Are you thinking about investing in the stock market but don’t know how to begin? Are you afraid of lack of knowledge about what stocks to invest in? You’re also probably thinking that you don’t have time to watch the market. If any of the above questions applies to you, then UTrade’s Stock Investment Program (SIP) is the solution. The SIP is a peso-cost averaging facility that proves to be a better alternative to keeping your money in the bank. The amount you invest in the SIP doesn’t have to be a big one, it won’t break your bank and yet, you know that by investing regularly, you’ll be reaping the benefits later on.
How does it work? UTrade will recommend a basket of stocks chosen based on fundamental research. Based on this, choose the stocks from industries which interest you. With UTrade’s SIP facility, you can easily nominate the stocks you want to enroll. Next, decide how much you want to invest or set aside for the SIP then determine how long you intend to be making the regular investment, depending on your long-term goal. Before your next purchase is due, you will conveniently receive an email reminder from UTrade.
Think of it as a form of savings wherein you invest a fixed amount of money in a particular stock, in regular intervals, over a long period of time. You can choose to enroll as many stocks as you want.
The SIP program is a good way for new investors to start investing in the stock market. It can also be beneficial to those who have no time to watch the market on a daily basis or are not comfortable with investing a big amount of money in just one go.
Begin your stock market investing journey with the UTrade Stock Investment Program!