Investment Vehicles to Avoid

Posted Leave a commentPosted in Investments, Financial Literacy, High Yield Deposits, UITF / Mutual Funds, Insurance, Personal Finance

As you make important decisions about your money and what to invest in, it’s good to know which investments are good and which ones aren’t. Unfortunately, this isn’t always clear. […]

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Ask Geri: Investment Options for a College Student

Posted Leave a commentPosted in Affiliate Marketing, Investments, Passive Income, Financial Literacy, Stocks, Ask Geri, Insurance, Personal Finance

Whatever course you are in right now, your skills, marketability and time are all investments. As such make sure to hone your skills and talents while still in college, such that when you graduate, you either become an sought-for asset to a company, or a young competent leader of your businesses.

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Ask Geri: OFW Prepared for Death Expenses, Now How to Live?

Posted Leave a commentPosted in Financial Literacy, Ask Geri, Financial Freedom, UITF / Mutual Funds, Insurance, Personal Finance

In a gist, VUL asks you to commit a monthly payment whether it is for the next 5, 7, 10 or 15 years. During this time, a portion goes to protection by guaranteeing an amount in case the owner dies, suffers disability or critical illness. Further a portion is invested in instruments that work like a Mutual Fund / UITF which grows exponentially over time. This fund is withdrawable for any use, such as eventual retirement, tuition fees, home purchase etc.

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Ask Geri: Can You Send Me a Sample VUL Computation?

Posted 9 CommentsPosted in Financial Literacy, Plugs, Insurance, Personal Finance

Notice that DG’s quotes provide for higher death benefit for lower annual premium given that she is much younger than RCM. Also, the projected fund value by 65 y/o is much higher, in spite of lower premium (hence lower investment amount), since DG has more invested years before reaching 65 y/o, compared to RCM. This is simply time value of money and compounding at work.

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Where to Put My Christmas Bonus? v2

Posted 1 CommentPosted in Investments, Financial Literacy, UITF / Mutual Funds, Credit and Loans, Personal Loans, Insurance, Personal Finance

Fully or partially pre-term your loans. I know this sounds so killjoy but hey, delay of gratification is always gratifying. And think about this. Imagine the interest savings you can get by pre-terminating your loans. Or the freed up money that used to be spent on amortizations.

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