Tuesday, February 24, 2009

PINAKA SMART WAYS TO MANAGE YOUR MONEY

Why do we need to save and invest? How do we tell if an investment is wise? What are the factors that we should consider before actually investing our hard-earned money? From the guest Ang Pinaka panelistas :UP School of Economics professor Benjamin Diokno, entrepreneur and financial adviser Francisco Colayco, Makati Business Club Executive Director Alberto Lim, Inquirer.net Business editor Salve Duplito and Bangko Sentral ng Pilipinas-Central Supervisory Support Sub-sector Managing Director Dr. Johnny Noe Ravalo. Here are the top ten Pinaka Smart Ways to Manage Your Money

1. Debt reduction (pay your debts)
2. Invest in mutual funds
3. Maintain bank deposits (savings, time deposits)
4. Invest in bonds
5. Invest in stock market
6. Invest in real estate
7. Be an entrepreneur
8. Buy foreign currency
9. Invest in pre-need plans
10.Invest in jewelry, antiques and arts

Source : Ang Pinaka TV Show on QTV-11

1 comment:

  1. I think almost everything on the list is a win-loss situation except with bank deposits coz definitely, you will loose money. The interest rate nowadays is too low that it is even lower than the inflation rate per year.

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