Most people think they know what money is, but the truth is they don’t. To most people, money is the paper that is in their wallet or the number in their bank account. While we call that money, it is actually not the truth about what real money is. Real money is invisible and cannot … Continue reading What is money?
What strategies should you use to invest your money? Individual preferences create issues and choices in the way investments are managed. Two of them-active versus passive investing and use of individual securities versus mutual funds or UITFs? An Active versus Passive Approach Risk-return and efficient market theory says that attempting to outperform the market will … Continue reading Active or Passive? Stocks or funds?
Question: How should we do personal financial planning based on our culture? Unlike the west, we heavily support family members. Mike via Facebook Answer: I have been a student and a teacher of financial planning for many years, and it is true that we do things very differently here in the Philippines. It is a … Continue reading Financial planning the Pinoy way