What Resolution Do You Have for 2023? Let's Make it Happen with Bibit

INVESTMENT - JAKARTA. Approaching the end of the year, people would usually look back on their journey throughout the year and determine whether their goals have been achieved. Like the general public, many users of Bibit, an investment app for mutual funds and Government Securities (SBN), have successfully achieved their goals.

Throughout 2022, there were at least 90,596 successful investment portfolios at Bibit, including 1,997 couples who got married with the money they invested at Bibit, 1,907 people who bought their dream house and 2,255 investors who made their dream vacation come true.

PR & Corporate Communication Lead Bibit, William, said that even though 2022 is quite challenging for some, people can realize their financial goals by investing in the right way in the right investment products in a platform that is legally licensed and supervised by the Services Authority Finance (OJK).

"Through various educational and literacy efforts that we carry out, Bibit always say to the public and users that consistency in investing is key. It’s not about how much you can save, but how disciplined you are is what determines the success. The proverb ‘many a little makes a mickle’ is true,” said William.

In welcoming 2023, Bibit invites people to build their investment portfolio, be it for savings funds, pension funds, children's education funds, emergency funds, to buy a dream house, go to the Holy Land or for any other financial purposes. As it’s just a matter of days before we start the new year, in particular William invites people to strengthen their will to make 2023 a glorious year.

For first-time investors who are yet familiar with the capital market, Bibit offers a safe, easy and seamless mutual fund investment. Mutual fund investment management at Bibit is carried out by investment managers who are selected based on their professionalism and positive track record.

Meanwhile, profits from investing in mutual funds are not taxable. Furthermore, mutual fund investments can be made directly on the Bibit application as it only takes a few minutes to open an account and the process is 100% online.

“Aside from these benefits, buying or selling mutual funds at Bibit is not subject to commission fees. If a user wishes to withdraw their investment, the process is fast and free of charge. For first-time investors who don’t fully understand about mutual funds, Bibit provides the Robo Advisor feature that can help them choose mutual funds, whether it is money market, fixed-income or equity mutual funds that suit their risk profiles," William added.

For people who want to invest in Government Securities (SBN) and contribute to the development of the country, Bibit can also facilitate it as Bibit has been officially appointed by the Ministry of Finance Republic of Indonesia as Distribution Partner to sell SBN in early 2022.

As a Distribution Partner of SBN, Bibit is proven to be a highly trusted partner by the public. In the issuance of SBN Syariah Series ST009 (offering period 11-30 November 2022), Retail State Bonds series ORI022 (26 September-20 October 2022), and retail SBSN series SR017 (19 August-14 September 2022), Bibit became a Distribution Partner in the Fintech category with the highest sales.

Previously, during the sale of the SBR011 Retail Savings Bond series from 25 May to 16 June 2022, Bibit was also a Distribution Partner in the Fintech category, which recorded the largest number of investors.

"This being said, we invite everyone, whether you have or haven’t used Bibit app, to invest in a safe and easy manner. We hope that the various features and initiatives that Bibit have introduced to the community can help everyone realize their financial goals in 2023, which may have been their most awaited dream," William concluded.