How I Achieved My 6-digit Portfolio in the Stock Market

Happy 2nd birthday sa portfolio ko!

Every 15th of June marks the birthday of my COL financial portfolio. Today I would like to assess and check how my stocks are performing in terms of gain/loss, in terms of volume and in terms of my reaction from all the pressures of the past year’s news affecting the stock market.  Two years ago, I set a goal of investing in stock market for my daughter’s future. But, I think my goal will be changed this month. This time, my goal is to prepare for my retirement and not rely on my children in the future. This month too, I’ll get my six year old daughter her own COL account. I’ll tell about this more on my next post.

To start with, I would like to show you my stock portfolio on its first year.  If you want to know more about it, here is the link to my blog post click here.

June 15, 2016 ( 1st Year Port)

As you can see, I have a gain of 25.09%, for a first timer like me in the stock market; it was a very good indication that I was using a great strategy. My equity was not as much as you expected, but what I am proud to say is that – from the books, blogs and videos I watched regarding Stock Market Investing, I could say I performed well in applying those things I learned.   Please take note, I am not a trader here.  I just buy and hold, buy and hold, buy and hold… and Breathe, Breathe, Breathe… for the last 24 months. With all the stocks I hold – ALI, BDO, DD, JFC and MWC, DD or Double Dragon was the most tempting to sell because of its gain.  But, I did not sell any of it, despite whether it’s a loss or a gain.  I just continue to buy and accumulate more stocks.

My chosen stocks were from different industries – Real Estate, Banking, Food Industry and Service. Three of them were blue chip companies (Top 30 Corporations comprising the Philippine Stock Market). These are ALI (Ayala Land), BDO (Banco de Oro) and Jollibee (JFC). While the two DD (Double Dragon) and MWC (Manila Water) are growing stocks. For me, these two stocks possessed the qualities that will become blue chips too in the coming years.

Today, here is my portfolio, the gain is still more than 20% – 21.10% to be exact, but what is impressive on this one is the volume or accumulation of stocks I made.  With MWC for example, I just started with 100 shares, now it reached 1000 shares already – which was one of my goals, to slowly reach 1000 shares for each of my chosen stocks. This year, I am targeting one or two of them reaching 1000 shares too.

June 15, 2017 (2nd Year Port)

How did I do that?

For the past two years, I just keep on saving and investing. With a budget of 2k-5k per month, I put aside for my own COL account. Whatever the issues affecting the Philippine Economy, I just silently keep on investing – PCA (peso-cost-averaging) strategy.  I did not even react, when the PSEI hit almost 6000 level, instead, I took the opportunity of buying more stocks.  I shared with my friends how they can also invest in the stock market, some of them did try and some of them were reluctant – thinking it was a complicated matter.  I know people are different from one another and I cannot force them to try stock market investing. What I just want them to realize is that, there is a better way to where we can put our money and make it grow.

Am I Happy With My Portfolio?

Definitely, Yes! I am so happy with how it turned out.  All my stocks were green.  If it turned red, I’ll just whisper, “my menstruation na naman ang stock market” kaya siguro pula yan… Which after a couple of days or week, it will turn green again.   Also, compared with the interest on the bank, this is way much, much better.

I am not an expert here, rather I consider myself a Financial Advocate and I’ll be happy to share my investing journey with you…. Happy Investing!

For comments and suggestions, please message me at https://www.facebook.com/pinoymoneyrism/

 

Gusto Mo Rin Bang Mag-Work at Home at Kumita ng Dollars?

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Isa sa nakikilala ngayon ang Work at Home opportunity na in-demand ang galing ng mga Pinoy sa mata ng mga foreigner.  Gaya ko, isa ako sa libo-libong Work-at Home mom na kumikita ng disente gamit lang ang laptop, internet connection at skills ko.

Gaya ng marami, na-experience ko din ang mag-work ng 8 to 5 or yung tinatawag na traditional work. Isa akong College Instructor ng halos 15 years mula 1999 to 2014. Pero noong, 2011 one of my students, shared this online work opportunity with me.  Noong time na iyon, kumikita na sya ng P2000 per week.  Wow! Sabi ko ang galing naman. Kaya, walang ka-abog-abog, nagpakabit agad ako ng internet.  Sa totoo lang, inutang ko pa sa savings ng anak ko yung P1000 na Installation Fee ng PLDT.  Nag-sign up ako sa www.odesk.com and doon nag-simula ang pag-earn ko ng dollars sa pagiging part-time Virtual Assistant. Nag-sign-up din ako sa http://www.elance.com at dito naman nahasa ang aking skills bilang Virtual Assistant sa dami ng projects na nakuha ko.  Para akong Zombie noong panahon na iyo, nagtuturo sa mag-hapon at Virtual Assistant naman sa gabi at weekends. Ganyan ako ka-workaholic noon. Sa ngayon ay nag-merged na ang Odesk at Elance at eto na ngayon yung Upwork.

Paano Ba Ako Mag-sisimula?

First – Para maka-pag-Work-at-Home, dapat meron kang computer or laptop na maayos, stable internet connection, headset at work station mo.  Hindi kailangan na Apple Mac ang computer mo, pero mas higher ang specs ng computer mo, mas advantage dahil may mga jobs na nangangailangan ng mga specific programs, website and MS tools na sabay-sabay naka-bukas at ginagamit mo.

upwork

Second – Kapag na-set-up o na ang workstation mo, mag-create ka na ng iyong profile sa mga legitimate na online job sites gaya ng Upwork, Remote Staff, MyOutdesk at iba pa.  Sa pag-cre-create ng profile, you need to prepare your Curriculum Vitae (CV) or Resume at Video Intro mo (hindi ito required pero mas advantage kung meron ka nito).  Samahan mo ng professional na picture, email address (huwag yung papalicious@gmail.com na mga klase ng email address ha?) dapat yung professional ang dating, Skype account at contact number.  Dito sa part na ito, i-HIGHLIGHT mo yung SKILLS mo.  Example, you are good in Research, or you can type 60 words per minute, or you have skills in using Adobe Photoshop, you’re great in Web Development using HTML or kaya naman you love writing articles. That way, makikita ng employer kung ano yung magiging benefit mo sa business nila at kung perfect fit ka sa job na pinost nila. Dito, I suggest na minimum pay ang ilagay mo na hourly rate kung ang category mo ay Administrative jobs at wala ka pang experience sa online work.  Pero kung high level skills ka naman at maraming ng experience, pwede mong taasan ang rate mo ng $5 or more per hour.

Third – Kapag na-set-up mo na ang CV mo online, you can take Skills Proficiency Tests available, gaya ng sa Upwork. Napakadaming Tests na pwede mong kuhanin para patunayan na competent ka.  Syempre, dapat ipasa mo ito para mas gumanda ang profile mo.

Fourth – Kung ready na ang profile mo, pwede mo nang i-browse ang mga available jobs.  Read carefully yung Job Description and Requirements bago ka mag-apply.  I-check mo sa sarili mo kung kaya mo bang gawin yung trabaho. Kung sa palagay mo ay fit ka doon, then apply.  Don’t expect na sasagot agad ang client sa job application mo, remember marami kayong applicant dyan at hindi lang mga Pinoy ang ka-kompetensya mo sa job na iyan, andyan din ang mga Indian, Bangladeshi, Pakistani, American at iba pang lahi.  Pero don’t worry, sa mata ng mga foreigners gaya ng American, Canadian, Australian and European – mas prefer nila ang mga Pinoy.

Fifth – Kung mag-reply ang client at i-schedule ka for a Skype Interview, always make yourself available for the Skype Interview.  Dito ipakita mo ang galing ng mga Pinoy sa pag-i-Ingles. I-take note mo yung oras na ini-schedule nila sayo at huwag magpa-pa-late.  Prior to Skype Interview, ihanda mo na ang headset mo, make sure in good condition yan, review mo yung CV mo, yung proposal mo, kasi dapat tama lahat ng details mo sa CV at yung Job Description a inapplyan mo, mag research ka rin ng kaunti tungkol sa company na inaplayan mo (kung binanggit sa Job Description ang company nila) para may idea ka about the company.  Sa Skype interview, alamin ang work schedule at i-confirm ang hourly rate at kung gaano katagal ang contract mo.

Sixth – Kapag sinuwerte at hi-nire ka na.  Make sure na you do your work very well.  Gamitin ng buong katapatan ang Tracker at ang oras ng trabaho. Maging matiyaga at magtanong sa client kung meron kang katanungan tungkol sa trabaho na binigay sayo.  Always deliver your work on time.

Upgrade Your Skills

Kapag wala kang work, i-take advantage mo si Google at si Youtube para pag-aralan ang ibang mga programs or skills gaya ng paggamit ng Google spreadsheet, Social Media Marketing Tools, Search Engine Optimization or mag-praktis ka ng paggawa ng sarili mong blog gamit ang WordPress at iba pang blogging sites.  This way, mahahasa mo sa maraming skills and knowledge ang sarili mo.  Remember, bawat client mo, iba-ibang tools ang possible mong gamitin para sa work requirement nila. Mas maraming kang alam, mas magiging mabenta ka sa mga clients.

Paano ako Mababayaran?

Sa Upwork, during the time the nagcre-create ka ng profile, meron part dun na ilalagay mo ang Account details mo for receiving payment. Ako nag-open ng BDO Kabayan Savings Account (may Passbook at ATM na ito)at P50 lang ang open nito.  Eto yung inilagay kong account sa Odesk noon.  Everytime na nagwi-withdraw ako from Odesk to BDO, may kaunting charge, I think around P200 pesos lang. Kaya I make sure na mga $200 or more ang wini-withdraw ko para hindi sayang ang charge. Usually 3-5 working days dumadating ang sweldo ko sa BDO ATM ko.

Sa totoo lang, masarap sa pakiramdam na kahit nasa bahay lang ako at part-time lang ang work ko sa Odesk noon, (tuwing 6pm or 7pm to 12 midnight ang online work ko, after school), kumikita ako ng dollars.  Ang kagandahan nito, tumataas ang dollar kaya mas lumalaki ang kita naming mga online workers.  Kaunti na rin lamang ang expenses ko kasi nasa bahay nga lang ako.  Walang pamasahe, walang food allowance, walang gastos sa make-up, uniform, bag or shoes.

Disadvantage of working at home?

Syempre meron din, dahil home-based ka, wala ka ng social life. Walang Foundation Day, Employee Day, Christmas Party or Company Outing.  Ikaw din ang magbabayad ng tax at mga contributions mo gaya ng SSS, Philhealth at Pag-ibig. Walang mga company benefits at mga Vacation Leave sa Odesk at Elance. Kung pang-gabi ka, butiki lang ang kasama at kausap mo, hahaha!  From my own experience yan, kasi lahat ng kasama ko sa bahay mahimbing na natutulog.

mod

Sa ngayon, ako ay nasa MyOutdesk na at isa nang Real Estate Virtual Assistant simula noong November 2015.  And I am proud to say na MODVA ako.  Next time, all about MyOutdesk naman ang isha-share ko sa inyo.

My Financial Regrets, If I Could Turn Back the Time

IF

When my son was born in May 1, 2002, I was the happiest mom.  I only thought of good things for him, the best milk, the most effective diaper, a complete line of new born vaccine and a lot more.  Isa sa mga focus ko ay ang mabigyan sya ng quality education.  During that time, getting an educational plan was the dream of every parent.  It was my dream too for my son, getting him an educational plan so I can provide for his educational needs in the future, whatever course he would pursue and his chosen school when he enters college.

My sister-in-law was an agent of Prudential Life Plans, so I was not hesitant to get one for my son.  And because she’s my husband’s Ate, the commission she would earn will be deducted from our first quarter payment.  It was her gift to us, giving a discounted premium.  After signing up the application forms on July 6, 2002, I told myself “Eto na iyon, unti-unti, nabubuo na yung pangarap naming mag-asawa para sa aming anak”. This would be his educational benefit by the time my son reaches age 16.

DSC09880

 

Year 1                    – 80,000

Year 2                    – 92,000

Year 3                    – 105,800

Year 4                    – 121,680

Year 5                    – 139,920

Starter Fund          – 139,920

Total Benefit             679,320

I was so delighted to see this table, seeing a vision that our finances for his education will be somehow be provided by the company through the means of growing the premium I paid.  At the same time, I was insured too, should anything happen to me.  The plan is a 5-Year College Program, 5 Years to Pay, with a total contract price of P174,040 and an annual payment of P33,160.  Pero ang total benefit ay P679,320, at after 10 years pagakatapos maibigay ang Starter Fund (eto yung Graduation Gift), ay ibabalik naman ang aming binayad na P174,040.  Sa sweldo kong P7,500 per month, I was able to save P2,500-P3000 per month to pay for the premium.  My overload pay and 13th month was also added to pay for the premiums. Having a clear goal and living a simple life, made it easy for me to pay it annually.  Actually, I can say I was good in making a sound budget; I always listed down our expenses for the month and was able to track where my salary goes.

Fast forward to February 2007, I was able to pay fully the total contract price.  It was a wonderful feeling indeed.  Sa wakas natapos ko na sya, ang sarap sa pakiramdam, na wala na akong iintindihin bayarin.  Then after a couple of months, while watching the TV, it was announced on the news that CAP or College Assurance Plan went bankrupt.  My colleague in school, who paid P100,000 for his daughter’s educational plan was so sad, that he looked like the world trembled down on him.  He said, wala ng pag-asa yung CAP ng anak nya.  And then everybody was asking me, “Yung sayo ba okay ba yung company mo? Baka mapagaya yan sa CAP”.  With a confident mind,  sabi ko “Oo okay naman ang Prudential Life, pero sana huwag naman magaya sa CAP.  Then that summer time, around month of May, my sister in law called up and kinaka-musta kaming mag-anak.  Then she asked us “Baka gusto nyong mag-asawa na i-withdraw na yung pera nyo sa Prudential para makapag-business”.  Syempre, kunutoban agad ako, parang may “something”.  Bakit nya kami aalukin na i-withdraw na yung pera?  So the next week, we prepared the necessary documents and went to Makati Office to withdraw the funds.  Out of P174,040, we were able to refund the amount of P150,000, kasi hindi pa daw mature yung plan namin.  Sabi ko, okay lang kahit nag-loss ako ng around P24,000. Kesa naman totally walang makuha, kung tama nga ang kutob ko.  This was one my FIRST REGRET, kung sana may iba pang information or resources available, kung may pag-pipilian lang sana ako noong time na iyun… hindi sana ako nagkamali ng desisyon. But unluckily, isang tao lang yung nag-pakilala ng educational plan sa akin at wala/limitado pa ang internet noong panahon na iyun. But of course, hindi ko naman sinisi yung hipag ko, kasi in the first place sya mismo ay may educational plan din for her daughter.

What did I do with the P150,000?

I decided to put the fund on my Savings account muna, nung time na iyun, wala pa kaming naiisip na negosyo ng husband ko. Noong October 2007, nagbukas ang BDO Bank sa lugar namin, so I decided to open a Junior Savings Account.  Of course, very accommodating yung mga cashier and staff ng BDO kasi nga bago pa sila, may promo pa nga na P100 lang to open an account.  It was around January of 2008 when I decided to transfer my son’s money to his Junior Savings Account. This was my SECOND REGRET.  Kung sana, nalaman ko lang na may UITF sa BDO, doon ko na lang sana nailagay ang pera nya.  Kung sana, noong panahon na iyun ay well-informed ang mga staff ng BDO about UITF and Investments, (kagaya ngaun na talagang lagi kang aalukin ng mga investment products nila) napalagay sana sa UITF fund ang pera ng anak ko.  Just imagine, kung napalagay sa UITF Equity Fund yung P150,000, eto na sana ang value nya ngayon.

UITF BDO 2007 - 2016

Pero hindi ko na maibabalik ang nakaraan.  Whatever regrets I had, wala na akong magagawa.  Whatever experience I had in the past, will never be forgotten, but will always be a life-long learning for me and my husband.  Hindi pa huli ang panahon, I still have time, WE still have time para mapalago yung pera namin.  Eto rin yung reason kaya nag-diversify ako ng investments.  Kung kagaya ako ng isa sa mga CAP victims na isang basket lang ang pinaglagyan ng fund, talagang wala akong kalaban-laban.  I will not put all my eggs in one basket. DIVERSIFICATION OF FUNDS ang isang magandang Financial Plan na natutunan ko.  Now, I am thankful sa lahat ng financial experience and financial knowledge na natutunan ko mula sa experience ko, sa mga blogs na nabasa ko, at sa mga taong nakilala ko sa Investing journey kong ito.  Aggressive man ako sa pag-iinvest, I just make sure, na ngayon pinag-aaralan ko kung saan  ko ilalagay ang savings namin.

Last November 2015, I opened my son his own COL account with both stocks and mutual fund investments to build funds for him again.  See the full story here

I am not an expert here, rather I consider myself a Financial Advocate and I’ll be happy to share my investing journey with you…. Happy Investing!

For comments and suggestions, please message me at https://www.facebook.com/pinoymoneyrism/

 

If Philhealth is NOT Enough, How Can I Prepare for Medical Emergencies?

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For almost 15 years, I’ve worked with a company as a College Instructor.  After 3 years of full-time work, I got myself, my husband  and my son our very first HMO Card as part of the company’s benefit.  Of course, we took advantage of the HMO’s benefits such as Dental and Annual Physical Examination to make sure our health is in good condition.  In as much as I prayed not to use the HMO Card for emergency, certain situations were really unavoidable.

In 2005, my son has to undergo a Single Hernia operation. The surgeon informed us to prepare P20,000-P25,000, this was the estimated amount that the Philhealth will not cover.  Prior to his admission, I called up Cocolife to inform of this matter, but because Hernia is congenital, Cocolife informed me they will not cover the operation.  I talked to our Bookkeeper and she coordinated with our Head Office’s HR and our HR also coordinated with Cocolife again and asked that the HMO company cover the operation of my son.  I was left hanging cause they would just call me back instead. With only P500 on my wallet, we took our son to the hospital.  Sabi ko sa sarili ko, “Bahala na ang Diyos sa amin, may magpapa-utang naman siguro sa akin” and the Pediatrician prepared him for the operation. The next morning, my son underwent the Hernia operation performed by Dr. Brion (surgeon) and Dr. Arban (Anaesthesiologist).  The next day, my husband got a copy of the running bill, I went ahead to our boss and borrowed money ( sa totoo lang sobrang pugto ang mata ko dito kakaiyak).  She gave me a check of P25,000, early on, our Bookkeeper informed our Boss that I have filed two weeks ago my SSS Loan which is amounting to P24,000 and that I was just waiting for the check.  This was the reason why my boss lend me P25k. When I stepped out of the office, a girl student saw me and surprised to see me that way. Mapula ang mga mata dahil sa pag-iyak, sobrang lungkot, problemado at walang kabuhay-buhay.  When she asked me what happened , I told her that my son was in the hospital and that we were about to get out but my money is not enough.  Walang kaabog-abog, dinukot nya wallet nya and kinuha yung bills at binigay sa akin, “Mam ito gamitin mo, wag muna akong isipin.” I was stucked on my feet, can’t say anyword at her generosity, she was an Angel sent by God, then she left.  When I checked the money she handed me, it was P5,000. That moment, I knew, makaka-labas na kami ng hospital, may pambayad na kami.  Then before I was able to get out of the building, our Cashier rushed to me and told me that my husband was on the phone.  My husband informed me that our hospital bill was just amounted to almost P4,000, cause Cocolife covered P20,000 of the operation and the P13,000 was Philhealth coverage. Of course, I went back to my boss and returned the check to her and used the P5000 that my student lend me.  It was the most unforgettable medical emergency we experienced, and that prompted me to save money for emergency fund.

Other medical emergencies we experienced were in 2006, my husband got Dengue and we paid only P180 for something like a service charge.  That time, super scary kung magkaka-Dengue ka at wala kang pambili ng dugo for Blood Transfusion.  Then in 2007, my husband got hospitalized again due to Typhoid Fever this time and we paid nothing on his hospital bill.  All these were covered by our Cocolife card. In 2009, I got big lumps on my right breast and small lump on the left breast.  My whole world tumbled down, cause I got terrified it might be a Breast Cancer, and honestly, I am not ready to die.  Sabi ko “Paano ang mag-ama ko, paano ang anak ko.”  My doctor immediately performed the operation to remove the lumps and have it tested for biopsy.  I thank the Lord above, it was not cancerous, but I should be more vigilant of my own body. I only paid less than P3000 on our hospital bill because I occupied room beyond our Room and Board limit. It was East West Health Card and Philhealth which covered the amount around P35,000.  The last time we used our HMO Card was in December 2011, when my 1 year old daughter suffered Diarrhea, we paid nothing again because this time Philcare covered everything.

VAccine 2016

Since I am no longer working in the company and just working as self-employed, I have to prepare for medical emergencies. T o make sure that my children won’t get easily sick, in the last 4 years, they were vaccinated with Flu Vaccine (Mercury Drugstores have it annually for P450 only) compared with Private Pediatrician, it costs P1200-1500.  Last summer, I checked on the internet about HMO cards and found affordable cards such as Maxicare EReady and MyMaxicare Lite, PNB Healthy Ka Pinoy, Medicard RxER and Philcare’s ER Vantage.  Studying and comparing these cards I found, the benefits, where can I use it, is there a hospital accredited here. I decided to purchase two Philcare’s ER Vantage 80 cause among the four this has the highest benefit, it’s a one-time use card and can be used in three major hospitals here in my location.  Upon receiving the card, I immediately registered it in my son and daughter’s name.  Sa totoo lang, ito yung isang bagay na binili ko, na pinapanalangin ko na huwag sanang magamit.  But learning from my experience in the past, I still have to prepare for medical emergencies kahit pa gumastos ako ng kaunti, ang mahalaga may kaunting protection ang mga anak ko.

Getting HMO Card aside from Philhealth is one way to protect our family.  Sa dinami-dami ng naranasan namin na medical emergency, mas kailangan kong protektahan ang mga anak ko. Lastly, invest in our health by eating proper foods, exercising, getting lots of sleep and avoiding vices.  Ito na siguro yung pinaka-simpleng paraan para alagaan ang sarili nating kalusugan.

For comments and questions please like my Facebook page https://www.facebook.com/pinoymoneyrism

Website to check out:  http://philcare.com.ph/  https://www.maxicare.com.ph/ http://www.pnb.com.ph/index.php/personal-banking/insurance-products/healthy-ka-pinoy

I am not an expert here, rather I consider myself a Financial Advocate and I’ll be happy to share my investing journey with you…. Happy Investing!

Why I Decided Not to Continue Paying My SSS and Focus on VUL Instead?

Why I decided Not to Continue

I know a lot of you will be surprised with my decision on this matter. For some, SSS is really a great company benefit for it not only provides assistance on housing, salary, maternity or funeral benefits, but the most important of all is the pension that a person will receive when he reaches age 60 or 65. I am not getting any younger and no savings at all.  But let me explain to you my reasons for doing this.

I was also an employee in a private company for 15 years from June 1999 – March 2014. In that 15 years, I enjoyed the benefits of SSS such as availing Salary Loan (thrice I believe) and maternity benefits (2 cesarean section actually). With those benefits, I can say that SSS helped me in many ways.  After 15 years in company, I worked as a freelance online worker at home I wasn’t able to continue paying my monthly contribution for about a year due to irregular income I got from the freelance work. The last 3 contributions I paid was around P1400-P1600 a month, then nothing since then.  I checked my SSS contributions and had a total contributions of 175 and Total Amount of Contributions is P210,971. Wow, a definitely huge amount.  With the information I gathered from the internet concerning SSS pension computation, here’s what I got:

Formula 1 result is P4,500

Formula 2 result is P5,600

Formula 3 result is P1,200

Or using the Computation Table shared by Mr. Ron Magsalin, RFP I just simply put my Monthly Contribution (the last contribution I paid actually), the Years of Contribution and it will automatically provide your Estimated Monthly SSS Pension.

SSS Pension ko

Honestly, knowing that this will be the SSS pension I will receive by age 60, the 2nd Formula which is P5,600 (if my computation was right), or P5,400 from Excel Computation of Ron Magsalin, I know I’ll be dead too soon, cause I will only eat once a day with this amount of pension. Then if I die, my beneficiaries will receive this pension amount and P20,000-40,000 funeral assistance, my gosh so little for a decent funeral. This is not what I would want my future to be… seeing myself suffer more just because the SSS pension is truly not enough for a decent living and even dying hahaha.

In April 2015 (after one year), a previous student of mine discussed a Variable Universal Life Insurance (VUL).  With only P8,282 quarterly payments for 10 years, I will enjoy a life insurance with investment component along with other riders.  Definitely, a good value for the money and honestly, I feel so relieved.  My sole purpose of getting a VUL is to build my Retirement Fund apart from the SSS Pension I would get.  Not only that, since I am the breadwinner too, if something happens to me, my family will get the insurance benefit for them to continue their living.  Learning more about the benefits of VUL and mutual funds, I started building funds for my child’s education through stocks and mutual fund investments too. I can honestly say that VUL is a must for every person who loves his family, who cares for his family no matter what happens.

Going back to the question, “Why I decided Not to Continue Paying my SSS and Focus on VUL Instead?”  First – Simply because, SSS is not enough when I retire, even if I decided to continue it today and paid gradually higher contribution before I reach age 60, still I don’t think it’s enough for me and my husband to live decently.  Second – My VUL’s benefits are far better than SSS, both have living and death benefits, but VUL’s benefits are much more decent compared with SSS.  If asked will I continue SSS Contribution and pay the maximum amount of P1760, I rather invest in Mutual Funds or Stock Market, something that will give me higher returns.  Third – SSS fund is vulnerable to corruption (politically speaking), Management and Board of Directors’ salaries are so high that I don’t think, they worth it. Fourth, it’s takes a lot of time before an SSS pensioner get his pension, with insurance company, it will only take 5-15 days if documents are complete (I hope I am right about this).

I know I sounded crazy right now, but you see I have my reasons .  If you’re in a company and will stay there until your retirement age, that’s truly a great benefit because you have your employer paying part of your SSS contribution.  In my case, from P1500 SSS contribution (supposedly, cause I am self-employed), I just added additional P1260 and got myself VUL instead.  Aside from SSS, I continue paying my Philhealth and Pag-ibig contributions too.  I consider these two as essentials while I still earn. In the future, if I am already done paying my VUL premiums and I still have the chance to continue paying my SSS, I probably continue it.  But as of this time, my focus is to pay my VUL premiums rather than my SSS.

For comments and questions please like my Facebook page https://www.facebook.com/pinoymoneyrism

I am not an expert here, rather I consider myself a Financial Advocate and I’ll be happy to share my investing journey with you…. Happy Investing!

Source:

Thank you Sir Ron Magsalin, RFP (Pinoy Insurance Talk) – SSS Computation Excel

http://e-pinoyguide.blogspot.com/2014/07/guide-on-how-to-compute-sss-monthly.html

 

 

My 14 year old Son is Investing in Stock Market and Mutual Funds

My 14yo Son Invests in Stock Market and Mutual Funds Final
At a very young age, my son has his own Junior Savings Account, primarily I opened it up for him to save up for his Education.  It was only a year ago when I found out that there are Investment Vehicles where I can invest his savings, of course 20% of his savings were still left on his savings account.  Last October 2015, I opened his own COL Financial Account (In-Trust for Him) Gusto kong ma-recognized nya na – “akin ito – sarili kong Investment ito” in his pakiramdam.  I transferred 80% of his savings to COL and invested it in Philequity Fund. Nahirapan nga ako pumili ng Fund kasi ang daming Mutual Fund na pagpipilian – Bond Fund, Balanced Fund, Equity Fund and Money Market Fund. I do some research and almost lahat naman talagang doing good but I chose Philequity Fund instead, (then just last week, I bought Philequity Stocks Index Fund naman).  I told my son, “papalaguin natin ang pera mo”. Prior to that, I saw him as a good money saver from his allowance since elementary. When he was in Grade7, hindi ko kinukuha yung pera na naiipon nya, I just told him to buy whatever he likes – whether it be food, or gamit nya.  But when he entered Grade8, I started convincing him that we will save his money not just to be deposited in the bank, but to invest also.  Kahit P120 lang daily allowance niya, he can save from it, nagugulat na lang ako na almost P800-1200 per month kaya nyang i-save.  Of course, I told him huwag magpapagutom and try to bring in snacks, water and packed lunch para mas maka-save, but of course, being nagbibinata, he wants to explore other things such as choosing where to buy his own snacks, lunch out with his classmates and sip on his favorite shakes.  At the end of the month, he will give me his ipon and I will deposit it on his COL Account.

There are times na hindi nakaka-1k ang ipon nya, kasi laging nawawalan ng klase dahil may typhoon, but I told him ako ng bahala sa kakulangan. Meron kaming malaking bote ng Alfonso na alak na may tenga na syang ginawang ipunan. Pero sabi ko sa kanya, kapag may lumabis sa 1K na binibigay nya sa akin, dito namin kay Alfonso ilalagay at pagdating ng December, para sa kanya ang maiipon nya na nakalagay kay Alfonso. On his COL Account, I had the chance also to buy company shares for him focusing on 3 companies (FGEN, FNI at MWC) muna, while investing simultaneously with his mutual fund (Philequity Fund and Philequity Stocks Index Fund).  Ang set-up namign mag-ina, lahat ng ma-se-save nya monthly will be deposited on his mutual fund – 1K monthly and ang lalabis sa ipon nya kay Alfonso ilalagay, at ako naman ang bahala sa stocks nya, — kahit 1k per month, I’ll make it a point to add little by little each month.  His portfolio – Mutual Fund and Stocks are doing good little by little, of course, may losses din sya, cause we are just starting, but there are also gains.  I know, this will take a lot of time before we achieve our goal – make his first million by age 25 (11 years to go or more pa). Alam naman nya na by the time na may work na sya, siya na ang magtutuloy at mag-mamanage ng mga Investments nya.

COL Yaj 063016

As a mom, I want the best for my kids, kaya I am trying to find ways to grow their money and teach them to save.  “Hindi tayo mayaman”, yan ang lagi kong sinasabi sa mga anak ko, but in due time, “yayaman din tayo”… Of course, nanlalaki ang mga mata nila, “talaga mommy?”  I told them, “kailangan lang na matuto tayong mag-trabaho, mag-save, mag-tipid at huwag bumili ng mga bagay na hindi natin kailangan”.  Honestly, hindi naranasan ng mga kids ko yung mga mamahaling toys na nakikita nila sa mga malls. Bago kami pumunta ng mall, I gave them their own budget P300 (lang) each, para they can manage their own money when it comes to buying their toys/stuffs.  Syempre, sobrang mahal ng mga toys sa malls, kaya they only choose those that they can afford.  Eto yung naituro naming ng husband ko sa 14yo son namin at tine-train na rin namin ang 5yo daughter namin, “kung hindi kayang bilhin, huwag ipagpilitan, kung may gustong bilhin huwag idaan sa utang bagkus dapat itong pag-ipunan.” Disiplina ang kailangan nilang matutunan sa pag-hawak ng pera, matutong magbudget kung ano lang ang meron sila.

Now, alam ng son ko kung para saan ang ginagawa nyang pag-se-save at pag-iinvest.  Para sa kanyang personal goal at para sa magandang kinabukasan nya. This is the only thing I can provide for my children’s future aside from their education.

For comments and questions please like my Facebook page https://www.facebook.com/pinoymoneyrism

Website to check out:  http://www.philequity.net/   https://www.colfinancial.com

I am not an expert here, rather I consider myself a Financial Advocate and I’ll be happy to share my investing journey with you…. Happy Investing!

After 1 year of Investing in Stock Market, Kumusta ang Portfolio ko?

It was exactly June 15, 2015 when I was able to fund my COL account for P5000. Tuwang-tuwa ako nung nakita ko na sa buying power ko yung 5K.  Syempre, prior to that, marami na akong list ng companies na gusto kong bilihin. The first company I bought was 100shares ALI (Ayala Land) at 38.5000. At dito nabuo ang pangarap ko na “Sana lahat ng malalaking company sa Pinas ay Stockholder ako at sana mag-grow ang pera ko, maging Milyones! ” The following payday, ngdeposit ulit ako ng 1k, ito kasi yung minimum amount to fund at ito pa lang yung kaya ng bangs ko.  This day, bumili naman ako ng 100shares ng DMCI.  Napansin ko pareho na namula yung port ko, at alam ko na ang reason ay dahil sa mainit ang issue ng West Philippine Sea.  Hindi ako nagpa-apekto sa pulahan kong port, bagkus ay nagpatuloy lang ako sa pagbili ng shares.

COL - Deposit Jun15

Nag-set ako ng EIP (Easy Investment Plan) para naman sa Jollibee (JFC) at Manila Water Company ( MWC), kasi alam ko na mas affordable mag-invest kung naka-EIP ako.  Sa mga forums at Facebook groups about Stock Market, lagi kong nababasa yung “bearish market”, lalo na nung pumasok ang month ng August.  Grabe! Ang laki ng loss ng port ko.  Sabi nung mentor ko (dating student ko  na si Teiji) kasi “ghost month” daw kung ituring ng mga Chinese at Investors at tatagal pa ng September yung pagbaba ng stock market.  Dito rin nya sinabi na “Ma’am mas masarap bumili ng stocks kapag mababa ang PSEi.” Kasi parang “bagsak-presyo ang mga stocks”, parang “SALE” sa mga Malls. Kaya nung time na iyun, nagwithdraw agad ako sa savings account ni Sky at binilhan ko sya ng DD at MWC.  DD kasi nabalitaan ko na si Anne Curtis ay investor daw sa Double Dragon, super Idol ko sya e.  Bumili din ako ng MWC kasi, may nakita akong post sa FB, na ang Dividend nya ay umabot ng 280k, nakakapan-laki ng mata nung nakita ko yung Notice of Dividend nya kaya dali-dali kong chineck ang stock price ng MWC at sabi ko bibilhin kita.

Click HERE to see how COL’s EIP (Easy Investment Plan) works:

Sa totoo lang, mahirap mag-save ng 3-5k per month para ipasok sa COL account ko, kasi kasabay din nito yung pagbabayad ko sa VUL Insurance na kinuha ko naman sa Sunlife ng April 2015 din, na halos 3k ang amount per month. Pero kapag naalala ko yung Goal ko kung bakit ako nag-iinvest, nawawala yung hirap, pagod at pagwo-worry ko.  Ano nga ba yung Goal ko bakit ako nag-iinvest? Simple lang ang goal ko, pagdating ni Sky ng edad 25 (nung May 2015 na nag-open ako ng COL ay 4yo pa lang sya) meron syang humigit-kumulang P7milyon pesos na regalo ko sa kanya at syempre bibigyan ko din ang panganay kong anak kahit pa meron syang sariling Investment.  Paano ko nasabi na P7milyon ang possibleng maging pera ko sa stockmarket after 20 years?  Eto yung excel na ginagamit ko, galing ito kay Sir Ron Magsalin Financial Adivisor (Pinoy Insurance Talk).  Kung maglalagay ako ng 3k per month sa loob ng 20 years at kikita ang portfolio ko ng 20% annual gain, nasa around P7,376,064 ang magiging fund ko sa stock market.  Ang laki ano? Syempre sabi ko sa sarili ko, mangangarap na din lang ako at libre naman ang mangarap bakit hindi ko pa lalakihan?  Hehehe.

Future Value of P3000 Monthly Investment with 20% Compounded Interest

TVM1

Future Value of P3000 Monthly Investment with 5% Compounded Interest

TVM2

Pero in reality, sa isip ko, kahit 5% annual gain okay na sa akin, kasi may P1,221,759 si Sky after 20years. Basta ang mahalaga, yung pera nya sa savings account na inilipat ko sa stocks ay mag-grow talaga.  Nagsimula na ang mga “BER” months, bumili naman ako ng BDO shares at unti-unti nakikita ko na nag-green na yung dalawa kong stocks na MWC at DD, tapos pagdating nga ng January green na rin ang JFC ko.  Red pa rin ang BDO, DMCI at ALI ko pero okay lang, kasi sa overall, GAIN naman ang portfolio ko.  Sa totoo lang, ang sarap sa pakiramdam na may Gain na ako after several months ng pagtyatyaga.  Dito ko narealize na tama nga si Teiji, mas masarap bumili ng stocks kapag pulahan ang market, kasi kapag konting umangat ang PSEi, mag-ge-gain na yung mga stocks ko.

CutlossCREDIT – Image from dreamstime.com

Noong January, I decided to sell my DMCI kasi ilang buwan na sya pero ni minsan, ndi sya nag-green. Sobrang naapektuhan ng Luneta issue, yung “Photobomber “ daw yung Condo unit nila sa may Luneta.  Habang  nag-iinvest, nag-aaral pa rin ako about Investing in Stock Market, na-experience ko rin yung nagpadala ako sa “HYPE”, bumili ako ng SBS shares dahil nababasa ko sya sa mg forums at FB groups, kaka-IPO pa lang din niya ng Apr 2015. So akala ko, ok lang bumili, yun pala, wrong timing nako.  Hindi ko nakita na  mag-green man laman sya, kaya after 3months, binenta ko sya, “Cut Loss” ika nga.  Oo, nakakapang-hinayang kapag nagkaka-loss ako, pero kahit ganun, I learned my lesson.  And I am willing to learn more about it.  Super Aggressive ang profile ko kaya, kahit magka-loss ako okay lang, ang mahalaga sakin, may natutuhan ako.

COL - June15-2016

Ngayon June 15, 2016, 1st Birthday na ng COL portfolio ko.  At masasabi kong, super happy talaga ako sa first birthday nya, kasi 25.09% gain ako, lumampas pa sa 20% annual gain na pinapangarap ko.  Kahit ako napapa-isip ako, paano nga ba nag-gain ng ganito yung port ko?  Ano ba yung mga strategies na ginawa ko.  Simple lang yung mga ginawa kong strategies:

1-Regular bumibili ako ng shares (halinhinan pag-buy ko ng companies, kasi  hindi ko kaya na lahat ng 5 companies ko ay maka-bili ako in a month ). Ipon lang ng Ipon ng Shares, targeting 1000 shares each company (JFC is the highest price in my port, medyo matatagalan ako bago maka-1000 shares dito)

2-Ginagawa ko yung Peso-Cost-Averaging (PCA) thru COL’s EIP, at talagang masasabi kong effective sya sa mga newbie investor na gaya ko.

3-Nakinig ako sa mentor ko sa mga tips nya sa akin, lahat ng tips nya ginawa ko.

4-Nag-aaral, nagbabasa at nanonood pa rin ako ng mga books, blogs and videos.  Masakit sa bangs, nakaka-dugo ng ilong, nakaka-sabog ng utak yung ibang nababasa  at napapanood ko dahil sa mga technical terms, pero hindi ako tumigil, instead, ginawa ko syang habit.

5-Nagbabasa at nanoond  ako ng news, dahil ito ay nakaka-apekto sa kalakaran ng stock market.

6-Nagtitiwala ako sa mga companies na binili ko, I used their products and services, and nagre-search ako sa mga companies na ito, except lang sa SBS.

7-Naghanap ako ng mga Facebook groups and forums about stock market at kumukuha ako ng mga ideas and tips mula sa mga experts and “experienced” people na.

8-Lakas ng loob, Tiwala kay God at Malinaw ang Goal ko – ang makamit ang 7 milyon after 20 years or sana higit pa.  Long-term investor ako kaya 20years ang time horizon ko.

Kung gusto mo rin subukan mag-invest sa stock market, dapat “Huwag kang matakot at ma-intimidate sa mga charts at terms na makikita mo”, ako nga walang paki-alam sa mga charts, kasi hindi ko rin naiintindihan yun.  Sabi nga ni Aya Laraya ng Pesos and Sense, “Aral Muna, Bago Invest”.   Kaya ngaun, naka-focus naman ako sa pag-aaral ng mga charts. Kailangan ko na din i-level up ang knowledge ko, para mas ma-achieve ko yung Financial Independence at yung Goal ko after 20 years.

Kung may tanong ka about Stock Market, you can post your comment here or you can send your PM on Facebook Page Pinoy Moneyrism. I’ll be happy to impart my knowledge and experience with you. Hindi po ako expert sa stock market investing, what I can share with you is my own knowledge and experience for the past year. Happy Investing!

Thank you…Teiji Mercado and Ron Magsalin (Prulife UK and Pinoy Insurance Talk)

For COL Financial EIP info, visit this page:  http://www.colfinancial.com

Why I decided to invest in Stock Market?

The first blog I wrote was about investing in VUL of Sun Life which I did last April of 2015. After a month, I started investing on Stock Market. Isa sa mga naging MOTIVATOR ko yung sinulat ni Bro. Bo Sanchez na “My Maid Invests in Stock Market.”  Sobra kong hinangan mga maids ni Bo, kasi kahit ganun ang work nila, they have the guts and courage to invest in Stock Market with the guidance of Bro. Bo.  Nakaka-inggit kasi alam kong magiging millionaire sila pagdating ng panahon.

I chose COL Financial as my online broker, kasi halos lahat ng nabasa ko ay COL Financial ang broker nila, so naki-gaya ako.  I also have a former student who gave me ideas about investing in Stock Market and he also uses COL Financial.  Thank you Teiji Mercado, sa mga binigay mong tips, ideas, and insights about sa stock market investing, talagang na-encourage ako.  After my application was approved, I immediately funded my account with P5000.  The first blue chip company I bought was Ayala Land.  Every month, naglalagay na ako ng pera para maka-bili ng stocks.  Syempre sa kagaya kong newbie, ang dami kong gustong bilhin – SM, BDO, JFC, MER, MWC, FGEN, EDC, GTCAP, GLO, TEL, MEG, CEB, URC, BLOOM, SMPH, BPI, SECB…hayzzz… hindi maubos yung list ng mga companies na gusto kong pag-investan.  Kung marami lang sana akong pera, lahat yata ng Blue Chips Companies ay bibilhan ko ng shares.  Pero syempre, konti lang ang pera ko, kaya sabi ko, dadaanin ko sa tyaga. Pagkaka-sweldo, I pay myself first and set-aside it for my VUL and to fund my COL.  Then kapag may buying power na ako, saka ako nagba-buy ng shares.  Fast forward to June 2016, I already have JFC, BDO, ALI, DD and MWC on my portfolio and have a 35.42% GAINS. Wow, sa loob lang ng isang taon, ganun na agad ang kinita ng stocks investment ko thru Price Appreciation and Dividend received.

Why I decided to Invest in Stock Market

Nakakatuwa nga nung first time akong naka-received ng Dividend from Ayala Land. Lundag na ako sa tuwa, hahaha!  Kahit P18 lang yung Dividend na na-received ko sa 100 shares ko sa ALI, aba! Proud na proud ako nun, kasi “DIVIDEND” ito e, at doon ko na-feel na shareholder na talaga ako ng Ayala Land.  Pwede ko ng sabihin na yung isang poste ng Greenbelt, akin yan! Or kaya naman yung isang tipak ng yero sa Ayala Mall, akin yan!  At dun lalo akong na-encourage mag-invest.  Sa totoo lang, yung savings ng anak kong si Sky, winidraw ko at binili ko ng JFC, DD at MWC.  Kasi, sa bangko kahit anong kembot at pa-cute mo,  hindi talaga kikita ng malaki yung savings account, just imagine .025 lang isang taon ang Interest earned sa bangko, talo pa ng Inflation rate.  Kaya, pikit-mata kong winidraw at inilagay sa COL yung savings nya.  Sabi ko, pagdating ng panahon (mga after 20- years, dahil long-term investor ako) lahat ng nasa COL ko ay kay Sky.

Dividend - ALI 040116

Pero hindi lahat ng kwento ko ay happy investing, naranasan ko rin yung “Wrong Timing” sa pagbuy ng shares… Example yung DMCI ko, I bought 100 shares,  sabay putok ng news na Photobomber daw ang DMCI sa Luneta, ayun naging red at nanatiling red ng ilang buwan.  I decided to let go of my DMCI kahit isa itong blue chip company. Tapos, na-experience ko din yung sumabay sa “HYPE”, napa-buy ako ng SBS, without looking or researching kung ano bang company ang SBS.  Hindi ko man lang naranasan ang Green, laging pulahan ang SBS ko, kaya binenta ko din.  Sa madaling salita, nag-loss din ako dito gaya ng DMCI, sakit sa bangs kapag naglo-loss, syempre, perang pinaghirapan ko iyun e.  Pero nagpapasalamat ako sa aking mga experience either Loss or Gain, kasi may natutunan ako. Huwag e-engot-engot sa pag-buy ng shares, kasi honestly, pa-engot-engot ako eh! Kilatisin ang company, pag-aralan mabuti, dapat naniniwala ka sa company na ba-buy mo at dapat ginagamit mo yung product or service ng company.

Sa ilang mga shares ko may mga kwento kung bakit pinili ko ang mga companies na ito. Ex kay ALI, kasi talagang ang Pamilya Ayala  ang nagpa-unlad ng Makati, without them, Makati is nothing. Hindi ako naniniwala na ang mga Binay ang nagpa-unlad ng Makati.  Wala pa ang mga Binay, maunlad na Makati na iyan. Yung BDO shares ko, bumili ako, kasi “Bakit ko ilalagay lahat sa banko ang pera ko kung pwede naman pala na maging shareholder ako ng BDO? Idagdag pa natin na SM or si Ninong Henry Sy ang may-ari ng BDO.  Yung JFC kaya ako bumili ng shares, kasi simple lang, “Bida ang Saya”, tanungin mo lang ang mga bata kung saan nila gustong kumain:  Jobe, McDo or KFC, 95% Jollibee ang sagot nila.  Kahit magpa-nuntok ang mga bata, mananaig ang Jollibee, hahaha!  Nag-buy din ako ng Manila Water, kasi may isa akong FB post na nakita (I won’t mention the name) at sya mismo ang naging Dividend nya sa MWC ng 2014 ay around P280K, homaygad! Grabe napa-tanga ako sa nakita ko, dali-dali kong chi-neck sa COL kung magkano ang MWC at ayun sabi ko next week, bibilhin din kita.  Nung gusto ko ng i-save yung picture bilang souvenir ko at pang-motivate sa akin, binura na nya yung post, ka-sad, huhuhu.  And last yung DD (Double Dragon) ko. Eto na yata ang pinakaswerte ko, kasi simula ng ngbuy ako nito, lagi lang syang green kahit super-down ang stock market.  Dito ko naranasan ang 160-170% gain and pataas pa ng pataas. Grabe, feeling ko ito ang ikayayaman ko, hahaha. Sensya na, feelingera lang talaga ako minsan.  Alam kong tatanungin mo ako kung dapat mo din bang bilhin yung mga stocks na binili ko?  Ang sagot, pwedeng oo, pwedeng hindi, depende sayo.  Sa mga companies ko, DD lang ang hindi blue chips.  Pero naglakas-loob akong bilhin kasi nabalitaan ko, si Anne Curtis ay nag-invest sa Double Dragon, bukod pa sa fact na ang owners ng DD ay sina Tony Tan Cak Tiong (JFC) at Edgar Sia (Mang Inasal), super Idol ko kasi si Anne… hehehe, nadala ng pagkaka-showbiz at chizmiz ang pagbili ko ng DD.  If you have lots of money, go-on buy as much shares as you can, as long as you use the company’s products and services, you believe in the company and the company is stable for the last 10 or more years.

Parting words ko, ang sikreto ko sa pag-i-invest sa stock market ay yung PCA (peso cost averaging). Ibig sabihin nito, no matter what the price of share, I still buy.  Bagsak man or hindi ang stock market, I still buy shares.  May issue man or wala ang company, I still buy shares.  Ang motto ko, buy lang ng buy, hanggat may pera, hanggat may panahon, hanggat gusto kong maging shareholder. Next target ko ibang companies naman ang ba-buy ko.  Pero ang payo ko sayo, Aral Muna, Bago Invest. Gaya ko na hanggang ngayun ay nagbabasa ng mga books and blogs, nanoood ng mga videos sa youtube at hindi natatakot i-try ang mga natutunan ko. Marami rin kasi ang hindi nagtatagumpay sa pag-iinvest sa Stock Market.  It’s worth it, kung pag-aaralan mo ang pasikot-sikot ng stock market bago mo ito pasukin.

Thank you Teiji Mercado (former student)

Gaano ba kahirap ang mag-budget?

Budget Pic2Gaya ng karamihan, nahirapan din akong mag-budget nung first time kong mahawakan ang sweldo ko. Pero sa paglipas na panahon, natutunan ko ang ibat-ibang way kung paano mag-budget.

May budget na nakalaan sa pambayad kay Mr Meralco, kay Mr Tubig, kay Ms Cable, kay Ms DSL.  Ang malaking budget napupunta sa pagkain, pang-tuition at allowance ng mga bata. May budget din na nakalaan para sa paglilibang at pagme-maintain ng ating kagandahan at syempre budget para sa savings at pang-emergency.

Sa totoo lang, napakadaming paraan kung paano mag-budget, may 80-20 Rule (80% expenses at 20%  savings, may 70-30 Rule (70% expenses at 30% savings), may 70-20-10 Rule (70% expenses, 20% savings at 10% tithing).  At yung iba, 100 Rule, eto yung 100% expenses at one day millionaire kung gumastos.  Sa 100 Rule, kakarating pa lang ng sweldo, hindi na magkamayaw ang isang tao kung paano nya ito uubusin – sa pagbili ng gadgets, pagsho-shopping, pang-gimmick kasama ng barkada or kaya naman ay pangsugal (sabong, casino, tong-its at iba pa).  Kinabukasan, siya ay nga-nga at magpapakahirap na naman na magtrabaho at antayin ang 15 days na araw at gabi hanggang magswelduhan na ulit.  Paulit-ulit lang, yan rin ba ang nararanasan mo tuwing swelduhan?

Sa akin, napaka-effective na meron kang Una – LISTAHAN.  Oo, listahan ng mga gastos mo sa isang buwan para sa ganun ay nata-track mo kung saan pumupunta ang sweldo mo. Kahit yung simpleng bumili ka ng isaw na halagang P20 sa kanto, dapat nililista mo iyan.  Sa ganitong paraan, kung maubos man ang sweldo mo, eto yung way para malaman saan mo ginastos ang sweldo mo.

Pangalawa – Pumili ng Budget Rule. 70-20-10 Rule, eto ang Budget Rule na sinusunod ko.  70% nakalaan sa pang-araw-araw na pangangailangan, 20% para sa savings at 10% para sa kawang-gawa at pagtulong sa kapwa.  Tuwing dumadating ang sweldo ko inuuna kong bawasin ang 20% para i-save.  Then saka ko naman ibabawas ang 10% para sa kawanggawa (wag mo itong kalimutan para tuloy-tuloy ang blessings sa iyo).  Then ang 70% eto yung gagamitin sa pang-araw-araw na gastos.   Ang tanong?  Paano kung kulang yung 70%?  Simple lang, kailangan mong magtipid sa ilang bagay na hindi naman immediate needs. Example yung budget para sa pagpapaganda, pang-gimick or kahit yung pang-load, pwede mo itong bawasan. Kadalasan sa mga tao, hindi sila nagkwe-kwenta ng mga binibili nila.  Example, sanay kang kumain ng may softdrinks 2x a day.  Sa loob ng isang buwan na naka-softdrinks ka P15 X 2 = 30/day X 30days = P900 per month ang perang pumupunta sa softdrinks mo.  Pwede namang tubig na lang, wala pang gastos, walang diabetes or UTI at mase-save mo pa yung P900/month.

At Pangatlo, Mamuhay ng naayon sa sinusweldo mo or “Leave Within Your Means”.  Huwag mag-buhay mayaman kung hindi naman kaya.  Ang kalimitang hinahantungan ng iba ay nababaon sa malaking utang, dahil hindi nila kayang kontrolin ang paggastos.  In the end, kawawang nilalang, lalamunin ng buo ng mga Credit card companies and financial institution na inutangan nya.

LISTAHAN, BUDGET RULE at LIVE WITHIN YOUR MEANS, eto yung mga ways para mas mapabilis ko ang pagba-budget.  Dahil bihasa ako sa paggamit ng computer, gumawa ako ng spreadsheet na monthly ay ina-update ko, para lahat ng perang lalabas ay alam ko ang pupuntahan. Nache-check ko rin kung alin yung dapat unahin sa mga dapat kong bayaran.  Gusto ko itong i-share sa iyo para magkaraon ka ng idea kung paano ako nagba-budget.

Budget Pic1

Eto yung link, kung gusto nyo ng copy ng Monthly Budget

https://docs.google.com/spreadsheets/d/1B1hOugxUXOxY_gCjGkxgCyvqtDci5GIl2Sr6nsFEaZ4/edit?usp=sharing

Kung mahirap ang mag-budget, mas lalong mahirap ang mabaon sa utang, mas lalong mahirap yung pagnagkasakit ka or nagka-emergency wala kang madudukot man lang.  Remember, 15 days ang inantay mo para lang sumuweldo tapos mapupunta lang sa wala.  Tsk…tsk… tsk… payo ko sayo – mag-budget ka na.  Now na.

 

My First Investment is Sunlife’s Maxilink Prime

sunlifeLast April 20 2015, I started my first investment and got myself a VUL (Variable Universal Life Insurance).  Simple lang ang dahilan ko kaya ako kumuha ng VUL, tumatanda na ako at wala pa akong savings para sa sarili ko.  Oo, may kanya-kanyang savings account ang mga anak ko na nakalaan para sa kanilang pag-aaral.  Pero ako, honestly wala, napa-isip ako, magkano ba ang magiging pension ko sa SSS pagdating ko ng 60 years old?

Nag-research ako about SSS pension and yung benefits nya.  Base sa mga nabasa ko, sa hulog ko na almost 15 years, ang estimate ko sa aking SSS pension ay around P5400 (based on Sir Ron Magsalin Excel Spreadsheet), tapos ang burial ay P20,000.  Hahaha!  Napatawa at napa-isip talaga ako.  Ano ang mararating ng P20,000 na burial assistance ng SSS kapag ako ay namatay?  Sa totoo lang, ang halaga ng pagpapalibing ngaun ay umaabot na ng 100k.  Ayoko namang ibalot na lang ako sa banig at ihulog sa imburnal.  Isa pa, mabubuhay kaya kaming mag-aama sa P5400 na SSS pension?  Ang papa ko, P1450 monthly pension nya…ganun kaliit, mabuti na lang wala syang mga maintenance na gamot di gaya ng iba.  Hoping sa pag-upo ni Pres. Digong ay papayagan na nya ang 2000 increase ng mga SSS pensioners para naman sa kaunting kasiyahan ng ating mga lolo at lola, or magulang na pensioners na.

Itong sitwasyon na ito ang nagtulak sa akin para mag-research ng pwede kong paglagyan ng pera habang may panahon pa — Imagine 37yo ako nung panahon na ito, 22 years na lang at retirement age ko na.  Mabuti na lang at nag-private message sa akin si Camille, dating kong student na ngaun ay Sunlife Financial Advisor na.  Syempre, lahat ng ideas na binigay niya sa akin about Insurance, Retirement Fund, Protection, Equity Fund, Stocks at kung ano-ano pa, lahat yan ay masusi kong pinag-aralan. Until I decided to get a Sunlife Maxilink Prime.  Pinalagyan ko din ng iba pang riders such as Accidental Death, Hospital Income Benefit at Total Disability para mas maganda ang insurance plan ko.

Ano yung nagustuhan ko sa Sunlife Maxi Prime VUL na ito?  Ito ay Insurance na may kasamang investment na babayadan sa loob ng 10 years.  Ang premium na ibinabayad ko ay may portion na para sa Insurance premium at may portion na Ini-invest para sa napili kong fund which is – Equity Fund. Kumbaga, double-purpose ito: may Insurance ka na,  may Investment ka pa para maka-build ng Retirement Fund.  Ano man ang mangyari sa akin, may maiiwan akong pera para sa mga mahal ko sa buhay.  Dahil VUL ito, may death benefit at living benefit ito. Kung dumating ako sa edad na 60 yo, pwede akong mag-withdraw sa aking fund depende sa aking pangangailangan, basta huwag lang mag-zero balance kasi mawawalan ng bisa ang aking Insurance.  Kung ako man ay biglang matepok, makukuha ng buo ng aking mga anak ang Insurance amount.

Anong paraan ang ginawa ko para maging magaan ang pag-babayad ng premium?  Hindi biro ang halaga ng quarterly premium ko dahil ang Insurance ay naka-base sa edad at trabaho ng tao.  Buwan-buwan, nagse-set aside na ako ng monthly premium ko, tapos quarterly ko sya binabayad.  Ginawa ko rin yung “Live Within Your Means” na natutunan ko sa mga nabasa ko, bawas ng budget dito, bawas ng budget doon.  After na makapag-bayad ako ng quarterly premiums ko, chine-check ko sya online, at doon unti-unti kong nakikita ang retirement fund ko… maliit na halaga pero ang sarap sa pakiramdam.  Alam kong after 22 years, may retirement fund ako na magagamit bukod pa yung sa SSS pension (nawa ay may pondo pa ang SSS pagdating ng panahon), hindi ko kailangang umasa sa mga anak ko para sa araw-araw na pangangailangan ko.  Sa totoo lang, ayokong maging pabigat sa kanila sa pagtanda ko. Kaya ngaun masasabi ko na sa Sunlife may Brighter Life na naghihintay sa akin.

Financial Advisor:  Camille Jenifer Dimaano (Sun Life Financial Philippines)