Day: January 19, 2020

The truth about Filipinos and investing is painful to hear: Only about 8% of Filipinos own investment products such as stocks, bonds, mutual funds, and life insurance plans. This unfortunate fact stems from the lack of financial literacy among the citizens of the Philippines, which makes many of them hesitant to believe the benefits of investing.   There are people who think it’s only for the rich, but that couldn’t be further from the truth; you don’t need an immense fortune to start investing. Reasons Many Filipinos Don’t Invest Being a…