Category: Personal Finance

I Trade With My Loose Change

If you are an active trader and you happen to read my post on how my stock portfolio looks like, you would say that I’m a very boring investor.

My 3-guard combo stock market strategy is made up of three parts where the biggest part is dedicated to long-term investing. This is where I buy shares from two of my favorite companies: Ayala Land (ALI) and the Philippine Stock Exchange (PSE).

Guess why I chose them for my long-term investing. Cost-averaging for these two companies is like feeding green leafy vegetables for my portfolio’s longevity. 😛

The second biggest part is intended for my medium-term investing which uses the strategic averaging method. For the past few months, I have First Philippine Holdings (FPH), Meralco (MER), and Metro Pacific (MPI) that I buy below prices and continue to buy until target prices are hit. And then sell them all. But I may consider one of them to be part of my long-term investing soon. Continue reading I Trade With My Loose Change

Angat Pilipinas and the Financial Literacy Act for Students (HB 490)

Towards the end of the year 2012, our non-profit organization Angat Pilipinas Coalition for Financial Literacy widened its scope from focusing on OFW’s and artists to include the students and youth in its mission to provide financial education to all Filipinos.

Just as we were struggling to look for volunteers and partner organizations to collaborate on projects that will send the message to the government and the Department of Education about our advocacy, a good news came out from the office of a lawmaker named Juan Edgardo Angara from the lone district of Aurora.

The congressman has authored the House Bill 490 or to be known as the Financial Literacy Act which will “encourage the development of financial literacy programs in educational institutions and the private sector.”

This will therefore address my previous concern that financial literacy is not in the 10-point agenda of the Department of Education (DepEd). Continue reading Angat Pilipinas and the Financial Literacy Act for Students (HB 490)

“I’m Not Sir Cheap” (Time for Rewards)

We were so happy a week ago (January 28, 2013 to be exact) because the Philippine Stock Exchange index rallied to 6,192.42. Remember a week ago when I wrote “While We’re Taking Profits, You’re Still Not Investing”?

Well, where are we now? PSEi reached 6,470.49 today lang naman, Sir Chief fans. That’s 278.07 points up in just a week.

This is to debunk a humorous commenter’s accusation that I’m a miser and I act like Uncle Scrooge for being too stingy as a long-term investor and as a frugal person.Well, guess what? I do celebrate and I am generous. But only if I have the cash.  Just like today. 😛

After all, I allocate one slot in my portfolio for short-term investing/trading. That’s where I get my cash to celebrate. The rest are for medium to long-term investing.

Note: I’m not watching that ABS-CBN soap. My wife does. (Wooshoo!!!) Continue reading “I’m Not Sir Cheap” (Time for Rewards)