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%?

Pretend To Be Rich?

To cap off my Christmas blog posts series, I thought it would be apt to write something about how some people try to win friendship with the rich by trying hard to be like them.

In my opinion, there’s nothing wrong with that. In fact, that’s even healthy. Some life and finance coaches even recommend brushing elbows with the wealthy (financially, spiritually, relationally). Being friends and in company with the rich attracts positive vibes and makes you feel good. Which is actually good. Continue reading Pretend To Be Rich?

“Pare, Can I Borrow Money? I Need It for My Son’s Birthday”

I have an acquaintance who has been an active investor in online multi-level marketing and other paid-to-click schemes. Indeed he was making a lot of money from his ventures.

But there is one problem. Whenever he earns thousands, he spends them all on things that are on his wishlists. Monthly wishlists. Continue reading “Pare, Can I Borrow Money? I Need It for My Son’s Birthday”