Shaun T. Dy's Business & Economics Perspective Blog

I was thinking about several bad reviews. I'd order food from Foodpanda and Grab where I notice some falsified claims. It also reminded me of several false claims like the Robinsons Galleria "snakeman", the fried towel from Jollibee (which I still believe was an act of sabotage), and maybe I could talk about several fake reviews just to get attention. Mistakes do happen (at times) and I remembered someone wrote a review of few mistakes on a restaurant. Meanwhile, I noticed somebody could just deliberately put an insect, picture it, badmouth, the restaurant, and the deed is done. I think the same could be very true for the bad reviews of AXA Philippines at Trustpilot (read here ). I really feel like asking if Trustpilot can truly be trusted or not. I decided to do some research about Trustpilot on Google . It's no surprise that sitejabber has Trustpilot at a very low score . Again, I can't be sure if it's not that easy to take down fake reviews. I decided to re

One of the biggest misconceptions that I kept hearing is "Investment is only for the rich." It's a very common thing when I told some of my fellow Filipinos to learn to invest their money. Why is investment often thought of as "just for the rich"?  Here are some reasons I feel are  misconceptions that many Filipinos have   concerning investments: Investment is often thought of as investing in huge amounts of money. This has been true whether the investments would be bonds, stocks, and/or insurance.  Investment is often thought of as building a million-dollar business.  It's very easy to hear the statement, "Invest? I don't have a million pesos!" This brings up the irony that I've observed about turning down investment in favor of gambling (read here ). I remembered laughing while writing that article (all the while I was having my house repaired). Are they waiting until they win a million PHP in the lottery, jueteng, mahjong, etc. before th

I think one of the most misunderstood rules is the PHP 8,000.00 rule. One reason why I decided to reach at least PHP 8,000.00 for my three GInvest funds (ATRAM Global Consumer Trends Feeder Fund, ATRAM Global Technology Feeder Fund, and the Philippine Equity Smart Index Fund) is because of that rule. Though, some people tend to misinterpret it that they shouldn't enter the stock market (in any way either through DIY trading or buying an index fund) until they have PHP 8,000.00. Personally, I took advantage of GInvest's minimum start-up for the local fund (start with PHP 50.00 but it's not going to grow big with just that) and the feeder funds with PHP 1,000.00 each. What I did (instead) was to slowly invest money until the minimum was met.  Why do I feel waiting until you have PHP 8,000.00 before you invest in a bad rule? The fees are there, yes, but you may not be able to take advantage of the low dips . The market is rather unpredictable with the supply and demand. Stocks

123RF The bear market is far from over, right? I wouldn't be surprised if some people are now blaming incumbent Philippine President Ferdinand Romualdez Marcos Jr. for the stock market condition. Some people even blamed former Philippine President Rodrigo Roa Duterte. Maybe, some people felt that the late Benigno Simeon Cojuangco Aquino III was to credit for the stock market going up in the first 100 days-- something I find ridiculous. The bear market is in and it's no surprise that social media gossipers are spreading, well, gossip, on Facebook . That's why I wrote about how social media gossipers are poor economists (read here ) and terrible financial advisers (read here ). Sadly, some social media gossipers are even highly educated people . So, we're still in the bear market and it's far from over .  Here's the latest report for today to think about... The latest update has it that the PSEi has closed with a score of 6,209.53 where it went down by 53.86 point

Right now, with the bear market , the advice is often to buy stocks now, hold for as long as possible, and maybe sell them only later. These funds are meant for the long term. I wanted to enter into stocks but my short attention span can be a killer. I decided to buy AXA Chinese Tycoon Fund for a start. The fee is PHP 3,000.02 per month regardless of whether the market is up or down. In investment, it's pretty much called dollar-cost averaging or cost averaging . It's investing the same amount of money per month regardless the market is a bear or a bull. Right now, we're in a bear market so more units are bought when you invest. However, I prefer to mix and match both values cost averaging (add more money than the minimum) and cost averaging (entering the minimum amount for investment) to try and maximize profits.  The Chinese Tycoon Fund had its top holdings of the following companies in May 2022: SM Investments Corporation -- 23% SM Prime Holdings Inc. -- 19.6% BDO Uniba

I was thinking about this video above where somebody said, "Don't invest in AXA or make the loss that I did." It was a person named Bill Baker. Try checking out the comments in this video and be ready for facedesk comments . I was thinking about how this guy doesn't realize that AXA isn't about instant gains, there are premium charges to pay which is money allocated to the insurance portion of the investment. Did this guy expect his money to multiply fast? Some people commenting on the video are commenting out of ignorance. It might be worth asking, "Did you keep withdrawing your funds or do you even bother to understand the ups and downs of the equity market?" The money market is no easy game. I remembered being told to hold my Retail Treasury Bond (RTB) after selling my first bond and reinvesting it again. I decided to get a Long-Term Negotiable Certificate of Deposit (LTNCD) as another investment. I'm trying to learn petty cash investments on GCas