Comments on: What Is Inflation and Why You Need To Make Your Money Grow http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html Business, Investments and Personal Finance Tue, 22 May 2012 03:42:39 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Benjie http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-42253 Benjie Wed, 14 Sep 2011 05:34:26 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-42253 I've been reading your articles and I find them very helpful. Hope you don't mind me asking, how do I know the current inflation rate? Where do you get such information? I’ve been reading your articles and I find them very helpful. Hope you don’t mind me asking, how do I know the current inflation rate? Where do you get such information?

]]> By: A Beginner’s Guide To Investing In Anything and Everything, Part 1 http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1388 A Beginner’s Guide To Investing In Anything and Everything, Part 1 Tue, 10 Aug 2010 08:27:39 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1388 [...] receive is acceptable to you. More importantly, determine if the profits will be high enough to cover for inflation. Finally, whatever length of time and level of risk you decide to take, be certain that under the [...] [...] receive is acceptable to you. More importantly, determine if the profits will be high enough to cover for inflation. Finally, whatever length of time and level of risk you decide to take, be certain that under the [...]

]]> By: An Investing Guide for People Who Are Afraid to Invest http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1387 An Investing Guide for People Who Are Afraid to Invest Thu, 04 Mar 2010 23:45:37 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1387 [...] Low Risk Investments So far, you’ve covered your very immediate future. At best, no financial emergency will be bad enough to break you. And because of that, it’s now time for you to face a money saver’s greatest enemy – inflation. [...] [...] Low Risk Investments So far, you’ve covered your very immediate future. At best, no financial emergency will be bad enough to break you. And because of that, it’s now time for you to face a money saver’s greatest enemy – inflation. [...]

]]> By: Fitz http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1386 Fitz Thu, 04 Mar 2010 04:57:47 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1386 Hi Ingrid, Maybe you should consult a financial planner to know the best options for you. Also, you should know that investment risks in the stock market are much less if your time horizon is long. Phil equity and most, if not all other mutual funds out there which invests in the stock market have shown positive returns in the last 10 years. Lastly, a suggestion would be to talk to your bank and ask about setting up a trust fund for your daughter. Cheers, Fitz Hi Ingrid,

Maybe you should consult a financial planner to know the best options for you.

Also, you should know that investment risks in the stock market are much less if your time horizon is long. Phil equity and most, if not all other mutual funds out there which invests in the stock market have shown positive returns in the last 10 years.

Lastly, a suggestion would be to talk to your bank and ask about setting up a trust fund for your daughter.

Cheers,
Fitz

]]> By: Ingrid Bautista http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1385 Ingrid Bautista Thu, 04 Mar 2010 02:19:45 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1385 Hi, Fitz. Thanks. You spark our interest to improve our financial status. Would you know how to invest savings for my eight year old daughter? We have no plan of spending it. We plan to hand it to her when she's prepared to have her own business or after college. I heard from a radio program that this certain DJ invest her hard-earned my with help from Phil equity. Stocks sounds scary to me since I have no background. Mutual fund they say will just be equal to inflation in the future. Any suggestion perhaps? Hi, Fitz.

Thanks. You spark our interest to improve our financial status. Would you know how to invest savings for my eight year old daughter? We have no plan of spending it. We plan to hand it to her when she’s prepared to have her own business or after college.

I heard from a radio program that this certain DJ invest her hard-earned my with help from Phil equity. Stocks sounds scary to me since I have no background. Mutual fund they say will just be equal to inflation in the future. Any suggestion perhaps?

]]> By: The Personal Finance Habits of Filipinos http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1384 The Personal Finance Habits of Filipinos Wed, 03 Mar 2010 07:42:04 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1384 [...] savings and time deposits are the best way to beat inflation It’s good that most people know what inflation is but one should realize that savings and time deposit interest rates are ALWAYS lower than the [...] [...] savings and time deposits are the best way to beat inflation It’s good that most people know what inflation is but one should realize that savings and time deposit interest rates are ALWAYS lower than the [...]

]]> By: How’s Your Budget And Personal Savings? http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1383 How’s Your Budget And Personal Savings? Thu, 12 Nov 2009 22:59:26 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1383 [...] If you’re like this, then try to be more proactive with your finances. The cost of living is continually rising nowadays and I believe that having a clear understanding of your financial status will help you [...] [...] If you’re like this, then try to be more proactive with your finances. The cost of living is continually rising nowadays and I believe that having a clear understanding of your financial status will help you [...]

]]> By: Low Risk, High Yield, Fast Cycle Investments http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1382 Low Risk, High Yield, Fast Cycle Investments Fri, 03 Jul 2009 22:05:02 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1382 [...] is such a thing called inflation. And from observation, low risk investments, more often than not, give yields that are lower than [...] [...] is such a thing called inflation. And from observation, low risk investments, more often than not, give yields that are lower than [...]

]]> By: Lee Angelo http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1381 Lee Angelo Wed, 02 Jul 2008 03:30:12 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1381 Btw, Citisec Online accounts starts at Php25,000 minimun.. sorry for the error. Btw, Citisec Online accounts starts at Php25,000 minimun.. sorry for the error.

]]> By: Lee Angelo http://fitzvillafuerte.com/inflation-rate-philippine-peso-value.html#comment-1380 Lee Angelo Fri, 27 Jun 2008 21:44:45 +0000 http://fitzvillafuerte.com/2008/02/06/what-is-inflation-and-why-you-need-to-make-your-money-grow/#comment-1380 Hi Bronee, Maybe you can try opening an online stockbroker account as an alternative investment instrument compared to a bank savings account, which normally gives you only 0.75% to 1% interest, not to mention the Php30,000.00 minimum initial deposit to open a new account (in the case of Metrobank). As far as I know, on-line stockbrokers doesn't have a minimum maintaining balance (or if it has, it won't be like Php10,000.00 monthly minimum). Futhermore, online accounts have cheaper commission fees. As for my pick, it would be Citiseconline because of its lowest opening requirement and lowest commission too (0.25%) Listed below are some online brokerage in our country: <a href="http://abcapitalonline.com/stepbystep.htm" target="_blank" rel="nofollow">AB Capital Online</a> - Php50,000.00 <a href="https://www.citiseconline.com/Final2/B_home_new/HOME.asp" target="_blank" rel="nofollow">Citisec Online</a> - Php20,000.00 <a href="http://www.2tradeasia.com/displayDisclaimer.html" target="_blank" rel="nofollow">2TradeAsia</a> - Php25,000.00 Btw, I don't work for Citiseconline. ^_^ Hi Bronee,

Maybe you can try opening an online stockbroker account as an alternative investment instrument compared to a bank savings account, which normally gives you only 0.75% to 1% interest, not to mention the Php30,000.00 minimum initial deposit to open a new account (in the case of Metrobank).

As far as I know, on-line stockbrokers doesn’t have a minimum maintaining balance (or if it has, it won’t be like Php10,000.00 monthly minimum). Futhermore, online accounts have cheaper commission fees.

As for my pick, it would be Citiseconline because of its lowest opening requirement and lowest commission too (0.25%)

Listed below are some online brokerage in our country:

AB Capital Online – Php50,000.00

Citisec Online – Php20,000.00

2TradeAsia – Php25,000.00

Btw, I don’t work for Citiseconline. ^_^

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