Bank of the Philippine Islands is set to roll out this week a new unit investment trust fund (UITF) that will track the main-share Philippine Stock Exchange index, riding on strong investor appetite for equities.
Now that I am in the stock market, how do I know if I am earning enough? What measures do I use?—Participant at EnRich CD-RW personal finance training
“Can we still invest?” That’s a question you often hear these days. The stock market has been on an extended run-up, reaching new highs almost every other day this year.
In what may be considered a sign of the growing maturity of Filipinos in handling their excess income, the amount of money held by banks in their trust accounts has, of late, reportedly reached some P3 trillion.
Scriptwriters and finance experts share a common trait: They are imaginative in the choice of titles and plots for their crafts.
Filipino consumers have improved their financial quotient (Fin-Q), or financial well-being, as more and more citizens now understand the value of budgeting, retirement planning and saving, a new Citibank research showed.
I have heard a lot about the benefits of investing in mutual funds. But I do not know where to begin. Can you give me advice on the process of choosing a mutual fund?—Sent through Ya!man mobile app’s “Ask an Expert”
Question: Where should I put my money? In a bank, property, business or stocks?—Miccael Ibarra Naig via Facebook
Question: As a full-time real estate broker, I am always on a feast-and-famine cycle. No matter how much I budget, I can’t seem to stretch my income until the next sale. I managed to invest in a taxi that’s now fully paid, but the daily income is not enough to pay bills, especially with two kids to send to school. Do you know of a financial program or investment scheme I can avail myself of where there is feast so that I avoid famine—something like a salary or regular income from investment?—Submitted via Facebook
Question: Many are optimistic that the stock market will continue to be bullish this year with the index likely to reach an all-time high of 6,500. While this is definitely good news, I am beginning to feel uncomfortable as share prices are already very high. I am not sure if I should buy more or start selling at the current level. Can you advise me?—Gigi F. by e-mail
Question: I have tried the many personal finance lessons I’ve read about in the past months. While many of them make a lot of sense, I realize that practicing personal finance lessons is as much behavioral as it is technical. Do you have any suggestions on how to apply these lessons from the behavioral side?—Makati-based employee looking for effective personal finance solutions
I have time and again found myself buying stuff that I don’t really need because of sales offers and gimmicks, especially during the Christmas season. What is the best way to avoid unwanted spending?—Heavy holiday season shopper
