also check out investment in property. Meanwhile you should park your money in some very safe schemes like fixed deposits in a bank.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
24 Jun 12
Time deposit is also a good form of investment. But it would depend on the institution where you will be investing your money. You should make a thorough study of the marketing scheme they offered, the stability of the company and what other investors say about the company. But personally, if I have the amount to invest, I would go into business ventures of the area that I like most. Although this kind of investment requires more time but I know this would be better because you could personally check the flow of your investment from time to time.
• Philippines
25 Jun 12
I have a business but, as a working student I can't just manage it part time. I'm thinking of investing my income to different form of savings than to just save it and stock it inside a bank. So I'm thinking of either of the three. Or maybe all of those I will try but I need a better study. Have you tried any of it?
@ARIES1973 (11426)
• Legaspi, Philippines
26 Jun 12
Presently, I am a member of a cooperative and my investment is in the form of a stock. They also accept investment in the form of time deposit but they only accept such from the members.
• Malaysia
24 Jun 12
Investment is a a good thing to do in order to grow money. There's a few of things you could do with your money. Some you have already mentioned of course. Actually it all depends on the type of person you are. Depending on yourself there's a few types of risk involve. Low risk consist of savings accounts, fixed deposit and such. There's also medium risk and high risk. If you're the type who doesn't mind waiting, i suggest you find a trust funds. Trust funds depending on the trust management team will give you around 7 - 10% at least. The best performing so far that i see in my country manage a record of 16% in return last year. Of course there's also a risk but there's some way for you to manage the risk which is to diversify your investment. I mean do not put all your money into one place. Put it in a few. Stock market,bonds,forex,oil or even gold are also tradeable. Another type of investment. This kind of investment is high risk especially for those with little to zero knowledge. You need to be ready to accept lossest. This kind of investment takes time to learn. Read the market. Signals to be understood etc.
• Philippines
29 Jun 12
Yes, from zero knowledge I'm trying to gain a lot. I wanna be part of the "experts" in stock market. Of course, I can trust those brokers online or real person or bank brokers BUT, it is better to know the market myself. Because if I will trust a broker, probably, the income will be divided though, the broker wont tell. Of course, that's how they do business too. They study the market, and asked people to buy or sell the items/stocks that show 'gains', based on their studies of the market as well as the studies for their own good too. I do believe in the positive side of risk. The higher the risk the higher the positive return. So I have to study everything. About the trust funds, I don't think that is practical because, I can't use for compound earning investment. And I'm not that patient enough to wait for the money to grow without me doing anything.
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@chriskoh (16)
• Philippines
25 Jun 12
You can earn more in the stock market but you have to educate yourself more about it. Time deposits can earn you 5-7% each year but if you are well educated in the stock market you can even earn your money 20-30% in a good year. Usually rookie traders lose money in the first 3 years, but as you gain more experience you will eventually breakeven usually in the 5th year...
1 person likes this