The Last Exorcism of the PSE index

Watching The Last Exorcism (it is both hilarious and scary although it does not live up to the tag line of the movie. I slept soundly at night) yesterday reminded me of end of the “ghost month” which the Chinese dread. During this ghost month, which started last August 10 (July 1 of the lunar calendar), it is widely believed that ghosts and spirits from the underworld freely roam the land of the living and that is why Chinese considered this period ominous. At the height is the “Ghost day” held at the 15^th day of the seventh month of the lunar calendar or August 24 (I also had my fair share of incense and paper burning). (more…)

Epic fail in sales and negotiation

Last Saturday, I was invited by Club Ultima for a 90-minute sales presentation. Since I already had attended one of these before, I had an inkling on the product that they were going to offer.

Yet, I still did. I am not the one to brush off any presentation as long as it can benefit me. I always open my mind on these and besides, there’s a free hotel accommodation as an incentive.

The agent, Kristine did the usual make-the-client-feel-good approach, letting me talk about my life, my work, etc. She was doing okay (note: just okay), but she did one cardinal mistake: she did not offer me any food on the buffet table! Believe me when I say my stomach was grumbling all throughout the two-hour was stuck in that office. Epic fail # 1. (more…)

Pao Pao Premium Tea Drinks

Here is a fast growing business that can give Zagu and Quickly a run for their money. Introducing Pao Pao premium tea drinks and it is now available for franchise.

Franchise Package includes –

• Site evaluation and approval
• Use of Trademark and Logo
• Customized cart with complete line of equipments
• Use of operations manual
• Training of personnel
• Staff uniforms
• Opening assistance
• Continuous product research and development
• Procurement system
• Assistance in applying for government permits and licenses
• Initial Inventory

Ideal Locations –

• Malls, Supermarkets, Schools, Office Buildings and Places of High Foot Traffic

Franchise Fee is Php 250,000.00 only

Return on Investment as fast as 4 months depending on the location!

Franchise agreement is good for (3) three years and is renewable

Interested?

Please write a Letter of Intent with your complete details and send to –

Pao Pao Xiao Chi

17 General de Jesus Street corner

General Lim Street, Little Baguio,

San Juan City

or

E-mail: paopao.xiaochi@gmail.com

Franchising Hotline:        4977244 / 2164033

Fax Number:      7232947

Dare to invest

Dare to invest

by: Kendrick Chua

Lately, I have been asked by some whether it is still safe to invest or not given that the market had one of the most respectable rallies in recent memory (going back all the way to 2009). I answered their question with another question: “Why aren’t you invested?”

Most of the answers were the same: election uncertainty, a correction is imminent (based on technical analysis), European debt crisis and so on and so forth. We all have heard these news before and they are what we call, “same old, same old.” If there was probably one thing beneficial the 2008 global economic crisis brought us, it is that we have whetted our appetite for bad news.

But is it all that bad? Not really. The media just has a knack of making bad news look even worse. The Philippine economy couldn’t be in a better shape. Numbers, after all, do not lie. (more…)

PSE reaches record-high…not.

PSE reaches record-high…not.

Today, the PSE unveiled the New Trading System (NTS) with disastrous result. The glitch was bad to say the least. Our index jumped 472 points and set a new record-high! It would have been a cause for celebration. I would have recouped all my losses already! Unfortunately, that was not to be. It turned out to be a fluke. The index was down by 2.71 points…bummer.

Glitch or not, at 3,888, the index is really nice to look at. The question now is when will the index actually reach that level?

Your guess is as good as mine.

New Trading System unveiled by the Philippine Stock Exchange

New Trading System unveiled by the Philippine Stock Exchange

The Philippine Stock Exchange will switch to a New Trading System (NTS) today replacing the previous 15-year old Maktrade system implemented when the Makati and Manila stock exchanges were unified.

This NTS, which the New York stock exchange uses, will introduce new “pre-opening” and “pre-closing” sessions wherein using prices of last transactions which may be unduly high will not be used anymore. Another feature would be on the daily trading limits for orders where 2 limits would be implemented, static and dynamic thresholds.

For static thresholds, which used to be known as the floor and ceiling prices, the upper limit is 50% above the reference price, while the lower limit is 50% below the reference price. The reference price is the previous day’s closing price.

On the other hand, an order entered which breaches the Dynamic Threshold will cause that particular security to be frozen by the PSE thereby stopping all trades until the PSE reactivates the security with a new dynamic threshold.

This NTS is part of the PSE’s commitment to enhance the trading experience and support systems for all investors, PSE support groups

First half ranking of Philippine equity funds

First half ranking of equity funds

I have been investing in mutual funds for quite some time now and I would say it is one of the most ingenious financial instrument ever created; thanks to Massachusetts Financial Services. Although mutual fund has had its fair share of criticisms, I thought it was a good way for the small-time investors like me to also enjoy the returns what the big-time players in the stock market are enjoying.

But the greatest frustrations lie in not having enough online resources of knowing which funds are performing well and which are not. More importantly, why are some performing well and others are not.

The Wealth Warrior will attempt to decode the mystery. (more…)