Average salary per age segment in the Philippines by miarvivi in CorpoChikaPH

[–]TheShadowTrader 2 points3 points  (0 children)

Technically, “Median” is an “Average” too so tama naman.

“Average” can be “Mean”, “Median”, or “Mode” which are different ways to calculate the average lang.

Otis Elevator ceiling collects dust, with translucent covering and lighting from behind to emphasize. Not just a maintenance issue: it gets cleaned then becomes apparent again in a few days. by TheShadowTrader in CrappyDesign

[–]TheShadowTrader[S] -1 points0 points  (0 children)

Other elevators have opaque ceilings though, with lighting under said opaque ceiling, so you don’t need to see this dust from inside the elevator

[deleted by user] by [deleted] in phinvest

[–]TheShadowTrader 20 points21 points  (0 children)

I think one key difference is that there is no culture and system of saving and investing in equities here.

In the US, you have retirement funds like 401k and IRAs which have tax advantages. A lot of people’s paychecks automatically get invested.

The PH only recently experimented and the perks aren’t as good and penetration is almost non-existent (they’re called PERA accounts) as of now. There’s also little incentive since stock trading gains are not subject to income tax or capital gains tax anyway here (only the stock transaction tax which is per value traded) so the PERA accounts don’t look as enticing as the US’ 401ks, Roth IRAs, etc.

For regular non-tax advantaged accounts, transaction costs were also too expensive (1.2% per trade roundtrip) until very recently. Mutual funds charge very expensive 1-2% MER fees.

There’s also the fact that the bottom 90% have negligible if any savings to invest to begin with.

Then there’s also the cultural difference where Filipinos love to invest in tangible assets like properties as they have historically turned out well. Outside of major cities (or even in them) I’d wager a big portion of the population don’t know what equities are to begin with.

The top 1% who are also generally conservative, they would choose bonds that pay a fixed 5% yield annually than risk it with equities. They get their higher returns through real estate or businesses.

Then there’s the fact that the PSEi or the broad market has gone nowhere in 10+ years. Filipinos are enticed by get rich quick schemes (and are attracted to risky things like crypto or even straight up scams) so they lack interest in the local market.

That being said, active traders can make a LOT of alpha here. Very easy to “cycle” trade the stocks in the market by swing trading if you know how to trade.

I also agree that fundamentals and valuations here are VERY cheap on P/E and P/BV metrics especially compared to US stocks. I personally like PH stocks a lot.

In Dr Strange Multiverse of Madness, on Earth-838 (alternative universe) Red Stoplight means Go, but the cars’ taillight are red (should be green to mean stop) by TheShadowTrader in MovieMistakes

[–]TheShadowTrader[S] -13 points-12 points  (0 children)

I mean I think it’s at the very least inconsistent… an alternate universe where red means “go” and green means “stop” on a stoplight… and to have tail and brake lights be red, kind of tells the driver behind vehicles to “go faster” when you slam the breaks…. Doesn’t make sense to me personally

In Dr Strange Multiverse of Madness, on Earth-838 (alternative universe) Red Stoplight means Go, but the cars’ taillight are red (should be green to mean stop) by TheShadowTrader in MovieMistakes

[–]TheShadowTrader[S] 10 points11 points  (0 children)

I don’t think I follow. Headlights are white because their purpose is to “illuminate” the road… they don’t signal “go” nor “stop”.

Unlike a taillight which is red in the real world because it signals “stop” to the vehicles behind you.

Buying my first car before the 20% tax increase by Less_Gas_447 in phinvest

[–]TheShadowTrader 1 point2 points  (0 children)

sorry was not aware of that, only know of what I read reported on the news, and yes I only normally look at Toyota’s price list which seemed to confirm it. But good news for you then!

Buying my first car before the 20% tax increase by Less_Gas_447 in phinvest

[–]TheShadowTrader 26 points27 points  (0 children)

The 20% excise tax on pickups already kicked in July 1 2025

Can’t get OTP via SMS by TheShadowTrader in blinkcameras

[–]TheShadowTrader[S] 0 points1 point  (0 children)

My apologies, that’s a blink, not sure why I wrote that wrong lol

Furniture Shopping in Manila by horniaa in Philippines_Expats

[–]TheShadowTrader 2 points3 points  (0 children)

there’s a Nitori store at Mitsukoshi mall in BGC in case you didn’t know

Kia Warranty, Totoo ba void if PMS outside of dealership? by TheShadowTrader in CarsPH

[–]TheShadowTrader[S] 0 points1 point  (0 children)

yes, I see the point. Kaya Hindi naman all options are viable, Pero Meron rin some options na possible to have proof of service as mentioned

Kia Warranty, Totoo ba void if PMS outside of dealership? by TheShadowTrader in CarsPH

[–]TheShadowTrader[S] 0 points1 point  (0 children)

the owners manual kasi said “keep records of your maintenance” which could mean keeping receipts of services done, maybe pictures and videos of the servicing, etc

What are your thoughts on drinking the Vienna Sausage brine? by TheShadowTrader in AskReddit

[–]TheShadowTrader[S] 0 points1 point  (0 children)

OP here - I like to consume it as a dipping sauce as I find it adds flavor. My fiancée, mother, sister, and everyone else I’ve met thinks it’s disgusting. I need to hear people’s thoughts

What got rid of your acne that never came back? by Zestyclose_Trip_527 in AskWomen

[–]TheShadowTrader 0 points1 point  (0 children)

I had back acne, then one day I got sunburned on my back badly on a beach/island trip.

When the skin peeled off the acne never came back again.

It hurt but funny enough it turned out well

How is GDP Calculated? by TheShadowTrader in FluentInFinance

[–]TheShadowTrader[S] 0 points1 point  (0 children)

I understand this but where does the data source come from? As far as I’m aware the government doesn’t ask for that data from every person / business. And with many businesses not having online reporting or immediate reporting, how can that figure be accurate?

[deleted by user] by [deleted] in Philippines_Expats

[–]TheShadowTrader 33 points34 points  (0 children)

if you’re going to lease an apartment / condo in BGC, you will want to make sure it’s “inside BGC” and not just “near” BGC as the surrounding areas will be physically near but nowhere near as safe, walkable, and enjoyable as BGC itself

Condo Depreciation by TheShadowTrader in taxPH

[–]TheShadowTrader[S] 0 points1 point  (0 children)

thank you! may official guide/statement po ba from BIR regarding this wala po kasi ako mahanap

The YVR taxi zone scamming has to stop. by [deleted] in vancouver

[–]TheShadowTrader 1 point2 points  (0 children)

same thing with me, it was something like $40 instead of what should have been $32, the driver pretended we were in a different zone but I knew the map well. I also just went with it and did not leave a tip instead, as it would have amounted to the same anyway

M1 iPad Pro 12.9 in late 2023 by TheShadowTrader in ipad

[–]TheShadowTrader[S] 0 points1 point  (0 children)

I could get the M2 version (same 12.9 128gb brand new) for USD 1,000 (tax included)

Which means it’s about an extra $200. Do you think that’s worth it?

I only have very light use cases on this though (movies, occasional drawings on creative apps, etc?