Too many times we hear our co-workers say, “wala na ‘kong pera eh” (I don’t have cash on hand anymore.). Ironically, you hear that line usually within five days after the last payday.
If you are one of them, it’s understandable if you are sending a kid or two to school. Or when a relative is sick back home and you need to regularly send a fixed amount on a monthly basis. That applies especially if you are working overseas or outside Metro Manila.
But if you are saying that line and you don’t have savings or investment, and you are holding on to a brand new iPhone or Galaxy tab, then you do not have the right to complain.
Continue reading You Can’t Complain “I Don’t Have Money”
Browsing through the websites of banks, stockbrokers and even some government agencies, you will sometimes encounter a button that says, “Apply Online” or “Open an Account Online”.
Let’s look at some samples of what you may encounter when you decide to open an account.
Continue reading Are Banks and Stockbrokers (and Government) Violating the E-Commerce Law?
Four Types of NERDS
Theoretically, there are four types of nerds in the world:
1) Those who were scammed and are crying in the rain
2) Those who were scammed and pretending they were not
3) Those who are waiting to be scammed
4) And those who HUNT for SCAMMERS
Continue reading I Am Scam Hunter
Once there was a 25-year old man named Kiko (real name withheld for security reasons) who knows nothing about investing but wanted to earn more apart from his monthly salary. He works as a janitor in a small professional firm in Makati.
One night, while doing his routine after-office cleaning, he noticed that one of the computers was left on by one of their employees who probably went off hurriedly for a Friday night gig. Kiko took the chance to browse the internet. (Yes, Fesbuk!)
Continue reading A Janitor Invests in the Stock Market
Let’s settle this thing once and for all.
A lot of accountants think that auditors must do their auditing jobs efficiently. They believe that auditors must do their research assignments first before asking too many non-sense questions in an interview that lasts at least two favorite primetime shows or Koreanovelas.
Continue reading Accountants and Auditors Are Two Different Dinosaur Species
Sorry, I’m not talking about romantic and infatuated love affairs. This is about how distance and the social media played effective roles in building business relationships and serving other people in our recently concluded personal finance and investment literacy seminar held in Singapore.
Continue reading Long-Distance Relationships Can Work (3,961 Miles Away)
There is one popular investment guru and columnist who’s a known hardcore active stock market trader and totally hates the cost-averaging method of investing. One guy posted a comment on the guru’s Twitter account saying that “Cost Averaging” is an effective strategy than having no strategy at all. The popular guru replied, “Doing bad is better than doing nothing at all?”
That’s how he hates “laziness”. That’s how he hates passive investing using the cost averaging method.
Continue reading Your “Laziness” Can Make You Rich…(Wehhh???)
You should not invest in the stock market if you don’t want to secure your family’s future.
If you want to be dependent on your children and other people during your retirement years, don’t invest in the stock market.
Continue reading Why You Should Not Invest in The Stock Market
When a fellow investment advocate urged me to start an online movement to teach overseas Filipino workers on investing, entrepreneurship, and personal finance, I began to realize that this must be the reason why this time around God wanted me back here in Saudi Arabia.
Let me go back in time.
Continue reading An OFW Must Learn and Invest to Achieve Financial Independence