Category: Saving

FREE Personal Finance Management Seminar for Artists and Musicians

The Angat Pilipinas Coalition for Financial Literacy and OFW UsapangPiso Forum have found an advocacy partner in the Heart of Music Foundation headed by the legendary “Manila Girl” and Queen of Philippine Ska music Myra Ruaro, more popularly known in the local music scene as Skarlet Brown of the famed alternative/ska bands Put3Ska and Brownbeat All Stars.

Heart of Music is an NGO that seeks to secure and protect the health and livelihoods of local musicians. Skarlet is joined in this advocacy by another passionate jazz music artist and editor/writer Gou de Jesus.

On October 26, 2013 at 3pm, these heroes will conduct a FREE financial learning event for our fellow artists and musicians based in the Philippines. This will be held at the 70’s Bistro located in Anonas Street, Project 2 in Quezon City. Continue reading FREE Personal Finance Management Seminar for Artists and Musicians

What Consists a Fixed Income Fund?

Unlike stocks and equity funds, fixed income funds have “fixed rates” of interests or returns.  It is a type of mutual fund (MF) or unit investment trust fund (UITF) which is basically a pool of money that is invested in different types of fixed income securities.

The good thing about fixed income fund products is that they offer sureball, more convenient and more affordable ways of investing money in various fixed income securities in just one fund to satisfy different short-term to medium term financial goals like purchasing a car, a new house, or for a dream travel.

Remember our previous article about mutual funds and UITF’s? For short-term and medium-term financial goals (5 years or less), the best fund to invest in are the fixed income funds. But are you familiar about the different financial instruments that fixed income fund managers are investing in? Continue reading What Consists a Fixed Income Fund?

Why Are Some Stocks Called Blue Chips?

Why not white chips? Why not green chips? Or red chips? If you are a new stock market investor you may be wondering why there are companies or stocks that are called blue chips.

Okay, I’m not into gambling but it seems like the history of the term “blue chips” actually came from game of poker. In this type of card game, the blue chips are considered to have the highest value. Having blue chips in your game means you are playing with the safest bets.

In the stock market, blue chip stocks are those that are very much likely to make an investor earn money over time.  They are the elites and the most popular companies listed publicly. But what really are blue chip stocks and how do we recognize one? Continue reading Why Are Some Stocks Called Blue Chips?