Friday, July 11, 2014

5 Important Points On Investing: What You Should Know About

Are you familiar with these basic investing tips?

Let's say you've already figured out why you want to invest in the first place. Good for you! It helps to know what you want and where you are right now so that you can reach where you want to go. 

So now, maybe you want to get started in investing. Maybe you're already investing. Maybe you've even started investing but you stopped because you had a problem with consistency. 

Whatever your current investing state is, it will always help you to know these five important investing points. 

So don't sell yourself short. Don't underestimate your learning capability. Don't just close your minds just yet.

You know what they say, right? If you invest in your knowledge, you will definitely get the best interest! 

5 Important Points On Investing: What You Should Know About

1. Your money in the bank is exposed to inflation risk. 

Did you know that 7.6 trillion pesos is sleeping in the bank right now? This is a lot! Why do you prefer to keep your money in the bank rather than to invest them? 

Is it because you're scared that your money will be exposed to investment risks? 

Then again, didn't you know that not investing also exposes your money to investment risk? Inflation reduces the power of your peso! 

5 Important Points On Investing: What You Should Know About

Would you want a bank product that guarantees you'll lose your money? 

Or an investment product that potentially increases your money's value over the long-term?

Thursday, June 26, 2014

4 Important Questions You Need To Ask Yourself Before Investing

Have you asked yourself these questions before investing yet? 

You've just finished reading these Investing Quotes so now you're all fired up. 

You want to make your money grow and work for you. 

You don't want to just get stuck earning a measly 1% interest in the bank! 

You want to start now. 

questions before investing
But! Ask yourself these questions before investing first.


Because you know that the earlier you start, the cheaper it is for you to reach your target amount! 

- A 25-year old invests P26,645/year for 10 years. He gets 2.2 Million at age 55.
- A 35-year old invests P31,220/year for 10 years. He only gets 900,000+ at age 55. 

* Assuming 10% average annual return, using Sun Maxilink Prime, a VUL (life insurance + investment) solution

Now, before you start asking "Which is the best investment for me?" or "How much is the minimum to invest?", stop and keep calm first. Chill. 

Don't rush your decisions just yet. Before you figure out where you want to be, first, know where you are right now. 

Why do you need to do this? 

It's because there's no such thing as the best investment for everyone! In the same way that there's no best food for everyone, your investment solution varies according to you.

questions before investing
There's no such thing as the best investment in the same way
that there's no such thing as the best Pokemon. 

In fact, there are lots of investment options today. You only need to choose now! 

How do you choose? You ask yourself these four questions before investing. Ready? 

1. What's my investment goal? 

Seriously. Before you even start anything, ask yourself first, what's your reason for investing? 

What do you want to reach? 

Investing because you want to send your babies to college in the future? Your goal is education fund. 

Investing because you want to enjoy a comfortable and luxurious life when you stop working? Your goal is retirement. 

Investing because you want to travel the world when you're 40? Your goal is vacation. 

Investing because you want to live in a home that you personally purchased? Your goal is a house. 

Want to know how to find out your emotional cause for investing? This article entitled "The First Thing You Should Focus On Starting Your Journey To Financial Freedom" should help you.

In figuring out your investment goal, ask yourself what your purpose for investing is. Make sure it's important to you. 

Wednesday, June 11, 2014

Happy Financial Independence Day: 3 Smart Steps to be Financially Independent

Are you truly independent - or are you still a slave to something? 

Today, we're celebrating Independence Day (or Freedom Day) because this marks our Philippine declaration of independence from Spain. We consider June 12 as the country's National Day. 

We celebrate it. We miss work and school because of it. And we do this again every year simply because we take pride in its commemoration. 

We simply love this special occasion because it makes us feel astig. It's us saying "We have a right to freedom and independence!" Independence Day empowers us because it makes us believe that we're free - that we're truly independent of anything. 

3 Highly Critical Steps to be Financially Independent

But, is this really the case? 

Sure, we're not enslaved by another country anymore. 

Yes, we have our own national flag. 

And that's true, we have a Philippine government that... well, we have a Philippine government, okay? 

But then, even with all these factors in play, I still can't fully believe that we Filipinos are independent. I can't see us being really free right now. 

In a way, we're still slaves to something. 

- We're still trapped with these Filipino money mindsets. We still think that money is evil, we think we can never be rich and most of us still believe that poverty is God's will.