Prudent Investor

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Helping people secure their future. Take charge of your hard-earned money and be financially free by making prudent financial decisions.

Finally, PERA law up for implementation 22/07/2016

This is good news!

Finally, PERA law up for implementation Employees may soon see additional deductions on their monthly salaries to be put for retirement after the Bureau of Internal Revenue finally gave the long-delayed go-ahead to a savings program passed in 2008.

Am I Covered? – Deposit Insurance by PDIC 17/07/2016

Read to understand Deposit Insurance by PDIC.

Am I Covered? – Deposit Insurance by PDIC A lot of people would always want to put their money in a savings account or in a time deposit account simply because of this – PDIC (Philippine Deposit Insurance Corporation) covered. But what does this include and exclude and what are the things to remember when it comes to it? Below are the impor...

Thinking of buying a condo for your child? Read this 21/06/2016

“Normally, what the government looks for is, ‘Does the child have the paying capacity? Where did the child get the money?’ If the child didn’t get the money from anyone else, then it’s a donation from the parents, which is taxable,” registered financial planner Atty. Ariel Martinez said on ANC’s “On The Money.”

Thinking of buying a condo for your child? Read this MANILA, Philippines – Buying a property in your child's name is a great idea for a gift, but it may cause a lot of complications involving donor's tax.

How to manage your portfolio’s egg truck problem 10/06/2016

The idea behind diversification is simple. It means you spread your risk across different types of assets, so that a decline in value in any one holding isn’t so bad – because there will likely be other holdings that rise to help balance out the losses.

How to manage your portfolio’s egg truck problem How To Manage Your Portfolios Egg Truck Problem, How to manage risk How to grow your money How to build your wealth How to avoid manage your portfolio

Saving Millions in Bank, How Safe it is? - My Finance MD 01/06/2016

Mario Miranda, SVP and Wealth Management Division Head of BPI Asset Management, when ask in ANC On the Money, Where is the safest place to invest?, he said, “There is no safe investment as far as money is concerned, people think that bank accounts are safe investments. Generally, if you put in money, in time deposit, at best, that will give you 1 or 2% return, inflation is at 3-4%, so, that’s a 100% guarantee you’re gonna lose your money!, so is that risky or safe? For me the way to answer safe investment is, look at inflation, what it is? Then put your money in a portfolio that will yield higher than inflation, that’s the safest one.”

Saving Millions in Bank, How Safe it is? - My Finance MD "Put your money in the bank, it's safe." - Oldies often say. Is that really true nowadays? Can anyone guarantee you that?

6 Essential Skills You Need to Be a Superstar in Sales | jobsDB Philippines 01/06/2016

Sales is a complex profession. In an industry that requires you to grind and hustle and exert tremendous energy on a daily basis, a lack of these essential sales skills will mean losing opportunities.

6 Essential Skills You Need to Be a Superstar in Sales | jobsDB Philippines They say sales is a default occupation. People do not choose to be in sales. They become sales people because: one, they can’t find a job that pays them wh

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The Difference Between Being “Not Wrong” and Being Right 11/04/2016

"But maintaining the status quo and holding onto normal isn’t the same thing as succeeding."

The Difference Between Being “Not Wrong” and Being Right Most people are good at not failing. They’re good at trying new things (when there is very little downside). They’re good at pushing themselves (when no one will see them fail). They’re good at…

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