The emails and direct messages have started to come. People are now asking me where they should spend their Christmas bonus and 13th month pay. Some already have a good idea where they’ll put the money. And they’re asking for my opinion if that’s a smart move. Meanwhile, some are confused and conflicted. They’re lost […]
Tags: 13th month pay, christmas bonus, Mindsetting, Personal Finance, where to invest, where to invest christmas bonus, where to invest ofws
Someone recently asked me where he should invest. Specifically, he’s asking me if putting money in the stock market is a good idea. Ask me if it’s a good time to invest in the stock market, and I would always say, “YES!”. But what’s important is not really the status of the market or the […]
Tags: emergency fund, how to invest, Investing, Reader Mail, stock market, where to invest
Where should I invest? How do I choose the best mutual fund? What bank has the best UITF performance? Which stock broker has the best recommendation? If you’re new to investing, then it’s normal to have these questions in mind. A lot of people actually ask me these, and my answer is always the same… […]
Tags: how to invest, Investing, investments, where to invest
The Philippine stock market has fallen almost 6% last week, and has already lost around 10% of its price since last year. Many say that we’re now in the bear market, which is making a lot of new investors fearful, confused, and anxious about what would happen next. In fact, numerous people have been asking […]
Tags: Investing, where to invest
I asked a friend to take this quiz, and I’m sharing his responses below. But before you read his replies, make sure that you answer the questions yourself first. Are you ready? Which is the best investment? Let’s say that you have P1M and you are given three investment options. Investment A can earn 4% […]
Tags: financial goals, goals, how to become a good investor, Investing, investment objective, investor quiz, life goals, where to invest
Last week, I gave everyone a “Personality Quiz” that will help determine what type of investor you are. If you missed it, then you can go and take the quiz HERE now. The quiz was just a series of five-questions, but each one is meant to test you on three aspects – readiness to invest, […]
Many commercial banks offer high-yield savings accounts. These are cash deposit products that provide higher interest rates than normal savings. If you can afford their minimum maintaining balance and other requirements, then you’ll get to enjoy better interest rates and earn more from having the usual savings deposit. On the other hand, time deposits offer […]
Tags: best savings account, Investing, Personal Finance, savings account, time deposit, UITF, where to invest
Hi, my name is Fitz Villafuerte and I’m a Registered Financial Planner living in the Philippines. In 2007, I started this blog to help people learn how to achieve financial freedom. Read my story here.
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