Thursday, December 15, 2011

P2B Daang Hari-SLEx link

By: ,

The Ayala Corp. has bagged the first public-private partnership project auctioned by the Aquino administration—the P2-billion Daang Hari-South Luzon Expressway link road.
The Ayala group has bagged the P2-billion Daang Hari-South Luzon Expressway link road, the very first infrastructure-building project auctioned by the Aquino administration under the much-awaited public-private partnership (PPP) framework.

After this project, conglomerate Ayala Corp. will study whether to bid for two other toll road projects in the government’s PPP pipeline—the NAIA Expressway and the North Luzon Expressway-South Luzon Expressway connector projects, according to Ayala Corp. managing director Eric Francia.

Through property unit Ayala Land Inc., the conglomerate is also interested in the privatization of the operation and maintenance of the Laguindingan Airport in Cagayan de Oro, Francia said.
“Part of our strategy is venturing into new business areas and we’ve identified power, transport and infrastructure in line with the government’s [plan] to develop infrastructure and push PPP.

 This is really our first step, our foray in transport infrastructure. It’s modest in size but it’s a good entry platform,” Francia said.

Public Works and Highways Secretary Rogelio Singson announced shortly after opening the bids Thursday that Ayala had submitted the winning bid of P902 million for the 4-kilometer toll road, beating the P608-million bid submitted by a rival consortium led by San Miguel Corp.

“We are delighted to have submitted a competitive proposal for the first project under the government’s public-private partnership program.

This is a good initial foray in the transport infrastructure space and we believe this successful experience working within a public-private partnership framework would be helpful in pursuing future projects under the PPP program,” Ayala Corp. president and chief operating officer Fernando Zobel de Ayala said.

“This road project provides significant opportunities for synergies within the Ayala group, especially our real estate group, Ayala Land, as it cuts travel time to our residential and commercial projects in this rapidly growing part of the metropolis,” he added.

The floor price for the project was set at P371 million, representing the amount already spent by the government on the initial work on the toll road covering 2.3 kilometers.

Daang Hari is a major arterial road connecting rapidly growing towns of Imus, DasmariƱas and Bacoor in Cavite to Metro Manila via the SLEx. It will be a new road that will exit South Luzon Expressway near the Susana Heights Interchange and pass through government properties in Muntinlupa, ending at Daang Hari near Verdana Homes in Imus, Cavite.

 This road provides strategic access to Cavite, much-needed relief to traffic in the congested Alabang-Zapote Road and Commerce Avenue.

Singson said the Daang Hari-SLEx Link Road Project was a “strategic component” of the Metro Manila Urban Expressway Network Master Plan, which intends to provide a high-standard highway within a 200-kilometer radius of Metro Manila.

He expected the Daang Hari construction to start by February 2012 for segment 1 and September 2012 for segment 2. The project will be implemented following the Build-Transfer-Operate (BTO) arrangement for a period of 30 years.
The starting toll rate for the project at the opening year is P17 for class 1 vehicles, P34 for class 2 vehicles and P51 for class 3 vehicles, all inclusive of the value-added tax.

The DPHW is expected to formally award the concession to Ayala on December 22. It is also expected to complete all right-of-way requirements within six months of signing of the concession agreement.
The Ayala conglomerate is getting into this project in partnership with Getinsa, a Spanish engineering company with deep expertise in infrastructure project globally. It expects to begin the detailed design stage, which will be completed in four months.


Sunday, November 27, 2011

Kerygma Conference 2011



    This is the best time for you to serve God! Speaker: Raoul Roncal, master storyteller evangelist, servants of the word


    Finding your life partner.
    Speaker: Rissa Singson-Kawpeng, editor in chief, Shepherd’s Voice Publications author, confessions of an impatient bride Speaker: George Gabriel, Kerygma preacher and author, love life feast builder, Bonifacio Global City


    Purity in dating.Speaker:Maribel & Allan Dionisio, relationship expert founders of the LOVE institute


    Glorifying God in your profession.Speaker:Randy Borromeo, Operations Head and Vice President, Shepherd’s Voice Radio & TV Foundation, senior feast builder, Makati

        KCON PHOTOS: Photo credits to Jastine Reyes
        Ryzzla, Jastine, and Me

        Jam. Me, Jastine and Ryzzla


        Kerygma Feast Builders

        Sunday, November 20, 2011

        Managing Christmas Expenses

        Today was exactly 34 days before christmas and I saw this very timeley video of one of my favorite personal finance blogger Ms. Salve Duplito of in ANC Shop Talk.  The episode tacles about how to manage your chistmas expenses.

        I'm an avid follower of  her blog Moneysmart in until it was signed off.

        What to do with your christmas bonus?


        It's good for the economy buy on if:
        • You are not in debt
        • Your emergency fund is sufficient or fat enough
        • Your savings is in good Health
        • Your investments are not losing
        • You're fully covered against risk
        2. Use it to give yourself a unique gift, a debt-free chrismtmas

        3. Fatten up your emergency fund

        4. Buy some mutual fund /UITF Share
        5. Get your feet we in the stock market

        6. Set up an "Antartica Fund"

        7. Start an Education Fund

        8.Support an advocacy

        Tips on Managing Chrismas Bonus

        1.Shop Early - But know how to manage inventory and store the items well. and be sure not to
        "Dip your hands in the cookie jar"
        2. Know where to shop

        3.Keep track of the hidden cost of Christmas like packaging.gas, time etc.

        4. Evaluate yourself after the christmas holidays. Take a pen and paperand write down how much you have overspent (or how good you are at keeping within the budge and why. Analyze!)
        4.Trim the gift list. Don't let the commercialism win!

        5.Do not Buy Happiness, Make Happiness!

        Enjoy watching the video!

        Top 10 Lottery Horror Stories

        Not very many people win the lottery, but of those who win, many lose all their winnings and end up with less money than before they won. Some winners were simply foolish, some were greedy, some had greedy relatives and friends, and some fell prey to thieves and crooks. Here are the stories of 10 people who won the lottery then lost it all.

        1. Evelyn Adams
        In 1985 AND 1986, Evelyn Adams won the lottery - equaling a total winning of $5.4 million. However, today - she has no money "Winning the lottery isn't always what it's cracked up to be," says Evelyn Adams, who won the New Jersey lottery not just once, but twice (1985, 1986), to the tune of $5.4 million. Today the money is all gone and Adams lives in a trailer. She lost money in slot machines, and couldn't seem to say no to relatives and friends. Evelyn's big win ended in a big loss.

        William Post
        In 1988, William Post won $16.2 million in the Pennsylvania lottery but now lives on his Social Security. Post's former girlfriend sued him for a share of his winnings and one of his brothers was arrested for hiring a hit man to kill him, hoping to inherit a share of the winnings. His relationship with his other siblings was also strained and he spent some time in jail. Within a year, he was $1 million in debt and eventually declared bankruptcy. He now lives on only $450 a month and food stamps.

        Suzanne Mullins
        In 1993, Suzanne Mullins won $4.2 million in the Virginia lottery. Now she's deeply in debt to a company that lent her money using the winnings as collateral. She borrowed $197,746.15 from this company, but eventually stopped making payments on the loan. She blamed the debt on the lengthy illness of her uninsured son-in-law, who needed $1 million for medical bills. Needless to say, her lottery win did not end in happiness.

        Ken Proxmire
        Ken Proxmire won $1 million in the Michigan lottery. Within 5 years he filed for bankruptcy after moving to California and starting a car business with his brothers. He has now returned to his job as a machinist.

        Willie Hurt
        In 1989, Willie Hurt of Lansing, Mich., won $3.1 million. Only two years later he was broke and charged with murder after spending his fortune on a divorce and crack cocaine.

         Janite Lee
        In 1993, Janite lee of Missouri won $18 million. Lee was generous to a variety of causes, including various political organizations, education programs and the community services. According to published reports, eight years after winning, Lee had filed for bankruptcy with only $700 left.

         Southeastern Family
        In the early 1990s, a Southeastern family won $4.2 million. In almost no time at almost all of their winnings were spent on a huge house, cars, and various requests from family members. They bought a huge house and succumbed to repeated family requests for help in paying off debts. Eleven years after winning, the couple got divorced, the house was sold and what was left of their lottery winnings had to be split.

        Kenneth and Connie Parker
        Kenneth and Connie Parker won a $25 million jackpot and quickly watched their 16-year marriage disintegrate just months after they became rich beyond their wildest dreams.

         Jeffrey Dampier
        Jeffrey Dampier won a $20 million jackpot and was then kidnapped and murdered by his own sister-in-law who hoped to inherit the winnings.

         Jack Whittaker
        On Christmas morning 2002, Jack Whittaker found out he had won the Powerball lottery jackpot - $315 million - the largest individual payout in US lottery history. Though he began with intentions to do good with his winnings, his world quickly fell apart with the death of his granddaughter Brandi from a drug overdose which was funded by her allowance from Whittaker and the breakup of his marriage. Whittaker did give money to churches and to people who were in need but was soon bombarded with lawsuits, thievery and greed. He turned to drinking as he watched what he called the "powerball curse" destroy his life.
        These 10 stories are evidence that winning the lottery isn't always what it's cracked up to be. If you win the lottery, make sure to get a financial advisor and be smart about your winnings. Winning the lottery can be exciting and fun and can change your life for the better, as long as you handle it well!

        Anthony Wayne works in the marketing department of online lottery site LuckyLotto in Pennsylvania. He is also editor of the Internet Bingo Blog a great source of internet bingo information.

        According toBo Sanchez 's Book (8 secrets of the trully rich), we have different levels of psychological wallet. Some people are not prepared to handle huge sums of money, they are not comfortable with an income that’s so much more than their psychological wallet can take.

        What happened if they received a large amount of money instantly? They will go shopping spree, buy a  new car or a big house without knowing that they were losing it all.

        They  instantly  got the money so they don't feel the pain of pulling it in their wallet and spend it like there is no tomorrow.

        It is much better if you earn your wealth progressively so that you will learn every steps on how to accumulate wealth. For the very simple reason, the process of building wealth is much important than the result. Manny  millionaires go bancrupt but  they can easily regain their wealth again and again because they knew the process of accumulating wealth. Winning the lottery instant jockpot is like putting a newbie boxer in the ring for main event match with the boxing champ Manny Pacquiao.

        I'm not saying that all of these disasters will happen to all lottery winners. Maybe, If the lottery winners knew how to manage money or improve their financial IQ,  financial disasters like what the author metioned above can be avoided.

        Just because I am sitting on a large sum of money doesn't make me rich. What you know is more important than what you have. What in your head is something no one can take away from you. Even if you lose everything as far as material goods, you can start again with the experience and wisdom.That can guide you to sucess again. - Robert Kiyosaki

        Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much. Luke 16:10

        Sunday, November 13, 2011

        How many verses are there in the Bible about money?

        Money is mentioned 140 times in the King James Version of the Bible. If we include the words gold, silver, wealth, riches, inheritance, debt, poverty, and related topics, it turns out that the Bible pays a great deal of attention to financial matters -- more than nearly any other subject.
        The word "money" in the Bible refers to gold and silver, the two forms of currency used in that part of the world during Biblical times. Looking at the King James Version, the book also specifically mentions gold 417 times and silver 320 times.

        Gold is referenced more often in the Bible than any other metal. It is mentioned already in the story of Adam and Eve in the second book of Genesis, verses 11-12, speaking of the land of Havilah "where there is gold; and the gold of that land is good. "Silver first appears in Genesis 13:2, telling of Abram's "riches of cattle, silver, and gold."


        Wealth in Wisdom and Knowledge

        Proverbs 2:3-4
        Cry out for insight, and ask for understanding. Search for them as you would for silver; seek them like hidden treasures.
        Proverbs 3:13, 14Joyful is the person who finds wisdom, the one who gains understanding. For wisdom is more profitable than silver, and her wages are better than gold.
        Proverbs 8:10, 11Choose my instruction rather than silver, and knowledge rather than pure gold. For wisdom is far more valuable than rubies. Nothing you desire can compare with it.
        Proverbs 9:10Fear of the Lord is the foundation of wisdom. Knowledge of the Holy One results in good judgment.
        Proverbs 15:16Better to have little, with fear for the Lord, than to have great treasure and inner turmoil.
        Proverbs 16:8Better to have little, with godliness, than to be rich and dishonest.
        Proverbs 16:16How much better to get wisdom than gold, and good judgment than silver!
        Proverbs 17:16It is senseless to pay tuition to educate a fool, since he has no heart for learning.
        Proverbs 20:15Wise words are more valuable than much gold and many rubies

        Hard Work

        Proverbs 6:6-8
        Take a lesson from the ants, you lazybones. Learn from their ways and become wise! Though they have no prince or governor or ruler to make them work, they labor hard all summer, gathering food for the winter.
        Proverbs 6:10, 11
        A little extra sleep, a little more slumber, a little folding of the hands to rest—then poverty will pounce on you like a bandit; scarcity will attack you like an armed robber.
        Proverbs 10:4Lazy people are soon poor; hard workers get rich.
        Proverbs 10:5A wise youth harvests in the summer, but one who sleeps during harvest is a disgrace.
        Proverbs 12:11A hard worker has plenty of food, but a person who chases fantasies has no sense.
        Proverbs 13:4Lazy people want much but get little, but those who work hard will prosper.
        Proverbs 13:11Wealth from get-rich-quick schemes quickly disappears; wealth from hard work grows over time.
        Proverbs 14:23Work brings profit, but mere talk leads to poverty!
        Proverbs 20:13If you love sleep, you will end in poverty. Keep your eyes open, and there will be plenty to eat!
        Proverbs 21:5Good planning and hard work lead to prosperity, but hasty shortcuts lead to poverty.
        Proverbs 24:33, 34A little extra sleep, a little more slumber, a little folding of the hands to rest—then poverty will pounce on you like a bandit; scarcity will attack you like an armed robber.
        Proverbs 28:19A hard worker has plenty of food, but a person who chases fantasies ends up in poverty.

        Rich and Poor

        Proverbs 10:15The wealth of the rich is their fortress; the poverty of the poor is their destruction.
        Proverbs 13:7Some who are poor pretend to be rich; others who are rich pretend to be poor.
        Proverbs 13:8The rich can pay a ransom for their lives, but the poor won’t even get threatened.
        Proverbs 13:23A poor person’s farm may produce much food, but injustice sweeps it all away.
        Proverbs 14:20The poor are despised even by their neighbors, while the rich have many “friends.”
        Proverbs 17:5Those who mock the poor insult their Maker; those who rejoice at the misfortune of others will be punished.
        Proverbs 18:11The rich think of their wealth as a strong defense; they imagine it to be a high wall of safety.
        Proverbs 18:23The poor plead for mercy; the rich answer with insults.
        Proverbs 19:7The relatives of the poor despise them; how much more will their friends avoid them! Though the poor plead with them, their friends are gone.
        Proverbs 21:17Those who love pleasure become poor; those who love wine and luxury will never be rich.
        Proverbs 22:2The rich and poor have this in common: The Lord made them both.
        Proverbs 28:3A poor person who oppresses the poor is like a pounding rain that destroys the crops.
        Proverbs 28:6Better to be poor and honest than to be dishonest and rich.
        Proverbs 28:11Rich people may think they are wise, but a poor person with discernment can see right through them.


        Proverbs 1:19
        Such is the fate of all who are greedy for money; it robs them of life.
        Proverbs 15:27Greed brings grief to the whole family, but those who hate bribes will live.
        Proverbs 22:16A person who gets ahead by oppressing the poor or by showering gifts on the rich will end in poverty.
        Proverbs 22:22-23Don’t rob the poor just because you can, or exploit the needy in court. For the Lord is their defender.  He will ruin anyone who ruins them.
        Proverbs 23:4Don’t wear yourself out trying to get rich. Be wise enough to know when to quit.
        Proverbs 28:8Income from charging high interest rates will end up in the pocket of someone who is kind to the poor.
        Proverbs 28:20The trustworthy person will get a rich reward, but a person who wants quick riches will get into trouble.
        Proverbs 28:22Greedy people try to get rich quick but don’t realize they’re headed for poverty.
        Proverbs 28:25Greed causes fighting; trusting the Lord leads to prosperity

        Sunday, November 6, 2011

        Effective Money Management System

        Do you know where your money goes? If not, try this two money management system
        by  Dave Ramsey and Harv Ecker.

        Dave Ramsey's Envelope System

        1. Budget each paycheck. Budget is a dirty word to most people, but you must budget down to the last dime if you're going to successfully implement the envelope system.
        2. Divide and conquer. Of course, there will be budget items that you cannot include in your envelope system, like bills paid by check or automatic withdraw. However, you can create categories like food, gas, clothing and entertainment.
        3. Fill 'er Up. After you've categorized your cash expenses, fill each envelope with the money allotted for it in your budget. For example, if you allow $100 for clothing, put $100 in cash in your clothing envelope for the month.
        4. When it's gone, it's gone. Once you've spent all the money in a given envelope, you're done spending for that category. If you go on a shopping spree and spend the $100 in your clothing envelope, you can't spend any more on clothes until you budget for that category again. That means no visits to the ATM to withdraw more money!
        5. Don't be tempted. While debit cards can't get you directly into debt, if used carelessly, they can cause you to over-spend. There's something psychological about spending cash that hurts more than swiping a piece of plastic. If spending cash whenever possible can become a habit, you'll be less likely to over-spend or buy on impulse.
        6. Give it time. It will take a few months to perfect your envelope system. Don't give up after a month or two if it's not clicking. You'll get the hang of it and see how beneficial the envelope system is as you dump debt, build wealth, and achieve financial peace! See ... simple!
        1. Financial freedom account (FFA): This jar if for your financial freedom. Each month put 10% of your income in this jar. Money you put in this jar can be used to invest, start a business, create a passive income streams etc.
        2. Necessities (NEC): Put 55% of your income in this jar for your necessities. It's for things like paying bills, food, necessary clothing etc.
        3. Long term saving for spending (LTSS): Put 10% in this jar. You may have more than one LTSS jar. It's for things like a plasma TV, your family vacation, contingency fund, your children's education etc. If you have more than one LTSS, divide the 10% between the jars according to your priority.
        4. Education (EDU): 10% that goes in this jar if for your own education. It could be used to attend seminars, buy books etc. Basically, it's for your continual education and learning.
        5. Play: Allocate 10% of your income for you to have fun guilt-free. Use it to go to a fancy restaurant you've been eyeing, or a massage at a spa. Just do something fun. Let your inner child play.
        6. Giving (GIV): Allocate 5% of your income to give to charity. If you want to allocate 10% for giving, take 5% off your NEC jar.

        RFP Money Talks Episode 2 ( Pooled Funds with Mr. Efren Cruz)

        Two of the most influencial person of personal finance, Mr. Randell Mr. Efren Cruz talk about pooled funds.

        PART I

        PART II
        PART III

        Friday, November 4, 2011

        What Should I do to Marry A Rich Guy?

        I saw this article in my friend's FB post and I want it to share it with you.
        What Should I do to Marry A Rich Guy?

        I'm going to be honest of what I'm going to say here. I'm 25 this year. I'm very pretty, have style 'n good taste. I wish to marry a guy with $500k annual salary or above.

        You might say that I'm greedy, but an annual salary of $1M is considered only as middle class in New York.

        My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married?

        I wanted to ask: what should I do to marry rich persons like you?

        Among those I've dated, the richest is $250k annual income,'n it seems that this is my upper limit.

        If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.

        I'm here humbly to ask a few questions:
        1) Where do most rich bachelors hang out? (Please list down the names 'n addresses of bars, restaurant, gym)
        2) Which age group should I target?
        3) Why most wives of the riches are only average-looking? I've met a few girls who don't have looks 'n are not interesting, but they are able to marry rich guys.
        4) How do you decide who can be your wife, 'n who can only be your girlfriend? (my target now is to get married)

        "A Reply From CEO of J.P. Morgan To A Pretty Girl Seeking A Rich Husband".

        Ms. Pretty

        A Philosophical reply from CEO of J.P. Morgan:

        Dear Ms. Pretty,
        I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.

        My annual income is more than $500k, which meets your requirement, so I hope
        everyone believes that I'm not wasting time here.

        From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.

        Put the details aside, what you're trying to do is an exchange of "beauty" 'n "money" : Person A provides beauty,'n Person B pays for it, fair 'n square.

        However, there's a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can't be prettier year after year.

        Hence from the viewpoint of economics, I am an appreciation asset, 'n you are a depreciation asset. It's not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.

        By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position".
        If the trade value dropped we will sell it 'n it is not a good idea to keep it for long term - same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or "leased".

        Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. 'n by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.

        Hope this reply helps. If you are interested in "leasing" services, do contact me.

        J.P. Morgan CEO...

        Monday, October 24, 2011

        How do I start investing?

        Passbook Savings Account
        A fixed interest-bearing savings account which enables client to deposit/withdraw through passbook. Withdrawals allowed via ATM for personal accounts.

        It was December of year 1999 when my brother send me a hundred dollars as a christmas gift. I was very overwhelmed and I do not know what will I do in the money. As much as I remember, It was five thousand pesos that time.  I tought of buying a playstation, mountain bike and laptop but my mother gave me very brilliant piece of advice.

        She said  that " If you want buy all your wants, you must learn to save money first". So, I decided  to put my  money in the bank. My mom accompany me in the nearby branch of BPI and  taught me how to open a savings account. That was my very first savings transaction in the bank.

        Peso Term Account (Time Deposit)
        A Peso term account that earns higher interest than regular savings account. This is payable at a specified future date and is evidenced by a certificate

        A few years later, I had my first job and started to receive a monthly paycheck. Every month, I transfer 50% of my salary from my payroll account to savings account. Upon reaching  my first Php 50,000 worth of savings, my mom suggested that I should transfer it to a higher yield account which is Time Deposit. The bank gave me a 6% interest per annum.

         Cooperative is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services and accepting a fair share of risks and benefits of the undertaking in accordance with the universally accepted cooperative principles.

        I joined Stradcom Employee Multi-purpose  Cooperative (SEMPC). A employee cooperative in Stradcom Corp that generate profits through employee loans, ink refilling business and food cart in our cafeteria. It was a very sound investment for stradcom employees. I got 100% return of investment in the span of 1 year. SEMPC can even give their members a high dividend that was 50% of member's shares on a semi annual basis.

        Unit Investment Trust Fund (UITF) is an open-ended pooled trust fund denominated in pesos or any acceptable currency, which is operated and administered by a trust entity and made available by participation. Each UITF product is governed by a Declaration of Trust (or Plan Rules) which contains the investment objectives of UITF as well as the mechanics for investing, operating and administering the fund.

        August 2006, I just finished my contract in my first job and I decided to move in my current company. My income increases but I didn't change my life style.  I knew that I must do something to my excess cashflow
        to make it grow. 

        I became interested in personal finance,  I began reading blogs, books and forums about investing. One day, I went to the bookstore and I found a very interesting book entitled Wealth within your reach, Pera mo palaguin mo by Francis Colayco. It was a very practical personal finance book that suits the filipino setting. I  learned and became more familiar to different investment vehicle available here in the Philippines.

        So, I decided to go out in my comfort zone and started to take some risk in UITF Investments. I've tried all the kinds of funds to know what really works for me.

        1. BPI Premium Bond Fund Primarily invests in high-grade government securities, commercial papers, bonds, and other fixed-income investment instruments. Higher returns are gained than conservative investments because there is a steady flow of interest income from investments and compounding as a result of reinvestment.

        2. BPI Equity Fund  Ideal for people who wants to invest in the Philippine Stock Market but do not have the time nor the expertise to directly select, monitor, and manage their own stock investments. It primarily invests in equities listed on the Philippine Stock Exchange and some marketable government securities for liquidity

        3. BDO Balanced Fund. aims to provide capital appreciation over the medium term by investing in equities and in fixed income securities.

        After a few months, I sold  my BPI Equity Fund and BPI Premium Bond Fund and made 15% profit.

        Mutual Fund
        An investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
        One day, an insurance agent went to our office and discussed  insurance and retirement planning. But, I am not interested in having insurance yet because  first of all, I am still in my mid 20s and I'm not a bread winner.
        So he offered me their investment product which is Mutual Fund.

        The Phiilippine stock market index was  around 4,800  that time. It was August 2008 when the index was at its peak. Not knowing that the market goes up  just because the US federal reseves were cutting rates for a temporary solution to boost the market.

        After bagging nice profits from my UITF investment, I became more aggresive and  more focus on
        Investment returns. I neglected the risk and I cannot control my greediness that's why I choose to invest in
        Equity Funds.

        Sunlife Equity Fund The Equity Fund is designed to generate long-term capital appreciation by investing in high-quality equities diversified across sectors.

        Obviously, I've just bought a high priced share.
        Two months later, the market started to crash.My porfolio went down to 12% unrealized loss or paper loss. It was a very humbling and character building experience for me. I endured the emotional effect of economic woes, tested my patience, and improved my risk tolerance.

        During the crisis I became familiar of  the following words:

        Recession, Federal Reserve, Lehman Brothers ,Sideways ,Wallstreet,Ben Bernanke,Subprime mortgage crisis,Bailout, Economic Stimulus, Paper Loss

        Lesson Learned:
        • The Higher the Risk, The Higher the Return
        •  You have not lost money on it until you sell it.  Similarly, you don't make money on your investments, unless you sell it and cash out.
        • Do not forget to do your homework. research, watch the news about current events.
        • What goes down must come up
        • Invest at your own risk
        • Be greedy when others are fearful and fearful when others are greedy
        I hold my Sunlife Equity for three years and last year, I decided to redeem my funds and made 14% profit.

        Stockmarket Investment
        Stocks are shares of ownership in a corporation. When you become a stockholder or shareholder of a company, you become part-owner of that company.

        Last january, I attended the seminar of citiseconline
        entitled "Investing in the Stock Market Today".

        I learned alot from our speaker, Mr. Juanis Barredo. He discussed about how does stock market works, business life cycle, factors that affect the market, and basic valuation of stocks.

        A week after the seminar, I went back to their office and filled up my registration. I've got my COL account the day after.

        Using my elementary knowledge in fundamental analysis and stock valuation, I picked my first stock position
        which is JFC (Jollibee Food Corporation).

        Why did I choose JFC?
        1.  I learned at the seminar that you must not touch what you do not know.
        2.  JFC were already in the business for how many years and I believed that it will stay and count more decades in the market
        3.  The company aquire and build food chains that caters different kinds of markets.
        4.  It is one of the recommended company of COL in their easy investment program.