What’s the difference between a businessman and an entrepreneur? Are they the same? They are somehow closely related as both do business. BUT I would say they are different. To answer it directly, in a puppet and puppeeter relationship, an entrepreneur is the puppeeter and the businessman is the puppet. In an employee-employer relationship, the entrepreneur is the employer while the employee is the businessman. In short, an entrepreneur MANAGES a businessman! Got it? What’s the

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Credit Cards… Yeah! It’s the easiest way of availing credit. Just swipe and charge! Presto! You can buy that particular commodity that you’re eyeing! Often times, we see a lot of people heavily burdened with their credit card debts. They end up working for the rest of their lives paying an unsurmountable amount of credit card debts that piled up over the past years from student loans, car loans and home loans.   Before, I really avoided having credit cards. A lot of

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A lot of us are worried in the global financial crisis that we are all facing. Companies are cutting down their costs. Unemployment rate rises. Economies are entering recession. Many are left homeless and are doing their best to make ends meet. While this scenario may be a disadvantage for a lot of us, this crisis poses an advantage and a great opportunity for the so-called “VULTURE FUNDS“. It’s a great time to hunt for their food. But what exactly are vulture funds in the

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Today is the last stock trading day here in the Philippines since there will be a long vacation in celebration of Christmas and New Year from December 25 to January 4. This is also the time that I will update my networth for the month of December. I’ve been monitoring my stock trading portfolio from time to time and definitely it is a bear market with market value turnover of less than a million. I invested at the wrong time.   Since this will be my second update, the basis of

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We are now living in one of the worst global financial crisis. This is proven by the fact that a lot of economies are going into recession and trillions of stock values were wiped out. Aside from these, a lot of companies have reduced their earnings with a lot of plant closures and job lay offs. We often hear the word recession. We’ve watched news that Singapore, Germany, Japan, and New Zealand officially declared recession in their economies. But what is recession? And what caused

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I first learned about stocks two years ago, that was in 2006. But then I did not take it seriously. The first trade that I did was a JFC stock thru BPI Trade, the online trading platform of BPI bank. I remembered, I bought 100 shares of JFC at above market value back then just to have a match with my buy order because I have been placing my order for a few days already but there was no match. The market value was Php 42 and I bid for a buy at Php 44. Presto! It’s an instant match! But

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