Category: Investing

Should You Invest in Pre-Need Educational Plans?

Imagine you’re an OFW who’s been saving up for your children’s future college education through an educational plan and you woke up one morning reading this headline:

“Special Report: Prudentialife Plans Inc. (PPI) collapse dashes dreams of 245,000 policyholders”

Imagine if half of PPI’s policyholders are Filipinos working overseas. OFW’s would surely be crying buckets of tears and cursing heaven and hell over this nightmare after breaking backs and paying the premiums for several years for the sake of their children’s education. Continue reading Should You Invest in Pre-Need Educational Plans?

How Scholarship Grants Can Jumpstart Your Bright Future

When I finished high school I never expected to go to college in spite of passing the entrance exams of some of the top universities in Manila. Imagine a reed-thin high-schooler in me joining his classmates in exploring the hot, filthy, smoggy city of Manila taking chances of passing entrance exams even though there was no guarantee that I could enroll come the next school year.

I was already setting my sights to becoming either a security guard, a soldier, a janitor, a priest, an insurance salesman, an MLM scammer, a not-so-macho dancer, etc. since my father was sick and jobless and we just could not ask for help all the time from our relatives abroad. Not that they don’t want to help us, but it’s just not in my father’s vocabulary to ask for help from them. He always reminded us to work on our own to achieve what we want and to strive hard in order to get what we need. Continue reading How Scholarship Grants Can Jumpstart Your Bright Future

Which Mutual Fund or UITF Should You Invest In?

People who have been introduced to stock market investing recently have started to be exposed and be curious about other financial instruments available in the country for ordinary citizens today. Among these investment vehicles, the mutual funds and UITF’s (unit investment trust funds) have garnered the most popularity.

[Do you want to start investing in mutual funds but worried because you’re based abroad? Let me assist you. Click here]

It’s the other way around for me since I invested in mutual funds first before deciding to put my money directly in the stock market years back. It is actually the “cornerstone” in my current mission to help people achieve their financial goals and eventually become financially independent in the near future.

Let’s go back to basics once more and see if mutual funds or UITF’s are the best investment vehicles to ride in to achieve your financial goals. Continue reading Which Mutual Fund or UITF Should You Invest In?