Inquirer:
I want to start to invest my money, around P20,000+, am into networking business and parang hindi ko alam kung san napupunta ang income ko, hope you could help me, am living alone and I want to make my money work for me someday. Please enlighten me…Thank you.

Armand of Colayco Foundation:
BEST TO EXPLORE ARE MUTUAL FUNDS; MORE SO IF THAT 20,000 PESOS IS SOMETHING YOU WILL NOT TOUCH BUT ALLOW TO GROW IN 3 YEARS OR LONGER.

Inquirer:
pwede ka pong bumili inany banks, mag inquire rin po kayo sa sunlife

Guita of Colayco Foundation:
You may check http://www.pifa.com.ph for a complete list of available mutual funds. Or you can also avail of bank products called UITFs – a list can be found on http://www.uitf.com.ph

I’ve recently become more involved with Colayco Foundation for Education, the first, most experienced and most effective in teaching personal finance to Filipinos, and I’ve answered so many questions about investing, managing money, business, etc. Names have been redacted. Most of these are originally found on the Francisco Colayco Facebook Page, Colayco Foundation and Francisco Colayco Website