Figuring out what to do next

          I'm a newbie in a world of investing. It was last year that I started reading  financial blogs. And through reading I've learn to plan & set some goals. But if I'm going to summarize all my goals, there are only 4 particular goals that I want to achieve before year 2014 ends.

First. Set an emergency fund. 30,000 is my minimum target - okay done with it.

Second. Open a mutual fund - Balanced fund first - done with this too, opened @ FAMI.
So, why Balanced fund? I'm not a risk taker based on profile test I took that's why I choose a moderate risk investment plus my time frame is about 3 to 5 years before I liquidate my investment. What I like about mutual fund is I can make additional investment anytime or stop anytime, without the fear of getting charges/penalized if i failed to add either monthly, quarterly, semi annually, or annually for as long as your not withdrawing the amount within 6 months no fees will be imposed  ( but it is always best to have a regular top up on investment).The only fees that is deducted is the sales load or entry fee in placing additional investment & the management fee every year.
(Note: This is Fami rule only- Sales Load 2% for 1,000-99,999 investment, Exit fee 1% first 6 months, Annual Fee - 1.75%).
Every mutual fund company has their own sets of rule so it's better to read company prospectus first & check their websites before investing).

Third. Open another mutual fund - but this is for Equity fund- not yet done with this.
I want to take a little dipping toe test on what it feels like to have a high risk investment. I know that the return for this kind of investment is higher in 5 to 10 year range.
I want to apply to Philequity fund for this but I need to apply personally to their office first before I can open an account based on my phone inquiry I did last month. The problem is I cannot be absent at work because of the workloads we have these days. The easiest way is to just deposit again to FAMI for an equity account but based on historical NAVPS I'm reading on their websites both Philequity & FAMI, I think Philequity has a better performance in Equity Fund.

Fourth. Open a Time deposit account/Special Savings Account. - not yet done with this. Still on the process of saving P 10,000.00 for my second emergency fund.

Another option I have is to open a Sunlife Flexilink account, I'm studying the proposal I got. I think it's good but then I need to reevaluate my financial capacity. First is that, I have another plan next year ( planning on studying again) and I don't want to add another financial obligation. Second, considering the stability of my company, I still don't know how long our company will run. Third is that, our company is turning over to us the obligation of paying for our Life Insurance that we have @ BPI-Philam Life, just two years left to finally complete the 8 year plan they took.

          I'm interested in stock investing too, but I still need a lot of learning here before I finally enter the next level of investing which is to invest directly @ the stock market.


Guys, please do give me some advise here, if you know other ways on how I can open an account @ Philequity Fund without personally applying in their office.
Or you may correct the information I've written here if you happen to see some faults.

Have a great weekend !!! God Bless!!!