Michael Enriquez from Sun Life Investment Management about finding the right investment for you
Navigating through the world of investing can be overwhelming, with a large number of options to choose from, market fluctuations to navigate and important factors to consider. According to Michael Enriquez, president of Sun Life Investment Management and Trust Corporation (Sun Life Investment Management), finding the right investment strategy ultimately comes down to understanding yourself as an investor.
Enriquez explains that there are important factors to consider when choosing suitable investments for yourself, such as your assets or amount of investable funds, time horizon for your purpose of investment, objective for your investments, your risk tolerance and experience in investing.
“We recognize the unique needs of every investor,” says Enriquez. “Part of our onboarding is to get to know the customer to better understand his specific needs before they even recommend a specific product or strategy. This personalized approach ensures that investment recommendations correspond to individual risk tolerance and financial goals. “
Investing for different phases and personalities
For young investors, Enriquez emphasizes the importance of defining their goals. “It would be very important for young investors to first understand what they want to achieve, as well as their tolerance at risk, before they jump into the most attractive product in the market,” says Enriquez. This proactive approach lays a strong foundation for long -term financial growth.
Conversely, people who approach pension give priorities to income and the retention of capital. Enriquez explains: “For this specific customer profile, stable cash currents must ensure that it is priority instead of looking at risky investments.”
Apart from someone’s phase of life, recognizing personality characteristics is also the key. “For the type of ‘go-getter’ that is always looking for the next big thing, they can consider looking at global multi-ash fund funds that offer access to various offshore assets and strategies,” suggests Enriquez while they do it Recognize importance of carefully assessing potential risks. On the other hand, Enriquez says: “For the risky investor, a simple solution for Geldmarktfonds can already produce a very decent return that potentially is even higher than the deposits of the bank and can be exchanged at any time.”
Recognizing your personality traits when investing includes being aware of how emotional decisions influence your investments. For example, impulsive decision -making can significantly influence investment results. Enriquez advises: “Investment decisions must be made on the basis of specific risk tolerance, investment capacity and specific needs, rather than being influenced by emotions.”
Stay ahead of the curve
Sun Life Investment Management is constantly developing its investment offer. “Delivery in global and regional investment teams, we are always updated on the latest investment and product trends in the region,” says Enriquez. “This has enabled us to launch more relevant and innovative investment strategies to meet the various product needs of our customers.”
Enriquez encourages Filipinos to embrace in the beginning. “Everyone should start investing today. Pooled funds, such as Investment Trust Funds (UITFs) and investment funds, offer small initial investable amounts so that everyone can participate, ”says Enriquez. “It is also important to collaborate with a credible and stable investment company that can guide you through your investment trip, such as investment management of Sun Life.”
Looking for the right investment for you? Sun Life Investment Management and Trust Corporation offers a wide range of investment solutions that meet different needs of investors. More information about the products and services of Sun Life Investment Management by visiting www.sunlife.co/slimtc
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