Just how many times a typical Filipino shops or visits SM mall every month?
I hope it’s not countless because if it is, just imagine how much money going out your pocket to spend shopping.
Some people don’t shop often but still they have to spend few bucks to dine and eat or watch a movie or have fun in the people’s favorite mall.
In this post, I’m sharing about shopping at SM and investing stocks of SM.
Note that I’m referring to SMPH (SM Prime Holdings) not SM Investments Corporation here.
“SMPH is the property arm of the SM Group with exposure to retail, office, residential, and tourism properties.
SMPH is also a good play on the Philippine consumer market as it is the biggest mall operator in the Philippines.
Despite its diversified property holdings, SMPH gets more than 70% of its income from malls and other rental properties making it a highly defensive property company.”–source: COL Financial
SMPH’s current Market Cap while I write this post is 489.61 Billion while its Revenue Growth is 28.29% making it a smart choice to invest for long term.
Shopping at SM vs Investing Stocks of SM
Many people can’t miss visiting malls coz it’s a great place that has it all – shops, movies, foods, games, friends hangout.
You’d surely have little stuff to spend to like petrol, lunch, coffee or that cute dress you just saw at Zara. A typical student who goes there every week spend around 3000 more or less every month without them noticing.
For instance let’s say you spend around 5000 every month shopping your favorite clothes, gadgets, or anything you fancy, watching movies or having fun at any mall like SM, you’re lessening your money or equity but adding profit to SM of course. You’re spending out around 60,000 a year if you’re really into that every month.
What if you invest that 5000 by buying shares of stocks of SMPH instead of splurging it with your mall rituals?
For instance, you save 5000 every month and invest it buying stocks of SMPH. You started that 6 years ago, in 72 months your investments would be valued around 692,694.
How would you like being a millionaire few more months? 🙂 If you want, join DailyPik now and start investing on stocks.