investing in the philippines

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    BSP surprised by 8.0% November inflation (W:Dec7)

    Happy Wednesday, Barkada -- The PSE gained 232 points (!!) to 6674 ▲3.6% Thank you to the 20 readers that filled out the PREIT Allocation Poll. All entries (that provide an email address) will be entered for the chance to win a P500 Grab Food voucher on the day of the IPO. Thanks also to...
  2. J

    PDIC 500K on multiple banks

    Say there's two cases, a and b A. 1,000,000 in Bank Z B. 500,000 in Bank Z and 500,000 in Bank Y. How much would I be able to keep in both cases should both bank Z and Y goes bankrupt?
  3. L

    If only I met u guys sooner.

    Help..Late bloomer here...I was stupid to invest in a condo unit almost 2 yrs ago without enough EF and now due to the covid crisis I am unemployed and could not pay my monthly bills. My bro lends me money to pay for it. Should I just sell it at a lower price to atleast get something or just...
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    ACEN raises ₱3.7-B through creative sale of coal plant (T:Oct25)

    Happy Tuesday, Barkada -- The PSE gained 45 points to 6029 ▲0.8% Thanks to Atot and /@neener99 for the meme appreesh, to /@luciano123 for noticing the "love and attention" that I put into MB updates, and to Jack Plumber for the thumbs-up on my Q&A piece on APL. There really isn't a lot...
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    GLOBE reports fantastic 2019 earnings, promises record amount of spending in 2020... also, 1000 subs! Thanks PHinvest! (Feb5)

    GLOBE reports fantastic 2019 earnings, promises record amount of spending in 2020 The PSE closed up 90 points to 7,227 [▲1.24%]. Shout out to meme-lover, /@josephjohn, for showing some love for the MWC doge meme that I made for yesterday's MB. It put a smile on my face because I make 90% of...
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    PSE: April inflation was 3.8% (est. 4.1%); Apex Mining Q1 profit: P853-M (+55%); AyalaLand Logists Q1 profit: P211-M (+18%) (Wednesday, May 8)

    Happy Wednesday, Barkada -- The PSE lost 34 points to 6619 ▼0.5% Shout-out to Tenkan Sen for noting that CHP is likely to go through the same process as PLC after its tender offer, to Trina Cerdenia for saying that MB is "habit-forming" (!), to Jing for living for the memes, to _JAOBAN for...
  7. S

    Best Term Insurance for smoker w/ no dependents

    Hello everyone. I'm 27/single/self-sufficient and currently reassessing my finances rigorously as a beginner since I just revived my career. Relearning finances as well. No plans for family etc in the next 5 -10 years (if I'll push it haha) I just found out that VUL isn't the soundest decision...
  8. A

    Maliit n utang

    Hi guys, Ask lang advice nio. may pinautang kasi ako and umabot ng 10k utang nia, nabawasan naman un kaya ngayon 5300 nlng need nia bayaran sakin pero ngayon d n sya nagrereply s mga PM. Mom nia ang brgy chairman sa kanila. Ano kaya mainam gawin?
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    To Maya Savings users: ano hacks niyo to achieve 12% boosted interest?

    It’s August 1 and time again to restart boosted interest in Maya. Last month, I was able to earn 11% interest by using the hack to load P35,000 to my GrabPay Wallet using my Maya Card. Na-try niyo ba ito ngayon at nagwo-work pa rin sa inyo? I’ve tried it at least 5 times since 8:00 AM today...
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    FLI corporate bonds (3.5 years, 6-7% pa gross)

    Got an email from a bank offering Filinvest Land corporate bonds. Not quite familiar with how to invest and would like to seek opinions if this is worth the investment. I have enough savings and I'd like to keep them growing. Actively investing in digital banks and uitfs as of the moment and...
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    Goddamn BPI scammers

    A "bpi agent" called me and it was so believable wtf I'm in the tech field and super duper vigilant ako with my security pero this "bpi agent" called me which woke me up from my sleep. They started asking me questions and wow I was surprised how me in my still morning sleepy state would throw...
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    Retirement Fund :SSS P.E.S.O. Fund or Bank Money Market Fund?

    Hey guys, so I've been thinking about putting my money in the SSS PESO fund for my retirement fund. Is it okay or is it better if I put my retirement money in a money market fund? Side note: I'm also thinking of putting my entire emergency fund in a money market fund. Is it advisable or should...
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    Worldwide Entrepreneurs (W.E) by MJ Lopez "Fishy business credentials"

    Edit: will now post the link to the video, use it all you want xD to debunk this mfs. Also, I think ako lang may copy ng video na to kasi deleted kahit kaka-post lang nung nag-comment ako. https://drive.google.com/file/d/1J3sNCUA390ckiGLy-8N3QeznLJ7zB9Jq/view?usp=drivesdk Refrain yourself from...
  14. B

    But first, Coffee ROI Computation too optimistic

    Does someone here own a BFC franchise and have you reached their optimistic ROI computation or what can you say about ROI after 1 year? https://drive.google.com/file/d/1RjEcjIJRoa7oeRGIEtgdt\_hTcI0aH4qB/view
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    Cebu Pacific lost ₱24.9-B in 2021

    Happy Thursday, Barkada -- The PSE gained 1 point to 7009 ▲0% Thank you to all the Barkadans that reached out by email, DM, Twitter, Reddit, and Facebook to wish me well, and to encourage me to take the time needed to get over the illness and regain my strength. I appreciate your warmth and...
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    Theoretical lang, ano po opinion nyo?

    Situation: Newly weds sila (edit: 10 months na din pala), with 2 dependents na pusa. May car, wala nang binabayaran dito. So far, ubos halos ang savings dahil sa business na mga naput-up na hanggang ngayon ay wala pang ROI. Pero enough para sa following options sa baba. To be fair, bago pa naman...
  17. R

    Need po financial advice for 16 y.o

    Just as the title say, need ko po ng mga advice. Just for the record, I currently have zero money in my wallet, nor in my pocket. Though I have a savings account in USSC for about P4000 with the help of my mom(You cannot transact nor make profit with this in particular since this is a kid...
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    Done w/ EF, what's next? Am I missing out on something

    Earning 40k. Monthly expenses around 25k. I like saving up once I got the hang of it a few months ago. Pero I'm genuinely uncomfortable with seeing money that I have that is more than 5k. I come from a lower middle class family. Started working when I was in high school for daily expenses. I...
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    Number of 🇵🇭 $ millionaires in 2020

    Below are the # of High-Net-Worth Individual (HNWI) with at least $1 million in liquid financial assets Very-High-Net-Worth individual (VHNWI) with at least $5 million in liquid financial assets Ultra-High-Net-Worth Individual (UHNWI) with at least $30 million in liquid financial assets...
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    Do we Millennials/Gen Z have it economically harder than our Gen X/Boomer parents?

    I'm in my late 20s coming from a top 3 Uni. I worked pretty good jobs in Banking & Finance. Most of my batchmates have yet to achieve "mainstream" financial and life milestones that our parents have achieved at around our age. By "mainstream" milestones I mean, having your own, house, car/s...
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