Why I Stopped Investing in Stocks and Bonds for Cryptocurrency

This April 1, 2023, I made up my mind with a new investment strategy. Forget about what Warren Edward Buffett said to Jeff Bezos of Amazon. Instead, I decided to invest in the newest, hottest tool ever known as cryptocurrency. I would like to say that I already sold off and withdrew all my funds from all the financial companies I got invested in to put it all in cryptocurrency.

Why did I even believe in those investment schemes where I have to wait. Forget about waiting as it's just a game for losers. If I invested with Buffett's style of cost-averaging my money into an index for, let's say, 10 years, that would be plain boring. Instead, why not go for excitement with the world of cryptocurrency. I heard of how cryptocurrency can increase my PHP 100.00 to a huge amount of money in such a short time. Too good to be true you say? Well, that's just because people who are investing in stocks and bonds are just jealous of cryptocurrency investors, who are getting rich faster than they are.

Did you know the best measurement of an investment is to get rich fast? Yes, the faster you get rich, the better the investment. Why should I buy stocks (either direct picking or by equity funs) and bonds when cryptocurrency is king of investment? Don't believe the stories done against Ruja Ignatova or the late Gerald Cotten. It was all but black propaganda as revealed by the MARITES School of Business and Economics.

Starting today, I'm no longer into stocks and bonds. I'm already investing in the wonderful world of cryptocurrency. If you want to learn to invest in cryptocurrency effectively, you can start enrolling in the MARITES School of Business and Economics' financial seminars. Yes, they're offering one today and I'm on my way there. If you're not going there, you must be really a fool not to go there!

HAPPY APRIL FOOL'S DAY!

Learning Mandarin Chinese Through Melons

Hanlin Language Center In pursuit of encouraging people ot learn Mandarin Chinese, here's a chart teaching the different types of melons in Chinese. Learning how to speak Chinese with these melons would be a productive exercise. Aside from using what was often called bon toi in the Chinese schools, it might be good to help people memorize these types of sentences, with the translation: Chinese: "天气热，想吃西瓜." (Tiānqì rè, xiǎng chī xīguā.) Translation: "It's hot, I want to eat watermelon." Chinese: "你想喝冬瓜茶吗?" (Nǐ xiǎng hē dōngguā chá ma?) Translation: "Do you want to drink winter melon tea?" Chinese: "我要做南瓜派." (Wǒ yào zuò nánguā pài.) Translation: "I'm going to cook pumpkin pie." Chinese: "用黄瓜去眼袋." (Yòng huángguā qù yǎndài) Translation: "Use cucumber on your eye bags." Chinese: "苦瓜对你的健康有益." (Kǔguā duì nǐ de jiànkāng yǒuyì) Translation: "Bitter gourd is good for your health." Chin...

A Consequence of Adobe's Subscription Model?!

As I look at this video, I don't regret not opening an Adobe account. I used Adobe Photoshop back in college--back when I could borrow someone's CD and install it on my computer. However, paying thousands of PHP monthly is ridiculous for a casual user! Why would I pay thousands of PHP just to produce artwork that I'm not even selling? Back then, I used Photoshop mostly to relax during semestral breaks in college. What happened to the good old days? As I listened to this video, I was disgusted at how Adobe could be a "Get Rich Quick Scheme" against its customers. Instead of selling Adobe Photoshop (or any service) outright (that's until the newer version arrives), they decide to use the subscription model. I could understand if Adobe offers a subscription model for intensive work that requires intensive power. Meanwhile, Adobe could offer a one-time purchase of any of its software for non-professional use. This reminds me why relying on past successes isn...

The Malaysian-Filipino Sweet Tooth Demographic

As a Filipino, I've observed the Filipino diet tends to lean on a sweet tooth. What causes this probable genetic disposition of the Filipino to crave sweets? That trait might be traced to one's ancestors. Newsweek also mentions it might be with the DNA . The Malaysians and the Filipinos have close genetics. The Britannica also cites this about Filipinos: The ethnically diverse people of the Philippines collectively are called Filipinos. The ancestors of the vast majority of the population were of Malay descent and came from the Southeast Asian mainland as well as from what is now Indonesia . Contemporary Filipino society consists of nearly 100 culturally and linguistically distinct ethnic groups. Of these, the largest are the Tagalog of Luzon and the Cebuano of the Visayan Islands, each of which constitutes about one-fifth of the country’s total population. Other prominent groups include the Ilocano of northern Luzon and the Hiligaynon (Ilongo) of the Visayan islands of Panay...

Getting Nuts About Standard Chinese, By Learning About the Chinese Names of Nuts

Hanbridge Mandarin In pursuing the need to teach Mandarin Chinese, it's important to deviate from the old-fashioned Chinese language education (read here ). Instead, we need to get people interested in basic vocabulary. This would be a good exercise to learn from basic sentence making and conversations. Here's an example of what's called bon toi back in my day. Let's think of learning Chinese through nuts. Question: 你想要巴西坚果、核桃、杏仁还是腰果? (Nǐ xiǎng yào bāxī jiānguǒ, hétáo, xìngrén háishì yāoguǒ) Translation: Do you want brazil nuts, walnuts, almonds, or cashews? Answer: 我想要杏仁，非常感谢. (Wǒ xiǎng yào xìngrén, fēicháng gǎnxiè.) Translation: I want to have almonds, please, thank you very much. However, there's a mistake in the chart because the coconut isn't a nut. Instead, it's a coconut fruit of the coconut tree, of the coconut palm family. The song was written by Filipino musician Ryan Cayabyab. Now, it's time to enjoy learning Chinese through learning about n...

When the Education Cares TOO MUCH About Grades, Schools Produce Idiots Instead of Intellectuals

During the pandemic, I was left in limbo thinking about my poor performance under K+10. It was something to think about that a classmate of mine who was both a summa cum laude and an honor student, ended up posting on his wall, "Students cheat because the education system cares more about grades instead of learning." The class salutatorian of our batch even commented about the good old days. I always had that feeling of insecurity and envy towards people better than me. But as Warren Edward Buffet would say, "Don't hate successful people. Learn from them instead." One of them is currently a teacher and the other is in Canada. I thought about my insecurities especially when I used to believe I was descended from a fine scholar and my family was a family of scholars. I remembered the time I was taking MBA and got conned. I was asked, "Is that what MBA taught you?" I got touchy and ended up admitting, eventually, that I was only taking MBA for the presti...

Piracy is Almost Impossible to Defeat Thanks to the Filipino First Policy

Disney Let's face it piracy is hard to combat, right? For Filipinos, it's time to be honest that people have been engaged in piracy in some form. It may be pirated video games, CDs, VCDs, DVDs, etc. There are laws passed against piracy. However, one must ask why piracy is so hard to combat. Piracy bypasses through legalities. It's a common practice to have a pirated version of this and that application, because of the price . Installing MS Office and Windows 11 can be costly. It can cost PHP 7,000.00 for Windows 11 Home and PHP 5,400.00 for MS Office. Back in college, people would do anything to get the MS Office and Windows 11 because they needed it for their projects . It doesn't help that some well-to-do boomer are stingy instead of thrifty. It doesn't help either that some people just can't afford to buy the original software--given their income bracket . It's easy to raise the Filipino First Policy by saying, "Tangkilikin ang sariling atin!" ...

My Thoughts on the NOT So Surprising Downfall of "Axie Infinity"

llustration: Daniel Guerrero Fernandez for Bloomberg Businessweek I remembered some time ago when I wrote about Axie Infinity . One article I wrote about why I never bothered to enter the Axie Infinity arena was the poor security . I compared it to a cockfighting game--a game where so few win and so many lose. A previous article I wrote was all about why play-to-earn games are too good to be true . What's not too surprising is the collapse of Axie Infinity . It's pretty much too good to be true. A casual gamer can testify that they buy online passes not to earn but to play . It's like buying a Playstation Plus card to play online for an entire year. You buy games out of the money you earn. You don't earn money out of gaming. What truly never surprised me was how Axie Infinity crashed. It promised riches but onoy resulted to disaster. I even wrote that there could be an ironic moment somebody says that AXA is a scam while playing Axie Infinity thinking that it's an...

The STUPIDITY of Insisting that Equity Restrictions in the 1987 Constitution of the Philippines Exist for "National Security"

As the call for economic charter change goes on, I feel the need to educate some people with common sense . I'm reading comments on Facebook that 60-40 (or any similar ownership restrictions) is for the "security of the Philippines" or that certain sectors can't be allowed 100% ownership on the part of the MNC. Once again, do I need to remind people for the nth time that 100% FDI ownership is all about share ownership ? Sadly, many Filipinos misunderstand what 100% FDI means (read here ). What 100% FDI ownership means is that MNCs don't need to look for a Filipino partner, only to be burdened with having to give up 60% (or more) of the net profits after taxes and they only keep 40% (or less). That's why I called such an arrangement as overpriced rent (read here ). Some of these people I ran into on Facebook (of all places) are too beholden to Atty. Hilario G. Davide Jr. It was last 2018 when Davide Jr. also said that the Philippines may become a "colony ...

My Experience with Pyramid Scams in College Up to Present

Often, a pyramid is often confused with a Ponzi scheme. Both are illegal schemes but there's the difference. A pyramid scam emphasizes on recruitment and selling of products. A Ponzi scheme guarantees high returns for short periods. Both operate similarly but scam people differently. Both should be shunned and be considered defective baskets. I remembered my college days at the University of San Carlos-Main Campus (USC-Main) when I was still a newbie with money. It sucks really when high school didn't teach us financial literacy and people seemingly need to take commerce to do so. One of the biggest scams that hit even graduate school students was the pyramid scam. Even worse, some of those who got suckered with ongoing financial scams were graduate school students of the School of Business and Economics! The Investor.gov website from the United States of America (USA) would tell us these are the hallmarks of a pyramid scam: These are some of the hallmarks of a pyram...

The "Kahit Konting Awa" Attitude Wouldn't Help Alleviate Anyone from Poverty

As the countdown to Christmas continues--it's easy to expect the toxic Filipino trait that I'll dub as "Kahit Konting Awa". The literal meaning is "Just a Little Pity". I named it after that song by Nora Aunor, the theme song of The Flor Contemplacion Story . I wasn't a bit surprised when the hit movie was uploaded on VIVA Films' YouTube page last 2013 (read here ). Back on the topic, I noticed it's easy for people to desire to reconcile because it's the Christmas season. The Philippines has the longest Christmas season. However, people love to do last-minute Christmas shopping presumably due to their poor budgetary habits. Ever heard of the one-day paycheck pandemic in the Philippines? It's a common abusive trait in the Philippines to have that "Kahit Konting Awa" attitude. There's the problem of "Utang (debt) is life." It's no surprise that financial literacy is that low in the Philippines. A not fun fact a...

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