SSS Pension: The Hidden 5-year Time Loss

A Must Read FYI for Pinoy Employees

Alam mo kung magkano ang monthly SSS mo? Alam mo rin ba na at least 5 years kang dapat buhay para marecover mo lahat ng premiums mo? Cling on to dear life ka till 65.

GOOD THING is, we can reverse the counting. Save today for 5 years habang bata pa, and you will get at least 7x more than your monthly SSS pension.

There's a savings design to achieve just that.

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Computation for people who earn over 15,750/monthly, contributing for 15 years:
MSC *40%
16,000 *40% = P6,400 monthly pension
Gross Contribution: P316,800
316,800/6,400 = 5 years before you can recoup all your payments.

IBIG SABIHIN: binabawi mo lang lahat ng naibayad mo. Your living on interest starts only from 65th year onwards. Is this very wise?

Off the Bandwagon

Nakapila ko sa ATM tapos mga 10 tao pa bago ako. Then yung kabilang machine wala namang pila so I went there and tried my card. Yon, gumagana naman pala.

Lessons:
1) Wag gayahin ang ginagawa ng majority. Minsan, long way iyon para maachieve ang goals (withdrawing).
2) There was a risk of my card being captured. But I studied the situation: green light blinking, no out of order post, screen seems fine.
3) Pag may strategy na which proves to work, go for it. Do it. It might save you. Yung mga nakapila, despite na nakita nila ako walking away with a smirk, di pa rin lumipat ng machine.
4) Just leave people behind if they do not want to move forward. Wave goodbye, but give back and share your blessings.

Scholarships in Korea 2014

We are very pleased to inform you of scholarship programs offered by the Korea International Cooperation Agency (KOICA) in 2014 for Filipinos working in the Philippine Government.
They are as follows:
1. KOICA-SNU
Course: Master’s Degree Program in Public Administration Institute: Graduate School of Public Administration, Seoul National University (SNU)
Duration: August 2014 – December 2015 (17 months)
Deadline: 20 March 2014
Course: Master’s Degree Program in Public Administration Institute: Graduate School of International Studies, Seoul National University (SNU)
Duration: August 2014 – December 2015 (17 months)
Deadline: 20 March 2014
2. KOICA-Kyung Hee University
Course: Master’s Degree Program in Korean Experience of Economic Development and Economic Cooperation (MKE) Institute: Graduate School of Pan-Pacific International Studies,
Kyung Hee University
Duration: August 2014 – December 2015 (17 months)
Deadline: 08 April 2014
3. KOICA-PKNU
Course: Master’s Degree Program in Fisheries Science Institute: Graduate School of Global Fisheries, Pukyong National University (PKNU)
Duration: June 2014 – August 2015 (15 months)
Deadline: 08 April 2014
4. KOICA-UOS
Course: Master’s Degree Program in Urban and Regional Development (MURD)
Institute: International School of Urban Sciences (ISUS), University of Seoul (UOS)
Duration: August 2014 – December 2015 (17 months)
Deadline: 07 May 2014
5. KOICA-KAIST
Course: Master of Business Administration in Finance
Institute: College of Business, Korea Advanced Institute of Science and Technology
Duration: August 2014 – March 2016 (20 months)
Deadline: 26 March 2014
6. KOICA-Soongsil University
Course: Master's Degree Program in Global ICT Convergence with Management and Public Policy
Institute: Graduate School of Information Sciences, Soongsil University
Duration: August 2014 – December 2015 (17 months)
Deadline: 7 May 2014
7. KOICA-HGU
Course: Master's Degree Program in Development
Competency through SME Graduate School of Global Development and Entrepreneurship, Handong Global University
Duration: August 2014 – December 2015 (17 months)
Deadline: 7 May 2014
Along with the list provided above, KOICA has seven (7) more graduate school scholarships for this year. Once we get the details, we'll immediately post the updates on this page.
Should you have questions, kindly get in touch withMs. Maria Regina P. Arquiza, at 403-9780 (Local 36) or send an e-mail to regina_talon@yahoo.com.
Thank you.
KOICA Philippine Office

*From Pinoy Scholars in Korea*

What to do when your phone gets stolen?

Nothing. Write. As always.
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It wasn't exactly my phone that was stolen last night; it was merely the material transfiguration of my labor, and the loss of all antecedent values of trade-offs that were not realized due to time spent on labor. For instance, time with my family, with friends, and students, leisure, and opportunities forgone as I had to labor in exchange for purchase.

And because it is such, theft transcends its usual simplistic notion of "object lost". Therefore theft, in my sense, is the ultimate violation and sacrilege of a fellow human being.

(This extends to your tax being pilfered by corrupt politicians and other such things 'stolen'.)

VUL or Variable Unit Linked Investments--as good as it sounds?

Check your current investment policy.
Sum up your total payments and sum up the total withdrawable cash after 5 years under the 10% column.

You will NOT have earned anything. You're in a poor situation.
Do you know how to optimize your investments?

Mutual Fund Gains Revving up in March!

9.7% gain from Jan 1-March 6.
I guess followers of my tracks know how to make sense of the percentage.

But for the new eyes:

If you have a total investment amounting to 100,000 on Jan 1, today, its value would have been a net of 109,700. That's 9,700 in two months!

Imagine if you have a total accumulated investment of 1M. You would already have earned 97,000 in a span of two months only.

Do you know how to start a pure growth stocks account?

Savings with the Biggest Return for the Buck

Here's the power of saving intelligently:

March 4, 2014 = P497 per share
Dec 20, 2013 = P455 per share

If you have a P100,000 and you bought shares in Dec: 100,000/P455 = 219.78
If you sell your shares in March: 219.78 x P497 = 109,230

That's a NET of 9,230php in just two months.

Diversify your saving destination. Try out mutual funds and other hybrid investment instruments.
Your inquiries are very much welcome at horebelliot @ yahoo .com