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

How To Set Up Your EIP Account with COL Financial

About two weeks ago, I posted a topic how to invest in Philippine stocks via the broker COL Financial.

While that post was mainly intended for overseas Filipino workers or OFW’s who do not have the luxury to go back to the Philippines to open their first stock market portfolio, anyone interested to start investing via COL Financial may refer to the procedures and requirements I wrote there.

I know it’s a bit overdue and I have not posted yet the procedures on how to set up your EIP stocks via the COL Financial platform should you opt to open an account with them. Continue reading How To Set Up Your EIP Account with COL Financial