INVESTMENT 101 - Basic Overview of BONDS, STOCKS, MF, INSURANCE, and VUL

[Lochinvar]

Nice info... I really love Robert Kiyosaki on how he manages balance sheet and Income statement.... I love the author... Im not good in investing but i really love to learn.

[Lochinvar]

Nice info... I really love Robert Kiyosaki on how he manages balance sheet and Income statement.... I love the author... Im not good in investing but i really love to learn.

I really love his book "Rich Dad, Poor Dad"

[honey2723]

@lochinvar - yes.. Robert Kiyosaki's book, CashFlow Quadrant, really opened up my eyes.. After reading that book, I ventured reading other personal finances books, seminars, and courses.. And INVESTMENT 101 is a result of all those reading and studying.. Can you imagine the amount of time and money I spent on all those information?? I even paid for a course nga 5-digit figure... Ako lang jud gi-take ang opportunity as an investment. And because I believe in sharing my knowledge to those who are willing to learn as well, I'm giving it for only P650.. So, what are you waiting for?? Register na!

[istoryamember]

"BEFORE a parent could raise 10 children, TODAY the 10 children cannot raise a parent.
BEFORE the father works, mother raises 10 kids. TODAY, even if both husband and wife works, they can hardly raise 2 or 3 kids.
BEFORE good earners low spenders were well-off. TODAY, high earners low spenders are in debt.
BEFORE one source income was enough. TODAY, having multiple income streams is a necessity."
- source: IMG Bookmark

Times are changing but money rules stays the same for the majority. It;s time to unlearn old money concepts and learn what should be practiced TODAY..

Saving money in the bank during our parents' time was okay but not these days. Find out way in INVESTMENT 101...

I don't agree much of the things not highlighted and I don't agree 100% to the one I highlighted. Also, I think it is the personality of the people that is changing. Dili naman contented. Unsay naa sa iyang higala, dapat naa pud sa iyaha bisan magka utang utang. It is simple logic that if you earn high and you spend low, you have savings. How come you are in debt? If you earn 100 and you spend 10, how can there be debt? Murag wala ko ka gets

[honey2723]

It's something that I just got from a bookmark.. It could be that the situation is different from one another..

If you can still raise 10 children these days, then kudos to you! You are doing something that the majority isn't doing at all.
If you're a father and can solely provide for the family's needs, kudos again to you! You are not one of the masses.

There are so many high-earning individuals but the NETWORTH is still negative due to the fact that the things surrounding them is still under amortization.. Being contented with the chosen lifestyle is indeed the key to living a debt-free life... But part of the lifestyle that we have chosen involves putting a roof on our heads, providing transportation to the family, etc... We can choose to rent or own these things. And the choices we make, will determine if we end up in debt or not.

If we choose to buy our own house, i.e. a low cost house with a monthly amortization of P7000/month. Even if it's within the monthly budget, we still owe the bank (or Pag-ibig if we chose to course through Pag-ibig). Ergo, we are still in debt. But if we choose not to buy, just rent, then we may not have any debt but the moment we decide to stop paying then we don't have a roof over our heads...

@istoryamember - it's a matter of how you look at things ra man jud..

I spoke with somebody who also has the same concept as you have, earn 100 and spend 10... He wanted to buy his own condo 10 years from now. He's earning significantly right now and plans to save up for a spot cash for a condo 10 years from now, and after doing some financial planning with him, he realized that if he buys his condo 10 years from now without acquiring debt, he can do so.. But considering that he plans to have a family by that time, his family will end up hungry kay nahurot na sa pag-spot cash sa bayad sa condo... He may not have a debt to the bank for his condo, but he is indebted in providing for the daily needs of his family...

I'd like to invite you to INVESTMENT 101 para maka-gets ka sa akng point of view...

[lloyd_joy]

there are 2 kinds of debt... "positive debt" and a "negative debt"... anyhow, it is always good to execute a balance & sound decision and action so that our family will not go hungry...

investing has it's own risk... rule of thumb... "high risk investment will bring high rewards"... it is always a must to gather more knowledge prior in doing the actual investment... before plunging ourselves into the blue ocean of opportunities... but mind you, that "blue ocean" often times is a true "red ocean" in disguise if we will not do our assignment before joining the band wagon. mas maayo man naa ta'y daghan bala para ready inig apil sa gubat... before mo apil ug investing...

for me, ok kaayo ning "Investment 101" for people na dili gikan ug business oriented family... i'm included on this group... nindot unta i-apil kun naa lang ko sa cebu...

[istoryamember]

It would be appropriate to say that High Earners are in debt because there are really people earning a big sum of money per month but ang ila pud lifestyle nisaka pud mao nga igo igo ra jud ilang kwarta, worst, maka utang pa jud para lang sa ilang 'wants'. Mao nay mga tao nga nakalitan sa ilang pagka dato LOL

My income have risen significantly but my needs, mga budget sa balay, etc. more or less the same lang gihapon. And instead of buying liabilities, one should buy assets. I also use good debts for leverage.

Actually preparing this kind of seminar para ma spread ang financial literacy is a very commendable act. Plus barato ra pa jud ang fee.

I have bonds, stocks, mf, insurance and vul

[honey2723]

kudos to you bro on choosing a lifestyle that will lead to your financial freedom...

and unfortunately, I can't revise the wordings on the quote.. Ato ingnan nag himo sa bookmark.. hehehe basin typo ra pud to...

anyway, inviting everyone to INVESTMENT 101... It's this Saturday already, 2:00pm - 6:00pm at the Pioneer House...

[honey2723]

how confident are you that you will reach your dreams and goals? what are your plans to achieve them? is merely saving in the bank and being a 9-5 employee your answer?? If so, I highly encourage you to attend INVESTMENT 101 this Saturday to enlighten yourselves of the reality of your personal finances..

If you're following the idea of your parents of "mag-impok sa banko", then do join us.. That's not the money rule these days...

[honey2723]

Up for today...