Choose to become rich!

A lot of people wants to get rich, yes but for what purpose? What is your real purpose that you want to get rich? Is it for your family? For comfort? To get all the things you want? We may have a lot of reasons to become rich but here is my 1 of my reason why I want to get rich. Recently, 2 big calamities hit us (Philippines) particularly in the Visayas. I have seen on the news that a lot of people suffering, no food, nothing to eat nor drink, they are very desperate to get help. I truly, truly want to help in a very big way, sure we have donated...

Read More

Difficulties are opportunities!

One day, there was a man named Juan, Juan lived in a small village as a water carrier. Everyday, he would go to the river with his 2 wooden buckets and deliver it to his customers. He has been doing this for years but one day, as he was carrying water to the village, he noticed that his buckets were dripping water slowly to the ground. The buckets were already old and worn out. Juan inspected the buckets and found out that it had a hole on...

Read More

Is inflation eating up your money?

Inflation, it’s a word we hear from news, tv and banks but what really is inflation? According to the Merriam-Webster dictionary, inflation is a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services. Too complicated? Yeah! Let me simplify it as much as I can, inflation is when prices goes up and our salary does not! (hehe) Kidding aside, Inflation...

Read More

The Types of Mutual Fund Investments

Not many people know that there are types of Mutual fund, I will just name 3 just to simplify things. So here are the 3 types: 1. Equity fund 2. Bond fund 3. Balanced fund What is an equity fund? Equity funds are the high risk stocks, these are the stocks with so many movements, really up and down in the charts. Please note that these stocks are also the good type (high grade), for example, we have Ayala here, SM, BDO, BPI etc.,...

Read More

How to open a Mutual Fund account?

A lot of my friends ask me how could they invest in the Mutual Fund. How do we put our money in the Mutual Fund? Quite frankly, I had these questions too! I was so excited but I thought that "Hey, with all these stocks and what not, I m pretty sure that investing is going to be difficult." WRONG! Mutual fund investing is as simple as ABC. Here are some steps to help you open a mutual fund account: 1. Just like opening any savings account...

Read More