Our BusinessCoach, Inc. Seminar Experience

What it feels like to be your own boss?

Having your own business seems to have many perks. The title of being a CEO? Your own time, good standing in terms of VISA applications and many others. But of course, you need to invest in effort and money and again, many others.

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My little steps to financial freedom

January. The first month of the year where everyone is given a fresh start, a clean list and everything hopeful…

Since I claimed 2015 to be a more prosperous year, and the year where I’ll really start to build my financial investments I decided to start it with a BANG!  At 2013, I bought my first shares of stocks. JFC (Jollibee, my ultimate favorite among my stocks) and to date, it has given me 2 dividends already. And from there, I know that this investment will be something that needs to be hold onto for a long time.

Personally, and well as most of the financial advisors will tell you. You need these things under your belt to be considered, not rich, but financially stable.

1. Emergency Fund – Enough cash to cover unemployment, hospitalization and other “EMERGENCY”.

2. Stocks – Amount you’ll keep and wait to grow, i.e: to serve as your retirement fund.

3. Mutual Funds – Amount you’ll keep and wait to grow, i.e: to serve as child’s education fund and other plans (house, car, vacation)

4. Insurance – To lessen the impact of your accident or demise.  (If you’re a breadwinner, your capacity to provide), Money to help your beneficiaries get your assets from the BIR. Usually cost 20% of the asset value.

5. HMO or Health Insurance – Makes you worry free from hospital bills.

I am not saying you are not stable If you do not have these things. But personally, this is how I measure mine. And knowing that I have them makes me sleep very well at night.

  • And just this month… I get to open my first mutual fund under PhilEquity – MF Product: PhilEquity Fund… with NAVps price of 37.32 I will wait for a decade or so and see where it’ll take me. But, from research they are performing very well and continually beating the inflation rate. To know more, visit their website: http://www.philequity.net/ or visit their office at the Philippine Stock Exchange East Tower. It will only take you 30 minutes to open an account.
  • I also attended Pesos and Sense: Basic Investing Seminar with Mr. Aya Laraya. And it was oh so worth it! You get a detailed information on the different types of investment. Can ask questions and get the answer of a professional financial advisor. You also get to take home a certificate. The venue is in the Philippine Stock Exchange East Tower, Ortigas. (That building is the epitome of financial literacy).

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PESO

  • Back to stocks, I recently purchased other companies such as ALI (Ayala Land), ABS (Abs-Cbn) and LRI (LaFarge).
  • And lastly, I joined Bo Sanchez’s Truly Rich Club. He’ll give you a list of stocks that you can buy and give you advice on when to sell, when to buy and when to hold. Plus spiritual readings to help you find peace 🙂

You guys, can make me rich a couple of bucks by joining too – click here: http://bosanchezmembers.com/amember/go.php?r=67847. If you joined through this link, Yehey! Thank you very much!

Hope you learn a thing or two, or simply just become curios enough to research more on this financial terms. My advise is very simple… START NOW!

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Go Banking with BPI

logo-bpi

Banking Made Easy. Whatever bank uses such tag line should take a look on how well BPI (Bank of the Philippine Island) does their banking, because they really made is EASY. With just a few clicks, without the the hassle of long lines, and going to their branch you’ve got all your transactions done in just one seating, all at your own time.

 

Simply enroll your BPI Savings Account to their Online Banking and voila! you are good to pay everything! One of the best things I got is their EPrepaid which really is a charming little card. It is a debit card that is a Mastercard so you will be 100% confident that your card is acceptable everywhere. This EPrepaid is enrolled under my savings account, so with my BPI app in my phone I simply transfer funds from my savings account to this eprepaid, all in real time. And another very efficient feature here is, you can check the balance of your EPrepaid just by going online and clicking on the balance inquiry image on their website.

bpi

I did an entry about this card, if interested click here. 

Another very good feature  which I just used this morning, you can reload your GLOBE/TM phone with their App.

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Amazing, Efficient and Convenient. Good Job BPI!

I really recommend this bank… They are the best for me.

**note: I didn’t get any benefits/payment for this entry. This is all from my personal experience. They just did so good that I am ecstatic to share their good service. I am a very satisfied customer. 🙂

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I just invested in the Stock Market

It was way back in September that I opened my COL account, and its only now that I get to fund and BUY MY FIRST COMPANY. In all my research, I’ve always wanted a blue chip company, the “for keeps” as they say… Since I am a long term investor, which plans to keep my stocks for a long time (we’re talking more than 10 years here)… and they also said that you have to buy a company that you yourself uses, or is a customer of. and so I bought, everyone’s favorite: JOLLIBEE.

 

Why Jollibee? First, Its every Pinoy’s go to food chain, every parent brings their child here, its food services – so everybody… well eats, and lastly, their branching out internationally. Opening in Singapore, Middle East etc.

 

I am really happy with my timing because I’ve decided to buy JFC last Monday but since the Internet is a bit slow I got irritated and log out, and so today much to my delight JFC whose sells for Php 176 went down to Php 172… and so I grabbed the chance. I am using the EIP account from COL financial which is a starter’s program with a minimum of Php 5,000 you get to buy stocks.

Yey!

Yey!

 

I feel so empowered and kinda rich haha, knowing that a decade or more from now that small amount can lead to big bucks 🙂

How about you? Have you done something to secure your future no matter how small that step is? NOW is the time, start now and live a good future!

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Savings is a MUST

I am very determined to make 2014 my savings year, and so I am building this dream one payoff at a time. I do the classic “correct” formula of

SALARY – SAVINGS = EXPENSES

I’ll say that since late last year I have been financially literate, and I plan to learn more, save more and hopefully, give more… I listed the following points that I hope to cross off at the end of the year and these are:

  • Stock Market – I want to buy a share of JFC
  • Mutual Fund – 30,000
  • Sun Life Investment and Insurance – 4500/quarterly
  • Maxicare HMO – 14,000 / semi-annual
  • Savings Account

I know I have lot on my list, but I think with the right discipline and determination I’ll reach this and… woah! what a personal achievement It’ll be… Being 26, things are getting serious now and stability and independence is a must 🙂

Upon reading on different blogs and financial readings, I read this two theories in which I can very much relate with.

30 days

Apply this against IMPULSIVE BUYING

How about you? Are you thinking of the future now or you’re still in the stage of spending all your money with a “I’ll-reward-myself” mantra? The most important lesson of all in saving is : START NOW! as time is the most essential thing here.

Let me share with you some of my financial reads online:

www.getrichslowly.org

callmekristine.blogspot.com

brighterlife.com.ph

pesosandsense.com

 

I posted an entry about STOCK MARKET 101… If you want to know the basics, click HERE.

A Libra’s guide to 2014

2014 is finally here… What’s ahead has always been a question to all of us whose curious. A glimpse of the future has always been a dream, Thankfully, there are horoscopes, astrology, card reading etc… that’s gives us an impression if not a reality of what is ahead.

And so for Libras like me, let’s see what 2014 will somehow look like.

2014 WORK HOROSCOPE

Career would go into a phase of expansion after July 2014. There would be rise in activity, opportunities, expansion & hard work. While gains might not be to your expectation but still there would be some exceptional expansion and exposure to new areas.

A temptation to indulge in dangerous or illegal activity could come up too. You need to say no, clearly and without any doubts.

An overall easing of pressures and the beginning of a steadier period at work would commence after November 2014.

2014 LOVE HOROSCOPE

2014 will be not easy in terms of relationships during the first half of the year. Since last year there has been a trend of being dissatisfied in relationships whether in marriage or romance. This is largely due to an over expectation or unrealistic expectations from partner. This trend would continue till July 2014, once you cross this period your level of satisfaction will return in relationships once again. Even your personal temperament which had become very tough and demanding over the last one year would ease out substantially after July this year. There are chances that after this phase gets over; you might rush into a relationship which is not totally overboard. Certain secret relationships and connections are possible in the second half of the year.

Love life will be interesting and positive for you during the months of April, mid July to early August, September, mid October to mid November and most of December 2014. Second half of the year is more conducive towards building up better relationships

2014 MONEY / FINANCE HOROSCOPE

2014 would start off on an average footing as the year commences. Your expenses would be high & unnecessary expenses would come about mostly during January. Luck would support you till March, after which there would be high chances of losing money, wasteful expenses & indulgences as well as possibility of a severe financial crunch. This phasewould continue till May 2014 & utmost care as well as planning is required in finances.

2014 GENERAL HOROSCOPE

Family matters might become a bit challenging. You need to be very careful about how you speak, because you might loose people around you due to your speech. Decision making could be very unreliable during the month of January 2014. Avoid major decisions. Overall still a good year.

This is just an impression, a guide of what’s in the future. Keep in mind that It is you who create your future, through your decisions, talents and relationship to others.

Just to add, here are some images that’ll describe a Libra.

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tomorrow's-libra-love-horoscope-(1)-2

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Sources: www.indastro.com    www.free-horoscope-today.com     www.free-daily-love-horoscope.com

STOCK MARKET 101

“Money without financial intelligence is money soon gone.”

– Robert Kiyosaki

 

In this entry, I’ll be discussing the basics of the STOCK MARKET as I understand it. I will skip the topic of why you need to invest and become financial free. I’ll be dedicating a post just for that but first, let’s do STOCK MARKET 101.

Just a reminder, It is best to put this in mind before you dive in to the world of stock market.

Stocks – just something you add on your current lifestyle…

 what the stock market is just 4 things:

(1) It is a place where (2) you can buy and sell (3) shares of stock of (4) publicly listed companies

 

 What are STOCKS?

Stocks are shares of ownership in a company. When you buy stocks of a publicly listed company, you become part owner of that company.  As a part owner, you participate in the company’s growth and future profits. Conversely, you may also lose if the company suffers a loss or performs below market expectations.

Historical data has shown that investing in stocks over the long-term provides superior returns. Stocks offer potentially higher yields compared with fixed income instruments such as time deposits, government securities and bonds.

An investor would need at least the minimum amount of investment to open a trading account which is Php 5,000.00.

*** If stocks are a far thing from your mind, what would you do with your 5,000? Buy a watch? shoes? bag? and everything that goes off fast?… Yes, It may be feel and look good at first because its new… but If you think in long term? They all lose their worth. But If you will invest that 5,000… Long term, It’ll grow and will worth more than that amount!

 

 How do I choose a stockbroker?

There are over 100 licensed stockbrokers accredited by the PSE. Your choice of stockbroker should depend on the type of service you will require and who will best suit your needs. The types of stockbrokers can be classified into:

a.    Traditional – those who assign a licensed salesman that take orders through written instructions or phone calls
b.    Online – those whose main interface with the customer is via the Internet 

You can get a complete list of accredited stockbrokers by visiting the PSE website, www.pse.com.ph, or contacting the PSE at (632) 688-7600 or (632) 819-4100.

I recommend:  COL Financial  www.colfinancial.com

Investing through an online stockbroker is like being your own stock broker. On your own, you will be able to buy and sell stocks as long as you have a computer with access to the internet. Since everything is do-it-yourself, you will be paying the lowest commission rate possible (0.25%).

 

How do I open an account?

Similar to the process in opening a bank account, you will be required to fill out a form called Customer Account Information Form (CAIF), and submit the following documents, namely:

a.    Two (2) valid IDs;
b.    Specimen signature cards; and
c.    Proof of billing (although some brokers do not require this).

Depending on your stockbroker, you may be also asked to provide additional pertinent documents and an initial cash deposit in order to begin investing in stocks.

Set-up an account: Setting up an account with a stock brokerage house is just like opening a bank account with at least P 5,000 initial deposit. Your broker will help you set-up an account. Fill out a customer information sheet, submit two valid IDs with picture, sign on a specimen signature card, and you are a bonafide stock market investor.

 

What companies should I buy?

This is a very important message, that you do the homework in choosing a company to buy.

If a company has weathered the past market crashes, chances are it will again in the future. (That’s why it’s of utmost importance that you pick an industry giant – rather than an unknown company.)

Choose stocks of companies with proven records of profitability with at least some earning in each of the past ten years.

  • Buy companies that have little to no competition. Airlines, Retail Stores and Auto Manufacturers are generally considered bad long-term investments because they are in fiercely competitive industries, which is reflected by low profit margins in their income statements. In general, stay away from seasonal or trendy industries like retail and regulated industries like utilities and airlines, unless they have shown consistent earnings and revenue growth over a long period of time. Few have.

Diversification is the opposite of “putting all your eggs in one basket,” a practice that is as risky as putting all your funds in one stock. Although temptation of putting everything into one stock might be very great, especially when the price is moving upward, it should be avoided. It is one of the basic rules in stock market investing. Diversification, on the other hand, is the investment strategy of investing in different industry sectors and if possible, different stocks from different reduce your risk considerably.

Invest regularly and systematically.

 

Do I need to have  physical evidence of my stock ownership? 

The PSE through its central depository, the Philippine Depository Trust Corp. (PDTC) uses the computerized book-entry system (BES) to transfer ownership of securities from one account to another, thus eliminating the need for physical exchange of scrip between buyer and seller. This system is called scripless trading. However, you may still request for an upliftment of your shareholdings to get a physical certificate.

 

After buying that company, you need a plan…

 

There are two types of people in the market:

stock markt pic copy

In this post, I am teaching you to be a FUNDAMENTAL INVESTOR.

The point to all this is to find what works for you. Make a buy/ sell plan. You don’t have to make big bucks overnight. Take the long-term approach, with a plan.

A wise investor always keep track, on a regular basis, of the sock price and the company’s performance. This way, an investor is able to foresee possible consistent poor performance and low profits as well as consequently low stock prices. One of the most important factors influencing the amount of success achieved by an investor is the quality of information used to make investment decisions.

Having placed an initial amount in stocks, the next step is to keep track of the stock price and to follow closely the developments of the company. It would not be wise to put your stock certificates in a safe and have them locked away for years. There have been too many cases of companies that performed badly for years, or even worse – got bankrupt. It would be too bad for an investor to discover after years that the shares have little or no value anymore.

Hold for the long term, at least 5-10 years, preferably forever. Avoid the temptation to sell when the market has a bad day or month or even year. On the other hand, avoid the temptation to take profit even if your stocks have gone up 50 percent, 100 percent, 200 percent, or more. As long as the fundamentals are still sound, do not sell. Just be sure to invest with money you don’t need for five or more years.

 

Investors should therefore spend some time and effort in studying their investment

Never stop learning, and continue to read as many books and articles as possible written by experts who have successfully invested in the types of markets in which you have an interest.

Nothing will happen without your commitment!

 

Credits to these following blogs, sites that gives me the inspiration and learnings that I need with the topic at hand:

http://www.pseacademy.com.ph/LS/staticpages/id-1309854652920/FAQs.html

http://www.market-barometer.com/stock_market_investing_101_timing_forecasting.htm

http://www.stockmarketforpinoys.com

http://www.bosanchez.ph

 

and so this concludes my stock market entry… I hope you get an idea or two about it and the better If you’d thought of taking action and joining the market…

Invest now, time is of the essence here, the earlier, the wealthier you’ll be. Stop dumping your money on non-sense investments, putting money in the bank isn’t that practical these days as they give few percentage… Think and act now and save your future.

Let’s end the poverty. Let’s spread financial literacy.

 

 

 

 

Money isn’t the most important thing in the world, but Money affects every important thing in the world.

an excerpt from the book of Bo Sanchez.

Pen Tool wonders

A month ago, a good friend of mine asked me to be part of his team. A newly-launched / registered company named AGI LINEA  ENTERPRISES 

An Online Store selling items that are crafted, art-inspired and unique. The idea is to stimulate viewers’/clients’ interest through online browsing with great pieces that are rarely or cannot be found from other stores.

To be part of a promising start is exciting and knowing that I’ll be working with a friend all adds up to fun. And so, I dive in… my work is to trace / convert images to vector.

Let me share with you the pieces and finish products.

 

boat jpg

 

finish products

finish products

These are yet to be presented to clients and If luck is with us, then we’re off to production. Since, I used AI’s PEN TOOL here, let me discuss it shortly.

They said that PEN TOOL is the hardest thing to control / learn in the Adobe Illustrator and Photoshop – but I think not!

Maybe because this is the first thing I learned in the program (Adobe Illustrator), At first the nodes are really hard to control especially the continuous arc but once you get to practice and gets the hand of it, you’ll be fine. Take note of the following keys to press such as the ALT (to cut), Shift (align) and the pulling in directions. Tracing is the best practice, do it frequently and achieve great results. You can also put in your desired stroke (simiar to brush in PSD) you can customize and drag it in the brush panel and you’re good to go. Illustrator’s pen tool is easier that Photoshop. It really feels like tracing in your PC.

Just practice! maybe with your name first then patterns and soon with images. Just have the patience… the skill to be gain is rewarding. and as they say

Repetition is the mother of all skill.

So there, I hope my side line goes well… Always look for possibilities, do this not only for the cash but also to practice your creative skills.

eprepaid of BPI, the new power card online

Shop online with this awesome card!

the all new eprepaid from BPI... shopping online made easy!

the all new eprepaid from BPI… shopping online made easy!

BPi does it big time, understanding the needs of people like us who doesn’t have credit cards but needs to pay online. The scenario before was, if you want to pay online it is either thru paypal, credit card or if you are lucky, payment thru bank deposit. but these are all in the past…

Meet the new my e-prepaid by Bank of the Philippine Islands powered by Mastercard.

See its features:

  1. Guaranteed 100% Application Approval
  2. No Maintaining Balance
  3. Use wherever MasterCard is accepted – at the widest selection of online shopping sites and stores here and abroad
  4. Shop in ALL websites accepting MasterCard®
  5. Use worldwide and especially online, wherever MasterCard® is accepted.
  6. Pick the card color of your choice, available in Azure & Indigo
  7. Valid for two (2) years
  8. Load up to P10,000 through BPI electronic channels.
  9. Load up to P50,000 through over-the-counter deposit at any BPI or BPI Family Savings Bank branch nationwide.
  10. Easy loading & reloading through numerous BPI electronic channels.
  11. Check your card balance real-time through text (SMS) or by dialing 89-100; press 4 for Express Cash and press 1 for Balance Inquiry

—– Enjoy instant discounts and freebies from BPI Real Thrills.

No Maintaining Balance, Reloadable and Mastercard are the key words here… great!

Now you can buy tickets, goods, reservations and more — ONLINE.

** Just an update, I finally claimed my MasterCard!

card

excited, TRIBOBOT 🙂