Kuya Well's personal finance corner
I’ve talked about investing in the US stock market a lot. And in my previous posts, I’ve mentioned how the US stock market has an average annual return of 10%. The question is how should you invest to be able to get that 10% average annual growth? In order for you to do so, you … Read More “Portfolio Discussion: VOO (Vanguard S&P 500 ETF)” »
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” »
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” »
