My interview with Inquirer last year

I was fortunate to be interviewed by Salve Duplito last year for her article Offshore Investments getting hotter for Filipinos.

Offshore investments getting hotter for Filipinos
By Ma. Salve Duplito
INQUIRER.net
First Posted 21:36:00 09/14/2008

Filed Under: Economy, Business & Finance,Personal Finance

AT 25 YEARS OF AGE, marketing management graduate Kendrick Chua has already invested-and lost money-in offshore instruments particularly in China, real estate investment trusts and a Euro-denominated fund. To say that his $10,000 joint investment with his mom in a private bank is “not doing so well” is an understatement, but the young investor is not fazed.

“I am investing for the long-term and I know that you cannot learn without making mistakes. Sure, I lost money, but I’m learning too and I really like investing,” Kendrick says.

Kendrick hopes to have more access to options offshore to stabilize his portfolio, chunks of which are also invested in the local stock market and local mutual funds. Experts say this is the whole point of real diversification-investment language for putting your eggs in different baskets so that if some of the baskets don’t do too well, you can save the eggs in the other baskets.

(more…)

Tags: offshore investing