Stock Investment Program
A peso-cost averaging facility that proves to be a smarter way and better alternative to keeping your money in the bank
Stock Investment Program
A peso-cost averaging facility that proves to be a smarter way and better alternative to keeping your money in the bank
What is UTrade’s Stock Investment Program?
With UTrade’s Stock Investment Program (SIP), you can invest small amounts of money on a regular basis, allowing you to build your investment portfolio over time. This approach is known as peso-cost averaging, which involves investing a fixed amount of money at regular intervals, regardless of the market conditions.
One of the benefits of SIP is that you don’t need to invest a large amount of money to get started. You can begin with a small amount, and gradually increase your investment as you become more comfortable with the process. This makes SIP an accessible investment option for people with different financial backgrounds and investment goals.
By investing regularly in a stock investment program, you can take advantage of the power of compounding, which can help grow your investment over time.