Personal Investing (Money Market): Where to Keep Your Emergency Funds

It makes perfect sense. That is, for a person to save at least 3-6 months’ worth of his monthly expenses for emergencies (prolonged sickness, job insecurity).  But really, that concept (that comes across as almost common sense, but not really) – does not even cross the mind of those uninitiated in money matters. Well, it [...]

Do You Stick to the Path that You Know? (Second of 2 Parts)

I am waxing nostalgic about some trainings and seminars I attended in the past. (some of them do that to you, you know)

A memorable one was the scholarship I received for voice and dance – it was through the generosity and kind-heartedness of Dong Alegre (of Miss Saigon fame). In that “school”, I met many wonderful and talented people, including two people whom I still consider my best friends, M and A. The people in that school rose to great fame in theatre, both locally and internationally (and sometimes I catch myself wondering where I would be now if I had pursued that path). I will always remember those years as one of the most exciting.

Then there are others I still want to experience…

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The Banks and Your Savings

But a bank is a facility and should be treated as such, a temporary parking space for money, and then the money should be put somewhere else so it can make more money to those who are entitled to it – you and me – who worked hard for it. If the money is left to rot in almost interest-free savings accounts, inflation (general increase in prices and fall in the purchasing value of money) would work it’s magic and the money is no more.

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