Kuya Well's personal finance corner
Let’s admit it, Dollar-Cost Averaging (DCA) or Peso-Cost Averaging (PCA) is boring. However, it’s the most straightforward and practical approach when investing. With this strategy, you don’t have to worry about the ups and downs of the market nor do you have to do complex calculations in mind. So what is Dollar-Cost Averaging? It’s simple: … Read More “Dollar-Cost Averaging: Boring but Practical Approach to Investing” »
As mentioned previously, I made the mistake of choosing Annual Dividends rather than the 5-Year Term when I created my first MP2 account. At that time, I was under 2 impressions; the dividends aren’t compounded automatically and you can reinvest the dividend via Virtual Pag-IBIG without having to withdraw the actual amount. You see, this … Read More “How to claim Pag-IBIG MP2 Annual Dividend” »
The average annual return of the Philippine Stock Exchange Index (PSEi) in the last 10 years is at around 7%. And if you check its 20-year average annual return, it’s even at 9%. So why is it that most investors are getting burned? The main reason why people are unable to earn the same average … Read More “Why people are losing money in the Philippine Stock Market” »
Perhaps you’ve heard about the recent mishap with GCash wherein some accounts had unauthorized transfers. Though this was already rectified by GCash, some people are perturbed by the use of GCash and other similar e-wallets. How to avoid getting scammed? And the best tip I can give you? DO NOT leave any funds in your … Read More “How to avoid getting scammed in GCash” »
In a previous post, I mentioned that GStocks PH is already available and that I signed up for it to see what it looks like. As mentioned previously, it requires approval first before you can start using it. And I got approved 2 days after signing up. My apologies for not getting back to this … Read More “How to trade using GStocks PH of GCash” »
I just got my Pag-IBIG Loyalty Card Plus the other day. I’m going to use it to claim my annual dividends for Pag-IBIG MP2. What is the Pag-IBIG Loyalty Card Plus? The Pag-IBIG Loyalty Card is a discount and rewards card where you can get discounts from their merchant partners. Discounts can range anywhere from … Read More “How to get a Pag-IBIG Loyalty Card Plus” »
CIMB has just recently released the details of their 2nd promo which started on May 1st and will run until June 30, 2023. If the first promo was intended for existing CIMB users, this time it’s geared toward new users. What’s the promo? The promo for new customers is a 12% p.a. introductory rate. Yep, … Read More “CIMB 2nd promo: 12% p.a. Introductory Rate for new customers (May 2023)” »
Since this is a personal finance blog, what good is it if I don’t provide you with an update on my stock portfolio? So for today’s blog, let me show you the performance of my US stock investment over at eToro. Year-to-date performance As of May, my portfolio is up by 7.15%. However, if we … Read More “Stock Portfolio update: How do we fare so far?” »
It’s a new month and CIMB’s previous 8% prosperity deposit campaign has already ended. That being said, CIMB is known to have a monthly promo for its customers. This time around, all existing customers (those who have active GSave or UpSave accounts as of April 30, 2023) will get 6% interest per annum on their … Read More “Earn 6% interest p.a. with CIMB’s latest Deposit Campaign (May 2023)” »
Hmmm… paano nga ba talaga magcompute ng dividends ng Pag-IBIG MP2? I’ve seen a lot of comments on social media asking about how one arrives at the actual value of dividends earned in MP2. Do you simply multiply the total savings by the dividend rate or is there a different formula to use? Though the … Read More “How to compute Pag-IBIG MP2 dividends” »
