Before we resume our regular stock market series and discuss the strengthening of the Peso. This is an important factor that plays a vital role in determining the economic outlook of our country. This will also help you decide when considering investments. When the dollar-Peso Exchange rate was still P44+ to a dollar, I told my dad to dump all his dollar, exchange it for peso and put it in mutual funds. I don’t know if my dad has listened to my advice, but now the exchange rate is now nearing P 40.00 to a dollar. For those of you living in the Philippines and who has still dollars in their accounts, it is not yet too late to exchange it to avoid loosing more in the months or even years to come. Except if something really bad happens to our political scenery or if there is a global economic catastrophe that will affect the world market, there is no reason that the Peso should continue to stop appreciating. I am not saying this because I am an expert in economics or that I … [Read more...]
Wisdom, Knowledge, Adventure, hacks for polymaths ... Life
Welcome polymaths !
Ever get the feeling that you seem to don't know what to do with your life because there are just so many things that you want to do ? I know, I've been there, so welcome to the club.
My name is Zigfred Diaz and I am a polymath. After more than 6 years of bloging about almost anything under the sun and having sort of a "blogging identity crisis." I've finally embraced who I am and decided to turn my main blog into some sort of guide for people with so much interest. Feel free to poke around.