I am a physician, currently practicing as an Anesthesiologist. My other passions are finance and investments. As of 2013, I have passed all three levels of the Chartered Financial Analyst (CFA) exams, all in my first attempts. I received my Masters of Business Administration degree in 2008. I received my certification as a securities specialist from the Philippine Stock Exchange in 2009.
Anyone who predicted the death of printed books years back in lieu of e-books are probably scratching their heads in disbelief. Ebooks and their various formats (Kindle, iBook, etc) have not killed traditional print. In fact, print has made a resurgence in recent years.
Last week, the 36th Manila International Book Fair (Facebook page here) was held at the SMX Convention Center in the Mall of Asia (MOA) complex in Pasay City, Philippines.
Print books were the main attractions of this book fair. How did the fair do? Did it succeed or flop?
For over a week now, I have been exclusively using Uber to get to work. I have a car – but traffic congestion, bad weather, parking costs and space unavailability, corrupt traffic policemen, road rage drivers, accident prone roads – have discouraged me from driving. Since I’m a doctor who take frequent car trips daily, Uber makes a lot of money from me.
This had me thinking – How can I turn the tables and make money from Uber or Grab Car?
Is it wise to invest in a car for Uber or Grab Car use?
Social media is in everything this days, even in finance and investments. Unfortunately, finance related stuff doesn’t really trend in social media; at least here in the Philippines. The hashtag #ParaSaEkonomiya (For the Economy) is often used these days, but most of the posts don’t really relate to the economy. Sadly that hashatag has become a punchline.
Beginning with this post, Finance MD will regularly feature social media posts related to Philippine finance and investments. #ParaSaEkonomiya indeed.
First up is the petition against the new Bureau of Customs rules on “Balikbayan” boxes. Why are a lot of people opposed to these new rules?
The markets are not doing good right now. The Philippine Stock Exchanged (PSE) just experienced “Bloody Monday” on August 24 (news here). A down market doesn’t necessarily mean that it is already in a bear phase. Unfortunately, there are investments that have already entered bear territory in 2015,
For new investors, I suggest reading investment related books. Unfortunately, many of the books available are either thick, difficult to understand textbooks or self-help, motivational, “get rich now” books that offer no real-world value.
That’s why it is a joy to come across a book that reaches out to new investors, that uses simple terms, and that doesn’t promise the reader that he will be on the expressway towards riches or financial freedom.
Kentucky Fried Chicken (KFC) Philippines always have great meal deals going on. Why are people drawn to combo meals? There are savings when you buy a combo meal than buying all the components ala carte. Savings from a promo is a very important factor in purchase decisions.
However, the computations that KFC uses for what you save with its meal deals are confusing and inconsistent.
Here is one of the deals being heavily promoted recently by KFC:
KFC Spaghetti Party Bucket
Do you only really save PHP 70 with this combo instead of buying everything separately? KFC messed up the computation on this one. Here’s why:
Celebrities Dennis Trillo, Tom Rodriguez and Daniel Matsunaga promote GoldXtreme, an Multi-Level Marketing (MLM) company, that is a subject of a Securities and Exchange Commission (SEC) advisory against illegal investments.
In your opinion, why do you think these celebrities are promoting GoldXtreme? Type your answer in the comments section
A. They think this is legit, and they are probably investors themselves