Category: Investing

Financial Literacy: Not in DepEd’s Agenda

Most children in the Philippines are financially-spoiled.

And most parents in the Philippines don’t teach their children the real value of money. When kids want to have something, most of the time, the parents will just give in and will do everything they can to look for money. Never mind if the money is credit card money. Or money borrowed from neighbor or officemates.

Most children are not taught to save money and to work hard to get what they want. However small or big that thing is.

What makes it sadder is that most Philippine schools do not even teach basic personal finance subjects to their young students. And saddest, most teachers are financially- illiterate as well. Continue reading Financial Literacy: Not in DepEd’s Agenda

My 3-Guard Combo Stock Market Investing/Trading Strategy

After sharing my stock market investing/soft trading strategies to the readers of Fitz Villafuerte’s latest blog post “Are You an Investor or a Trader? A Simple Test To Find Out“, I thought I should share them to my readers as well.

But before I do that, let me just emphasize once more the difference between an investor and a trader, as defined so clearly by Fitz like the crystal pristine waters of the South Pacific Ocean.

According to Fitz,

Investing is long-term, which means you buy, hold and sell after several years or even decades.

Trading is short-term, which means you buy and then sell only after a few days, weeks or months. Continue reading My 3-Guard Combo Stock Market Investing/Trading Strategy

How Do You Teach Your Kids About Saving Money?

It’s in the culture of Filipino elders to give money to children during Christmas as gift. Children (and parents) then use this money to spend on anything that they want as something new to have for Christmas and the New Year.

But while this tradition should continue, parents and godparents should also teach children to save money that they receive.

It is good to spend, but it’s better for them to learn the value and benefits of saving money. Continue reading How Do You Teach Your Kids About Saving Money?