Life Begins at 40...

...Well, that is, if you're reaping the benefits of long-term investments. Defer gratification for at least 10 years. 
Life would prove to be untamed if you don't. It's not yet late to start!

Maximize your savings through an investment instrument called Money Works.

Save for a slow as P20,000 yearly (payable monthly, quarterly, or semi-annually) and start growing your funds from 15-24% annually! As bonus, you are also covered by a growing insurance coverage.

No need to pay for life--20k for 10 years allows you to stop paying the premiums. You can still, however, inject top-ups or additional investments whenever you have extra cash. Topping up will boost your fund amount.

Please take a look at the values under 10%--but take note, we are growing at 24% at present!

If you have questions, please let me know.


sincerely,
Horeb Eliot
UP Professor, Department of Social Science
Masters in Intern, South Korea
Licensed Financial Planner and Adviser

A Summary of Reality from Orochimaru

"People change...either than...or they die before they can."

Best Father's Day Gift

It's sad to see fathers working for 30 plus plus years yet they retire with little money in their names. Know what?

With just P44.00/day, your father can comfortably retire with 3.5M savings and 3.5M life coverage. Now, that's a HAPPY FATHER'S DAY indeed!

I can help you in wrapping this gift right now.
horebelliot at yahoo . com

---

Horeb Eliot
Licensed financial adviser,
Development Economics, Political Science Professor
University of the Philippines

Job Opportunity for Filipinos in the Philippines (work in a Korean company)

a repost from one of my FB closed groups:

Job Opportunity in the Philippines~

CJ, one of the biggest company in Korea, is looking for a Filipino who studied in Korea, who speaks Korean well, and is now currently living in the Philippines.

CJ Home Shopping, is planning to set-up in the Philippines~ If you're interested regarding the work, reply/PM me your name, email and mobile number and we will connect you :)

-credits to EMWang

Top 3 Factors that Keep the Philippines Poor

1. The elites - they have continued to monopolize economic power and therefore political leverage as well. Most of these people have had their primate-like grip on the apex of power since the Spanish period.

2. Low total output of small and medium scale enterprises (30%) as compared to SME output in Korea and Japan that accounts for half of the total economic activity.

3. Weak investment and risk-taking behavior of Filipinos - as we like to spend a lot (dakot) and save not; as many of us do 'isang kahit isang tuka' (hand to mouth existence); as deferred gratification is essentially a Confucian, Buddhist, and Protestant ethic. But we believe in the blessed are the poor mentality. We are afraid of calculating risk and have learned to keep only one plastic card in our wallet and maintaining only the minimum deposit amount therein. We get sick and die without insurance. Hence, the sandwich generation takes care of the needs of the family of origin and family of procreation, creating multiple strains that prohibit take-off--one generation after another.

We cannot do much about the elites.
But we can save up (#3) and learn to start our business (#2). If you're not someone with an entrepreneurial mind, then be sure to at least do yourself a favor: don't be sandwiched between your parents and family's economic needs. Break away through financial planning. The people in Payatas were able to do this.

Let us learn how to rethink money, and think it not as a root of evil or something of a purely materialistic representation of greed. If you help yourself, you help your country and everyone around you.

"Happy" Labor Day

Labor Day. If you think it's "happy", then you've got a problem. It's here to convince us to pay taxes more diligently, to establish obeisance to an extractive institution that shells out subconscious benefits at best. 

Did you know that you have to work for 4 months just to cover all the taxes you need to pay? I'm not saying to not pay taxes. It's just that many people are complacent tax-payers. Little do they know that there are ways to reduce these awful deductions--yes, even if they're single and without dependents.
Play it smart. Learn how to play the game. Or others will toy with you.

I'd rather call today Happy Financial Independence Day.
Let's sit together sometime to achieve this.

-Eliot, Licensed Financial Adviser


  For a free consultation, please send an email to horebelliot at yahoo dot com.

Virgin Coconut Oil for Export

P155.00*/liter of organic, enzyme-processed (most superior processing method), heat-free
Virgin Coconut Oil using University of the Philippines patented technology.

Ideal for exports and repackaging!

Contact me for bulk orders.

(U$D 4/liter; discounts apply for bulk orders minimum of 30 liters)