Tag Archives: inquirer

The Peso and the Dollar

Question: I have been reading about the peso getting stronger and the BSP controlling the exchange rate. Why is the peso getting stronger and what are its effects? Why is the BSP controlling it? —Name withheld upon request, asked via … Continue reading

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Where to put your money

Question: Where should I put my money? In a bank, property, business or stocks?—Miccael Ibarra Naig via Facebook Answer: I always believe that investing is a great idea and I pray that all Filipinos think and act the way you do. Before … Continue reading

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Posted in Economy, financial planning, Investment Tips | Tagged , , , , , , | 10 Comments

Philippine growth: When will we feel the benefits?

Question: Our economic fundamentals showed a lot of improvements lately—credit ratings upgrades, BSP rate cuts, lower inflation rates and stock market all-time highs. But it seems Juan dela Cruz doesn’t feel these improvements yet. The poverty and unemployment rates are … Continue reading

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How much to set aside for your future

Question: How much of my income should I save? How much of my savings should I allocate for retirement, education, emergency funds and other future costs?—Allan Magtoto, corporate employee via e-mail Answer: There are no hard and fast rules when it comes … Continue reading

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Posted in Economy, financial planning, Investment Tips, Money Management, Stewardship | Tagged , , , , , , | 3 Comments

Investing in UITFs

Question: Is it good idea to invest on UITFs? Which bank has competitive rates so far? – Maria Agustin (@pretours) via Twitter Answer: UITFs or Unit Investment Trust Funds are pooled funds offered by the trust department of the major … Continue reading

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Posted in financial planning, Investment Tips | Tagged , , , , | 4 Comments

Books that can help you

Reading up on financial education Question: What are the best books on personal finance that you can recommend? Thank you, sir.—Honney Natividad via Twitter Answer: Best is a relative term and I may not be the right person to give you a … Continue reading

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Posted in financial planning, Investment Tips, Money Management | Tagged , , , , , , , , | 1 Comment

Do we still invest in times like these?

Question: With all the uncertainties in the world economy and markets, is it still wise to make investments in the stock market now?—Kris C. Lim, public relations practitioner Answer: I have been taking note of all the developments worldwide particularly … Continue reading

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Posted in Economy, financial planning, Investment Tips | Tagged , , , | 6 Comments

Why are interest rates so low?

Question: Why are interest rates in the banks so low? Will it go up anytime soon and what are the alternatives so my money can earn better?—Dennis Poliquit, Radio DJ Answer: Dennis, your question is one that you can call … Continue reading

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Why our neighbors are richer than us

Question: Why are the citizens of our Asian neighbors much richer than us Filipinos?—Name withheld by request Answer: This is a question that ‘hits the spot,’ as the saying goes. I just read an article stating that Singapore has the … Continue reading

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Posted in Economy, financial planning | Tagged , , , , | 1 Comment

Is investing in a condo unit a good idea?

MONEY MATTERS Is investing in a condo unit a good idea? By Randell Tiongson Philippine Daily Inquirer First Posted 21:29:00 05/03/2011 Filed Under: Investments, Personal Finance, House-Buying – Selling, Real Estate QUESTION: Is a condo unit a good investment?—Mia Eugenio Marinez via Facebook … Continue reading

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