When people hear about estate planning, we would think about 2 things: death and wealth. That is true because basically, estate planning is the act of preparing for the transfer of a person’s wealth and assets after his or her death. We have to understand that death has financial consequences and they are the following: Household Expenses Medical expenses […]
What is a Mutual Fund? A mutual fund is a type of investment fund that pools money from many different investors or corporations to purchase securities. It is professionally-managed by experts called Fund Managers and investing in one can allow you to have diversified diversified portfolios of stocks, bonds or money markets. It is the […]
Did you know the first week of October is declared officially as “Life Insurance Consciousness Week” in the Philippines? In 1997, then president, Fidel V. Ramos signed Proclamation No. 1059 to declare every 1st week of OCTOBER every year, as a “Life Insurance Awareness Week”. *Snip from official gazette of the Philippines. Are you insured yet? […]
Where to invest? Mutual Funds (MF) or Unit Investment Trust Funds (UITFs)? Many new investors actually gets confused about these investment vehicles because they have some similarities. In this post, we will break those similarities down and also their distinct features. Similarities of Mutual Funds and Unit Investment Trust Funds Mutual Funds and Unit Investment Trust […]
Why does inflation matter? Maybe you are also asking this question since you heard the shocking news about Philippine inflation rate that breached 6.4% in August. This has been trending on social media earlier this month as many Filipinos shared this news and expressed their shock and dismay over the current administration. But, how does […]
When people hear about life insurance, they usually associate it with death, or the unfortunate events that can happen in a person’s lifetime such as sickness or accident. Well, this is true anyway because life insurance provides financial aid to the insured or his family whenever such events occur. However, life insurance does more than […]
Life insurance is a necessity especially if you are a breadwinner or someone depends on your income. It is an integral foundation of a stable financial plan and purchasing one is part of ‘adulting’. There are different types of life insurance policies available in the market. Which one do you need? You may already have one […]
Thinking of starting your stock investment on your own? But which stock should you buy? The very first thing to do is to learn how to assess a stock’s true value and its potential return and risk level before you put in your money into a company. If you have heard about “buy low, sell […]
At what age do you want to retire? I never fail to ask this question to the people I sit with for a personal financial planning. Most of the time, millennials are those who would say, “I don’t know yet” or “I haven’t thought about it” and have a little side smile with a shrug […]
The great Albert Einstein once said, “Compound interest is the 8thwonder of the world. He who understands it earns it, he who doesn’t pays it”. The man was an absolute genius and it’s hard to argue with him. If you haven’t heard about compound interest, then I’m telling you, it is actually one of the most […]
