Four years of investing in stocks and mutual funds may not be long but it has given me some insights which I want to share you with you. Here are the 3 + 1 bonus myths of investing and the reality or truths based on my own investing journey. Photo courtesy of: www.tnooz.com Myth 1: Investing is only for the rich. Fact: Have you ever heard of the term “retail investor”? According to InvestorWords, “A retail investor is an individual who…
I have been blessed that I had a chance to attend free seminars that featured top names in the Philippine investing world in the past 2 Saturdays c/o TGFI Web Academy and TGFI SG. Last blog post, I shared with you about “Investing in the Philippine Stock Market: A Webinar Conducted by Mr. Aya Laraya”, a webinar organized by TGFI Web Academy in cooperation with COL Financial. In today’s blog post, I will share with you about the: May 2:…
In my last blog post, I shared with you the comparison of interest rates/rates of return for saving account, time deposit, bonds and stocks/mutual funds. To refresh you, here is the table again: “Investment Vehicle” Interest Rate Interest Total Amount Savings Account 1% 1,000 101,000 Time Deposit 3% 3,000 103,000 Balanced Funds 7% 7,000 107,000 Bond Funds 5% 5,000 105,000 Stocks Funds 12% 12,000 112,000 In this blog post, I will share the two silent killers which we know but…
Last year I started my series on saving, the definition of saving, reason for saving and some ways to help us budget and save. I do hope you have instilled the discipline of saving, or at least have started to instill the discipline of saving. To be honest, it is not a one-time event but more of a daily struggle and challenge to ward off unnecessary spending, giving in to our wants, making excuses that it is a need and…