Stock Market: Risky or Not?

People’s impression of the stock market can be countless. But the most notion we often hear is that the sock market is risky. But isn't it most of the things we do in life are risky?  

Riding the motorcycle going to work for example is a risk you take everyday. Putting up a sari-sari store also involves risks. Being an OFW, too entails a lot of risks. But risks can be minimized if not totally eliminated. 

Motorcycle riders have their helmets, gloves, knee pads to protect themselves from serious injuries from possible falls.

In the Stock Market, there are also preparations and strategies we do, and discipline we follow, to lessen if not avoid the losses. 

So, according to my mentor, there are some ways to minimize the risks in investing in the stock market and so that we can maximize the returns of our investment. 

Watch the video below to know more.

It's Girl Power

Today, we are celebrating the International Women's Day.

GIRL POWER blog mates, group mates and page mates :-)

Happy women's day to us all. 

As women, we ROCK. We have the POWER. Absolute power to change our FINANCIAL life.

As OFW women, we have the power. Power to uplift our families from poverty. Power to give them their financial needs. But most especially, POWER to GO HOME and be WITH OUR FAMILY VERY SOON celebrating especial occasions together, without worrying of their pang-tuition and allowance.

We working women in the Philippines or abroad have the power to be financially independent.

We must save and invest now to boost this power that GOD has bestowed on us.

As a woman to fellow women, I'd like to share with you my personal knowledge on stock market investing through this especial FREE e-book with FREE video tutorials. 

Don't resist the POWER to change your future. Visit my subscription page, to subscribe for free and allow yourself to be blessed.

Be FREE. To financial independence.

P.S. 1: If your find this post helpful, please don't hesitate to share it in your page or to your friends. Let's all journey together to freedom. 

Bakit Ka Nangutang?

When was the last time you asked someone for a loan or apply from an office for a loan?

Are you still in debt or have you already gotten yourself out from your matagal nang pagkakautang?

Kung wala ka nang utang, Congratulations!!! Binabati kita. Sana ako na rin ang susunod sa 'yo :-)

But...wait. Is DEBT really BAD?

According to Robert Kiyosaki, there are 2 kinds of debts. There is a BAD DEBT and there is also a GOOD DEBT. Hindi ito yung utang na loob a :-)

BAD DEBT according to Kiyosaki is the money borrowed that is used for things that takes away money from your pocket.  GOOD DEBT on the other hand is yung utang that is used for things that helps you acquire wealth.

So going back to my question, BAKIT KA NANGUTANG? Is your debt a masamang utang? or a mabuting utang? 

Recently, I have joined a Facebook group of some Filipinos, karamihan OFWs, who are in to financial literacy. One of the group members asked:

"Hi there!! I am planning to loan for my start up business which lending companies that I can loan? The amount that I barrow is Php. 30,000. And also is PAGIBIG loan can barrow in the said amount? Thanks!!" 

This member has a good aim but he should also make sure that his purpose of borrowing is well planned. Otherwise, sayang. Especially he mentioned that it is for a start up business. But, according to Kiyosaki's definition of debt, this can become a good debt assuming that the start-up business is solidly planned.

On the contrary, Violy (ako po yun) applied for a loan from her insurance company dahil kinapos ng budget during one of her bakasyon sa Pilipinas. By that time she hasn't yet met her role models: Robert Kiyosaki, Bo Sanchez, Francisco Colayco and Warren Buffet.

She used the money she borrowed para sa pamparenovate ng bahay lng naman and panlibre. As a result, maganda na ang pader ng bahay nila, but she's still in the process of paying her loan plus the interest. The walls of their house do not even say, "Hi, ito o pambayad mo." 

If she could have delayed a little bit and saved for that amount... Tsk...tsk...tsk... A lesson learned.

Make borrowing your friend not your enemy because when you borrow and have bad debts, this will pin you down with the burden of paying the principal and the interest. But if you borrow for things that will put money in your pocket, this will uplift you from your miserable financial situation.

The next time you UTANG, think first, WHY?

P.S. 1: If you like this post, please feel free to share in your page and with your friends. 

P.S. 2: If you are interested about investing in the Philippine Stock Market, I have prepared a free e-book with free video tutorials about it. Just Subscribe for free. You can find the subscription form in the SIDE BAR or BELOW.