IMG Truly Rich Makers - Olongapo

After we start our Kaiser Level 1 investing and if there is still excess funds left from our savings, that’s the only time that we can invest in mutual funds. Note: You can read about Kaiser Level 1 investing : //goo.gl/qV2akk What is a Mutual Fund? A mutual fund is an investment vehicle that pools together the funds of various investors – both individuals and corporations. The pool of funds is managed by a professional fund manager who uses the funds to create a diversified investment portfolio consisting of various investment instruments such as stocks and bonds. Mutual fund investors are considered part owners or shareholders of the fund. Shareholders are entitled to a proportionate share in investment income and risk exposure. Advantages of Mutual Fund Investing Professional Management Potentially Higher Returns Diversification Liquidity Safety Types of Mutual Funds: Equity funds (stocks) – funds are invested in stocks. This represent the largest category of mutual funds. Generally...

To dispel the mystery surrounding Kaiser, here are some Frequently Asked Questions (FAQs) about it: Q1: It’s my first time to hear about Kaiser. What is it? Kaiser is a Philippines-based Health Maintenance Organization (HMO) approved and accredited by the Department of Health (DOH) since July 26, 2004. A HMO provides health care to its members through networks of doctors and hospitals. HMOs are popular alternatives to traditional health care plans because they usually cost less. Below is a document (as of December 2012) from the DOH website ( http://bhfs.doh.gov.ph/images/listing/HMO/dec2012.pdf ) showing Kaiser as one of accredited HMOs in the Philippines. Q2: Is Kaiser secure and financially stable? Is it legal? Kaiser is registered with the Philippines’ Securities and Exchange Commission (SEC) as a health care provider and broker for other health care companies. Kaiser has an authorized capitalization of Php 160,000,000. The investment and funds are managed by the top leading financ...

Achieving financial freedom is not based on luck. There is a process to follow in order for us to reach this goal. That’s why we all need a solid financial plan. There are levels that we need to go through. The lower levels need to be addressed first before jumping to the higher ones. It’s like building a house. We can’t put the roof yet without building first the walls and the foundation. If we start with the roof or the walls, sooner or later it will fall and will definitely be a disaster. Wealthy people follow a financial plan more or less similar to what is mentioned in this post. It’s time for us future wealthy people to apply one too. As a member of the International Marketing Group (IMG), I learned that our solid financial plan should look like this: We must build our financial plan in this order: HEALTHCARE this will cover our medical expenses when we get sick during our working age and when we eventually retire short-term healthcare – provided by our employers while we are emp...

When I joined the International Marketing Group (IMG), I learned that there are different levels of investing. To be able to have a solid financial foundation we should go through each of these levels. Skipping one or jumping to a higher level could mean a disaster. Level 1 is to have your Kaiser Healthcare. Level 2 is to invest in mutual funds. Level 3 is investing directly in the stock market. And level 4 is investing in real estate. I’ll talk about Level 1 investing first and the other levels in my succeeding posts. Why is Kaiser Healthcare Level 1 Investing? Because I wanted to secure a home for my family, before joining IMG, I invested in Real Estate already (Level 4). I thought that I was doing right, as most Filipinos consider Real Estate as a sensible investment. Little did I know the danger of what I was doing. Before going to the higher levels of investing we need to address these financial needs first: Healthcare - this is to insure ourselves with health benefits when we sto...