Philequity Lower Subscription Amounts

Today I received this good news via email and social media:

philequity

Philequity announced that they are lowering the minimum amounts to subscribe to their mutual funds. This a good opportunity for those who want to get into investing!

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Money Lessons from the Story of Esau

As I was reading my Devotional Bible, I came across the story of Esau and Jacob. This isn’t the first time I’ve read about them in the Bible, but this is the first time that something in their story stood out to me. If you haven’t read your Bible for a long time, I strongly suggest that you find the time to read it again. You’ll be amazed at the life lessons you can pick up along the way, but I digress.

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Why is having the right financial foundation important?

A couple of weeks ago, I had a conversation with our landlord here in Dubai and found out that his finances are in tatters. Mired in debt with no clear solution. He even owes money to relatives, friends and some people in church. I’m not talking about 5 digits of debt; he owes the bank and other people a total of AED 365K (PHP 5.152 Million)! That’s a staggering amount especially for someone whose income is not even enough to cover the monthly payments.

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Things to consider before investing in the Stock Market

The Stock Market is one of the best ways to make your money work for you. Some companies have seen their share prices rise to more than 1000% in the last 15 years, some even higher. Average annual returns for most blue chip companies range between 10-15% per annum which is higher than most asset classes in the market.

If you haven’t invested in the stock market yet, but are planning to, here are a few things you need to consider before doing so.

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