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Home » Wealth and Finance » Page 16

How to Get a Home Loan If You Are a First Time Buyer

November 7, 2018 by Contributor Leave a Comment

How to Get a Home Loan If You Are a First Time Buyer Guest Post

*Article contributed by Sasha Belopoljanski.

Buying your first home is a momentous occasion. After all, having a place that you can call your own is one of life’s greatest achievements. But it’s not something that happens overnight and with little in the way of effort. With the real estate market approaching pre-recession highs, it can be tough to purchase a home without taking a substantial loan to help cover the costs.

First-time buyers in particular may find the act of navigating the various home loan options out there quite challenging. So let’s take a closer look at the three most common loan types and see which one fits best for your situation:

[Read more…]

Investing for Filipinos: Investment Options Beyond Stocks

November 6, 2018 by Contributor Leave a Comment

Investing for Filipinos Investment Options Beyond Stocks guest post

*Post contributed by Jason Garcia.

Only around 8 percent of Filipinos have investments in assets like stocks, bonds, and mutual funds. Although volatile, stock investment has proven to be a good instrument for building wealth. Other investment vehicles like mutual funds and VULs have made investing more accessible even for Filipinos who have little knowledge about the security markets. So what’s keeping many Filipinos from investing? One factor is that the complexity of investing is putting them off. There’s also the fear of losing money. After all, investments like stocks do come with risks. But investing is actually not as complicated as you think. And there are investment options that are safer than stocks. Several Philippine investments have also made the process easier. Read on to learn more.

[Read more…]

Trading Basics: Stock and Forex Trading Terms for New Investors

November 1, 2018 by Ray L. 1 Comment

Trading Basics Stock and Forex Trading Terms for New Investors Your Wealthy Mind
Tagalog Version (Click Here)

In a previous article about how to start an online investment account, I mentioned that lots of people in the Philippines have become more interested in saving and investing. Unfortunately, the world of investing has many complicated words and terms that people don’t normally use and they tend to scare off a lot of newbies. A lot of people likely give up once they come across sentences and phrases that they don’t understand, and because of that they lose an excellent opportunity to learn how to improve their financial life.

That is the reason why I created this short guide. Here are a few stock and forex trading terms that newbies should learn!

*By the way, “forex” means foreign exchange and it refers to trading currencies.

[Read more…]

[Guest Post] How To Save At Home With Life Hacks

October 24, 2018 by Contributor Leave a Comment

How To Save At Home With Life Hacks guest post

A common notion that many people hold is the idea that for the important things in life, effort needs to be put forth to achieve one’s goals. While this is an honorable belief to hold, in reality sometimes finding the easy way out isn’t always a bad thing. Especially when it comes to money, the less effort you have to put forth in order to get more, the better it is. It is this way of thinking that has led countless individuals on a journey of finding simple hacks to save big bucks. Though hacks can be use in a number of places, one of the simplest and most beneficial is our own homes. To start saving money without feeling you’re doing anything outside of the norm, here are some easy hacks to start using.

 

Using Fans

During the warmer months, the annual struggle with managing the heat within our homes begins. And as we work to ensure things are at a comfortable temperature, we often end up needlessly costing ourselves as the measures we take to cool things off such as using the air conditioning can quickly add up. A better alternative would be to utilize the fans in your home, which are just as effective for far less money. The hack comes into play during the winter months in which fans can still be used to regulate the temperature in your home. During these times, set your fan to run clockwise, the opposite direction of the standard setting. This actually pulls the warm air that rises back down, which helps improve the overall feel of the room and acts as one of the easier ways to conserve energy in your home.

[Read more…]

Tips on How to Start an Online Investment Account

October 23, 2018 by Ray L. 2 Comments

Tips on How to Start an Online Investment Account Your Wealthy Mind
Tagalog Version (Click Here)

In the past few years, a lot of Filipinos are becoming more and more interested in saving and investing money and I’ve also noticed more and more Filipino personal finance and investing books popping up at the local bookstore. Just last week my OFW (Overseas Filipino Worker) uncle who lives in America came over to visit and he told me he was going to start an investment account on a popular Philippine online stock broker. He had a lot of questions, and I was happy to answer him and teach the basics.

Read more here:

  • What are the Different Kinds of Stocks?
  • 5 Tips for Understanding the Stock Market
  • Choosing the Best Stocks: 10 Investing Terms you HAVE to Learn

While talking to my uncle, I remembered that while he is comfortable with online registration and all that, a lot of older Filipinos aren’t really tech savvy and could fall prey to online scams. Here are some tips for you if you’re thinking of registering for an online investment or brokerage account.

[Read more…]

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