Before investing think :

s-size - how much are u willing to invest

h-horizon - how long will u keep?

o-objective - para saan?

r-risk tolerance -

e-experience

Philippine Economy

1st Speaker

Edwin Susan

(fINANCIAL INDEPENDENCE)- a state of individual basta yaman na di na kailngan mag trabaho

Goal Setting: Importance (Focus, Motivation, Dedication )

1. Clarity - a clear sense of direction

2.

3. It measures progress

Building a Strong Financial Road MAP

1. assets the preset

PIES = Income, Expense (Cash inflow(income) - outflow(expense) = Discretionary Income(Actual) )

PSAL=Assets and Liabilities , (net worth = personal financial value)

pies

jumpstart Factor = natatangap an di buwanan

=Emergency Fund

psal ( financial statements)

=60 percent operating cost

investing activities (20 percent)

financing act (20 percent)

2. Defining short, medium, and Long term goals

1-5 yrs short

5-15 medium

15 and above

it is supposed to be (SMART )

vision board = future dreams

3. Priorities and allocation of resources

prepare an emergency fund

health fund

loss Income fund (life insurance)

Education Fund

Retirement Fund

4. Creating a milestone and action plan

goals give you a starting point

milestone the competition of smaller goals

need to design SAG

SITUATION :

ACTION: will determine the future (which is the goal)

GOAL :

5. plan and review and adopt

regularly review your goals' progress

adapt to changes

FINANCIAL INDEPENDENCE ( PRACTICAL STRATEGIES)

1. Multiple income streams

you - paper assets - real assets - business

2. Manage your debt

* not in cash you cannot afford it

good debt = increase professional value

bad debt = buy depreciated assets

20/10 rule in borrowing

you can borrow and what your monthly payments

settle your debts

SNOWBALL STRATEGIES

-zero debt to start savings

3. Maximizing Savings and Investing

VALUE OF SAVING = SURVIVING IN A FINANCIAL CRISIS

improve lifestyle and family lifestyle

achieve a retirement lifestyle

allocate savings = income - expense = savings

- = income - savings + expense

JUMPSTART FACTORS MEAN SAVING MEANS INVESTING IN THE FUTURE

NEWBIE INVESTOR: KNOW THE SAVING FROM TAXES, FORCED SAVINGS,

4. Continues learning, improvement, and mentoring

- vital for long-term success

5. Overcoming challenges and staying motivated

6. Deal with setbacks (be more resilient )

7. celebrate your milestone

end 1st speaker - edwin sison

2nd speaker - efren cruz

EnRich/'CDRW

CASH -

DEBT - should be manageable

RISK -

WEALTH MANAGEMENT -

no to :interest expense ,

save x invest x good debt +DuPont Model

PFA MODEL
NET INCOME REVENUES + REVENUE TOTAL ASSEST + = NET INCOM /EQUITY

DEBT MANAGEMENT
Manage Debts and Expense
Loss AVERSION
intensity of joy= intensity of pain

S - TICK
T -O
O- ONE
M- MINIMUM
P- PAYMENT

FRIA
- according to the law of man
-suspension of payments
-Voluntary Insolvency
-Involutary Insolvency

A -ASK FOR DIVINE GUIDANCE

S=SEEK THROUGHLY CAREFUL STUDY
K = KNOCK

4th spesker – Bit coin

Diversification
BITCOIN – DIZIGATION ASSESTS – digital gold
ASSETS STORE VALUE
Decetralization – there is no central source of ownership or failure
hedge against dollar

5TH SPEAKER
IMG – financial service