FAMI Update!

June 23, 2014
So from this post I have mentioned that I enrolled a FAMI Mutual Fund. The truth is, I wasn’t able to have my initial investment a month after I have received via mail my confirmation receipt. I enrolled the account on the month of February but was only able to top up my investment by the month of April.

Anyhow, for the update on my FAMI account I am doing the Peso-Cost Averaging method of investment. I treat my FAMI account as a regular savings account wherein I invest monthly and don’t miss a single month. This way I know that my money is growing.  Thank God I have my Metrobank Direct so it’s easier for me to pay bills. 

I also receive a monthly mail straight to my home from FAMI. They give me idea on the Number of Shares that I currently own and the Amount I paid. I collect these mails for future references.

Just for 2months I was able to gain 350pesos to my account. More on how to compute your FAMI investments in my future blog posts. That is almost 5% of my total investment.

 I know 350pesos seems so little but knowing the fact that I actually didn’t do anything for my money to grow that much is awesome. No bank can give a 5% gain in just 2 months!

Slowly I am learning my way into the FAMI Portal. I still have a lot of terms to absorb. Stocks has been very new for me but I am believing that it will be all worth it in the end.

Thank you for reading my post. For further inquiries you may email me here: izzaglinofull@gmail.com
Clariza Glino

Izza of SavingsPinay promotes financial literacy for the young and young at heart by providing insights and tips on budgeting, saving, investing and online entrepreneurship. Aside from this blog she also writes at www.izzaglinofull.com, a beauty and lifestyle blog for frugal Pinays and manages, www.izzagevents.com, a wedding and event business since 2011. For inquiries, topic suggestions or future collaborations email her at izza@savingspinay.ph


8 thoughts on “FAMI Update!

  1. Hi Grace. Thank you for checking my blog 🙂 Your blog is very good too. Had it bookmarked and I am back reading a lot of your posts.

    Make sure to check out How I applied my FAMI, it is filled with pictures too..


  2. Wow, thanks for reading my blogs but I'm still a work in progress. You're actually one of my inspiration why I put my own personal blog to monitor myself (medyo madali kc ako madiscourage). Bilib ako sa iyo bata pa ma-diskarte ka na.Thank you for sharing I love reading your blogs & I'll be reading more of your blogs. God bless.

  3. Maraming salamat Ma'am. Together let's go for the gold towards Financial Freedom hehe. It's ok ma'am there are a lot of things na talagang nakakapag discourage… pero once you see your money growing parang nakaka adik na siya hehe. 🙂


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