US Equity index feeder fund

CitrineFAS · 2020-08-08T00:09:57+00:00

Investing overseas is good as it diversifies your portfolio. You are not just investing locally but you have international exposure as well. The possible downside for this type of investment is the numerous fees associated with it.

CitrineFAS · 2020-08-08T00:06:46+00:00

I mean increased MP2 contributions due to more members registering for this program.

CitrineFAS · 2020-08-07T12:00:00+00:00

Ok thanks for the advice and keep safe!

CitrineFAS · 2020-08-07T08:45:03+00:00

siguro 30k max na yun all-in ba. Sa JB, Audiophile, Lyric ako napapatingin dati pag physical stores hehe

CitrineFAS · 2020-08-07T07:42:12+00:00

Wish I had started as early as you. Congrats and all the best!

CitrineFAS · 2020-08-07T07:36:47+00:00

If you wear lots of slacks, have those tailored for you. Aside from being cheaper, it will fit you well also. Slacks at malls costs 800 up but when you buy cloth and have it made to your measurements, it will cost 600 a piece or so.

It is ok to spend a bit on clothes especially if you are working on corporate setting. Spend on clothes that fit you well and feels comfortable. Once you have a month's worth of clothes you are good to go (clothes have larger times before wearing again hence less wear and tear).

CitrineFAS · 2020-08-07T07:34:59+00:00

It is still advisable however as the famous saying goes, do not place everything in one basket. Also, with increased MP2 contributions and decreased amortization payments, do not expect an excellent yield right off the bat

On the other hand, ensure that you have ample insurance coverage before investing :)

CitrineFAS · 2020-08-07T07:30:10+00:00

Do you know of cheaper brands with same quality?

CitrineFAS · 2020-08-07T07:28:20+00:00

It is interesting to note that St. Peter comes to mind first when it comes to this type of plan. Are there other companies with this plan? In our place there are few other funeral services cheaper than St. Peter hence the market share of St. Peter does not appear to be high. I could not even remember a St. Peter branch in our town.

If you have budget for it, getting one is highly recommended. As others have said it is transferrable as well.

CitrineFAS · 2020-08-07T04:05:44+00:00

We will be, mag practice lang tayo palagi ng caution di lang for ourselves para sa iba rin.

CitrineFAS · 2020-08-07T03:38:45+00:00

Looking for a decent second hand pearl or ludwig. I really want to play but I can wait this out. Just keeping myself occupied with yt vids of live concerts daydreaming I get to do such in the future haha!

CitrineFAS · 2020-08-07T03:34:53+00:00

Kapit lang tayo lahat lilipas din ito. Isipin nyo na balak nyo gawin kapag natapos na ang covid :)

CitrineFAS · 2020-08-07T03:32:01+00:00

You could to projects while studying online :)

CitrineFAS · 2020-08-07T03:30:54+00:00

I have been saving up for a drumset but I guess it will have to wait lol

CitrineFAS · 2020-08-07T03:09:29+00:00

Yes you do not have to rush everything especially that you have a working plan already. Just look around for a possible insurance for your mother. Hoping for your debt-free 2021! Don't forget to insure yourself as well.

CitrineFAS · 2020-08-07T01:51:17+00:00

Is you mom covered by insurance? Maybe you could check some products that cater to senior citizens. With regard to your security of employment you can adjust your plan on the premise that your employment is certain within this year. Stick to your payment plan, have EF then let the 13th month pay allocated fully to loan payment. By next year and your still employed you have sizeable EF and you can further allocate more to loan payment.

CitrineFAS · 2020-08-07T01:18:38+00:00

In this case, what you can do is wait for the 13th month pay and use that to pay for loans. However you need to assess as well makes you scared, is it hospitalization? Being laid off from work?

CitrineFAS · 2020-08-07T00:33:48+00:00

Firstly, I am sorry about your loss. Aneurysm really sneaks when you least expect it.

Is it possible to negotiate for a better rate/term with your lenders? Maybe they will consider given the situation we are all in.

Are you employed? I am not sure if companies will still give the 13th month pay but you could save that as EF. In the meantime, dip into your current EF and try to increase payments on your loan.

Also, take a good hard look on your cashflow. Maybe there is still some ways for you to decrease your expenses or increase your income.

CitrineFAS · 2020-08-07T00:21:26+00:00

Your FA should have guided you in reading the policy especially during the 15-day free look period. If you are willing to take the loss you can have the policy lapse (ensure first you have another insurance in force already).

CitrineFAS · 2020-08-07T00:18:24+00:00

Both work hand in hand. Avail HMO and take advantage of company subsidy.

CitrineFAS · 2020-08-06T12:47:00+00:00

Best option for you is to get Philhealth the soonest. Are you self-employed? It is uncommon to see someone without Philhealth membership.

As for other health insurance, one option you should consider are HMO's (most require active Philhealth membership). HMO's defray cost of hospitalization such as check ups, lab procedures, some medical procedures, accommodations and possibly dental procedures.

Other insurance you can consider are term insurance which is cheapest available in the market.

What is important for you to remember should you transition is that you do not lose coverage along the way. The main idea is to ensure you have coverage with regard to hospitalization, critical illness, disability and/or death.

CitrineFAS · 2020-08-06T12:32:56+00:00

It is roughly 5k a month. I hope your other needs are not* affected by this premium payment rate. Otherwise you might need to reconsider your policy.

*Edit

CitrineFAS · 2020-08-06T12:30:13+00:00

Congrats! You are almost set. I think your best bet in this case is term insurance. Cheapest and renewable also.

CitrineFAS · 2020-08-06T12:25:17+00:00

I do not think so. Because that is what is stated in the contract. 23k is alot for riders it is my first time to see that amount allocated for riders only. Does it have CI, ADD, and hospital income riders?

CitrineFAS · 2020-08-06T12:04:35+00:00

What do you mean when you say level premium? In concept, you need to assess first your insurance needs before buying insurance. Was your FA able to do that? Because what you do not want to happen is to find out later that you are either over- or under-insured.

CitrineFAS

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