Why Is It Important For You to Build an Investment Portfolio?

Why Is It Important For You to Build an Investment Portfolio?

Why should I invest my money?

This is a common question when people start getting into investments. It's probably the most frequently asked, too, along with doubts about the security of their money.

But people often have the tendency to overcomplicate things, when the process can actually be simple.

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Franco Fernandez, research analyst of trading platform DragonFi, said anyone can start small, and that they can do so with the companies they already trust.

"For those who are hesitant on starting, you don’t have to start so complicated," Fernandez said in an interview with Esquire Philippines.

"Remember to invest in the companies you know about. If you know about Jollibee, you can invest in [Jollibee]. You can invest in the companies you love."

The trading research analyst added Filipinos may opt to seek assistance from professional fund managers, "so you don’t have to worry about doing it on your own."

And on why they should ultimately invest? It’s simple, too.

"By investing wisely, they pave the way [for them] to achieve their goals, whether for a house, vacation, or business," Fernandez said.

On Thursday, DragonFi launched a new and improved version of its mobile trading app.

DragonFi Mobile 2.0, the only one of its kind that has online sign-ups, now allows users to do all their transactions from the comfort of their own homes — from registration to funding their accounts and investing both in stock trading and funds. The initial deposit amount required is only P1,000.

DragonFi characterizes itself as a trading platform built for the "serious investor," providing an avenue for users to invest and trade in Philippine stocks. Among its founders are Jollibee Foods Corporation founder and chairman Tony Tan Caktiong and MerryMart Consumer Corporation CEO and chairman Edgar "Injap" Sia II.

  • https://www.msn.com/en-ph/lifestyle/other/why-is-it-important-for-you-to-build-an-investment-portfolio/ar-AA1nluD4?ocid=00000000

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