Kuya Well's personal finance corner
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)” »
I’m a member of a certain Facebook MP2 sharing group and I’ve seen a lot of similar questions being raised so I’ve decided to create this post. Hopefully, this helps you out if you’re in a similar boat and have questions that need answers. Before we go to the FAQs, here are some posts of … Read More “Quick FAQS: Pag-IBIG MP2 in a nutshell” »
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 get life insurance, what are my options?” That’s where the BTID strategy comes in. What … Read More “BTID strategy: a Better Investment and Insurance Approach” »
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 3 days of the month of June, we’re up by 9.68%. Portfolio Comparison to the … Read More “Poor Pinoy Investor US Stock Portfolio Update (June 2023)” »
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 a previous base interest of 4% p.a., your Maya Savings account will now earn 3.5% … Read More “Latest changes to Maya Savings’ Interest Rates (June 2023)” »
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” »
