Straight From The Expert: Why INVESTING for the future matters | Highlights - video Dailymotion

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Whether for short-term or long-term investment, saving is important. Nowadays, saving has even become a privilege for many as inflation and other essential factors affect our daily lives. In this episode, Sparkle artist and beauty queen Billie Hakenson joins finance expert Fitz Villafuerte to share the basics of saving and explain why it matters, along with tips on how to start and grow your wealth consistently and sustainably. #StraightFromTheExpert #SFTE  ATM is your lifestyle channel bringing you the inspo to live your best lives at the moment with the trendiest food, travel, events, personal style, beauty favorites, and everything in between! #AdventureTasteMoments #GMANetwork #ATM

Transcript

00:00now when talking about money matters sadly a lot of people don't have any idea on how to manage

00:11their money now financial literacy is very important especially if you want to manage

00:17your money properly if you want to grow that money you need to know how to invest a lot of

00:24financial experts say that starting early is the best way to build your wealth fortunately for

00:29us we have Fitz Villafuerte the founder of Wealtharchy who will teach us how to grow your wealth our wealth

00:37and possibly get rich hi sir Fitz and welcome to our show thank you for being our expert for today

00:44and thank you for inviting me and I'm very excited to be here now let's begin talking about investing

00:51and in its most basic definition what is investing para sa akin investing is about protecting your

00:59money we all know that inflation exists and inflation is part of a healthy economy so kung yung prices

01:10ng mga bagay it increases in value every year but we're not investing our money we're actually losing

01:17the value of our cash and the only way to beat inflation is to invest our money plus if you just save your

01:26money it will take many years before you buy your money so when you invest your money there's a financial product like

01:37an investment that helps you grow your money so that you can afford your money in the future without

01:43you just saving money kasi masyadong matagal kung nag-iipon ka lang dapat meron kang investment na nag-grow

01:51din yung money mo nun it's money working for you i'm a little surprised to hear inflation in such phrasing kasi

01:59usually we blame everything on inflation na di ba we buy something expensive and then you justify it as

02:04ah inflation kasi but that's another nice way to look at it inflation is part of a healthy economy the thing is

02:12dapat hindi sobrang taas in fact two to three percent per year na increase in prices is part of a healthy

02:20economy but how much does your money grow in a savings account it's less than two to three percent that's

02:26why you need an investment so that your money can grow more than three percent which means you're not

02:32losing the purchasing power of your money now we'll talk about um different types of investments in general

02:39you can categorize them into three you mga short-term investments medium-term investments and long-term

02:46investments pag sinabi natin depende kung gaano katagal yung investment it's also asking yourself

02:54kailan mo ba gagamitin yung pera na ini-invest mo because once you know kung kailan yung target date

03:01nung paggamit mo ng pera it's easier to decide on what specific type of investment you will put your

03:09money in for example if you have money na plano ko to pang overseas vacation next year pang travel

03:16fund ko next year so that's a short-term investment basta two years or less ngayon ano ba yung mga

03:24short-term investments merong mga time deposit yung mga high interest savings na digital banks tapos

03:33mga money market fund so since itong pera na to it's for a short-term goal i will put it in a short-term

03:40investment bala na ako kung anong gusto ko or anong accessible sa akin kung tayong deposit ba or

03:46digital bank or money market fund so sa medium-term investment if you're planning to use the money in

03:53two to up to seven years pwede ka sa mga moderate or medium-term investment na may moderate risk such as

04:01bonds mga balance funds very popular sa mga uh of w's yung pag-ibig mp2 tapos yung long-term

04:11investments naman usually ito na yung pag yung pera sinisave mo for your retirement or for buying a house

04:1810 years from now basta beyond 7 10 years or more it's already a long-term investment and ang magandang

04:26choice dyan ay stock market equity fund etc but in general all investments pwede mo siyang makategorize

04:35into that three short term medium term and long term but it's hard to decide kung ano yung magandang

04:41investment kung hindi mo alam yung goal mo so you have to know ano yung purpose ng pera specifically

04:48kailan mo siya gagamitin so i hope that's clear to all you guys i know this is a little um intimidating at

04:54first i personally feel like investments are i don't know jargon for me and we all know that

05:00we need to have it but na-intimidate tayo to try and understand it and to dive into it but today is

05:06the chance kasi nangito na si Sir Critts

Straight From The Expert: Why INVESTING for the future matters | Highlights

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