"Smart Investing For Smart People"
In a report by Reuters, the country’s gross domestic product suffered its biggest slump since 1981 at 16.5% in April and June of this year. Although a lot of government efforts are implemented to alleviate Filipinos from poverty, there is a lot more we can do to prepare for the worst impacts of the economic downturn.
Checkout the following tips so you can protect yourself from the current economic downturn.
Let us set aside money for the moment. I personally believe in taking a holistic approach to investing. Today, we’ll focus on the most important asset of all – YOU – and identify ways grow this asset over time so it pays dividends over and over again.
Here are other things you should be investing as well.
One of the most important questions I got from a client was this: “What happens to my investment when I die?”
Sooner or later, we will all have to ask that question.
It is my hope that by writing this article, you will also come to realize the real role of money in our lives.
To the recent college graduates out there, here are 3 money hacks that you can use to avoid sabotaging your financial success.
Money Hack #1: Learn Basic Arithmetic
Money Hack #2: Avoid Drowing In Bad Debt
Money Hack #3: Look Into the Future
This is something I wish someone has shown me when I started working. If you are a fresh graduate and you just bumped here, please read further.
I am writing this article for two reasons:
(1) To once and for all address the fears of mutual fund investors ( or would-be investors ) who are forever worried about their investments just vanishing into the thin air like what usually happens in Pyramiding Scams or banks that go out of business and;
(2) To elaborate my response to a client’s SMS message sent to me the past weeks, which I quote,
“Sir good morning. Bigla lang pumasok sa isip ko…. Paano kung biglang bumagsak ang FAMI. Ibig sabihin ba nito lost na ang investment namin?”
Such smart question deserves a smart answer!
So please read carefully and may this article help you to increase your Financial IQ.
Hi there. I am your host, Carlos Velasco.
I hate scam.
And I am allergic to hype.
As your FAMI Mutual Fund Advisor,
my goal is to turn you into a
Smart, Confident and Fearless Investor!
