Even with just ₱20,000, you can already invest in unit investment trust funds (UITFs). Not only are UITFs affordable, you also get to have a fund manager to take charge of your money. Much like mutual funds, UITFs are pooled investments, but at a more affordable amount.
What should I invest 20K in?
In the Philippine setting, bonds are one of the most potent investment vehicles to generate high-interest yields in financial markets. Bonds are securities that may come in the form of government bonds and corporate bonds.
Where should I keep 20K?
Retail Treasury Bonds (RTB) or Government Bonds\n\n It offers higher yields than term deposit instruments and provides frequent cash flows via quarterly interest payments over the life of the bond. Interest rate could be 3% to 5% per annum; coupons are paid quarterly. Minimum investment is P5,000 depending on the bank.