The top spot was held by Microsoft’s Bill Gates for the last 13 years. This time it’s Warren Buffet’s turn to be on the top of the list. Warren Buffet is a personal role model because

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For those who are new to investing in the securities/stock market or those who do not have time to monitor their portfolio closely, mutual funds provide a good alternative of getting oneself invested. What is a Mutual Fund?

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One effect of the strong Philippine peso is the smaller value of foreign currencies. One approach in maintaining the relative value of foreign currencies is to save or invest in the foreign currency. This means that OFWs can choose to retain (not convert) their foreign currency, save/invest the foreign currency and come back to it [...]

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A story on PinoyMoneyTalk described how once again some Filipinos have been fooled into investing in what turned out to be a scam: Royal Manchester Five. It’s a very similar story that we’ve heard before. See the Francswiss story on eOFW. Promises of extremely high returns (4-5% per month) attracted people to invest from P200,000 [...]

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The LandBank of the Philippines has a set of remittance services that leverages the presence of their Land Bank offices in foreign countries such as Italy, Japan, Singapore, Taiwan, UAE, Kuwait and the US. Their remittance service is hinged around being able to transfer funds from a local LandBank account to a foreign currency LandBank [...]

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Excerpt from an article on GMANews.TV: MANILA, Philippines – Even before it gets off the ground, militant migrants groups’ “no remittance day” campaign is already creating discomfort for the Bangko Sentral ng Pilipinas and Malacanang. Deputy presidential spokesman Lorelei Fajardo described the move as “irresponsible and tantamount to economic sabotage.”

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