How old are you? And how much is your savings na?

[SuperStar]

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Naa sa Deca 4 sa Mactan hehehe

Single pa man ko. Unya nako mag minyo maka kita kog girl same mi ug mindset.

60% sa akong kwarta naa man ron sa stock market ug sa UITF
30% emergency fund nako
10% "tingbits" buffer fund para dili ta ka feel ug tingbitay if wapa sweldo hehehe

...pwede ka maka share sa imong better option than MF? hehehe interested ko.

Plan pud ko mag MF or ETF puhon if maka pa increase sa ko sa akong cashflow next year.

Asa ka na Deca Homes SuperStar? I have 2 units Deca Homes pud sa Tungkil...

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kanang imong 100,000 kung dili nimo gamiton na siya medium to long term (2 year or above - even 1 year lang). pwede man na nimo ibutang sa investment, bisan Mutual Fund lang (but i have a slightly better option than MF). People here can help, and Personally, I can help as well. Minyo na ba ka superstar? hehehe

[simoncpu]

Morag naka sense na sad ko nga kung di ni MLM, atik-atik thread na sad ni sa Kaiser/IMG. Mag "invest in yourself" na sad ni unya. Klaro kaayo mga bait sa posts o... LOLz. I can't wait to see more flamewars once again. Hehehehehehe...

[quantuminplus]

In my observation, majority of the people want to increase their knowledge about insurance, stock market trading, mutual funds and other opportunities that could make more (probably a lot of) money for them but really don't apply the things that they have learned. People are so fond of talking about their big dreams, that they like a very nice car and house, assets amounting to hundreds of millions, but come up with a lot of excuses once you ask them if they have started working on it. Excuses, no matter how valid it is, are still excuses and it won't make money.

tama!!...... don't want a very nice car, nor a huge house...... simple living lang....... and be financially free..... pohon...... (10-20yrs) dugaya pa.... hahahah...... sige lang

[jshrader]

wow vacations.....

uu... vacation within cebu ra... hahaha.. para di kaau gasto...

[jshrader]

Question diay sa mga finance gods diri... asa best ibutang ang emergency fund? Okie ra ba ni sa savings account? Nya once maka save kog at least 3 months worth of salary, dapat na ba ni nako i-invest or magstart lang kog lain savings para i-invest?

why don't they teach personal finance in school? mas makatabang pa tingali na nako karon...

[SuperStar]

ingon sa akong mentor kay ibutang daw ang emergency fund sa time deposit since di man sad na nimo gamiton...at least ga earn sya interest tapos risk free pa jd.

[Kristiano]

ingon sa akong mentor kay ibutang daw ang emergency fund sa time deposit since di man sad na nimo gamiton...at least ga earn sya interest tapos risk free pa jd.

dili ba maglisod ta ug withdraw ana in case of emergency? or with penalty?

[kelv]

mas maayo kung sa mutual fund. mas liquid cya compared sa uban. meaning dali ra nmo makuha imong money in case of emergency. if withdrawhon nmo within 6 months ra naay exit fee. mas dako pa jud ang gains. wla ra mn kau risk ang mutual fund. cla na mismo ang nagmanage sa imong portfolio. so no need to do the research unlike stocks

[medwarc]

Question diay sa mga finance gods diri... asa best ibutang ang emergency fund? Okie ra ba ni sa savings account? Nya once maka save kog at least 3 months worth of salary, dapat na ba ni nako i-invest or magstart lang kog lain savings para i-invest?

why don't they teach personal finance in school? mas makatabang pa tingali na nako karon...

Bro, ang emergency fund, separate money jud ni nimo para sa mga emergency nga panginahanglan. yes, this should be in savings account, passbook or atm. purpose is para di malabtan ang imoha mga pang long term savings like sa imoha stocks, mutual funds or UITF. it takes discipline jud nuon bai. di nato ibutang pud as time deposit kay naa man nay withholding period...

[browniies]

Discipline is the key. Me I lack discipline when I was accumulating some fortune (past 5 years), I lost maybe 3M to wrong decisions and new habits (not drugs, women - i do not even drink) I have made. But even so, I came from nowhere (like we dont have food on our table), we sometimes steal food in order for us to eat. I am still happy for what I have accomplished. Use your head, do not procrastinate. If you have money, make it work for you while you are working. Right now, I have a good career, a decent paying Job, but my investments returns are in the 6 digit figure per month. And it started from 0. This is not bragging, you people do not know me personally therefore there is no point in bragging. I just want you to become disciplined pud, saka na lang mugasto ug taman naa nay passive income. ayaw lang sad palabian ug tipid (like mga insik nga datu karon) bisan 9 figures na ang kwarta sa banko, 60+ na ang edad, inot gihapon sa tanan. ambot kung madala nila ang kwarta sa langit (kung malangit man gani). so antos lang while you start, if you have passive income, hala gasto moderately, do not deprive yourself from a little luxuries in life. do what you want while you are young, go where you want, eat what you crave (moderately), kay kung tigulang na ka, dili na nimo mabuhat ang tanan.

Keep track of your targets, networth (even once a month), have a spreadsheet to keep track of it.

wow pwede masuya? zzzzzz.