Kuya Well's personal finance corner
Hello, curious readers! Today, we’re diving into the intriguing world of SCHD. But hang on – we’re breaking it down in a way that’s easy to grasp, no matter where you are on your financial journey. Ready to explore how SCHD can supercharge your money? Let’s roll! Unraveling SCHD Imagine your money as a seed … Read More “Portfolio Discussion: SCHD – Your Key to Boosting Your Money!” »
I’m sure you’ve thought of using your credit card to pay for your MP2 contribution but have considered not doing it because of the hefty 1.75% convenience fee. Before I share the life hack, first consider using a credit card to pay for your MP2 contribution ONLY IF you’re going to pay the money you’ll … Read More “Life hack: How to pay MP2 contribution using a credit card with just a 5-peso convenience fee” »
Hey there, fellow investors! Today, we’re going to explore the exciting world of cryptocurrency – the new digital gold rush that has taken the financial world by storm. But first, let’s start with the basics: What is Cryptocurrency? A cryptocurrency is a form of digital or virtual currency that uses cryptography to secure financial transactions, … Read More “Cryptocurrency: The Digital Gold Rush for Your Investment Portfolio” »
Maya has updated their requirements on how to earn interest up to 10% per annum. What’s the latest change? Maya has made it easier to reach the levels of boosted earnings. Breakdown of how to earn up to 10% p.a. interest Note: the bonus interest rate is applicable only to your Savings balance of up … Read More “Latest changes to Maya Savings’ Interest Rates (August 2023)” »
Aug 4 The CIMB promo campaign that was introduced in July has been extended until August 31, 2023. July 3 CIMB’s previous promo, including the 12% Introductory Rate for new customers, has ended. But don’t worry, they have a new promo which I believe is even more satisfactory than the last. What’s the latest promo? … Read More “CIMB’s Interest Rate Latest Update (Aug 2023)” »
July is officially over, so it’s time for another Portfolio Update. Portfolio Performance for July My portfolio is up by 2.83% for the month of July. This is 2.1% lower compared to the June performance but overall, a good increase still. Portfolio Details Deposits made I have added $90 to my account which brings my … Read More “Poor Pinoy Investor US Stock Portfolio Update (August 2023)” »
One of the three ETFs that I’m currently holding is QQQ. And if you’re curious as to what it is and why I’m investing in it, read further. What is QQQ? QQQ is an ETF that mirrors the performance of the Nasdaq-100 Index, which comprises the 100 largest non-financial companies listed on the Nasdaq Stock … Read More “Portfolio Discussion: QQQ (Nasdaq-100 Index ETF)” »
With digital banks offering high-interest returns nowadays, one would think, should we just put our money in digital banks rather than invest in stocks, mutual funds, or even MP2? Maya Savings has captured the attention of many due to its advertised “10% p.a.” interest rate to the point that some are considering just investing in … Read More “Which one’s better: investing in Maya Savings or MP2?” »
Seabank just announced yesterday that they’re adjusting their interest rate from 5% per annum down to a 4.5% p.a. interest rate. What does this mean? Deposits/balances of up to 250K will earn a 4.5% per annum interest rate while balances beyond the first 250K will earn an interest of 3% p.a. When does this take … Read More “Latest Seabank Interest Rate Adjustment” »
It’s that time of the month again wherein your Poor Pinoy Investor reveals his current stock portfolio. This isn’t to brag, but rather to be transparent and remain true to the actual purpose of this blog: share investing experience that is relatable to small Pinoy investors. At the same time, provide information that hopefully helps … Read More “Poor Pinoy Investor US Stock Portfolio Update (July 2023)” »
