Book Review: You Won’t Get Rich in the Stock Market Until You Change the Way You Think About It – by Andrew Stotz

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.

You won't get rich in the stock market until you change the way you think about it by Andrew Stotz
You Won’t Get Rich in the Stock Market Until You Change the Way You Think About It by Andrew Stotz. Image from Andrew Stotz

 

Here’s what’s good about the book:

Continue reading Book Review: You Won’t Get Rich in the Stock Market Until You Change the Way You Think About It – by Andrew Stotz

Distinguish Between Legitimate Multi-Level Marketing and A Pyramid Scam – Pinoy Style

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.

Here are the eight questions:

Continue reading Distinguish Between Legitimate Multi-Level Marketing and A Pyramid Scam – Pinoy Style

The Common Investor Asks – Despite Very Good Financial Results, Why Did The Stock Price of Apple Inc. Plunge?

On July 21 2015, Apple Inc. reported very good financial results for the recent fiscal quarter. The company’s financial performance actually beat analysts’ estimates. Apple Inc. earned USD 1.85 per share (1.81 analysts’ consensus estimate), and had revenues of USD 49.6 Billion (up 33% from last year and better than the 49.4 Billion analysts’ consensus estimate). Following the announcement, the stock price plunged by around 7%. The common investor asks – how did this happen?

Apple Inc. logo
Apple Inc. reports better than expected earnings but stock price tumbles… The common investor asks – market, why did you react that way? Image from Apple Inc.

 

Wall street types may know what’s going on, but the common investor may be scratching his head. I had a conversation with one such investor and tried to explain things the best I can in the simplest way possible.

Continue reading The Common Investor Asks – Despite Very Good Financial Results, Why Did The Stock Price of Apple Inc. Plunge?

To a Sabbatical and Back

I disappeared from my blog for about two months. Before I left, I was posting almost everyday – which got less frequent as I was about to disappear. I got burned out with blogging. How did it come to that point?

Keep Calm and I'm On Sabbatical
Technically I’m still on a sabbatical, but I’m slowly emerging from it. Image from http://sd.keepcalm-o-matic.co.uk/

Continue reading To a Sabbatical and Back

Chinese New Year: Investment and Money Tips for The Year of The Goat

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.

 

2015 Year of the Goat
Goats and sheep are totally different creatures, but that’s not important, right? Image from fengshuiben.blogspot

 

I searched online for feng shui experts, those who are usually hired to advice business executives and financial professionals on money matters. Here they are and what they had to say.  Continue reading Chinese New Year: Investment and Money Tips for The Year of The Goat

Awesome Wedding: When the Bride Sings “It’s Not About the Money, Money, Money…” at the Reception to Set Things Straight With Her Groom’s Guests

Many people marry for love. Some people marry for money. It hurts though when you marry for love and people wrongly assume you’re marrying for money. What do you do and how do you do it? Set the record straight at the reception in grand style by singing “It’s not about the money, money, money” – from Jessie J’s Price Tag.

It's Not About The Money
“We’re paying with love tonight”. Image from careergirlnetwork.com

 

Three years ago. I attended the wedding of a friend. My friend, the groom, is rich, while his bride came from a simple background. Continue reading Awesome Wedding: When the Bride Sings “It’s Not About the Money, Money, Money…” at the Reception to Set Things Straight With Her Groom’s Guests

Deconstructing the Dunkin’ Donuts 3-3-12 Promo: How Much Did I Save and Why Dunkin Benefits More From the Deal

In this post, I am not just going to calculate the discount from a run-of-the-mill Dunkin’ Donuts food promo (because that would be too easy), but also try to connect it to the concept of self-interest and the invisible hand. By the way, this is NOT an advertorial. This is a legitimate post y’all.   I love donuts and I love promos more. Upon entering a neighborhood Dunkin’ Donuts (DNKN:US see latest stock quote), I planned to take out one – or maybe two – donuts home. However, I saw this poster.

Dunkin Donuts 3-3-12 promo
Is this really a great deal? Poster of Dunkin’ donuts 3-3-12 promo. Image from official Dunkin’ Donuts Philippines twitter account

The franchise owner for Dunkin’ Donuts in the Philippines is Golden Donuts Incorporated. The promo price for this box of donuts is PHP 199 (USD 4.51). If I buy the donuts separately, this is what I’ll have to pay:

  • 3 premium donuts – PHP 35 each – total of  PHP 105
  • 3 regular donuts –     PHP 20 each – total of PHP 60
  • 12 munchkins –          PHP 4 each  –  total of PHP 48

Separately, the donuts cost a total of PHP 213, so there’s a savings of PHP 14 (USD 29 cents) or 6.6% with the promo. In my opinion, that small a discount is not really a good deal. Continue reading Deconstructing the Dunkin’ Donuts 3-3-12 Promo: How Much Did I Save and Why Dunkin Benefits More From the Deal