Mommy Ginger
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Go Invest with GInvest!

With GInvest, Invest Anytime Anywhere!

Update on this post for 2021! GInvest has new funds that you can invest in, both local and foreign funds! If you look below, I wished for them to have foreign funds, too, and they did! Maybe the GInvest people are reading.

Check out my video to learn how I create and investment plan and how to start investing in GInvest. Also, If you have wishlists, comment in the comment section below!

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I’ve been setting aside money for different investments. I’ve been investing since I was 27 years old. I’m using around 4 kinds on investment channels. The reason for the various channels is that I have different investment objectives for each channel. I have one that I will use for my retirement. The two other policies that we have are for the education of Zeeka (and other children, if we do have others). The last one that I have is really for emergency funds.

I personally love investing. Why? I just think that it’s like a game. Funny as this may sound, I love that investing feels like a personal game that I’m playing, and I’m competing against myself. I love that I actually have control over what happens, and the forces around me and the temptation to go shopping are my opponents! haha!

Recently, I found this cool new way of investing and it’s super easy! It’s called GInvest. So it’s hidden in our GCash App, in the “Show More” portion. Currently though, it’s on BETA and only available to a few individuals. Super blessed to be given the chance to test this.

 

So I clicked on GInvest and it asked me these questions first. You have to answer these questions as truthfully as possible since the main reason for this quiz is not to spy on you. It’s actually to get your risk profile and to get a sense of your risk appetite.

 

After you answer all of the questions, you will be shown your risk profile. In my case, I am a moderately aggressive investor.

You will then have access to the GInvest dashboard once your registration has been approved. Note that you will receive emails every step of the way. I like this, because it informs me of what’s happening with my registration / account event is I don’t open the application.

With GInvest, they will match your investment with what your risk profile is. Their partner for the investment products that they offer is ATRAM.

The ATR Asset Management​ (ATRAM or ATRAM Group) operates through ATR Asset Management, Inc. (ATRAM MF) and the ATRAM Trust Corporation. In 2009, the ATRAM Group decided to expand its presence in the fast growing domestic asset management industry by forming a dedicated business group called ATR Asset Management (ATRAM or ATRAM Group). Under this group is ATRAM Trust and ATRAM MF.

For those that don’t know, ATRAM Trust Corporation (ATRAM Trust) is the first stand-alone trust corporation in the Philippines. It received its license to operate last October 2016.

ATR Asset Management (ATRAM MF), on the other hand, was established in July 1995 as the Mutual Fund Management Co. of the Phils. (MFMCP) by the Clemente Fund Management Asia Ltd. to serve as investment adviser, principal distributor and administrator of the Mutual Fund Company of the Philippines also known as the “Kabuhayan Fund”. In 2003, Maybank ATR Kim Eng Capital Partners, Inc. purchased an 83% stake in MFMCP from some of the original shareholders thereby gaining control of the company.

Personally, I did my research first before I invested. I think they’re a pretty legit company. You can read more about them here: https://www.atram.com.ph/ATRAM/AboutUs/default.aspx

So the type of investment presented to me was ATRAM Peso Money Market Fund. This fund is a UITF or a Unit Investment Trust Fund. UITFs are types of funds that pools funds from different investors with the same objectives.

I wanted to try GInvest, so I clicked on the subscribed button, and transferred around Php 1000 for investment. Get this! The minimum investment amount is Php 50! If you want to invest extra funds every day, you actually can! So after hitting the subscribe button, I got a message that GInvest will message me back once I have the subscribed units.

It just took a couple of days (or less) before I got to see it on my dashboard as “subscribed”. For those who want more information about the ATRAM PESO MONEY MARKET FUND, don’t worry! You will receive an email that contains information about the fund like this.

 

What I like about GInvest

I like that I can easily invest. Investing before was (in my opinion) more tedious than just setting aside money for savings. I think it’s tedious because of the documentation that you need to fill out. You also need to coordinate with a financial or wealth advisor, even during the initial stages of the discussion. And lastly, to top up, you pay using bills payment channels, but to know if you have “subscribed”, you will still receive their manual “letters and official receipts” weeks after. If you want to know if your subscription was received, you will still need to check with you advisor oftentimes.

I also appreciate the amount of control that’s given by GInvest. I can invest or redeem whenever I want. I can also get updates and see my subscribed shares when I open the app.

I also like that the minimum investment amount is Php 50. When I first saw this, I couldn’t believe it!

Lastly, the “set reminder” functionality that sends an SMS to you with the amount that you set is something that is very useful. You can set it to remind you every middle and end of the month or every end of the month or every end of the quarter. It just makes everything more consistent.

What I wish GInvest would have

I wished they would have more investment products like stock both local and foreign stocks, etc. Also, if there’s a way to lock that certain portion of the GCASH app. This is just for extra data privacy. Also, if you could possibly add analytics (or a way to tell us how much we should invest to POSSIBLY reach a goal for our personal investments, that would be awesome!

So that’s about it, guys! Will I continue investing GInvest? Yes, I will.

I think I trust GInvest enough and most importantly, it’s so easy and convenient! haha!

Love Lots,

P.S. You may want to check out:

GSave – https://mommyginger.com/save-money-with-gcash.html

GCredit – https://mommyginger.com/how-gcredit-works.html

Financial Tools – https://mommyginger.com/how-financial-tools-can-keep-you-out-of-trouble.html

My One Word for 2017: Invest

Happy new year, everyone! I hope you spent the first day of 2017 well. I spent it with people I love, so I would say that it was a day spent well. It’s the second day of January and my this will be my first blog post for the year. Like how I have done it in the past, I always start the year with a blog post sharing my one word for the year. I have been doing this one word exercise since 2015 (Feel – 2015, Simplify – 2016). This year, I have chosen INVEST.

invest

I was looking at the other words that people suggested in http://oneword365.com/ and “invest” was the word I was looking for!


Invest in Myself

This year, I plan to invest more in myself. I successfully simplified my life in 2016, and I plan to redirect more time to taking care of myself. It’s been a while since I had a haircut (I only had one last December because we had to present our startup during demo day). I think I just had a total of 2 visits to the salon last year. Also, I realize that I need to update my wardrobe. I only get to buy new clothes when I really have something important to go to. Plus, I don’t to get to wear them during normal days, since I got used to grabbing a pair of jeans and a shirt. This year, I plan to dress up better than I did last year.

Also, I will spend more time on beauty and fitness. I’m glad to share with you that I finally got to change the battery of my Misfit wearable. I haven’t been using it, because I didn’t take time out to replace the battery. I had my first long run outdoors yesterday, and I got to wear it again. Yesterday, I also signed up for a 10K marathon this coming March. It was really just so that I could push myself. Aside from keeping fit, I will try to fix myself a bit more every day. I have a lot of make-up in my house that I don’t use. It’s such a waste not to use them. I cleaned up my make-up box. I actually threw out a lot of expired stuff already.

Invest in my Daughter’s Future

Last year, we really focused on getting our start-up Taxumo off the ground. Admittedly, we had to let go of some time that we normally would spend with our daughter (after work meetings, etc.). Aside from that, some of the money that we could have saved and could have invested on her education, was spent elsewhere. This year, I plan to set aside more time for her and intentionally, set aside more funds for her future.

Invest more time for Travel

2016 reminded me of how much I love to travel. We used to travel a lot, before we were married and during the first few years of marriage! This year, my husband and I intend to go out and see new places. We both love seeing new places and we promised ourselves that we would go out more this year.

Invest in Marriage

2015 and 2016 were rough years for my marriage. I think my husband would agree, when he reads this. I guess it was, because of the changes in our interaction as a couple. It was the first time that we are getting into business together. It was also a time when each one of us wanted to get our own sh*t done. We’re both in our mid-30s, and I guess we both know that it’s now or never. There were a lot of challenges, and we had a lot of disagreements. I believe that we have made it pass the rough part.

I haven’t been the best wife, and it sucks to admit that due to my competitive nature. haha! But this year, I plan to be the best damn wife again in the entire planet. I have seen how, as a couple, we have been effective. We have created things together, and I know that if we stick together, we can make things happen (not just for us but for the people around us).

Invest in New and Old Friendships

Because of work, I haven’t been able to spend much time with friends (yes, I have friends! haha!). I promise to spend more time with you this year!

So, that’s pretty much it! I have to run in a few minutes. How about you? What is your one word for this year?

Basics of Investing

I had a chat with a friend the other day and I asked her what her investments were. She said that she didn’t invest because she was afraid to put her money in the stock market or the foreign exchange (forex) market. Investing seems to ‘technical’ for her. I told her that there are other ways she could invest her money. I also told her that stocks and forex are actually the more complicated ones, but then these are actually simple, too. My explanation, I think, made her even more confused. Haha!

I am not expert in explaining investments (case in point – my confused friend), but I know of a friend who explains investing really well. He is also having a workshop on Investing for Beginners this coming August 2, 2014 at Slate Creative Studio in Boni, Mandaluyong City (Right across Rizal Technological University). The workshop will be from 10AM to 3PM.

Investing-for-Beginners-final-poster-819x1024

This workshop has a lot of hands-on and interactive activities that will help you understand the different types of investments that are available in the market. It includes a discussion on time deposits, bonds, UITF’s, mutual funds, the stock market and even real estate.

After the workshop, you will go home with a personalized investment portfolio design, and a concrete, practical work plan on how to manage it to reach your financial goals.

Here are some questions that you’ll be able to answer after the workshop:
1. What’s the difference between an asset and an investment?
2. What are things I need to do before I can become an investor?
3. What is the biggest mistake that people commit when investing?
4. How do bonds, stocks, UITF, mutual funds and other financial instruments work?
5. How do you make money from paper assets?
6. How do I build, diversify and manage my own investment portfolio?
7. How can investments help me buy my dream house?
8. Where should I invest to secure the educational needs of my child?
9. How much money do I exactly need to retire?

The instructor is my good friend, Fitz Gerard Villafuerte, RFP. He is a civil engineer who decided to quit the corporate world in 2003 to pursue entrepreneurship. In 2014, he became a registered financial planner.

His blog, entitled, Ready To Be Rich, has already received several recognitions including the Best Business and Finance Blog at the Philippine Blog Awards for two years in a row. Moreover, an international finance publication, Wise Bread, has likewise ranked his website as among the Top 100 Personal Finance blogs in the world. Fitz has also been recognized by Moneysense Magazine as among the top 12 most influential people in Personal Finance in the Philippines.

So for those of you who want to sign up, please CLICK HERE and join this workshop.