Tag Archives: Investing

Am I an IMG Member and What is IMG (International Marketing Group)

26 Saturday Jun 2021

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Am I an IMG Member and What is IMG (International Marketing Group)

I am explaining in this video that I am an IMG member and what is my present condition as an IMG member.

IMG Vision:

To Build and Provide the Best Business Opportunity in the World IMG Mission: To Make a Difference and Help Create Wealth for Families. No Family Left Behind IMG: The Total Financial Solution What is IMG International Marketing Group is one of the few companies of its kind in the industry today – a marketing company that is dedicated to serving the financial needs of individuals and families from all walks of life. International Marketing Group’s independent associates do not just work with clients who have large amounts of discretionary income – instead they work with everyday people helping them make critical financial decisions that help move them from where they are to where they want to be. International Marketing Group is one of the biggest and fastest-growing financial distribution companies in the US, Canada, Taiwan, Hongkong, Philippines and going worldwide. IMG has established agreements with many of the world’s leading financial services companies to provide us a broad array of financial products & services. IMG will help you comply accreditation and licensing requirements of all its Product Provider Companies. Multiple companies (Multiple products) will help you get the best product…Best service … Highest Rate Of Return…. Diversify investments, etc.

OUR MISSION

To Make Your Family’s Dream into Reality. We are committed in helping families achieve their dreams, through our business opportunity, as well as our products and concepts.

OUR VISION

To Lead the Financial Revolution International Marketing Group is positioned to become the no.1 marketing company to deliver investment products & concepts to the average people on a grand scale.

Steps on How to Start Investing in Stock Market as an OFW

27 Saturday Jun 2015

Posted by in How To

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Are you an OFW and you want to start being involve in Stock Market? It was 3 years ago when I started investing via Stock Market and at that time I am really enthusiast to be involved in investing, but I don’t know what to do. So if you were in the same position as I am 3 years ago, this post might help you.

So if you were in the same position as I am 3 years ago, this post might help you.

Be informed that It is mandatory that the documents we need to submit into the broker (a company that will deal with different big companies on your behalf) are original documents, This document shall  have our original signatures and original forms filled with your responses. Before submitting those documents, it would be better to send the scan copy of all the documents to your brokers. Before starting your application please make sure that you know the following details:

  • TIN Number
  • Bank Account Details (This is where they will deposit your money upon withdrawal)
  • At least 2 ID’s with your signature (Passport could be one of them)

So here are the steps that you need to do:

  1. Download the forms from your brokers
  2. Scan your ID’s
  3. Fill up all the forms and Scan the documents (Make sure your signature in the form is the same as your signature shown in your ID)
  4. Send the scan documents with all your id to your broker
  5. Wait for their reply and approval of all your documents
  6. If there are any comment, rectify the comments and then send again through email for checking.
  7. If everything is fine, send the documents via courier.
  8. They will give you an account
  9. Upon receipt of your account details, you may now load up your account with money via bank transfer or remittances. The money that you have deposited can now be used to buy stocks from different company.

So that’s it, when your deposited amount is loaded in your brokers account, you may start buying stocks of different company. Hope this simple instruction can lead you to your investing journey.

Start Investing As Early As Possible

19 Sunday Jan 2014

Posted by in Personal Financing

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Asset.jpgDid you know that you are losing potential gain every time that you delay your investing. This is what I regret in doing 10 years ago. I just started investing about 2 years ago, and I told myself that I should have done this the first time I had my salary. I had wasted lots of potential gains for the last 8 years buying unnecessary things that easily depreciate. I mean buying high tech mobile phones and Laptop including accessories. I have also paid lots of interest to the credit card company because I do not know how to handle my finances.

Some say that it’s not good to invest this year because the market is down, if you would like to ask me then I think it is a good time because after some time, market will definitely go up, then the shares that you bought low can be sold high which could turn into high profit.

It’s a matter of starting and studying. Whenever you started investing and study about it’s in and outs you will definitely make it a habit.

Investing is not only for rich people, it’s for wise people. Wise enough to think about the future. Actually most of the rich people have invested time studying the market and studying the pros and cons of the market. They read a lot of books.

For me, I would like to retire happy and do whatever the Lord wants me to do in His ministry.

Just a reminder don’t be too focus in richness because it will lead to greed. Always remember that the God controls everything. Either Market up or Market down our Lord does not change and so are you. Happy Investing.

Learn to Start Investing

17 Monday Jun 2013

Posted by in Personal Financing

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One day when I was discussing about Financial Literacy in one of my colleagues, he told me that he doesn’t want additional insurance or any other investment because he have already invested in a reputable company. When I asked about his policy he cannot tell me anything about his investment in that particular company, what he have told me is that he is pretty sure that he will earn.

The next question I ask him was when did he think that he will earn from that investment and the answer was he did not know all he knew was he will earn because his friend invested in the same company and later earn more than 50% after 2 years.

It is so sad to know that there are lots of sales agent whose mission is just to sale, they don’t care if their client knows the risk that they are going to face. There are lots of sweet talk from different agent.

As an investor we need to know the specific details on how a certain company will make our money become bigger. We also need to know the risk that we might face after investing. We need to understand that there is NO risk free investment.

We need to ask everything from the sales agent, and if he cannot respond it only means that he/she is not the right person to advise you about the particular investment. But still give him a chance to ask his superior maybe his just new, but if he cannot answer it with in one day that means his support is weak.

We need to be wise in investing our hard earned money. Don’t make your friendship, family relationships, and church relationships as your basis of investment. You need decide after knowing the ins and outs of your investment.

In investing we need to have some goals, it is why you need to know the estimated time frame of growth of your investment.

This morning my youngest son, Daniel, 6.5 years old, gave me 1 Saudi Riyal (11 Php), he told me that he want to start investing like his older brother. I asked him about his goal and replied “ What is goal” and after discussing with him the meaning of goal he understood and told me that he want to buy his own Nintendo DS next year.

One Saudi Riyals

I am glad that at a young age my son is starting to understand the idea of investing. He understood that in order for him to get what he wants, he need to sacrifice a portion of his daily “baon” and stop buying some of his wants.

So if my son got the idea and decided to start savings, I challenge you to act and move to start saving for your goals.

How Can I Start Investing if I am in Huge Debt?

25 Thursday Apr 2013

Posted by in Personal Financing

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Debt ManagementThe question mentioned in the title, is a common question from readers of this blog as well as messages from my Facebook Page and personal account.

When people started learning about Financial Literacy, they want to start immediately. NEWS that they are hearing as well as different comments that they are reading in the forums triggers them to do so.

Many want to start immediately but due to their debt they think they cannot start investing.

Did you know that you could start investing indirectly even in debt?

Let me explain what I mean with that statement. Well this is how you start investing even in huge debt.

First Pay off your debt, paying your debt is like investing, just imagine if you have paid off your debt earlier than what you expect, you have already earned those interest that was supposed to be given to whom you are in debt.

You can do this in two ways, either increase your cash flow or decrease your expenses. Know the priority.

When everything goes well. It only means that you have already earned from paying off your debt by not giving more interest.

As an example, if you are in debt of Php 100,000 with 20% interest per year. And you paid the Php 100,000 earlier than 1 year let say 6 months, the effective interest will now only become 10% of the capital (20%/12 * 6). So you save the 10% interest which is supposed to be given as part of the interest for the whole year.

Next, since you have already made a decision to pay your debt chances are, you have change your lifestyle and learn about delayed gratification.

Decide to have a mindset that even you are not in debt you need to continue doing things while you are in debt like delayed gratification, less wants, less social life and more, and now your money that was saved because you have not changed your lifestyle can now be placed in your emergency fund (3 months of your expenses).

Next, after completing your emergency fund, start getting Insurances, Mutual Funds and if you want more, go to the stock market.

Just a friendly advice, don’t start in stock market while in debt, especially if you are in debt, specially in debt with  credit card or debt to people which is commonly know us as “5-6”.

There is a very small chance that your earnings in stock market could beat the compounded interest that is being given by those credit card company.

I know that the steps I mentioned above is not easy to do, but if you have your goal for your family and for your retirement I believe that you can do it.

Remember the following verses:

Proverbs 22:7

“The rich rule over the poor, and the borrower is servant to the lender.”

Romans 13:7

Pay to all what is owed to them: taxes to whom taxes are owed, revenue to whom revenue is owed, respect to whom respect is owed, honor to whom honor is owed.

Paying your debt is not easy, it takes courage and determination. So to avoid being servant of lender, pay off your debt and prioritize your payment. First pay those debt that yield the highest interest.

Creating Life Goals, Know How To Prepare

16 Tuesday Apr 2013

Posted by in Personal Financing

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Once, I heard that Vision should be defined and written so that it could be called Vision and not just a dream. Before investing or going to investment, we need to make sure that we have defined our vision and Life Goals.

There are different types of life goals that we can make, examples as mention below:

  • Wealth
  • Home and Family
  • Health
  • Self-Improvement
  • Philanthropy (Generosity)

Having merely a financial plan is not enough, you need to prioritize your plans. Which should come first? House Fund or the Education Fund of your kids? Your car? Or your vacation?

You need to prioritize each and every goals that you have so that you will be able to know which is the most important and which is the least important.

Remember Habakkuk 2:2

Then the LORD replied: “Write down the revelation and make it plain on tablets so that a herald may run with it.

Another thing that you need to do is to put a present money value to each of your goals. The target time frame, time that you can execute your goals, shall also be defined. The time is important because it will tell you the future value of your dream using the compounded formula and taking into consideration the inflation (How the value of money depreciate over time).

While planning for your future, you need to have a sound foundation and steady growth for your finances.

Life stages are categorized into three steps:

  1. Protect
  2. Build
  3. Transfer

Creating Life Goal (PinoyInvestmentGuide_Page_05

Protection means having an Emergency Fund which is equal to 3 – 6 of your monthly expenses (Very Liquid). Getting an Insurance and Long term Health Care is also suggested. We also need to secure the risk of having a Critical Illness and untimely debt.

Proverbs 27:12 (NLT) ”A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.“

On the Build Stage, You need to go into investment or even business. You can do paper investment like, stocks, mutual Funds, or even VUL (Investment + Insurance). On this stage you accumulate wealth for your future. You are preparing for your retirement age.

On the Transfer stage, you make sure that whenever you die, your family will not have any problem on getting your acquired wealth because you have not prepared for the estate tax or you were not able to make testament to where your finances goes.

More ideas about Goals in Life

  • The Younger You are the cheaper it is to protect
  • You need to avoid procrastination (Act now)
  • Time can help you create more money
  • Some might prefer BTID – Buy Term and Invest the Difference

Our goals should be SMART.

  • Specific
  • Measurable
  • Attainable
  • Realistic
  • Time Bound

Bible Concepts in Investing and Life Goals

But in everything we plan we need to understand the concept of the bible.

But Jesus also said “Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal; for where your treasure is, there your heart will be also.” Matthew 6.

If you set up your goals with God in your heart, you will not have any problem for whatever happen to your investment in the future. You need to trust the Lord on what he can do for you.

We need to be wise in our investment.

Proverbs 21:20 (NIV), The wise store up choice food and olive oil, but fools gulp theirs down. Do you always buy on wants basis? Or need basis?

The Bible also teach us about Diversification. Ecclesiastes 11:1-3 ESV

Cast your bread upon the waters, for you will find it after many days. Give a portion to seven, or even to eight, for you know not what disaster may happen on earth. If the clouds are full of rain, they empty themselves on the earth, and if a tree falls to the south or to the north, in the place where the tree falls, there it will lie.

So when you study about your goals, you need also to diversify your investment portfolio.

And the most important thing is that we need to be very vigilant when it comes to temptation:

1 Timothy 6:9-10 ESV

But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.

We want to have a happy retirement and a good life for our family, but we should not be greedy. Remember I teach before on how to increase your giving.


 

 

Invest Through SSS Flexi Fund – Know Its Advantage & Disadvantage (Exclusive for OFW)

01 Monday Apr 2013

Posted by in Personal Financing

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Yesterday, when I was browsing SSS Website, I came to know about the SSS Flexi Fund. Here is an idea about the Fund.

The SSS Flexi-fund is a voluntary provident fund for Overseas Filipino Workers (OFWs). It is an additional of the SSS on top of its regular OFW membership. The program gives OFWs the opportunity to set aside part of their earnings abroad and maximize the return on their Flexi-fund contributions, thus providing good security for their future.

SSS Flexi-fund is a risk free investment that is being invested in government securities, with Interest earnings are computed based on the average 91-day Treasury bill rate, thus ensuring a transparent, high yield and risk-free investment of members’ hard-earned income abroad.

 

Metrobank

Metrobank

It’s a good time to invest through SSS flexi fund due to the fact that we recently have an investment Grade from Fitch.

SSS Flexi Fund, is any amount beyond Php 200 from the maximum monthly SSS payment. As of this time, the maximum payment or contribution for OCW Members is Php 1,560 monthly. So if you pay Php 2,000, the Php 440 will automatically go to SSS Flexi Fund, which could be withdrawn anytime, should you need money.

Here are the list of bank that could receive payments.

  1. Allied Bank
  2. Asiatrust Bank
  3. Bank of the Philippine Islands (BPI)
  4. Equitable PCI Bank
  5. International Exchange Bank
  6. Land Bank of the Philippines
  7. Metrobank
  8. Philippine National Bank (PNB)
  9. Rizal Commercial Banking Corporation (RCBC)
  10. Security Bank
  11. Luzon Brokerage Corporation (LBC)

According to the SSS website:

Interest under the SSS Flexi-fund is. . .

  1. Tax-free
  2. Based on prevailing 91-day Treasury bill rates, quoted on a per annum basis
  3. Subject to quarterly re-pricing, to make it more reflective of current market conditions
  4. Computed at actual date of payment of Flexi-fund contributions, and posted to individual accounts at the end of the month.
  5. Compounded monthly, such that earnings at the end of each month are taken into account in the computation and application of earnings in the succeeding months.

I am paying my SSS via Metrobank Online banking System. I have also accessed the SSS Online portal by using the “Host Server Number” that was provided by Metrobank upon online payment in replacement for the SBR number which is a requirement for accessing SSS Online Monitoring System.

Updates : At this time since the prevailing rate of T-Bill is only 0.4%, I am not recommending investing in SSS-Flexi Fund, however keeping your SSS payment up to date is  I belived a necessity for every Filipino.

Red Market Last Week, Is Your Investment Affected?

17 Sunday Mar 2013

Posted by in Daily Dose, Personal Financing, Stock Market

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PSEI

It’s Sunday, and no trading day, a day that was agreed by many in the Philippines as the day of worship and is the time to contemplate with our Lord. Remember that we are just a steward of his blessing and whatever the Philippines is experiencing about its great economy is God’s plan for Filipinos.

Last week Philippine stock market have experienced a “Red” mark. (Just for information “Green” means gain and “Red” means lost). According to the news , it was due to the weak banking sector that makes the market “Red” last week. Many have taken their profit due to non-availability of good news as cited in the news. Remember that I have told you that news could affect the price of the stock. So what was your strategy last week?

Many might ask, is this the start of the so called “bear market“? Do I have to sell my MBT? BDO? or other stocks? As always it is still the decision of the stocks holders. Nobody is responsible for your stock but the owner.  Let me also remind all of our readers that stock market is the riskiest investment in the market but also an investment instrument that could give the highest gain. More risk means more possibility of gain. Below is my take in those question.

50% of my portfolio is in banking sector so, my portfolio was affected. But did I sell last week? My answer is “NO”. I believe it is just a correction in the market. But this also reminds me of “diversification”. My portfolio should be diversified so that when 1 sector like banking is affected, my whole portfolio will not be affected.

I also believe in Long Term Investment that is why I am not affected with the ups and down of the market. It’s all about mind setting.

If I had more funds, I would be buying more since I believe that the majority of the blue chips stocks are now on sale. This is a very good opportunity to buy since an investor could buy more stocks with the same amount that he could be spending about 2 weeks ago.

We will see if the market will still have its correction tomorrow.

To those OFW who have not yet started investing, you need to think again and always remember that we need to be prepared for our family future. But first of all you need to have Emergency Fund before investing and control your expenditures buy knowing about Good Debt and Bad Debt. Increase your financial literacy.

God provides, and this is 100% true and God will give His provision to those who have vision.

Proverbs 22:3

The prudent see danger and take refuge, but the simple keep going and pay the penalty.

To those who have just visited this site, I would recommend you watching the full session of the Pesos and Sense and know how to start investing in the stock market

Image Credit : Philstar.com

Invest and Get More Source of Income To Increase Your Giving

13 Wednesday Feb 2013

Posted by in Daily Dose, Personal Financing

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Invest and Get More Source of Income To Increase Your Giving

Increase Your Giving

A pleasant day to all our readers, I Just want to give all of you some insights about investing and giving.

From the time I learn about Financial Literacy and Investing, I make it a point that I will NOT stop being generous to those who are in need. I believed that when I give, I am also investing, because this is what the bible teaches us. We need to understand that we don’t have to be ruled by money but instead we have to rule our finances. That is why giving is always in my formula.

Salary – Giving (Tithing) – Investment = Expenses

I want to share you what I have read from Rich God Poor God book of Ptr. Chinkee Tan;

Sixteen of the 38 parables deals with possession and money. The Bible has 500 verses both on prayer and faith but more than 2350 verses on money and possession. There are more than 2,350 verses on money and possession. there are more verses that relates to money and possession than heaven and hell combined.

So money must be important that is why it has been given emphasis in the bible. Lord want’s to warn us on not to be controlled by money.

I believe that even you have lot’s of investment and you know your action plan in investing but you fail an important thing which is to give, you will not succeed. I also believe that I need to start investing and get more sources of income so I could start giving more. Not only to my family but also to other people who will be in need.

I also believed that we are being blessed so that we can bless others. Whatever faith we have, I believe that giving is a general teaching that all people should adhere.

I also believe that poor people will have a hard time to give because they don’t have source to give, we can only give if we have something to give. Motivational speaker like Zig Ziglar, Robert Kiyosaki, John Maxwell and more also teaches that giving is important in our financial life.

Believe that everything on earth is from God as mention in Genesis 1:1, And Our God is able and willing to bless us more to increase our habit of giving.

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How to Start Your Journey on Becoming Rich and Debt Free Lifestyle?

26 Sunday Aug 2012

Posted by in Personal Financing

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How to Start Your Journey on Becoming Rich and Debt Free Lifestyle?This is also one of my question in life. I have been working for almost 13 years and yet there are lots of things that I need to accomplish to become a rich man. I am rich spiritually but I think financial resources should follow. Today during my reading of the Cash Flow Quadrant by Robert Kiyosaki, he mentioned that we need to start building list of assets that brings income and not expenses.

What he mean, is that our assets should make cash-in and not cash-out. As an example a loaned car is not an asset but liabilities if it is not being use to earn but only for leisure and comfort. However if this loaned cars will be used to fetch kids at school and it’s earnings will be more than that of it’s monthly payment then it can be called as an asset and not a liabilities.

He is right, in all our expenses its should add up in our income and not drawing out from our income. Just imagine if we have lots of assets that making money for us, then it can be called a passive income. A small income is still an income.

I will update you on things that I will do in the future on how I can acquire a new income generating assets.

By the way I also learn that there are 2 types of Debt, a Good Debt and Bad Debt. Perhaps I will have to discuss those things in my next post.

Update : Difference of Bad Debt and Good Debt

Welcome to Pinoy Investment Guide

05 Tuesday Jun 2012

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Welcome to Pinoy investment Guide

First of all, let me introduce my self, I am Engr. Dexter Panganiban, an OFW (Oversees Filipino Worker / Online Filipino worker) working in Saudi Arabia for almost 13 years. I have plan to start this blog long time ago but I am hesitant because I may not be able to give the readers the information that they will be looking on this blog. But anyway, I am a newbie investor, so all information in this blog will be coming from the newbie perspective. I would like to share my thoughts, ideas and share my success and failure in this blog when it comes to investment.

I will detail the things about investment, finance, business that I learned and will be learning in the future through this blog. BTW I am also the guy in charge at Tech At Hand Dot Net, a tech blog which have been in existence for the last 5 years. I am also into trading and I have been trading since January 2012. I am using Citisec Online (COL Financial) as my broker. I trade online since I am in Saudi Arabia.

So I hope to increase our readership as well as to contribute value to other Pinoy, specially OFW, who wish to start their own business or even become an investor in a business.