Cryptocurrencies at Financial Planning - page 3.

Edraket31

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Quote from: Experia on November 26, 2019, 12:54:35 PM

Kaya nga nakita ng mga insurance company na pagsamahin ang insurance at investment. Kasi siguro nakita nila na mahirap ibenta ang insurance lang mismo kaya naisip nila na isama ang investment, personally gusto ko na mag insurance with investment ngayon pero kung insurance lang parang negative ako. Kahit kumikita ka ng hindi kalakihan pwede pa ding pumasok sa investment at insurance 2k lang kasi minimum non monthly sa pagkakaalam ko.

Pero risky din kapag may investment, siguro self control na lang ng pera, okay ang insurance, pero need mong maging maingat dahil maraming kaso na nahirapan sila mag claim, kaya medyo hirap ako sa pagdecide ngayon, mas gugustuhin ko ba magkaroon ng insurance, or save ko na lang ng sarili ko and I will just invest on my own, para ka kasing nagiipon lang kapag may insurance ka, kapag may kasamang investment naman super risky.

Dabs

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The Concierge of Crypto

Hindi siguro proper financial planning, pero para sa mga tamad mag isip, at naniniwala sa bitcoin (or crypto in general), get term life at least 10 years, saka ka na mag renew o mag dagdag kung lumaki ang kinikita mo.

Then the rest, invest, buy coins, put in cold storage, keep it there. No guarantees but in 10 or 20 years, each 1 BTC is worth $100k to $1m. So makaipon ka at least ng 1 BTC, na hindi mo gagalawin until 20 years later, ok ang retirement mo.

Beyond that, invest in other traditional fiat investments, the better ones are index funds. Meron PSIEX, or Philippine Stock Index Exchange, nandun na lahat ng top 300+ Philippine companies that all make money, including San Miguel, lahat ng banko, Ayala, SM ... etc etc. Hindi ka malulugi unless bumagsak ang ekonomiya ng buong bansa.

Imagine mo, meron ka 1.0 BTC, 20 years from now, and it's worth $1m USD...

Kung coins.ph lang gamit mo, it will take 6 months to withdraw all of it. You don't even need to do that, just trade and withdraw what you need for the next 3 months, every month.

Experia

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Quote from: Yatsan on November 26, 2019, 12:08:52 PM

Quote from: AbuBhakar on November 23, 2019, 08:25:55 AM

Quote from: ?? on ??

Quote from: samcrypto on November 21, 2019, 06:53:26 PM

If mapupunta lang sa wala ang pinaghirapan mo at ang extra money mo, di ka makakaahon agad dapat needs vs wants.

For me insurance is a need po, I'm hoping na atleast every parents have life insurance.

Thanks for all the feedbacks,
If malaki laki naman ang bonus nyo better get insurance, the more na tumatanda kayo nagmamahal yung premium. Term is a good option dahil mura lang yun na kaya ibawas sa kita sa trading. Kaya wag ng panghinayangan pa.

Think of it...
Which one is better Having insurances and needing them? or need insurances and not having them? Huh

May ibat ibang priorities kasi ang tao, baka hindi kaya ng budget or Madami pang bayarin at gastusin. Ang hirap kasi pag kukuha ka tapos hindi mo na mahuhulugan sayang lang yung ibang Financial Advisor pa ang mahal ng plan na inooffer. Anung company ka kapag naisipan kong kumuha pwede bang magtanong baka next year mailagay na sa budget.

Exactly, ang insurance kasi dapat hindi siya pinaprioritize lalo na kung hindi naman talaga afford. Kung nasa average ka lang na kumikita ng sapat kada buwan hindi mo talaga kakayanin pa magkaroon ng gantong klaseng plano kasi ang insurance is for insuring you when your path goes wrong, siguro naman wala satin na nagiisip o gustong dumaan tayo sa ganon. At siguro yung iba wala ring tiwala sa mga mabababang insurance company, marami na rin kasing business ang nag sara dahil sa nalulugi sila at di nakakapagbayad ng mga claims dahil na rin sa mataas na competition level sa ibang naglalakihang insurance company. Ako wala pa kong napagkokonsultahan na insurance company sa kadahilanang di ko pa afford at baka masayang lang kapag hindi natuloy tuloy yung bayad.

Kaya nga nakita ng mga insurance company na pagsamahin ang insurance at investment. Kasi siguro nakita nila na mahirap ibenta ang insurance lang mismo kaya naisip nila na isama ang investment, personally gusto ko na mag insurance with investment ngayon pero kung insurance lang parang negative ako. Kahit kumikita ka ng hindi kalakihan pwede pa ding pumasok sa investment at insurance 2k lang kasi minimum non monthly sa pagkakaalam ko.

Yatsan

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Leading Crypto Sports Betting & Casino Platform

Quote from: AbuBhakar on November 23, 2019, 08:25:55 AM

Quote from: ?? on ??

Quote from: samcrypto on November 21, 2019, 06:53:26 PM

If mapupunta lang sa wala ang pinaghirapan mo at ang extra money mo, di ka makakaahon agad dapat needs vs wants.

For me insurance is a need po, I'm hoping na atleast every parents have life insurance.

Thanks for all the feedbacks,
If malaki laki naman ang bonus nyo better get insurance, the more na tumatanda kayo nagmamahal yung premium. Term is a good option dahil mura lang yun na kaya ibawas sa kita sa trading. Kaya wag ng panghinayangan pa.

Think of it...
Which one is better Having insurances and needing them? or need insurances and not having them? Huh

May ibat ibang priorities kasi ang tao, baka hindi kaya ng budget or Madami pang bayarin at gastusin. Ang hirap kasi pag kukuha ka tapos hindi mo na mahuhulugan sayang lang yung ibang Financial Advisor pa ang mahal ng plan na inooffer. Anung company ka kapag naisipan kong kumuha pwede bang magtanong baka next year mailagay na sa budget.

Exactly, ang insurance kasi dapat hindi siya pinaprioritize lalo na kung hindi naman talaga afford. Kung nasa average ka lang na kumikita ng sapat kada buwan hindi mo talaga kakayanin pa magkaroon ng gantong klaseng plano kasi ang insurance is for insuring you when your path goes wrong, siguro naman wala satin na nagiisip o gustong dumaan tayo sa ganon. At siguro yung iba wala ring tiwala sa mga mabababang insurance company, marami na rin kasing business ang nag sara dahil sa nalulugi sila at di nakakapagbayad ng mga claims dahil na rin sa mataas na competition level sa ibang naglalakihang insurance company. Ako wala pa kong napagkokonsultahan na insurance company sa kadahilanang di ko pa afford at baka masayang lang kapag hindi natuloy tuloy yung bayad.

TitanGEL

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Quote from: Sadlife on November 23, 2019, 10:23:43 PM

i'll chose wealth accumulation everytime para sa akin nasa diskarte naman yan simpre sa wealth accumulation di puro lahat invest ng invest dapat din merong exit plan or kung kailan ka mag cacash out para ma liquidify yung pera na prinofit mo at magsisilbing pang gagamitan mo for financial needs it doesn't mean na kailangan iwaldas mo lahat pwedi mo naman sya isave. So that's my perspective about wealth accumulation.

Wealth accumulation is my focus at wala pa akong balak kumuha ng insirance, pero pag dating sa wealth accumulation; hinde ako nag aall in pag dating sa investment dahil kinokonsider ko yung risks kasi alam kong malaking factor yun. Inaalam ko din kung kailan ako mag eexit o yung mas kilala sa tawag na cut loss.

lionheart78

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Quote from: AbuBhakar on November 23, 2019, 08:25:55 AM

May ibat ibang priorities kasi ang tao, baka hindi kaya ng budget or Madami pang bayarin at gastusin. Ang hirap kasi pag kukuha ka tapos hindi mo na mahuhulugan sayang lang yung ibang Financial Advisor pa ang mahal ng plan na inooffer. Anung company ka kapag naisipan kong kumuha pwede bang magtanong baka next year mailagay na sa budget.

Marami akong kakilala na ganyan ang nangyari dahil sa tagal ng bayaran, dumadating yung time na hindi nila nababayaran yung monthly terms dahil na rin sa kagipitan sanhi ng mga di inaasahang mga pangyayari. Pero tulad ng sinabi ni Dabs on the early replies na pwede naman kahit yung annual insurance lang ang kunin para di gaanong mabigat sa bulsa para sure na insured ang tao kung sakaling may di inaasahang pangyayari, makukuha ang pamilya.

Experia

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Quote from: Sadlife on November 23, 2019, 10:23:43 PM

i'll chose wealth accumulation everytime para sa akin nasa diskarte naman yan simpre sa wealth accumulation di puro lahat invest ng invest dapat din merong exit plan or kung kailan ka mag cacash out para ma liquidify yung pera na prinofit mo at magsisilbing pang gagamitan mo for financial needs it doesn't mean na kailangan iwaldas mo lahat pwedi mo naman sya isave. So that's my perspective about wealth accumulation.

Kahit sino naman wealth accumulation ang nanaisin tapos wealth diversification na lang after non sa normal na pinoy kasi since mababa naman ang kinikita ang nangyayare is kinukuha na lang nila ng VUL investment mura ang monthly secure ang future.

Sadlife

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i'll chose wealth accumulation everytime para sa akin nasa diskarte naman yan simpre sa wealth accumulation di puro lahat invest ng invest dapat din merong exit plan or kung kailan ka mag cacash out para ma liquidify yung pera na prinofit mo at magsisilbing pang gagamitan mo for financial needs it doesn't mean na kailangan iwaldas mo lahat pwedi mo naman sya isave. So that's my perspective about wealth accumulation.

dimonstration

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Dimon69

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Think of it...
Which one is better Having insurances and needing them? or need insurances and not having them? Huh

May point ka dito OP. Mas better ng meron pag kailangan kesa Kung kailan kailangan saka hahanapan. I remember na tinanung kame noong naospital magulang ko Kung may insurance daw. May iba pa kong kakilala like my Financial Advisor na 2 na insurance from different insurance companies.

Palider

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Wala pa akong insurance sa ngayon, pero salamat na rin @op at nagbukas ka ng thread para dito dahil ngayon ko lang nakita ang ganintong thread. Malaki ang maitutulong nitong thread mo para mabuksan ang isipan ng ating mga kababayan sa kahalagahan ng insurance lalo na tayoay mga bata pa at mabuksan natin agad ang ating isipan para dito.

Dahil malaki ang maitutulong nito sa future, sa ngayon kasi ay hindi pa natin naiisip ito, pero ang aksidente ano mang oras ay pwedeng mangyari at dahil mayroon naman tayong kita kahit papaano, ay mag invest na tayo sa ganito. Dahil mas mabuti na handa tayo kisa naman tumanda nalang tayo at walang makuhang benepisyo.

Baby Dragon

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Quote from: Vaculin on November 22, 2019, 08:58:08 AM

Personally, wala pa talaga akong insurance.. kahit life insurance wala but I've been planning that since meron naman tayong konteng kita sa crypto.

My priorities now is to invest but since I am not getting younger, I start to think of insurance like the follow.

1. Life Insurance
2. Funeral Insurance.
3. Health Insurance

4. House insurance,

dahil alam mo naman ngayon madalas na ang lindol,, buti sana kung pwede i "estap palagi ni pastor"...just kidding.

Gaya mo never pa din ako nakapag apply sa isang insurance hindi naman dahil sa hindi siya worth it pero kasi syempre kung yung perang nakukuha mo ay sakto lang, wala ka talagang magagawa. Kung tutuusin maganda yung mga idea na ganyan kasi mas mabubuksan yung isip mo kung ano talaga yung kailangan mong paghandaan sa buhay like gaya nga nung sinabi mo bahay, mas maganda nga naman kasi alam mong safe ka at yung family mo. Mas may kabuluhan 'to kumpara saibang bagay na pinagbubuhusan natin ng pera pero wala naman tayong napapala, gusto ko siyang itry kasi worth it naman siya at beneficial sa'yo maging sa family mo.

AbuBhakar

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Quote from: ?? on ??

Quote from: samcrypto on November 21, 2019, 06:53:26 PM

If mapupunta lang sa wala ang pinaghirapan mo at ang extra money mo, di ka makakaahon agad dapat needs vs wants.

For me insurance is a need po, I'm hoping na atleast every parents have life insurance.

Thanks for all the feedbacks,
If malaki laki naman ang bonus nyo better get insurance, the more na tumatanda kayo nagmamahal yung premium. Term is a good option dahil mura lang yun na kaya ibawas sa kita sa trading. Kaya wag ng panghinayangan pa.

Think of it...
Which one is better Having insurances and needing them? or need insurances and not having them? Huh

May ibat ibang priorities kasi ang tao, baka hindi kaya ng budget or Madami pang bayarin at gastusin. Ang hirap kasi pag kukuha ka tapos hindi mo na mahuhulugan sayang lang yung ibang Financial Advisor pa ang mahal ng plan na inooffer. Anung company ka kapag naisipan kong kumuha pwede bang magtanong baka next year mailagay na sa budget.

Vaculin

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Winding down.

Quote from: Experia on November 22, 2019, 09:24:33 AM

Quote from: Vaculin on November 22, 2019, 08:58:08 AM

Personally, wala pa talaga akong insurance.. kahit life insurance wala but I've been planning that since meron naman tayong konteng kita sa crypto.

My priorities now is to invest but since I am not getting younger, I start to think of insurance like the follow.

1. Life Insurance
2. Funeral Insurance.
3. Health Insurance

4. House insurance,

dahil alam mo naman ngayon madalas na ang lindol,, buti sana kung pwede i "estap palagi ni pastor"...just kidding.

Balak ko din sana kaso madami pang bayadin na nakaumang, maganda sana hanggat bata pa magkaroon na ng investment di mo din naman kasi masasabi atleast handa ka. Pagkakaalam ko bro merong VUL investment na plus insurance pa 2k per month sa inlife tanong ka na lang sa financial advisor nila.

I didn't include the investment plan because I am already investing here in crypto and I have a business just an SME that is also adding my monthly income. There are people who invite me about that but I am not interested, I just want all those I've mentioned.

I suggest you start your own business, if you know something about computer, maybe an internet cafe would do for a start.

clickerz

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Quote from: Dabs on November 22, 2019, 10:58:41 AM

If you really need insurance, for life, the first thing you should consider is term. Sa buhay lang ng tao meron ganito na tawag term.

Kasi sa ibang bagay, halimbawa sa product insurance, o credit insurance, o house insurance, o car insurance, lahat yung equivalent nila sa life ay term insurance din.

Sa opinyon ko, kung gusto mo ng ibang riders, mas sulit kung ikaw na gagawa hiwalay sa term, at term lang kunin mo para sa buhay mo. You can invest the difference in other traditional fiat investments like exchange traded funds or index funds, and get a higher return.

Yung mga insurance products na may kasamang investment, para yun sa mga tamad.

I worked for AIG / Philamlife, and my brother in law currently sells insurance, so hindi ko minamaliit ang trabaho nila. It's just the public don't really know what they're buying, or if they do know, then tamad nga sila mag segregate para sa buhay at para sa ibang investment, o gusto lang mag sayang ng pera (o itapon sayo kung ikaw ang ahente, kasi mas malaki commission mo if you sell anything "better" than term life insurance.)

Tama sir,though importante naman talaga ang insurance especially sa mga breadwinner dahil pag may nangyari dito, kawawa ang pamilya na maiiwan.

Ang insurance pala ay isa ito sa component o parte ito sa Financial planning.

Kinds of insurance

Ang VUL o variable link unit na inoofer para nga sa walang time maghanap ng mapaglagakan or in short nga sa mga tamad. Grin

@dabs sir no? Pero sumisikat ito ngayong product ah at dami na din nag oofer neto.

Licensed Financial Advisor din ako dati kaso di na naka renew. Wink

Dabs

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The Concierge of Crypto

If you really need insurance, for life, the first thing you should consider is term. Sa buhay lang ng tao meron ganito na tawag term.

Kasi sa ibang bagay, halimbawa sa product insurance, o credit insurance, o house insurance, o car insurance, lahat yung equivalent nila sa life ay term insurance din.

Sa opinyon ko, kung gusto mo ng ibang riders, mas sulit kung ikaw na gagawa hiwalay sa term, at term lang kunin mo para sa buhay mo. You can invest the difference in other traditional fiat investments like exchange traded funds or index funds, and get a higher return.

Yung mga insurance products na may kasamang investment, para yun sa mga tamad.

I worked for AIG / Philamlife, and my brother in law currently sells insurance, so hindi ko minamaliit ang trabaho nila. It's just the public don't really know what they're buying, or if they do know, then tamad nga sila mag segregate para sa buhay at para sa ibang investment, o gusto lang mag sayang ng pera (o itapon sayo kung ikaw ang ahente, kasi mas malaki commission mo if you sell anything "better" than term life insurance.)

Experia

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Quote from: Vaculin on November 22, 2019, 08:58:08 AM

Personally, wala pa talaga akong insurance.. kahit life insurance wala but I've been planning that since meron naman tayong konteng kita sa crypto.

My priorities now is to invest but since I am not getting younger, I start to think of insurance like the follow.

1. Life Insurance
2. Funeral Insurance.
3. Health Insurance

4. House insurance,

dahil alam mo naman ngayon madalas na ang lindol,, buti sana kung pwede i "estap palagi ni pastor"...just kidding.

Balak ko din sana kaso madami pang bayadin na nakaumang, maganda sana hanggat bata pa magkaroon na ng investment di mo din naman kasi masasabi atleast handa ka. Pagkakaalam ko bro merong VUL investment na plus insurance pa 2k per month sa inlife tanong ka na lang sa financial advisor nila.

Vaculin

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Winding down.

Personally, wala pa talaga akong insurance.. kahit life insurance wala but I've been planning that since meron naman tayong konteng kita sa crypto.

My priorities now is to invest but since I am not getting younger, I start to think of insurance like the follow.

1. Life Insurance
2. Funeral Insurance.
3. Health Insurance

4. House insurance,

dahil alam mo naman ngayon madalas na ang lindol,, buti sana kung pwede i "estap palagi ni pastor"...just kidding.

samcrypto

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Vave.com - Crypto Casino

Quote from: Wapfika on November 21, 2019, 10:26:29 AM

UPDATING....

Sa panahon ng 13th month pay and bonus, saan nyo plano gastusin ang mga ito?

I have clients met for Life Insurance this month and I also introduced Bitcoin to them for some chit chats.
Since they are conservative investors hindi pa sila ganun ka interesado sa BTC. Ang tagal din nila pinag-isipan ang pagkuha ng VUL just influenced by our common friend. Now since were into crypto na, will you consider using your 13 th month for Life Insurance or add nalang sa holding especially now that the market is dropping and it's a good chance to buy at lower price.

Probably will buy more bitcoin, kung titignan mo ang presyo ngayon ni bitcoin sigurado akong maeenganyo ka bumili ng bitcoin. Yes marame talaga sa atin ang takot mag take ng risk pero hinde naman dapat ganun ka nalang forever, minsan need talaga mag take ng risk. If mapupunta lang sa wala ang pinaghirapan mo at ang extra money mo, di ka makakaahon agad dapat needs vs wants.

Wapfika

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Bitcoin makes the world go 🔃

UPDATING....

Sa panahon ng 13th month pay and bonus, saan nyo plano gastusin ang mga ito?

I have clients met for Life Insurance this month and I also introduced Bitcoin to them for some chit chats.
Since they are conservative investors hindi pa sila ganun ka interesado sa BTC. Ang tagal din nila pinag-isipan ang pagkuha ng VUL just influenced by our common friend. Now since were into crypto na, will you consider using your 13 th month for Life Insurance or add nalang sa holding especially now that the market is dropping and it's a good chance to buy at lower price.

Wapfika

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Bitcoin makes the world go 🔃

Quote from: Beparanf on October 17, 2019, 10:40:17 PM

If 2k for 5 years, hanggang ilang taon coverage nun? Mura na yang 2k per month since yung iba 10 to 15 years to pay. May plan din ako this December kaso namamahalan pako. Iconsider ko siguro muna yung Term Insurance na pwede iconvert sa VUL after awhile sabi nung taga insurance company na nakausap ko.

Nakadepende ang amount sa kukunin plan if may kasamang for health, accident, hospitalisation and investment. Depende sa edad ng kukuha, budget at kung ilang taon nila prefer bayadan yung plan. Iba iba po basis and needs to consider. Kaya need din po makipag-usap personally sa agents or consult financial advisors para makapili ng plan at madiscuss ang Financial Need Analysis nyo.

Topic: Cryptocurrencies at Financial Planning - page 3. (Read 1887 times)