Pesos And Sense Seminar On April 28, 2012

Tweet

Do you still watch Aya Laraya's show on GMA7?

Pesos And Sense will have its own seminar series of which the first one is slated on April 28, 2012 Saturday 2 - 5 pm at Tektite Ortigas.  And guess what you can kick start your journey to financial freedom for only 495 pesos.

Limited slots available. 

To make reservations call or email the number above or click here to reserve your slot.

To learn more about Pesos and Sense check out their official website www.pesosandsense.com

One reason why Pinoys don’t invest in the stock market

Tweet

source: http://pozytek.ngo.pl

There was a survey made about how many Americans invest in the stock market and it was said that it is at 54% and this was the lowest reported number since the financial crisis we are in today (click here to read post in huffingtonpost.com) While that number is considered low in the USA that is already huge in the Philippines. As per PSE's estimates only 1% of the Philippine population invest in the stock market.

No wonder lots of big listed corporations are owned by foreigners because that number.

That is why I came up with the idea why Pinoys don’t invest in the stock market (again this is just my idea if you agree leave a "yeah" in my comment box and if not we are more than willing to read your opinion also in the comment box). With our long history of colonialism, it seems that we develop this mentality of limited resources or scarcity. Since we think this is all that we have, we tend to instead of use such to gain more we hold on it tight and don’t use it well.

Also with that, since we think we are limited every time there is a chance of extra we tend to spend it so that at least we have a taste of the things that we don’t usually have. For example, you are a regular 8-5 employee with a salary of 10,000.00 pesos a month. When you get half of that in your "kinsenas"(salary is usually paid every 15th and 30th of the month) you first make sure to buy your groceries, then pay your rent, then allocate some for your fare and whatever is left is free to spend like watching movies or eating at Max's Restaurant. That is a typical Pinoy employee. But when your employer suddenly announces a bonus of course your mind starts to plan where will you spend that bonus. The typical Pinoy employee will usually plan a Boracay or Baguio trip.

Since we think we are limited we first make sure our daily living is taken cared of thus we buy groceries and the stuff but not save. In addition, when we have a chance to have extra instead of saving it we would love to spend it in your dream getaway.

If you have followed the manga or anime Fullmetal Alchemist, you might have encountered the famous basis of the story: Equivalent Exchange.

I have discussed this topic in my previous post (click here if you haven't read that post). The law of Equivalent Exchange means when you want to get something there should be an equal value, item, or sacrifice that you should give in exchange for such.(Sorry if I use a manga ideology but this is so real in real life). 

Since Pinoys have this mentality of scarcity we are afraid to make an "Exchange" because we know that in order to have something that we don’t have we need to exchange it with something that we already have and that scares as the most.

The stock market is risky specially now but you are not looking at the other side of the story. It is scary for those who bought the stocks at a high price but what if you are on the buying side now. Isn't it you are buying things at a bargain? Yes, the market is still at a bargain and yet you don’t want to part with your savings because you think deserve a getaway in Bora.

Besides the stock market, you have other choices to put those small savings. You can start a mobile  loading service (its mobile because it’s your phone and your business is where you are). Alternatively, probably you can join a onetime bazaar selling some stuff, or maybe you can even setup an online store where you can ship goods within Metro Manila for free (but actually shipping is included in your pricing) and shipping for outside Metro Manila will be at buyer's expense.

Yes I believe that is one of the reason why the simple Juan or Maria are afraid to invest in either stock, small business, or even an online business because they don’t want to lose the small savings that they have but are ready to spend  an extra money to something they have been wishing for.

PS. ARE YOU INTERESTED IN ONLINE BUSINESS?

Why don't you attend the Paypal 101 Seminar

  

Click http://www.sendmaillogistic.com/ for more info.

First Metro Securities Free Seminar on Stock investing

Tweet

source: www.firstmetrosec.com.ph

I know you already noticed I have been posting and promoting seminars(I am not paid to promote these seminars) because I believed learning the Stock Market from the experts themselves will give you a better understanding of the "hows" and "whys" of the stock market.

Below is a screenshot of First Metro Sec's seminar this coming October at their PS Bank office in Paseo de Roxas in Makati City. If you are free on the afternoon of October 6, 20, and 26 why not attend these free seminars and know if you can invest and earn money in the stock market. Seminar only last for 1.5 hours.

source: www.firstmetrosec.com.ph

View Larger Map

Want to change your financial status?

Tweet

I got this seminar in my beloved Krissy's blog moneylifeblood if interested you can follow the instructions and reserved your seats for the seminar. I heard seats are running out already so if you want to make a change in your life attend this seminar. Put Kris Diane Domingo as the referrer.

Your Last Chance in 2011 to Secure Your Future

Sharing with you email from Personal Finance Advisers (Sir Efren used to work in Standard Chartered Bank where he was the Head of Wealth Management. He's a fun cool guy listeners to his seminar would greatly enjoy the experience).

Secure your future!

Sign up for the

EnRich

personal finance training program. 

Your appointment is on Oct. 27, 2011.

First Metro Capital Markets Seminar July 20, 2011

Tweet

The first round of the seminar is already finished but you can catch up on the second series on July 20 which is today.

Hope you can catch up!!!

CitisecOnline 2011 Mid-Year Briefing on August 1, 2011

Tweet

Are you in the Philippines? Attend the CitisecOnline Mid-year Briefing titled "Second Half is Looking Better"

With the recent action of mining stocks, surge of PWR(East Asia Power Resources), the new trading rules and system, and the upcoming ASEAN Exchange the PSEi might reach the 5,000 level this second half.

So if you have nothing to do after work on August 1 please signup for the event and take a peek at what is expected for the next half of 2011.

Click here to REGISTER online.