advance financial analysis

i am a firm believer of 'life is a never-ending learning process.' ever since i can remember, i have always tried to learn, it frustrates me not nothing. but Einstein once said that 'when i don't know something, at least i know where to find it.'
may i invite you to register for the Development Center for Finance's seminar on advance analysis for finance. experts will talk about what specific areas you need to look at when looking at company financial statements. the industry focuses are MINING, financial institution with a discussion on SUBPRIME, and holding.
i hope to see you all there.
http://www.upd.edu.ph/~cba/admin_DCF.htm

Socially Irresponsible Investment Banker

This really killed it :))

can foreigners invest in the Philippine Stock Market?

of course! there are industries in the Philippines such as mining which allows for a certain percentage of their common stocks to be owned by foreigners. as long as the companies adhere to the maximum, which is usually 40%, then they are ok.
in www.pse.com.ph when each of the listed companies are analyzed (in the corporate information tab in the site), the maximum foreign ownership in percentage is listed. so if you are a foreigner who wants to diversify his or her portfolio and wants to include emerging markets such as the Philippines, then by all means you can. the only requirement is know where you are betting your money into.

the Louis Vuitton Tribute Patchwork bag

Wow! I can't believe this thing, er, bag is worth $52,000.

In the Philippines, that is like carrying 3 houses and some cash to spare for a good second hand car. I guess to each his/her own.

If I have that so many moolah, I'd rather invest one-half in the market (maybe a mix of equity and debt) and spend one-fourth on myself (maybe more studies and seminars), and the rest to give something back to society (ehem) :)

Or is this another of those alternative investment vehicles which include collectible toys? Your thoughts?

What I Will Buy Next Week

Y'all!

I plan to buy a board lot of MIC anytime next week. It traded high at P5.20, but closed at P4.80. Some say it will go up as high as P10.00 in a few months. And you, what do you think? I think the chart below says something about that prediction.
Only a lot because, well, as a teacher at one of the premiere state universities in the country, I don't get paid much :P. A lot is all I can afford for now. Let's hope that I'll get some pay-offs for my other rackets in the near future.

For those who don't know, I provide academic services to local and foreign students. I provide research services. For example, a PhD student needs to do a thesis on the quality of life of the elderly, but has no time to do the actual survey. Then, I do the leg work for a fee. I also help with the analysis, for a fee again of course. :)

Ja mata ne.

Portfolio Update August 24, 2007

For those who have been monitoring my portfolio progress (or it is just me? :p), below is my portfolio details for the trading week ended August 24, 2007.

The return is just 2.15%, but remember I started trading July 5, 2007. It is not so bad considering that we can only get 1% from the bank for a year!

Google AdSense

Yay! I am so happy today. Thank you to all of you who had visited my site. Please continue to do so and let me know any areas of improvements. :)

I just checked my AdSense account, as some of you might have noticed I now have ads since a week or so ago. Guess what? I already have earnings. It's not much, but it just makes the heart happier. What does this mean to me? First, people are reading my blog (thank you), and that traffic is slowly building up. Wow! This is so humbling y'all :p

Below is the screen capture of my AdSense account.

an OFW-bashing woman

She had apologized, and for me that's enough.

++++++++++++++++++++++++++++++++++++++++++

Statement from Malu Fernandez on the OFW Controversy

I am humbled by the vehement and heated response provoked by my article entitled 'From Boracay to Greece!' which came out in the June 2007 issue of People Asia. To say that this article was not meant to malign, hurt or express prejudice against the OFWs now sounds hollow after reading through all the blogs from Filipinos all over the world. I am deeply apologetic for my insensitivity and the offensive manner in which this article was written, I hear you all and I am properly rebuked. It was truly not my intention to malign hurt or express prejudice against OFWs.

As the recent recipient and target of death threats, hate blogs, and deeply personal insults, I now truly understand the insidiousness of discrimination and prejudice disguised as humor. Our society is bound together by human chains of kindness and decency. I have failed to observe this and I am now reaping the consequences of my actions. It is my fervent hope that the lessons that Ive learned are not lost on all those who through anonymous blogs, engaged in bigotry, discrimination, and hatred ( against overweight individuals , for example )

I take full responsibility for my actions and my friends and family have nothing to do with this. To date I have submitted my resignation letters to both the Manila Standard and People Asia, on that note may this matter be laid to rest.

http://www.geocities.com/fernandez_malu/

Seminar on Advanced Financial Statement Analysis and Financial Reporting Issues

If you are into financial and stock market investing, you might want to attend this seminar to get a better insight on several industries and sectors such as financial institutions including banks and insurance companies, mining and holding companies ALL of which are HOT picks.

Please click on the link for the Center's Web site
http://www.upd.edu.ph/~cba/admin_DCF.htm

12th CORPORATE FINANCE SEMINAR SERIES

Hi guys!

This is the invitation for the Development Center for Finance's Capital Budgeting, Cost of Capital and Capital Structure Seminar on September 1, 8 and 15.

an OFW-bashing woman

this is not finance, strictly speaking. but then if we talk about the billions of dollar$ that the OFWs this social climber lambasted unashamedly, then we can say this is finance related.

as 'you can never can tell' says - the nerd!

this woman took it too far. a social climber shouldn't air her dirty laundry to the public. i think that no matter what she becomes and if, her god forbids, she manages to become the socialite she pretends to be, she would always be known as the patay gutom socialite who rides economy (gosh! she doesn't even have enough miles in her card for an upgrade); the socialite who shudders at rubbing elbows with maids, OFWs and other people she considers beneath her. with all the hate she spouted, perhaps she was once a maid.

there is nothing wrong with being one. maids like other skilled people are important. as a matter of fact, my house needs one. so if ever you know someone who needs work and willing to clean house, wash clothes and cook food, then i am an email away. we need a help badly :P

i do have a brilliant idea, how about if we collectively ask for this woman's head, ehem, i mean untimely removal from the gainly employed. she is welcome to apply as our maid. then i will be able to say, that once in my life, i had a socialite for a muchacha (literally).

kudos to all OFWs. you are greatly admired for the sacrifices that you do for your family. a long and happy life.

This is a portion of what this woman wrote

As all of you know I have just returned from a wonderful holiday in the Mediterranean. To cut on some costs for this impromptu vacation I was forced to fly economy class which I absolutely do not wish on my worst enemy. I was, however, encouraged by my travel agent to try out Emirates since it won the best economy class, so with great trepidation I flew on Emirates via Dubai, completely forgetting that Dubai is the hub for all the Filipino migrant workers. Call me whatever you like but when you are trapped in economy class that is filled to the brim with migrant workers the smell gets a little funky after nine hours of flying.

below is a snapshot of the woman's article. no need to read the rest of the article, just the 1st two paragraphs.



from another blog (forgot the name though)

You can never can tell Part 2 of 2

Here's the last part guys! Hahaha I am hoping that it isn't :P. I can't wait what the wife will tell us when they have their first baby. :)

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

> > I thought Jay's ex-girlfriend was really out of
> our lives. But heaven
> > only goes that I was wrong. Kakakasal pa lang
> namin nun when Jay
> > received a uninamous text. "Meet me at the
> clinic." I had a stinking
> > feeling in my butt. I told him not to go. It might
> in danger him. Pero
>
>
> > sabi niya, ok lang daw because life is what we
> make. Tumahimik lang
> > ako. Sabi niya, "Penny for you talks." But I
> didn't know what to say.
> > Beggars can't be losers. Isa pa, worried talaga
> ako na baka yung girl
> > yun. Jay said, "Can't got your tongue?" I tried to
> smile at him. Kahit
>
>
> > di ako nagsalita, actions speak louder than works,
> di ba?
> >
> > Be that as is may, umalis pa rin siya. I was out
> of the loophole.
> > After a few hours, I called him on his cellphone.
> But my calls fell on
>
>
> > Jeff's ears. Lalo akong nag-worry kasi I didn't
> even know Jeff. Sabi
> > na nga ba di na dapat umalis si Jay. That's what
> I'm talking about it.
>
> >
> > So I tried calling some friends who will help me
> find Jay. That's what
>
>
> > are friends are for naman di ba? But I just faced
> a blank mall. I had
> > to do this alone. Nag-taxi na lang ako. Pero ang
> mahal na pala ng plug
>
>
> > down rate.
> >
> > When I got to the clinic, the security was really
> buffed up. Di
> > basta-basta makakapasok. So I said, "I beg your
> cordon. I'm patient.
> > It's my favorite virtue nga e." Nagduda yata yung
> isang guard.
> > Hinawakan ako sa arm. The nerd! I shouted, "Don't
> touch me not!" Buti
> > na lang the other guards were nice and said, "Come
> on, let's join us."
>
> >
> > When I went inside, parang I've been there, done
> there. Nung walang
> > nakatingin, nag-explore ako. Nakarating ako sa top
> floor and I had a
> > bird's IQ of the clinic. I could not explain it
> but I was drawn to a
> > room on the floor. Siguro Divine Intermission na
> yun.
> >
> > Parang may narinig akong umuungol. I was thorn. Di
> ko alam kung aalis
> > ba ako o papasukin ko. It made me stick in the
> stomach to think that
> > Jay and his ex-girlfriend were there. I tried to
> tell myself to slower
>
>
> > my expectations. But to tell with it! I had to
> strike while the iron
> > is not. I had to hear the truth from the corpse's
> mouth. I barraged
> > in. O my gas! Si Jay, naka-strap sa operating
> table, parang genie pig
> > sa isang nakakatakot na experiment. He was on the
> cutting edge. He was
>
>
> > bleeding. At ang doctor na nagpapahirap sa kanya,
> ang ex-girlfriend
> > niya at ang bago nitong boyfriend, ang nurse na si
> Walter. Doon ko
> > napatunayang blood is thicker than Walter.
> >
> > Guess watch? Di ko alam kung paano ko nagawa pero
> I was able to search
>
>
> > and rescue Jay. Siguro adrenaline brush na yun.
> >
> > Now, he's recovering. Nag-sorry siya na hindi siya
> nakinig sa akin. I
> > know it's a better pill to swallow your friend so
> it's forgive and
> > forget me not. All swell that end swell. I know we
> should kiss and put
>
>
> > on makeup.
> >
> > Ang ex-girlfriend naman niya at si Walter,
> nakakulong na. Detention is
>
>
> > really better than cure. So the moral of the
> lesson is: if symptoms
> > persist, insult your doctor.

Alternative Investment Vehicle

Last month, the government issued its latest 3 and 5 years RTB or retail treasury bills since it started doing so in 2001.

RTBs, according to www.mart.com.ph, are direct and unconditional obligations of the national government which primarily caters to the retail market or the end-users. The last issue's rates are 6.875% for the 3-year, and 7.125% for the 5-year. Not bad right? Yes, not bad compared to, say, time deposit rate. But compared to my 43% gain in BKD for holding it in just 45 days, THAT rate is very bad.

Source: http://www.mart.com.ph/rtb.php

The following links have some information on RTBs:
1. http://www.alliedbank.com.ph/insidesection.php?secid=193&secpid=1&level=2
2. http://www.asiatrustbank.com/Products_dtl.asp?cCat=1&cProdID=28
3. http://www.firstmetro.com.ph/news-releases/FMIC%20and%20BPI%20Raised%20P77.html
4. http://business.inquirer.net/money/breakingnews/view_article.php?article_id=78594

why keeping your money in the bank is a lose-lose situation

Why do you keep your money in the bank?

a. to maintain your VIP status?

b. to keep where it is safe?

c. to make it grow?

If your answer leans more towards letter C, then do you really think that THAT growth will become yours or just the banks? Definitely, the bank will earn money from your money - they will lend it at an interest rate 15 to 20% more than they're giving you for keeping it there in the first place.

That aside, how much is your money earning in the bank EXACTLY? If it's in savings, then that's from 0.05 to 1% p.a., and if it's in time deposit then it's 3 to 6% p.a. NOW, what is the country's inflation rate? It's 2.6 % for last month. That means that the REAL INTEREST RATE of your money in the bank is a negative 1.6 to 2.05%!!!

In other words, my friend, your money in the bank is actually LOSING 1.6 to 2.05% of its value every year!!!

you can never can tell PART 1 of 2

This has been circulating in the virtual gossip mill for some time now. Allow me to post it here for those who haven't read it. It is fun.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++


> We' ve been friends for a long time ago. We come
> from the same alma
> mother. Actually, our paths crossed one time on
> another. But it's only
> now that I gave him a second look. I realized that
> beauty is in the
> eyes. The pulpbits of my heart went fast, really
> fast. Cute pala siya.
>
> And then, he came over with me. He said, "I hope
> you don't mine. Can I
> get your number?" Nag-worry ako. What if he doesn't
> give it back? He
> explained naman na it's so we could keep intact
> daw. Sabi ko, connect
> me if i'm wrong but are you asking me ouch? Nabigla
> siya. Sagot niya,
> The! Aba! Parang siya pa ang galit! Persona
> ingrata!!! Ang kapal niya!
> I cried buckles of tears.
>
> Na-guilty yata siya. Sabi niya, isipin mo na lang
> na this is a
> blessing in the sky. Irregardless daw of his
> feelings, we'll go ouch
> na rin. Now, we're so in love. Mute and epidemic na
> ang past. Thanks
> God we swallowed our fried. Kasi, I'm 33 na and I'm
> running our time.
> After 2 weeks, he plopped the question. "Will you
> marriage me?" I'm in
> a state of shocked. Kasi mantakin mo, when it
> rains, it's four! This
> is true good to be true. So siyempre, I said yes.
> Love is a many
> splendor.
>
> Pero nung inaayos ko na ang aming kasal, everything
> swell to pieces.
> Nag-di-dinner kami noon nang biglang sa harap ng
> aming table, may
> babaeng humirit ng, "Well, well, well. Look do we
> have here." What
> the fuss! The nerd ng babaeng yon! She said they
> were still on. So I
> told her, whatever is that, cut me some slacks! I
> didn't want this to
> get our hand kaya I had to sip it in the bud. She
> accused me of
> steeling her boyfriend. Ats if! I don't want to
> portrait the role of
> the other woman. Gosh, tell me to the marines! I
> told her, "please,
> mine you own business!" Who would believe her
> anyway?
>
> Dahil it's not my problem anymore but her problem
> anymore, tumigil na
> rin siya ng panggugulo. Everything is coming up
> daisies. I'm so happy.
> Even my boyfriend said liketwice. He's so
> supportive. Sabi niya, "Look
> at is this way. She's our of our lives."
>
> Kaya advise ko sa inyo - take the risk. You can
> never can tell. Just
> burn the bridge when you get there. Life is shorts.
> If you make a
> mistake, we'll just pray for the internal and
> external repose of your
> soul. I second emotion.

a ring to rule them all

So this weekend contributed something new. I finally bought my first jewelry (as you can see on the left, it's supposed to be there, but then you might not see it due to my poor attempt in art :p) ==> I bought a ring.

Why do I sound so happy with that?

Well, all the jewelries that I have were all gifts fro either family or boy toys (aha! - i kid, i kid) boyfrienda actually, but at least I don't have them ALL at the same time. So for the first time, i now have a jewelry I acquired by my OWN money. Yehey!

This ring is meant to be worn, and not to be stored in a vault. But come to think of think, I don't have a vault or if I do have one, I have nothing valuable to put in. I do practice what I preach, I am recording the ring as an asset, but NOT as an investment.

Comic Relief

I wonder what type of 'girls' will they use for stocks with blah performance :))

Are jewelries investments?

image from www.diamond.com

Like almost all questions in life, the answer to "Are jewelries investments?" is it depends. How so? Let me tell you why.

First, they can be another investment vehicle IF, yes that is a BIG if, that is your intention. Meaning when you bought them you said to yourself, "I will buy this jewelry, store it in the vault, and sell it next year when I expect that the price of gold or diamonds (of course, the precious stone that adorned your investment) will increase.

Second, it is not IF you bought it to flaunt. As you might have noticed, when you go to the pawnshop, they will give you only a fraction of the amount you bought the jewelry for.

However, when keeping a portion of your portfolio into precious metals and jewelries, make it a relatively small portion. In our part of the world, there is no ready exchange for selling jewelries. If you need cash pronto, liquidating you jewelry might take some time which will force you to SELL it at a LOSS.

Rainy Season and the Phisix

Hi y'all!


It's still raining like there is no tomorrow. I do need to get out though and meet my friends. Who knows what we might discuss about Tuesday's reopening of the stock market. As I said in my previous post. I plan to add P10,000 of my hard earned money to the market.

I hope that by Tuesday, the weather is more cheerful. Who knows the market might follow y'all.

How to invest in the Philippine Stock Market?

How does one go about buying and selling stock in the Philippine Stock Exchange? Here's how:
First, you must have a broker. You can choose between an online or a pure brick-and-mortar broker, or you can have both.
Second, you must have some money to invest. Of course! :) DON'T EVER, EVER BORROW MONEY FOR STOCK INVESTMENTS. After all the game is gambling.
Third, study the game. Don't just rush into it.

Below is a table which will guide you on how many stock to buy for a certain public company.

PRICE	MINIMUM FLUCTUATIONS	BOARD LOT
0.001 to 0.0024	0.0002	1,000,000
0.0026 to 0.0050	0.0002	1,000,000
0.0055 to 0.0100	0.0005	1,000,000
0.0110 to 0.0250	0.001	100,000
0.0260 to 0.0500	0.001	100,000
0.0525 to 0.1000	0.0025	100,000
0.105 to 0.2500	0.005	10,000
0.2600 to 0.5000	0.01	10,000
0.5100 to 1.000	0.01	10,000
1.020 to 2.500	0.02	1,000
2.550 to 5.000	0.05	1,000
5.10 to 10.00	0.10	1,000
10.25 to 25.00	0.25	100
25.50 to 50.00	0.50	100
50.50 to 100.00	0.50	100
101.00 to 250.00	1.00	10
252.50 to 500.00	2.50	10
505.00 and up	5.00	10

What I will buy next week

Monday, August 20, is a holiday. Logically, the market is closed. However, I've already made a decision on how much to put into the market next week - just P10,000.00

I plan to buy the following:
ALI
http://www.ayalaland.com.ph

DGTL
http://www.digitelone.com


However, the stocks I will buy are still not final. I still have to wait on the results of my discussions with my friends on their investment positions, I will update my plan accordingly. After all, these friends have been investing for a longer time than I do, and their portfolios are so much more than mine.

Portfolio

Well, the market is down. The Phisix is now at the 2,800 level. Scary, but that is how a market is supposed to behave - one time it's up, another it's down.

Below, is my portfolio at the moment.

STOCK	# of SHARES	Price	INVESTMENT
BKD	2,000.00	1.34	916.19
GMA7	500.00	10.50	5,279.93
MIC	800.00	6.50	5,229.64

I have three companies so far. And I bought them at the price specified above. Actually it's not. At least for BKD (Bankard, Inc.). P916.19 is part of a 43% profit I took when I sold several lots before the market went bonkers. My investment strategy is to sell at 50% profit, but I will only take the original invested amount in the market. This means that eventually I will be playing not with my money I earned with my blood and sweat :), but with the market's money. In that case, win or lose, I am safe. So I took in some of the profits. P916.19 is the difference between the original invested amount and the amount I received from selling some of the lots I own.

Financial Status

I just turned 27 last August 8, however, this is not what I want you and the rest of the world to know. I, myself, even forget my age sometimes. :)

Anyway, I just had an epiphany. I was just sitting, watching tv, surfing the Net when I had my eureka moment. For several years now, I have been dabbling in the stock market and other investment markets. But, that's it, it was just dabbling. However, today I decided that perhaps I need to become a serious player.

With this decision, I have created this blog to let the world know what I am doing with my monet, well, some of it anyway. I will use this opportunity to let the world know what investments I have, what I am planning to buy or sell.

Please bear in mind though that this blog is not meant for me to brag. What is to brag about? My portfolio is so minuscule you don't need a calculator. :) Well, I am hoping that in the near future this portfolio will grow to the amount I want.

Well, folks, do visit my blog and read my posts.