Emergency Fund Placement

I blogged about BPI increasing their minimum SDA requirement to Php 500,000 and my search for other viable investment vehicle where I can put my emergency fund. I'm happy because I was able to place the available funds last week.

Accessibility is one of my main considerations. I should be able to withdraw the funds around 2 days when needs arise. This is the reason why I still keep some in my savings account because money is only one ATM machine away. However, savings account only gives a very minimal interest rate, that's why, I feel the need to put a portion to other investment account that has a higher yield with a manageable risk.

It's Beginning to Look A Lot Like...

Christmas!!!

Whether you like it or not, Christmas is not just the most wonderful time but also (one of the) most expensive time of the year. Sales are everywhere, and to make matters worst, malls will be playing Christmas tunes while you're shopping (this gets me in the mood to shop more.) During the beginning of my working days, I find myself broke after holidays - after all those gift buying for various inaanaks, colleagues, friends, and family members, plus all that Christmas parties, who wouldn't? But inspite of all of these, I'm still a Christmas fan.

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. :)