I have been a direct stock market investor since September of this year. In just a short span of time, I have learned a lot when it comes to trading stocks and these are the following tips that I would share to my readers on what stocks to buy. Although some of these cannot be employed here in the Philippines since we have a small market, a lot of them will be useful in other countries. Note, however, that I am not knowledgeable in technical analysis, a program used by traders to assess the

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Mutual Funds and Unit Investment Trust Funds (UITFs) are both open-ended pooled funds managed by an expert fund manager. This means that your money together with the money of all other investors in the fund will be invested by the fund manager in a diversified portfolio of investments. Both types of investments have holding periods. The fund manager will then invests it in four main types of funds named Money Market Fund, Bond Fund, Balanced Fund, and Equity Fund classified by the risk

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Today is the end of the month of November. As mentioned, I will start updating my networth monthly to keep track of my developments. This will be my first post on its update. As of now, there’s still no basis for comparison so I will use the original principal amount for investments and for cash position, the basis will be the month-end cash position for the previous month of October. So again, networth is simply defined as: ASSETS - LIABILITIES = NETWORTH Our aim is to increase

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You can view the walking image of a person towards the summit of the ladder as my main header image. He is walking his journey to reach the top. In order to reach it, a collection of simple yet powerful ideas should be bear in mind to successfully reach the top of his journey to millions. It will be up to you to make and implement it into actions. ACHIEVE IT!   You don’t need money to create money. Face your fears. Use the power of connection. Always keep your eyes open for

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Just like any other personal finance blogs that I visited, I will start providing updates on my networth and this blog will be a living witness as I increase and improve my networth until such time that I retire. As of this writing, I am on my silver anniversary of birth in this world. But first of all, what is networth? It is simply defined by this equation. ASSETS - LIABILITIES = NETWORTH Based on the equation above, an increase in assets corresponds to an increase in networth.

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Everyone thinks of a perfect business. A business with no loss. A business where income continuously flows. But is there really such a perfect business? For me, I think there’s no perfect business. We can see a lot of huge businesses but even the most admired and established one can be like a building that can one day collapse. This is what happened lately to one of the largest securities firm Lehman Brothers. Nevertheless, I gathered some ideas to at least minimize the possibility

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Ok, you may now be thinking of choosing what business to start. There are a lot of business ideas in your mind. They are all thoughts. Which one of them will materialize? In choosing what business you should start, ponder the following tips: Go back to your past - This simply asking yourself what business were you involved in the past? Did you sell ice candy when you were a kid? Then perhaps you can open a part time business selling ice candies in your home with your neighbors as clients. Did

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In Robert Kiyosaki’s Cashflow Quadrant, one way to escape the rat race is to become a big business owner. And before you can make it big, you have to start from small. Take note that being an employee, you are not making yourself rich but your employer. So are you planning to establish your own business? Are you willing to take that risk? Before jumping into that conclusion, here are some of the advantages and disadvantages of having a business: ADVANTAGES: You are your own boss. You

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Ok, as I have mentioned earlier, you need to invest to fight inflation. But before you invest, you need to evaluate your investment to which you will put your hard earned money. You need some investment valuation. And this can be done by evaluating three important concepts: RETURN, RISK and LIQUIDITY. RETURN is simply the efficiency of your investment and it’s time-bounded. In finance, this is more commonly known as ROI or Return of Investment. You hear the common terms ‘ROI in 1

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We all have been hearing this famous saying that “Time is Gold”. Yes, Time is Money. In the office, when you were late, you will be deducted a portion of your salary. Time is Money. In business, especially if you have perishable inventories such as foods that can easily rot, you have to sell it quick or otherwise it will be a loss. Time is Money. In real estate investment, you need to wait for time for your investment to appreciate its value. Again, time is money. But in

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If you haven’t seen the movie “The Secret”, I would recommend not to let it pass. It’s a movie that reveals the most powerful law in the universe and that is the LAW OF ATTRACTION. This Law was expressed by Napoleon Hill when he said, “We become what we think about.” This truth has been stated in many different languages and cultures throughout science and history. In Science, we have Newton’s Universal Gravitation where he compared the acceleration

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One of the early eye openers for me is about this book of the famous author Robert Kiyosaki entitled Rich Dad Poor Dad. This book was a huge success with millions of copies being sold worldwide. In this book, Robert Kiyosaki had two dads, one is his biological dad tagged as “poor dad” and one is his friend’s dad tagged as “rich dad.” Both dads taught Robert Kiyosaki how to reach his financial goals and achieve success but with different approaches. His poor dad

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I know a lot of us are employees working for a company and struggling hard to survive on our paychecks. I belong to that category. When that paycheck comes, a lot of us spend it from paying our bills to treating ourselves like buying gadgets and other entertainment wants. If we want to achieve our financial goals, then we must start to save as early as possible. And that is NOW! The earlier we started our savings attitude, the more possible we can achieve our financial goals.   We are used

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You may have noticed this TV commercial of the multivitamins brand Pharmaton of a running man that says: “What your mind conceives, your body can achieve.” I believe our mind is the most powerful part of our body. It was specifically created to be located on top to be of control of everything that we do. Therefore we must charge it with power! We must have the courage and the strength to do what is hard and difficult in order to achieve something that is really beneficial, good,

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