The Paid to Click frenzy June 12, 2008
Posted by James in Money matters.Tags: earn money online, free money online, paid to click, paid to view ads, PTC
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A couple of days ago, everyone in the office has been trying out paid to click websites. I have tried it before but somehow never gave it enough attention. That is when our manager showed us what he earned when he invested a small amount of time with these sites. I opened some of my former accounts and explored some other PTC sites. I was surprised that these sites were still around and some are even getting bigger.
I researched on some other sites and found a couple of good sites which I’m going to religiously try in the next few weeks. So far I haven’t received any bad feed backs from these site, I don’t expect to earn a lot from this site but I’m willing to give it a try though, who knows maybe I might earn something from this. I have a couple of list on the sites I joined in my other blog. Please visit my other blog Money and Opportunity for more details.
Trust Funds in the Philippines May 23, 2008
Posted by James in Money matters.Tags: Balanced Fund, Bond Fund, Equity Fund, Money Market, trust fund, UITF
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A couple of months have passed since I started my research on trust funds. What started as a research on time deposits opened my horizons to a better way of investing my savings. At first I was looking for ways to start my savings and to place it on an investment. My problem during that time was that, I just passed the board exam and was just starting my career. I didn’t have any savings during that time but I was determined to start my own savings for my future.
I did my research on the internet and I read one article which was all about Trust funds. As soon as I finished that article I said to my self this is perfect for me. There was just one problem, I never realized that only a few people in my country realize the potential for this type of investment, even my dad had no idea what is a trust fund. After failing receive any advice from my parents I decided to broaden my understanding of trust fund by myself.
There are mainly three types of trust funds which are Equity Trust Fund, Bond Trust Funds and the Money Market Fund. Here in the Philippines they offer the peso and dollar trust funds.
Equity trust funds are invested mostly on stocks, this type of trust fund can offer the highest possible return for your investment. The disadvantage with this fund is the risk is proportional to the return. Bond funds are invested mostly with government bonds and treasury notes. This type of fund offer more security for you investment. The third which is the money market is probably the safest among the three. The funds are used for loans by the bank. There is also a balanced fund which is a mixture of the three and differ from every banking establishment.
If you are interested with the performance of the Trust funds here in the Philippines I suggest you visit this www.uitf.com.ph.
Income Tax Calculator May 16, 2008
Posted by James in Money matters.Tags: income tax, pagibig, Salary, sss, tax
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Every time I receive my salary I always wonder how much of my income goes to taxes and other deductions for my SSS, Phil Health, and Pagibig. Luckily I stumbled into this site which does all those for you and what’s really neat about this site is that its free. Check it out http://www.wraithstrider.com/witholding_Site/pages/salary_index.html
Trust funds versus Time deposit May 12, 2008
Posted by James in Money matters.Tags: deposit, investment, money, savings, time deposit, trust fund
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Last night I asked my dad for his opinion about time deposit and trust fund. He is not comfortable with the thought of me investing my savings in a trust fund. He told me to think about it and try researching more on time deposits. Well i guess he is just concerned about my hard earned savings.
Actually I have been doing my research for almost a year now and I decided that I will invest my savings on a trust fund. There were many factors that i took into consideration for my decisions. I asked myself a lot of questions and weighed things before finally deciding. First of all I tried to assess my situation right now. I’m in a relationship right now but i don’t have some obligations regarding any children. I’m currently working for a company which offered me a good salary. I have plans in finishing law school. I have not yet reached the peak of my career. Last but not the least I have no debts.
After my careful assessment, I asked myself how long am I willing to invest my savings, how much am I willing to risk, and how much am I willing to invest. If I am not willing to take any risk then the time deposit would fit perfectly for me. The draw back for the time deposit on the other hand is it is usually locked in a particular period and you can’t get your money anytime. Most time deposits also involve a large sums of money. On the good side, all time deposits are insured and your investment is always secured. I also looked at the benefits and disadvantages of the trust fund. Most trust fund offer larger returns compared to the time deposit. There are some trust funds that double your money in just the span of two years, but the returns for this type of investment are not guaranteed. This is the disadvantage of trust funds. I read on an article regarding investment in trust fund as a rule of thumb “the higher the interest the greater the risk”. You can’t expect to receive large returns with small risk investments.
To sum all this up, I decided to go for the trust fund, particularly the equity fund. This is the trust fund that I mentioned earlier which doubled the return in two years. I am not really concerned about the fluctuating rates right now since I plan to invest this for quiet a long time. I’ll try and give a short discuss about the different types of trust fund on another post. Till next time.
