The Diary of a Newbie Philippine Stock Market Investor/Trader: My First Investment

First, where did I learned about investment on mutual funds? I frequently visit TipidPC and Pinoy Exchange Forum and I saw a thread about investment. There's a thread on TipidPC forum about Mutual funds titled "Best Mutual Fund Company (Retire Comfortably) (ads, referral and traffic diversion links not allowed)" where I learned about mutual funds. I read in that thread that some of the poster in that thread that they invest in Sun Life's mutual funds and also Sun Life mutual fund have a back-end load where you will not pay a fee when you retain your investment for 5 years so I emailed Sun Life that I wanted to invest in their mutual fund. Sun Life then send me their agent to my office to fill-up forms and I gave my initial investment worth 15,000 pesos.

My first investment was on Sun Life Prosperity Balanced Fund last Aug. 21, 2008. Then after 3 months of started to invest on Balanced Fund, I opened and applied again for another mutual fund (Sun Life Prosperity Philippine Equity Fund) because I wanted to earned more than Balanced Fund and I accepted that Equity Fund is more riskier than Balanced Fund but can earned more. When I have enough saving I add investment on my Balanced and Equity Fund. I invest more on Equity Fund than on Balanced Fund since I believed that I can earned more. As of January 25, 2013, my investment on Sun Life Prosperity Philippine Fund grew by 98.54% while my investment on Sun Life Prosperity Balanced Fund grew by 51.83%. Over-all as of January 25, 2013 my investment grew by 79.74%.