vetlongwalks home & pf

Just a week after the Philippine election was held, the stock market saw a surge of activity. The PSEI rose back to 7,400++ level. On my FB feed, I see people posting and sharing news of a positive market outlook. If you know zilch about the stock market, you can easily hit YouTube and find videos explaining what the stock market is all about. You may also crawl the web and search for stock market related posts. However, if you are the type who wants to attend live seminars to fully grasp concepts such as the stock market, perhaps you should check out Bro. Bo Sanchez' The Truly Rich Club (TRC) seminars. If you're from my hometown of Cebu or you're in Zamboanga City, you're in luck as the TRC is bringing their caravan to Zamboanga City and Cebu City on May 21 and May 28, respectively: Screen grabbed from TRC e-mail Should you part with your hard-earned PhP497 to attend this seminar? Well, only you can determine if it's worth the price. If you're someone wh...

The wife of a friend from work invited me and a few other people to attend PhilAm Life's Financial Planning Tool seminar. As I'm a sucker for anything financial, I readily agreed to attend the event at the City Sports Club. Who would say NO to a free seminar with free dinner to boot, right? Probably, those with a date, haha. After all it was a friday night. Kidding aside, I attended the event because I believe in supporting endeavors that promote financial literacy among Filipinos. I believe that there is hope for us filipinos to break away from the bondage of poverty. The road to getting there may be long and winding, but I dare say that we Filipinos will eventually find our place on the financial map. I'm hoping it will happen in our lifetime, but if it won't, then let's take comfort in the idea that our future children will be reaping what is being sown today. Thanks to the internet and social media, access to information is becoming readily available to those ...

The Filipino people yesterday flocked to different voting precincts to cast their votes for the top positions of government; president and vice-president. In yesterday's election, registered voters also get to select their new 12 senators, 1 congressman, and the heads of their local government units (mayor/vice-mayor/its council OR governor/vice-governor and board members) . When a country is about to select their top government officials, the stock market index tends to move downwards due to uncertainty of who will be the country's new leaders. Investors become wary and tend to adapt a wait-and-see attitude. Some tend to sell their positions. On the last trading day prior to Monday's elections, the Philippine Stock Exchange Index closed below the 7,000 points mark as shown below: Voting ended at 5:00 P.M. Philippine time yesterday, and counting of results immediately started. Unofficial results of canvassing by the PPCRV (Parish Pastoral Council for Responsible Vot...

Earlier, I saw a post that a batch mate from high school posted on his FB wall. His status message mentioned something about teaching personal finance in our schools. Naturally, I clicked on the article that he linked as I'm often curious when it comes to matters on personal finance. The article was entitled "5 'Money Lies' You Should Stop Telling Yourself by Age 30" and was written by Miss Lianne Martha M. Laroya. The article listed these 5 lies that people often tell themselves about money. They are as follows:

This is late information, but I thought of still sharing it anyway in the off chance that there might be newbies who just signed up for COL. COL or formerly Citiseconline is now called COL Financial Inc. COL is my chosen online stockbroker. To those who haven't heard of COL, you can find their site at colfinancial.com. Click on the picture below to direct you to their site, in case you might be interested in getting into the Philippine stock market. screengrabbed from colfinancial.com When funding one's COL account, one has the option to use the services of major banks in the Philippines such as BDO, BPI, and Metrobank. I just recently learned that one may now also use the services of Chinabank to fund one's account. Through the bank's Bills Payment facility, one may pay online or pay OTC (Over-The-Counter). In the past, I've used either BDO or Metrobank. Whether you pay online or OTC, there is NO charges incurred. But just last December 27, 2015, I received ...