investing
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How to Auto-Pilot your Investments (enroll your Mutual Fund account in BPI)
Note: This post applies to those who have invested in any of the mutual funds managed by Philam Asset Management, Inc. (PAMI). According to PAMI, One recent study* (Thaler & Benartzi, 2013) in the US points to automating investments as an effective way to solve Investor Inertia. As part of PAMI’s thrust in providing clients with ease of Read more
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Notes on Total Money Makeover
Total Money Makeover is a book authored by Dave Ramsey. It’s about a proven plan for Financial Fitness. Here are a few hard and practical lessons I learned from this book: 1. Start saving up your emergency fund while paying your debts. It sounds easier said than done esp. if you’re earning just enough to Read more
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Investing
There are many reasons why people invest. I can think of the following : 1. Capital appreciation – they want to grow their money short-term or long-term. 2. Wealth Preservation – they want to keep the little extra that they save and invest it as a hedge against inflation. 3. Goal-setting – they invest so Read more