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FAMI Update!

Monday, June 23, 2014
So from this post I have mentioned that I enrolled a FAMI Mutual Fund. The truth is, I wasn’t able to have my initial investment a month after I have received via mail my confirmation receipt. I enrolled the account on the month of February but was only able to top up my investment by the month of April.

Anyhow, for the update on my FAMI account I am doing the Peso-Cost Averaging method of investment. I treat my FAMI account as a regular savings account wherein I invest monthly and don’t miss a single month. This way I know that my money is growing.  Thank God I have my Metrobank Direct so it’s easier for me to pay bills. 

 CLICK HERE to know how to Pay your FAMI account through Metrobank



I also receive a monthly mail straight to my home from FAMI. They give me idea on the Number of Shares that I currently own and the Amount I paid. I collect these mails for future references.



Just for 2months I was able to gain 350pesos to my account. More on how to compute your FAMI investments in my future blog posts. That is almost 5% of my total investment.

 I know 350pesos seems so little but knowing the fact that I actually didn’t do anything for my money to grow that much is awesome. No bank can give a 5% gain in just 2 months!


Slowly I am learning my way into the FAMI Portal. I still have a lot of terms to absorb. Stocks has been very new for me but I am believing that it will be all worth it in the end.


Thank you for reading my post. For further inquiries you may email me here: izzaglinofull@gmail.com
8 comments on "FAMI Update!"
  1. graceJuly 4, 2014 at 1:54 PM

    Thanks for the informations, I've been reading your blogs. Hope to open an account this July :)

    ReplyDelete
    Replies
    1. Izza GlinoJuly 5, 2014 at 11:28 AM

      Hi Grace. Thank you for checking my blog :) Your blog is very good too. Had it bookmarked and I am back reading a lot of your posts.

      Make sure to check out How I applied my FAMI, it is filled with pictures too..

      :)

      Delete
    2. graceJuly 11, 2014 at 10:52 AM

      Wow, thanks for reading my blogs but I'm still a work in progress. You're actually one of my inspiration why I put my own personal blog to monitor myself (medyo madali kc ako madiscourage). Bilib ako sa iyo bata pa ma-diskarte ka na.Thank you for sharing I love reading your blogs & I'll be reading more of your blogs. God bless.

      Delete
    3. Izza GlinoJuly 12, 2014 at 11:20 PM

      Maraming salamat Ma'am. Together let's go for the gold towards Financial Freedom hehe. It's ok ma'am there are a lot of things na talagang nakakapag discourage... pero once you see your money growing parang nakaka adik na siya hehe. :)

      SavingsPinay

      Delete
    4. graceJuly 14, 2014 at 6:15 PM

      Yes, hopefully magtuloy tuloy towards financial freedom, Nakapag-open na ko ng FAMI-Save & Learn Balanced Fund muna. I'm just waiting for the confirmation :)

      Delete
    5. Izza GlinoJuly 14, 2014 at 9:02 PM

      WOW! So happy for you Ms. Grace!!! Ako naman next goal ko is either COL or VUL na.... I'm still praying for it eh. hehe.

      3 BUSINESS IDEAS YOU CAN EASILY START-PHILIPPINES

      Delete
  2. AnonymousJuly 8, 2014 at 9:11 PM

    Hope to apply soon!! :) love your blog

    ReplyDelete

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