Almost Doubled in 4 Years Time

Investing in such in the philippine context would really be great considering that the Philippines is one of the most progressive economy in Asia nowadays. Good for you for having your investment grow to that amount.

That could be a good option of investing some amount that we have on hand. We were also advised to invest in mutual funds. As of now I have investments in a cooperative but when I got extra fund I will surely try this one also. As of now, I don't have much idea how it works. Maybe you can share some knowledge. Have a nice day!

I have heard from my friend about mutual funds years ago when I was still in the corporate world back then. I did not have enough money to invest in it, though. It was my friend who worked for 3 years in Philamlife who suggested I invest in mutual funds. Her brother was able to double his investment in mutual funds in about 3 or 4 years if I remember correctly.

I am so happy for you I actually like also to invest in mutual fund but don't know where to apply by the way now I also apply for COL and start investing in stock for a long term basis

I think that a return of investment(ROI)of 100% in four years is not bad at all. Although there may be some other investment methods that could fetch higher ROI percentage, we have to remember that all investment bears different degrees of risks. There is no guarantee that a certain investment will surely make a profit. For more aggressive investors, they may go for more risky investment plans that could reap higher profits or the opposite. For people who like a stable but comparatively safer way to grow their money, mutual fund or unit trust is a good way. Even among the many types of mutual funds or unit trusts, there are aggressive ones as well as those more conservative ones. It is the personal aptitude of the investor that will decide which type of investment method is suitable for him/her. For passive and conservative investors who want to grow their money safely, any ROI that is better than the bank fixed deposit interest rates is a good deal.

Mutual fund is a good platform for investment. I have also got good return from investment in mutual funds.

It took you 4 years to double your money. Well then, I'd say investing in mutual fund is better than just merely putting your money in the bank. But I think if you would to invest your money in a business then this gives you faster returns. I find 4 years too long for doubling my money so I don't think I will just engage in business and won't consider investing in mutual fund at this point in time. Thank you any way for sharing.

You are fortunate to invest in mutual fund after collapse of Stock Market all over the World in 2008. All markets have recovered and price of almost stocks in latter period of 2008 have reached near or above the price of it in the 1st week of January 2008, before market collapse. So you got this much gain. On other occasions too Systematic investments in mutual funds always have low risk and higher profitability.