Kuya Well's personal finance corner
You’ve probably heard about ETFs or Exchange-Traded Funds a few times, not only on this blog but on other sites as well. So for today’s post, let’s delve into the discussion about ETFs. What is an Exchange-Traded Fund or ETF? ETF is a type of investment fund that tracks an index, commodity, or basket of … Read More “Investing Made Easy: A Beginner’s Guide to ETFs” »
If you’ve been watching or reading finance-related websites or news companies, you may have heard about the collapse of the Silicon Valley Bank. SVB is the 16th largest bank in the US that provides a range of financial services to technology, life science, venture capital, and private equity firms. With SVB’s collapse, companies like Roku … Read More “Protect Your Money: The Benefits of Multiple Bank Accounts” »
Investors can use many types of stock investment strategies to grow their wealth. There are investors who prefer to earn by scalping or day trading to get immediate income and then there are those who prefer to buy and hold instead. I am more of a long-term investor so I focus mainly on the following … Read More “My Stocks Investment Strategy: Dividend, Growth, and Index Investing” »
Which is better: trading in the US stock market or PSE? We know that investing in the stock market can be a great way to build wealth over the long term, but where should you invest? Let’s take a look at the main differences between the two markets: Market Size and Capitalization The PSE and … Read More “US Stock Market vs. PSE: Which Offers Better Returns?” »
Retirement is a period that many Filipinos either look forward to or dread to happen. I guess it all depends on how well-prepared you are when that time comes. Hence, it’s imperative to plan ahead and consider various financial factors that can affect your retirement income. For this particular blog post, let’s discuss the financial … Read More “Retirement Savings Strategies for Filipinos” »
Maya recently released new changes to the interest rate that a depositor gets from their savings account. The updated rates were effective March 7, 2023. What are the changes? Previous New Changes 4.5% per annum base interest for earnings balance of up to 5M 4% per annum base interest for earnings balance of up to … Read More “Maya Savings Account Interest Rates Updated: What You Need to Know (March 2023)” »
Was your account debited but the recipient failed to receive the money when you used InstaPay transfer during an InstaPay maintenance or downtime? I’m sure you’re worried about the mishap but here’s what you need to do: Don’t get mad at your bank or eWallet provider I’ve seen several comments on the social media accounts … Read More “How to Handle Failed InstaPay Transactions During Maintenance” »
“You should invest in stocks”. That’s what most financial gurus will say. But for someone living in the Philippines, that’s easier said than done. Though there were already online trading platforms available for Filipinos as early as the 2000s, the technology and information were not “there” yet. Hence, the older generations including Millenials were not … Read More “Investing in Stocks: A Guide for Filipinos” »
Curious about Pag-IBIG MP2? Then you’re on the right page since we’ll discuss some of the most frequently asked questions about Pag-IBIG MP2 here. FAQs about Pag-IBIG MP2 Is Pag-IBIG MP2 a good investment? Yes, Pag-IBIG MP2 is widely regarded as a good investment option for Filipinos who want to save and earn more than … Read More “Maximizing Your Savings: What You Need to Know About Pag-IBIG MP2” »
The Pag-IBIG regular savings is one of the most overlooked investment vehicles by Filipinos. Most people think that the mandatory contribution is simply a requirement in order to be able to get a housing loan. But do you know that the monthly 100-peso mandatory Pag-IBIG contribution deducted from your monthly salary is actually held in … Read More “Pag-IBIG Regular Savings: What You Need to Know” »
