I have written extensively on the Rule of 72. I firmly believe that knowing this rule is important because it is the foundation of all financial planning. In order to further understand what the Rule of 72 is all about watch this short youtube video clip on the Rule of 72. Knowing what vehicle of investment to use to […]
How to invest in the Philippine Stock market – Part 4c
Stock Market Conventions and Terms This is the third installment of Part 4 on how to invest in the Philippine stock market. In the first 2 parts of this series we discussed what a stock is and how to search for stock information. Now we will discuss the first half of the stock information sheet […]
How to invest in the Philippine stock market – Part 4b
Stock Market Conventions and Terms 2.) Searching for stock information Previously we tackled what a stock is and other things that are fundamental in order that we might be better equipped to become stock market traders or investors. Always remember that we live in the information technology age and in this age, knowledge is power. […]
Want to get wealthy ? Think like the bank
Once upon a time an Overseas Filipino Worker (OFW) started working abroad. At the age of 29 he had already saved a total of P 100,000.00 (Philippine peso) Since the only investment vehicle he knew about was putting his money at the bank he went to the bank and deposited his P 100,000.00. The bank […]
Buy term invest the difference?
Some of us has probably heard of the saying “Buy term, invest the difference” when it comes to buying insurance and considering investments. But do we really understand what this means? And if we do understand what this means, why do financial planners recommend that you buy term and invest the difference while your insurance […]