Become a Millionaire, The Easiest Way

I have not been able to update this blog for quite some time, I know. I’ll just post some facts about money that I have been putting in my Facebook profile.

On Becoming a Millionaire

At age 25, if you have started saving and investing 2,500 monthly in an investment vehicle that earns 10% per annum, you’d have 3.2M by the age 50. Extend another 10 more years, then you’d have 8.9M by age 60 – Power of compounding interest.

Or if you’ll follow the one that I’m doing. Invest P5,000.00 monthly (assuming it earns 10% per annum), I’ll have 10 Million by age of 60.

You might say, ‘Di ko kaya ang P2,500.00 or P5,000.00 monthly. Then try this one.

How to have 1 Million Pesos? Save and invest P1,000.00 a month for 22 years. Or P2,000 a month for 17 years. Or P3,000 a month for 13.5 years. Or P4,000 a month for 11.5 years. Or P5,000 a month for 10 years. Assuming it is invested with 10% return per year. Simple lang maging milyonaryo di ba? Kahit sino kayang kaya, kahit janitor or messenger lang.

Don’t think however that you can achieve this in a bank. You won’t a the rate that they are giving us – 0.05% per annum that is. Try Mutual Funds. You might be surprised that it can earn more than 10% per annum.

Looking for a Licensed Mutual Fund Representative in Manila? Or a Mutual Fund Agent in Bulacan? Or a Mutual Fund Representative in Bataan?

Give me a text or call at 0922 897 8077 / 09164147400 for a FREE discussion how to open your own mutual fund account.

Start while you are young. Start NOW!

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Garry Zaldy de Castro is an advocate, Financial Advisor, Certified Investment Solicitor (Mutual Fund Representative), blogger, IT practitioner, husband to Aileen and a dad to Jacob and JohnD. He started Financial Planning Philippines in 2008 just to share his financial learning to friends, relatives and anyone who wishes to be financially independent.


    1. Hi Yvon Thea,

      Yep, you can go directly to Mutual Fund Companies, altho chances are, you will still be assigned to a mutual fund representative. 😀 So best to go with someone that you can always communicate / talk so that you’re always updated. 😀

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