Money
-
When do you know when it’s time to retire?
Have you been taught on how to live your final years before you die? Chances are, you were not. In the first place, you do not when will you die, right? But assuming that you feel that you are already living out the last chapter of your life, which is your retirement years. How do you Read more
-
How do you solve the “sandwich generation” problem?
According to Investopedia, the sandwich generation is named so because they are effectively “sandwiched” between the obligation to care for their aging parents – who may be ill, unable to perform various tasks or in need of financial support – and children, who require financial, physical and emotional support. I don’t know much about other countries but Read more
-
5 Reasons Why You Need To Put Off Your Early Retirement Plans
According to a popular Money Talk Show in the Philippines, ANC on the Money, most Filipinos see long-term as just 5 to 6 years. The truth is, long term should be at least 15 years. There’s a lot to consider as you approach retirement. It’s a growing concern because not everyone is educated on how Read more
-
3 Things to consider when Investing
Investing your money is a serious business. After all, it is your hard earned money and there’s nothing better than to find a “vehicle or instrument” where you can “park your money” and let it earn a little more. 1. Have a long-term mindset. Investing your money grows over time but if you expect it Read more
-
8 Ways to Renew our Old Mindsets on Personal Finance
Here are some of the old mindsets that pervaded our thoughts on Personal Finance. How it can be replaced with the new way of thinking? It’s like the old becomes new. Sounds familiar? But that’s the way it should be. 1. Old Mindset – Buy now, pay later. A. New Mindset – Save now, buy later. 2. Old Mindset Read more
-
How To Invest in Real Estate (Real Estate Investing in the Philippines)
There are many ways to invest in real estate and yet, you will be surprised that there are still many Filipinos who are clueless on how to go about it. I started off my career in the real estate industry. Fortunately, it was with Ayala Land, where I had my 1st job – at that Read more
-
Dealing with Retirement
If you are working, self-employed or have a business, like death and taxes, one thing is certain: You are going to retire someday. When talking to a Financial Planner or Advisor, they can help you prepare for it but usually, the focus is on monetary concerns like how prepared are you financially when retirement sets Read more
-
The most important thing we can learn from “Heneral Luna”
As of this writing, a movie entitled, “Heneral Luna”, is being shown in its 3rd week in Metro Manila cinemas and nationwide. The movie heightened the Filipinos’ sense of patriotism and love for country at the expense of self-interest. I will not dwell on the storyline as this is already part of Philippine history. But Read more
-
What is a Safe Investment?
People tell me that they prefer to keep their money in time deposits and savings accounts rather than put it in investments like stocks, mutual funds, and other investment instruments. (Note: time deposits earn like .75% effectively while savings deposits earn less than 1% or .25%) I’m certain that 10 years from now… Tuition fees Read more
-
Here’s the Right Thing to Do Before Investing.
Lately, I’ve been seeing posts in Facebook about some people complaining in certain real estate groups about a local real estate company. The long and short of it is that these people complain that they got duped. They claim to have invested a lot of money, only to be short-changed in the end. In other words, Read more
-
My Client’s money doubled in 8 yrs!
My client invested P300,000 last 2007 in a balanced fund. A balanced fund is a mix of equities/stocks and fixed income instruments. The following year, 2008, there was a recession in the market. Naturally, investments plummeted to an all-time low. I remember my client calling me back then. She was very nervous and was telling Read more
iamronniereyes.com 