Category Archives: Plan

G.Y.M. Seminar: Collective Investing

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Taking advantage of the muscle instead of doing your own hustle is essense of collective investing. By pooling of resources, one gets and should get benefits that one will not get if one stands or invests alone. BAKAS is a common term and action among Filipinos similar to BAYANIHAN. In personal investing; BAKAS or BAYANIHAN or pooling; collective investing is almost but a must.

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Learn similarities and differences and what is right for you among

  • Mutual funds

  • UITFs

  • Insurance-linked investments via VULs and others.

  1. Investing Basics & Rules

  2. Collective Investing: What, Why & How

  3. Types of Collective Investing: Which One(s) For You?

    • Mutual Funds

    • Unit Investment Trust Funds

    • Insurance-Linked VULs

    • Others i.e. coops?

  4. Investment Strategies

  5. Where to Invest?

Mutual Funds

Unit Investment Trust Funds

Insurance-Linked VULs

Others i.e. coops

Join us this September 19, 2015, Saturday, 9am to 12nn or 2pm to 5pm!

LEARNING FEE: PhP 4,000.00

For more information please call:

 Ms. Gilda Bumatay

(+63) 917-863-2131

(02) 6373741 or 31

or Email us at: training@colaycofoundation.com

 

Pera Mo Palaguin Seminar on Aug. 15, 2015

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Pera Mo Palaguin Mo Seminar on August 15, 2015 ay gaganapin sa aurumOne hotel, Makati. Ito Ang iyong gabay sa legal at tamang pamamaraan ng pagpapalago ng pera.

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Wag Mag pahuli! Magparehistro na! Tumawag lamang sa  637.3741 o magtext sa 0917.863.2131.

Para sa karagdagang impormasyon tumungo lamang sa www.colaycofinancialeducatiom.com

See you there!

 

 

Pera Mo Palaguin Mo! Public-service Radio Program

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Makinig, Magtanong at Matutong magpalago! sa DZXL558-Pera Mo Palaguin Mo

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Pera Mo, Palaguin Mo! Radio Public-service program is hosted by Francisco J. Colayco and co- hosted by Mr. Armand Bengco. The show is an hour long learning program that focuses on the 5 fianancial activities of an individual(earning, planning, saving, investing, spending).

Pera Mo Palaguin Mo! airs every Monday 11:00am – 12:00nn in Radio Mindanao Network’s DZXL558.

Watch Via Livestream

Like Us on Facebook

 

 

 

Your Bank Should Be Helping You

Plan, Save

Many times, when you go to the bank, you are intimidated or forced to do something that you don’t really want to do. One type of force is not to be able to do the transaction you want to do because you are afraid or shy or any other reason.

This is usually the case when you don’t really have much money. You want to go to the bank but you are afraid that you will be turned away. In such cases, you are probably better off going to the smaller savings or rural banks within your community.

The other type of force is when you are convinced to do transactions that you don’t really need. If you have some money, this is what could happen to you since the bank people know you have money and they can offer you all kinds of bank products. If your assets are considerable, you should choose a bank that has many products that you can choose from. However, be very careful that you are not in a situation that the banker is actually able to “sales talk” you into products that is not best for you.

Actually, part of your banker’s job is to sell the products of the bank. These products of the banks include deposits and other services for which the bank earns income. For clients who have the right requirements for loans, bankers are always eager to provide the service. The bankers get good bonuses if they are able to convince their clients to use the bank and it’s products.

Want to know more? Click here to read the rest of the article.

– See more at: http://www.goodnewspilipinas.co/your-bank-should-be-helping-you/#sthash.itgCj0Zc.dpuf

Hounded by Credit Card Collection

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by: Francisco J. Colayco

*first appeared on Good News Pilipinas on December 2, 2013

Many are now preparing for Christmas and it scares me how many people are so deep in credit card debt. The narration of the story of JP is already something that I am sure many of our readers will want to pay attention to.

There are so many like JP who come to ask for advice. JP thought I was a lawyer and gave many details that it will take two articles just to cover her story. I removed the names of the banks and the people she named. My advice will already be in Part 3.

“Have read your article on the internet, CREDIT CARD DEBT which was published last July 22, 2008. I would like to seek an assistance po sana sa inyo, same as others I’m also a credit card defaulter. Honestly speaking I have 11 credit cards now out of 11, 3 cards are now on AMNESTY PROGRAM but remaining are over due and now under the COLLECTION AGENCIES.

Bacause I’m the breadwinner and my husband is unemployed for about 1 yr and a half, gipit na gipit po kami financially kaya di po ako nakakapag-settle ng mga CREDIT CARD AND LOAN OBLIGATIONS ko. As I have signed a contract/promissory note for 3 AMNESTY PROGRAMS, natatakot po ako na makasuhan kasi di ko po na-meet ung monthly dues na dapat bayaran dahil sa insufficient funds though nakakapagsettle naman po ako kahit papano para at least eh maging updated yung mga accounts ko at makita ng banks na I’m willing to pay my obligations un nga lang eh di ko na-meet ung dapat because of short funds.

Other cards that I have po are the following:

  1. ABC Bank (2 credit cards), I’m afraid po kasi as per agent before these were already cancelled and they will file legal case against me kasi di ko po nabayaran yung dues ko. Although, nag-offer po sila sakin before ng RESTRUCTURING PROGRAM eh di ko naman po kayang bayaran ung minimum dues na pinapasettle sakin dahil sa kakulangan po sa pera. (Ako po kasi ang gumagastos sa lahat sa bahay, and I have a 6month old baby kaya kulang po talaga ang 4,000-5,000 (range) na sahod ko 15th and 30th).
  2. DEF Bank (credit card and pre-approved loan), as per their DEF Bank Manager pag di ko po sya na-settle (minimum dues 7,000) until tomorrow eh they will file a case against me. Based po sa conversation namin over the phone, I will try po my best na makakuha ng funds pero about 40% lang kasi di ko naman po sure kung makakakuha talaga ako pero he’s not accepting my answer dapat daw eh 100% makakuha ako kundi eh i-note nya na i-abandoned ko na ung account ko na grounds for legal case. He will call me tomorrow for updates and he will not accept any excuses.
  3. GHI Bank (credit card) – now under JKL Collection Agency and as per text need to pay minimum dues in order for my account to qualify in the RESTRUCTURING PROGRAM. Gusto ko po i-grab ung program un lang po eh wala po akong pera sa ngayon dahil kulang po itong sinsahod ko para sa pamilya ko.
  4. MNO (credit card and loan), now credit card is under COLLECTION DEPT while loan is under PQR LAW OFFICE though pinapabayaran lamang po ung minimum dues out of total dues eh di ko po kasi kayang bayaran sa ngayon (2,000card+2000loan) dahil nga po sa kakulangan sa pera at for endorsement na po ito sa legal meaning they will demand po ung full amount (loan).
  5. STU Bank still active po pero di pa po ako nakakabayad ng minimum dues dahil din po sa kakulangan sa pera.
  6. VWX BANK – with outstanding but not yet under collection dept.
  7. YZA loan – under BCD Collection Agency and need to update my account.

Sana naman po eh matulungan nyo po ako sa problems ko both in credit cards and loans dahil sobrang hirap na hirap na po ako mentally, physically and morally. Everyday they (collection agents) are calling me and asking for receipt of payment eh wala naman po akong magawa kasi ang totoo po eh wala po akong pera sa ngayon at di ko po kayang magbayad ng utang. Some agents naman po eh okay at courteous kausap pero some po eh talagang nag-threathen sakin. Nagsasabi na I’m not professional, na napakinabangan ko daw ung pera pero di ako marunong mgabayad, na nananakot na may personal visit sa office at sa bahay at Lawyer na lang ang kakausapin ko at di na BANK mismo. 7months na po akong natatakot, di makatulog ng maayos, may takot sa dibdib at para po bang and tingin sa sarili ay sobrang baba na dahil sa mga naranasan ko.

Hopefully po eh mabigyan nyo ko ng advise kung ano po ang dapat kong gawin.

Maraming salamat po, at naway ma-receive ko po ang response nyo soonest.

Want to know the answer? Click here to find out

Kabutihan Kapag Kinakalat ang Puhunan

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Simple lang naman ang paraan ng pamumuhunan sa mga MF at UITF. Bibili lang ng mga parte sa kanila. Pero nag-iiba-iba ang presyo ng mga parte bawat araw. Ang presyong ito ay nakasaad bilang Net Asset Value (NAV) ng bawat parte. Saka lang talaga kikita kapag ibinenta na ang mga parteng sa mas mataas na NAV kaysa sa pagkakabili. Nitong nakaraang limang taon, kung titingnan ang takbo ng mga magagaling na mutual funds, tumaas ang halaga ng equity funds ng 12 hanggang 19 porsiyento kada taon; ang balanced funds ay tumaas ng 10 hanggang 13 porsiyento kada taon; at ang bond funds ng 4 hanggang 9 porsiyento kada taon.

Kapag naglagak ka sa MF at UITF, mas mababawasan pa ang panganib ng pagkalugi kung ikakalat ang iyong puhunan. Huwag ilagay lahat sa iisang MF o UITF. Isa pa, pipiliin lang ang sampung pinakamaayos ang pagpapalakad at pinakamalaki ang kinikita. At kung malaki-laki rin lang ang pera, ilagak ito sa iba’t ibang klaseng funds. Halimbawa, imbes na ilagay lahat sa isang equity, o fixed-income o balanced funds, hati-hatiin ito — ang isang bahagi ay ilagay sa equities, ang isang bahagi sa fixed-income funds at ang natitirang bahagi sa balanced funds.

Ang UITF ay bago pa lang sa Pilipinas. Pinatatakbo ito ng isang trust institution, na kadalasa’y isang bangkong may trust license. Hindi lahat bangko ay may ganitong lisensiya. Pinalitan ng UITF ang Common Trust Funds (CTF) alinsunod sa mga patakaran sa ibang bansa. Kaya nga wala na ngayong CTF.

Ang mga trust company ay hindi talaga bahagi ng bangko, kaya ang UITF ay hindi itinuturing na “produkto ng deposito” at sa gayo’y hindi ginagarantiyahan ng Philippine Deposit Insurance Corporation (PDIC).

Ang kinikita lang ng mga trust company ay ang bayad sa paghawak at pamumuhunan nila ng pera, kaya’t obligasyon nilang ibigay sa kanilang mga kliyente lahat ng kinita ng pondo. Kaya nga kadalasan, mas mainam pang maglagak ka ng pera sa trust fund kaysa sa savings account o time deposit sa bangko.

Bisitahin ang www.colaycofoundation.com para sa schedule ng aming mge seminar!

Spending on Gadgets and Insurance

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According to a study from an insurance company, Pinoys prioritize buying gadgets and insurance equally. But why? What are the factors that come into play? And what does it say about our manner of prioritizing needs and wants?

Here’s Armand Bengco, our Executive Director at Colayco Foundation, to talk about the matter:

Want to watch more videos on personal finance? Visit www.pisobilities.tv today!

Mga Puwedeng Paglagakan ng Maliit na Puhunan (Part 2)

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ni: Francisco J. Colayco

*unang lumabas sa Bulgar noong ika-13 ng Agosto, 2009.

Ang direktang pamumuhunan sa stock market ay dapat ipinauubaya na lang sa mga eksperto. Sa MF at UITF, sigurado kang merong mga magagaling na tagapamahala ng pondong walang tigil na binabantayan ang mga parte at seguridad sa kanilang portfolio. Alam ng mga ito kung saan dapat ilagak ang pera mo.

Mas malaki ang kikitain ng perang sa MF at UITF dahil ito ay nagko-compound. Ang ibig sabihin, nadaragdagan at naiipon ang kinikita nito. Halimbawa, ang tubo mula sa pagbebenta ng mga equity o fixed-income security ng MF o UITF ay muling ibinibili ng bagong mga equity o fixed-income security para sa parehong MF o UITF. Kaya kapag ibinenta na ang mga parte sa kanila, patung-patong na ang kinita ng ipinuhunan.

Ang maganda pa, ang mga stock at seguridad na pinamumuhunanan ng MF o UITF ay pinapatawan na ng final withholding tax, kaya’t hindi na kailangang magbayad ng dagdag na buwis ng mga namumuhunan sa kanila. At hindi lang ‘yun — madali pang ibenta at gawing pera ang MF o UITF. Kahit anong oras ay maibebenta ito sa kasalukuyang presyo sa merkado.

May tatlong klaseng MF at UITF equity o stock fund, fixed-income o bond fund at balanced fund. Ang equity fund ay kadalasang ipinupuhunan sa stock market kaya mas malaki ang kita pero mas malaki rin ang panganib. Ang fixed-income fund o bond fund naman ay karaniwang ipinupuhunan sa mga Government Securities at iba pang fixed-income securities kaya mas mababa ang kita pero hindi rin naman ganoon kapanganib. Ang balanced fund naman ay hinahati — ang kalahati ipinupuhunan sa stock market at ang kalahati’y ipinupuhunan sa bond funds o fixed-income funds. Katamtaman lang pareho ang kita at panganib dito.

Ang bawat MF at UITF ay may kanya-kanyang layunin sa pamumuhunan at kanya-kanyang mga patakaran at kundisyon. Mas mainam kung kakausapin muna ang mga namamahala para malaman kung umaayon sa sarili layunin ang layunin ng MF o UITF na pamumuhunanan bago maglabas ng pera.

Dapat ring malaman na hindi kikita ng interes o makakokolekta ng dibidendo habang nakalagak ang pera sa MF o UITF. Kikita lang talaga kapag ibinenta na ang iyong mga parte o shares. Ang pinagkaiba ng presyo ng NAV noong binili ang iyong mga parte at kapag ibebenta na ang halaga ng iyong kinita o nalugi.

Sali na sa aming Investability: Mutual Fund seminar sa ika-20 ng Setyembre, 2014. Mag-click lang dito para sa karagdagang detalye.

How to Find Your Passion

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by: Francisco J. Colayco

*First published in Good News Pilipinas on August 5, 2013

You might recall my advice to people choosing the best business for them. One main factor is the need for “passion” for the kind of business they choose. As time passes, I begin to see more and more how his word “passion” can be misinterpreted or misunderstood.

Let’s look at this further by understanding some ways you can follow in determining your passion. Remember that you are looking at your passion that can be your business.

You can ask yourself the following questions. You will surely have a long list and you will not know everything in one sitting. It will take days, even weeks and months. Keep a diary. Take notes and review what you have written each time you add an entry. Maybe, you will cross out some items as you come to know yourself more each time.

  1. What is it that you really love to do and seem to be good at it? Let’s take the example of cooking. Let’s say you love to cook and are happy doing it. People say the food you cook really looks and tastes good. So let’s say you think that cooking is your passion.
  2. If you in succeed doing it, will you be so proud of yourself? In the case of cooking, each time you are able to make a special dish you are particularly proud of yourself. You practice so often so as not to make any mistake. Your self-pride increases as you continue your love for cooking. Still good for the example that cooking is your passion.
  3. If you do something the complete opposite, will it destroy your self-pride and cause you strong embarrassment? Still in the case of cooking, when you prepare a dish that is really bad, do you say it is because you are not practicing enough? Or is it really embarrassing because your level of expertise clearly is far too low from where it should be? If your standard for excellence is low that you are willing to accept major lapses in your skill, then perhaps, cooking in this example, is not your passion.

Want to know more? Read the rest of the article by clicking here

When Will You Decide You Made a Wrong Investment?

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by: Francisco J. Colayco

first published in Good News Pilipinas on October 14, 2013

Believe it or not, most investors invest without clearly defining what they expect to gain, what they need it for and when it should happen. For many people, “Hope springs eternal” because their focus is just in earning the gains. Having clear targets with specific timetables is the best guide in tracking investments.

In the first place, before you make an investment, you have to study how your money will be used to generate income and grow in value over time. In the process, you must also study and understand the attendant risks that could cause losses. It could be a bank deposit or a bond or a mutual fund or real estate or a car or anything that you will put out money. You have to look at all documents and study them carefully. Ask advice if necessary but please do not ask advice without having studied first. It is so sad and frustrating that many people want to be “spoon-fed.” This means that they don’t even want to study. They just want to be told what to do. Unfortunately, when you do this for your money, you could be in trouble.

You cannot depend on anyone except yourself for money issues. If you insist on depending on someone else, you are taking a very serious risk. No human being knows everything and the person you depend on, even myself who you probably think already knows a lot about money issues, is certainly limited. So, my advice is that you really have to educate yourself. Read books, articles…take seminars, listen to talks and do everything you can to learn.

 

Want to read the rest of the article? Click here