Money Magnets

I am a Money Magnet! We are Money Magnets!

The team behind PinoyMoneyTalk.com came up with a new site to help Filipino investors learn which stocks to invest in in the Philippine Stock Exchange.  This new site is called Pinoy Investor.

Here's what the site is all about

I am a Money Magnet! We are Money Magnets!

The HSBC Premier Market watch seminar was held on March 14, 2012.  It was conducted by Moises Esguerra, fund manager from Sun Life Financial Philippines.  The seminar covered the fund manager's market outlook here in the Philippines and a summary of the fund performance of Sun Life's Mutual Funds.  Here are the highlights of the seminar:

Philippine Market Summary:

• Philippine stocks ended Feb-2012 with another stellar performance up 4.6% month-on-month (+215 points), and up 12% on a year-to-date basis, its best in the last few years.
• The month also saw the PSEi hit consecutive record levels reaching 4897.65 points last February 29 in a liquidity driven rally.  Net foreign buying for the month reached  USD $170 million.
• The PSEi recently hit another all time high of 5030.58 points last March 5. (5,050 points last March 14).  To date, the index is still up by 14% as of March 9, 2012. (More after the jump)

I am a Money Magnet! We are Money Magnets!

While Robert Kiyosaki wrote in his book Rich Dad's Conspiracy of the Rich that investing in the stock market is actually a financial fairy tale that when done wrongly is actually quite similar to gambling,  he does believe also however that there is a right way to invest in the stock market and that to be truly diversified, one must have paper assets like owning shares of a company.  In his Rich Dad Coaching site, he has these pointers to give for Money Magnets who are interested in investing the right way in the stock market.  After all, he considers financial education as the best tool one can have to learning how to make money work for you!