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26/09/2024

Pag gusto may paraan, pag ayaw may dahilan! Sikap araw araw nomads :)

Cash Dividends Vs. Stock Dividends🖤🤍
12/09/2024

Cash Dividends Vs. Stock Dividends🖤🤍

Anong dividend type ang suited sa’yo? 📈

Today we’re discussing the key differences between cash dividends and stock dividends so you can get an overview of each and which you should go for. You can choose one and focus on it or do a mix of both and see what works better.

Having the right platform can help you make better decisions. Look through all your dividend stock options and maximize the tools provided by InvestaTrade before investing.

Sign up for free at https://invs.st/InvestaTrade2

02/11/2023

Series 20 – Ugly Business

Doing business in the Philippines can be so complex. It's not easy. Some ventures are very sophisticated in terms of registration and application.

Other stints might seem easy to establish, but the challenges of entrepreneurship are always present. Don’t get me wrong; success can still be achieved even if you are a small business owner.

Hard work works! But sometimes, dealing with government offices can be overwhelming.

-Trucking Industry-

If you offer hauling services to clients, besides paying for the business permit, you must first register your truck at the Land Transportation Office (LTO). You must also submit specific documents to the Land Transportation Franchising and Regulatory Board (LTFRB) to obtain a franchise for your truck.

A trucking membership is also needed. You can choose from the three transportation groups: HATAW, ACTO, or CTAP. To enter the port, you must also apply for a permit at the Philippine Ports Authority (PPA) to be eligible to enter their premises. If your company serves a client inside a Philippine Economic Zone Authority (PEZA), specific requirements must be presented at their office to enter their premises.

A “cute” sticker will be the proof of your membership to these institutions.

One missing document, and you might just be lucky to find your truck impounded by some crooked traffic officers lurking around Metro Manila.

This trick of enforcers might just be one of the most dumbfounded incidents that can happen to your innocent vehicle. You might also be towed even if your truck functions properly just because they found something missing with your documents. F>C%!

All of these things plus the many expenses you needed to shell out to sustain the operations of your humble company.

Big players in the industry might brush this off, but to small, thriving entrepreneurs, this might be overwhelming.

I'm curious how government agencies work with too much complexity. Aren’t they tired of it? Can this be solved in a one-stop office so people would be more engaged to do business and contribute to a growing economy?

-From Big Players to the Humble Sari-Sari Store-

Interesting stories can also be learned from foreigners doing business in the Philippines.

One interesting story I heard from an individual working in a large corporation shared that her boss felt frustrated about doing business here in our country. There are just too many people that you need to “PAY” (LAGAY=LAGYAN NG PERA=BIGYAN=ABUTAN=TAN***A) in order for your business to operate smoothly.

The boss commented, "Your country will find it hard to succeed with this kind of system.”

Even if our country would place the best Leader we can ever have on the government, it seems that “WE” are our own source of cancer.

From the most complicated things to operate, our humble sari-sari stores also share some interesting encounters in their daily operations. If you sell 100 meters away from a school, selling liquor and ci******es is prohibited.

As a “tindero,” sometimes you just can’t catch a break. I wonder if this rule saved the health of minors who sit in front of their computers all day long to play games of “killing-themed” games.

Your mini-store is also subject to checking by city hall inspectors who investigate if you have your permit. Your store, which earns approximately 300 pesos daily, still needs to appear at the city hall if you are flagged down by some city hall checkers.

From the Bureau of Internal Revenue (BIR) to City Hall Permits, endless payments to the government are made. Can this money finally solve the many things that bother our system?

-Make it Simple-

Despite all of the tax collection done, are we just making our lives more complicated and miserable? Doing business here in the Philippines would be more progressive if the system were more straightforward and uncomplicated.

Penalties are imposed on people who make a mistake in dealing with government offices.

What about the government? Who will impose penalties on erring government offices? Who will penalize those arrogant government employees who don’t even do public service? Who must be accountable for the backlogs of car plates and ID cards? If they are late, would they be flagged for it?




13/09/2023

Invest WISELY 😎

21/08/2023

Tipid tips!

21/08/2023

Embrace new technologies!

10/08/2023

Letsgo!

Time to say good MPI :(
10/08/2023

Time to say good MPI :(

With Metro Pacific Investments Corporation's (MPI) intention to delist, MPI launches its tender offer of Php 5.20/share.

If you're eligible for the tender offer, you will see a Tender Offer Banner at the home tab of your COL account.

*****

To see the full details, log in to your COL account and go to COL Announcements and click on ”Update: MPI Tender Offer and Delisting."

To know how to subscribe to a tender offer, you may also check bit.ly/COLtenderoffersteps

Aray!
10/08/2023

Aray!

ABA 😱

How can we apply stoic principles in our finances?
06/08/2023

How can we apply stoic principles in our finances?

Marcus Aurelius wasn’t magically Marcus Aurelius. Cato wasn’t born that way. All their virtues–their assiduous self-control, their patient wisdom, their commitment to justice, their courage at critical moments–this didn’t just happen. It wasn’t a biological freak event.​​​​​​​​​​​​​​​​​​It was the result of hard work.

02/08/2023

WALANG MAGBABAGO KUNG DI KA MAGBABAGO.

Personally I don't complain anymore sayang kase sa oras.

Di na ako naniniwala sa complain, alam ko kase na kung ano man nangyayari sa buhay ko ngayon eto ay dulot ng mga desisyon ko sa past.

Whether I like it or not, ginusto ko to ako lang din makakasolve nito.

If you're looking for a change in your life, sali kana sa community namen libre lang to: http://10xyourlife.ph/

02/08/2023

PHILIPPINE AIRLINES INTRODUCES NON-FUNGIBLE TOKENS

The Philippine Airlines (PAL) revealed its exclusive collection of non-fungible tokens (NFTs). This portfolio consists of eight works of art, each worth $5,000.

The collection of limited digital collectibles are being made available by PAL in partnership with the Philippine Blockchain Week (PBW), an event that highlights the use of innovative technologies such as the blockchain, cryptocurrency and Web3 this September.

Read more here: https://business.inquirer.net/413594/pal-launches-non-fungible-tokens

01/08/2023

In a nutshell, a blue chip stock is a stock issued by a large and well-established company with a solid financial track record.

Stay safe nomads!
01/08/2023

Stay safe nomads!

24/07/2023

Later today, President Ferdinand "Bongbong" Marcos Jr. will address the nation. On a scale of 1 to 10, what grade would you give BBM?

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