In the race to maximize all the hours in the day, entrepreneurial moms have to make difficult choices.
http://www.entrepreneur.com/startingabusiness/mompreneur/mompreneurcolumnistlisadruxman/
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Jun 30, 2010
PETITION FOR P75 ACROSS-THE-BOARD
IN RE: PETITION FOR P75 ACROSS-THE-BOARD
INCREASE IN THE DAILY MINIMUM WAGE OF
WORKERS IN THE NATIONAL CAPITAL REGION
TRADE UNION CONGRESS OF THE PHILIPPINES (TUCP),
Petitioner – Appellant/Movant
MEMORANDUM OF APPEAL
Petitioner Trade Union Congress of the Philippines (TUCP) respectfully files this Memorandum of Appeal with this Honorable Commission, assailing Wage Order No. NCR-15 dated 16 June 2010 issued by the National Capital Region Tripartite Wages and Productivity Board (NCR TWPB) granting a P22 increase in minimum wages for non-agricultural, agricultural, Private Hospitals with bed capacity of 100 bed less, retail/service establishments employing 15 workers or less, and manufacturing establishments regularly employing less than 10 workers in the NCR.
TIMELINESS OF THE MOTION AND/OR APPEAL
NCR Wage Order No. 15 was published on June 16, 2010 and, therefore, this Appeal is filed within the ten-day reglamentary period provided for in Article 123 of Republic Act (RA) No. 6727.
GROUNDS IN SUPPORT OF THE APPEAL
Appellant is assailing Wage Order No. 15 on the following grounds.
1. THE NCR RTWPB COMMITTED GRAVE ABUSE OF DISCRETION, IN ISSUING WAGE ORDER NO. 15 PROVIDING FOR A WAGE INCREASE OF ONLY P22 PER DAY IN THE MINIMUM WAGE OF NON-AGRICULTURAL, AGRICULTURAL, PRIVATE HOSPITALS WITH BED CAPACITY OF 100 BED LESS, RETAILS/SERVICE ESTABLISHMENTS EMPLOYING 15 WORKERS OR LESS, AND MANUFACTURING ESTABLISHMENTS REGULARLY EMPLOYING LESS THAN 10 WORKERS, IT GROSSLY DISREGARDED THE VERY SPIRIT AND INTENT OF RA 6727 WHICH EXPRESSLY MANDATES THAT, IN FIXING MINIMUM WAGES, THE BOARD SHALL ENSURE DECENT STANDARD OF LIVING NECESSARY FOR THE HEALTH, EFFICIENCY AND GENERAL WELL-BEING OF EMPLOYEES.
2. THE WAGE ORDER IS CONTRARY TO LAW.
ARGUMENTS
RA 6727 clearly defines the rationale for the creation of the Regional Tripartite Wages and Productivity Boards (RTWPBs). Section 2 of RA 6727 declared as the policy of the State to rationalize the fixing of minimum wages and to promote productivity-improvement and gain-sharing measures to ensure, among others, decent standard of living for the workers and their families.
RA 6727 further defines this mandate by prescribing the guidelines to be followed by the RTWPBs in fixing minimum wages.
1. Wage Order 15 does not conform with the concept of “living wage”
Petitioner contends that the Wage Order No. NCR-15 granting a P22 increase in minimum wages is grossly inadequate and does not conform with the criteria set by RA 6727.
Petitioner wishes to emphasize in this Memorandum Appeal that the NCR RTWPB failed to appreciate and put appropriate weight on the first of the criteria in minimum wage setting – the demand for living wages.
The pertinent provision of RA 6727:
“Article 124. Standards/Criteria for Minimum Wage Fixing.—The regional minimum wages to be established by the Regional Board shall be as nearly adequate as is economically feasible to maintain the minimum standards of living necessary for the health, efficiency, and general well-being of the employees within the framework of the national economic and social development program. In the determination of such regional minimum wages, the Regional Board shall, among other relevant factors, consider the following:
(a) The demand for living wages;
(b) Wage adjustment vis-à-vis the consumer price index
(c) The Cost of living and changes or increases therein;
(d) The needs of workers and their families
(e) The need to induce industries to invest in the countryside
(f) Improvements in standards of living
(g) The prevailing wage levels
(h) Fair return of capital invested and capacity to pay of employers
(i) Effects on employment generation and family income; and
(j) The equitable distribution of income and wealth along imperatives of economic and social development
Source: TUCP http://www.tucp.org.ph/news/index.php
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INCREASE IN THE DAILY MINIMUM WAGE OF
WORKERS IN THE NATIONAL CAPITAL REGION
TRADE UNION CONGRESS OF THE PHILIPPINES (TUCP),
Petitioner – Appellant/Movant
MEMORANDUM OF APPEAL
Petitioner Trade Union Congress of the Philippines (TUCP) respectfully files this Memorandum of Appeal with this Honorable Commission, assailing Wage Order No. NCR-15 dated 16 June 2010 issued by the National Capital Region Tripartite Wages and Productivity Board (NCR TWPB) granting a P22 increase in minimum wages for non-agricultural, agricultural, Private Hospitals with bed capacity of 100 bed less, retail/service establishments employing 15 workers or less, and manufacturing establishments regularly employing less than 10 workers in the NCR.
TIMELINESS OF THE MOTION AND/OR APPEAL
NCR Wage Order No. 15 was published on June 16, 2010 and, therefore, this Appeal is filed within the ten-day reglamentary period provided for in Article 123 of Republic Act (RA) No. 6727.
GROUNDS IN SUPPORT OF THE APPEAL
Appellant is assailing Wage Order No. 15 on the following grounds.
1. THE NCR RTWPB COMMITTED GRAVE ABUSE OF DISCRETION, IN ISSUING WAGE ORDER NO. 15 PROVIDING FOR A WAGE INCREASE OF ONLY P22 PER DAY IN THE MINIMUM WAGE OF NON-AGRICULTURAL, AGRICULTURAL, PRIVATE HOSPITALS WITH BED CAPACITY OF 100 BED LESS, RETAILS/SERVICE ESTABLISHMENTS EMPLOYING 15 WORKERS OR LESS, AND MANUFACTURING ESTABLISHMENTS REGULARLY EMPLOYING LESS THAN 10 WORKERS, IT GROSSLY DISREGARDED THE VERY SPIRIT AND INTENT OF RA 6727 WHICH EXPRESSLY MANDATES THAT, IN FIXING MINIMUM WAGES, THE BOARD SHALL ENSURE DECENT STANDARD OF LIVING NECESSARY FOR THE HEALTH, EFFICIENCY AND GENERAL WELL-BEING OF EMPLOYEES.
2. THE WAGE ORDER IS CONTRARY TO LAW.
ARGUMENTS
RA 6727 clearly defines the rationale for the creation of the Regional Tripartite Wages and Productivity Boards (RTWPBs). Section 2 of RA 6727 declared as the policy of the State to rationalize the fixing of minimum wages and to promote productivity-improvement and gain-sharing measures to ensure, among others, decent standard of living for the workers and their families.
RA 6727 further defines this mandate by prescribing the guidelines to be followed by the RTWPBs in fixing minimum wages.
1. Wage Order 15 does not conform with the concept of “living wage”
Petitioner contends that the Wage Order No. NCR-15 granting a P22 increase in minimum wages is grossly inadequate and does not conform with the criteria set by RA 6727.
Petitioner wishes to emphasize in this Memorandum Appeal that the NCR RTWPB failed to appreciate and put appropriate weight on the first of the criteria in minimum wage setting – the demand for living wages.
The pertinent provision of RA 6727:
“Article 124. Standards/Criteria for Minimum Wage Fixing.—The regional minimum wages to be established by the Regional Board shall be as nearly adequate as is economically feasible to maintain the minimum standards of living necessary for the health, efficiency, and general well-being of the employees within the framework of the national economic and social development program. In the determination of such regional minimum wages, the Regional Board shall, among other relevant factors, consider the following:
(a) The demand for living wages;
(b) Wage adjustment vis-à-vis the consumer price index
(c) The Cost of living and changes or increases therein;
(d) The needs of workers and their families
(e) The need to induce industries to invest in the countryside
(f) Improvements in standards of living
(g) The prevailing wage levels
(h) Fair return of capital invested and capacity to pay of employers
(i) Effects on employment generation and family income; and
(j) The equitable distribution of income and wealth along imperatives of economic and social development
Source: TUCP http://www.tucp.org.ph/news/index.php
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Jun 29, 2010
Parents without money
I received this comment from “Boy Kamote” on a previous blog when I wrote about how we should teach our children about money.
“Sir sa mga nasabi o nabangit po ninyo ay sang ayon po ako..sa mga may kaya at panggitnang klasipikasyon na mga magulang ay maari nga nilang ipasunod sa kanilang mga anak... paano nakapagtatabi ang isang tao para sa ibang bagay kung hindi naman sasapat sa isa man lang....yun kalidad na bibilin sa palagay niyo po ba makapamili pa kung alin ang maganda at mura.matibay at may pangalan...paano magiging wise ang isang bata sa pamimili kung hindi niya nga kayang bilhin..o ang dungisin ay papasok sa isang mall nanglilimahid sa dumi at amoy siya bay papasukin hindi diba..alam ko poy kagalang galang at matalino, eh ito po lamang ay isang opinyon sa isang sabihin natin na di naman tayo pantay ng antas ng talino at pamumuhay…paano naman po ang mga magulang na ala man lang pera na maipapakitang ehemplo sa kanilang mga anak....yung mga anak na ala pa sa tamang edad ay naghahanapbuhay na para kumita. Kung ikaw na magulang ng ganun bata ano sasabihin mo pa ba o ipapaaral sa kanila ang mga sinasabi mo…baka sagutin ka ng wag mo akong pakialaman...buti sana kung sobra o sapat ang kinikita pero hindi eh salat na salat pa para sa sikmura...nakalungkot man pong isipin yan ay isang bantad na katotohanan…ano ba ang dapat na isaisip pag ikaw ay may pera para sa isang simple at mahirap na magulang...di ba’t ang mapakain mo ang iyong pamilya ng may lasa lasang pagkain…at pag sila’y nas hapag na ng kainan ang masilayan mo silang masaya habang ninanamnam ang konting biyaya na napagsasaluhan…ano ba ang pakiramdam di ba’t nakapagpagaan ng kalooban di bale ng ala kang naitabi at masasabi mo sa iyong sarili na bahala na bukas at sanay palarin na naman na makahanap ng pera para may maipangtustos sa pang araw-araw...”
Related to this same article is a comment from “Sam” who says: “The best lesson you’ll give your child is about sharing money. Command it, not money commanding you!”
Boy Kamote is right that the advice I give are really for people who are earning some money. This is my chosen advocacy because of my life experiences that I can share. It is what I know best so I choose to share this.
But more than this, my advocacy calls for the elimination of a “mindset of entitlement.” This is the attitude that makes people believe that they have the right to demand “help” from the government, their communities and their churches without having to work for it and thus deserve it. They grow up with the misplaced value that money is given, not earned.
What Sam said is also correct.
However, we can only share what we have. Otherwise, we will not be sharing anything worthwhile.
This is where I come from. We need to teach everyone about the need to earn, save, make your savings grow, and share the savings they have grown with others.
I teach that as long as we are earning some regular income, we can save.
The savings may be minimal but if we have the discipline and determination, we can aspire for greater savings over time.
After all, we have so many examples of people who rose from almost nothing into very successful people.
I agree that some people are so poor that they cannot even buy food for their children.
Such cases are very complex and there are people who choose to help in working on advocacies related to this. Let me just say that for those who have not enough, they still have their intellect and will.
Money and all things material are mere creation from ideas.
For as long as we are alive, we can think and create good things for us, provided we have the right mindset, the will to improve our lives.
I agree that it is natural that we want to be able to give the best food, shelter, clothing, and everything that our family needs.
I agree that if we have nothing, it is tempting to give them a moment of joy and forget about tomorrow.
But I don’t agree that we should give or spend without thinking of tomorrow. It is an obligation not only to provide but also to leave something for tomorrow.
“Bahala na” is the worst mindset to live by!
There are people who have risen from the poorest of the poor and made something of themselves.
If we go by the thinking of Boy Kamote, that is not possible. But it does happen so it is not just a matter of money; it is an attitude and mindset inculcated in the children.
I think that the parents or guardians of such children taught them good VALUES from the time they were small.
Values most important are respect, honesty, integrity, resourcefulness, sincerity, discipline, determination, decisiveness, sharing and others.
If my child were to reply to me in a manner like “wag mo akong pakialaman...buti sana kung sobra o sapat ang kinikita pero hindi eh salat na salat pa para sa sikmura,” I think I would consider myself a failure in teaching my child many of the said virtues.
Since Boy Kamote wrote in Tagalog, here is a Tagalog translation:
Tama si Boy Kamote na talaga namang para nga sa mga kumikita ng pera ang mga payo ko.
Ito ang pinili kong adbokasiya dahil na rin sa aking mga karanasan. Ito ang alam ko nang husto kaya’t ito ang pinili kong ibahagi.
Mas mahalaga ay ang aking adbokasiya na dapat ibasura natin ang pananaw na may utang sa atin ang ating gobiyerno at ating komunidad kung kaya dapat sila ay mag bigay ng tulong kung tayo ang may pangangailangan.
Itama natin itong pananaw na ito sa isang saloobin na ang tulong galing kaninoman ay dapat karapat-dapat sa tumatanggap.
Tumpak rin ang sinabi ni Sam.
Ngunit, maari lang nating ibahagi ang meron tayo. Kailangan nating turuan ang lahat tungkol sa pangangailangang kumita, mag-ipon, magpalago ng naipon, at magbahagi ng biyaya sa kapwa.
Lagi kong sinasabi na hangga’t kumikita tayo, maari tayong mag-ipon. Maaring maliit lamang ang ipon ngunit sa tulong ng disiplina at determinasyon, tiyak na lalago ang ipon. Sa katunayan, napakaraming tao na ang nagtagumpay bagama’t nagsimula sa wala.
Totoong may mga taong lubos ang karukhaan na kahit pagkain na lamang ay hindi nila maipagkaloob sa mga anak.
Masalimuot ang mga kasong ganito at may mga tao at ibang grupo na nagtataguyod ng mga adbokasiyang kaugnay dito.
Ngunit tandaan na bagama’t kapos sa pera, may taglay pa rin tayong karunungan at pagpapasya.
Ang pera at mga materyal na bagay ay pawang mga likha lamang ng karunungan at ideya. Hangga’t tayo’y nabubuhay, maari tayong mag-isip at lumikha ng mga bagay na ikabubuti natin, basta’t may tamang pag-iisip (mindset), at ang kagustuhan o pagpapasya (will) na paunlarin ang ating buhay.
Sumasang-ayon ako na likas lamang na maghangad ng pinakamainam na pagkain, tirahan, damit at iba pang pangangailangan para sa pamilya.
Nauunawaan ko rin na kapag tayo’y kapos, natutukso tayong piliin ang panandaliang ginhawa at kalimutan ang pangangailangan sa kinabukasan.
Ngunit hindi tayo dapat gumastos nang hindi iniisip ang ating kinabukasan. Obligasyon natin na mag-iwan para sa kinabukasan!
Wala tayong mararating kung ipinagkakatiwala ang ating kinabukasan sa “Bahala na”!
May mga taong nagtagumpay bagama’t nanggaling sa labis-labis na kahirapan.
Kung paparisan ang pag-iisip ni Boy Kamote, hindi posible ang ganitong tagumpay.
Dahil marami na ang umasenso mula sa kahirapan, masasabing hindi lamang pera ang kailangan, napakahalaga rin ng tamang pag-iisip (mindset) at pagpapasya (will) na naituro sa mga bata.
Sa tingin ko, ang mga umasenso mula sa kahirapan ay iyong mga naturuan ng tamang pagpapahalaga (values) habang sila’y bata pa. Ang mga mahahalagang maituturo sa mga bata ay ang: paggalang, katapatan, integridad, pagiging maparaan, sinseridad, disiplina, determinasyon, maagap na pagpapasya, pagbabahagi at iba pa.
Kapag sinagot ako ng aking anak ng “wag mo akong pakialaman...buti sana kung sobra o sapat ang kinikita pero hindi eh salat na salat pa para sa sikmura”, sa tingin ko’y nabigo akong ituro sa kaniya ang mga tamang pagpapahalaga.
Nagpapatuloy ng libreng seminar na itinataguyod ng CFE, SM Malls, PLDT, Universal Motors UrVan, KSK Coop at iba pa tuwing Sabado, 4-6pm, sa: Sept. 26 SM Marilao, Oct 3 – SMCity Pampanga; SM Lucena Oct 17; SM Baguio – Oct 24.
Sa mga nangangailangan ng mas malalim na pagsusuri ng kanilang kalagayang pinansyal at ng mga legal na retail investment options, mayroon kaming mga seminar para sa inyo. Mangyari lang tumawag kay Ms. Grace sa 637-3741 o 6373731.
Article:
http://blogs.gmanews.tv/francisco-colayco/archives/23-Parents-without-money.html
Subscribe to http://alevarsblog.blogspot.com by Email
Pinoy Biztalk and Job become a fan of facebook and twitter
Subscribe to Job Bank Canada Philippines Work Abroad by EmailBecome a Fan in Facebook to Job Bank Canada Job Bank Canada old site
“Sir sa mga nasabi o nabangit po ninyo ay sang ayon po ako..sa mga may kaya at panggitnang klasipikasyon na mga magulang ay maari nga nilang ipasunod sa kanilang mga anak... paano nakapagtatabi ang isang tao para sa ibang bagay kung hindi naman sasapat sa isa man lang....yun kalidad na bibilin sa palagay niyo po ba makapamili pa kung alin ang maganda at mura.matibay at may pangalan...paano magiging wise ang isang bata sa pamimili kung hindi niya nga kayang bilhin..o ang dungisin ay papasok sa isang mall nanglilimahid sa dumi at amoy siya bay papasukin hindi diba..alam ko poy kagalang galang at matalino, eh ito po lamang ay isang opinyon sa isang sabihin natin na di naman tayo pantay ng antas ng talino at pamumuhay…paano naman po ang mga magulang na ala man lang pera na maipapakitang ehemplo sa kanilang mga anak....yung mga anak na ala pa sa tamang edad ay naghahanapbuhay na para kumita. Kung ikaw na magulang ng ganun bata ano sasabihin mo pa ba o ipapaaral sa kanila ang mga sinasabi mo…baka sagutin ka ng wag mo akong pakialaman...buti sana kung sobra o sapat ang kinikita pero hindi eh salat na salat pa para sa sikmura...nakalungkot man pong isipin yan ay isang bantad na katotohanan…ano ba ang dapat na isaisip pag ikaw ay may pera para sa isang simple at mahirap na magulang...di ba’t ang mapakain mo ang iyong pamilya ng may lasa lasang pagkain…at pag sila’y nas hapag na ng kainan ang masilayan mo silang masaya habang ninanamnam ang konting biyaya na napagsasaluhan…ano ba ang pakiramdam di ba’t nakapagpagaan ng kalooban di bale ng ala kang naitabi at masasabi mo sa iyong sarili na bahala na bukas at sanay palarin na naman na makahanap ng pera para may maipangtustos sa pang araw-araw...”
Related to this same article is a comment from “Sam” who says: “The best lesson you’ll give your child is about sharing money. Command it, not money commanding you!”
Boy Kamote is right that the advice I give are really for people who are earning some money. This is my chosen advocacy because of my life experiences that I can share. It is what I know best so I choose to share this.
But more than this, my advocacy calls for the elimination of a “mindset of entitlement.” This is the attitude that makes people believe that they have the right to demand “help” from the government, their communities and their churches without having to work for it and thus deserve it. They grow up with the misplaced value that money is given, not earned.
What Sam said is also correct.
However, we can only share what we have. Otherwise, we will not be sharing anything worthwhile.
This is where I come from. We need to teach everyone about the need to earn, save, make your savings grow, and share the savings they have grown with others.
I teach that as long as we are earning some regular income, we can save.
The savings may be minimal but if we have the discipline and determination, we can aspire for greater savings over time.
After all, we have so many examples of people who rose from almost nothing into very successful people.
I agree that some people are so poor that they cannot even buy food for their children.
Such cases are very complex and there are people who choose to help in working on advocacies related to this. Let me just say that for those who have not enough, they still have their intellect and will.
Money and all things material are mere creation from ideas.
For as long as we are alive, we can think and create good things for us, provided we have the right mindset, the will to improve our lives.
I agree that it is natural that we want to be able to give the best food, shelter, clothing, and everything that our family needs.
I agree that if we have nothing, it is tempting to give them a moment of joy and forget about tomorrow.
But I don’t agree that we should give or spend without thinking of tomorrow. It is an obligation not only to provide but also to leave something for tomorrow.
“Bahala na” is the worst mindset to live by!
There are people who have risen from the poorest of the poor and made something of themselves.
If we go by the thinking of Boy Kamote, that is not possible. But it does happen so it is not just a matter of money; it is an attitude and mindset inculcated in the children.
I think that the parents or guardians of such children taught them good VALUES from the time they were small.
Values most important are respect, honesty, integrity, resourcefulness, sincerity, discipline, determination, decisiveness, sharing and others.
If my child were to reply to me in a manner like “wag mo akong pakialaman...buti sana kung sobra o sapat ang kinikita pero hindi eh salat na salat pa para sa sikmura,” I think I would consider myself a failure in teaching my child many of the said virtues.
Since Boy Kamote wrote in Tagalog, here is a Tagalog translation:
Tama si Boy Kamote na talaga namang para nga sa mga kumikita ng pera ang mga payo ko.
Ito ang pinili kong adbokasiya dahil na rin sa aking mga karanasan. Ito ang alam ko nang husto kaya’t ito ang pinili kong ibahagi.
Mas mahalaga ay ang aking adbokasiya na dapat ibasura natin ang pananaw na may utang sa atin ang ating gobiyerno at ating komunidad kung kaya dapat sila ay mag bigay ng tulong kung tayo ang may pangangailangan.
Itama natin itong pananaw na ito sa isang saloobin na ang tulong galing kaninoman ay dapat karapat-dapat sa tumatanggap.
Tumpak rin ang sinabi ni Sam.
Ngunit, maari lang nating ibahagi ang meron tayo. Kailangan nating turuan ang lahat tungkol sa pangangailangang kumita, mag-ipon, magpalago ng naipon, at magbahagi ng biyaya sa kapwa.
Lagi kong sinasabi na hangga’t kumikita tayo, maari tayong mag-ipon. Maaring maliit lamang ang ipon ngunit sa tulong ng disiplina at determinasyon, tiyak na lalago ang ipon. Sa katunayan, napakaraming tao na ang nagtagumpay bagama’t nagsimula sa wala.
Totoong may mga taong lubos ang karukhaan na kahit pagkain na lamang ay hindi nila maipagkaloob sa mga anak.
Masalimuot ang mga kasong ganito at may mga tao at ibang grupo na nagtataguyod ng mga adbokasiyang kaugnay dito.
Ngunit tandaan na bagama’t kapos sa pera, may taglay pa rin tayong karunungan at pagpapasya.
Ang pera at mga materyal na bagay ay pawang mga likha lamang ng karunungan at ideya. Hangga’t tayo’y nabubuhay, maari tayong mag-isip at lumikha ng mga bagay na ikabubuti natin, basta’t may tamang pag-iisip (mindset), at ang kagustuhan o pagpapasya (will) na paunlarin ang ating buhay.
Sumasang-ayon ako na likas lamang na maghangad ng pinakamainam na pagkain, tirahan, damit at iba pang pangangailangan para sa pamilya.
Nauunawaan ko rin na kapag tayo’y kapos, natutukso tayong piliin ang panandaliang ginhawa at kalimutan ang pangangailangan sa kinabukasan.
Ngunit hindi tayo dapat gumastos nang hindi iniisip ang ating kinabukasan. Obligasyon natin na mag-iwan para sa kinabukasan!
Wala tayong mararating kung ipinagkakatiwala ang ating kinabukasan sa “Bahala na”!
May mga taong nagtagumpay bagama’t nanggaling sa labis-labis na kahirapan.
Kung paparisan ang pag-iisip ni Boy Kamote, hindi posible ang ganitong tagumpay.
Dahil marami na ang umasenso mula sa kahirapan, masasabing hindi lamang pera ang kailangan, napakahalaga rin ng tamang pag-iisip (mindset) at pagpapasya (will) na naituro sa mga bata.
Sa tingin ko, ang mga umasenso mula sa kahirapan ay iyong mga naturuan ng tamang pagpapahalaga (values) habang sila’y bata pa. Ang mga mahahalagang maituturo sa mga bata ay ang: paggalang, katapatan, integridad, pagiging maparaan, sinseridad, disiplina, determinasyon, maagap na pagpapasya, pagbabahagi at iba pa.
Kapag sinagot ako ng aking anak ng “wag mo akong pakialaman...buti sana kung sobra o sapat ang kinikita pero hindi eh salat na salat pa para sa sikmura”, sa tingin ko’y nabigo akong ituro sa kaniya ang mga tamang pagpapahalaga.
Nagpapatuloy ng libreng seminar na itinataguyod ng CFE, SM Malls, PLDT, Universal Motors UrVan, KSK Coop at iba pa tuwing Sabado, 4-6pm, sa: Sept. 26 SM Marilao, Oct 3 – SMCity Pampanga; SM Lucena Oct 17; SM Baguio – Oct 24.
Sa mga nangangailangan ng mas malalim na pagsusuri ng kanilang kalagayang pinansyal at ng mga legal na retail investment options, mayroon kaming mga seminar para sa inyo. Mangyari lang tumawag kay Ms. Grace sa 637-3741 o 6373731.
Article:
http://blogs.gmanews.tv/francisco-colayco/archives/23-Parents-without-money.html
Subscribe to http://alevarsblog.blogspot.com by Email
Pinoy Biztalk and Job become a fan of facebook and twitter
Subscribe to Job Bank Canada Philippines Work Abroad by EmailBecome a Fan in Facebook to Job Bank Canada Job Bank Canada old site
ABS-CBN workers’ group says 25 sacked over labor dispute
A GROUP claiming to represent 1,400 workers in broadcast giant ABS-CBN Corp.’s job pool said yesterday more than two dozen members have been terminated for their refusal to accept regular employment status. Alain Cadag, vice-president of the ABS-CBN Internal Job Market (IJM) Workers’ Union, said 25 members were removed from their posts effective June 17. “The network [...]
Article:
http://www.tucp.org.ph/news/index.php/2010/06/abs-cbn-workers’-group-says-25-sacked-over-labor-dispute/
Subscribe to http://alevarsblog.blogspot.com by Email Pinoy Biztalk and Job become a fan of facebook and twitter
Subscribe to Job Bank Canada Philippines Work Abroad by EmailBecome a Fan in Facebook to Job Bank Canada Job Bank Canada old site
Article:
http://www.tucp.org.ph/news/index.php/2010/06/abs-cbn-workers’-group-says-25-sacked-over-labor-dispute/
Subscribe to http://alevarsblog.blogspot.com by Email Pinoy Biztalk and Job become a fan of facebook and twitter
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33 party-list representatives proclaimed
THE COMMISSION on Elections (Comelec) has proclaimed 33 party-list representatives that will represent 26 organizations in the 15th Congress except presidential son Juan Miguel M. Arroyo who is still facing a disqualification case. Comelec Chairman Jose A. R. Melo said in an interview yesterday that nominees with pending disqualification cases, even if their groups were already [...]
Article:
http://www.tucp.org.ph/news/index.php/2010/06/33-party-list-representatives-proclaimed/
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Article:
http://www.tucp.org.ph/news/index.php/2010/06/33-party-list-representatives-proclaimed/
Subscribe to http://alevarsblog.blogspot.com by Email
Pinoy Biztalk and Job become a fan of facebook and twitter
4 Pinoys lose US jobs for speaking in Tagalog
June 22, 2010
BALTIMORE, Maryland – Four Filipina ex-staffers of a Baltimore City hospital haven’t gotten over the shock of being summarily fired from their jobs, allegedly because they spoke Pilipino during their lunch break.
“Hindi ko pa rin matanggap na the basis of the termination was the language,” nurse Hachelle Natano told ABS-CBN News.
Corina Capunitan-Yap, Anna Rowena Rosales, Jazziel Granada and Natano were fired from their jobs at the Bon Secours Hospital last April 16.
“I feel I was harassed and discriminated against because of my national origin,” Natano explained.
“They claimed they heard us speaking in Pilipino and that is the only basis of the termination. It wasn’t because of my functions as a nurse. There were no negative write-ups, no warning before the termination,” she added.
Last November, Bon Secours imposed for the first time an English-only language policy in the Emergency Room, the nurses said.
Many hospitals, especially those with foreign medical staff, implement the rule in trauma facilities because it’s critical everyone understand each other as they respond to life-and-death situations.
They were asked to sign the hospital’s “Emergency Department Expectations” that set the length of their lunch and snack breaks; lays down when they can take a rest; and directs that English should be the only language spoken while the nurses are on ER duty.
Granada was surprised when she too got the boot.
“I was shocked. I’m not even a nurse. I’m a secretary so I’m not involved with patient care. It came as a big shock and I was asking myself, why I was included,” she told ABS-CBN News.
Lawyer Arnedo Valera of the Virginia-based Migrant Heritage Commission has filed a complaint with the US Equal Employment Opportunity Commission (EEOC).
The nurses, he pointed out, were “arbitrarily terminated from work without due process,” and the English-only rule violated their basic rights.
Fired because of bagoong?
This is not the first time hospital workers have been fired or disciplined for speaking in a language other than English.
In 2005, the EEOC led a federal law suit against the Highland Hospital in Rochester, New York on behalf of five Hispanic housekeepers.
They were sanctioned after they were overheard saying “hasta la vista” or goodbye as they were leaving work.
The EEOC said the English-only rule was unlawful and violated Title VII of the Civil Rights Act, which prohibits job discrimination based on a person’s race, sex or national origin.
Valera believes the English-only rule at Bon Secours Hospital was too broad and so lacking in clear guidelines to be fairly and legally implemented.
“If you speak just a single Tagalog word and someone hears you, that can be grounds for termination which is what happened to our nurses,” he explained.
“All it takes is just one word. That can be a greeting, a remark or even the name of a Filipino dish. Based on this rule, you could say ‘bagoong’ (a fermented fish sauce) and lose your job,” Valera said.
Granada, still in the dark what Pilipino word she uttered to get the pink slip, speculates it might have been because she called a Filipino doctor in the hospital “Kuya” – a word of respect akin to the English “Sir.”
The Filipinas’ plight has been aggravated, they say, by the hospital’s inability to show any documentation of when the alleged violations took place.
Their dismissal was so abrupt it took several days for the termination papers to catch up with them.
Nurses’ rights
Valera said this incident goes deeper into the problems Filipino and other foreign nurses face in US hospitals.
“There is no business necessity, there is no rational justification or direct relationship between speaking in Pilipino to the performance of their job,” he said.
Lured by higher pay and wider opportunities for advancement, Filipino professionals – doctors, nurses, engineers – have flocked to the US for the past 50 years.
The Philippines, India and Nigeria are the top suppliers of nurses in the US. In the 1980s, nearly half of all foreign nurses entering the US were Filipinos.
“America is supposed to be land of the free but in our case we were terminated because we spoke in our native language,” Rosales said.
“It is so unfair for Filipino nurses. I am making an appeal to nurses’ associations that with this incident we should let them know that no patient is harmed when we speak in our native language,” she declared. –Rodney J. Jaleco, ABS-CBN North America News Bure
http://www.tucp.org.ph/news
Subscribe to http://alevarsblog.blogspot.com by Email Pinoy Biztalk and Job become a fan of facebook and twitter
BALTIMORE, Maryland – Four Filipina ex-staffers of a Baltimore City hospital haven’t gotten over the shock of being summarily fired from their jobs, allegedly because they spoke Pilipino during their lunch break.
“Hindi ko pa rin matanggap na the basis of the termination was the language,” nurse Hachelle Natano told ABS-CBN News.
Corina Capunitan-Yap, Anna Rowena Rosales, Jazziel Granada and Natano were fired from their jobs at the Bon Secours Hospital last April 16.
“I feel I was harassed and discriminated against because of my national origin,” Natano explained.
“They claimed they heard us speaking in Pilipino and that is the only basis of the termination. It wasn’t because of my functions as a nurse. There were no negative write-ups, no warning before the termination,” she added.
Last November, Bon Secours imposed for the first time an English-only language policy in the Emergency Room, the nurses said.
Many hospitals, especially those with foreign medical staff, implement the rule in trauma facilities because it’s critical everyone understand each other as they respond to life-and-death situations.
They were asked to sign the hospital’s “Emergency Department Expectations” that set the length of their lunch and snack breaks; lays down when they can take a rest; and directs that English should be the only language spoken while the nurses are on ER duty.
Granada was surprised when she too got the boot.
“I was shocked. I’m not even a nurse. I’m a secretary so I’m not involved with patient care. It came as a big shock and I was asking myself, why I was included,” she told ABS-CBN News.
Lawyer Arnedo Valera of the Virginia-based Migrant Heritage Commission has filed a complaint with the US Equal Employment Opportunity Commission (EEOC).
The nurses, he pointed out, were “arbitrarily terminated from work without due process,” and the English-only rule violated their basic rights.
Fired because of bagoong?
This is not the first time hospital workers have been fired or disciplined for speaking in a language other than English.
In 2005, the EEOC led a federal law suit against the Highland Hospital in Rochester, New York on behalf of five Hispanic housekeepers.
They were sanctioned after they were overheard saying “hasta la vista” or goodbye as they were leaving work.
The EEOC said the English-only rule was unlawful and violated Title VII of the Civil Rights Act, which prohibits job discrimination based on a person’s race, sex or national origin.
Valera believes the English-only rule at Bon Secours Hospital was too broad and so lacking in clear guidelines to be fairly and legally implemented.
“If you speak just a single Tagalog word and someone hears you, that can be grounds for termination which is what happened to our nurses,” he explained.
“All it takes is just one word. That can be a greeting, a remark or even the name of a Filipino dish. Based on this rule, you could say ‘bagoong’ (a fermented fish sauce) and lose your job,” Valera said.
Granada, still in the dark what Pilipino word she uttered to get the pink slip, speculates it might have been because she called a Filipino doctor in the hospital “Kuya” – a word of respect akin to the English “Sir.”
The Filipinas’ plight has been aggravated, they say, by the hospital’s inability to show any documentation of when the alleged violations took place.
Their dismissal was so abrupt it took several days for the termination papers to catch up with them.
Nurses’ rights
Valera said this incident goes deeper into the problems Filipino and other foreign nurses face in US hospitals.
“There is no business necessity, there is no rational justification or direct relationship between speaking in Pilipino to the performance of their job,” he said.
Lured by higher pay and wider opportunities for advancement, Filipino professionals – doctors, nurses, engineers – have flocked to the US for the past 50 years.
The Philippines, India and Nigeria are the top suppliers of nurses in the US. In the 1980s, nearly half of all foreign nurses entering the US were Filipinos.
“America is supposed to be land of the free but in our case we were terminated because we spoke in our native language,” Rosales said.
“It is so unfair for Filipino nurses. I am making an appeal to nurses’ associations that with this incident we should let them know that no patient is harmed when we speak in our native language,” she declared. –Rodney J. Jaleco, ABS-CBN North America News Bure
http://www.tucp.org.ph/news
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Jun 28, 2010
TWO DAYS OVERSEAS EMPLOYMENT MEGA JOBS FAIR
HANDOG NG GLOBAL PINOY SA BAGONG PANGULONG NOYNOY: TWO DAYS OVERSEAS EMPLOYMENT MEGA JOBS FAIR
July 2 & 3, 2010 from 8AM – 5PM at Philippine Trade Training Center (PTTC), Gil Puyat (Buendia) Ave. Extn., cor. Roxas Blvd., Pasay City
Email early your resume to: pasei.jobsxpo@gmail.com
Thousands of overseas jobs will be made available to applicants from POEA licensed recruitment agency members of the Philippine Association of Service Exporters, Inc. (PASEI)
Motorpool workers, medical & hospital staff, construction workers, skilled and technical/maintenance workers, engineers (CE, ME, EE, ECE, Design, Structural, Architectural, Electro-Mechs, etc), I.T. personnel/autocad draftsmen, service/hotel/restaurant workers, HSW/DH/dressmakers, etc.
No application fee
No entrance fee
July 2 & 3, 2010 from 8AM – 5PM at Philippine Trade Training Center (PTTC), Gil Puyat (Buendia) Ave. Extn., cor. Roxas Blvd., Pasay City
Email early your resume to: pasei.jobsxpo@gmail.com
Thousands of overseas jobs will be made available to applicants from POEA licensed recruitment agency members of the Philippine Association of Service Exporters, Inc. (PASEI)
Motorpool workers, medical & hospital staff, construction workers, skilled and technical/maintenance workers, engineers (CE, ME, EE, ECE, Design, Structural, Architectural, Electro-Mechs, etc), I.T. personnel/autocad draftsmen, service/hotel/restaurant workers, HSW/DH/dressmakers, etc.
No application fee
No entrance fee
Jun 25, 2010
BOOK THREE CONDITIONS OF EMPLOYMENT- WORKING CONDITIONS AND REST PERIODS
BOOK THREE
CONDITIONS OF EMPLOYMENT
Title I
WORKING CONDITIONS AND REST PERIODS
Chapter I
HOURS OF WORK
Art. 82. Coverage. The provisions of this Title shall apply to employees in all establishments and undertakings whether for profit or not, but not to government employees, managerial employees, field personnel, members of the family of the employer who are dependent on him for support, domestic helpers, persons in the personal service of another, and workers who are paid by results as determined by the Secretary of Labor in appropriate regulations.
As used herein, "managerial employees" refer to those whose primary duty consists of the management of the establishment in which they are employed or of a department or subdivision thereof, and to other officers or members of the managerial staff.
"Field personnel" shall refer to non-agricultural employees who regularly perform their duties away from the principal place of business or branch office of the employer and whose actual hours of work in the field cannot be determined with reasonable certainty.
Art. 83. Normal hours of work. The normal hours of work of any employee shall not exceed eight (8) hours a day.
Health personnel in cities and municipalities with a population of at least one million (1,000,000) or in hospitals and clinics with a bed capacity of at least one hundred (100) shall hold regular office hours for eight (8) hours a day, for five (5) days a week, exclusive of time for meals, except where the exigencies of the service require that such personnel work for six (6) days or forty-eight (48) hours, in which case, they shall be entitled to an additional compensation of at least thirty percent (30%) of their regular wage for work on the sixth day. For purposes of this Article, "health personnel" shall include resident physicians, nurses, nutritionists, dietitians, pharmacists, social workers, laboratory technicians, paramedical technicians, psychologists, midwives, attendants and all other hospital or clinic personnel.
Art. 84. Hours worked. Hours worked shall include (a) all time during which an employee is required to be on duty or to be at a prescribed workplace; and (b) all time during which an employee is suffered or permitted to work.
Rest periods of short duration during working hours shall be counted as hours worked.
Art. 85. Meal periods. Subject to such regulations as the Secretary of Labor may prescribe, it shall be the duty of every employer to give his employees not less than sixty (60) minutes time-off for their regular meals.
Art. 86. Night shift differential. Every employee shall be paid a night shift differential of not less than ten percent (10%) of his regular wage for each hour of work performed between ten o’clock in the evening and six o’clock in the morning.
Art. 87. Overtime work. Work may be performed beyond eight (8) hours a day provided that the employee is paid for the overtime work, an additional compensation equivalent to his regular wage plus at least twenty-five percent (25%) thereof. Work performed beyond eight hours on a holiday or rest day shall be paid an additional compensation equivalent to the rate of the first eight hours on a holiday or rest day plus at least thirty percent (30%) thereof.
Art. 88. Undertime not offset by overtime. Undertime work on any particular day shall not be offset by overtime work on any other day. Permission given to the employee to go on leave on some other day of the week shall not exempt the employer from paying the additional compensation required in this Chapter.
Art. 89. Emergency overtime work. Any employee may be required by the employer to perform overtime work in any of the following cases:
a. When the country is at war or when any other national or local emergency has been declared by the National Assembly or the Chief Executive;
b. When it is necessary to prevent loss of life or property or in case of imminent danger to public safety due to an actual or impending emergency in the locality caused by serious accidents, fire, flood, typhoon, earthquake, epidemic, or other disaster or calamity;
c. When there is urgent work to be performed on machines, installations, or equipment, in order to avoid serious loss or damage to the employer or some other cause of similar nature;
d. When the work is necessary to prevent loss or damage to perishable goods; and
e. Where the completion or continuation of the work started before the eighth hour is necessary to prevent serious obstruction or prejudice to the business or operations of the employer.
Any employee required to render overtime work under this Article shall be paid the additional compensation required in this Chapter.
Art. 90. Computation of additional compensation. For purposes of computing overtime and other additional remuneration as required by this Chapter, the "regular wage" of an employee shall include the cash wage only, without deduction on account of
facilities provided by the employer.
Source:http://wwww.dole.gov.ph
CONDITIONS OF EMPLOYMENT
Title I
WORKING CONDITIONS AND REST PERIODS
Chapter I
HOURS OF WORK
Art. 82. Coverage. The provisions of this Title shall apply to employees in all establishments and undertakings whether for profit or not, but not to government employees, managerial employees, field personnel, members of the family of the employer who are dependent on him for support, domestic helpers, persons in the personal service of another, and workers who are paid by results as determined by the Secretary of Labor in appropriate regulations.
As used herein, "managerial employees" refer to those whose primary duty consists of the management of the establishment in which they are employed or of a department or subdivision thereof, and to other officers or members of the managerial staff.
"Field personnel" shall refer to non-agricultural employees who regularly perform their duties away from the principal place of business or branch office of the employer and whose actual hours of work in the field cannot be determined with reasonable certainty.
Art. 83. Normal hours of work. The normal hours of work of any employee shall not exceed eight (8) hours a day.
Health personnel in cities and municipalities with a population of at least one million (1,000,000) or in hospitals and clinics with a bed capacity of at least one hundred (100) shall hold regular office hours for eight (8) hours a day, for five (5) days a week, exclusive of time for meals, except where the exigencies of the service require that such personnel work for six (6) days or forty-eight (48) hours, in which case, they shall be entitled to an additional compensation of at least thirty percent (30%) of their regular wage for work on the sixth day. For purposes of this Article, "health personnel" shall include resident physicians, nurses, nutritionists, dietitians, pharmacists, social workers, laboratory technicians, paramedical technicians, psychologists, midwives, attendants and all other hospital or clinic personnel.
Art. 84. Hours worked. Hours worked shall include (a) all time during which an employee is required to be on duty or to be at a prescribed workplace; and (b) all time during which an employee is suffered or permitted to work.
Rest periods of short duration during working hours shall be counted as hours worked.
Art. 85. Meal periods. Subject to such regulations as the Secretary of Labor may prescribe, it shall be the duty of every employer to give his employees not less than sixty (60) minutes time-off for their regular meals.
Art. 86. Night shift differential. Every employee shall be paid a night shift differential of not less than ten percent (10%) of his regular wage for each hour of work performed between ten o’clock in the evening and six o’clock in the morning.
Art. 87. Overtime work. Work may be performed beyond eight (8) hours a day provided that the employee is paid for the overtime work, an additional compensation equivalent to his regular wage plus at least twenty-five percent (25%) thereof. Work performed beyond eight hours on a holiday or rest day shall be paid an additional compensation equivalent to the rate of the first eight hours on a holiday or rest day plus at least thirty percent (30%) thereof.
Art. 88. Undertime not offset by overtime. Undertime work on any particular day shall not be offset by overtime work on any other day. Permission given to the employee to go on leave on some other day of the week shall not exempt the employer from paying the additional compensation required in this Chapter.
Art. 89. Emergency overtime work. Any employee may be required by the employer to perform overtime work in any of the following cases:
a. When the country is at war or when any other national or local emergency has been declared by the National Assembly or the Chief Executive;
b. When it is necessary to prevent loss of life or property or in case of imminent danger to public safety due to an actual or impending emergency in the locality caused by serious accidents, fire, flood, typhoon, earthquake, epidemic, or other disaster or calamity;
c. When there is urgent work to be performed on machines, installations, or equipment, in order to avoid serious loss or damage to the employer or some other cause of similar nature;
d. When the work is necessary to prevent loss or damage to perishable goods; and
e. Where the completion or continuation of the work started before the eighth hour is necessary to prevent serious obstruction or prejudice to the business or operations of the employer.
Any employee required to render overtime work under this Article shall be paid the additional compensation required in this Chapter.
Art. 90. Computation of additional compensation. For purposes of computing overtime and other additional remuneration as required by this Chapter, the "regular wage" of an employee shall include the cash wage only, without deduction on account of
facilities provided by the employer.
Source:http://wwww.dole.gov.ph
Jun 22, 2010
A Fruit that Fights Constipation, Cholesterol and Cancer :
Dates are nutrient power-houses that supply a liberal dose of vital vitamins and minerals that help maintain optimum health.
The date palm is often described as the ‘Tree of Life’. According to a Muslim legend, the date palm was the first tree to be grown in history, and it was cultivated from the dust that was left after the conception of Adam.
The Nutritional Highlights of Dates
Dates are a brilliant source of easily digestible carbohydrates and a significant source of dietary fiber, especially, beta-D-glucan. Dates provide ample thiamine, niacin, riboflavin, pantothenic acid, iron, copper, potassium, zinc and folic acid. Packed with these essential nutrients, dates proffer the a host of health benefits:
http://food-facts.suite101.com/article.cfm/a-fruit-that-fights-constipation-cholesterol-and-cancer--dates
The date palm is often described as the ‘Tree of Life’. According to a Muslim legend, the date palm was the first tree to be grown in history, and it was cultivated from the dust that was left after the conception of Adam.
The Nutritional Highlights of Dates
Dates are a brilliant source of easily digestible carbohydrates and a significant source of dietary fiber, especially, beta-D-glucan. Dates provide ample thiamine, niacin, riboflavin, pantothenic acid, iron, copper, potassium, zinc and folic acid. Packed with these essential nutrients, dates proffer the a host of health benefits:
http://food-facts.suite101.com/article.cfm/a-fruit-that-fights-constipation-cholesterol-and-cancer--dates
Holy Gospel of Jesus Christ according to Saint Matthew 7:6.12-14.
6Huwag ninyong ibigay sa aso ang anumang banal. Huwag ninyong ihagis ang inyong mga perlas sa mga baboy. Kung gayon, yuyurakan lang nila ito at muling babalik at lalapain kayo.
Humingi, Maghanap, Kumatok
7Humingi kayo at ito ay ibibigay sa inyo. Maghanap kayo at makakasumpong kayo. Kumatok kayo at ito ay bubuksan sa inyo. 8Ito ay sapagkat ang bawat isang humihingi ay tumatanggap. Siya na naghahanap ay nakakasumpong. Ang kumakatok ay pinagbubuksan.
9Sino kaya sa inyo ang magbibigay ng isang bato sa kaniyang anak kung ito ay humingi ng tinapay? 10Kung humingi siya sa kaniya ng isda, bibigyan ba niya ito ng ahas? 11Kayo, bagaman masasama ay marunong magbigay ng mabubuting kaloob sa inyong mga anak, gaano pa kaya ang inyong Ama na nasa langit? Hindi ba niya ibibigay ang mabubuting bagay sa kanila na humihingi sa kaniya? 12Kaya nga, ang lahat ng bagay na ibig ninyong gawin ng mga tao sa inyo ay gayundin ang gawin ninyo sa kanila sapagkat ito ang kabuuan ng Kautusan at ng mga Propeta.
Ang Makipot at ang Maluwang na Daan
13Pumasok kayo sa makipot na tarangkahan sapagkat ang maluwang na tarangkahan at malapad na daan ay patungo sa kapahamakan. Marami ang patungo roon. 14Subalit ang makipot na tarangkahan at makitid na daan ay patungo sa buhay. Kakaunti ang mga nakakasumpong nito.
Ang Salita ng Diyos (SND)
Humingi, Maghanap, Kumatok
7Humingi kayo at ito ay ibibigay sa inyo. Maghanap kayo at makakasumpong kayo. Kumatok kayo at ito ay bubuksan sa inyo. 8Ito ay sapagkat ang bawat isang humihingi ay tumatanggap. Siya na naghahanap ay nakakasumpong. Ang kumakatok ay pinagbubuksan.
9Sino kaya sa inyo ang magbibigay ng isang bato sa kaniyang anak kung ito ay humingi ng tinapay? 10Kung humingi siya sa kaniya ng isda, bibigyan ba niya ito ng ahas? 11Kayo, bagaman masasama ay marunong magbigay ng mabubuting kaloob sa inyong mga anak, gaano pa kaya ang inyong Ama na nasa langit? Hindi ba niya ibibigay ang mabubuting bagay sa kanila na humihingi sa kaniya? 12Kaya nga, ang lahat ng bagay na ibig ninyong gawin ng mga tao sa inyo ay gayundin ang gawin ninyo sa kanila sapagkat ito ang kabuuan ng Kautusan at ng mga Propeta.
Ang Makipot at ang Maluwang na Daan
13Pumasok kayo sa makipot na tarangkahan sapagkat ang maluwang na tarangkahan at malapad na daan ay patungo sa kapahamakan. Marami ang patungo roon. 14Subalit ang makipot na tarangkahan at makitid na daan ay patungo sa buhay. Kakaunti ang mga nakakasumpong nito.
Ang Salita ng Diyos (SND)
Jun 21, 2010
There is hope
These coming months will be especially difficult for our country.
We have the El Niño drying up our water sources and creating havoc on our agriculture.
Campaigns and the elections will create a lot of stress in trying to discern who is best for our country and our respective communities.
The bright side of things is that whatever the result, for as long as the elections are conducted and concluded credibly, our economic future will be very bright.
However, if there is a failure of elections caused by the untested automated system, what will surely follow is a chaotic economic and social environment.
More jobs will be lost and each one will have to keep struggling to keep whole until better times come.
Yes, better times will come and we want to look ahead with this sort of parable of HOPE that someone shared with me.
The story has to do with the pear tree in a country, which had four weather seasons, namely, winter, spring, summer and autumn.
There was a man who had four sons whom he wanted to teach not to judge things too quickly.
He sent each of them on a mission to go and look at a pear tree that was far away.
The first son went in the winter, the second in the spring, the third in the summer and the youngest in the fall or autumn.
When they had all gone and arrived, he called them together to describe to him what they saw.
The first son said that the tree was ugly, bent, and twisted.
The second son said that the tree was covered by green buds and was full of promise.
The third son disagreed and said the tree was full of sweet smelling blossoms that smelled so sweet and looked so beautiful.
The last son said that he saw the tree full of ripe fruit ready to be picked and full of life and fulfillment.
The father explained to them that all of them were right because each of them saw the tree in only one and different season of life.
He told them that you couldn’t judge a tree by only one season of life.
The essence of what it is can only be measured at the end after completing all the seasons.
Therefore, if you give up on the tree during winter, you will miss the promise of spring, the beauty of summer, and the fulfillment of autumn.
We can apply this parable to our financial life where there are also these four seasons.
We are still probably in the winter of our financial options.
It has been very difficult for everybody whether an ordinary income-earner or a person with substantial wealth.
In fact, we have seen some take the radical solution in ending their lives simply because they are incapable of seeing farther than winter.
Just as sure as night and day, spring will follow winter.
The challenge though is that it is difficult to predict when each season will end.
It is especially most difficult to accept that “autumn” when all the big profits can be made will end.
Fortunately though, in the financial world, there can be little season cycles within the big season.
There will always be chances to save, invest and earn.
Every asset class has its time.
The challenge is to know which asset class rules in a given season.
This is why I always advise people to choose the right investment option only after making their personal financial plan based on their Personal Statement of Assets and Liabilities (SAL) and Personal Income and Expense Statement (PIES).
Mutual funds (MF) or Unit Investment Trust Funds (UITF) are usually right for most people because you need not invest all your savings in it.
It is also a long-term investment using savings that you can practically “forget.”
Just choose the best MF or UITF that will fit your objectives.
MF range from P5,000 minimum investment and UITF from P10,000 minimum investment.
Invest a small amount in it regularly, preferably monthly whether the market is up or down.
In this way, you will be averaging your cost over the years.
You do not have the look at it too often.
If you are buying regularly, your average cost will surprise you over the years.
Of course, the rule is always to buy low (during winter) and sell high (during summer and autumn).
But we cannot always be checking the market, unless it is our job.
MF and UITF managers know the seasons within the seasons and they will make their funds grow accordingly.
Don’t let the pain of one season destroy the joy of all the rest.
Do not judge life by one difficult season.
We still have the rest of our life still ahead of us.
For those interested in our Pisobilities Seminar on Saturday March 20 2-4pm, please call 6373731 or 6373741. For email inquiries, info@colaycofoundation.com.
Article:
http://blogs.gmanews.tv/francisco-colayco/archives/30-There-is-hope.html
Subscribe to blog below|
http://kilusansajollibee.blogspot.com/2010/06/there-is-hope.html
We have the El Niño drying up our water sources and creating havoc on our agriculture.
Campaigns and the elections will create a lot of stress in trying to discern who is best for our country and our respective communities.
The bright side of things is that whatever the result, for as long as the elections are conducted and concluded credibly, our economic future will be very bright.
However, if there is a failure of elections caused by the untested automated system, what will surely follow is a chaotic economic and social environment.
More jobs will be lost and each one will have to keep struggling to keep whole until better times come.
Yes, better times will come and we want to look ahead with this sort of parable of HOPE that someone shared with me.
The story has to do with the pear tree in a country, which had four weather seasons, namely, winter, spring, summer and autumn.
There was a man who had four sons whom he wanted to teach not to judge things too quickly.
He sent each of them on a mission to go and look at a pear tree that was far away.
The first son went in the winter, the second in the spring, the third in the summer and the youngest in the fall or autumn.
When they had all gone and arrived, he called them together to describe to him what they saw.
The first son said that the tree was ugly, bent, and twisted.
The second son said that the tree was covered by green buds and was full of promise.
The third son disagreed and said the tree was full of sweet smelling blossoms that smelled so sweet and looked so beautiful.
The last son said that he saw the tree full of ripe fruit ready to be picked and full of life and fulfillment.
The father explained to them that all of them were right because each of them saw the tree in only one and different season of life.
He told them that you couldn’t judge a tree by only one season of life.
The essence of what it is can only be measured at the end after completing all the seasons.
Therefore, if you give up on the tree during winter, you will miss the promise of spring, the beauty of summer, and the fulfillment of autumn.
We can apply this parable to our financial life where there are also these four seasons.
We are still probably in the winter of our financial options.
It has been very difficult for everybody whether an ordinary income-earner or a person with substantial wealth.
In fact, we have seen some take the radical solution in ending their lives simply because they are incapable of seeing farther than winter.
Just as sure as night and day, spring will follow winter.
The challenge though is that it is difficult to predict when each season will end.
It is especially most difficult to accept that “autumn” when all the big profits can be made will end.
Fortunately though, in the financial world, there can be little season cycles within the big season.
There will always be chances to save, invest and earn.
Every asset class has its time.
The challenge is to know which asset class rules in a given season.
This is why I always advise people to choose the right investment option only after making their personal financial plan based on their Personal Statement of Assets and Liabilities (SAL) and Personal Income and Expense Statement (PIES).
Mutual funds (MF) or Unit Investment Trust Funds (UITF) are usually right for most people because you need not invest all your savings in it.
It is also a long-term investment using savings that you can practically “forget.”
Just choose the best MF or UITF that will fit your objectives.
MF range from P5,000 minimum investment and UITF from P10,000 minimum investment.
Invest a small amount in it regularly, preferably monthly whether the market is up or down.
In this way, you will be averaging your cost over the years.
You do not have the look at it too often.
If you are buying regularly, your average cost will surprise you over the years.
Of course, the rule is always to buy low (during winter) and sell high (during summer and autumn).
But we cannot always be checking the market, unless it is our job.
MF and UITF managers know the seasons within the seasons and they will make their funds grow accordingly.
Don’t let the pain of one season destroy the joy of all the rest.
Do not judge life by one difficult season.
We still have the rest of our life still ahead of us.
For those interested in our Pisobilities Seminar on Saturday March 20 2-4pm, please call 6373731 or 6373741. For email inquiries, info@colaycofoundation.com.
Article:
http://blogs.gmanews.tv/francisco-colayco/archives/30-There-is-hope.html
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http://kilusansajollibee.blogspot.com/2010/06/there-is-hope.html
REAL ESTATE AS A BUSINESS?
Joyce, the wife of the OFW whose husband remits to her $300 or PhP15,000 monthly wants to consider just buying real estate as an investment. She understood from our last talk that she should not invest more than PhP7,000 in real estate so that she can spread her risks.
Her cousin, Tina, is offering her a piece of land in her province as an investment. It is 1,000 sq.m. for only PhP400,000. Her cousin is even willing to accept installment payments if she just makes a 10% down payment of PhP40,000. Joyce has the money for the down payment because her husband just received a bonus.
Tina is willing to accept payment for the balance of PhP360,000 at the installment payments of PhP7,000 per month for 5 years or 60 months. This is actually equivalent to paying Tina an interest rate of only 6.24% p.a. for the PhP360,000 balance due. Tina told Joyce that this is a good deal because the property is well located and there are talks that prices will at least double in five years (this means that the value of the property will increase by 14.4% per year) because the area will be developed very soon. Tina can’t wait for the development because she is getting married and living abroad. The monthly installment is something that she wants to give to her parents as a monthly gift because her husband will be giving her the same amount to give to her parents anyway.
My comments are:
In terms of the money involved the deal does look okay if Joyce is able to:
Make sure that the PhP15,000 or at least PhP7,000 monthly remittance of her husband will really continue for 5 years and that she will have no other need for it except to pay for this property.
Investigate with the Registrar of Deeds that the value of property recently sold in the area to be really at least PhP400 per square meter.
Check out that the Transfer Certificate of Title (TCT) is clean and that it really corresponds to the property that was shown to you.
Visit the property to see that it does not have any squatters. Joyce will be paying less than the Php15,000 that she has available monthly so she has the budget to pay for real estate taxes and other expenses to maintain the land free of “talahib” and future possible squatters.
Ensure that the TCT can readily be transferred to Joyce after full payment considering that Tina will already be living abroad. Joyce should consult with a lawyer on this.
Joyce should try to understand if there is real basis in expecting the value to double in five years. She should verify from the local government whether or not there are approved infrastructure developments in the area and how long it will take. “Chismis” can never be reliable. She has to go there herself and check with the Registry or Deeds and the companies who will be developing the area.
However, even plans of big companies can change. Then, she has to make an educated guess if the future increase in value will give her returns that are at least higher than the average annual inflation rate of 7%.
If the property appreciates by only 7% annually, which is the average increase of property values, then the sales value of the property after five years will be PhP 561,000 or PhP527,000 after a 6% capital gains tax. This will mean that the effective return of this investment will only be 5.1%. This is lower than the average inflation rate of 7% and is therefore not that attractive as an investment
I need to remind Joyce that land, as an investment, is generally an illiquid investment. It is something she cannot sell very quickly if she needs cash. In this case, she can only sell the property after she has completed her installment payments and the TCT has been transferred to her. Again, this is an issue that ought to be discussed with Tina and the lawyer before the down payment is made.
In this case, she should be able to sell the land at PhP600 per square meter after five years if she wants to make a return equal to at least the inflation rate of 7%. She must remember that she will have to pay for the transfer of the TCT (about 2% of selling price) after she has completed the installment payments. Also she has capital gains tax of 6% when she sells the property.
If Joyce is able to find other uses for the real estate to give her income, she should include that income in the computation of the returns she has derived from the property. This would of course improve the return on that property investment.
Let us assume that there is a small building on the property that Joyce has been offered for the terms given above. Let’s say that Joyce has the option to rent out space in that building. In such a case, when she estimates her rental income, she should remember that she has to deduct the following from her rental income:
Cost of daily maintenance if there will be more than one tenant in the building as there will be common areas.
20% vacancy rate. This means that there will be no income for about 2.5 months per year.
Cost of major repairs of the building
Possible non-payment of rent by the tenants.
In addition to real estate tax, municipal permits and income taxes.
I also told Joyce, for her information that others also buy real estate to develop into buildings to rent, sell or into condominiums. However, these involve bigger capital and a lot more serious business management expertise.
Article:
http://blogs.gmanews.tv/francisco-colayco/archives/35-REAL-ESTATE-AS-A-BUSINESS.html
Her cousin, Tina, is offering her a piece of land in her province as an investment. It is 1,000 sq.m. for only PhP400,000. Her cousin is even willing to accept installment payments if she just makes a 10% down payment of PhP40,000. Joyce has the money for the down payment because her husband just received a bonus.
Tina is willing to accept payment for the balance of PhP360,000 at the installment payments of PhP7,000 per month for 5 years or 60 months. This is actually equivalent to paying Tina an interest rate of only 6.24% p.a. for the PhP360,000 balance due. Tina told Joyce that this is a good deal because the property is well located and there are talks that prices will at least double in five years (this means that the value of the property will increase by 14.4% per year) because the area will be developed very soon. Tina can’t wait for the development because she is getting married and living abroad. The monthly installment is something that she wants to give to her parents as a monthly gift because her husband will be giving her the same amount to give to her parents anyway.
My comments are:
In terms of the money involved the deal does look okay if Joyce is able to:
Make sure that the PhP15,000 or at least PhP7,000 monthly remittance of her husband will really continue for 5 years and that she will have no other need for it except to pay for this property.
Investigate with the Registrar of Deeds that the value of property recently sold in the area to be really at least PhP400 per square meter.
Check out that the Transfer Certificate of Title (TCT) is clean and that it really corresponds to the property that was shown to you.
Visit the property to see that it does not have any squatters. Joyce will be paying less than the Php15,000 that she has available monthly so she has the budget to pay for real estate taxes and other expenses to maintain the land free of “talahib” and future possible squatters.
Ensure that the TCT can readily be transferred to Joyce after full payment considering that Tina will already be living abroad. Joyce should consult with a lawyer on this.
Joyce should try to understand if there is real basis in expecting the value to double in five years. She should verify from the local government whether or not there are approved infrastructure developments in the area and how long it will take. “Chismis” can never be reliable. She has to go there herself and check with the Registry or Deeds and the companies who will be developing the area.
However, even plans of big companies can change. Then, she has to make an educated guess if the future increase in value will give her returns that are at least higher than the average annual inflation rate of 7%.
If the property appreciates by only 7% annually, which is the average increase of property values, then the sales value of the property after five years will be PhP 561,000 or PhP527,000 after a 6% capital gains tax. This will mean that the effective return of this investment will only be 5.1%. This is lower than the average inflation rate of 7% and is therefore not that attractive as an investment
I need to remind Joyce that land, as an investment, is generally an illiquid investment. It is something she cannot sell very quickly if she needs cash. In this case, she can only sell the property after she has completed her installment payments and the TCT has been transferred to her. Again, this is an issue that ought to be discussed with Tina and the lawyer before the down payment is made.
In this case, she should be able to sell the land at PhP600 per square meter after five years if she wants to make a return equal to at least the inflation rate of 7%. She must remember that she will have to pay for the transfer of the TCT (about 2% of selling price) after she has completed the installment payments. Also she has capital gains tax of 6% when she sells the property.
If Joyce is able to find other uses for the real estate to give her income, she should include that income in the computation of the returns she has derived from the property. This would of course improve the return on that property investment.
Let us assume that there is a small building on the property that Joyce has been offered for the terms given above. Let’s say that Joyce has the option to rent out space in that building. In such a case, when she estimates her rental income, she should remember that she has to deduct the following from her rental income:
Cost of daily maintenance if there will be more than one tenant in the building as there will be common areas.
20% vacancy rate. This means that there will be no income for about 2.5 months per year.
Cost of major repairs of the building
Possible non-payment of rent by the tenants.
In addition to real estate tax, municipal permits and income taxes.
I also told Joyce, for her information that others also buy real estate to develop into buildings to rent, sell or into condominiums. However, these involve bigger capital and a lot more serious business management expertise.
Article:
http://blogs.gmanews.tv/francisco-colayco/archives/35-REAL-ESTATE-AS-A-BUSINESS.html
DOLE expects better job figures for farm sector after El Niño
THE Department of Labor and Employment (DOLE) expects better results in the next Labor Force Survey (LFS) once the agriculture sector recovers from El Niño, which caused job losses in the first few months of the year. Labor Undersecretary Romeo Lagman also said in a Palace briefing that it is important to see the “positive aspect” [...]
Article:
http://www.tucp.org.ph/news/index.php/2010/06/dole-expects-better-job-figures-for-farm-sector-after-el-nino/http://www.tucp.org.ph/news/index.php/2010/06/dole-expects-better-job-figures-for-farm-sector-after-el-nino/ Article: DOLE expects better job figures for farm sector after El Niño
Article:
DOLE expects better job figures for farm sector after El Niño
Article:
http://www.tucp.org.ph/news/index.php/2010/06/dole-expects-better-job-figures-for-farm-sector-after-el-nino/http://www.tucp.org.ph/news/index.php/2010/06/dole-expects-better-job-figures-for-farm-sector-after-el-nino/ Article: DOLE expects better job figures for farm sector after El Niño
Article:
DOLE expects better job figures for farm sector after El Niño
Our Filipinas
It was four in the afternoon. The monsoon rains of the last two weeks had stopped and its ominous clouds scattered as the afternoon sun burned through, casting a golden hue that would soon turn bright crimson like blood, later to darken as shadows lengthened and then disappeared.
The young general strode to the large balcony window of his white wooden mansion in Cavite el Viejo. From the receiving room where he planned battles, he walked to where he would see what was worth dying for.
His rayadillo, with its diagonal weave, was crisp and immaculate. Its brass buttons, long left unpolished in the field, and its miniature chevrons and medals were now gleaming. From his side, a saber hung. Though now sheathed, it was a deadly witness to too many wars won and lost.
From the balcony window, the young general faced the people gathered outside waving banners, swords and muskets. His gaze was first on the immediate, scanning each face for a glow that reflected an anticipation that tomorrow would be a new day.
And then towards a future that only the mind's eye could see he looked beyond the fields that had been his family's source of livelihood.
It was time. Emilio Aguinaldo soon gripped a pole with a magnificent silken tricolor banner at its other end. It was the first time that the colors were unfurled, not as a field banner as it had flown recently, but, as the flag of a sovereign republic.
The sacred cloth had earlier been a banner at the battle of Alapang. It was brought back from Hong Kong where it was sewn by Marcela de Agoncillo, Delfina Herbosa de Natividad, and Lorenza Agoncillo, Marcela’s daughter. From fine satin purchased along Powell Street and later sewn in a house on Morrison Hill in Hong Kong, the sewing had taken five short days.
Soon after, it quickly saw battle. Aguinaldo’s revolutionary army had repulsed the Spanish royal marines at Alapang. Along the bay's shores, a typhoon drenched the province, blowing away remnant smoke from the burning Spanish garrison. But the cleansing had done more than that. Rainwater diluted colonial blood spilled along rock and dirt eventually forcing these into earth where it did not belong.
In the ensuing days, other Spanish forces were routed in Bataan, Cavite, Pampanga, Laguna, Batangas, Tayabas and Bulacan. In the old walled city, the Spanish were trapped within ancient stones and by their decaying hubris. Soon only Manila and the port of Cavite remained under Spanish control.
As the crowd cheered, Aguinaldo waved the flag. A field of blue dotted with miniature white flowers stitched over a field of red. An immaculate white triangle. Three hand-drawn six-pointed golden stars that unified the islands into a nation. And a golden sunburst, the mythical sun with a human face with each resplendent ray for those first eight provinces that defied Spain.
His pulse rose and dampness came to his eyes. The young general had stood defiantly against older and larger men who did not treat him well, thinking his youth was a weakness.
But they were mistaken. Few, oppressed and vulnerable, ever defied an empire that ruled more than half of the world for centuries.
As the cheering reached a crescendo, solemnity ever so slowly took over as a declaration was read.
Aguinaldo's highest adviser then was Ambrosio Rianzares Bautista. Reading the Act of the Declaration of Independence would be his last official duty. After today, a paralytic, from Batangas named Apolinario Mabini, would take his place.
Suddenly, the band outside played a stirring melody. At first it was rhythmic, pounding with pomp and pageantry. As it played, it turned grand and glorious. Drawing to a close, a crescendo rose and then fell as the melody invoked the songs of souls long gone.
The "Marcha Filipina Magdalo", played by the band of San Francisco de Malabon, was a march composed by Julian Felipe, a composer from Cavite. It was written in just six days and completed on June 11, 1898. Felipe would later change the name to "Marcha Nacional Filipina". One year later, on Aug. 1899, a young soldier named Jose Palma would compose a poem entitled "Filipinas". Filipinas would later be used as the lyrics of the anthem providing eloquence to what had then stirred passions.
On the 12th day of the sixth month in 1898, a new nation was born. The most beautiful the world had ever seen. A sovereign nation named Filipinas. Our Filipinas.
Dean de la Paz sits as an independent member of the Board of Directors of one of the Philippine's oldest banks and is a senior consultant to a government financial institution. He is program director for financial education at a UK-based university where he is also a professor of finance, strategic management and business policy.
http://blogs.gmanews.tv/dean-dela-paz/index.php?/archives/30-Our-Filipinas.html
Article:
Our Filipinas
The young general strode to the large balcony window of his white wooden mansion in Cavite el Viejo. From the receiving room where he planned battles, he walked to where he would see what was worth dying for.
His rayadillo, with its diagonal weave, was crisp and immaculate. Its brass buttons, long left unpolished in the field, and its miniature chevrons and medals were now gleaming. From his side, a saber hung. Though now sheathed, it was a deadly witness to too many wars won and lost.
From the balcony window, the young general faced the people gathered outside waving banners, swords and muskets. His gaze was first on the immediate, scanning each face for a glow that reflected an anticipation that tomorrow would be a new day.
And then towards a future that only the mind's eye could see he looked beyond the fields that had been his family's source of livelihood.
It was time. Emilio Aguinaldo soon gripped a pole with a magnificent silken tricolor banner at its other end. It was the first time that the colors were unfurled, not as a field banner as it had flown recently, but, as the flag of a sovereign republic.
The sacred cloth had earlier been a banner at the battle of Alapang. It was brought back from Hong Kong where it was sewn by Marcela de Agoncillo, Delfina Herbosa de Natividad, and Lorenza Agoncillo, Marcela’s daughter. From fine satin purchased along Powell Street and later sewn in a house on Morrison Hill in Hong Kong, the sewing had taken five short days.
Soon after, it quickly saw battle. Aguinaldo’s revolutionary army had repulsed the Spanish royal marines at Alapang. Along the bay's shores, a typhoon drenched the province, blowing away remnant smoke from the burning Spanish garrison. But the cleansing had done more than that. Rainwater diluted colonial blood spilled along rock and dirt eventually forcing these into earth where it did not belong.
In the ensuing days, other Spanish forces were routed in Bataan, Cavite, Pampanga, Laguna, Batangas, Tayabas and Bulacan. In the old walled city, the Spanish were trapped within ancient stones and by their decaying hubris. Soon only Manila and the port of Cavite remained under Spanish control.
As the crowd cheered, Aguinaldo waved the flag. A field of blue dotted with miniature white flowers stitched over a field of red. An immaculate white triangle. Three hand-drawn six-pointed golden stars that unified the islands into a nation. And a golden sunburst, the mythical sun with a human face with each resplendent ray for those first eight provinces that defied Spain.
His pulse rose and dampness came to his eyes. The young general had stood defiantly against older and larger men who did not treat him well, thinking his youth was a weakness.
But they were mistaken. Few, oppressed and vulnerable, ever defied an empire that ruled more than half of the world for centuries.
As the cheering reached a crescendo, solemnity ever so slowly took over as a declaration was read.
Aguinaldo's highest adviser then was Ambrosio Rianzares Bautista. Reading the Act of the Declaration of Independence would be his last official duty. After today, a paralytic, from Batangas named Apolinario Mabini, would take his place.
Suddenly, the band outside played a stirring melody. At first it was rhythmic, pounding with pomp and pageantry. As it played, it turned grand and glorious. Drawing to a close, a crescendo rose and then fell as the melody invoked the songs of souls long gone.
The "Marcha Filipina Magdalo", played by the band of San Francisco de Malabon, was a march composed by Julian Felipe, a composer from Cavite. It was written in just six days and completed on June 11, 1898. Felipe would later change the name to "Marcha Nacional Filipina". One year later, on Aug. 1899, a young soldier named Jose Palma would compose a poem entitled "Filipinas". Filipinas would later be used as the lyrics of the anthem providing eloquence to what had then stirred passions.
On the 12th day of the sixth month in 1898, a new nation was born. The most beautiful the world had ever seen. A sovereign nation named Filipinas. Our Filipinas.
Dean de la Paz sits as an independent member of the Board of Directors of one of the Philippine's oldest banks and is a senior consultant to a government financial institution. He is program director for financial education at a UK-based university where he is also a professor of finance, strategic management and business policy.
http://blogs.gmanews.tv/dean-dela-paz/index.php?/archives/30-Our-Filipinas.html
Article:
Our Filipinas
Unemployment, poverty pose biggest challenges to Noynoy
MANILA, Philippines – Lack of jobs and extreme poverty are the two biggest problems the incoming government will have to solve. This was the assessment of former Budget Secretary, now UP economics professor Benjamin Diokno in speaking on the prospects for the Nonoy Aquino administration during the general membership meeting of the Philippine Food Exporters and [...]
Article:
http://www.tucp.org.ph/news/index.php/2010/06/unemployment-poverty-pose-biggest-challenges-to-noynoy/
Article:
http://www.tucp.org.ph/news/index.php/2010/06/unemployment-poverty-pose-biggest-challenges-to-noynoy/
Jun 15, 2010
Holy Gospel of Jesus Christ (Ibigin mo ang Iyong Kaaway)
Ibigin mo ang Iyong Kaaway
43Narinig ninyong sinabi: Ibigin mo ang iyong kapwa at kapootan mo ang iyong kaaway. 44Ngunit sinasabi ko sa inyo: Ibigin ninyo ang inyong mga kaaway. Pagpalain ninyo ang mga napopoot sa inyo. Gawan ninyo ng mabuti ang mga nagagalit sa inyo. Ipanalangin ninyo ang mga umaalipusta sa inyo at ang mga umuusig sa inyo. 45Ito ay upang kayo ay magiging mga anak ng inyong Ama na nasa langit sapagkat pinasisikat niya ang kaniyang araw sa mga masama at sa mga mabuti. At binibigyan niya ng ulan ang mga matuwid at ang mga hindi matuwid. 46Ito ay sapagkat kung ang iibigin lamang ninyo ay ang mga umiibig sa inyo, anong gantimpala ang inyong makakamit? Hindi ba ganyan din ang ginagawa ng mga maniningil ng buwis? 47Kapag ang mga kapatid lamang ninyo ang inyong babatiin, ano ang kahigitan ninyo sa iba? Hindi ba ganyan din ang ginagawa ng mga maniningil ng buwis? 48Kaya nga, kayo ay magpakasakdal tulad ng inyong Ama na nasa langit ay sakdal.
Ang Salita ng Diyos (SND)
Copyright © 1998 by Bibles International
43Narinig ninyong sinabi: Ibigin mo ang iyong kapwa at kapootan mo ang iyong kaaway. 44Ngunit sinasabi ko sa inyo: Ibigin ninyo ang inyong mga kaaway. Pagpalain ninyo ang mga napopoot sa inyo. Gawan ninyo ng mabuti ang mga nagagalit sa inyo. Ipanalangin ninyo ang mga umaalipusta sa inyo at ang mga umuusig sa inyo. 45Ito ay upang kayo ay magiging mga anak ng inyong Ama na nasa langit sapagkat pinasisikat niya ang kaniyang araw sa mga masama at sa mga mabuti. At binibigyan niya ng ulan ang mga matuwid at ang mga hindi matuwid. 46Ito ay sapagkat kung ang iibigin lamang ninyo ay ang mga umiibig sa inyo, anong gantimpala ang inyong makakamit? Hindi ba ganyan din ang ginagawa ng mga maniningil ng buwis? 47Kapag ang mga kapatid lamang ninyo ang inyong babatiin, ano ang kahigitan ninyo sa iba? Hindi ba ganyan din ang ginagawa ng mga maniningil ng buwis? 48Kaya nga, kayo ay magpakasakdal tulad ng inyong Ama na nasa langit ay sakdal.
Ang Salita ng Diyos (SND)
Copyright © 1998 by Bibles International
HOW TO BE A BILLIONAIRE
http://bosanchez.ph/how-to-be-a-billionaire/
One day, a man got lost walking in the desert.
The next day, he was still lost.
After two days under the scorching sun, he was very thirsty.
All of a sudden, he saw a little wooden shed.
He ran to it, thinking of only one thing—Water!
When he arrived there, he saw an old, rusty water pump sticking from the ground. He gripped the handle and began pumping like a mad man.
But nothing came out.
Disappointed, he stepped back how to make it work.
Looking around, he saw a jug covered with dust.
When he grabbed it, he saw a piece of paper stuck on it. The message read, “Open this jug and you’ll find water. Don’t drink it. Pour it instead on the pump. And you’ll have all the water you want.”
He popped the cork.
True enough, the jug was filled with water. Lovely, thirst-quenching, water.
Now imagine you’re that thirsty man.
For two whole days, you haven’t drunk water. Your mouth is so dry, your tongue is sticking to the roof of your mouth. You’re literally dying of thirst. And you’re now holding a jug full of water. But the message says that you should throw it away!
For a moment, your heart is torn.
What if the message was a joke? A cruel prank? What if you poured the water on that rusty pump and nothing happened?
But the man in our story chose to take the risk.
He closed his eyes, took a deep breath, and poured the water.
He held the handle and pumped like crazy.
A few seconds later, torrents of water gushed out. Indeed, he had more water than he could ever need!
He drank to his heart content. He also found water containers to bring with him in his journey and filled them up to the brim.
But before leaving the place, he filled the jug with water.
And underneath the sign attached to it, he scribbled, “I tried it. Believe me, it works.”
You Have A Choice:
Drink Now Or Drink Forever
This is a great picture of why people are poor.
The money that you hold now, no matter how small, is like that jug of water. And you always have a choice: You can drink now or you can drink forever. You can have money now or have money forever.
How? By investing.
A lot of people don’t invest.
They spend whatever they have.
I’ve met people who earn P10T a month or 50T a month or P500T a month—and they spend everything. (Yes, I’ve met a lot of high-income poor people!) That’s why their money pump remains dry. And they’ll remain poor forever. It really doesn’t matter how much people earn. What matters is how much they invest.
Investment is a crazy decision.
It’s as crazy as pouring that last jug of water into the pump.
Friend, you have money now.
It may be small but you have it.
And you’re standing in front of a money pump.
Actually, three money pumps:
· Business: Traditional, Franchise, Networking, etc.
· Property: Rental Property, Buy and Sell, etc.
· Paper: Bonds, Mutual Funds, Stock Market, etc.
But today, I’d like to focus on the “Paper” money pump.
Not everyone can start a business right away.
Not everyone can buy a property right away.
But almost everyone can invest in Paper Assets.
Friend, you have a choice.
Will you simply consume your little money?
Or will you pour it into the money pump—so that it produces more money for you?
I call this sowing in time of famine.
Don’t Wait For Better Times
Before You Invest
In the Bible, Isaac sowed in time of famine.
Crazy, right?
Shouldn’t you keep whatever seeds you have to eat?
But because he did that, the Bible says, that year he harvested a hundred times as much as he had sown, because the Lord blessed him. He continued to prosper and became a very rich man.
Wow.
If you want to be rich, you need to sow in time of famine too.
When you have very little money, that’s the time to invest.
Here’s a promise: The seeds that you sow in time of famine will give you your greatest harvest too.
Do you want to prosper?
Here’s a Bible passage that will tell you how.
Invest When Your Money Is Small
Proverbs 21:20 says, The wise man saves for the future but the foolish man spends whatever he gets.
Are you wise?
Let me tell you the story of Jack and Jill.
Jack and Jill went up the hill to get a pail of water.
Jack fell down and broke his crown and Jill came tumbling after. And the people who saw the horrific accident, they sang and clapped their hands, “Lalalalalala…” (Our nursery rhymes are very strange.)
If all this time, you’ve always been wondering what happened to Jack and Jill after their fall, now you’ll now.
Jack had brain surgery and he recovered.
But he had no health insurance—and his high medical expenses made Jack’s family very poor. This experience changed his life. The emotional pain created an inner resolve in him.
Jack told himself, “When I grow up, I’ll never be poor!”
At age 15, he started a small business.
Everyday, he sold peanut butter and jelly sandwiches to his classmates. Every month, he earned P2500, which he invested in the Stock Market. His uncle advised him to buy the stocks of strong, solid, great companies. For the next 5 years, he was faithful with his investments.
When he reached 20 years old, he volunteered in Anawim, a ministry for the poorest of the poor. He received only a small allowance and didn’t have any savings. From then on, he couldn’t add to his investments anymore.
Jill Saved At Age 27
Jill had a different life story.
The fall from the hill didn’t affect her too much.
No traumas. Except for a few scratches, she was okay.
She lived a happy-go-lucky life and didn’t save at all.
She worked as a mountain climbing instructor. So her fall from the hill affected her after all, at least subconsciously. She made it her lifelong goal to prevent people from falling.
But she lived like everyone else—spending her salary on “stuff”. Nothing was left at the end of the month.
But when she was 27 years old, Jack called up Jill and invited her again to “Go to a prayer gathering called the Feast.” There, she heard a handsome preacher say that it’s okay to be rich if your heart is in the right place.
That experience changed her life.
At 27 years old, she began to save P2500 a month. And like Jack, she also invested it in the Stock Market—the same strong, solid, great companies that Jack invested in.
She was so faithful to her investments, she didn’t stop until she reached 65 years old.
Happy Retirement
One day, when they were both 65 years old, Jack and Jill had lunch together after the Feast.
While waiting for their dessert, Jack said, “My service in Anawim is so happy and fulfilling. But I guess at my age, I think I’m ready to retire.”
Jill said, “Me too. At 65, it’s getting a bit difficult to climb mountains.”
That was when Jack touched her hand said, “Jill, remember that day we went up the hill to fetch a pail of water?”
“Yes,” Jill said. “You fell down and broke your crown and I came tumbling after. How can I forget?”
“Do you know why I fell?”
“Why?”
“Instead of looking at where I was going, I kept looking at you. I had a big crush on you.”
Jill blushed. “You did? Jack, I had a big crush on you too!”
For a few minutes, both of them couldn’t stop laughing.
Jack Pops The Question
That was when Jack looked at Jill and said, “I’m 65 years old. I don’t have much time left.” He knelt on the floor, held her hand, and asked, “Jill, will you marry me?”
Tears filled her eyes, and she said, “Yes!”
After a few hours of celebrating their old new love, they sat down to discuss their finances.
“How much money did you invest?” Jill asked.
Jack said, “That was a long time ago. For 5 years, from age 15 to 20, I invested a total of P150,000.”
“That small?” Jill looked at him with pity. She said, “For 38 years, from age 27 to 65, I invested a total of P1.17M.”
“Wow,” gushed Jack. “I’m marrying a rich woman.”
“I’ll take care of you,” she squeezed his hand. “But I wonder how much money we have?”
“Let’s take a look.”
Both of them called up their Stock Broker.
Both were totally shocked…
For Those Who Like To Look At Tables
Here’s what happened…
Jack Jill
15 30,000 0
16 30,000 0
17 30,000 0
18 30,000 0
19 30,000 0
20 30,000 0
21 0 0
22 0 0
23 0 0
24 0 0
25 0 0
26 0 0
27 0 30,000
28 0 30,000
29 0 30,000
30 0 30,000
31 0 30,000
32 0 30,000
33 0 30,000
34 0 30,000
35 0 30,000
36 0 30,000
38 0 30,000
39 0 30,000
40 0 30,000
41 0 30,000
42 0 30,000
43 0 30,000
44 0 30,000
45 0 30,000
46 0 30,000
47 0 30,000
48 0 30,000
49 0 30,000
50 0 30,000
51 0 30,000
52 0 30,000
53 0 30,000
54 0 30,000
56 0 30,000
57 0 30,000
58 0 30,000
59 0 30,000
60 0 30,000
61 0 30,000
62 0 30,000
63 0 30,000
64 0 30,000
65 0 30,000
Total Amount Investment:
Jill: P1.17Million
Jack: P150T
Total Retirement Money if it Grew at 20% A Year
Jill: P220M
Jack: P1 Billion
Jill Is A Multi-Millionaire;
Jack Is A Billionaire
If Jack grew his money at 20% a year by investing in great, solid companies through the Stock Market, he’s now a billionaire.
He did that by investing P150T some 45+ years ago.
Jill, because she invested late by 12 years, even if she invested a much bigger amount, P1.17M, has P220M “only”.
Are you 50 or below? You can retire with a few millions.
Are you 40 or below? You can retire with tens of millions.
Are you 30 or below? You can retire with hundreds of millions.
Are you 15 or below? You can retire with a billion.
How?
Sow in time of famine.
Don’t wait for better times before you invest.
Don’t wait when you have excess money.
Invest now while your money is small.
Because your greatest ally is time.
The Two Ways To Invest In The Stock Market
How do you invest in the Stock Market?
You can do so Directly and Indirectly
You can invest indirectly through a Mutual Fund Company.
There are many great ones around.
On average, you’ll earn 12% or more.
The key is to do this long term. That means for ten years or more, invest every month a small amount of money.
Or you can invest in the Stock Market directly.
If you put small amounts of money every month, buying stocks of great, solid companies (no penny stocks, please!), you can grow at 20% on average every year over the long-term. Again, only if you do this for ten years or more. Disregard the lows, the crisis, the recessions. Just keep investing when others are panicking. Sow in time of famine!
Some people will tell me 20% is an unrealistic number.
Not true. It’s really quite simple. In plain English, I teach people how to do it my TrulyRichClub. (More on this later.)
But the key is discipline.
You have to be consistent in investing every month your small amount of money.
How small?
My house helpers invest in the Stock Market already.
That’s how small.
A True Story
My three house helpers now partly own Ayala Land and Manila Water Co. Because they invest in the Stock Market.
How did they do it?
They changed their mindset.
They now have a goal: To retire with P5 Million in 20 years.
And I taught them a very simple system.
Each week, I meet my driver and my three helpers for prayer, sharing, and bible study. In these meetings, I coach them spiritually and financially.
For years, I noticed that nothing is left in their salaries. All their money goes to their families back home.
So I taught them a very simple system that changed their lives. If they can do it, you can do it too.
I discussed this system fully in my Ebook, My Maids Invest In The Stock Market… And Why You Should Too!
If you’re a TrulyRichClub member, you already received this.
Every month, I also send to my TrulyRichClub members a Stocks Update. Through it, I tell them what Stocks to buy, when to buy them, and when to sell them. To join, simply log on at www.TrulyRichClub.com now.
Warning: There are many scams out there that lure ignorant people from their hard-earned money and run away. Please be careful. If you have any questions, I’ve provided email addresses below for you to email.
Are you ready to change your financial life?
Let me end by giving you step-by-step instructions on what to do next…
Instructions:
Step 1: Invest 30% of your Income, Live on 70%
Why 30%?
First, invest 10% in the Kingdom of God. This is your investment for eternity. Tithing is your greatest investment. You tithe to the spiritual family that nourishes your soul.
Second, invest 20% into your Retirement Fund. For most, it’ll be in Mutual Funds or the Stock Market. For a few others, it’ll be in business and properties.
And then live on 70% of your income. Simplify!
Step 2: Invest First Before Spending
That’s why the Bible says to give Him the “first fruits”.
When your receive your salary, set aside your 30% right away. Don’t spend first and then invest what’s left. From experience, nothing will be left.
Step 3: Choose Between Mutual Funds or Stock Market
If you have fifty million or more, and if you’re sixty plus years old, I’ll point you to Bonds and even Banks to keep your money.
But for the rest of us, choose between Mutual Funds or the Stock Market to invest your long-term savings. By long-term, I mean 10 years or more. Each month, you add. But you don’t subtract. Call it your Retirement Fund to brainwash your mind that you won’t touch it.
What’s the difference between Mutual Funds and the Stock Market? In Mutual Funds, you pay a company to manage your funds. Like Philequity or Prudential Optima or ATR Kim Eng and Sunlife Financials or Philam Asset Management… For a small management fee, they take care of your investments. Many insurance companies also combine insurance products with investments, and you can look at those too.
But if you invest in the Stock Market directly, you manage it yourself. Obviously, you earn more if you learn to invest well.
And yes, you can also do both.
To avoid confusion (and to avoid scams), I’ve written down some resources for you to call or email below.
Mutual Fund Resources
If you like to invest in Mutual Funds, you can email my friends Lyndon Malanog and Fely Santiago. They’ll be happy to assist you. You can email Fely at fely.santiago@gmail.com or Lyndon at lyndonmalanog@yahoo.com now. They can also help you grow in your financial journey by giving you more opportunities to learn.
Stock Market Resources
If you’re interested in investing in the Stock Market directly, you can log on at www.citiseconline.com and attend their seminars. Or call them up at Tel. 6333777. For more information, you can also email helpdesk@citiseconline.com.
If you want my personal guidance on investing in Stocks, join my private group called TrulyRichClub. Each month, I email you a Stocks Update, giving you in plain English (no financial jargon) how to grow your Stocks investments. I tell you what Stocks to buy, when to buy them, and when to sell. Our long-term goal is 20% growth or more every year. To join, log on at www.TrulyRichClub.com now.
Do It Now
Last week, a 5-year old little girl came up to me and showed me her prayer card. She wrote, “I want to earn P1 Billion.”
If you showed that card to another Preacher, he would have patted the child on the head and say, “Be realistic. Aim for a lower number.”
Worse, another preacher would have said, “Little child, don’t dream of becoming rich. Stay poor and God will be pleased.”
You know what I told her? I told her, “Your dream will come true.”
I don’t only say that with faith.
Because today, I taught you how to express that faith through works.
Sometimes, people blame God for being poor.
Sometimes, they say that to be poor is their fate.
Some people even think God wants them to be poor to learn humility and total dependence on Him.
That’s all rubbish.
Because God has placed abundance in your finger tips.
God has given all that you need to prosper.
If you’re young, you can become a billionaire.
If you’re not so young, you can still become a multi-millionaire.
Today is the day that your life can change.
Make a decision that enough is enough.
I repeat: Don’t wait for better times before you invest.
The best time to invest is when your money is small.
That 5-year old girl has to invest now.
Grow your money.
Start investing.
May your dreams come true,
Source:
Bo Sanchez
PS. Avoid Confusion. Get guidance. Join my TrulyRichClub. Every month, receive my WealthStrategies Newsletter, my PowerTalks, my Stocks Update every month. Immediately, you’ll also receive my Ebook, My Maid Invests In The Stock Market… And Why You Should Too! To join, log on at www.TrulyRichClub.com now!
Article:
http://bosanchez.ph/how-to-be-a-billionaire/
One day, a man got lost walking in the desert.
The next day, he was still lost.
After two days under the scorching sun, he was very thirsty.
All of a sudden, he saw a little wooden shed.
He ran to it, thinking of only one thing—Water!
When he arrived there, he saw an old, rusty water pump sticking from the ground. He gripped the handle and began pumping like a mad man.
But nothing came out.
Disappointed, he stepped back how to make it work.
Looking around, he saw a jug covered with dust.
When he grabbed it, he saw a piece of paper stuck on it. The message read, “Open this jug and you’ll find water. Don’t drink it. Pour it instead on the pump. And you’ll have all the water you want.”
He popped the cork.
True enough, the jug was filled with water. Lovely, thirst-quenching, water.
Now imagine you’re that thirsty man.
For two whole days, you haven’t drunk water. Your mouth is so dry, your tongue is sticking to the roof of your mouth. You’re literally dying of thirst. And you’re now holding a jug full of water. But the message says that you should throw it away!
For a moment, your heart is torn.
What if the message was a joke? A cruel prank? What if you poured the water on that rusty pump and nothing happened?
But the man in our story chose to take the risk.
He closed his eyes, took a deep breath, and poured the water.
He held the handle and pumped like crazy.
A few seconds later, torrents of water gushed out. Indeed, he had more water than he could ever need!
He drank to his heart content. He also found water containers to bring with him in his journey and filled them up to the brim.
But before leaving the place, he filled the jug with water.
And underneath the sign attached to it, he scribbled, “I tried it. Believe me, it works.”
You Have A Choice:
Drink Now Or Drink Forever
This is a great picture of why people are poor.
The money that you hold now, no matter how small, is like that jug of water. And you always have a choice: You can drink now or you can drink forever. You can have money now or have money forever.
How? By investing.
A lot of people don’t invest.
They spend whatever they have.
I’ve met people who earn P10T a month or 50T a month or P500T a month—and they spend everything. (Yes, I’ve met a lot of high-income poor people!) That’s why their money pump remains dry. And they’ll remain poor forever. It really doesn’t matter how much people earn. What matters is how much they invest.
Investment is a crazy decision.
It’s as crazy as pouring that last jug of water into the pump.
Friend, you have money now.
It may be small but you have it.
And you’re standing in front of a money pump.
Actually, three money pumps:
· Business: Traditional, Franchise, Networking, etc.
· Property: Rental Property, Buy and Sell, etc.
· Paper: Bonds, Mutual Funds, Stock Market, etc.
But today, I’d like to focus on the “Paper” money pump.
Not everyone can start a business right away.
Not everyone can buy a property right away.
But almost everyone can invest in Paper Assets.
Friend, you have a choice.
Will you simply consume your little money?
Or will you pour it into the money pump—so that it produces more money for you?
I call this sowing in time of famine.
Don’t Wait For Better Times
Before You Invest
In the Bible, Isaac sowed in time of famine.
Crazy, right?
Shouldn’t you keep whatever seeds you have to eat?
But because he did that, the Bible says, that year he harvested a hundred times as much as he had sown, because the Lord blessed him. He continued to prosper and became a very rich man.
Wow.
If you want to be rich, you need to sow in time of famine too.
When you have very little money, that’s the time to invest.
Here’s a promise: The seeds that you sow in time of famine will give you your greatest harvest too.
Do you want to prosper?
Here’s a Bible passage that will tell you how.
Invest When Your Money Is Small
Proverbs 21:20 says, The wise man saves for the future but the foolish man spends whatever he gets.
Are you wise?
Let me tell you the story of Jack and Jill.
Jack and Jill went up the hill to get a pail of water.
Jack fell down and broke his crown and Jill came tumbling after. And the people who saw the horrific accident, they sang and clapped their hands, “Lalalalalala…” (Our nursery rhymes are very strange.)
If all this time, you’ve always been wondering what happened to Jack and Jill after their fall, now you’ll now.
Jack had brain surgery and he recovered.
But he had no health insurance—and his high medical expenses made Jack’s family very poor. This experience changed his life. The emotional pain created an inner resolve in him.
Jack told himself, “When I grow up, I’ll never be poor!”
At age 15, he started a small business.
Everyday, he sold peanut butter and jelly sandwiches to his classmates. Every month, he earned P2500, which he invested in the Stock Market. His uncle advised him to buy the stocks of strong, solid, great companies. For the next 5 years, he was faithful with his investments.
When he reached 20 years old, he volunteered in Anawim, a ministry for the poorest of the poor. He received only a small allowance and didn’t have any savings. From then on, he couldn’t add to his investments anymore.
Jill Saved At Age 27
Jill had a different life story.
The fall from the hill didn’t affect her too much.
No traumas. Except for a few scratches, she was okay.
She lived a happy-go-lucky life and didn’t save at all.
She worked as a mountain climbing instructor. So her fall from the hill affected her after all, at least subconsciously. She made it her lifelong goal to prevent people from falling.
But she lived like everyone else—spending her salary on “stuff”. Nothing was left at the end of the month.
But when she was 27 years old, Jack called up Jill and invited her again to “Go to a prayer gathering called the Feast.” There, she heard a handsome preacher say that it’s okay to be rich if your heart is in the right place.
That experience changed her life.
At 27 years old, she began to save P2500 a month. And like Jack, she also invested it in the Stock Market—the same strong, solid, great companies that Jack invested in.
She was so faithful to her investments, she didn’t stop until she reached 65 years old.
Happy Retirement
One day, when they were both 65 years old, Jack and Jill had lunch together after the Feast.
While waiting for their dessert, Jack said, “My service in Anawim is so happy and fulfilling. But I guess at my age, I think I’m ready to retire.”
Jill said, “Me too. At 65, it’s getting a bit difficult to climb mountains.”
That was when Jack touched her hand said, “Jill, remember that day we went up the hill to fetch a pail of water?”
“Yes,” Jill said. “You fell down and broke your crown and I came tumbling after. How can I forget?”
“Do you know why I fell?”
“Why?”
“Instead of looking at where I was going, I kept looking at you. I had a big crush on you.”
Jill blushed. “You did? Jack, I had a big crush on you too!”
For a few minutes, both of them couldn’t stop laughing.
Jack Pops The Question
That was when Jack looked at Jill and said, “I’m 65 years old. I don’t have much time left.” He knelt on the floor, held her hand, and asked, “Jill, will you marry me?”
Tears filled her eyes, and she said, “Yes!”
After a few hours of celebrating their old new love, they sat down to discuss their finances.
“How much money did you invest?” Jill asked.
Jack said, “That was a long time ago. For 5 years, from age 15 to 20, I invested a total of P150,000.”
“That small?” Jill looked at him with pity. She said, “For 38 years, from age 27 to 65, I invested a total of P1.17M.”
“Wow,” gushed Jack. “I’m marrying a rich woman.”
“I’ll take care of you,” she squeezed his hand. “But I wonder how much money we have?”
“Let’s take a look.”
Both of them called up their Stock Broker.
Both were totally shocked…
For Those Who Like To Look At Tables
Here’s what happened…
Jack Jill
15 30,000 0
16 30,000 0
17 30,000 0
18 30,000 0
19 30,000 0
20 30,000 0
21 0 0
22 0 0
23 0 0
24 0 0
25 0 0
26 0 0
27 0 30,000
28 0 30,000
29 0 30,000
30 0 30,000
31 0 30,000
32 0 30,000
33 0 30,000
34 0 30,000
35 0 30,000
36 0 30,000
38 0 30,000
39 0 30,000
40 0 30,000
41 0 30,000
42 0 30,000
43 0 30,000
44 0 30,000
45 0 30,000
46 0 30,000
47 0 30,000
48 0 30,000
49 0 30,000
50 0 30,000
51 0 30,000
52 0 30,000
53 0 30,000
54 0 30,000
56 0 30,000
57 0 30,000
58 0 30,000
59 0 30,000
60 0 30,000
61 0 30,000
62 0 30,000
63 0 30,000
64 0 30,000
65 0 30,000
Total Amount Investment:
Jill: P1.17Million
Jack: P150T
Total Retirement Money if it Grew at 20% A Year
Jill: P220M
Jack: P1 Billion
Jill Is A Multi-Millionaire;
Jack Is A Billionaire
If Jack grew his money at 20% a year by investing in great, solid companies through the Stock Market, he’s now a billionaire.
He did that by investing P150T some 45+ years ago.
Jill, because she invested late by 12 years, even if she invested a much bigger amount, P1.17M, has P220M “only”.
Are you 50 or below? You can retire with a few millions.
Are you 40 or below? You can retire with tens of millions.
Are you 30 or below? You can retire with hundreds of millions.
Are you 15 or below? You can retire with a billion.
How?
Sow in time of famine.
Don’t wait for better times before you invest.
Don’t wait when you have excess money.
Invest now while your money is small.
Because your greatest ally is time.
The Two Ways To Invest In The Stock Market
How do you invest in the Stock Market?
You can do so Directly and Indirectly
You can invest indirectly through a Mutual Fund Company.
There are many great ones around.
On average, you’ll earn 12% or more.
The key is to do this long term. That means for ten years or more, invest every month a small amount of money.
Or you can invest in the Stock Market directly.
If you put small amounts of money every month, buying stocks of great, solid companies (no penny stocks, please!), you can grow at 20% on average every year over the long-term. Again, only if you do this for ten years or more. Disregard the lows, the crisis, the recessions. Just keep investing when others are panicking. Sow in time of famine!
Some people will tell me 20% is an unrealistic number.
Not true. It’s really quite simple. In plain English, I teach people how to do it my TrulyRichClub. (More on this later.)
But the key is discipline.
You have to be consistent in investing every month your small amount of money.
How small?
My house helpers invest in the Stock Market already.
That’s how small.
A True Story
My three house helpers now partly own Ayala Land and Manila Water Co. Because they invest in the Stock Market.
How did they do it?
They changed their mindset.
They now have a goal: To retire with P5 Million in 20 years.
And I taught them a very simple system.
Each week, I meet my driver and my three helpers for prayer, sharing, and bible study. In these meetings, I coach them spiritually and financially.
For years, I noticed that nothing is left in their salaries. All their money goes to their families back home.
So I taught them a very simple system that changed their lives. If they can do it, you can do it too.
I discussed this system fully in my Ebook, My Maids Invest In The Stock Market… And Why You Should Too!
If you’re a TrulyRichClub member, you already received this.
Every month, I also send to my TrulyRichClub members a Stocks Update. Through it, I tell them what Stocks to buy, when to buy them, and when to sell them. To join, simply log on at www.TrulyRichClub.com now.
Warning: There are many scams out there that lure ignorant people from their hard-earned money and run away. Please be careful. If you have any questions, I’ve provided email addresses below for you to email.
Are you ready to change your financial life?
Let me end by giving you step-by-step instructions on what to do next…
Instructions:
Step 1: Invest 30% of your Income, Live on 70%
Why 30%?
First, invest 10% in the Kingdom of God. This is your investment for eternity. Tithing is your greatest investment. You tithe to the spiritual family that nourishes your soul.
Second, invest 20% into your Retirement Fund. For most, it’ll be in Mutual Funds or the Stock Market. For a few others, it’ll be in business and properties.
And then live on 70% of your income. Simplify!
Step 2: Invest First Before Spending
That’s why the Bible says to give Him the “first fruits”.
When your receive your salary, set aside your 30% right away. Don’t spend first and then invest what’s left. From experience, nothing will be left.
Step 3: Choose Between Mutual Funds or Stock Market
If you have fifty million or more, and if you’re sixty plus years old, I’ll point you to Bonds and even Banks to keep your money.
But for the rest of us, choose between Mutual Funds or the Stock Market to invest your long-term savings. By long-term, I mean 10 years or more. Each month, you add. But you don’t subtract. Call it your Retirement Fund to brainwash your mind that you won’t touch it.
What’s the difference between Mutual Funds and the Stock Market? In Mutual Funds, you pay a company to manage your funds. Like Philequity or Prudential Optima or ATR Kim Eng and Sunlife Financials or Philam Asset Management… For a small management fee, they take care of your investments. Many insurance companies also combine insurance products with investments, and you can look at those too.
But if you invest in the Stock Market directly, you manage it yourself. Obviously, you earn more if you learn to invest well.
And yes, you can also do both.
To avoid confusion (and to avoid scams), I’ve written down some resources for you to call or email below.
Mutual Fund Resources
If you like to invest in Mutual Funds, you can email my friends Lyndon Malanog and Fely Santiago. They’ll be happy to assist you. You can email Fely at fely.santiago@gmail.com or Lyndon at lyndonmalanog@yahoo.com now. They can also help you grow in your financial journey by giving you more opportunities to learn.
Stock Market Resources
If you’re interested in investing in the Stock Market directly, you can log on at www.citiseconline.com and attend their seminars. Or call them up at Tel. 6333777. For more information, you can also email helpdesk@citiseconline.com.
If you want my personal guidance on investing in Stocks, join my private group called TrulyRichClub. Each month, I email you a Stocks Update, giving you in plain English (no financial jargon) how to grow your Stocks investments. I tell you what Stocks to buy, when to buy them, and when to sell. Our long-term goal is 20% growth or more every year. To join, log on at www.TrulyRichClub.com now.
Do It Now
Last week, a 5-year old little girl came up to me and showed me her prayer card. She wrote, “I want to earn P1 Billion.”
If you showed that card to another Preacher, he would have patted the child on the head and say, “Be realistic. Aim for a lower number.”
Worse, another preacher would have said, “Little child, don’t dream of becoming rich. Stay poor and God will be pleased.”
You know what I told her? I told her, “Your dream will come true.”
I don’t only say that with faith.
Because today, I taught you how to express that faith through works.
Sometimes, people blame God for being poor.
Sometimes, they say that to be poor is their fate.
Some people even think God wants them to be poor to learn humility and total dependence on Him.
That’s all rubbish.
Because God has placed abundance in your finger tips.
God has given all that you need to prosper.
If you’re young, you can become a billionaire.
If you’re not so young, you can still become a multi-millionaire.
Today is the day that your life can change.
Make a decision that enough is enough.
I repeat: Don’t wait for better times before you invest.
The best time to invest is when your money is small.
That 5-year old girl has to invest now.
Grow your money.
Start investing.
May your dreams come true,
Source:
Bo Sanchez
PS. Avoid Confusion. Get guidance. Join my TrulyRichClub. Every month, receive my WealthStrategies Newsletter, my PowerTalks, my Stocks Update every month. Immediately, you’ll also receive my Ebook, My Maid Invests In The Stock Market… And Why You Should Too! To join, log on at www.TrulyRichClub.com now!
Article:
http://bosanchez.ph/how-to-be-a-billionaire/
Jun 14, 2010
China’s gains in retail sales, consumer prices, etc. challenge its yuan stance
http://businessmirror.com.ph/index.php?option=com_content&view=article&id=26394:chinas-gains-in-retail-sales-consumer-prices-etc-challenge-its-yuan-stance&catid=51:world&Itemid=67
Holy Gospel of Jesus Christ according to Saint Matthew 5:38-42.
Mata sa Mata
38Narinig ninyong sinabi: Mata sa mata at ngipin sa ngipin. 39Ngunit sinasabi ko sa inyo: Huwag ninyong kalabanin ang masamang tao. Ngunit ang sinumang sumampal sa iyo sa kanang pisngi, iharap mo rin sa kaniya ang kabila. 40Kung may ibig magsakdal sa iyo at kunin ang iyong damit, payagan mo na rin siyang kunin ang iyong balabal. 41Sinumang pumilit sa iyo na lumakad ng higit sa isang kilometro, lumakad ka ng higit pa sa dalawang kilometro na kasama niya. 42Bigyan mo ang humihingi sa iyo at huwag mong talikdan ang ibig humiram sa iyo.Holy Gospel of Jesus Christ according to Saint Matthew 5:38-42.
You have heard that it was said, 'An eye for an eye and a tooth for a tooth.' But I say to you, offer no resistance to one who is evil. When someone strikes you on (your) right cheek, turn the other one to him as well. If anyone wants to go to law with you over your tunic, hand him your cloak as well. Should anyone press you into service for one mile, go with him for two miles. Give to the one who asks of you, and do not turn your back on one who wants to borrow.
Ang Salita ng Diyos (SND)
Jun 7, 2010
4th Manila Food and Beverage Expo (MAFBEX) 2010
What: 4th Manila Food and Beverage Expo (MAFBEX) 2010
When: June 16-20, 2010
Where: World Trade Center, 2/F WTCMM Building, Gil Puyat Ave. Ext. Pasay City Manila Food & Beverage Expo (MAFBEX) is the first quality and food and beverages show of Worldbex Services International exclusively dedicated to the suppliers, distributors, manufacturers, retailers and small scale player of food and beverage products to meet the needs of the rising demands of the food service and hospitality industry
Visitor’s Profile: Importers, Restaurant Owners, Hotels, Bakeshop, Caterers, Purchasers are the target visitors.
Exhibitors Profile: Exhibitors include Traders, Manufacturers, Retailers, Importers, Exporters, Consultants of Sources of Food, Ingredients, Equipments, Utensils, Glasswares, Baking Needs.
Schedule of Free Seminars (First Come, First Serve Basis Only)
June 16, Wednesday
Tel: (02) 531-6350 & 74; 534-3615
Email: info@worldbex.com
Web: www.worldbex.com
http://4th Manila Food and Beverage Expo (MAFBEX) 2010 http://4th Manila Food and Beverage Expo (MAFBEX) 2010
When: June 16-20, 2010
Where: World Trade Center, 2/F WTCMM Building, Gil Puyat Ave. Ext. Pasay City Manila Food & Beverage Expo (MAFBEX) is the first quality and food and beverages show of Worldbex Services International exclusively dedicated to the suppliers, distributors, manufacturers, retailers and small scale player of food and beverage products to meet the needs of the rising demands of the food service and hospitality industry
Visitor’s Profile: Importers, Restaurant Owners, Hotels, Bakeshop, Caterers, Purchasers are the target visitors.
Exhibitors Profile: Exhibitors include Traders, Manufacturers, Retailers, Importers, Exporters, Consultants of Sources of Food, Ingredients, Equipments, Utensils, Glasswares, Baking Needs.
Schedule of Free Seminars (First Come, First Serve Basis Only)
June 16, Wednesday
- 1:00 – 2:00 pm Food Styling
- 2:30 – 3:30 pm Corporate Image Enhancement
- 4:00 – 5:00 pm Rubs and Marinade : When to use them
- 1:00 – 2:00 pm Pouring
- 2:30 – 3:30 pm Beverage Controlling your Foods and Costs
- 4:00 – 5:00 pm Catering
- 1:30 – 2:30 pm Punches
- 3:00 – 4:00 pm Marketing 101 : Creating Product Differentiation
- 4:30 – 5:30 pm All About Franchising and Trademark your Business
- 1:00 – 2:00 pm Cooking for the VIPs
- 2:30 – 3:30 pm Garnishing Bar 101
- 4:00 – 5:00 pm Recent Advances in Food Preservation
Tel: (02) 531-6350 & 74; 534-3615
Email: info@worldbex.com
Web: www.worldbex.com
http://4th Manila Food and Beverage Expo (MAFBEX) 2010 http://4th Manila Food and Beverage Expo (MAFBEX) 2010
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