Category: Family

“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)

OFW’s, Protect Your Money This Christmas Season

Quite a number of OFW’s are starting their homecoming (vacation) at this time. Most of them are staying up until Christmas or New Year’s Day. This is also the period and season when OFW’s are the main “target market” of scammers.

So how will an OFW be able to spot a financial scam such as pyramiding and avoid being the next victim while enjoying his or her vacation with loved ones?

Here are a few quick points to remember to protect you, your family, and your money during the Holidays: Continue reading OFW’s, Protect Your Money This Christmas Season

What Hurts You Can Make You Move (OFW Stories)

Every end of the month I send money back home for our tithes, to fund my investment portfolio, and a few more bucks for my mother’s monthly needs. Call it routine for many Filipinos like me who’s based and working abroad.

It’s common to see kababayans lining up the banks and remittance centers during the last week and first days of the month.  As you know, salaries abroad are given mostly on a monthly basis unlike in the Philippines where many companies pay their employees twice a month.

In fact, there are lots of heartbreaking stories you will hear from fellow Filipinos while waiting in line to send money. These are a few of them:

Continue reading What Hurts You Can Make You Move (OFW Stories)