Congratulations, You Just Wasted Your Money

I hear people saying that living only on 70% of their income is completely ridiculous. Impossible. Crazy.

But you won’t see them cutting down their spending on cigarettes, liquor, partying, gourmet food, expensive coffee, and a whole lot of lovin’.

For those who don’t believe in the Power of Compounded Interest, let’s check how much you wasted when you purchased the following things from 2011 to 2012. Continue reading Congratulations, You Just Wasted Your Money

While We’re Taking Profits, You’re Still Not Investing

The Philippine stock market index has rallied to a new all-time high today, rising by 24.78 points to close at 6,192.42. (6,377.75 as of October 9, 2013) – [UPDATE: PSEi closed at 7,236.38 on October 23, 2015]

This good news and those numbers mean almost nothing to you if you’re not yet investing in the Philippine stock market.

I have received quite a few good number of inquiries from my blog and through our forum sites and pages on how to open a stock trading account so that they can finally start investing or trading. Most of them are Filipinos working or living abroad (OFW’s and migrant Filipinos). Continue reading While We’re Taking Profits, You’re Still Not Investing

Are You Part of the Lucky 1%?

The Philippine Stock Exchange has reached an historic and all-time high 6,000 mark today, January 7, 2013.

To an ordinary citizen and for those who refuse to learn how to invest in the Philippine stock market, this news mean nothing. But if you are part of the very small Filipino population who invest in the Philippine stock market, consider yourself lucky for reaping the rewards of being a high-risk taker. Continue reading Are You Part of the Lucky 1%?