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Philippines Now Investment Grade, Given by Fitch Rating
All who are in Financial sector as well as investor is now rejoicing after Fitch Rating upgraded Philippines to Investment Grade. The immediate effect is that blue chips stocks rose before the closing time of today’s stock market. 27 March 2013: Fitch Ratings upgraded the Philippines’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BB+’. The Long-Term Local-Currency IDR has been…
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Red Market Last Week, Is Your Investment Affected?
It’s Sunday, and no trading day, a day that was agreed by many in the Philippines as the day of worship and is the time to contemplate with our Lord. Remember that we are just a steward of his blessing and whatever the Philippines is experiencing about its great economy is God’s plan for Filipinos. Last week Philippine stock market…
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How to Stay Updated With Your Portfolio News & Events?
We all know that one of the indicators of the stock market price is the NEWS that is being discussed on a particular day. A good news might make the stock market price higher while the bad NEWS might make the stock price lower. An investors increases his investment as long as he found out that the company is in…
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How to Add Funds to Your Stock Broker?
First of all, stock broker is the agency who buys stock for us, investor. I have an account with COL Financial and therefore the instruction mentioned herein is based on my experience with COL Financial. I have told you before that I am an OFW, in Saudi Arabia whenever we send money to Philippines in a single account we have…
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COL Financial’s Claim Procedure in Case of Stock Holder’s Death
Yesterday I sent clarification to COL Financial regarding the procedure on how will the heir can get stock proceeds in case of Stock Holder’s Death and here is their reply: In the unfortunate event of an account holder’s demise, the following are the documents to be submitted by the surviving spouse/heir: Death Certificate Either one of the following: If with…
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What is Estate Tax? | The Importance of Insurance
In my continued learning about Personal Finance, I came to know that there is Estate Tax in the Philippines. Estate Tax is the tax being charged to any heir of a deceased person. Did you know that all property under your name as shown below is subjected to Estate Tax in case of your death? a) Real or immovable property, wherever…