Are U a Spender or an investor?

[quantuminplus]

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PHL to grow 5% in 2011, 2012 – IMF

The International Monetary Fund (IMF) said the dip in the country’s economic growth in the first half of the year is “temporary" and will speed up in the second half to bring the full-year growth to 5 percent.

The IMF team, who just concluded a visit to the Philippines, said “moderating but still rapid growth" will characterize the near-term behavior of the economy, which they estimate will expand by another 5 percent in 2012, the Fund said in a statement on Wednesday.

The Bangko Sentral ng Pilipinas (BSP) was praised for appropriately normalizing monetary policy and strengthening supervision and regulation. The IMF team also noted the resilience of the financial sector whose “non-performing loan ratios are relatively low and capital adequacy high."

In the IMF team’s assessment, “there is scope to adjust the pace and timing" of the BSP moves to return to its pre-global financial crisis monetary stance even if a global shock will affect the current fragile state of the world economy.

The IMF also reminded the BSP to carefully manage strong capital inflows “to avoid macroeconomic and asset price volatility" or the effects of high levels of foreign exchange on liquidity and inflation.

On the Aquino administration’s reorientation of spending for social and capital expenditure, the IMF team said this policy emphasis “will help to strengthen the basis for rapid and inclusive growth going forward."

“An increase in the tax effort will be needed to achieve these goals," the IMF experts noted.

[quantuminplus]

3.7371 = FAMI.... o top up namo.....hehhehe.... =)

[lorenzoleo]

hehehe nindot kung mu ubos napud ang NAVPS para maka palit tag daghan nga shares. Hehehe!
anyway dili man jud nato matag.anan ang future, importante cge lang kag top-up every month, ginagmay pero kanunay, slowly but surely. T_T!

[quantuminplus]

hehehe nindot kung mu ubos napud ang NAVPS para maka palit tag daghan nga shares. Hehehe!
anyway dili man jud nato matag.anan ang future, importante cge lang kag top-up every month, ginagmay pero kanunay, slowly but surely. T_T!

tama!....down pa..... heheheh...saka rani balik...paspas kayo

[quantuminplus]

Top 5 Tips to Build Wealth and Success

Warren Buffett is worth $45 billion. That wealth isn't only a factor of savvy investing and good business — the "Oracle of Omaha" is also known as a penny pincher. Buffett still lives in the same Omaha, Neb., home he bought in 1958 for $31,500.

Follow his frugal formula, and you too may wind up with a lot more money than you ever dreamed.

This week Financially Fit covers five tips to build wealth and success.

1. Live Below Your Means.
Being wealthy isn't just a product of your salary or investment prowess; it's learning how to save.

"We can make a lot of money, you can make a little bit of money, but the second you spend all the money is when people get into trouble. Saving is the key to preserving your wealth," says Ed Butowsky, managing partner of Chapwood Capital Investment Management, a firm that manages money for wealthy individuals.

As many Americans realized during the booming real estate market, just because you think you can afford something doesn't mean you should buy it. Keeping an eye on your bottom line will pay dividends over the long term.

2. Bounce Back From Defeat
With nearly 15 million workers unemployed right now in the U.S., it's easy to get discouraged. Don't! Most successful and wealthy people have overcome obstacles and failure along the way. Steve Jobs was ousted from Apple when he was 30. Today, he's a billionaire and a legend. Plus, after getting fired, he created another billion-dollar media company, Pixar.

"Bouncing back from defeat is something all great achievers have. They have this undying belief good things will happen and will continue to happen," says Butowsky.

Take Michael Jordan. "His airness" was cut from his high school basketball team. Motivated by the rejection, Jordan became a star the next season. The rest is history.

3. Self-Promote
Regardless of the profession, the rich and successful tend to have a strong sense of self-worth — key to skillfully navigating an upward career path. Mark Hurd, who was ousted as CEO of Hewlett-Packard in August, couldn't be kept down for long. Using his business skills and connections, in September, Hurd was named president of Oracle. (Hurd and Oracle founder Larry Ellison are known to be close friends.)

4. Have Street Smarts
Bernie Madoff lived the high life for decades, scamming unsuspecting clients, with a money-making formula that proved too good to be true. Only afterward did we learn that with a little due diligence, most clients could have easily uncovered the fraud.

But it's not only the swindlers and the con men you have to watch out for. Many times, friends and family take advantage of the rich. Whether it's a handout or an investment idea, Butowsky advises his high net worth clients that in most cases, it's wisest to just say "no." The best way to do that: have someone else do it for you.

"You need to really set up a wall between you and your family," he advises. "If you don't want to give them (family or friends) money ... saying no is probably a good idea."

5. Buy Cheap
The rich can afford to splurge, but that doesn't mean they do.

John Paulson, a billionaire hedge fund manager, bought his Hamptons "dream house at a bargain basement price," according to Greg Zuckerman, author of the Paulson-based book, "The Greatest Trade Ever." The story has it that Paulson eyed the home while it was in foreclosure. Finally, on a rain-soaked day, he purchased the home on the Southampton town hall steps. He was the only bidder.

On New York City's Upper East Side, Michael's— The Consignment Shop for Women— has been a bargain-hunting destination for more than 60 years. "We have a good percentage of women who can afford to shop on Madison Avenue but really like the idea of saving that money," says proprietor Tammy Gates.

From Chanel to Gucci and Louis Vuitton, the store specializes in high-end designer merchandise for a reasonable price. Speaking of her clientele, Gates says, "they're wealthy for a reason. They recognize that bargains keep people wealthy. Paying top dollar when you don't have to doesn't make sense."...

Even if they're the richest men of the world.... they did that....awesomeness.... o katong gusto diha ma rich or katong rich na ..... invest now..... and live below your means..... mao nay giingon sa uban nga mas sosyal pa daw tong manga walay budget kaysa naa........

[quantuminplus]

FAMI = 3.7418.... nid won gamay.... kato naa funds....puno nah..... mosaka ni ron week.... pass sa ko....hehhe

[behemothharr]

for now, im 50% investor and 50% spender kay nag work paman ko.

[quantuminplus]

for now, im 50% investor and 50% spender kay nag work paman ko.

that's good bro.... unsa man imong gi investan bro? paki share diri bro

[dartzed]

tinuod nga farm town ang nindot investan!..hehehe

[quantuminplus]

Fami = 3.7874