Manila, Philippines
geri@investmoney.com.ph

Category: Ironies of Life

Gains From a Night at Solaire Casino

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Did not really go there expecting to win anything. And I didn’t. But with the few hours spent there, I also did not expect to have some realizations on gambling, investing, how they are worlds apart, and why Juan prefers to bet on the wrong side.

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filipinos prefer horserace

Filipinos Prefer Lotto and Horserace vs Stocks: Lack Education and Patience?

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Why would Filipinos rather bet on lotto, sabong, horse racing than try and learn investments? Too complicated? Impatient to get rich? Or tamad to get out of comfort zone?

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Most Valuable Asset for 2013: Time

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“The best gift of love is time” because the seconds we have spent will never be repaid, never repeated, cannot be given back to us by those we spend time with.

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How Take Calculated (Unfoolish) Risks – Mangun

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“I am happy to put up 1 million to gain 100,000 if the odds are 95 percent in my favor. I am not willing to buy a P10 lotto ticket to win P10 million because the odds are greater than a million to one against me. Both the successful stock and poker players understand this concept. That is why they are the winners. (Mangun)”

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Difference of Pyramid Scam vs Multi-level Marketing

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Main difference is that no return is guaranteed here. Though I’ve noticed that the way they sell MLMs, outrageous returns are used as examples

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I Am Destined For Something Greater

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I say to my self that it can’t be just this, there must be a greater purpose why I’m getting these good breaks, these big blessings. I pray that I figure out soon. I just hope that I live up to that greater destiny. To that Greater Purpose.

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More Impatient with More Speed in Life

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I remember my Philo teacher (again) who once said that “our lives have become fast-paced and more instant than ever, and yet we have become more and more impatient as well”.

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Social Networks and the Important Connections in Life

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And then it dawned to me, I need connections. Real connections that matter. To an average Filipino who grows up in a middle class to below middle class family, growing up with connections will be crucial but will be difficult.

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Filipinos’ Sense of Entitlement Is Twisted

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We tend to ask for more at the wrong instances, and settle for less again at the wrong instances. Twisted. Or maybe just tired? Or afraid to confront others?

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