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 … Continue reading
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 … Continue reading
In a previous post, I mentioned that I’m not a proponent of Variable Life Insurance (VUL). I am pro-insurance though for those who actually need it. You might ask: “If you don’t recommend VUL but advise breadwinners to invest and … Continue reading
My US Stock portfolio for the month of May ended up in RED but the good thing is it’s just down by -0.52%. However, my portfolio is up by 7.67% between January to May. And if we add the first … Continue reading
It’s the time of the month again when Maya announces the changes to the interest rates of their savings. What are the changes to Maya Savings’ interest rates? The base interest rate is now down to 3.5% per annum From … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading
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? … Continue reading
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 … Continue reading
