Before you start getting worried wondering if you did something wrong at work, don’t be. In this case, being FIREd is a good thing! I’m talking about a term being thrown around in personal finance: FIRE. What is FIRE? FIRE stands for “Financially Independent, Retiring Early.” I know it literally sounds like early retirement, but […]
There has been a surge of popularity of cryptocurrencies among Filipinos with many buying or investing in Bitcoin. Since its inception in 2009, early adopters of Bitcoin have made a lot of money like celebrities Ashton Kutcher, Paris Hilton and Floyd Mayweather. This earlier this month, another record was broken with one (1) bitcoin being […]
Have you approached by real estate agents trying to sell you a condominium (as an investment)? Investing in real estate properties (like condos) has been a popular option for many Filipinos who want to diversify their investments beyond stocks and mutual funds. But, unlike those more mainstream investments, there’s more to this type of investment […]
Have you started? How much do you need for your retirement in the Philippines? Good news and bad news… Life expectancy for people living in the Philippines are have increased over the years. It is projected to increase to 79 years old in 2050. This means that if you plan to retire at the age […]
Most of the time, excuses are pretty harmless. But when it comes to not investing, or not investing enough, it can have serious consequences. For example, a lot of people are poorly prepared financially for retirement. They blew it by not looking toward the future and investing throughout our lives. Consider these figures: Out of […]
So where did the term “blue chip” come from? And how did big companies such as Jollibee Foods Corporation (JFC) , Bank of the Philippine Islands (BPI), Megaworld Corporation (MEG), Globe Telecom Inc (GLO) and Manila Electric Company (MER) come to be known as blue chips? The name “blue chip” came about from the game […]
Learning how to invest in the stock market is not difficult. You just need to know where to start. On this page, I will share some simple tips to how to get started at growing your money in the stock market. Learning How to Invest in Stocks Starts with Education Before you part with any […]
Have you recently decided to start investing but don’t have the time or knowledge to monitor your investments? Are you opting to choose investment funds that provide professional management of your investment? Should you invest in a variable universal life insurance, a mutual fund or a UITF? On today’s post, I will be giving you […]
Filipinos working abroad need to realize that they cannot work forever. Sooner or later, they will retire, won’t be earning as much and most likely come back home to the Philippines. Thus, they need to make the smart financial move to make their earnings work for them by investing. Whether it’s buying their own home […]
I’m sure she meant well, really. This happened to me a 8 years ago. I was going to open a mutual fund account with an investment company. As part of their paperwork requirements, I was to fill out a risk tolerance questionnaire. Basically, the questionnaire answers the questions: “Where should I invest my money? Should […]