Sun Life Prosperity Funds are mutual fund types of investment instruments that pool together money from different investors and invests them in various securities depending on the investment objective of the fund.
Here are few of the benefits that a Sun Life Prosperity Fund investor receives.
• Affordability
• Higher potential returns
• Diversification
• Flexibility
• Liquidity
• Professional Portfolio Management
• Global Expertise
http://ping.fm/S4aFc
Wednesday, March 21, 2012
Investing in Deep Breathing Exercises
Learning how to breath properly is an investment that offers great return on investment (ROI) without shelling even a penny. You only need to invest your time and discipline to breath properly. The ROI are good health and happy disposition that will make you live life to the fullest.
How to Breathe Like Buddha
Siddhartha Gautama (or Buddha, as he is known throughout the world) is well-known for his ability to meditate for long periods of time. He is reported to have said that if you can be aware of your breath for even a single hour, you are already enlightened.
http://ping.fm/WCZOJ
How to Breathe Like Buddha
Siddhartha Gautama (or Buddha, as he is known throughout the world) is well-known for his ability to meditate for long periods of time. He is reported to have said that if you can be aware of your breath for even a single hour, you are already enlightened.
http://ping.fm/WCZOJ
Tuesday, March 20, 2012
Investing Money with Compound Interest Calculator in Mind
Albert Einstein is widely rumored to have once said that "the most powerful force in the universe is compound interest.”
What is compound interest?
The term compound interest, also called as the 8th wonder of the World, is a standard word in economics and finance. It is the process of adding interest to the initial amount of an investment, and from then on earning further interest on this new amount. This is distinct from simple interest, in which the rate is applied once to the initial amount and then multiplied by the term of the investment.
Compound interest is a key way to grow savings. It works when interest is paid on interest. This leads to exponential growth over time.
http://ping.fm/gSRTz…ulator-in-mind/
What is compound interest?
The term compound interest, also called as the 8th wonder of the World, is a standard word in economics and finance. It is the process of adding interest to the initial amount of an investment, and from then on earning further interest on this new amount. This is distinct from simple interest, in which the rate is applied once to the initial amount and then multiplied by the term of the investment.
Compound interest is a key way to grow savings. It works when interest is paid on interest. This leads to exponential growth over time.
http://ping.fm/gSRTz…ulator-in-mind/
2012 Investing in the Stock Market and Personal Finance Education Seminar
You can attend lots of seminars today to learn how to invest in the stock market, build wealth with stocks, how to find the perfect timing in buying and selling stocks, basics of proper money management - spending, saving, planning & investing, business basics, etc.
http://ping.fm/gGKnR
http://ping.fm/gGKnR
5 Steps on Applying for Business Registration Online
Started last March 1, 2012, you can register your own business to the Department of Trade and Industry in the comfort of your home or office in any province you are living now. Aside from online business registration to DTI, you can also register your own business and apply for tax identification number with the Bureau of Internal Revenue (BIR), Social Security System (SSS), PagIbig and PhilHealth. And it can be done in one sitting for anyone who has access to internet-connected computer.http://ping.fm/7DzOH
Thursday, March 15, 2012
Become a Money Saving Expert Cutting Down Your Bills
One of the best ways you can turn yourself into a money saving expert is through cutting down the cost to spend on your bills. You may not realize, if not checked, bills can really be large monsters. Having a record on your billing expenses will allow you to checked if it will dig more into your pocket. And can apply strategies how to lessen it without hurting your neccessities.
How to save money on electricity bills
Electricity bills always come first in line because large dependence on electric powered appliances. We use a lot of electric appliances every single day in our homes. These things consume a lot of energy, which is best reflected on your monthly electric costs.
With the cost of energy rising seemingly constantly, it’s worth to find ways to curb the use of electricity. Simple but often neglected energy saving tips are a big help in lowering electricity use most especially in households. You can use time –tested formula and other creative ideas you can find. And depending on your situation, this can be accomplished without making any major sacrifices.
Here are simple ways you can apply to become more energy-efficient and save money on electricity bill:
• Try to use the new compact fluorescent light bulbs rather than traditional bulbs. Compact fluorescent lanps (CFLs) can last up to 15 times longer than incandescent light bulbs and consume much less energy. By upgrading your lighting to CFLs, you can save 10 to 15 percent on your monthly energy bill.
• Unplug appliances when not in use,specifically those which have a stand-by mode function. Simply turning these appliances off is not enough because electrical appliances/devices still consume power while in stand-by mode.
• Give your air conditioner or heating devices an annual check up and cleaning. This is to make sure your cooling or heating systems are running at their highest efficiency.
• Replace your major appliances or air conditioners that more than 10 to 15 years old. They are definitely costing too much to run. Modern appliances that conform to energy saving efficiency are 10 to 20 percent cheaper to operate than other products.
How to save money on groceries
There many things you can cut down expenses on grocery shopping. This doesn't necessarily mean that you have to compromise the quality of the products that you're going to buy. Instead, you just need to take note of certain techniques that will help you save money on groceries.
Ways to save money when grocery shopping:
• Don't waste money on prepared foods. Instead, prepare meals ahead of time and freeze them, or double a recipe when cooking, and freeze the second for a hectic day coming up.
• A grocery store's main aisles, like the paths to milk and bread, are usually strewn with high-priced land mines. Avoiding those pricey areas will really help.
• Try to shop when you're alone. Those little helpers can quickly boost your bill.
• Shop early in the day. You get through the store faster with your list and spend less.
• Avoid shopping for food when you're hungry; you'll buy more.
• Don't grocery shop when you're tired, you'll buy more sweets, more high-carbohydrates. When you're angry you go for crunch food, the junk food.
• Shop with a calculator. That way, you can figure whether the unit price for a case lot is really cheaper than buying one of the same item.
• Check your receipts. No matter how careful you or the store staff might be, mistakes happen.
How to save money on phone bills
The telephone is an essential tool inside the house as this allows you to communicate with family and friends.
Here are some tips to reduce your phone bills:
• Use the same plan as friends and family. Many cellphone service providers offer free in-network calls or allow you to choose a small group of in-network friends and family that you can call for free.
• Bundle all services. There’s great benefit when you move all of your services – cellphone, cable/ satellite, Internet and home phone to one provider. You’ll likely be rewarded with a bundled service discount.
• Go prepaid. If you only use your cell phone for occasional calls, a prepaid plan may be the cheapest service option for you.
• Switch to unlimited texting. Text messages can cost Php 1.00 in the Philippines to send. If you do a lot of text messaging, a plan with unlimited text messages is definitely the way to go.
Are you a money saving expert? Please share your knowledge by commenting below.
http://ping.fm/xFDhw
How to save money on electricity bills
Electricity bills always come first in line because large dependence on electric powered appliances. We use a lot of electric appliances every single day in our homes. These things consume a lot of energy, which is best reflected on your monthly electric costs.
With the cost of energy rising seemingly constantly, it’s worth to find ways to curb the use of electricity. Simple but often neglected energy saving tips are a big help in lowering electricity use most especially in households. You can use time –tested formula and other creative ideas you can find. And depending on your situation, this can be accomplished without making any major sacrifices.
Here are simple ways you can apply to become more energy-efficient and save money on electricity bill:
• Try to use the new compact fluorescent light bulbs rather than traditional bulbs. Compact fluorescent lanps (CFLs) can last up to 15 times longer than incandescent light bulbs and consume much less energy. By upgrading your lighting to CFLs, you can save 10 to 15 percent on your monthly energy bill.
• Unplug appliances when not in use,specifically those which have a stand-by mode function. Simply turning these appliances off is not enough because electrical appliances/devices still consume power while in stand-by mode.
• Give your air conditioner or heating devices an annual check up and cleaning. This is to make sure your cooling or heating systems are running at their highest efficiency.
• Replace your major appliances or air conditioners that more than 10 to 15 years old. They are definitely costing too much to run. Modern appliances that conform to energy saving efficiency are 10 to 20 percent cheaper to operate than other products.
How to save money on groceries
There many things you can cut down expenses on grocery shopping. This doesn't necessarily mean that you have to compromise the quality of the products that you're going to buy. Instead, you just need to take note of certain techniques that will help you save money on groceries.
Ways to save money when grocery shopping:
• Don't waste money on prepared foods. Instead, prepare meals ahead of time and freeze them, or double a recipe when cooking, and freeze the second for a hectic day coming up.
• A grocery store's main aisles, like the paths to milk and bread, are usually strewn with high-priced land mines. Avoiding those pricey areas will really help.
• Try to shop when you're alone. Those little helpers can quickly boost your bill.
• Shop early in the day. You get through the store faster with your list and spend less.
• Avoid shopping for food when you're hungry; you'll buy more.
• Don't grocery shop when you're tired, you'll buy more sweets, more high-carbohydrates. When you're angry you go for crunch food, the junk food.
• Shop with a calculator. That way, you can figure whether the unit price for a case lot is really cheaper than buying one of the same item.
• Check your receipts. No matter how careful you or the store staff might be, mistakes happen.
How to save money on phone bills
The telephone is an essential tool inside the house as this allows you to communicate with family and friends.
Here are some tips to reduce your phone bills:
• Use the same plan as friends and family. Many cellphone service providers offer free in-network calls or allow you to choose a small group of in-network friends and family that you can call for free.
• Bundle all services. There’s great benefit when you move all of your services – cellphone, cable/ satellite, Internet and home phone to one provider. You’ll likely be rewarded with a bundled service discount.
• Go prepaid. If you only use your cell phone for occasional calls, a prepaid plan may be the cheapest service option for you.
• Switch to unlimited texting. Text messages can cost Php 1.00 in the Philippines to send. If you do a lot of text messaging, a plan with unlimited text messages is definitely the way to go.
Are you a money saving expert? Please share your knowledge by commenting below.
http://ping.fm/xFDhw
Real Estate Investment Strategies for Better Return on Investment
Real estate investment involves tedious evaluation and requires a keen understanding of the project that you will put your money in. Whether it’s a once-in-your-life purchase or a long term, high return on investment to diversify your portfolio, putting your money in property may seem daunting.
Like any other high involvement purchases, buying real estate need to be rational and objective. While this could mean doing some number crunching, it should not be painful nor intimidating.
Furthermore, here are 6 Key Real Estate Investment Strategies to Make High Return on Investment
1. Choose Property With Good Location. It is always important to put value on good location of the development you consider to buy. It is close to destinations that are important to you (i.e. business establishments, airport, hospital, schools, lifestyle and leisure centers, etc.)? Is it located in a masterplanned community that is physically and technologically equipped for future demands? Is the property located in a district where value is sure to appreciate over time?
2. Choose Property That is Future Proof. Your investment should last longer than the marketing spiels. What is novelty today may be tomorrow’s passe. Choose a development that is designed to adapt to the future by employing today’s advanced and flexible technology. Is it architecturally designed to protect you from the harsh and unpredictable elements of nature. Does it have a strong and reliable telecommunications backbone to allow future information and technology upgrades? Is it future proof by design?
3. Choose Property With Global Standard in Green Living. Ask if the development that you consider complies with the high measure of green building. Does the development stand for the Gold standard in green living? It is important that from planning to construction and even beyond turnover that the green practices are strictly monitored by a globally recognized independent body of experts.
4. Choose Property With Lower Cost and Operational Efficient. Being green has its rewards. Careful and deliberate design of the property should enable you as a resident or an investor to optimize your investment by lowering cost and increasing operational efficiency. Ask if the green mechanism employed in the property allow you considerable savings in potable water and energy, yet still provide stylishly comfortable and healthier indoor environment.
5. Choose Property With High Market Demand. With a widespread knowledge and understanding of the benefits in living and investing in green, both global and local demand for sustainable buildings is continuously rising. If you intend leasing out your property, you may note that better quality expat tenant are attracted to LEED certified homes. Basic economics tells you that the greater demand is, the greater value appreciation the property will have.
6. Invest Your Money Now. There’s no other best time to invest your money that now. The market is ripe for the picking, and today is the best time to invest in real estate. Funding your investment is easier with commercial banks offering more flexibility and lower interest rates. Check if your developer has the strong partnership with these banks.
Following these 6 key real estate investment strategies may not make your money grow instantly but I’m sure you are investing your money safely and can expect a high return on investment in the long term.
http://ping.fm/JHqon
Like any other high involvement purchases, buying real estate need to be rational and objective. While this could mean doing some number crunching, it should not be painful nor intimidating.
Furthermore, here are 6 Key Real Estate Investment Strategies to Make High Return on Investment
1. Choose Property With Good Location. It is always important to put value on good location of the development you consider to buy. It is close to destinations that are important to you (i.e. business establishments, airport, hospital, schools, lifestyle and leisure centers, etc.)? Is it located in a masterplanned community that is physically and technologically equipped for future demands? Is the property located in a district where value is sure to appreciate over time?
2. Choose Property That is Future Proof. Your investment should last longer than the marketing spiels. What is novelty today may be tomorrow’s passe. Choose a development that is designed to adapt to the future by employing today’s advanced and flexible technology. Is it architecturally designed to protect you from the harsh and unpredictable elements of nature. Does it have a strong and reliable telecommunications backbone to allow future information and technology upgrades? Is it future proof by design?
3. Choose Property With Global Standard in Green Living. Ask if the development that you consider complies with the high measure of green building. Does the development stand for the Gold standard in green living? It is important that from planning to construction and even beyond turnover that the green practices are strictly monitored by a globally recognized independent body of experts.
4. Choose Property With Lower Cost and Operational Efficient. Being green has its rewards. Careful and deliberate design of the property should enable you as a resident or an investor to optimize your investment by lowering cost and increasing operational efficiency. Ask if the green mechanism employed in the property allow you considerable savings in potable water and energy, yet still provide stylishly comfortable and healthier indoor environment.
5. Choose Property With High Market Demand. With a widespread knowledge and understanding of the benefits in living and investing in green, both global and local demand for sustainable buildings is continuously rising. If you intend leasing out your property, you may note that better quality expat tenant are attracted to LEED certified homes. Basic economics tells you that the greater demand is, the greater value appreciation the property will have.
6. Invest Your Money Now. There’s no other best time to invest your money that now. The market is ripe for the picking, and today is the best time to invest in real estate. Funding your investment is easier with commercial banks offering more flexibility and lower interest rates. Check if your developer has the strong partnership with these banks.
Following these 6 key real estate investment strategies may not make your money grow instantly but I’m sure you are investing your money safely and can expect a high return on investment in the long term.
http://ping.fm/JHqon
How to Start Your Own Business: 21 Steps to for a Strong and Successful Business
The 21 Steps on How to Start Your Own Business book is full of such precedents, as well as tried-and-tested formulas in starting, sustaining and succeeding in a business.
Dean Pax Lapid of the Entrepreneurs School of Asia, and self-help guru and motivational speaker Ping Sotto combine their vast experiences and share the formula to business success in this user-friendly workbook.
Are you ready to learn the how to start your own business in 21 steps? Here are the summary of the steps mentioned in the book 21 Steps On How To Start Your Own Business.
Master Self
1. Ambition
Big dreams are important, but it is more important to have the commitment/passion and right attitude/effort to pursue that dream till it become reality.
2. Believe
Commit to what you believe and have the passion for your idea.
3. Choice, not Crisis, not Chance
Your decisions, not your conditions, determine your destiny. So Choose then Change.
4. Dream Big, Start Small
DREAM BIG is an amazing principle. When you have a BIG DREAM and you believe in it with enthusiasm and conviction, then you can achieve it. Take and break your plans into bite-size pieces that you can handle and chew.
5. Employee or Entrepreneur? Both!
While you’re young, build your skills and network in the industry that you plan to do business in.
6. Fear of Failure
To live a life in fear is to live a life half-lived. Maximize what God has given you in term of talents and abilities.
7. Go Master Self
All it takes to have mastery of self is to dream, believe and achieve. Vision must be accompanied by passion and action towards goals. The secret to business success is commitment to get started and to keep going despite the odds. This is the thing that divides the ordinary from the successful ones.
Master Opportunity
8. A Compelling Reason
One of the most important factors for success (whether in business or in any personal endeavor) is to understand clearly your reason for doing what you are doing. So, you need to be very clear about your reason for starting a business. There is nothing wrong with going into business for financial reasons, but you have to go beyond the money. Your reason should be personal and compelling enough to motivate you to make your business happen, and to push yourself to overcome future obstacles.
9. Bright Idea
Bright ideas run the world. Can you imagine a world now without light bulbs, airplanes, cars... and more recently cellphones, computers and the Internet? What are your bright ideas that you can turn into a product/service that will add value to your target end-user? You can focus now on which of these ideas you love to do and what you’re good at.
10. Choose Your Market
Know WHO are your best customers. What are their life stage and income level. Where your customers will come from and why and how your customers might buy your product or service?
11. Differentiate or Die
Now that you have a bright ideas and have a chosen market, you need to differentiate to stand out from the rest, otherwise competition can kill your business.
12. Estimate Your Sales
Your idea is a successful business opportunity if anchored on a product or service that adds value to the customer (market) where DEMAND (SALES) is big and sustainable (so that you may earn profit).
13. Fit = Value
There will be TWO THINGS that people will value. Solutions to their PROBLEMS/NEED + A HAPPY and GOOD FELLING.
14. Go Master Opportunity
7 Final Questions to Master Opportunity
1. What potential opportunities/trends do you see in the business you are going to enter?
2. What are your compelling reason for going into business? Which business set-up are you going to go for: own start-up, franchise, or taking over/expanding an existing business?
3. What do you currently know about the business you are going into? What is your distinct competence or advantage?
4. Who are your target customers? Have you observed or talked to them already?
5. Can you described in detail what your products/services would be like?
6. How are you different from dominant competitors?
7. Can you estimate sales for your product?
Master Set-up
15. Actual Product
In order for the bright idea to be a big hit, the actual product must be able to compete first in the customer’s mind. After competing in the mind of the customer, you must compete in the customer’s heart. Once the heart is won, the hand automatically goes into the wallet to get the money to buy your product.
16. Business Model/Set-up
Here’s the definition of the various business models you can start with:
Manufacturer – Involved in the manufacture of industrial or commercial products like food, clothing, metals, chemicals or printing materials, et.
Producer – Involved in the growing of agricultural crops or livestock like rice, corn, vegetables, fruits, cattle or pigs, etc.
Warehouse/Distributor – involved in the storage or transfer of products from manufacturer/producer to point of sale (wholesale or retail)
Wholesaler/Traders – involved in the bulk sales of products as agents of manufacturers/producers; they repackage products into smaller units which, they sell to retailers (e.g., meat products to wet market vendors, branded TV sets to appliance shops, newspapers to newsstands, etc.)
Retailer – selling through its own shops where end-user or consumers buy the products.
Exporter/Importer – involved in the buying/transporting/selling of products to/from abroad.
17. Customer Count
To be able to sell, you need to count many buying customers you can attract. The market does not come by through miracles. It happens by choice.
18. Do it Right, Do it Legal
In a business set-up, you don’t want your business to be illegitimate or be copied/taken away from you by someone else in the future. To be legal is easy! Just choose a name and then visit the Department of Trade and Industry (DTI). Just be ready to pay the business registration fees. You also need to get Barangay clearance, get business permit from your municipality or city and register your business with the Bureau of Internal Revenue (BIR) and apply for your business’s taxpayers identification number (TIN), registration of books of accounts, and authority to print.
19. Equipment, Employee, Extras
This part of business set-up can either make or break the wannabe entrepreneurs’ passion for the upcoming business because by this time he’ll be swamped with all the M’s. MATERIALS – MACHINE – MAN – METHODS - MONEY.
20. Funding the Business
The biggest reason why people with good business ideas cannot go into business is because they do not have the money to fund the start-up of their business. Smart entrepreneurs use their savings as leverage for BANK LOANS from friendly savings bank. Other sources of funds are parents and very close family friends, local cooperatives, company savings and loans associations, microfinance institutions, government agencies like DOST, DSWD, government banks like DBP, PNB and LANDBANK, and quasi-government finance corporations like Small Business Corporation.
21. Go Master Set-up
The challenge in Master Set-up is: If you cannot make profit with little money, then you won’t make profit even with lots of money. One you put your own money in the business, you will make all the effort and time to make the business successful.
Source: 21 Steps on How to Start Your Own Business (GoNegosyo)
http://ping.fm/Cg9h9
Dean Pax Lapid of the Entrepreneurs School of Asia, and self-help guru and motivational speaker Ping Sotto combine their vast experiences and share the formula to business success in this user-friendly workbook.
Are you ready to learn the how to start your own business in 21 steps? Here are the summary of the steps mentioned in the book 21 Steps On How To Start Your Own Business.
Master Self
1. Ambition
Big dreams are important, but it is more important to have the commitment/passion and right attitude/effort to pursue that dream till it become reality.
2. Believe
Commit to what you believe and have the passion for your idea.
3. Choice, not Crisis, not Chance
Your decisions, not your conditions, determine your destiny. So Choose then Change.
4. Dream Big, Start Small
DREAM BIG is an amazing principle. When you have a BIG DREAM and you believe in it with enthusiasm and conviction, then you can achieve it. Take and break your plans into bite-size pieces that you can handle and chew.
5. Employee or Entrepreneur? Both!
While you’re young, build your skills and network in the industry that you plan to do business in.
6. Fear of Failure
To live a life in fear is to live a life half-lived. Maximize what God has given you in term of talents and abilities.
7. Go Master Self
All it takes to have mastery of self is to dream, believe and achieve. Vision must be accompanied by passion and action towards goals. The secret to business success is commitment to get started and to keep going despite the odds. This is the thing that divides the ordinary from the successful ones.
Master Opportunity
8. A Compelling Reason
One of the most important factors for success (whether in business or in any personal endeavor) is to understand clearly your reason for doing what you are doing. So, you need to be very clear about your reason for starting a business. There is nothing wrong with going into business for financial reasons, but you have to go beyond the money. Your reason should be personal and compelling enough to motivate you to make your business happen, and to push yourself to overcome future obstacles.
9. Bright Idea
Bright ideas run the world. Can you imagine a world now without light bulbs, airplanes, cars... and more recently cellphones, computers and the Internet? What are your bright ideas that you can turn into a product/service that will add value to your target end-user? You can focus now on which of these ideas you love to do and what you’re good at.
10. Choose Your Market
Know WHO are your best customers. What are their life stage and income level. Where your customers will come from and why and how your customers might buy your product or service?
11. Differentiate or Die
Now that you have a bright ideas and have a chosen market, you need to differentiate to stand out from the rest, otherwise competition can kill your business.
12. Estimate Your Sales
Your idea is a successful business opportunity if anchored on a product or service that adds value to the customer (market) where DEMAND (SALES) is big and sustainable (so that you may earn profit).
13. Fit = Value
There will be TWO THINGS that people will value. Solutions to their PROBLEMS/NEED + A HAPPY and GOOD FELLING.
14. Go Master Opportunity
7 Final Questions to Master Opportunity
1. What potential opportunities/trends do you see in the business you are going to enter?
2. What are your compelling reason for going into business? Which business set-up are you going to go for: own start-up, franchise, or taking over/expanding an existing business?
3. What do you currently know about the business you are going into? What is your distinct competence or advantage?
4. Who are your target customers? Have you observed or talked to them already?
5. Can you described in detail what your products/services would be like?
6. How are you different from dominant competitors?
7. Can you estimate sales for your product?
Master Set-up
15. Actual Product
In order for the bright idea to be a big hit, the actual product must be able to compete first in the customer’s mind. After competing in the mind of the customer, you must compete in the customer’s heart. Once the heart is won, the hand automatically goes into the wallet to get the money to buy your product.
16. Business Model/Set-up
Here’s the definition of the various business models you can start with:
Manufacturer – Involved in the manufacture of industrial or commercial products like food, clothing, metals, chemicals or printing materials, et.
Producer – Involved in the growing of agricultural crops or livestock like rice, corn, vegetables, fruits, cattle or pigs, etc.
Warehouse/Distributor – involved in the storage or transfer of products from manufacturer/producer to point of sale (wholesale or retail)
Wholesaler/Traders – involved in the bulk sales of products as agents of manufacturers/producers; they repackage products into smaller units which, they sell to retailers (e.g., meat products to wet market vendors, branded TV sets to appliance shops, newspapers to newsstands, etc.)
Retailer – selling through its own shops where end-user or consumers buy the products.
Exporter/Importer – involved in the buying/transporting/selling of products to/from abroad.
17. Customer Count
To be able to sell, you need to count many buying customers you can attract. The market does not come by through miracles. It happens by choice.
18. Do it Right, Do it Legal
In a business set-up, you don’t want your business to be illegitimate or be copied/taken away from you by someone else in the future. To be legal is easy! Just choose a name and then visit the Department of Trade and Industry (DTI). Just be ready to pay the business registration fees. You also need to get Barangay clearance, get business permit from your municipality or city and register your business with the Bureau of Internal Revenue (BIR) and apply for your business’s taxpayers identification number (TIN), registration of books of accounts, and authority to print.
19. Equipment, Employee, Extras
This part of business set-up can either make or break the wannabe entrepreneurs’ passion for the upcoming business because by this time he’ll be swamped with all the M’s. MATERIALS – MACHINE – MAN – METHODS - MONEY.
20. Funding the Business
The biggest reason why people with good business ideas cannot go into business is because they do not have the money to fund the start-up of their business. Smart entrepreneurs use their savings as leverage for BANK LOANS from friendly savings bank. Other sources of funds are parents and very close family friends, local cooperatives, company savings and loans associations, microfinance institutions, government agencies like DOST, DSWD, government banks like DBP, PNB and LANDBANK, and quasi-government finance corporations like Small Business Corporation.
21. Go Master Set-up
The challenge in Master Set-up is: If you cannot make profit with little money, then you won’t make profit even with lots of money. One you put your own money in the business, you will make all the effort and time to make the business successful.
Source: 21 Steps on How to Start Your Own Business (GoNegosyo)
http://ping.fm/Cg9h9
Wednesday, March 14, 2012
Tips to Pay off Your Debts and Save Both at a Time
In this age of economic turbulence and post recession hangover, can you imagine your life without mounting credit card bills, payday loans, medical bills and student loan debts? No, I guess. This is quite common in US. Millions of consumers have their entire salary paid to their credit card debts and only one percent of their paycheck occasionally goes towards their retirement plan. What they fail to understand is by following this lifestyle they could hardly take care of your savings account and end up getting into more debts. However, if you could have saved a substantial amount of your income and build up a strong saving account, you don’t have to depend on credit card debts or pay day loans to cover your urgent expensed. If you are wondering which to do first, paying off your debts, or saving for future, the following article can help you out.
Read on to know the tips, which can help you pay off your debts and save for a secure future, both at a time. Pave the path towards a debt free life while making a little extra savings for secure financial future.
• First and foremost, contribute as much as you can towards your debt payment.
• Next, look for government aids, which will help you save more.
• One more trick that you can play to deal with debt payment and saving both together.
• Try to devote all the extra money you earn to pay off your debt faster.
• Last but not the least; make sure you put all these extra money towards paying off your debts.
http://ping.fm/aJyB1
Read on to know the tips, which can help you pay off your debts and save for a secure future, both at a time. Pave the path towards a debt free life while making a little extra savings for secure financial future.
• First and foremost, contribute as much as you can towards your debt payment.
• Next, look for government aids, which will help you save more.
• One more trick that you can play to deal with debt payment and saving both together.
• Try to devote all the extra money you earn to pay off your debt faster.
• Last but not the least; make sure you put all these extra money towards paying off your debts.
http://ping.fm/aJyB1
Best Ways to Invest Money for Good Return on Investment
What is the best way to invest money? Is it the real secret wealthy people keep on investing to keep their money growing? With unstable economic environment, you might think that it might be safer to hide your money in your safe deposit box, inside an old jar or under the mattress. But if you want to grow your money, like smart investors did, you should make your money work for you by investing in investment instruments that will bring you better return on investment.
Investing money doesn't have to be a big stressful risk-induced venture. In fact, investing your money is probably one of the smartest things you can do. You are securing your financial future and ensuring that you are covered in case something happens.
An investor with a small amount should focus on retaining his capital. The best way to invest money is to be sensible. Start with a safer investment. Start small and slowly build up the money over time through prudent decisions.
No investor should invest what he cannot lose. Be wise. Try to make a small gain, increasing your capital gradually. No solid building is built-in a day.
When a larger amount is involved, there is more leeway for error. Higher cash amounts can withstand initial losses more readily. Concentrate on sound investments that will accrue value eventually.
Smart Investors grow their money by:
• Investing in Retirement Pension
• Investing in Health Insurance
• Investing by Saving Money in the Bank
• Investing in Bonds
• Investing in Time Deposits
• Investing in Stocks
• Investing in Mutual Funds
• Investing in Real Estate
• Investing in Education
A wise investor does not believe everything he hears. So don't jump into anything that you are unprepared for. Before investing your hard-earned money, set your desired return goal. Wait for your opportunity, get ready and then grab your profits.
http://ping.fm/0NO1F
Investing money doesn't have to be a big stressful risk-induced venture. In fact, investing your money is probably one of the smartest things you can do. You are securing your financial future and ensuring that you are covered in case something happens.
An investor with a small amount should focus on retaining his capital. The best way to invest money is to be sensible. Start with a safer investment. Start small and slowly build up the money over time through prudent decisions.
No investor should invest what he cannot lose. Be wise. Try to make a small gain, increasing your capital gradually. No solid building is built-in a day.
When a larger amount is involved, there is more leeway for error. Higher cash amounts can withstand initial losses more readily. Concentrate on sound investments that will accrue value eventually.
Smart Investors grow their money by:
• Investing in Retirement Pension
• Investing in Health Insurance
• Investing by Saving Money in the Bank
• Investing in Bonds
• Investing in Time Deposits
• Investing in Stocks
• Investing in Mutual Funds
• Investing in Real Estate
• Investing in Education
A wise investor does not believe everything he hears. So don't jump into anything that you are unprepared for. Before investing your hard-earned money, set your desired return goal. Wait for your opportunity, get ready and then grab your profits.
http://ping.fm/0NO1F
Where to Invest Money Guide
“Where to invest my money now” is the question of the new decade. When you are just beginning your investment journey this is a very important question as it is vital that you get off to a good start. Too many people have one bad experience with investing and then turn their back on it for the rest of their lives. When you are learning where to invest your money the most common problem is that you have too many options.
It's time to decide where to invest money in 2012 and beyond. The flow of money and the investment tide could be changing, so you'll want to invest money with your eyes wide open going forward.
So how to you decide where to invest your money? After you consider your investment objective, time frame, and appetite for risk, you can start evaluating your options.
Finding the best safe investments will be truly challenging in 2012 and deciding where to invest your money is a very big choice. Read available information you can get about investing your money, for educating yourself about investing, what to invest and where to invest your money will break down your fear of investing. To become a successful investor, you need to grow and develop and the best way to do this is to increase your knowledge.
There’s a great guide from MoneySense Ultimate Guide to Financial Planning. Reat it here... http://ping.fm/d2YTK
It's time to decide where to invest money in 2012 and beyond. The flow of money and the investment tide could be changing, so you'll want to invest money with your eyes wide open going forward.
So how to you decide where to invest your money? After you consider your investment objective, time frame, and appetite for risk, you can start evaluating your options.
Finding the best safe investments will be truly challenging in 2012 and deciding where to invest your money is a very big choice. Read available information you can get about investing your money, for educating yourself about investing, what to invest and where to invest your money will break down your fear of investing. To become a successful investor, you need to grow and develop and the best way to do this is to increase your knowledge.
There’s a great guide from MoneySense Ultimate Guide to Financial Planning. Reat it here... http://ping.fm/d2YTK
Sunday, March 11, 2012
Investing in the Stock Market (Free Seminar)
You can attend free seminars today to learn how to invest in the stock market and build wealth with stocks.
For your easy reference, here are seminar offerings for this month and the succeeding months.
PSE Academy
Building Wealth with Stocks
A free monthly seminar on the basics of stock investing, which includes a lecture and a quick tour to the PSE. This seminar is FREE inclusive of handouts to be sent via e-mail.
Date: Every last Tuesday of the Month
Time: 10:00 AM – 12:00 NN
Venue: 2/F PSE Board Room, PSE Centre, Tektite Building, Ortigas Centre, Pasig City
For registration, please e-mail your full name and contact number to academy@pse.com.ph or visit www.pseacademy.com.ph. Pre-registration is highly encouraged. Walk-ins shall be admitted subject to availability of seats.
PSE Academy
Tel. No.: 688-7537 to 39 or 688-7465 | Fax No.: 659-3450 | E-mail Address: academy@pse.com.ph
CitisecOnline
COL EASY INVESTMENT PROGRAM: Simple Stock Market Investing
Date: March 5, 9, 12, 19, 23, 26, April 2, 10, 13, 16, 23, 27, 30, 2012
Time: 3:00pm to 4:30pm
Venue: COL Training Center, 24F East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City
Investing in the Stock Market Today
Date: March 1, 6, 8, 15, 20, 22,29, April 3, 12, 17, 19, 26, 2012
Time: 2:00 pm to 5:00 pm
Venue: COL Training Center, 24F East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City
I’m sure, these seminars will help your learn how to invest in the stock market and build wealth from the stocks you will buy in the future.
http://ping.fm/39eEC
For your easy reference, here are seminar offerings for this month and the succeeding months.
PSE Academy
Building Wealth with Stocks
A free monthly seminar on the basics of stock investing, which includes a lecture and a quick tour to the PSE. This seminar is FREE inclusive of handouts to be sent via e-mail.
Date: Every last Tuesday of the Month
Time: 10:00 AM – 12:00 NN
Venue: 2/F PSE Board Room, PSE Centre, Tektite Building, Ortigas Centre, Pasig City
For registration, please e-mail your full name and contact number to academy@pse.com.ph or visit www.pseacademy.com.ph. Pre-registration is highly encouraged. Walk-ins shall be admitted subject to availability of seats.
PSE Academy
Tel. No.: 688-7537 to 39 or 688-7465 | Fax No.: 659-3450 | E-mail Address: academy@pse.com.ph
CitisecOnline
COL EASY INVESTMENT PROGRAM: Simple Stock Market Investing
Date: March 5, 9, 12, 19, 23, 26, April 2, 10, 13, 16, 23, 27, 30, 2012
Time: 3:00pm to 4:30pm
Venue: COL Training Center, 24F East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City
Investing in the Stock Market Today
Date: March 1, 6, 8, 15, 20, 22,29, April 3, 12, 17, 19, 26, 2012
Time: 2:00 pm to 5:00 pm
Venue: COL Training Center, 24F East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City
I’m sure, these seminars will help your learn how to invest in the stock market and build wealth from the stocks you will buy in the future.
http://ping.fm/39eEC
Beginner's Guide to Stock Market Investing
Beginners interested to invest in the stock market should study Philippine Stock Exchange Basic Guide first before investing his hard-earned money. It’s better to familiarize the market in his high risk investing journey to avoid or minimize lossing money in the end.
An investor need to find answers on many things related to investing in the stock market, such as, Why I need to invest my money? Why I choose the stock market? What are Stocks? What is the stock market? How can I make my money grow in the stock market? When should I start investing in the stock market? How much of my savings should I invest in the stock market? How do I start investing in the stock market? How do I choose a stockbroker? Who are the stock market participants? How are stocks traded? How do I open an account with a stockbroker? How can I place an order? What are the cost of trading? How do I keep tract of the stock market and my investments? What are the investment guidelines I can follow?
Answers to these questions will greatly help a new investor familiarize how the stock market investing works especially in the Philippine Stock Market settings.
An investor need to find answers on many things related to investing in the stock market, such as, Why I need to invest my money? Why I choose the stock market? What are Stocks? What is the stock market? How can I make my money grow in the stock market? When should I start investing in the stock market? How much of my savings should I invest in the stock market? How do I start investing in the stock market? How do I choose a stockbroker? Who are the stock market participants? How are stocks traded? How do I open an account with a stockbroker? How can I place an order? What are the cost of trading? How do I keep tract of the stock market and my investments? What are the investment guidelines I can follow?
Answers to these questions will greatly help a new investor familiarize how the stock market investing works especially in the Philippine Stock Market settings.
Saturday, March 10, 2012
Henry Sy's Success Secrets
There's a lot to say about the man popularly known as the country's largest mall developer. As chairman of the SM Group of Companies, he heads one of the biggest conglomerates in the region with a reach that extends to industries such as retail and real estate, banking and finance, and mall operations.
As the richest businessman in the Philippines, many people looked at him as a role model in business acumen. They wanted to learn the success secrets of this indefatigable tycoon.
In the book Success Secrets of the Country’s 50 Top Entrepreneurs by Entrepreneur Philippines, he revealed his success secrets to every Filipino especially the entrepreneur-minded people. I'll share it with you here...
Here are the secret sauce of his investing success:
On work
“While I am not big with words, I am big and bold in dreams and vision. By nature, I am curious and adventurous. I like the excitement of change and new and better ideas. I look for excellence in performance.”
On his management style
“I am hands-on and personalized in my management style. I do not do things on impulse. I think long and hard about every project.”
On relationship
“In life and in business, you need to be a good-hearted and trust worthy. This is the way to build long-term relationships.”
On having balance
“Another important thing is balance in life. When you succeed, do not change your lifestyle. Equally important, keep your feet on the ground.”
On goal-setting
“Know what you want and have a goal. Do something you like.”
On planning
“You must plan well and work had to realize it. Stay focused on whatever you do and do your best.”
On crises and opportunities
“I have been in business for over 50 years, and have experienced many crises – the declaration of Martial Law in 1972, the Aquino assassination in 1981; the series of military coups from 1987 to 1989, and worst of all, the Asian financial crisis in 1997. But crises produce opportunities, and when they come, you have to be ready to embrace them. Otherwise, they go to somebody else.”
On success
“Success in not just good luck. It is a combination of hardwork, good credit standing, opportunity, readiness, and timing.”
On why he continues to work
“On some occasions, I bump into friend whom I have not seen for a long time. They ask me, “You have done so much already. What are you still working for?” I tell them, ‘I dream a lot, and I like to make things happen.’”
Henry Sy’s Golden Rule
“There is not such things as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways. Success is not just good luck: it is a combination of hardwork, good credit standing, opportunity, readiness and timing. Success will not last if you do not take care of it.”
He had no money when he came to Manila from China before World War II. But now, he's one of the planet's wealthiest people.
http://ping.fm/4h9LI
As the richest businessman in the Philippines, many people looked at him as a role model in business acumen. They wanted to learn the success secrets of this indefatigable tycoon.
In the book Success Secrets of the Country’s 50 Top Entrepreneurs by Entrepreneur Philippines, he revealed his success secrets to every Filipino especially the entrepreneur-minded people. I'll share it with you here...
Here are the secret sauce of his investing success:
On work
“While I am not big with words, I am big and bold in dreams and vision. By nature, I am curious and adventurous. I like the excitement of change and new and better ideas. I look for excellence in performance.”
On his management style
“I am hands-on and personalized in my management style. I do not do things on impulse. I think long and hard about every project.”
On relationship
“In life and in business, you need to be a good-hearted and trust worthy. This is the way to build long-term relationships.”
On having balance
“Another important thing is balance in life. When you succeed, do not change your lifestyle. Equally important, keep your feet on the ground.”
On goal-setting
“Know what you want and have a goal. Do something you like.”
On planning
“You must plan well and work had to realize it. Stay focused on whatever you do and do your best.”
On crises and opportunities
“I have been in business for over 50 years, and have experienced many crises – the declaration of Martial Law in 1972, the Aquino assassination in 1981; the series of military coups from 1987 to 1989, and worst of all, the Asian financial crisis in 1997. But crises produce opportunities, and when they come, you have to be ready to embrace them. Otherwise, they go to somebody else.”
On success
“Success in not just good luck. It is a combination of hardwork, good credit standing, opportunity, readiness, and timing.”
On why he continues to work
“On some occasions, I bump into friend whom I have not seen for a long time. They ask me, “You have done so much already. What are you still working for?” I tell them, ‘I dream a lot, and I like to make things happen.’”
Henry Sy’s Golden Rule
“There is not such things as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways. Success is not just good luck: it is a combination of hardwork, good credit standing, opportunity, readiness and timing. Success will not last if you do not take care of it.”
He had no money when he came to Manila from China before World War II. But now, he's one of the planet's wealthiest people.
http://ping.fm/4h9LI
Friday, March 9, 2012
Good Ways to Save Money from Tax Deductions
Tax planning can help lower – and even altogether avoid your tax payments.
But let’s clear things up first. Tax avoidance is not the same as tax evasion. Evasion lands you in jail, while avoidance is applying the law to cut down on tax obligations.
What can I do to reduce my income tax obligations? This is the burning questions in the minds of most taxpayers. And attempt to minimize one’s taxes doesn’t necessarily amount to fraud.
Taxpayers were all looking for ways to save money on taxes. While paying taxes is a duty of every responsible citizen, you don't necessarily need to pay as much as you are right now. One thing that should keep you motivated while preparing your tax return is the allowable tax deductions. If you know about the items that can qualify for a deduction, you can actually save money by avoiding overpayment of your taxes. What many of the tax payers fail to recognize is the tax laws are really setup with ways to help you.
Tax planning is a great way to start for availing tax benefits and savings. If you are looking to maximize your savings, then you need to keep an account of your incomes and expenditures and prepare all your saving plans in advance. To plan your savings, a key factor that is crucial to your tax saving plan is the income earned per annum as well as the income tax laws governing the country.
It will be a good practice if you keep good records and you understand what deductions to declare and save money during tax time.
For more information, read 14 good ways to save money from tax deductions.
But let’s clear things up first. Tax avoidance is not the same as tax evasion. Evasion lands you in jail, while avoidance is applying the law to cut down on tax obligations.
What can I do to reduce my income tax obligations? This is the burning questions in the minds of most taxpayers. And attempt to minimize one’s taxes doesn’t necessarily amount to fraud.
Taxpayers were all looking for ways to save money on taxes. While paying taxes is a duty of every responsible citizen, you don't necessarily need to pay as much as you are right now. One thing that should keep you motivated while preparing your tax return is the allowable tax deductions. If you know about the items that can qualify for a deduction, you can actually save money by avoiding overpayment of your taxes. What many of the tax payers fail to recognize is the tax laws are really setup with ways to help you.
Tax planning is a great way to start for availing tax benefits and savings. If you are looking to maximize your savings, then you need to keep an account of your incomes and expenditures and prepare all your saving plans in advance. To plan your savings, a key factor that is crucial to your tax saving plan is the income earned per annum as well as the income tax laws governing the country.
It will be a good practice if you keep good records and you understand what deductions to declare and save money during tax time.
For more information, read 14 good ways to save money from tax deductions.
iPad 3 Release Date is Coming!
It's now certain, iPad 3 release date is coming. The new, faster Apple iPad is expected to come out next week. This is the consensus of Apple iPad 3 watchers who were waiting too long and asking when is iPad 3 coming out in the market.
It’s been rumored that Apple iPad 3, one of the most anticipated devices from Apple this year will offer great features.
Here are Everything You Need to Know of the New iPad 3 mentioned at Lifehack.
• The new iPad features a Retina Display that is 2048×1536. That contains 3.1 million pixels on a 9.7″ display.
• The new iPad will come in either Black or White.
• Support for Bluetooth 4.0.
• New A5X processor that delivers dual-core processing and quad-core graphics. The A5X is said to be 2 times faster than Tegra 3.
• The new display will bring 44% better color saturation than that of the iPad 2.
• The new iPad is a tad thicker (.37 compared to .34 inch) is a tad heavier (1.44 compared to 1.44 pounds). The 4G models are slightly heavier.
• Up to 10 hours of battery, 9 hours with 4G.
• AirPlay mirroring to the new Apple TV at 1080p.
• New iSight camera with a 5 element lense at 5MP. It includes auto-exposure and auto-focus. It’s basically the same setup as the iPhone 4′s camera.
• The new camera has face-detection and 1080p video recording with image stabilization.
• The iPad will have voice dictation built in, but no word of full Siri integration. No word yet on whether you have to be connected to the Internet to do this (although you most likely do).
• 4G LTE support is a go. LTE can get up to speeds such as 73Mbps. The new iPad will come to AT&T and Verizon in the States.
• The new iPad will be “world ready” with 3G, will have 4G LTE support Rogers, Bell, Telus and AT&T
• The prices will be the same as the iPad 2 model. $499 for the 16GB, $599 for 32GB, $699 for 64GB WiFi models. $629, $729, and $829 for the 16GB, 32GB, and 64GB WiFi + 4G models respectively.
• The iPad 2 will still be sold in a 16GB flavor for $399 or $529 for WiFi or 3G + WiFi respectively.
• The new iPad will be available on March 16th and now for pre-order (good luck accessing the Apple Store).
• The iWork suite has been updated and will be the $9.99 per app (or free for the upgrade).
• New iPhoto for iPad (Gruber called it) gives you advanced photo editing capabilities and library storage. It can also allow you to create “scrapbook” types of libraries that almost remind one of a nice photo journal with maps and notes.
For some, it's a waste of money to buy a gadget that will loss half its value after 6 months. But for those who believe that Apple iPad 3 will be a great tool to improve productivity, it's a good investment strategy.
It’s been rumored that Apple iPad 3, one of the most anticipated devices from Apple this year will offer great features.
Here are Everything You Need to Know of the New iPad 3 mentioned at Lifehack.
• The new iPad features a Retina Display that is 2048×1536. That contains 3.1 million pixels on a 9.7″ display.
• The new iPad will come in either Black or White.
• Support for Bluetooth 4.0.
• New A5X processor that delivers dual-core processing and quad-core graphics. The A5X is said to be 2 times faster than Tegra 3.
• The new display will bring 44% better color saturation than that of the iPad 2.
• The new iPad is a tad thicker (.37 compared to .34 inch) is a tad heavier (1.44 compared to 1.44 pounds). The 4G models are slightly heavier.
• Up to 10 hours of battery, 9 hours with 4G.
• AirPlay mirroring to the new Apple TV at 1080p.
• New iSight camera with a 5 element lense at 5MP. It includes auto-exposure and auto-focus. It’s basically the same setup as the iPhone 4′s camera.
• The new camera has face-detection and 1080p video recording with image stabilization.
• The iPad will have voice dictation built in, but no word of full Siri integration. No word yet on whether you have to be connected to the Internet to do this (although you most likely do).
• 4G LTE support is a go. LTE can get up to speeds such as 73Mbps. The new iPad will come to AT&T and Verizon in the States.
• The new iPad will be “world ready” with 3G, will have 4G LTE support Rogers, Bell, Telus and AT&T
• The prices will be the same as the iPad 2 model. $499 for the 16GB, $599 for 32GB, $699 for 64GB WiFi models. $629, $729, and $829 for the 16GB, 32GB, and 64GB WiFi + 4G models respectively.
• The iPad 2 will still be sold in a 16GB flavor for $399 or $529 for WiFi or 3G + WiFi respectively.
• The new iPad will be available on March 16th and now for pre-order (good luck accessing the Apple Store).
• The iWork suite has been updated and will be the $9.99 per app (or free for the upgrade).
• New iPhoto for iPad (Gruber called it) gives you advanced photo editing capabilities and library storage. It can also allow you to create “scrapbook” types of libraries that almost remind one of a nice photo journal with maps and notes.
For some, it's a waste of money to buy a gadget that will loss half its value after 6 months. But for those who believe that Apple iPad 3 will be a great tool to improve productivity, it's a good investment strategy.
Wednesday, March 7, 2012
Online Investing Opportunity
Playing the stock market for beginners is not at all complicated and high risk. With the help of CitisecOnline, the number one stock brokerage firm in the Philippines, one can invest safely his hard-earned money in the COL Easy Investment Program and with less risk. This investment scheme allows the ordinary investor to partake of the gains in the stock market. And it is a good personal wealth-building tool and ideal way to build retirement fund. You can read more information on this post: http://ping.fm/fBqOV
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