Archive for July, 2009
Upcoming seminars by the Global Investor’s Center
Interested in learning more about investing and financial planning?
Want to enhane your knowledge about stock picking and mutual funds selection?
Want to diversify outside the Philippines but afraid of the volatility and uncertainty?
Attend the seminars of Global Investor’s Center and learn from their distinguished speakers from the Fortune 500!
Aug 1 Making Money in the Stock Market
by Ricky So
Aug 22 Mastering Mutual Fund Selection
by Mr. Thomas Stanley
Sept 12 Investment 101 for Newly Weds: Building for Your Financial Wealth
by Mr. Francisco Colayco
Reserve your seats now!
Tags: seminars
Frugality of the uber-Rich
Frugality of the uber-Rich
by: Kendrick Chua, the Wealth Warrior
These people may be perhaps the most unorthodox humans ever to roam the face of this planet. You’d think that because these uber-rich have almost unlimited supply of cash, bottomless pockets and fat bank accounts splurges on practically everything their heart desires.
Guess again.
They are perhaps the most frugal people you’d ever come across and its not because they are stingy as what most people think of them but because they just knew the value of money than most people.
Tags: Wealth
Funny Financial Quotes Part 2
Funny Financial Quotes Part 2
Who’s afraid of the depression? I’ve failed in boom times!
Live within your income, even if you have to borrow to do so.
Maybe you can’t buy happiness, but these days you can certainly charge it.
Never buy from a rich salesman.
Never put all your eggs in your pocket.
Unemployment helps stretch your coffee break.
I have to take my paycheck to the bank. It’s too little to go by itself.
I have enough money to last me the rest of my life – unless I buy anything!
Money isn’t everything – there are also stocks, bonds, letters of
credit, traveller’s cheques, drafts, …
Is it true that income tax is a form of capital punishment?
All I ask is a chance to prove that money can’t make me happy.
Borrow money from pessimists-they don’t expect it back.
A budget is just a method of worrying before you spend money, as well as afterward.
By the time you can make ends meet, they move the ends.
Don’t try to keep up with the Joneses; drag them down, it’s cheaper.
Economics is extremely useful as a form of employment for economists. (John Kenneth Galbraith)
Everything I owe, I owe because of my wife.
He who dies with the most toys is still dead
I used to think I was poor. Then they told me I wasn’t poor, I was needy. Then they told me it was self-defeating to think of myself as needy, I was deprived. Then they told me deprived was a bad image, I was underprivileged. Then they told me underprivileged was overused, I was disadvantaged. I still don’t have a dime. But I sure have a great vocabulary. (Jules Feiffer)
I wish the buck stopped here – I could use a few.
If you want to know what God thinks of money, just look at those he gives it to.
It used to be only death and taxes were inevitable, but now there’s shipping and handling, too.
MONEY IS THE ROOT TO ALL EVIL — send $9.95 for more info
The reason we can’t take it with us is because it goes before we do.
Robin Hood had to steal from the rich – the poor were broke.
Shopping: The fine art of acquiring things you don’t need with money you don’t have.
Sixty percent of the country’s wealth is in the hands of women. They’re letting men hold the other forty percent because their handbags are full.
Veni, Vide, Visa: I Came. I Saw. I Did a Little Shopping.
Why do banks charge a fee on “insufficient funds”, they already know we don’t have any money?
Tags: humor
Funny Financial Quotes Part 1
Funny Financial Quotes Part 1
These are funny financial quotes I got from INDEXRIDER of www.income-tacts.com (http://income-tacts.com) 
A fool and his money stabilize the economy.
Be content with what you’ve got, but be sure you’ve got plenty.
Easiest way to figure the cost of living: take your income and add ten percent.
If you would know the value of money, go and try to borrow some.
Ability is like a check, it has no value unless it is cashed.
The best way of “saving money” is to forget whom you borrowed it from.
According to my calculations, the problem doesn’t exist.
Better latent than never.
Everyone has a scheme for getting rich that will not work. ( like theTechnical Analysis)
Remember the golden rule: Those that have the gold make the rules. 
Say no, then negotiate.
Creditors have better memories than debtors.
Don’t lend people money…it gives them amnesia.
The book you spent $20.95 for today will come out in paperback tomorrow.
The first time is for love, the next time is $200.
The one item you want is never the one on sale.
Tags: humor
Why You Need a Financial Advisor
Why You Need a Financial Advisor
by: Kendrick Chua, the Wealth Warrior
Make no mistake about my title, I am not referring to insurance agents who claim to be financial advisors only to peddle product after product to satisfy the need-his (or her) need, not yours. Insurance companies did deem it necessary to elevate the designations of their sales force. After all, being a “financial advisor” is much more glamorous than being an “insurance agent”. The question of which title is nobler is another story.
What I mean by financial advisor is someone who can objectively and impartially give recommendations to help solve the need-yours.
A financial advisor performs several intangible functions on top of your doing your retirement plan, protection analysis and investment options:
Tags: financial advisor
Madoff versus Baladjay: The King of Ponzi versus The Queen of Pyramiding
Madoff versus Baladjay: The King of Ponzi versus the Queen of Pyramiding
by: Kendrick Chua, The Wealth Warrior
Wall Street has had a colorful week to say the least. The notorious Bernard “Bernie” Madoff had been sentenced to 150 years in prison and restitution of $170 Billion dollars for the 11 cases of felony with over $65 Billion dollars of fraud, the largest in US History. Clearly, he earned the title, “King of Ponzi”.
That was the headline of Wall Street this week. But in the local front we have someone who can give Madoff a run for his money. And she is the queen of pyramiding, Rosario Baladjay-the president of the Multitel who duped millions of investors into her pyramiding scheme.
Mano-a-mano, who amongst the two is the better (or worse) scoundrel?
Tags: fraud, ponzi, pyramiding
