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.
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:
When some Multi-Level marketing (MLM) companies are accused of being illegal pyramid schemes, their first defense is to say that they have products to sell. They’ll even boast that these are high quality products that justify their often very high prices. But what if they are the same products sold by other currently operating and failed MLMs?
Who are the product suppliers for these MLM companies? Here’s one of them:
Moringa Mountain Trading – major product supplier of MLM companies?
Multi-Level Marketing (MLM) is a legitimate business strategy. However, many scammers have been disguising their pyramid scams as MLM companies . How can a potential investor distinguish between a legitimate networking company and an illegal Ponzi scheme?
Gotcha! If the word “investment” is used by the company, and you are called an “investor”, those are initial clues that it might be a Ponzi scheme. What are the other things you need to watch out for?
The Direct Selling Association of the Philippines (go see their website here) has come up with an eight-point test in distinguishing between a legitimate MLM company and an illegal pyramid scheme (most likely disguised as an MLM). ALL eight questions must have “YES” answers for a company to be evaluated as legitimate.
One of the hospitals I work for proudly displayed the Superbrands seal in its posters when it was awarded one years ago so I assumed then that this award was totally legit and prestigious.
Fast forward to 2015 and here are the awardees:
One of the brands awarded above was the subject of three advisories (cease and desist orders for alleged investment related “modus operandi”) from the Securities and Exchange Commission (SEC) Philippines.
The three advisories were issued against that brand in February, March and April 2015. Superbrands handed out its awards May 2015 (see image above). Wow! How did that happen?
Kung Hei Fat Choi! Today, February 19 is the start of the Year of the Wooden Goat / Sheep / Ram according to the Chinese Lunar Calendar. In this post, I will list some investment and money tips from experts in Feng Shui and Chinese Astrology.
On Valentine’s day, Michele Ferrero, Italy’s richest man, and the creator of Nutella, one of the world’s most loved bread spreads, died at the age of 89. In other news, another iconic spread, Vegemite, is still hated the world over.
February 14 is Valentine’s Day; when lovers celebrate their love, and when companies sell to these lovers all sorts of merchandise and services. What about singles? November 11 is Singles’ Day. Even companies get their turn to make money off singles.
Wait, isn’t there a Singles’ Awareness Day which is celebrated also on February 14? This serves as an alternative to people who are not in a relationship. Why is it called Singles Awareness Day? This might be the answer: