Philippine Mutual Funds For Beginners How To Start Investing

For the longest time, I’ve been thinking about writing this guide because mutual funds are a good passive income option but they’re not well understood. And when you’re lucky enough to attend free seminars that are provided by investment houses and financial institutions, you could learn so much about financial planning. In this article, I will discuss mutual funds in…

How To Open Stock Trading Account At Philippine Broker

Do you want to own stocks of the Philippines’ largest companies? Would you like to subscribe to initial public offering (IPO), which are shares that are trading on the exchange for the very first time? Heard some people receiving their dividend income from blue chip companies, and you’d like to join the party? In this article, we will talk about how…

Open Bank Account Philippines

How easy it is to open an account at any bank? As you may already be aware, there are many bank accounts that you can choose from and establish. You can start a time deposit, checking account, credit card, unit investment trust fund (UITF), personal equity and retirement account (PERA), long term negotiable certificate of deposit (LTNCD), insurance (bancassurance), loans, dollar and foreign currency…

Insurance Companies Philippines

Here is the list of insurance companies in the Philippines whose licences are renewed until the year 2018 by the Insurance Commission. The list is in no particular order. Life insurance companies Philippine AXA Life Insurance Coporation Allianz PNB Life Insurance, Inc. (Formerly: PNB Life Insurance, Inc.) Pioneer Life Inc. Philippines lnternational Life InsuranceCompany, Inc. Beneficial Life…

Different Types Insurance Need

All of us needs insurance as a way to protect ourselves from unexpected emergency situations. However, there are many types of insurance cover, and I have mentioned a few in my first post about insurance. The list can be overwhelming. Each company has its own product that’s not available in another, making the list even longer. To help you better…

Buying Insurance 7 Ultimate Reasons Getting Insured Can Life Saver

Life is full of surprises. It can throw both the good and the bad in your way. When bad things happen, make sure you are prepared financially with insurance. Here are the 7 reasons why getting insured can be your life-saver. 1. Insurance manages life’s risks. Situations like critical illness, accident and death are life’s…

Faq Frequently Asked Questions Every Pinoy Must Know Life Insurance Philippines

Life insurance is an important aspect of financial planning, but it is sadly the least understood. In the hope that I can help you make your decision on buying one, here are quick answers to frequently asked questions by Pinoys. Can I choose more than one beneficiary? Yes, you can. If I have more than one beneficiary, how much…

Ultimate Guide Choosing Beneficiaries Insurance Philippines

Choosing your beneficiaries is a major decision. When you buy insurance in the Philippines, they are among the things asked from you. You will need to give a name or list of people to be part of your policy. At first, you would think they’re simply a part of the process in getting a life cover. Later on, they…

Insurable Critical Factors Affect Ability Buy Insurance

Insurance companies in the Philippines offer their products to everyone. But that does not mean all can go ahead and buy a policy. That is because of one question. Are you insurable? Insurability Insurability means that you meet certain standards that would allow you to buy an insurance product. Remember that insuring your life is about risks….

Guide Critical Illness Health Insurance In The Philippines

Insurance is an important part of financial planning as a way to build strong financial foundation. It helps prepare for any untoward, trying events in our lives such as sickness or demise by providing financial assistance during the times that we need it. According to the Department of Health, the leading causes of death in the Philippines are diseases related…

ETF Exchange Traded Fund

What if you can have an investment that combines the advantage of mutual fund and UITF and the power of stock trading? It is now possible with exchange traded fund, a relatively new way to earn passive income. What is an exchange traded fund? An exchange traded fund is like a mutual funds (MF) or a unit investment trust fund. It is an investment company…

Grow SSS PESO Fund

The beginner’s guide on SSS PESO fund gives general information about this offering from Social Security System (SSS). But how does the money grow? When you start investing, how do you earn passive income? In what ways can you make the most out of your savings? These are the questions that would be answered in this article. Specifically, there will…

PERA Account

All of us will grow old some day. It is inevitable. And we all look forward to enjoying the latter years of our lives, spending our free time with our loved ones. But are we prepared? If we’re no longer working, who’s going to look after our financial needs? Sadly, the Philippines have the lowest…

PERA Account Earnings

In an earlier article, I talked about how PERA account is a great investment option to prepare for retirement that comes with loads of tax-free benefits. As a voluntary savings program, it is the Philippines’ version of the US 401(k). Employers may even choose to contribute towards it, and you may save up to the maximum limit, which is P200,000 for…