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Will You Retire in Style?
If you are the president of a top 1000 corporation, a super-rich businessman, or a well-known tycoon, you could probably retire in comfort and in style. You could spend your retirement days in luxury, travel around the world, and enjoy the fruits of your labor with your family and loved ones. Why is this so? My belief… Read more
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That elusive Gold.
Last night, the whole nation watched the FIBA Asia game pitting China against the Philippines. It was a big letdown when Gilas Pilipinas lost but not without a fight. To be fair, China played better and the Gilas team did not play their best. What compounded the problem was they had to do some cheap… Read more
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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
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How do you solve a problem like Manila traffic?
Out of frustration, I’ve been reading up on the traffic news in Metro Manila and it’s pretty clear that it’s getting worse. To date, there are no signs of improving. Sure, there are government efforts to improve it but it has yet to be seen. While I believe that this could be fatal, on a… Read more
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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
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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
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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
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Is it really a safe investment?
Some of my friends 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… Read more
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Making the Right Financial Decisions
I once heard a speaker say, “Every decision is a financial decision”. To a certain extent, this is true. Yes, we are faced with choices everyday and there are endless decisions to make in our lives. To start with, when we wake up in the morning, all of us may have the same routine for example… Read more
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Buy Lotto or Buy Life Insurance?
People line up to buy lotto tickets esp if the stakes are high. I know some people who have been buying for years. I must admit that at one point in my life, I was a regular bettor too. Why do we buy lotto ticket? Simple. We want to get rich quick. We want to… Read more
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Keep Calm and Carry Insurance
A friend shared in Facebook that an accident occurred recently and claimed the lives of two people. The reason for the accident? The truck driver was looking at his cellphone and didn’t notice that traffic in front of him had stopped. The truck ran over the car in front and crushed the two people to death. This… Read more
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How do you solve a problem like DEBT?
Maybe you can relate. At some point in your life, some of you have been, are still or will be… in debt. Is this good or bad? It depends. A debt can be good if your life or present situation becomes better. This could mean that you borrowed money to invest in something to give you a good… Read more