2010 Financial Goals
1. Rebuild Emergency Fund by Saving Automatically - The emergency fund that my honey and I tried to build in 2009 went away thanks to our future home. Fortunately, we were also saving automatically by setting aside a certain percentage of our gross monthly salary. By the end of 2009, our emergency fund would amount to [...]
How Healthy Are Your Finances?
I have been reading Single Ma’s posts a lot recently and came across a financial assessment tool from CNN Money. So I took the test, answered the questions, and got a grade of “B”.
I must admit that I am no financial expert but I think this assessment tool set the bar too high that maybe [...]
Another Missed Opportunity
First Metro (my online stock trading broker) has announced that Ayala Corp. Preferred Class “A” Shares are being offered at P500.00 per share at a fixed dividend rate of 8.88% per annum. I am not familiar how this works. All I know is that an annual dividend rate of 8.88% is quite high (especially when [...]
