Why, BPI, Why?

In an effort to encourage people to invest in their Short Term Fund, BPI increased the minimum amount requirement to open a Special Deposit Account (SDA) to Php 500,000. Previously, one can open an account for only Php 50,000.

To give you a background, SDA is like a time deposit with a higher yield (lately, I got it at around 2.6-2.8% net of all fees).  SDA is a short-term investment which matures around 30-35 days. However, unlike time deposit, you cannot pre-terminate it. This type of account is not guaranteed by the PDIC, but by BSP - which makes it a relatively safe investment. Perfect placement for some of my emergency funds.

Earning While Sick

I think there's a virus in our office. I already have a couple of colleagues who took their sick leave a week ago. And last Tuesday, it was my turn. I suddenly felt chills Monday afternoon. I thought it was just the air conditioner. But I still have it when I got home. So I decided to take a time off the next day. While having my  rest, I decided to check my stocks. I also noted that EastWest (which I bought on their IPO) is increasing steadily. I don't know what got over me, maybe I learned my lesson not to be greedy, but I sold it at Php23.15. Now I found that the price further increased to Php23.30. Hah! Anyway, a gain is still a gain and I'm happy (I only got few EW stocks, so a gain of almost Php4K is not bad at all).

Date A Girl Who Invests in the Stock Market

Finally! After seeing all those "Date A Girl Who..." articles, I finally found something that I can relate to. :p This is just too good not to share:

Date A Girl Who Invests in the Stock Market

I particularly love this part:

"A girl who invests in the stock market will be the rarest people you'll meet here in the country. So when you find her: love her and never let her go. Invest your time understanding her. Invest your money creating beautiful memories with her."

See? I feel so radiantly beautiful all of a sudden. :)

What Keeps Me Busy Lately

It has been a long time since I last posted in this blog. Sorry about that. I'm actually busy doing my case study for the RFP Program that I took last July. Our task is to present a case on financial planning for a client. This financial plan consists of cash management, education (for those with kids), protection (insurance), and retirement. It took me a long time to figure out who will be my client, I finally found one, and they are close to me all along. I won't go much into the details, but I'm happy that I finally have a "client" for the case study. It's time for me to hold my White Collar marathon for a while and start doing the paper which is due 2 weeks from now. I just hope I'll pass the defense. Wish me luck.

I'm sorry, Neil. But I'll see you in two weeks, sweetie. :)
Photo source

My Insurance Query Answered

During our Investment Planning class with Mr. Randell Tiongson, I asked him whether I should get another insurance policy aside from what's offered in our company. I'm single and have no kids. I'm not the bread winner in our family, but I contribute every payday. I know insurance is important because I want my family secured in case, you know, I die and go to heaven. :)