IMG Truly Rich Makers - Olongapo

Slowly but surely. TRACK, ADJUST, TEST, and AUTO SAVE Income - Savings = Expenses I believe that most of us had already seen this equation and would agree that this is the right way of saving for our future. But sometimes it's really hard for us to know how much we can actually save from our income. So let me share an idea. First TRACK your expenses for the past month. It is important for us to have a visual illustration of what we have spent. This will give us an idea on where we are overspending and what areas we can actually spend less on. ADJUST - It's time to make a BUDGET. Look in to the expenses that you can actually adjust and set a limit. Start first with your discretionary expenses or the expenses that you have the choice to decrease or not spend on. If you have debts, then maybe you can also increase payment for that part. By doing this, you will be able to come up with your target savings. But wait! Do not set aside yet your target savings this coming "sweldo...

Everything you need to know on how to invest in mutual funds in the Philippines and making money and making millions from it are shared in this special page. I consider this as Mutual Funds 101 too as I shared so many tips and important concepts about this kind of wealth building. So if you are a beginner, you’ll surely learn from this thread. What is mutual fund? Why rich and smart people have mutual funds and why you too should open one? What’s the difference between mutual fund and UITF? How much money you need to start opening a mutual fund? What are the best mutual fund companies to invest with? Is your fund insured in the PDIC just like savings account? Those are just some of the questions we are going to answer here so read on. What you need before investing in a Mutual Fund Knowledge – you’re lucky because you learn the basic knowledge and concept of Mutual Fund 101 here aside from getting to know your Fund so continue reading. Time – every investor must have his/her target tim...

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Are you an OFW who wants to take part in our growing economy and maximize the potential of your hard-earned money? Invest with PhilEquity. OFWs can find this advantageous as they can open an account even if they are overseas. No need to be physically present in the Philippines and apply personally like what other MF companies require. What is PhilEquity ? Philequity Management, Inc. (PEMI) is an investment management company established in 1994. They are committed to helping you achieve your long-term financial objectives by offering an array of mutual funds suited to your unique needs. What is a Mutual Fund ? An investment vehicle that is made up of a pool of funds collected from many investorsfor the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. What are the Types of Mutual Funds ? Money Market Funds – This is ideal for investors looking to utilize their surplus funds in short term instruments while awaiting better options. Th...

What are pooled funds? They are investment vehicles that offer a higher rate of return compared to bank deposits but not without risk. They are measured in terms of net asset value per unit (NAVPU) or net asset value per share (NAVPS). There are two kinds of pooled funds here in the Philippines –unit investment trust funds (UITF) and mutual fund. UITF versus Mutual Fund The major difference is that UITF is a bank product managed by the treasury department. Unlike in mutual fund where you buy shares, you buy investment units in UITF. Therefore you do not have shareholders right when investing in the latter. Although UITF is a bank product, it is not covered by Philippine Deposit Insurance Corporation (PDIC). This means investors bear the risk of losing their money. Additionally, UITF is not governed by any specific law but since they are offered by the banks, they are still under Philippine banking laws regulated by the Banko Sentral ng Pilipinas (BSP). On the other hand, mutual funds ...

Be part of Bro. Bo Sanchez's Truly Rich Makers Team - IMG (International Marketing Group) and know the solutions to your personal financial challenges. Seminars like these can range from several hundred to several thousand pesos, but we do this as an ADVOCACY to promote financial literacy that's why we are doing the presentation for FREE. We coach you to become your own financial advisers by learning how to manage your finances, get out of debts, and invest your money safely and correctly! Olongapo City / Subic / Zambales FINANCIAL COACHING Register today at: ►► http://goo.gl/qZyGx7 ✔✔ “Using coaching to build family financial security: Turning knowledge into action” What you will learn: 1. 6 Steps to Financial Security 2. X-CURVE: a powerful financial planning tool 3. Rule of 72: learn how money works 4. The Prosperity Formula: Pay Yourself First -How to Build a Solid Financial Foundation -Introduction to Mutual Funds vs. Stocks 5. Total Financial Solution: Financial Literacy,...