Showing posts with label ALFM. Show all posts
Showing posts with label ALFM. Show all posts
Mutual Fund Performance 2014 (1st Quarter)
I am a Money Magnet! We are Money Magnets!
Leading the charge this first quarter are the Equity or Stock Funds and Balanced Funds.
4 Equity-based / Stock Funds were able to produce returns above 9%.
- First Metro Phil Equity Exchange Traded Fund (9.85%)
- Philippine Stock Index Fund (9.83%)
- PhilEquity Fund Inc. (9.26%)
- ALFM Growth Fund Inc. (9.52%)
A good start for the first ETF available in the country!
Lessons from Finance Superstar Suze Orman
I am a Money Magnet! We are Money Magnets!
Personal Finance superstar Suze Orman was in the Philippines for a brief road show, encouraging Filipinos to believe in the Philippines, to start saving, and to finally launch that journey to financial freedom. Here are some of the key points that she imparted during her stay.
On Marriage and Finance
- Having a Prenuptial agreement (prenup) is good.
- Marry someone who you can freely discuss money issues with.
On Debt
- Debt is financial bondage.
- You will never achieve financial freedom if you have debt.
- Pay off all your debt first before you start saving.
- The most common financial sin is Credit Card debt.
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