Starting to trade online Part 1 of this series discussed the basic principles that each prospective investors should understand. In the second part of this series the advantages in investing in the stock market has been thoroughly discussed. By now, you are probably kicking the dust eager to put your money where your mouth is. But hold your horses, you still have to answer some preliminary questions. Where should you trade? How does this stuff work in the practical level? Where do I find a broker? How much should I start with etc. There are several Philippine online brokers but I could not discuss them all. I would only like to discuss two of them. I choose these two because these are the ones that I have personal experience with. If you know of any excellent Philippine online stock brokers and if you have any personal experiences with them feel free to discuss or promote them by commenting on this post. The first online broker that I would like to introduce you to is BPI … [Read more...]
A better alternative to Microsoft Office
Perhaps the reason why a lot of people hate Microsoft or Bill Gates so much is that they tend to dominate every business that they engage in. If they do not dominate a market, they try to manipulate the market in order to dominate it. One market that they have dominated so much is the Office suite market. That’s why I cannot blame some people if they keep on referring to Microsoft as the “Evil empire” According to Wikipedia, an office suite (sometimes called an office application suite or productivity suite) is “a software suite intended to be used by typical clerical worker and knowledge workers. The components are generally distributed together, have a consistent user interface and usually can interact with each other, sometimes in ways that the operating system would not normally allow.” Common applications in office suites include a word processor, a spread sheet, presentation program, a database program and a graphics program. Microsoft’s office program is called Microsoft … [Read more...]
Metro Manila Escapade
I was in Metro Manila last Thursday and Friday (December 6 and 7) together with my good friend Atty. Alrey Ouano. We were there mainly for two reasons. First we had a meeting with Jurists administration to talk about the possibility of bringing Jurists to Cebu. Secondly, we got some Lex Pareto Notes books (Volume 2, 3 and 4) at our publisher, Cunanan in Recto since several bar reviewees in Cebu has ordered them. Our Cebu Pacific flight left at around 4:45 a.m. I always love to take the morning flights since they are so much cheaper than the day flights. Had we booked weeks before that we could have saved more. Unfortunately we booked 3 days before since we have to finalize the meeting schedule. We arrive in Manila at around 6 a.m. From the airport we just walked for more than a 100 meters to catch a jeepney to Kabayan Hotel at Pasay Rotonda. I have the courage to ride around Metro Manila in a public transport since I had stayed there for 2 years during my college days at the … [Read more...]
How rich people think . . . .
I just received this funny email forwarded message, this humorous story should probably give us a clue as to how rich people think: A rich Filipino millionaire walked into a bank in New York City one day and asked for the loan officer.He told the loan officer that he was going to Philippines for two weeks and needed to borrow $5,000. The bank officer told him that the bank would need some form of security for the loan.Then the man handed over the keys to a new Ferrari parked on the street in front of the bank. He produced the title and everything checked out The loan officer agreed to accept the car as collateral for the loan.The bank’s president and its officers all enjoyed a good laugh at the guy for using a $250,000 Ferrari as collateral against a $5,000 loan.An employee of the bank then drove the Ferrari into the bank’s underground garage and parked it there.Two weeks later, the guy returned, repaid the $5,000 and the interest, which came to $15.41.The loan officer said, “Sir, … [Read more...]
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