Investments made easy
When it comes to investing, FINANCIAL LITERACY is the starting point. Like what I said in my previous blogs, we all need it because it does affect our daily lives.
That’s why here in PESOS AND SENSE, we advocate financial education. In line with this, I am glad to share with all of you that I will be part of the Money Summit and Wealth Expo 2013. [Read more…]
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…]
Year after year, millions of our fellow Filipinos work abroad to provide a better and secure future for their family.
True enough, OFWs are able to send their children to good schools, provide comfortable homes, and buy the things they need. But, in exchange for this, are the years they spend away from home.
Every month, OFWs send a huge portion of their salary back home in the Philippines.
Whatever is left will be for their personal living expenses. More often than not, what is set aside for savings is spent for emergency expenses and other unforeseen circumstances in the Philippines.
Indeed, they are our modern day heroes.
But, if this will be the usual scenario, [Read more…]
Most Filipinos, when they hear about the stock market, think that it is for businessmen, company CEOs, or people who have millions of pesos. Some think it is for intellectuals who understand all the graphs and can do countless analysis. But the truth is, investing in the stock market can be simple–even a student can do it!
You may have heard of scary stock market stories where people lose so much money in such a short time. This can happen in a matter of seconds. People called “Traders” transact like this in the stock market. Mabilisang kita, [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’s all over the news – the Philippine Stock Exchange (PSE) Index is reaching all-time high levels almost every day. A common Filipino may think, “I’m not interested. I’m not part of it anyway.” But wait! You can be part of it, take advantage of its growth, and make money as well.
The answer is simple–INVEST in the stock market!
For PLDT to install more phone lines and for Jollibee to build more branches, they need capital to support these projects. Believe it or not, they need it from you!
To generate funds, these companies sell ownership or stocks to the public. Therefore, when you buy stocks, you become a part-owner of the company. To know more about the stock market and how it works, read this: Be a Partner with Business Tycoons