How to invest in big companies in the Philippines

When I was a child, I thought of investment as something that only happens inside of a big companies. I thought that you need to be part of the board of directors before you can invest. I was actually wrong. I was late to know that there are what we called investment firms, like bank and trading websites that can help you invest in big companies with big to little amount of money.

I am going to share today how you can invest in big companies here in the Philippines.

1. Open an investment fund account in Banks

When we think of bank, we only thought of the savings account and the idea of deposit, withdrawal, checking, etc.  We rarely give attention to  the other types of account there.

Banks have investment accounts. They will asked you to put a specific amount of money there. And they have fund manager that will invest it. Banks will let you choose if you want to invest in government bonds or big known companies in the country. In most investment accounts, the initial amount that you need to deposit ranges from 10k to 20k.

2. Open an account with online trading website.

For those who don’t this, there are a lot of websites already that will let you invest in big companies. One of these is COL financial. You need to open an account to them.  I think in a starting account. You need to pay for 5ooophp in order for you to have your initial balance that you can use for trading. This account is good for those who want to get control in their investment.

3. Get a life insurance with investment (VUL)

This is another way of investing in big companies. If you have  a life insurance, perhaps a little amount of your premium goes to investment. Life insurance companies have their fund manager that will invest and decide how they will grow your money.   The price of your insurance varies.  This depends to your needs, health status, and the amount of money you target to receive in your retirement age.

In conclusion, these are the ways you can invest in big companies in the Philippines. If you want a stressed free investment, start with a bank. If your concern is your health at the same time, then get a life insurance with investment. However, if you are independent, and you like to trade all the time, then open a COL Financial account.

Do you know any other ways on how to invest in big companies in the Philippines? Share it here. Let’s help one another. Thank you so much for reading.