It was at the dinner table, we ate at the nearest Shakey’s Pizza restaurant to celebrate my brother-in-law’s 37th birthday. My father-in-law asked, “I heard you are starting an investment fund?”. Then I went on to explain that it would be for our future kids. He smiled that I was so advanced in thinking ahead since we don’t have kids yet. And he started asking about the stock market and whatnot.
So I Became a Fund Manager
Not professionally or as a business. But I started a fund for our family. The fund’s goal is to serve as a college fund for my future kids. Some of my in-laws have contributed to this fund and would like to join in the action.
Convinced that I may know what I am doing, he asked if he could join. And I politely said yes. So here I am, a fund manager, managing my own and other people’s money.
The Reason for Starting a Fund
It was suppose to be a college fund. Since it would be 18 years into the future, it may be a good idea to start early, so when I am older and my kids ready for college, we already know where to get the money.
I will be posting the growth of this fund on this blog. It could be a great learning experience.
Ready to Invest
I already created a separate brokerage account for this fund and I have bought a couple of stocks yesterday on the decline. I would be posting the performance of the fund every portfolio update. So stay tuned.
So glad you’re starting a fund! It’ll be one hell of a learning experience for sure. And right now is not a bad time to start it.
Do you have a name for the fund yet?
Thanks Ryle. Its going to be one good learning experience for sure. Borrowing from Buffett. It will simply be called our surname + Partnership. Kinda like Buffett’s Partnership.
Can’t wait on read more about running your fund. Good luck! Would you mind sharing your investment strategy?
Thanks Katie. My strategy has been written all over this blog. You can start here: https://www.valueinvestingphilippines.com/my-value-investing-strategy/