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How do i invest my money???? and what should i invest here in the philippines??


I'm only a 13 year old kid with 5,000 and above pesos worth of money. so what should i invest???

5000 PH pesos is equivalent to 100 US dollar.

Be a street vendor.

Sell lumpias, egg plant and rags.

Get an education and try to work abroad so you can earn more than philippine pesos.

You could start out by investing what you have.......then dollar cost averaging.

dollar cost averaging.....is setting aside money each month to put into an account. Say 10 or 1000 pesos, whatever you can afford, but do it monthly for the rest of your life.

ETF's are good with not a whole lot of investment capital. They are diversified and can be sold on the market. I like EWS, PKG, EWW, EWM, FXI.........I like the foreign markets, but only because I am using my money in the short term.

good luck and start now. I wish i would have started at your age. I could be rich now.

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