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Young Filipinos are keen on saving money, says survey

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AFP file photo

Young Filipinos are keen on saving money and are interested in the banking sector, a report on the country’s Banking, Financial, Services and Insurance (BFSI) industry showed.

Posted: May 7th, 2014 in Latest Business Stories | Read More »

Are you ready to grrrrrumble?

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Question: I have five years left before I retire. I have time deposit placements that I kept on rolling over for the past five years. Unfortunately, the interest on these time deposit placements has been coming down and it seems that I just end up giving the bank cheap money to borrow. Please help me find a better place where I can invest my money for the next few years or up to the time I retire.—posted on PFA’s “ask a friend, ask Efren” service.

Posted: April 17th, 2014 in Columnists,Headlines,Inquirer Columns | Read More »

The year that was

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It’s Christmas Day and in just a week, we can officially say goodbye to 2013. It is thus an opportune time to do a recap of the year that was, and may I say that this year has been a truly eventful one, to say the least.

Posted: December 24th, 2013 in Columnists,Headlines,Inquirer Columns,Money | Read More »

How to survive a stock market crash

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Question: I bought some stocks a few months ago and I have been losing since then as stock prices continue to fall. I still have extra cash to invest but I am not sure if I should buy more or I just keep it in the bank. What should I do?—Leedee Lopez by e-mail.

Posted: August 28th, 2013 in Columnists,Inquirer Columns | Read More »

Filipinos as money ‘experts’: Clueless on bonds, stocks, loans

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The government posted a budget surplus in August as revenue collection grew by a much faster pace than expenditures.

One out of every five Filipinos from the middle to upper income groups claims to be an “expert” in money matters. But a global insurance giant recently found that members of these classes perform poorly in a basic financial literacy quiz.

Posted: June 28th, 2013 in Latest Business Stories,Personal Finance | Read More »

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