Investments made easy
Stick to Your Investment Plan Even When Others Do Not
The stock market has been crashing the past few weeks. I’m not worried nor am I sad. As I posted in my Facebook wall, “I am keeping calm and investing on.” Why?
The basic definition of a stock is “ownership in a business.” [Read more…]
Whenever the topic of financial education is brought up, most Filipinos brush it off thinking that it is only for businesspeople or for the “rich”. The truth is, we all need it. If you want to be free financially or if you want to be rich, you need to learn this!
Although we don’t pay much attention to it, it does affect our daily lives. To put a child to school, to own a house, to drive a car, to pay the bills – all of these will be affected by both having and not having the knowledge about handling money wisely.
People think that acquiring huge sums of money will solve their problems. It may be true for some, but without the knowledge to handle it correctly, others might find themselves in a [Read more…]
Stock prices go up or down because of a lot of factors.
It is affected by the economy, business performance, political situation, and world events.
Stock market traders take advantage of this up and down movements.
They will buy when the prices are low, and sell when the prices are high.
This can happen in a matter of minutes. Mabilisang kita, but it is risky because the buying and selling should be timed exactly. If not, they will lose money.
What if there is a way to invest in the stock market that is steady and safer? Regardless of your age, income, and experience, you can be part of the growth of the Philippine stock market. How? through Peso Cost Averaging.
Peso Cost Averaging is a strategy that long-term investors use to invest in the stock market. It involves investing a fixed amount of money at regular intervals over a long period of time (10- 20 years).You do this regardless of the situation in the market, government, or the rest of the world.
You can master this strategy in 3 simple steps: [Read more…]
It is Christmas time once again! The favorite holiday of Filipinos. It has been said that the Philippines has the longest Christmas celebration all over the world. As soon as BER-months arrive, we could hear Christmas carols being played. Decorations are being set up in every house.
In line with the Christmas spirit of giving, there comes a long list of inaanaks. Wealso exchange gifts in every Christmas party we attend. After all, Christmas only comes once a year so we might as well enjoy it.
Gift giving is already part of our culture. And there is nothing wrong with that. But Christmas spending [Read more…]
When you go around our country, you’ll see proof of the Filipino dream of owning a business. In every corner, you’ll most likely see a sari-sari store, a food cart, or an internet shop. Year after year, you cannot stop entrepinoys from putting up a business of their own. Not all of us can afford to put up our own business or even have the time to manage it. So, how can an average Filipino go into business with only P5000?
Did you know, with that amount, you can already be part owner of every SM mall with Henry Sy [Read more…]
When it comes to saving money and investing for your future, it’s never too early to start. Every payday, most of us are faced with the dilemma whether to start saving today or put it off until next month.
Here’s a story of a young man who knew that he could earn more for his future by starting to save earlier.
At age 22, Ping took the first steps in making his money grow. Every month, he saved P2,000 of his monthly income. Then he placed it in a good and stable investment that gave 10% compounded interest yearly. He did it for 10 years until he was unable to add more to his investment and forgot about it.
On the other hand, his friend Pong took his sweet time before investing. He waited until the age of 40 when he had money to spare. He followed the same steps but he doubled the amount [Read more…]