When I went for a break I received a text from GCASH with "invest" on the sender's name. Usually this word would catch my attention as I constantly look for new investing programs.
So I read the message and it mentioned that I just need Php 50.00 to start investing. As always being skeptical I did not immediately follow the instruction to start. I decided to search further for it to make sure it is a real deal. Knowing nowadays scams are everywhere.
As I have researched yup it's true and only few GCASH subscribers where sent the message. Paying Php50 will start you on investing in unit investment trust fund (UITF) which will be handled by ATRAM Peso Money Market Fund.
Full details of what I learned could be read here
I still need to dig deeper into it since as mentioned it will just yield low return but the though of just investing as much as Php50 is not bad at all. Well maybe I just want to think through first before jumping into it.
I'll let you know any update on another next blog.
Keep going,
Madz
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