Why OFWs Must Invest in the Philippine Stock Market

Investing in the Philippine stock market is one of the best financial opportunities for Pinoys abroad. Not only can it help you build a better future for yourself and your loved ones, but it can also provide you with extra passive income. But if you’re still hesitant about the idea, then allow us to change your mind with the following reasons.

The Money You Deposit in Banks Isn’t Growing

Instead, it just sits there idle. Meanwhile, the banks are making a killing in the Philippine Stock Exchange with the money you deposited. Once they’re done making big profits, they’ll generously give you a tiny amount of their earnings as your interest. Yes, it’s okay to store money in banks for safekeeping. But if you want your money to earn more money for you, you need to put it to work at the stock exchange.

Progress in UITFs and Mutual Funds Tend to Be Slower

Investing in financial instruments like mutual funds and Unit Investment Trust Funds (UITF) is indeed the less risky road to take. But if you think your money will grow at a fast rate there, then you’re in for a rude awakening. Big rewards only come with big risks. The more cautious a financial program is, the slower the money’s growth. That’s why mutual funds and UITFs are ideal only if you’re investing money you can’t lose like the cash you can from OFW cash loans and collateral loans.

Inflation Will Affect Your Savings

Even if you’re a high-earning global Pinoy abroad, your earnings’ value is still subject to the market’s inflation. Sure, you’ll have cash on hand, but as time passes your financial needs grow higher while your money’s value stays the same. By investing it in the stock market, you’ll be able to ensure that your money’s value stays ahead of the inflation curve.

So You Can Enjoy Dividends

One of the perks stockholders enjoy is that they get to enjoy the fruit of their companies’ labors via dividends. Dividends not only serve as a good source of passive income, but it also gives its owners a sense of prestige that they’re part of a profitable company. If you’re just getting started in the stock market, best invest your hard-earned bucks in a company that gives dividends.

One Last Reason

The reasons above should be more than enough to convince you to invest in the Philippine stock market. But if you’re still not game, here is one last reason: Because you can! OFWs abroad are more than welcome to participate in the Philippine Stock Exchange. With the great financial gains it offers, you shouldn’t miss it!