Millionaire Acts

As I promised before, I’ll continue with my monthly updates to track my developments. This is one of the main reasons why this blog has been created before. That is  for me to know where I am now to assess myself on my progress. 2 years and 4 months have passed since I had the last update on May 2009. I became very busy with online activities as this blog opened up several opportunities to me that requires focus and extra time. That is on top of my regular day job. Unfortunately, it

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I mentioned previously that you need to invest to fight inflation. You also need to evaluate your chosen investment in terms of risk and liquidity. These are the things you must consider in evaluating your investments. Take note that the higher the risk, the higher returns it can give. However, to combat these risks, you must be knowledgeable on the type of investments you are entering into. Before you invest, you must first have an emergency fund invested a liquid type of investment that you

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In one of my previous articles, I described what are assets. Kiyosaki distinguished that assets will FEED you while liabilities will EAT you. Assets bring in money while liabilities drain it out. Having said that, the true mindset of the rich having the proper mindset in financial intelligence is to build income-generating assets. And this is where the idea of multiple sources of income comes from. How many sources of income do you have? Most of us only have our jobs as our sole source of

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Last March 30, 2011, Bank of the Philippine Islands (BPI) completed the acquisition of Odyssey Funds from ING Bank. As part of the acquisition, Odyssey Funds will now become part of the BPI Asset Management Group. Before acquisition, these funds are record holders in the whole portfolio of Unit Investment Trust Fund (UITF) products offered by banks in terms of returns. They registered one of the highest yields as compared to others. However, availability back then is limited as it requires

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This blog, Millionaire Acts, has once again gained exposure as it was once again featured in Good House Keeping Magazine for the third time. Last July 2009, I was included as one of the “financial experts” in the Money Makeover Section where Jinkee Pacquiao was on the main cover. This was followed by another feature again two months after on September 2009 where I was given an “Expert’s Take” covering almost a whole page on Managing the Money Crisis. This month,

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