love and banking.

i was never the aggressive investor.


for a while there, i thought i was. well, ok, maybe not exactly aggressive.. more of a moderate investor.


really, i am a conservative investor.


i was a banker for almost five years, and you would think that i should know a lot about investing. if you’d ask me where you can put your money, i’d assess the right type of product to offer you based on where you get your money, how often you get it, your spending habits, if you have extra funds and if you have a good understanding of basic banking. if you were just starting out, i’d suggest opening an ATM savings account. if you have your own business, i’d suggest opening a checking account. or if you were really pushy and want to put your money where it would yield higher interests, under my breath, i’d suggest you look for another bank i’d point you to my officer who would then offer you either T-bills or FMIC.

i didn’t stay that long in the banking industry, but i’d stayed long enough to figure out how it works. however, personally, i haven’t really made any investments of my own.

at first, i was a moderate investor. kept some money in a savings account and kept the rest in a time deposit account. this was ok. very manageable. but at some point, i wanted my money to work harder for me.

then i tried my hand at being an aggressive investor. put my funds out there, and wake up a rich woman. ;p so, i went out there, thought i was making a very wise investment in the UITF (Unit Investment Trust Fund). after a few months, UITF wasn’t so profitable as it first started out, and now instead of reaping the fruitful rewards, my investment is still there. losing, instead of gaining, as i type. it’s all really paper loss until i pull it out, where my actual loss will be realized. for now, i’m forgetting about it, even though at the back of my mind i’m regretting why i didn’t pull out that investment when it was still earning. it turned out to be more like a loan rather than an investment. (crap.)

so after that paper loss, i’m now considering myself to be a conservative investor. as much as i want to invest in something, i’m thinking i’d rather keep it to myself instead. watch from the sidelines, see how the economy is doing. i really want to get out there and invest, but i’m crazy scared that that UITF thing will happen to me all over again.

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love and banking? they feel pretty much the same to me. both grow over time. those P5 coins you keep will amount to a hundred bucks before you know it. just like those nonsense conversations you have that become a constant part of your day sooner than you think. being on a ‘we’re just friends’ mode for the longest time is just the same as keeping your money in a low interest bearing savings account. or choosing to break up before things get messy is like pulling out your investment right before its value drops. or giving so much to another person and leaving none for yourself is like issuing checks that have no funds: you are even obliged to pay overdraft charges. there are risks that have to be taken if you want to get a hold of the rewards. and by rewards i mean, regardless of whether you end up in a successful relationship or not, simply following your heart. investments aren’t always guaranteed, some are profitable, some aren’t and at times, you get to consider yourself lucky if you breakeven. you just have to choose carefully and hopefully, you picked the risk worth taking. ¤ö¤