Creating Wealth Philippines

The Pinoy's Power Nap

2011-08-19T02:02:00.000-07:00

It's been a while. I missed writing my thoughts away. Something for you readers..... THE POWER NAP They say power naps are good for you. However, the ordinary Filipino do more than just nap in the afternoon. They (we) sleep. I am referring to the lazy ones of course. Or those who just don’t understand that time is gold. Or those who think their work for the day – and so are their income for

Make Money from Quitting Smoking

2011-06-28T21:03:00.000-07:00

Another victim of the smoking habit The news about the recent death of Jo Ramos, daughter of former Philippine President Fidel V. Ramos so shocked me that I stopped whatever it was I was doing and started typing my

The shocking truth about credit cards

2011-06-21T01:49:00.000-07:00

The truth about credit cards A good friend on mine, Albert, wanted me to feature what I think of credit cards in the Philippines. His questions vary from why do Filipinos seem to be in love with credit cards to how

The Secret Millionaire

2011-06-06T23:30:00.000-07:00

Have you heard of this show that's been taking the US by storm? Very very touching show. Very moving. Watch clips here: What the show is about: America's richest will spend a week in poor communities PRETENDING

Money saving tips from a housewife

2011-05-23T01:40:00.000-07:00

I wanted to know how other Filipinos in this time and age look at money matters, so i put up some sort of an experiment: I asked around. Here's what a 30-something wife and mother of 2 has to say. Her name is Brenda, and is a

What newbie investors need to know

2011-05-16T22:33:00.000-07:00

Newbie? Here's what you need to know. Investing Early is key. I have been emphasizing this over and over again in my blog. With this post, I will teach readers the 2 types of investments: 1)

What you should know about stock investing in the Philippines

2011-05-08T08:50:00.000-07:00

Let me start with this statement: Stocks are by far the most risky of financial instruments, but also the most profitable. It is not for the faint of heart. But it sure warrants the average Pinoy's attention. Here's what you should know about stock investing in the Philippines according to the PSE. What are stocks? A

The best mutual fund products in the Philippines - Part 2

2011-05-03T18:51:00.000-07:00

This is Part 2 of my feature on the best mutual fund products in the Philippines. Introducing...FAMI. What is FAMI and what does it offer to Filipinos? First Metro Asset Management, Inc. (FAMI) is an investment company adviser licensed by the Philippine Securities and Exchange Commission to manage and distribute mutual funds. FAMI is a stock corporation owned 70% by First Metro

The best mutual fund products in the Philippines

2011-05-01T16:18:00.000-07:00

I am sharing this so people will know options.This is a series of posts. I intend to feature the best mutual fund products in the Philippines. For today, it is going to be Sunlife of Canada's Money Market Fund. I love this product of Sunlife of Canada. Click here Sunlife of Canada's Money Market Fund - One of the most conservative mutual funds you can buy. As per Sunlife: Money market funds

What you need to know about funeral processions and creating wealth

2011-04-27T20:59:00.000-07:00

On an ordinary traffic-jammed day, this is a common remark you'd hear inside buses or jeepneys in the Philippines: "Bakit traffic? Ay sus! may libing!" I'm betting i am the only person in the Philippines from whom you would hear this plea: "Can somebody tell the authorities that we hate being stuck in traffic jams because of slow-moving funeral processions? It's the 21st century already, for

See this yahoo featured article about how to retire a millionaire

2011-04-25T19:55:00.000-07:00

Yahoo featured this today. Click the link. start-with-10k-retire-millionaire-marketwatch: Personal Finance News from Yahoo! Finance For most of us Pinoys, around P10M (instead of $1M) is enough retirement fund. So do the math. $:P exchange rate is around P42. This should give us an idea of how much to target monthly and how long. Good luck, people. Information is key!

What's the latest PH stocks update

2011-04-25T15:52:00.000-07:00

Image via WikipediaHappy easter everyone. What a nice long weekend we had, huh? I waited for Tue to come so as my 1st post after the holy week break would be the latest PH stocks update. So here goes. Again, briefly and in bullet points: LATEST PH STOCKS UPDATE: The main-share Philippine Stock Exchange index gained 56.6 points or 1.32 percent to finish at 4,331.37. Services led the day's

Why get serious about financial planning?

2011-04-21T23:40:00.000-07:00

Today, i'm featuring an article written by one of my favorite financial writers, Rokai Kolam. Q1 2011 has just passed, and I thought it would be nice to remind readers once again of the importance of planning out one's finances. So here goes: Financial Planning Crucial During Hard Times By : Rokai Kolam " It’s essential for people to plan their finances well

I added a forum page

2011-04-20T04:20:00.000-07:00

Guys! I now have a FORUM page. Check it out here! Ask anything there. Let's inter-act. Let's have fun!

Loans

2011-04-20T02:21:00.000-07:00

I'm thinking of creating a directory of Financing Institutions available for the Filipinos. Why? Because i personally believe that loans are not bad. We Filipinos must learn to disassociate loans from the normal lines of thoughts such as "utang na loob" or "pabigat". Let me tell you a story I keep on telling to people afraid of taking out loans: You see, I work for a financing company. And for

Mutual Funds Performance update - Q1 2011 report

2011-04-18T06:19:00.001-07:00

Let me refresh your memory, dear readers: Image via WikipediaWhat is a Mutual Fund? A mutual fund collectively pools money from individual and corporate investors. These funds are managed by a professional fund manager who invests the collected money in financial securities such as stocks, bonds, or money market instruments. In local lingo, this is one type of "bakas" system of investing

My life's mission update

2011-04-16T08:39:00.000-07:00

The past few days had been such a joy: I was able to fully immerse myself in the other area of my life's mission. Although it has always inspired me that the World Wide Web (internet) has allowed me to reach Pinoys all over the world, i can now say that what I have been up to the past couple of days has been to date the most rewarding. I touched base - quite literally- with people in need of

This could change your life forever.

2011-04-12T19:24:00.000-07:00

Read carefully as this may change your life forever. Are you ready for the next big step? Read the rest of this article below. The 1st quarter PH stock Market report is now out. Get your copy of the Philippine Daily

Latest stocks update as of 4/11/11

2011-04-12T08:00:00.000-07:00

Our friends from the Philippine Daily Inquirer today reported the latest Philipine Stocks Update as follows: Again, briefly and in bullet points: Local stocks dipped (index fell 13.02 points, or 0.31 percent) Companies who traded in the red are: PLDT, San Miguel Corp., Aboitiz Power, Ayala Land, AGI, Universal Robina, Cebu Air, BPI, Megaworld and SM Investments . The

Only for the serious investor

2011-04-12T01:17:00.000-07:00

Readers, didn't i say i wish you luck? Today, i'm letting you in on a little secret of mine. The average Juan Dela Cruz, NEEDS guidance when it comes to stock investments. True, this site provides a little of this and that, but hey, are you the serious investor? Are you raring to get your hands on the real deals? Have you become the aggressive type? Then it's time you level up. However, a

Update: New page created for Pinoys who need extra income

2011-04-11T06:00:00.000-07:00

Hi readers! I'm helping out further by creating a page / site containing the latest business ideas and other income generating opportunities available for the average Filipino. Please check out this site: extraincomephilippines.com Truly readers, information is key!

A lesson for Juan Dela Cruz

2011-04-10T19:46:00.000-07:00

Today's headline in The Philippine Daily Inquirer says: "Don't dumb down viewers, TV urged". Read the news here. In Tagalog: Huwag gawing bobo ang mga Pinoy sa mga ipinalalabas sa TV shows. This is one of my advocacies. This is one of the things i'd like to shout out to every Pinoy. That we're better than what these TV stations (and radio) think. That we can change if want to. Imagine the whole

Readers' question: How do i save money?

2011-04-09T06:00:00.000-07:00

A reader emailed me, asking "how do i save money?".Another one asks my opinion on Francisco Colayco's suggestion (in his book, Pera mo, Palaguin mo) of using envelopes. With this post, I hope to answer these questions in the simplest, and most effective way i can. In fact, i will only use 3 words: Just do it! I'm sorry if you were expecting a magic formula. But folks, really, ask yourself, how

what to do with money saved

2011-04-08T18:38:00.000-07:00

As you now know, every penny counts. If you've been following my posts, i'm betting you're now well on your way to creating your own wealth. Let's recap. So far, i have taught you to: 1. Realize and admit you have a problem first2. Understand your "big why"3. Take action - know what to prioritize when it comes to spending4. Start saving 5. Start valuing your time Now we go to the next lesson to

Money saving tip

2011-04-06T08:18:00.000-07:00

I'm going straight to the point - saving is a skill. It takes 3 things: discipline, discipline and discipline. But let me ask you first. Why do you save? Why not just spend? Which is harder to do, saving or spending? The rich have a different mindset on wealth creation - It's not how much money you make, but how much is left after paying all the bills. Think about it. No matter how big your