Like investing, estate planning is usually thought of as something just for rich people. But that's not really the case.
Did you know that if you die, your surviving family will need to pay the government up to 20% of what you left them?
But there is a way you can leverage what insiders know, without having to resort to insider trading.
Although there are plenty of other ways to make money on stocks (perhaps even safer ones, since such info can be tricky), there is something to be said about leveraging the knowledge of people in the company that are in position to really know how the business is doing.
More to the point, they can provide some perspective if the current stock price is inflated, or unnecessarily low.
And you don't have to get close to anyone or even socialize with them.
This article is posted under investments
And one of the toughest hurdles in stock market investing is the sheer unfamiliarity of it.
So I thought it made sense to try and explain stocks by comparing it with one of the most basic and mundane tasks - grocery shopping.
Hopefully more Filipinos will see it, understand it's not so arcane, and be encouraged to learn more. If nothing else, at least there's another way to think/explain stocks other than poker or some other form of gambling.
Ms. Kim is the main character of the Korean TV series "Queen of Office". She's a contractual worker (apparently a problem there as well, not just here). But not an ordinary one.
On the surface, this is because she is incredibly efficient and knowledgeable. It's also partly because she's a jack of all trades (though in true TV fashion, seemingly a master in all of them).
But in more practical terms she also provides value-added services - not only does she complete her normal desk work promptly and excellently, she also insists on making coffee (because the usual office coffee is terrible, and she brews great coffee), mops the floor, cleans the comfort rooms, and uses a variety of impressive skills to complete the team's goals.
She is, of course, a fictional character and there isn't much point in comparing ourselves to someone whose skills, personality, and even experiences were scripted and planned out. Right?
This article is posted under mind setting
My attention was immediately focused on the one for tuition. I'd rather not mention the company since this is neither an advertorial nor an exercise in disparaging them.
I'd just like to point out how being financially literate can help you prepare better for future events.
So I've finally gotten a taste of the "real world". Not that I grew up privileged. But when you're single, you have more control over your financial goals (as Mark pointed out before).
After saving (and investing) for our child's college education, our retirement, and allocating some funds to increase our emergency fund, most of what's left are for car and house payments.
In about 5 years my finances should ease up somewhat. But as it is, I don't have a whole lot to just invest in stocks (for personal goals that is). Which is why windfalls are really welcome. And which ends my long-winded and rather self-absorbed intro and brings up the real point of this post. (finally!:)
This article is posted under personal finance
Normally, I'd try to give an intro, but in this case I'd like to share my thoughts after the article.
In this post, we're going to go over what you can do.
But then we tend to forgo (or forget about) passive investing - which allows us to grow our money now, doesn't get in the way of pursuing other goals, and still allows us to live our lives now, not decades from now.