I am linking Rappler.com‘s Infographics simple explanation of the much awaited “Investment Grade” credit rating.
Just minutes before I got a feedback that Philippines got an Investment grade upgrade from Fitch Rating. Here’s the excerpt
Fitch said it had raised the country’s key long-term foreign currency issuer default ratings to ‘BBB-’, or investment grade, from ‘BB+’.
It added that the Philippines had experienced stronger and more stable growth than other BBB- countries over the past five years, and was expected to continue performing strongly with growth of 5.5 percent in 2013.
Expect investments to come pouring in the Philippines, this will be an exciting year for all.
My mom was offered a UITF (Unit Investment Trust Fund) by a BDO teller some months back. She was told that it would generate higher interest rate than the regular savings. She did try and bought P100,000 equivalent units on BDO Money Market Fund. She happily informed me that in just a week her money got an interest of around P300. She asked me if I wanted to do the same with part of my savings and I just told her to go ahead.
I never bothered about it, until I got into IMG and learned about the different financial options. So then I checked BDO UITF since most of our savings are deposited here.
I then decided to transfer my BDO Money Market Fund units to Equity Fund. It involved a higher risk but gives highest possible return from the UITFs offered. Did I make the right decision? I’ll share my experiences on the next post.
Most of my posts were concentrated on how and where I earn extra income online. Now I will also add topics on Savings and Investments, hoping you’ll learn something from them as well.
I’ve been regularly keeping a part of my salary as savings on local banks. Little did I know that there are other institutions or products that can give me higher returns than regular savings. I’m glad a friend introduced me to this and from then on, there is no turning back. I’m slowly building up my investment portfolio and learning at the same time. I learn though attending seminars, joining groups and by my (hit-and miss) experience.
If you are interested to join my personal finance journey, subscribe to my feeds or email me at ftly16 @ yahoo.com (without the spaces).
Usually a blogger starts with a free platform blog, then upgrade to own domain with free hosting stage then finally getting a paid web host for better services. I have multiple blogs and on different levels. Some are still on free platforms like blogger, tumblr or wordpress, some with own domains and some are with own web hosts. Ideally when you want to monetize your blogs, you have to get paid domains and web host. It’s sort of an investment.
And since I am not knowledgeable with html, css and other coding system used in blogging, I rely on help from other bloggers or reviews on which web host is most affordable, customer service friendly and reliability. I stumble upon this website which covers everything I need to know about web resources, hosting and more. They even have tutorials on the basics of blog hosting and other topics related to blogs or websites. It lists the top 10 web hosting companies with the different packages and attributes, giving me and other users the general idea on which web host to choose. There’s also the client reviews where it can further help in the decision making process.
It is great to see everything in one view without having to search for the individual web hosts out there. I’ve read the reviews by clients and it helped me to decide on which web host to get on my existing and future blogs. Now I just have to find time to check the tutorial on the basics of web hosting as I plan to do it myself, previously I ask blogger friends to it for me. I plan to start with one blog first. Wish me luck.
So if you need more information or undecided on which web host to get, check findmyhosting.com.