A beginner’s guide to understanding investment jargon
These days, price increases seem to be everywhere – an extra 5 pesos here, 20 pesos there, a few hundred more on monthly expenses, and many more. These may look small at first, but over time, they add up and take a real toll on our wallets and bank accounts. Suddenly, “in this economy?!” jokes are feeling too real and less funny by the day. It’s natural to start looking for ways to earn more and protect your finances during times like these. Investing often comes up as a smart option to help cushion the impact of rising daily costs. But before diving into all the concepts and numbers (and risk getting lost and overwhelmed), why not start with understanding the usual vocabulary used in investing? This is a good way to slowly navigate the exciting and potentially rewarding world of investments. The importance of financial literacy CIMB Bank Philippines, the country’s most awarded digital-only commercial bank, has long advocated for financi...