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Bakit Hindi ka dapat magpahiram ng Pera

English Version (Click Here)

“Kaibigan! Pwedeng pahiram ng dalawang libo? ‘Promise’ babayaran kita next week!” Nahihirapan ka bang tumanggi? Hinahayaan mo ba silang abusuhin ka? Hinahayaan mo ba ang mga kakilala mo na manghiram pa ng pera sa iyo kahit alam mo na hindi sila nagbabayad ng utang? Noong kabataan ko, nakita kong naghirap ang aking ina dahil sa mga taong ganoon kaya noong napanood ko ang video ni Chinkee Tan, kinailangan kong magsulat tungkol dito. Huwag mong hayaang abusuhin ng iba ang iyong kagandahang loob.

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Why You should Stop Lending Money

Tagalog Version (Click Here)

“Hey ‘friend,’ can I borrow a couple thousand? I ‘promise’ to pay you back next week.” Do you find it hard to say no? Do you let people abuse you financially? Do you keep letting people borrow money from you even when you know they never pay you back? I’ve had to watch my own mother suffer through that during the early years of my life so when I saw Chinkee Tan’s video, I just HAD to write about it. Never let people take advantage of your kindness.

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Mag-ingat: Investment Advisor Scams

ENGLISH Version (Click Here)

Isang biyernes ng hapon, ipinakita sa akin ng kaibigan ko ang isang investment strategy video.

Sa simula, akala ko ito’y tungkol sa “money cost averaging,” isang epektibong technique na nagpapababa ng risk gamit ang pag-invest ng naka-set na amount ng pera ng paunti-unti. Hindi pala tungkol doon ang video na nakita ko. Gaya ng pagkaganda ng fast-food hamburger sa mga TV commercial kaysa sa totoong produkto, ang investment “system” nila ay nagpapakita ng napakagandang past performance returns (mga 20-30% ang kita). Posible nga ang ganoong kita… kung NAPAKASWERTE ka. Ang mga umaasa na PALAGING makakakuha ng ganoong kita ay mabibigo.

Sa kalagitnaan ng video patuloy ipinakita kung paano gumagana ang “system.” Kinilabutan ako noon. Nanlaki ang mata ko at napapigil hininga ako ng ilang sandali. Para akong nanonood ng commercial na nagpapainom ng pesticide bilang “health” drink.
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Beware: Investment Advisor Scams

Tagalog Version (Click Here)

One Friday afternoon a friend of mine sent me a video link to an investment strategy.

During the first few minutes I thought it was about money cost averaging, a proven technique for minimizing risk by investing a set amount of money over time, but it wasn’t. It was an advertisement. Like how fast-food hamburgers always look better on TV ads, the investment “system” they featured showed VERY high past performance returns (around 20-30% returns). Those returns are possible… if you’re VERY lucky. Those who expect to ALWAYS get those high returns will be disappointed.

As the video continued to how the system works, my eyes grew wide with shock, and I’m pretty sure I stopped breathing for a few moments. It was like watching an advertisement telling people to drink a bottle of pesticide as a “health” drink.
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