Investment Ideas for Millennials

News
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13 April 2021
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Filipino millennials make up ⅓ of the country’s total population. Millennials or Gen Y by definition are those born between 1981 and 1994/6 who are currently 25-40 years old. 

 

Millennials are also one of the largest media and entertainment consumers, making them the target audience of marketers’ ads and campaigns, especially about finances and investments. Since most Filipino millennials are now at legal working age, they are also considered significant game-changers of the workforce and our economy.

 

Meanwhile, according to a study, millennials are more likely to save for retirement, and 74% of them believe that making investments is an effective and attractive way to grow their money manifold over time. 

 

Although investing during a pandemic sounds risky and complicated, now is a perfect time to consider giving your investment plans a go. But first thing’s first: If you are one of the Gen Ys, have you thought about which potential investment you’re willing to venture into to help you reach your goals? 

 

Here are some investment ideas to help you decide:

 

 

Goal Setting and Protection through Insurance

Of course, like what we’ve always been told, our health is our wealth. Compared to other investments that you could make in your 20s, your ROI or return on investment for this one is in the form of health stability. Most insurance companies package their products along with a promise of money growth. This is one effective way of increasing your resources while protecting your health or preparing for old age. Your premium can cover payment for appointments and procedures for any ailment that may arise: nothing to lose, just one less problem to tick off.

 

 

 

SSS Personal Equity Savings Option (P.E.S.O)

If stocks intimidate you right now, then you can consider investing in P.E.S.O. with contributions for as little as ₱1,000; your money will already be allocated into three accounts: retirement/disability, medical, and general-purpose (education, housing, livelihood, unemployment). Learn more from the SSS website. 

 

 

 

 

Mutual funds

If you’re the type who wants to leave all the fuzzy stuff under the care of an expert, then mutual funds investment is for you. You will need to have as little as Php 5,000 as your starting point. Next, choose the company that will manage your investment. Before moving on to this step, make sure to do intensive research about the best companies that could help you grow your finances. Simply put, allow them to invest your money into a huge pool of funds so it can collectively grow. It is like buying units or shares of the fund, including stocks, bonds, and additional funds owned by a group of investors. Read more about it here. 

 

 

Real estate

Investing in real estate is today's winning decision, especially if you opt for residential properties, which can either be your home or your source of income in the future. Aside from these, there is a multitude of other perks that you can enjoy, like using the property to gain profit derived from business activities, stable cash flow, tax advantages, diversification, and leverage. You’re most likely to reap these benefits in just a few years after the unit’s or property’s value appreciates.

 

Speaking of investing in real estate, you are looking for deals that could save you a few bucks to make your investment more worthwhile. Take Empire East’s SUPER OKS Promo, for example. Under this promo, you can get up to a 15% discount on select properties like Empire East Highland City, where you can choose from studio, 1-bedroom, 2-bedroom, to three-bedroom units.

 

Now’s the best time to jumpstart your investment journey. Send us an email at inquiry@empire-east.com or call 0917-8-EMPIRE (367473) or (02) 8810-3333 to get started.

 

Don’t forget to follow us on social media for more investment tips!

 

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