PESOS AND SENSE: Weather Proofing your Personal Finance

I would like to invite you on one of the upcoming events of the Registered Financial Planners - Philippines

As you know the days of financial literacy is still at its infancy in the Philippines and only a handful of people know where to invest and make their money work for them in passive income way. Current times, we are plagued with financial difficulties with the wrong mindset and perception on how money should be used and how money should work for us and not work for money, we need to save for our future especially on the transition days.

Most of the speakers are well known in mutual fund, investments, financial planning and business industries.

1. J. Randell Tiongson is a financial coach and educator. He is a member of the Registered Financial Planner Institute - Philippines (RFP) and have been in insurance industry in the early 90's to present. He is a also a columnist with Business Mirror, RFP Philippines and appeared on financial related shows as guest in ANC (ABS CBN News Channel). You can visit his site at www.income-tacts.com and www.rfp-philippines.com.

2. Efren LL. Cruz is a Banker, Financial Planner and author of such books as "Pwede Na! The Complete Pinoy Guide to Personal Finance" and “Pwede Na! The Complete Pinoy Guide to Retirement and Estate Planning”. He writes for Business Mirror, Income-Tacts, RFP Philippines. You can visit his www.income-tacts.com and www.rfp-philippines.com.

3. Francis Kong is a motivational speaker, entrepreneur and columnist for Philippines Star in the business section. He is the owner of Inspire Leadership Consultancy Inc. ,the company that brought The Millionaire Mind of T. Harv Eker to the Philippine shore. You can visit his site at www.businessmatters.org.

4. Chinkee Tan is a former actor who has become a lifestyle trainer, entrepreneur and motivational speaker. He wrote a book titled "Till Debt do us Part" - which tackles on getting out of debt, becoming financial free and many more. You can visit his site at www.chinkeetan.com.

Copyright 2008-2009 - PinoyMoneyVantage

Ways of Creating Wealth Seminars for September 2008 (Part 2)

Philippine Stock Exchange (PSE) is very active in providing seminars on Stock Investments thanks to the aggressive marketing of the Marketing Education Department of PSE and also the cooperation of different securities companies who are eager to tap the local market with the information and dissemination drive about our local stock market to the general public.

List of the seminars from different securities or brokerage companies include Basic to Advance Stock Market Trading and Analysis, Strategic Investing and many more (see List from Market Education Events of Philippine Stock Exchange) in Adobe Acrobat 8.0.

Other information for the said event and market orientation you can course to Capital Markets Development Division, PSE c/o Ms. Agnes Ignacio at (02) 688-7534 at PSE Tektite Building, Ortigas Center, Pasig City.

Sometimes the seminars maybe cost you dearly but a the long term investment of gaining knowledge and insight of passive income on financial instrument is PRICELESS!

Copyright 2008-2009 - PinoyMoneyVantage

Ways of Creating Wealth Seminars for September 2008

The Philippine Stock Exchange (PSE) recently posted articles in the web regarding Filipinos know how in the stock market and it seems only 1% invest of the population knows the passive-income potential of stock trading with their hard earned cash on this type of investment. The Philippine Stock Exchange is totally committed in delivering and providing awareness and education through this type of seminar for the general public in order to uplift not only the financial literacy of our countrymen as well as influence the movement of our Philippine economy and our businesses.

The Philippine Stock Exchange, Inc. and the University of Santo Tomas - College of Commerce Alumni Foundation, Inc. and its Young Alumni Achievers Council invite everyone to THE STOCK MARKET SIMPLIFIED: Walk your way to creating wealth.

SEMINAR TOPICS include:
Basics of Stock Market Investing
Personal Investment Strategy
Technical Analysis

Date and Venue
September 18, 2008
6:00 PM to 9:OO PM
PSE Tektite Trading Floor
2/F PSE Centre, Exchange Road
Ortigas Center, Pasig City

SEMINAR FEE
Php 500.00*
*inclusive of food and materials

For inquiries and registration, contact the following:
PSE Market Educ. Dept.:
Mr. Mark Valino
688-7539/688-7534
mavalino@pse.com.ph
www.pse.com.ph

UST COCAFI:
Ms. Leila Pulintan
786-1611 loc. 8374
ustcocafi@yahoo.com


Copyright 2008-2009 - PinoyMoneyVantage

The Power Broker in Me: Putting back Real Estate back on Top

I had my few months hiatus of not being a real estate broker. It was a soul searching time for me as I finished the 2 month Registered Financial Planners Course given by Registered Financial Planning Institute - Philippines two months ago and still kept practicing.

Those months were a fulfilling moment for me in updating with new trends in medical and scientific research, learning new trades, knowing more on different types of investments and meeting new people as potential clients. Even if we are experience the downtrend in the stock market as in we are in a windfall of world recession as the U.S. is still coping up with its own problems which affected the world and us feeling the brunt of higher oil prices with inflation rate staggering at 11.4% from last month. It does hurt the pockets of consumers of all walks of life.

To admit the truth, the real estate industry felt the pinch with America as its rich market before for Filipino-Americans in selling properties have made an abrupt stop and so most major Philippine developers put their sights on other places where Filipinos thrive. They have had a second look on the European and Middle Eastern Market segment targeting Overseas Filipino Workers there and also the local Philippine market. Feeling worrisome on the downtrend in sales that I need to find alternatives of producing money other than relying from my fixed-income job which is not enough to sustain my lifestyle.

Real Estate has become a bread and butter for some older folks in the trade. I on the other hand, have a career and real estate is a part-time work for me. In two years time, I might go full-time and quit the healthcare job once I have established myself in taking over the family business.

I find it amazing as I become equipped with the words from these motivational speakers who are at the same time fellow real estate brokers from different chapters of REBAP and made millions in just a few months through real estate selling. I find it inspirational to see and hear them talk and believe in their principles even met the oldest real estate professional who is already in her late 60s who happens to have lots millions on different transaction and deals from her small beginnings in the 80s and in the present times. The topics on the seminar are relatively needed for the participants to apply these experiences in real life especially in the sales and marketing aspect in being a real estate brokers. The speakers also added new tools in creatively selling properties through the use of word of mouth, the internet and advertisements.

Another inspirational lecture given by Mr. Ricardo "Dindo" Raymundo, team manager of Alaska Aces Basketball Team. He given us some thoughts on his experiencing from managing the best basketball team through his corporate knowledge and business wisdom which kept this team the among the top teams in Philipppine Basketball Association (PBA). He also shown us a video clip of Nick Vujicic - No Arms, no legs, no worries.


Copyright 2008-2009 - PinoyMoneyVantage

Personal Experience: The Financial Planning Challenge

I signed up for the 10th Registered Financial Planner Program, it was quite a thrill for me to bound into much better career of financial planning in the future because there are more things I can expect in meeting more people eventually clinical laboratory science and real estate are some of my first and second passion and here comes financial planning in my life which is applicable for me and family.

Many people ask what is a financial planner and what his or her role to them as clients?

A financial planner or personal financial planner is a practicing professional who helps people to deal with various personal financial issues through proper planning, which includes but is not limited to these major areas: cash flow management, education planning, retirement planning, investment planning, risk management and insurance planning, tax planning, estate planning and business succession planning (for business owners). The work engaged in by this professional is commonly known as personal financial planning. In carrying out the planning function, he is guided by the financial planning process to create a detailed strategy tailored to a client's specific situation, for meeting a client's specific goals (see Wikipedia).

Personal financial planning is broadly defined as a process of determining an individual's financial goals, purposes in life and life's priorities, and after considering his resources, risk profile and current lifestyle, to detail a balanced and realistic plan to meet those goals. The individual's goals are used as guideposts to map a course of action on 'what needs to be done' to reach those goals (see Wikipedia).

As what many of the lecturers in 10th RFP program have said, financial planning has evolved in a sense that he/she offer his/her service with much gusto due to the fact that it involves the element of giving advise, becoming a coach and at the same establish a fruitful relationship with a client with rapport. I find financial planning a little demanding with lots of data gathering in order for the client set and accomplish those goals.

Members of RFP Batch 10 are mostly comprised of insurance agents and brokers from big insurance companies, wealth and asset management officers from banks, senior financial executives from major credit card companies, licensed real estate brokers and one licensed stock broker from a well known securities and equities company listed with Philippine Stock Exchange. We all come different industries but we share one common goal in becoming future Registered Financial Planners.

Will update on my next article on Financial Planning because I am still undergoing studies with Registered Financial Planners Institute - Philippines (RFPI-Philippines). if you want to be a Financial planner you may visit their website at http://www.rfp-philippines.com for more details.



Copyright 2008-2009 - PinoyMoneyVantage

The Think Rich Pinoy Experience

I recently have attended the February 17, 2008 Think Rich Pinoy Seminar at PhilAm Life Building in Ma. Orosa Street, Ermita, Manila. It was an event I cannot forget that changed my life. Wealth building through real estate by flipping foreclosed properties is one shot deal that can generate income for you and your loved ones. There are pros and cons in real estate but this one could get you rich in no time at all.

Dr. Gamboa and others like him have dream of making one million rich Filipinos by 2010. It maybe impossible but with proper attitude and mentoring anyone can be a millionaire by that time. "We do not have to go abroad and keep our country's economy afloat with our skilled OFWs leaving our shores and working hard to both ends meet, we can make entreprenuers of our OFWs as what Dr. Gamboa", said in his statement.

Financial education through real estate and other income generating schemes can arm every Filipinos with the knowledge of wealth building and at the same create passive income for their benefit. The investments made will work for them in no time.

One of the most notable real investor in this type of business was Robert Kiyosaki, author of the Rich Dad, Poor Dad and co-author of other Rich Dad series of books who inspired Dr. Gamboa into this type of business and serves as his inspiration in creating a book called "Think Rich Pinoy". Think Rich Pinoy is an adapted version of the Rich Dad, Poor Dad for Filipinos to understand. The principle of flipping property and its concept are still the same but simplified.

I have read the book since last year and at the same time bought one of his book follow up, Grow Rich Pinoy, which emphasizes on flipping properties with little or no money at all plus with the help of course of rehabbers, lenders and other private investors by using Other People's Money (OPM) concept.


I have met other people who are still in the rat race who want to be investors and entrepreneurs and owning their own business. Dr. Gamboa emphasizes the empowerment of every Filipinos to financial freedom. It was a good thing that I met Dr. Larry Gamboa, Ph.D. himself on the flesh and maybe in the future would be a future franchisee of Think Rich Pinoy.

Copyright 2008-2009 - PinoyMoneyVantage

Want to be a licensed Real Estate Broker or Professional?

Do you want to be a real estate professional?

Real Estate Brokers Association of The Phillippines will holding Comprehensive Real Estate Seminar and Review for those who would like the to take the Real Estate Brokers Licensure Examination from the Department of Trade and Industry - Bureau of Trade Regulations and Consumer Protection (DTI-BTRCP) on May 2008. Schedules from different chapters of REBAP in Metro Manila to nearby provinces are posted below and will be conducting these seminars on given dates and specific venues.

For inquiries you may call the nearest REBAP Chapter in your local community with their contact numbers listed below.

Real Estate Brokers Association of the Philippines (REBAP), Inc.

Tel Nos.: (632) 373-2281 / 374-2496 / Email: rebapnational@yahoo.com

SCHEDULE OF SEMINAR FOR BROKERS LICENSE:

COMPREHENSIVE REAL ESTATE SEMINAR & REVIEW: (CRESR)

For 2008 MAY EXAM

CHAPTER	DATE & TIME	VENUE	Fee	Contact
Caloocan	April 5, 12, 19, 26 & May 3, 10, 2008 Gen. Review –May 10 1:00 – 7:00 PM	Rotary Center, cor., Mother Ignacia, Roces Ave., Q.C.	PhP 3,500.00	986-9674/438-2966 0916-3633975 0916-7574409 0916-2437313
Cavite	April 15, 22 & 29, 2008 8:00 AM – 5:00 PM	Chowking, Kalinisan Zapote, Bacoor, Cavite	PhP 3,500.00	(02)7966717/ 09196946045 (046)4772713
CBD	April 12, 19, 26, May 3 & 10, 2008 1:00 – 6:00 PM	Level 1, Cacho Gonzales Bldg., 101 Aguirre St., Legaspi Village, Makati City	PhP 3,500.00	726-0137 724-3019 0916-7497181 0918-9191189
Greenhills	April 19, 26, May 4, 2008 8:00am-5:00 PM	Champaca Room, Club Filipino	PhP 3,500.00	995-0340 0927-9071275
LAMP	April 5,12,19, 26 May 3,10, 2008 8:00am – 12NN	2/F Tia Maria Bldg. C.V. Starr Ave., Las Pinas City	PhP 3,500.00	872-3929 0915-8429457
Makati	April 12,18, 19, 2008 26-Gen. Review 1:00 – 7:00 PM	Dasmarinas Rm, Makati Sports Club, Makati City	PhP 3,800.00	751-5213 0906-9790796 0916-3018338
Mandaluyong	March 1,2,8,9, 2008 9:00am-6:00 PM	405 Jovan Bldg., Samat cor. Shaw Blvd, Mandaluyong	PhP 3,500.00	531-6914/ 7174253 0920-3815908
Marikina	April 13, 20, 27, 2008 8:00 am – 7:0 PM	Skyline Riverbend Café, Riverbanks Center, 84 Bonifacio Ave., Barangka Ave. Marikina City	PhP 3,500.00	0923-3022150 942-0741
Ortigas	March 16, 30 April 13, 2008 9:00am-6:00 PM	Dencios, Metrowalk Ortigas, Pasig City	PhP 3,500.00	0917-8940913 0919-4032997
Quezon City	April 19, 26 May 3, 10 & 17, 2008 1:00 – 7:00 PM	Max’s Restaurant Quezon Avenue (beside Mcdo)	PhP 3,500.00	412-2624/482-6677 0917-7898630 0922-899-8880
Pampanga	April 19, 20 & 27, 2008 8:00AM – 5:00 PM	Bahay kamayan, Gapan Olongapo, Sto. Nino, San Fernando, Pampanga	PhP 3,500.00	0920-9242403 0917-5204953 0917-8063307

Copyright 2008-2009 - PinoyMoneyVantage