The Real Price Of The Last Minute

Time is money - we've all heard that saying. But does it apply literally? Is there, in effect an actual tag price for being late? In this post we'll see if waiting until the last minute can cost us.
We've all heard the saying "time is money." It means that we can use the time we have to make money. Or we can lose money by wasting time. But does it apply literally? Is there, in effect an actual tag price for being late?

Well, let's see...

Diversification vs Concentration of Assets

Diversification vs Concentration of Assets
In a previous post, I tackled Mark Cuban's rather unique view on investing. And since in investing, as you might have heard or read before, going with the flow or bandwagon-ing can be very detrimental to your success, there was good reason to discuss one of the most unique advice I've ever heard.

And though I believe the article can stand on its own, I didn't want to risk people mistaking the article for advice.

So in this article, I'm tackling what might be the most dangerous concept that was voiced in that article: Diversification vs Concentration of Assets

Useful Lessons From Teleseryes: Juan Dela Cruz

My previous teleserye post was rather successful so I thought it might be a good idea to do another one. This time, to sort of up the ante, we'll look at a series that doesn't have a business setting: Juan Dela Cruz.  

An Overview On Technical Analysis for The Stock Market

An Overview On Technical Analysis for The Stock Market
For stock traders or those who actively trade stocks instead of holding onto them for years, technical analysis is one of most useful - if not the most useful - skill there is.

Technical Analysis is a way of forecasting the movement of stock prices by analyzing past market data - primarily through stock price and volume.

And in this article, we'll go over some basic stuff about Technical analysis as well as some free reference materials we can use to learn more.

Mark Cuban's Take On Investing: Diversification Is For Idiots, Cash is King, & Invest in Volatility

Mark Cuban's Take On Investing: Diversification Is For Idiots, Cash is King, & Invest in Volatility. Billionaire entrepreneur Mark Cuban takes the stance that "diversification is for idiots", "Cash is king" and that we should hold onto our cash and "invest in volatility." In this post, we'll analyze his ideas and see what we can really learn from him.
Mark Cuban is a fascinating character with interesting, out-of-the-box ideas.

And in this video, he takes the stance that "diversification is for idiots", "Cash is king" and that we should hold onto our cash and "invest in volatility."

I'd like you to watch it for yourself and form your own opinions on his ideas.

And later in this article we'll break down some of his ideas and analyze the rationale behind them.

Review of Philipine Banks' Customer Service and Car Loan Rates Part 3

This is part 3 of a 3-part series. If you haven't read part 1 and part 2 yet, I recommend that you do so.

In the previous articles, we evaluated 9 different banks' customer service. In this article we'll go over who has the the lowest interest rates on car loans.

But most banks don't give out rates outright, instead asking you what terms you want or - annoyingly - asking you to go through the approval process before disclosing any information. Probably, this is so you can't compare the rates outright, and so they can have a chance to lure you in with promos (like free car insurance).

So to compare them we'll define a specific loan term and we'll see who comes out with the most affordable offer. In this case we will use:
  • Brand new vehicle
  • Worth Php703,000
  • 20% down-payment
  • 5-year (60 months) loan term

Now to see which bank can give us the best offer.

Useful Lessons From Teleseryes: Ina, Kapatid, Anak

Useful lessons from the teleserye Ina, Kapatid, Anak. Or what Margaux and Celine can tell us about business: develop your talents, work hard, limit expenses, be aggressive but not too aggressive.
I try to avoid Teleseryes as much as possible. And I'm not bothered in the least when people around me start talking about it and I can't relate (To the point where I don't even recognize the names they're saying).

But like all married men have found out, and will find out, watching them will be inevitable after marriage.

Fortunately, I'm a firm believer that there's a lot you can learn simply by observing, thinking and trying (consequently making me skeptical of self-hep/motivational books or seminars, but that's neither here nor there).

So today, we're going to squeeze out a few tips from Ina, Kapatid, Anak.

Review of Philipine Banks' Customer Service and Car Loan Rates Part 2

This is part 2 of a 3-part series. If you haven't read part 1 yet, please do so.

First Let's review the criteria again:
  • Waiting Time: Honestly, it's not a big factor, but since all my visits were around lunch time - a high-traffic period for banks - it might be a good omen for how efficient the bank is. So I'm including it here, even though it will have no impact in my final review.
  • Equipped with basic knowledge: The bank representative must be able to answer my questions. After all, if they can't then why are they there?
  • Equipped with necessary tools: No person can realistically be expected to know the answer to every question. But bank representatives must have the necessary tools to respond to inquiries. They must have access to financial calculators and templates, the latest rates, and anything else that can help a customer.
  • Customer-oriented: must be professional, friendly, attentive to needs, helpful, etc.
  • Readiness: Are they able to capitalize on inquiries by handing out leaflets/pamphlets, print outs, or any other helpful materials to encourage the customer to avail of their products.

And now, back to our review.

Functional Exercise, Or How To Get In Shape Without Spending Money Or Losing Time

Functional Exercise, Or How To Get In Shape Without Spending Money Or Losing Time
Exercising is definitely one of the most popular topics right now (along with dieting). I don't even need to read or watch anything to know that. I just have to look at the date to know beach season is here, and getting in shape is again the hottest topic out there.

Review of Philipine Banks' Customer Service and Car Loan Rates Part 1

One post that I really liked from Fitz is his article Comparing Time Deposit Rates of Philippine Banks. It offered practical information (the actual rates) and insight into which bank (or at least branch) was equipped to facilitate investment concerns.

And now, I'm excited to be able to do something equally useful, similar, but different. In this three-part article, we'll review the customer service of some Philippine banks as well as which one has the most affordable car loan rates.

Why is it useful? My perspective is that bank rates are somewhat predictable. The bank paying the highest interest on savings accounts will most likely give one of the highest - if not the highest - interest on Time Deposits and high-yield savings accounts. And I believe the same holds true for interest on bank loans. Plus, who wants to deal with lackluster customer service? (Admittedly, I'm only reviewing one branch per bank, but it can still be indicative if the banks process is at fault and not simply the bank representative.)

I will review 4 banks in part 1, 5 banks in part 2, and in part 3 I will disclose their car loan rates and we'll find out which one charges the lowest interest on loans.

Knowing More About Unit Investment Trust Funds (UITFs)

A while back I shared a video discussing Mutual Funds. Today, let me share a video talking about UITFs and it's benefits. It's from one of my favorite shows, ANC On The Money and their guest is no less than Christmas Sevilla, BPI's VP for Wealth Management!

The Progress Of My New Year's Plan

The Progress Of My New Year's Plan - We can achieve our goals if we plan and act on them.
At the start of the year, I outlined some of my personal goals in my journey to financial independence. While my end-goal is still an extremely long way away from being achieved, I think it's important to check progress from time to time to make sure I'm not forgetting what I'm supposed to do.

So in this post I'll be sharing what happened so far.