AS the roses wilt and the Valentine’s Day chocolates are reduced to mere wrappers, February marks a transition from the euphoria of romantic gestures to the steadiness of everyday life. While the love and affection shared during this time are cherished, it’s also an opportune moment to redirect our attention to a different kind of … Read more
AS we welcome the dawn of a new year with the dazzling display of fireworks and joyous celebrations, it is essential to recognize the opportunities and challenges that lie ahead in the realm of personal finance. Much like orchestrating spectacular fireworks shows requires careful planning and precision, managing one’s finances demands strategic foresight and adaptability. … Read more
A SEASONED seafarer dwelled in a beautiful coastal province. I met him 10 years ago and attended one of my financial planning seminars when I was starting as a financial planner. With salt-kissed dreams of financial prosperity, he often gazed out at the boundless sea, envisioning a future of abundance. However, there was an ever-present … Read more
THE recent collapse of banks in the United States and Europe left many people worried about the safety of their own finances. Last March 10, US Federal Deposit Insurance Corp. (FDIC) took control of Silicon Valley Bank. Two days after, FDIC shut down Signature Bank after a run on its deposits by customers. Then on … Read more
PEOPLE are complaining about the high prices that we are experiencing nowadays. For example, in the last year, 2022, our average inflation was 5.8 percent, and the BSP Monetary Board forecast for 2023 will likely be around 2 percent to 4 percent inflation. Inflation has two sides: cost-push inflation is when the demand does not … Read more
YEAR after year, people promised something for themselves to improve with every new year. As a result, it’s the most exciting time of the year for gym owners. No, we’re not referring to the holiday season; instead, we’re referring to the January gym surge. In this crucial month, resolutions are formed and broken every year. … Read more
DESPITE lingering global economic concerns, the PSEi (Philippine Stock Exchange Index) sustained its upward momentum and settled closer to 6800 before the November 30 holiday. This then begs the question, is this the beginning of a new bull run, or is it just the usual Santa Claus rally or window dressing? With the latest development, … Read more
MOST Filipinos rely on social security for their retirement. However, despite the evidence in the past that depending on the government retirement program will surely lead us to despondent golden years. Still, from generation to generation, this is a considerable debate about whether to invest in it or just be faithful for the future. Of … Read more
As investors, we know too well that volatility is part of the game, whether it is war or time of peace. That is why it is a good investment to have an alternative asset that will add to your diversification, which will then help reduce overall portfolio volatility. And now is a good time for you to check the health condition of your portfolio.
THE Bangko Sentral ng Pilipinas (BSP) announced last May 19 the decision of the Monetary Board to hike rates by 25 basis points (bps) effective May 20. Some analysts expect the Monetary Board to hike benchmark rates by 75 bps this year to tame inflation and reduce currency risks after the US Fed (US Federal Reserve) hikes its benchmark rates. … Read more