Should You Buy A Car Now That You’re A Regular Employee?

Why not? It’s your dream. Besides, you now got a regular job. (Yeah!)

A car, whether it’s brand new or second-hand/previously-owned, is an “asset” that will build your reputation as a “someone who has” in your neighborhood.

The sweaty days of riding the jeepney or getting extracted like lemon inside the MRT from Cubao to Ayala will soon be over!

Thank God! Hallelujah! A new car! How about that! Continue reading Should You Buy A Car Now That You’re A Regular Employee?

Should A New Stock Investor Use Fundamental or Technical Analysis?

The (feeling) young and new investors naturally become curious with the different terms in the financial markets. These include fundamental analysis and technical analysis.

Generally, technical analysis is used by traders, while fundamental analysis is used by investors. I hope by now you already know whether you are an investor or a trader.

Before we determine which technique fits your risk profile as a new investor/trader in the stock market, let us define first what fundamental and technical analyses mean. Continue reading Should A New Stock Investor Use Fundamental or Technical Analysis?

Are You Suffering From Financial Obesity?

I hope you don’t mind me writing about “financial illnesses” lately. The other day, I talked about why we need to stop “comparisonitis” as well as how to prevent from experiencing it again.

The purpose is to help you know whether you carry the illness. And if you do, then let’s help each other find ways to heal it.

Today, we will talk about financial obesity. I first heard this type of financial illness from author and motivational speaker Larry M. Jacobson.

According to Larry, financial obesity pertains to one’s obsessive and self-sabotaging need to constantly overspend and remain financially unhealthy. Like over-eaters, the financially obese allow fear to prevent them from achieving their personal and financial success they desire. Continue reading Are You Suffering From Financial Obesity?