INTRODUCING THE CONCEPT of “strategic investing” and creating a portfolio, the Junior Financial Management Association (JFINMA) held the “Investing Bootcamp Season 3: Unleashing the Power of Strategic Investing,” last February 21 at the Abbot Lopez Hall.
The bootcamp is one of the annual events of the organization with the goal of “opening opportunities,” empowering financial literacy, and introducing investment strategies. Leading the activity was Angielou de Guzman, the Vice President for Internal Affairs of JFINMA, who mentioned how important it is for students to be informed on the investment market.
“I firmly believe that students should know market trends and changes to improve their financial literacy and make informed decisions while handling their finances. It can also assist them in avoiding impulsive and illiterate decisions that may lead to adverse outcomes in the future. In addition, knowing the financial sector can lead to career prospects in insurance, investment banking, wealth management, financial planning, and risk management,” said de Guzman.
Mr. Arnold Matutina, a registered financial planner, then led a discussion on insurance management and making investment decisions. In his discussion, he also introduced the basic key terms on insurances and how it works, particularly on which insurance plan is appropriate for one.
In accommodating the questions of the attendees, Mr. Matutina reiterated that financial success is “not instant,” and for college students it is best to know priorities. Sharing some words of encouragement, he mentioned how it is best to follow your passion and “think of helping your parents” as an inspiration in achieving financial growth.
The second lecture was delivered by Prof. Carlos Leandro Felipe who then spoke about Investment Portfolio and Management. He provided an overview of what a portfolio is, including the scope of a collection of financial investments. He also discussed why it is important to “stay informed and be flexible” when one ventures in the complexities of the financial market.
Sharing a piece of advice and answer to some queries, he mentioned that it is best to “start investing as early as possible,” adding how one’s emotion can be a “factor” in making approaches in investment.
On the overall evaluation of the program, de Guzman shared her appreciation on having an insightful and interactive event—particularly on how the presenters provided “valuable knowledge and experience-based scenarios,” along with how the participants have showed their “strong desire and interest to apply what they have learned.”
Underscoring intrepidity when it comes to making decisions involving investments, De Guzman wrapped up the event while imploring the Bedan community to be “brave to take risks and utilize all the knowledge you have acquired from professionals. This will not only be useful for your personal growth but also for the improvement of the economy that we are a part of.”
(with Marc Joseph Felix)