Cryptocurrencies at Financial Planning

[Wapfika]

Kaya naman hanggang bata pa tayo dapat mag acquire na tayo ng real assets na makakapag bigay saatin ng passive income. I do not like job security, ang gusto ko ay mga assets na mag bubuo saakin ng wealth. Sa katunayan ako ay nag sisimula na mag invest sa ibat ibang investment vehicle like sa stockmarket, real estate at syempre sa cryptocurrencies pero ang cryptocurrencies kasi ay ma coconsider na speculative asset dahil sa high volatility.

Yes, it's speculative. Kaya hindi pa sya kinonsider ng mga insurance companies and investment companies as Investment na pwedeng pag lagyan ng pera ng mga investors nila since sobrang risky hindi kagaya ng mga equities at bonds na mamanipiulate and naaraal nila ang mga nangyayari within their area even in a long run.

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[1714242480]

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[1714242480]

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[1714242480]

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[1714242480]

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[joshy23]

Kaya naman hanggang bata pa tayo dapat mag acquire na tayo ng real assets na makakapag bigay saatin ng passive income. I do not like job security, ang gusto ko ay mga assets na mag bubuo saakin ng wealth. Sa katunayan ako ay nag sisimula na mag invest sa ibat ibang investment vehicle like sa stockmarket, real estate at syempre sa cryptocurrencies pero ang cryptocurrencies kasi ay ma coconsider na speculative asset dahil sa high volatility.

Yes, it's speculative. Kaya hindi pa sya kinonsider ng mga insurance companies and investment companies as Investment na pwedeng pag lagyan ng pera ng mga investors nila since sobrang risky hindi kagaya ng mga equities at bonds na mamanipiulate and naaraal nila ang mga nangyayari within their area even in a long run.

Siguro sooner or later mangyayari rin yan at makikita na rin natin ang results na makakasama na ang crypto sa list ng mga pdeng gawing assets ng mga insurance/investment companies. Pero gaya nga ng mga sinabi nyo dapat habang maaga at habang meron pang pera pang invest dapat magsimula na agad na maghanap ng tamang venue for your future rin kasi yan.

[Wapfika]

Siguro sooner or later mangyayari rin yan at makikita na rin natin ang results na makakasama na ang crypto sa list ng mga pdeng gawing assets ng mga insurance/investment companies. Pero gaya nga ng mga sinabi nyo dapat habang maaga at habang meron pang pera pang invest dapat magsimula na agad na maghanap ng tamang venue for your future rin kasi yan.

Sabi nga nila the best time to invest is years ago and the second best is Now. The earlier na magsimula tayo, the earlier na mare receive na natin yung fruit of labor nun. Kasi the day you plant the seed is not the day you eat the fruit, kagaya sa insurance o investment hindi man natin magmit ito ngayon or makita yung ineexpect na returns right away. May time na kikita din yun. Kaya may mga Delayed gratification yung Investing and availing insurance sa future natin mapapakinabangan.

[Dabs]

There was a table made, where two people invested at different ages. Yung isa nag invest 5000 a year starting at age 15, invested every year for the next 10 years, stopped when he became 25.

Yung other one, nag invest starting at age 25, nag invest ng 5000 a year, every year, until age 60.

If both investments had a 10% nominal interest rate that was then reinvested back to itself, sino sa tinging mo mas malaki ang ipon by age 60?

Tandaan, the second one did not stop, but the first one stopped after 10 years.

The first one put in a total of 50k. The second one put in a total of 180k.

Result: First one total is 2.7 million. Second one is total only 1.6 million.




Best time to invest? start at 15 years old? hehehe.

Even if you extend the table to 100 or 200 or 300 years, and the second one keeps on investing 5k every year, hindi parin makakahabol sa first one na hindi na nag dagdag sa investment.

[Wapfika]

^Thanks Sir sa Info and visual presentation
The early we start the better talaga. We need to take advantage sa compound interest benefit na inooffer ng pagiinvest ng maaga at ng long term lalo na kung sa stocks ito. Kaya dapat naghahanap ng ibang way para maka gain despite inflation.

[KnightElite]

Sigurado ako na most of the goals ng mga kababayan natinnay ma achieve ang financial freedom.kung saan na cocover nila ang lahat ng expenses at liabilities nila pati na din mabili nila ang mga desires nila kaso ang problema konti lang ang financial literate saatin, it is sad to say kaya madami ang mga tao na nalulugi kapag sila ay gumagawa ng investment. Siguro sa tingin ko nasa culture na atin kung bakit most sa mga pinoy ay hinde kaya mag financial planning. Wala din kasi tayong financial education na itinuturo sa school kaya naman most saatin ay hinde marunong pag dating sa pera.

[Wapfika]

Sigurado ako na most of the goals ng mga kababayan natinnay ma achieve ang financial freedom.kung saan na cocover nila ang lahat ng expenses at liabilities nila pati na din mabili nila ang mga desires nila kaso ang problema konti lang ang financial literate saatin, it is sad to say kaya madami ang mga tao na nalulugi kapag sila ay gumagawa ng investment. Siguro sa tingin ko nasa culture na atin kung bakit most sa mga pinoy ay hinde kaya mag financial planning. Wala din kasi tayong financial education na itinuturo sa school kaya naman most saatin ay hinde marunong pag dating sa pera.

Kaya dapat may proper handling of money din tinuturo. Or siguro based na din sa mae experience natin sa buhay Kung pano tayo magiisip magipon. Hopefully, madami pang Filipino ang makaisip na insecure at protektahan ang assets na pinaghirapan nila, or wag lang hayaan nasa ba ko, dapat maging mataliino din sa pag papaikot nito.

[Dabs]

Madali lang naman ang principles eh, the most important is to spend less than you make, or live within your means. If you want a higher standard of living, that costs more, then you should be earning more.

Ang problema, people claim they don't make enough, so the solution there is to find a way to make more. Sometimes though, you just have to cut out some expenses that are not really required, o tanggapen na hindi ka pwede tumira sa mahalin na lugar.

[Wapfika]

Madali lang naman ang principles eh, the most important is to spend less than you make, or live within your means. If you want a higher standard of living, that costs more, then you should be earning more.

Ang problema, people claim they don't make enough, so the solution there is to find a way to make more. Sometimes though, you just have to cut out some expenses that are not really required, o tanggapen na hindi ka pwede tumira sa mahalin na lugar.

Kahit gaano kadali ang principle some live more than they capability. Yung iba live or buy stuffs to impress then nganga later. Wag sana dumating sa time na, matanda na tayo saka lang natin maisipan magipon or maginvest para sa retirement. Allot budget for savings and investment. January is about to end at ang daming na ngyari g tragedy and mga sakit na kumalalat. Better be insured habang insurable pa and save for emergency fund and retirement.

[Dabs]

We buy things we don't need with money we don't have to impress people we don't like.

A budget is telling your money where to go instead of wondering where it went.

[Wapfika]

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[Wapfika]

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[TGD]

Guys, take advantage of this FREE 45 days insurance coverage extended till June 15.
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Keep safe everyone.

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[Wapfika]

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