Today is the first day of June and here I go with reviewing the developments that I made over the last month of May. I’ve been seeing the uptrend in the stock market over the last few weeks. The Philippine Stock Index is reaching 2,400. And this means good news for me since I have some investments in stocks both directly and indirectly thru Unit Investment Trust Funds and Mutual Funds. Because of these developments, there has been a huge jump from last month’s figures. These

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This post educates my readers regarding investing in mutual funds. I myself started investing in a mutual fund when I was 22 years old. Back then I used my performance-based bonus in our company and invested it in a Bond Fund in Sun Life. What are mutual funds? Mutual funds are open-ended pooled funds. People invest their money in the fund and a leader called the fund manager invest it in behalf of its investors. Usually, mutual funds enable the possiblity of small time investors to invest in

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Are you looking to set up a business but having problems with how to finance it? You’re having problems on how to get the capital funds to set up a business? There are several ways to finance a business. Find out how to source out capital funds for your business. To start a business does not necessarily mean that you always need to have cash as capital. Cash is not the only factor that you must consider before you decide to start a business venture. You will find several ways to finance a

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Water and electric utility bills consume a huge chunk of our monthly budget. Utility costs can hold you hostage. You want to lower them, but you also need water and electricity to live. Never fear because you can cut your bills without cutting corners. And with these frugal ideas on how to cut your water and electric bills, you can not only conserve water and energy for the environment but also you can save thousands of dollars each year which you can invest for a passive

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It’s one of the most popular and profitable ways to invest in real estate these days especially because of the onset of the global financial crisis. How to make money in real estate? Buy a house cheaply, renovate it, and resell it for an immediate profit. Sound simple? It is, but only if the property is cheap. If not, look for a better bargain. So how do you look for bargain? How do you make money investing in real estate? Here are some advices on how to make this method work for

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These past few weeks, I am thinking of starting another category for this blog. I want to offer more help to my readers and so I decided to have a tips category that will help my readers to achieve those financial goals. Nowadays, because of the global financial crisis and job lay offs around the world, it’s tough to apply in different companies. It’s hard to lose a job especially when you have a family to feed. Because of this, I decided to write a post on cover letters that

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Dissatisfied with the terms of your current credit card? Think of ways how you can get credit card companies to waive fees, lower your interest rates or increase your credit limit. Pick up the phone and try calling them right now. Anybody can do it. It takes persistence, organization, and patience. You also need to have credit options. You need to be able to transfer your credit balance to another credit card and fire your current credit card bank. Choose the best among them.   Get tough.

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You’ve heard a lot about positive thinking. You are what you think. Mind over body. Using the law of attraction coupled with action and determination, thinking positively may bring us to our dreams closer. As Paulo Coelho said in his book entitled The Alchemist: “When you want something, all the universe conspire in helping you to achieve it.” Nowadays, with the current global financial crisis and with all the problems that we are facing, positive thinking sometimes is hard

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Becoming a millionaire involves discipline, hard work, and financial education. A lot of us are dreaming to become a millionaire and I was one of those. That is why I simply created this blog entitled Millionaire Acts – to know how a millionaire acts and to mimic their success. Based on the book that I read entitled “The Millionaire Next Door” in which the authors conducted a study on how millionaires live, we can deduce what these millionaires undertook to achieve their

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The business plan or the feasibility study of a business is the key to your banker’s wallet. If you plan to borrow money to start your business, it would be wise to write down your business plan first. Lenders want to know what you are going to do with their money, among other things. Makes sense right? Even if you plan to use your own capital, it is wise to write a business plan. Your business plan gives direction to your business. You would like to know where you are headed with your

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You’ve been in the world of investing for some years as of now. But you haven’t reaped your desired returns. What lessons do you need to learn? What can you do for your money to work for you? Here are some of the principles of modern finance, which I got from the book that I read and can definitely be of help to you in investing your nest eggs wisely so as to avoid the worst financial blunders. These lessons can help you about your personal investment decisions. Lesson 1: Know your

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