Posts by author
Zigfred Diaz
Cryptocurrency Chaos: Cautious consideration
Five common money mistakes that even professionals can make
IT is said that when 26-year-olds today reach the age of 60, more than 65 percent will be broke, close to 30 percent will still need to work, 4 percent will be financially-independent and only 1 percent will be wealthy. These sad statistics reflect the state of financial planning in the country.
Countering investment insanity with intelligence
I remember when I was in high school I saw a movie wherein there were several people standing in front of giant screens shouting. A lot of them were busy talking to the phones and shouting at other people. Most of them have this small slip of paper and there were those who were writing on pieces of papers as if taking orders. I didn’t know how exactly to describe it at first.
Countering investment insanity with intelligence
I remember when I was in high school I saw a movie wherein there were several people standing in front of giant screens shouting. A lot of them were busy talking to the phones and shouting at other people. Most of them have this small slip of paper and there were those who were writing on pieces of papers as if taking orders. I didn’t know how exactly to describe it at first.
Legal issues on high-yield investment schemes in the Philippines
HIGH-yield investment schemes are a hot topic nowadays in the Philippines. Various entities have successfully enticed not only Filipinos both in the Philippines and abroad but even foreigners to get into these get rich quick scheme which offers rate of returns from 30 percent per month to as high as 400 percent per month!
Estate Planning 101
WHEN people ask me what specific area of law I engage in practice in, I reply that among the areas of practice in law that I engage myself in is estate planning. I often get a quick reply, “So you focus on real-estate practice?”
The intelligent value investor’s ‘Desiderata’
GO placidly amid the market noise, rumors and the haste, and remember what peace and riches are there may be in less market activity and silence.
The three most important words in investing
If you were to capsulize investing into three words, what would those be? “Margin of safety”—legendary investor Warren Buffett once said, that these are the three most important words of investing.
Common sense intelligent investing that makes business sense
“Investment is most intelligent when it is most business like.” These words have guided the greatest stock-market investors throughout the ages. Every time I give a stock-market investing seminar, I jokingly tell people to recite this mantra before they open their online brokerage account and make a decision to buy a certain stock. And while telling them to recite the mantra may be a joke, learning to invest intelligently definitely isn’t.
Personal financial planning is for losers
Personal financial planning is becoming more and more popular nowadays. Almost all major national newspapers have a section on personal financial planning. Insurance companies has been trying to shift their marketing strategy, albeit slowly, from directly selling insurance to making people realize the importance of having a financial plan. As the economy of our country keeps improving and people have more disposable income, it seems cool nowadays to talk about having a personal financial plan, obtaining a three-letter designation in the field of personal finance or attending seminars on personal finance and investing.