Compare: Fees & Charges of Online Stockbrokers

(click to enlarge)

I saw a post (click here) in Pinoyexchange.com where a PEXer compared the charges of two online stockbrokers -- AB Capital and COL Financial.

So I thought, why not make a broader comparison of charges and fees of several online stockbrokers? The result: click the picture for its full size.

Double your money in a mutual fund

"You could double your money by investing P5,000 a month for five years in mutual fund."

Sounds like a scam or hyped-selling? For some, it may.

But this is a real investment in the Save and Learn Equity Fund (SALEF) of First Metro Asset Management, Inc.

In mutual funds, there are no guaranteed returns. But historical figures from 2008 to 2012 suggest you could actually double your money, not just by lump-sum investing, but also by peso cost averaging.

(Note: lump-sum investing is not advisable for a fund that invests in volatile markets like equity funds. Please understand the risk and your risk appetite before investing.)

If you redeemed all your shares today, you would have a whooping 102% return of investment!

How? Read on.

Being an IMG Associate

Somebody asked me about being an Associate of the International Marketing Group or IMG. He specifically asked whether he can do it in part-time capacity.

For the uninitiated, IMG is a brokerage firm with primary goal of educating Filipinos about financial literacy. Its head office is in Makati but has several satellite offices/sub-group in major Philippine cities and in other countries. Mind you, it is too big a network to be a scam. And there is no promise of exaggerated returns. You have to do some thing to be compensated.

Anyway, part of my answer to the question is after the jump.