money Financial Planning

[sexycayote]

Dito sa sg pramis pang tamad seriously, pangtamad sya. Nag-sign-up lang ako for few minutes at naglagay ng initial deposit (ibanking transfer) naghintay ng 1 araw for approval then simula na ng pagyaman every month naglalagay ako ng fixed amount...ay hindi pala fixed kasi nagbabago pag nagbabago sweldo ko.

Hindi ko lang alam sa pinas kung ganyan din kadali. Natry ko kasing mag-MF sa pinas, ilang araw din ang lumipas bago magstart...ang pag-init ng ulo ko sa tagal ✌️✌️✌️ Joke lang..hindi ko na kasi matandaan

 

 

 

Thanks Paps. Pang-Tamad ba yan?

Quick and easy. If you have a stock brokerage account, all you have to do is to buy shares of FMETF. FMETF is tracks the PSEI.

[sexycayote]

If i am not mistaken, index fund is same as mutual fund. I still think ETF is the best passive investment.

 

Yes, depende pa rin sa preferences yan, but try mong mag-invest sa ETF. After 3years compare mo. Baka isa ka na rin sa magsasabing mag-invest sa ETF

There are other mutual funds that doesn't track the index.

 

For FMETF, depende sa market. Last 3 years, di ganun gaano kaganda performance.

[Papa Popoy]

There are other mutual funds that doesn't track the index.

 

For FMETF, depende sa market. Last 3 years, di ganun gaano kaganda performance.

Have not tried FMETF. In my experience, may months na hindi maganda talaga sa ETF kaya ok talagang magdiversify...eg. Kapag recession, invest in commodities like gold. Suggestion ko wag magworry pag down ang market..just stick with your strategy...we are investing, not trading..long-term ang isipin dapat. compare your investments, like MF vs ETF vs etc, after 3yrs, 5yrs, 10yrs. Edited September 13, 2019 by Papa Popoy

[neville]

Neville ikaw pala ang nag start ng thread ma to way back in 2013 pa. How wouñd you describe you F.I. journey in the past 6 or something years?

 

Ako nagstart ako around 2011 sa SG. Wow, how time flies. I started negative (since i have credit card debt), and after tracking my expenses i saw the pattern. I'm a spender (the worst kind). Buti na lng saver si misis kya medyo nkaipon

 

 

I was out of control spending-wise since i started this page. I still spend a lot now, but the main difference is that I make sure that i do have the budget before I swipe my card.

 

Also, my income is infinitely better than what it was years ago. Umandar pa yung business namin, puwede nang umakyat sa 6 digits ang income ko. Patayan nga lang sa simula kasi ako ang lalabas na head translator at sa akin ibabagsak lahat ng trabaho. Di ko tuloy magawa thesis ko.

 

Another big difference since I started the page is the presence of investments. Dati, di ko pinapansin ang mutual funds at stock market...theoretical mumbo-jumbo lang siya, ngayon naglalaro na rin ako sa stock market care of Mr. COL Financial. Apat na mutual funds ko, dalawa na insurance ko, tatlo kung approved yung huli. Tapos may panggastos na ako sa bakasyon. Hindi na ako mukhang timawang nag-iisip kung kailan ko makakayang tustusan ang bakasyong gusto ko.

 

Hindi na ako isang kahig, isang tuka. Kaya iniisip ko na dapat palakihin pa para kahit retired na ako, may bubunutin pa rin ako at di namimilipit kakaisip na wala akong pambili sa gusto ko.

[neville]

Wahahahaha

Hindi naman ako masyadong maluho tanggap ba nila kahit panget, hambog, bobo, pandak at hampaslupa??

 

 

 

Hahahahaha, ayaw lang maging sugar mommy ng mga kakilala ko.

[JohannBeckham]

 

 

I was out of control spending-wise since i started this page. I still spend a lot now, but the main difference is that I make sure that i do have the budget before I swipe my card.

 

Also, my income is infinitely better than what it was years ago. Umandar pa yung business namin, puwede nang umakyat sa 6 digits ang income ko. Patayan nga lang sa simula kasi ako ang lalabas na head translator at sa akin ibabagsak lahat ng trabaho. Di ko tuloy magawa thesis ko.

 

Another big difference since I started the page is the presence of investments. Dati, di ko pinapansin ang mutual funds at stock market...theoretical mumbo-jumbo lang siya, ngayon naglalaro na rin ako sa stock market care of Mr. COL Financial. Apat na mutual funds ko, dalawa na insurance ko, tatlo kung approved yung huli. Tapos may panggastos na ako sa bakasyon. Hindi na ako mukhang timawang nag-iisip kung kailan ko makakayang tustusan ang bakasyong gusto ko.

 

Hindi na ako isang kahig, isang tuka. Kaya iniisip ko na dapat palakihin pa para kahit retired na ako, may bubunutin pa rin ako at di namimilipit kakaisip na wala akong pambili sa gusto ko.

Thanks Neville for sharing your journey! And also for sticking around this long.

 

Ok din pla ganitong format, mala A.M.A. (Ask Me Anything). Hopefully informative sa lahat!

[Papa Popoy]

I was out of control spending-wise since i started this page. I still spend a lot now, but the main difference is that I make sure that i do have the budget before I swipe my card.

 

Also, my income is infinitely better than what it was years ago. Umandar pa yung business namin, puwede nang umakyat sa 6 digits ang income ko. Patayan nga lang sa simula kasi ako ang lalabas na head translator at sa akin ibabagsak lahat ng trabaho. Di ko tuloy magawa thesis ko.

 

Another big difference since I started the page is the presence of investments. Dati, di ko pinapansin ang mutual funds at stock market...theoretical mumbo-jumbo lang siya, ngayon naglalaro na rin ako sa stock market care of Mr. COL Financial. Apat na mutual funds ko, dalawa na insurance ko, tatlo kung approved yung huli. Tapos may panggastos na ako sa bakasyon. Hindi na ako mukhang timawang nag-iisip kung kailan ko makakayang tustusan ang bakasyong gusto ko.

 

Hindi na ako isang kahig, isang tuka. Kaya iniisip ko na dapat palakihin pa para kahit retired na ako, may bubunutin pa rin ako at di namimilipit kakaisip na wala akong pambili sa gusto ko.

Huwaw angyaman 6 digits ang income..pakape at pacheesecake ka naman 😂 sama kami sa mga bakasyon mo 😜

[neville]

Thanks Neville for sharing your journey! And also for sticking around this long.

 

Ok din pla ganitong format, mala A.M.A. (Ask Me Anything). Hopefully informative sa lahat!

 

 

Wala pong anuman, sir. Mabuti nga dumating kayo rito sa thread. Nadagdagan ang nalalaman ko. At kausap na matino

 

 

Huwaw angyaman 6 digits ang income..pakape at pacheesecake ka naman sama kami sa mga bakasyon mo

 

Adik! Expected income pa lang yon, hindi pa dumarating. Mas mayaman ka sa akin ano? Magkano ang SG dollars to the peso?

 

Bakasyon? Sure, sama ka sa India. Vegetarian food only. Hahahahaha

[Lumangtypan]

Hi, Philippine-based ako.

 

Kung komportable ka sa online transactions, you can tap COL Financial. Kung malapit ka nang umuwi for breaks or vacations, check mo website nila para sa requirements at funding. To avoid headaches when out of the country, make the initial deposit at the office itself, then start investing once the account is activated and the funds credited.

 

As for ETF aka mutual funds,COL Financial also has the platform to buy and sell them. One stop shop na siya for stocks and mutual funds. I chose Sunlife, Philamlife, First Metro, and Philequity Funds.

 

May separate stock portfolio Rin ako sa COL Financial.

 

I avoid banks here because they are annoying to deal with and the returns are usually low.

 

 

Hope it helps.

Thanks for the info sir, looking forward ako makauwi agad and makastart mag invest. Alangan kasi ako through mail application sa COL hehe

[Papa Popoy]

Thanks for the info sir, looking forward ako makauwi agad and makastart mag invest. Alangan kasi ako through mail application sa COL hehe

Wahahahaha

 

Wala pong anuman, sir. Mabuti nga dumating kayo rito sa thread. Nadagdagan ang nalalaman ko. At kausap na matino

 

 

 

 

Adik! Expected income pa lang yon, hindi pa dumarating. Mas mayaman ka sa akin ano? Magkano ang SG dollars to the peso?

 

Bakasyon? Sure, sama ka sa India. Vegetarian food only. Hahahahaha

Salamat sir neville pero hindi ako vegetarian 😂😂😂

Hindi ako mayaman...mababa lang sahod ko dito, tagahalo at tagabuhos lang ako ng semento 😜😂😂😂 kahit pa 1sgd = 37++php, hindi 6-digits sahod ko 😜

[PenetrayShawn]

Does anyone have exit plans in case crap hits the fan in their current country of residence? Wondering how to factor that in to financial planning. So far I think one should have dollar accounts in international banks, but aside from that, I can't imagine what else to do

[MRROUGHSEX]

Does anyone have exit plans in case crap hits the fan in their current country of residence? Wondering how to factor that in to financial planning. So far I think one should have dollar accounts in international banks, but aside from that, I can't imagine what else to do

Part of healthy cycle yang "air crap" LOL. If one must sell, how about switching your stocks/MF/ETF to money market accounts instead of actual cash currency and wait it out. Just my half cent.

Edited September 18, 2019 by MRROUGHSEX

[JohannBeckham]

Does anyone have exit plans in case crap hits the fan in their current country of residence? Wondering how to factor that in to financial planning. So far I think one should have dollar accounts in international banks, but aside from that, I can't imagine what else to do

Personally depende kung malapit na ba ako magretire or note. If im say 15-20 years or more from retirement, meaning in in the accumulation stage, i'll be hoping for that "crap" since that means my ETFs will sold at a much cheaper price, meaning its "bargain" hunting baby! If im single, i would probably work several jobs just so i'll have more money to buy more ETFS.

 

But ita different when i retired or near retirement. I'll probably put more into Bonds, high dividend paying ETFs and cash. I will be income focused since i would need income to live the lifestyle that i want in retirement.

 

Personally right now, i dont have bonds, i dont own any real estate, i have $12k in Cash that i'll soon transfer into my brokerage to buy some ETFs. I know another GFC is coming (who knows when), but i'll w3lcome it with open arms.

[neville]

Whew. Finally! Nagsidatingan na ang mga bayad sa akin na naipit dahil ang mga taong nag-aasikaso ng mga iyon ay sinapian ng kung anong espiritu.

 

Buti na lang nasa abroad at ibang bayan ako last month kaya travel budget ko ang gumagana sa halos buong Agosto. Halos hindi ko nagalaw ang contingency fund ko kasi napalitan siya agad nung dumating ang bayad sa translation job ko.

 

Pati back pay ko, in good order na rin.

 

Bills for August and September paid. Budget all the way to November fixed.

 

Time to invest in the stock market via the bourse and mutual funds next month.

 

And time to open a separate mutual fund account for my house and lot savings

 

 

Now, I only need the business to find a good client for it to start earning decently.

 

 

PERA PA!!!!!!!!

[MRROUGHSEX]

Whew. Finally! Nagsidatingan na ang mga bayad sa akin na naipit dahil ang mga taong nag-aasikaso ng mga iyon ay sinapian ng kung anong espiritu.

 

Buti na lang nasa abroad at ibang bayan ako last month kaya travel budget ko ang gumagana sa halos buong Agosto. Halos hindi ko nagalaw ang contingency fund ko kasi napalitan siya agad nung dumating ang bayad sa translation job ko.

 

Pati back pay ko, in good order na rin.

 

Bills for August and September paid. Budget all the way to November fixed.

 

Time to invest in the stock market via the bourse and mutual funds next month.

 

And time to open a separate mutual fund account for my house and lot savings

 

 

Now, I only need the business to find a good client for it to start earning decently.

 

 

PERA PA!!!!!!!!

Happy to hear it Neville!