eOFW

Information on financial and communication services for Overseas Filipino Workers and their families

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iRemit meets OFWs remittance needs, and then some

Posted in June 25th, 2008
by ka edong in Bank Services, Investing, Uncategorized

I’ve observed iRemit’s strong presence in many different countries. Many of my friends in Singapore tell me that iRemit is their preferred remittance service.
In this article, we take a look at iRemit’s wide menu of services and features and how OFWs around the world can avail of the service that best fits their needs.
About iRemit
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Popularity: 3%

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Inflation and your Investment

Posted in June 19th, 2008
by noelle in Financial Literacy, Investing

One of the factors that can eat in significantly to the returns on your investment is inflation.
So what is inflation and how does it affect your investments?
Popularity: 4%

Popularity: 4%

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No Load Mutual Funds

Posted in May 21st, 2008
by ka edong in Investing

I bought a second hand book yesterday entitled “Get a Financial Life” by Beth Kobliner. In the first few pages, I learned a couple of interesting finance principles. One principle that caught my attention is the “No Load Mutual Funds“.
I’m particularly interested in this because my current Mutual Fund, PhilEquity, charges a sales load of [...]

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Long-Term Negotiable Certificate of Deposit (LTNCD) - Land Bank’s Investment product for OFWs

Posted in May 10th, 2008
by ka edong in Investing

The Land Bank of the Philippines has an investment instrument for OFWs and their relatives that offers 7% yield and exemption from 20% tax if held until maturity of the 5 1/2 year term.
Evaluate the investment closely. And if you decide it’s a good investment for you, act fast because the public offering period ends [...]

Popularity: 4%

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Investing in Real Estate - Bahay Financial Services

Posted in May 7th, 2008
by ka edong in Investing

In 2006, I invested in Real Estate. I purchased foreclosed properties in Cavite, renovated them then rented them out on a rent-to-own basis. I pay the bank a certain monthly amortization and collect monthly rent from my tenants. The difference between my monthly amortization to the bank and the monthly rent I collect is my [...]

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Dollar Secure 88: Insurance and Investment plan

Posted in May 5th, 2008
by ka edong in Investing

Here’s another combination of insurance plan and investment from the #2 (soon to be #1?) bank in the Philippines: Banco De Oro.
Dollar Secure 88 Benefits:
Popularity: 3%

Popularity: 3%

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