Did you try to request for a new virtual card? Getting a new card number and CVV may solve your issue. If you are using a physical card, try getting a new/replacement card.
Usually, these online merchants (Netflix, Spotify, etc.) uses the same payment gateway. They're likely using Stripe. Once one merchant reports your card as "fraud" or detects unusual activity, it will be labeled as "high risk". Stripe will take note of that and will block the same card whenever it is used on other merchants. It's a security feature Stipe implements that work well for both the merchant and customer.
Until you get a replacement card, try other payment methods. One of which I can recommend is the GrabPay Virtual MasterCard. I like it and you can earn points which you can enjoy for various things such as GrabFood voucher, Lazada voucher, etc.
I was in a similar situation in my early 20's but yours is tougher. I believe the best thing you can do right now is to increase your income as much as you can. The more you earn, the more you can invest. Go abroad if you have to. Salary levels in Pinas are shit. In my case, I accepted more and more freelance (programming) work from abroad and eventually quit my corporate job. I started with about $11/hr and was able to find a good and stable client willing to pay $30/hr after a couple of years. That was last decade. You may be able to get more now.
For investing, please start with reading The Intelligent Investor. It's worth it even if you eventually go with a different investing philosophy. I can only honestly recommend managing your own stock (and other assets, if you want) portfolio. If I went with funds, the value of my investments would've been worth just 10 to 15% of what they are now. But there's no guarantee that the same performance can be replicated, so you really have to find what works for you. I graduated with no honors so you're probably smarter than me. I'm sure you can do this :D.
If I had 100k lying around, I'd invest it in one of many etoro CopyPortfolios, and leave it there for a good 5 years.
Also, I highly recommend seedin, as I did on another post.
Marriage = union = becoming one.
A lot of landmines handling separate finances - some can handle, a lot don't.
Example - you had already contributed "your" share from "your" income. Your spouse's income is not enough for her share. What do you do?
What if your spouse loses job? Does that spouse lose a voice in deciding family financial matters?
Unless you do some legal gymnastics prior to marriage, the outside world will view your finances together.
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One possible approach:
All money earned during the marriage belongs to the conjugal pot. All expenses are taken from conjugal pot. Aside from small allowances, there is no "mine" or "your" money. All of it is "our" money.
Financial goals are discussed and agreed upon as a couple - and taken from the conjugal pot.
Administrative financial tasks are handled by the spouse best suited - e.g. someone is better at nitty gritty budgeting for the home? Then that spouse does it. Someone is more well-versed in investments? Then that spouse handles it. All of which are subject to the agreed upon financial goal setting (big picture).
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If you value your independence, you should think really hard and really long before getting married.
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PS. This book might be helpful given both of your backgrounds coming from broken families:
https://www.amazon.com/Running-Empty-Overcome-Childhood-Emotional/dp/161448242X (there's an audio book version, as well)
Hey OP, try finding freelancing work sa Upwork.com or similar freelancing sites. Join FB groups din related to freelancing. If you have LinkedIn, check for openings both in-person or online jobs. Find a niche and focus on that. Start ka muna sa entry level niche then upskill.
A lot of people are suggesting using Excel, and it's a good tool really. Pero I find that manually setting-up the "automated" things (e.g. drop-down options, thinking of categories, etc.) in Excel can sometimes be time-consuming, not to mention tedious, especially kung simple cash flow monitoring lang naman yung goal mo. I suggest using a mobile app instead, like Money Lover since we all usually carry our smartphones around anyway. There's also an iOS version.
After installing, just be sure to enter each and every transaction, debt, or sale made. You can then get a quick summary of the cash flow, and if you organized stuff into categories, you can even get a per-category view.
I remember eToro only offers CFD and that's what stopping me before too. However I think they now offer stocks where you own the underlying asset:
I still prefer GoTrade though.
Sa side ni client need nya lang i connect yun debit card nya to TW then every transfer ni client derecho na sa debit card mo. May comparison sa website ni TW about conversion rate and fees
I have many ebooks. Any suggestions on how to share them without using dropbox or googledrive?
Edit: I uploaded the files here: https://transfer.pcloud.com/download.html?code=5ZUG627Z3un9aAmC3j4ZwVlbZYI6RUor1pUB2xYrrfo4KQfRKWCy7
The files will be automatically deleted on Aug 1.
I'm going to borrow from Dr. Damodaran (I'm obsessed with him lately). Say you've been picking your own stocks for decades. In your deathbed, you find out that the market made 10% per annum and you've made 9%, will you regret ever picking your own stocks instead of just going with index funds? If your answer is yes, just go with index funds. You'd be better off than most people that don't invest. You can open a COL or First Metro account so you can invest in dozens of mutual funds and the FMETF, and maybe save some money on fees.
I do believe we can beat the market and I recommend picking your own stocks. If all you're doing is letting other people invest your money, you're not really financially literate. I encourage you to educate yourself first. Start with The Intelligent Investor. You may end up with a method that doesn't really agree with its teachings but it'd still be worth it. Learn as much as you can right now about different strategies and methods. Eventually you'll find one that resonates with you.
When you think you're ready, I don't recommend just putting your money on one stock. Even if the company seems perfect and you've researched everything about the company and the industry, they could still lie, make mistakes or suffer something catastrophic.
P20k is a good amount. It's more than the minimums needed for funds.
Alright, let's answer:
>2 Fastest:
Forex. I've tried it and it's good, but very risky. Lots of things can affect exchange rates, like GDP announcements, announcements by certain countries' leaders, unemployment rate announcements, etc. Good news = that countries' currency will improve against the other one in the pair, bad news = opposite.
>3 Safest:
I recommend a low cost index fund (I wrote this article so check it out if you have time). Read the prospectus to determine if it's a PSEi index, and check if the management fees or all the fees cost less than 1%. The lower the cost the better.
>1 Wisest:
Put around P18k in the bank, use the P2k to buy good personal finance and investing books.
I recommend "The Boglehead's Guide to Investing" (It'll teach you a bit about personal finance, stocks, bonds, mutual funds, treasury, etc. - it's an all rounder), "Summary of The Intelligent Investor: by Benjamin Graham and Jason Zweig | Includes Analysis" on Amazon. It's a $5 ebook, and it contains the basics. Get and read the full version if you can though. Other ones I recommend: "The Motley Fool Million Dollar Portfolio" by the David and Tom Gardner, "The Single Best Investment" by Lowell Miller, "The Strategic Dividend Investor" by Daniel Peris. If you want to invest in stocks, buy books about investing in stocks. When you've learned more, then you take out the P18k and start investing in what you want.
Protip: Long-term investing in excellent companies is a good strategy. Beware of brokers/companies telling you about stocks to "buy now" and "sell now". Don't forget, whether you win or lose from that transaction, the broker earns transaction fees from every trade you make.
(Edit: Formatting.)
I use a separate budgeting software, which is already really good! It was never a good place to track my investments, though, so this is spreadsheet is to just get a snapshot of my all my holdings at the end of the month.
Crypto lang ang CFD. Stocks are actual ownership similar to other brokers.
You can read it here
I follow Hugo Manenti. https://www.etoro.com/people/hugomanenti95
I started a week or 2 into February. Medyo malas kasi that was right before a lot of stocks dipped. Was negative until this month lang. Glad I didn't panic and pull out my funds haha
made this Tool to
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i could be wrong but the original charting tool and concept is from tradingview.com local brokers/websites prolly have a subscription to that site for fair use of that tool.
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I just got lucky ending the year on a Positive side
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possible. we sometimes like to think we have a magic ball in this but at the end of the day it seems identifying bull and bear cycles with positive volume is more important above everything else.
The way we teach money to my kids and how to earn one is using habitica wherein the players are the entire household and us the parents setting tasks and milestones. The more tasks they accomplished and we parents auditing their work, the more points they get.
Speaking of points I try to incorporate the meaning of Crypto-currency by making my own habitica point to Peso exchange. For transparency within the household, the pips are depending on my earnings on day-trading. So the higher the available balance, everyone in the household is happy. When I make a withdrawal to pay monthly household payables, everyone is discouraged to exchanged at a lower rate.
This has been working for us for almost two years. And the kids completing tasks for their ML, Blizzard, Steam, etc.
Use Shopback for cashback. Kahit di na ganun kalaki cashback today.
Pros:
Cons:
I've tried several options in budgeting:
Hi! I buy them on Binance. You can learn how to do this on this subreddit's crypto FAQ here: https://www.notion.so/Crypto-FAQ-f70f8575e2b14b41b6472ab874222b0b
For online shopping and registering on online sites I keep an exclusive "money" email just for that. No one knows it exists.
Personal communiques are in a public email address.
My PH bank only has that email address in that system but surprisingly a phishing scam tried to use my personal communique email address to phish me. I instantly knew it was a scam.
Reported it immediately to the bank as it originated from their employee's work computer that I was corresponding with using my public email address.
I also do not go to sketchy websites. Hentai, porn, etc.
I use https://adblockplus.org/ that filters out a lot of ads that could have phising list. It helps speed up the internet for me. Ideally my 3rd party router/gateway would do adblocking at that level and not have my computer or any devices get it.
Since 2002 I use Firefox for 80% the time, Safari 19% the time and Chrome 1%. Microsoft browsers are not known for stellar performance.
I use iPhone, iPad and Mac 99% of the time unless I veted the Windows 10 PC myself.
Apple's thrust is that so long as your Apple device has the latest iOS, iPadOS, macOS or watchOS it will be near impossible to be compromised.
That is ok OP, you'll reap the rewards later. Naalala ko dati nasa parehas na kalagayan tayo. Junior Software Dev lang ako pero ako ang pinang all-around nila. Support, Database, Front-end, Backend, kahit work ng Senior ginagawa ko na din dati. Di ganon kalakihan ang sweldo pero busugin mo lang muna ang sarili mo sa knowledge. Just give it some time, di mo alam after 3-4 years mag 5x ang sweldo mo. As a context, 2015 graduate pala ko and first job ko I was earning 18k/mo, I now have 5x of that. I am not bragging, I just want to give you encouragement. Lahat ng learnings na yan may pupuntahan yan. Samantalahin mo habang bata ka para i-absorb yang mga yan. Goodluck OP.
To answer your question, sa ngayon just give it more time. Tataas din ang income mo to the point na di mo na kakailanganin ng side-job. Focus on learning. I assume nasa tech industry ka so nasa right path ka. Do some reading, 2-3 years ago nagbabasa lang ako sa dev.to ito yung naka inspire sakin na mag commit lang sa software development. Again, goodluck!
I'm not sure about this, but based on this link it seems that unleveraged ETFs are not CFDs in eToro? https://www.etoro.com/customer-service/help/1430804/what-do-i-purchase-when-i-open-a-position-on-etoro/
Hi! Pwede mo gawin yang Graphic designer as your main skill hindi naman dapat talaga na nasa web development field ka lang kung mag freelancing ka. Challenge lang sa freelancing is to find a client kaya may mga website na para jan like Upwork.com pwede ka mag create ng account mo once ma approve you can start building your profile find jobs kahit small paying lang muna para lang sa feedback.
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Malawak kasi ang term na web development pero na mention mo naman yung term na web development pero para sa akin lang is kung may gusto kang matutunan pag aralan mo lang maraming crash course , kabisahin ang mga syntax at elements ng language na gusto mo matutunan. Pag advance ka na kunwari sa HTML , CSS , Javascript , PHP pwede mo na i check yung WordPress kasi yan yung malakas demand sa ngayon madali lang din matutunan lalo na pag may page builder kang gagamitin.
My hours right now is flexi pero kadalasan minimum 8 hours talaga per day kasi multiple clients ngayon.
Just to add wise.com would give you a international bank account in USD or EUR. Then you can transfer back to your PHP account in a consolidated way and make your tax accounting easier
I was also doing mutual funds for over a decade and it has given me fortune. But now i am doing all stocks and no longer has any mutual funds.
I suggest before going into stock buying get all the knowledge you need. Read books. I suggest Trade Like a Stock Market Wizard by Mark Minervini. He’s a trader but his insights in the stock market are eye opening.
Could be. Though I think you just have a better temperament. I may have misinterpreted your question. If with "getting the hang of it" you meant starting to feel like you know what you're doing, for me it was after reading The Intelligent Investor (I sound like a broken record :D). That's when I started to develop a method.
I'm earning real cash from DigiWards, the HIGH PAYING Reward App! You can also earn money by entering my invitation code WZJDJ3 to get free 1,000 points.
Download DigiWards now to earn big rewards! https://play.google.com/store/apps/details?id=com.digiwards.app
The 2 out of 10 Filipino households who make more than 30k/month are probably have fiber or are migrating to it on a plan that is 1,699-3,000 or higher.
When you do a bandwidth test at https://www.speedtest.net/ it will give you metrics like ping, jitter, download, upload and rating.
The "rating" will declare which percentile your account's plan is at.
Like "Faster than 99% of PH" if you're on 20Mbps or faster.
It appears that the bottom 99% of accounts are mostly 20Mbps or slower.
These accoutns comes out as less than 1,699/month.
Cursory search would yield a fee of 999-1,500/month or cheaper for these accounts.
At the bottom plate of the PLDT Fiber Modem there is a sticker on the upper right corner for the PLDT hotline.
Plan 990-3,000 calls 171/172. So bottom 99.9%
Plan 3,500 & higher calls 101-3427. So top 0.1%
I suggest to use Wirex.
It's similar to a digibank but for cryptocurrencies. It has a Visa debit card but you have to pay for it and wait for delivery from Singapore.
It supports multiple fiat currencies including JPY. If you set your JPY "account" as the connected wallet to your Wirex card, the exact amount of JPY prices will be deducted from your account, no extra fees.
BONUS: It has cashback but with onerous conditions.
Personally, I use it to pay for my USD purchases to avoid foreign transaction fees. Do note that like Wise and Paypal, some users are experiencing horror stories when they use it.
I'm still learning as well. Read my man. Start with THIS BOOK as foundation. May the odds be ever in our favor.
I got this and it's better than the one with the tailbone thingy. I got both. The other one I just use for driving. Apolinario Mabini Butt Comfort
What fixed it for me was to temporarily remove the "Threat Protection" that's part of my NordVPN account (which is always on, even if I do not use a VPN at the time) and then it all worked perfectly. It could be any type of Adblocker, Ghostery, etc., try anything you have like this, disable it, and see if it gets fixed.
Ewan ko sa 'yo, richboy elite wannabe, puro ka Car, Car, Car! Haba-haba mong mag-explain, ganyan ka ba ka-invested emotionally sa mga sinasabi ko? Hahahaha pati pagbabasa ng book ginagawa mong personality. Kung ako sa 'yo, continue mo lang ang pagjajakol mo sa thought na magha-hire ka ng Arsonist para sunugin ang mga Skwater's Children para protektahan ang imaginary land ng family mo hahaha. Wala namang masamang mag-imagine, basta do not confuse it with reality. Halata namang wala kang property bukod sa reddit account mo hahahaha. Anyway, hindi pala kasama sa yaman ang reddit account at feeling matapobre opinions ah. Baka sinasama mo sila sa net worth mo pati ang upvotes kaya akala mo mayaman ka hahahaha.
I have a book to share with you. I know you really need it since I know na after mong mag-reddit, balik ka na naman sa reality na hindi ka naman katulad ng pino-portray mo dito hahahahaha.
I forgot the name of the original app that I saw. There was a map that listed the there for sale products
I use both Ivy Wallet and Money Lover
Both apps satisfy your conditions.
Here's a FAQ of resources if you're new to crypto, compiled from efforts in the Discord. Got a few more PH-specific mentions in there too https://www.notion.so/Crypto-FAQ-f70f8575e2b14b41b6472ab874222b0b
You can’t really compare both forex conversion and managements fees in terms of performance.
Try to compare ETFs in Gotrade and GInvest funds and you’ll see huge significant different in long-term investing.
https://www.omnicalculator.com/finance/expense-ratio
Btw, management fees of GInvest is not just 1%. You need to add the mgt. fees of the fund they’re tracking as it affects your NAVPs
You can use Bitwarden. It's an open source password manager. Then, you can setup Emergency access function. It will basically allow you to set an emergency contact and that contact can request emergency access, if the request lapsed (depending on how long the grantor set it up), the emergency contact will be able to access your vault. You can add add notes there as well, not just passwords.
Why do you want to invest? Anong end goal mo for it? Answer this and do your research if anong investment ang magfifit sa goal mo :) You can read from the FAQs of this subreddit kasi there are tons of valuable information you could learn just by reading from here.
Always go back to your why para if something came up unexpected, your why will answer if it's worth it to stop what you have started which is why everything should be planned accordingly with a goal :) -- this applies not just with your finances, but all aspects of life.
As for the insurance, you don't need life insurance if you're not a breadwinner. BUT instead, go for a health insurance - focused on critical illnesses. Research and compare term and whole life plans with critical illnesses. Get the best value for your money.
If you don't have HMO yet, ito yung starting point for your risk management tools. Insurances are there to mitigate any risk for financial loss. It's not an investment, but an expense which could be your source of income in times of uncertainties.
Lastly, before getting into insurance and investments. Kailangan mo ng EF, this varies na with a person, but the normal recommendation is that you should have at least 3-6 months of monthly expenses, but this could vary accordingly. Again, may reason ulit :)
Remember every financial decision that you will make should have a reason and a goal.
If you need guidance, feel free to message me. I've been teaching teenagers na rin with personal finance so you might find and learn something valuable from me. Free of charge and commitment.
https://calendly.com/renzraymundo
Good luck and God bless your journey! :)
According to this Forbes article,
>Firms are required by law to keep client assets separate from firm assets at all times. This is due to a U.S. Securities and Exchange Commission (SEC) rule known as the Customer Protection Rule. This rule ensures that a stockbroker who runs into trouble can’t just spend the money in your account to stay afloat.
Furthermore, since Charles Schwab has already acquired TD Ameritrade, I think it would be best to refer to their asset protection guarantee:
>The Securities Investor Protection Corporation (SIPC) was created to protect against the loss of customer assets at brokerage firms. SIPC offers protection of up to $500,000, including a $250,000 limit for cash, if a brokerage firm fails, and covers most types of securities, such as stocks, bonds, and mutual funds. SIPC does not protect against losses caused by a decline in market value.
Going back to the Forbes article, in the case of a brokerage firm shutdown, a liquidation process takes place and you will be guaranteed your assets via SIPC protection if (and only if) you cooperate with their claims filing within the particular deadlines set.
Ah, I think more flexible/options if USD pumasok basta client can send thru ACH para no fees since Wise already started charging for for Inward Wire Transfers. https://wise.com/gb/pricing/receive
flexible in terms nung example ko nung una na I use it to deposit to a TDA account through Direct Debit, para wala ng conversion fee.
at meron din atang psychological effect yung nakikita ko na nakakasave ka in different currency but that's just me.
>Save it at Notes and lock it with Face ID or password.
Like google keep? onenote? inotes? mas okay parin isaved sa password manager kase naka encrypt eto lage. most note applications ay plain-text based lang and most cloud providers has access to it
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>If you use PayPal, Skrill, or any other online payment you have to create a new email address for online payment. (There are merchants that have poor security if they are breached you minimize your loss to that online payment account only.)
May tinatawag na email aliases, kung naka outlook ka you can create up to 5 or simplelogin.io similar sa hide my email ni apple. ifoforward sa email mo
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>Passwords should be phrase like “Ang ganda ko talaga.” Tranform it to u/ngGndk0tlg. —reminder this is an example only. 😂
Generating password from password managers is much safer which is unique per account. let say you have "@ngGndk0tlg", you should add unique suffix if prefix per site (E.g "@ngGndk0tlgFB" "@ngGndk0tlgGoogle")
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>Don’t open your online bank in a rented or friend’s computer. Use the app or browser at your phone. If you need a bigger screen connect your phone to a monitor or use an iPad for online banking. (Yeah, there are cases of these in US and Europe among university students)
additionally. most banks have auto logout and let say you forgot to log-out and someone access your bank, most of the time it requires 2FA
>Use gmail, yahoo, outlook, or icloud and utilize their 2-factor authentications.
LOL at yahoo, at the minimum please use gmail.
If you really want security, I'd suggest you buy your own domain and host your email from there. Remember that you are "renting" your email with Google. At a whim, they can close it and there's nothing you can do to get it back (but that's just the paranoid me talking anyway ;) ).
Also please use a password manager. Bitwarden has a free tier which should get you started.
SMS 2FA is not secure, use 2FA that requires you to use an app like Google Authenticator or Authy. Other banks have 2FA built in to their apps so use that instead.
I think this website helps a lot and it also offers certification if you really want to put in the work. It's all free. Plus may mga FB group na din dito sa PH which you can also join and interact with other learners.
My overall tip would be don't be overwhelmed. As a beginner, I also find it overwhelming at first. Sabi nga nila, the more you learn, the less you know. Which is why I find it useful to have a roadmap of what should I learn to fulfill that path. Focus on a single programming language first then if you're confident enough go try the others (although I highly recommend you'd start learning Python)
Ayun lang. Hope this helps!
I can confirm CIMB's, been using their card with online purchases, it's very cheap.
GCash's Mastercard is comparable - made a purchase today worth 4.99$, costs only 242.05 (if using PayPal, be sure to set the conversion to your card, PP rate & fee is expensive as hell, wish I could have done this earlier)
To add, GrabPay's Virtual Card costs 2%
Trading212 seems like an interesting platform. But I hope you don't mind, I've searched some reviews: TrustPilot & ForexPeaceArmy
What are your considerations on getting the VUL.
The sub has a guide that you use as a starting point on deciding what type of insurance to get: https://www.docdroid.net/3bNf3Kl/guidemap-insurance-v5fa-wlinks-pdf
>Redundant ba na kumuha ako ng Fit and Well and Maxilink Prime?
>
>Is it good if i cancel ko na lang ang Maxilink Prime ko and invest na lang to mutual funds or UITF?
If I recall correctly Fit and Well is a Health insurance with Maxilink Prime is a life VUL. They are not exactly redundant with each other, but you might need to double check if riders are overlapping if you get both.
Maxilink is a VUL which is not best option especially if you're looking for an investment. You might want to check out the sub's guide to insurance to start: https://www.docdroid.net/3bNf3Kl/guidemap-insurance-v5fa-wlinks-pdf
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> Philstocks or COL for beginner po?
Both options are quite good. If you're looking to trade, you might to check out Philstocks more since COL has more stories to having latency issues.
Thanks for the reply
https://www.etoro.com/trading/fees/#others
I've looked it up on the other fees side-- reported that PHP incurs 2500 pips on withrawal, but not on deposits; given that-- maybe the payment is on the Philippine banks' side
Hopefully we can have a breakdown or possible workaround
Keep in mind that BPI and BPI Family Savings bank is different pag sa Wise na. Besides, may delay talaga ang Wise. So if you are BPI Family Savings Bank, choose the BPI Family Savings Bank Swift/BIC Code (BPFSPHM1XXX)
Dalawa sila sa Wise, BPI Family Savings Bank, and Bank of the Philippine Islands. You choose the first one. https://wise.com/gb/swift-codes/
The way it was sent matters also like you said about the delay. Now i'm not sure what are the other options available if isesend na sya like instant, normal or etc. But when I was still using Wise, matagal na yung 1-2 days. Most of the time within the day narereceive ko na ung pera.
I verified through the GCash app mismo to remove the 12-month limit. Do I need to verify using CIMB app again for good measure? Although, I received a text which says this.
I heard about accounts being closed without the owner's knowledge, and I'd like to avoid that as much as possible!
I owe a huge chunk of where I am now to Laracast. It provides a learning path if you are starting from no experience. I have a paid account there. Check it out, if you're interested I'll send you my login info. https://laracasts.com/
Yeah use Bitcoin Cash with the Bitcoin.com wallet for your phone and Electron Cash for linux, windows, or mac.
These are light wallets, they don't take much space and they are fast and cheap and you control all your own priv keys.
https://www.etoro.com/customer-service/help/499100/does-etoro-charge-withdrawal-fees/
>Yes, all withdrawal requests are subject to a $5 fee.
>
>Any withdrawals sent in currencies other than USD are subject to conversion fees. Details of our fees can be found here. Please note, you may be charged by the funding provider involved in the transfer (intermediary bank, receiving bank, or your credit card provider).
This is my plan also. eToro is alright, I think. They're a solid fintech. Highly regarded. To allay fears they even announced their free investment insurance. https://www.etoro.com/investing/insurance/.
So far my portfolio growth for the first 2 months of year is already at 80%. Beats the heck out of PSE or any mutual fund. I'm not trading btw. Just buying at X1. I also asked them to move my account to CySec so I can also own the coins when I buy crypto in the future.
Hahaha yeah I can imagine the battle! I guess you warned him, so if something goes wrong, he's the only one to blame.
You might wanna have a look here and figure out what that would mean for your father: https://www.etoro.com/customer-service/regulation-license/
For us in the PH it falls under ASIC I believe, which has no money insurance if I'm correct. Information on that is always hard to find, so my trust in things like that is at a very low level when anything goes wrong.
TD Ameritrade is under FDIC, which is insured up to $250k even for non-US residents.
I read this recently and it’s also probably one reason why others would opt for another broker:
Are my funds insured? Yes, if you are a US resident, your cash holdings are FDIC insured for up to $250,000.
Your USD funds are held in an FDIC-insured custodial account. Even if eToro were to fail, your money would be protected and returnable to you (up to $250k).
Reference: https://www.etoro.com/en-us/customer-service/help/1492946212/are-my-funds-insured/
I also took advantage of their copytrading feature. I agree with u that funding in etoro is not just cheap but also convenient, so I might consider buying stocks from them as well. I asked them a question about what would happen if they go bankrupt. Maybe this may help anyone in the future.
My question: Are customers insured or protected in case something bad happens in Etoro as a broker? Will our funds get transferred to a different broker or will we be refunded? And if yes, up to how much?
Their Answer: In the unlikely event that something bad happens to eToro, all of our client's funds will be sent back to the clients. We will be able to do so because we practice segregation of funds where client funds are held in different accounts and are not used for eToro's operational expenses. In the event that eToro goes bankrupt for example, we will still be able to return our clients' funds because they would have remained untouched. To read more about it, you may refer to this link: https://www.etoro.com/customer-service/regulation-license
I've read that eToro does not deduct any for government taxes. We can download the account statement from their website and file it ourselves. I haven't experienced filing for this since I only started using their platform this year.
Reference: https://www.etoro.com/customer-service/help/77418228/do-i-need-to-pay-taxes-on-my-trades/
that's not accurate anymore actually, when you buy and don't use leverage you buy the underlying asset.
Hey, have you considered using real-time API and historical data provided by Cityfalcon? I am using their service. so far it's perfect and costs me a penny. It's not at all expensive like other providers and I am using their API for Australian stock news and real estate market. you can check here
Hi
I am the creator of MoneyWiz and just wanted to say that we just released a new version - MoneyWiz 2020, which has a light design...it’s currently just for iOS & macOS but my hope is to be able to port it for Windows & Android next year. Just wanted to say that the new version’s design is a huge improvement over the last one, you can check it out at https://wiz.money
>You can’t work on your phone (unless you’re a writer, maybe).
This is actually what's holding me back. And I do agree with you on this. I did try upwork.com before but was not lucky, due to my skillset I guess. I was still practicing calligraphy that time to use on that website and I don't have much of an equipment to do graphic designing - logo.
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Oh and by the way, I'm only an assistant manager. I'm not yet there. Hehe.
But thanks for dropping in your thoughts on this. I'll be gladly to take note on this matters carefully.
You might want to consider TradeStation Securities not (TradeStation Global). I've registered last January without hassle kasi gusto ko mag Day Trade pero since mahirap magpasok ng pera and need dumaan pa sa traditional na wiretransfer sa chosen mo na bank, I switched to webull kasi mas madali magpasok and maglabas ng pera using transferwise (wise) na ngayon. Though pwede naman sa TradeStation yung ACH, kaso hindi pwede si wise magsend ng money kay TradeStation since may crypto platform din si TradeStation. (https://wise.com/help/articles/2932118/incompatible-accounts-and-payments) . So yun nga, nung dumating na yung message nung webull na hindi na sila magsusupport sa Philippine accounts , I quickly transferred my stocks and assets to TradeStation. Took me 1 week before ko makita sa tradestation yung stocks and assets ko. may 75USD na charge sya then nagclose na yung webull account ko. So far so good naman sya. Tingin ko kalevel din ng TradeZero and TD itong TradeStation. Anyway, may commision fee sya every time na magtrade (buy and sell) 5usd sa pag Buy and 5usd sa pagsell if you're using the TradeStation platform or web. Pero may way para maiwasan yung charge. Connect mo lang yung Tradingview account mo sa TradeStation then ok na . Pwede ka na magtrade gamit yung tradingview then wala na syang commision dun sa first 10,000 shares na bibilhin mo. May iba pa ako na marecommend gaya nung Interactive Brokers and CityIndex
>that's an expensive lesson i learned, i had to pay 20usd swift charge + local bank remittance charge every time i would send money.
This is the standard rates, tapos naka based pa sa currency exchange ng final destination bank at DST tax . kaya I prefer to use wise.com
Let say na natatangap mo ung salary mo in your US Dollar bank account, normally may receiving fee eto n nsa $5-$25 depende sa bank, tapos icoconvert mo eto sa PHP. normally its free pero bank earn by having buy and sell rate which is derived from mid-market rate and adding spread. so let say $1000 and the buy rate is 50(50.46 ung mid market) = they already earn PHP 460 and you receive PHP50k, sa wise.com you will get a mid-market rate which is 50.46php + $5.93 fee = PHP50160.77
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wise or US Dollar bank account is a better option than paypal. like banks, paypal mar sarili ring exchange rate which is mas mababa sa mid market rate. mas flexible lang si wise kase you can open, verify and send online and exchange to other currencies as well
You will receive the money directly to the "Primary Account". Go to your Transferwise account and select either your bank or gcash as "Primary account to receive PHP".
https://wise.com/help/articles/2932129/how-do-i-mark-a-primary-account-to-receive-money-into
Reminder: Tell your employer to send your salary in Philippine Peso.
I'd advise you to look into transferwise (wise.com)
you can create a USD account which opens you a US bank account virtually where your relatives can transfer money to via ACH (much cheaper than wire) . Then from wise.com you can transfer that to a PHP bank or gcash.
Alternatively and if you don't need the money, USDC can be locked into high yield accounts like binance Save for 6% APY or blockfi for 8.6% APY. Of course you have to consider risk as you hand over the coin. Anyway your call , Pleases do your research. You have a good problem on your hands
probably the two smartest people i know. they talk a little bit about intrinsic value, gold , bitcoin, etc.
Last mo na yung AWS kahit sobrang sikat nyan, feeling ko kasi mas magegets mo yung AWS kung may website/sample code ka ng trip na ipa run. Mas magegets mo kasi yung EC2, S3, Route53, etc. na service ng AWS kung nagdedeploy ka na ng website mo.
Python -> create sample website -> Dockerize yung code -> start learning AWS -> deploy mo yung website mo at gumawa ka ng domain using namecheap.com -> Start learning Kubernetes.
Thanks for the link. I noticed that the link will expire after 24 hrs or 20 downloads so I used another website (pcloud). :)
I uploaded the files here: https://transfer.pcloud.com/download.html?code=5ZUG627Z3un9aAmC3j4ZwVlbZYI6RUor1pUB2xYrrfo4KQfRKWCy7
The files will be automatically deleted on Aug 1.
Wala akong telegram eh. Can I just email it to you and then you can upload to Google Drive?
Edit: I uploaded the files here: https://transfer.pcloud.com/download.html?code=5ZUG627Z3un9aAmC3j4ZwVlbZYI6RUor1pUB2xYrrfo4KQfRKWCy7
The files will be automatically deleted on Aug 1.
He is not 19 years old this is his resume https://talent.hubstaff.com/profiles/cedrick-james-valenzuela/resume. He started his associate arts when he was 9 years old. He does not need to lie though. If what he is saying is true with his income it's still awesome whether he is 29 or 59. But I gues if he can lie in one thing he would also lie with another thing
Here's a good Airtable base that you can tweak: https://airtable.com/universe/expBipj0rT8xfeqKN/be-on-top-of-your-expenses?explore=true
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You can categorize and sort based on type of expense, mode of payments, etc.
Money buys you conveniences and solutions. Sure experience is nice but considering the alternative of today I'd want a life of financial security.
There is such a thing as excess. Decades after I had these things I realized that I had more of those toys, trading cards & video games than 99.99% of the people I personally know.
For example I have
two of these long comic storage boxes that holds 250-300 comics.
half a dozen trading card albums that each can hold 360 cards
Every video console Nintendo (FamiCom & newer and GameBoy & newer), Playstation (PS2 & newer) Xbox (360 & newer), Sega (MegaDrive & newer) & Atari 2600 with at least 2 dozen licensed games each
A $2,000 gaming PC every 2 years for more than 3 decades
half a dozen sticker books of MASK, Nature, Ghost Busters, and 3 others I cannot remember
Toys & models too numerous that I cannot remember
What I would have wanted was my parent presenting me with an alternative to these "experiences". Such as allocating say 80% of the money they spent on these frivolous things into a stock portfolio that would have grown through 3 decades of investing. To sell it to me they'd only need to say "you won't need to work as hard as your cousins to get a better life than any of them".
Perhaps I failed to articulate properly but of course a wealthy typical childhood is nice to have but a more limited one may be better financially.
In continuation to the list, with new tools and algorithms in place for predicting stock priceses the following book can be checked
Stock price analysis through Statistical and Data Science tools: An Overview
Thanks for sharing this! Listed na sya sa Google Play Store, may nadagdag lang sa dulo ng link kaya Not Found yung nalabas.
Here's the link to Play Store: BDO Pay - Apps on Google Play
Working naman yung App Store and AppGallery link.
The Investment Bible : https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661
Ganun po ba? hmmm if ever mag subscribe siya sa VPN (ExpressVPN, NordVPN, etc.) ano ano ung mga risk don assuming na nakablock by Thai Gov't ung mga sites na papasukan niya? like pwede ba siya madetect if ever? Thanks po.
I live in europe so I bought it here. It was a campaign from a electronic store last black friday. I just converted the price to php on my last comment.
This is from amazon. Seems same price also when I bought it. https://www.amazon.com/Lenovo-Legion-Gaming-Laptop-7-4800H/dp/B087HJ4RRZ
But amazon is in US. You may try electronic store in philippines or online shopping in there. But you may find a different versions or less more expensive one.
Would like to second this OP. I'm trying to limit my cash on hand so much na minsan I go 2 days with just less than 100 in my pocket. My funds are divided across different banks and ATM accounts.
Also, I've been using this app to track my expenses for over a year now, works like a charm Wallet: Personal Finance, Budget & Expense Trackee. I used a few other apps before this pero so far eto yung pinaka-nagustuhan ko. They also have an iOS version in case you're using an iPhone.
if you plan to be a trader, read the book Trade Like a Stock Market Wizard. I also advise you to join trader's communities. Traders who help each other. Some are free and some are not. Good luck. It will take years to become a successful trader. The author himself took him 6 years but that was in the 80's. Nowadays should be much less than that.
For setups, you will learn different techniques from communities. Each communities may have their own setups. In time you may also have your own . The more important is the discipline and controlling your emotions.
In Webull you can simulate your holdings. You can also do paper trading in the app. Another app that I use is TradingView for charting.
I'm just gunna say upfront this is my own app project but it connects to 10 popular exchanges for monitoring, trading and asset management will be in the next release :) https://play.google.com/store/apps/details?id=uk.co.wardone.pocketwatch
It would help if you linked the app since there are many apps named 'Money Manager'.
What I've been using is the one from Realbyte Inc.:
If this is the one you're talking about, there are also features which you can unlock by simply sharing your code with other users like the PC manager (allows you to access the app via browser on your PC) and unlimited account numbers.
When you share your code, you and the other person who used it get a point which you can use to unlock either of the features I mentioned. It's an easy way to unlock paid content for free.
Check out StormPlay. Earn crypto for trying new apps. https://play.google.com/store/apps/details?id=com.cakecodes.bitmaker&hl=en
Here's the direct link: https://play.google.com/store/apps/details?id=com.globe.gcash.android&hl=en_US
Are you in the Ph and is your app store PH? Could be due to restrictions thats why you can't search it.
I like phone apps more since i carry a phone with me most of the time.
Try money manager. You decide how detailed you want to be. The easiest way i found is to have just one source account defined in the app regardless how many real bank accounts i have as well as money on hand. I just didnt care where the money came from whether from checking or savings or wallet. Just cared about income, spent, and budget per item or category. I also do monthly only meaning every month i reset. I just add the remaining fund from last month to the income of the new month.
On the actual bank accounts/wallets. I separate expense from savings. So you know everytime if nauubos na ang fund for expense mo.
Budgeting is essential to reaching your goal. You would discover y Oo can actually save more than you think. It also take away the guilt of buying something when you know its in the budget. Good for you starting it.
PSE just announced this morning that the android app for PSE Easy is in the Google Play store already. Haven't tried out the app yet though.
Google Play Link: https://play.google.com/store/apps/details?id=com.pse.easy&hl=en
If I may butt in, if you mainly use your phone, I can recommend Avast Secureline. Mejo mahal kasi mga VPN services, pinakamababa na ang $3.99 a month. Sa mobile, if you purchase Avast Ultimate bundled na ang Avast Secureline. 300 pesos lang first year then 600 per year afterwards sa Google Play. Don't buy Secureline separately kasi mahal yun. Bonus benefit ng Avast Secureline is sobrang effective nia magtanggal ng regional restrictions ng Netflix
Start with Trade Like A Stock Market Wizard by Mark Minervini. I am also sharing some of my ebooks. Just visit r/phinvest discord channel for more info.
I suggest you look into ING PH instead. They have their own app and their customer service responds fast as the chat feature is within the app itself.
PROS:
- 2.5% per annum
- Pretty app
- Signup is a breeze
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CONS:
- Deposits can only be made by cheque (by snapping a photo) or transferring from you local PH bank
- No international deposits/transfers
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https://play.google.com/store/apps/details?id=com.ing.asia.mobile
The idea of GCash and the services they offer is great. But I have a feeling that GCash is maintained by the same sh!tty IT that BPI uses so they are always 'under maintenance' and a lot of errors happen especially if you use it a lot. I almost lost almost PHP 10k because of an error on their end. Since their service is unique and widespread enough, I use them, but I don't trust them.
Our app, Sparks (Startup Planning: Analyze, Research Keep) guides you through the startup process: setting objectives, market position and five year financial projections. Download for free at Google Play:
https://play.google.com/store/apps/details?id=uk.org.blurt.sparks
I started learning about investing in 2003. I put my savings in a bond mutual fund. Then in 2004 I started investing in stocks and eventually closed my mutual fund account and just put everything in the stock market. That's what I've been doing ever since. All my liquid assets are in stocks except for some emergency funds.
My best advice would be to educate yourself first. I highly recommend starting with The Intelligent Investor. Then just read about other strategies and methods as much as you can. Find one that works for you. It won't be enough just to make money. You have to beat all the readily available investment vehicles like MFs and UITFs.
Do the work. Keep evaluating your portfolio and refining your method. Then just invest what you can, when you can. Eventually, your wealth will grow exponentially.
My opinion on technical analysis was shaped by The Intelligent Investor. The problem with it is you have to wait for buy or sell signals, e.g. you buy after the price started going up. It makes more sense to buy when a stock gets cheaper. Also, AFAICT, finding patterns in charts really is just banking on probabilities which appears like gambling. Value investing employing fundamental analysis just makes more sense to me. It's simply buy low, sell high.
You went ahead and bought MG? I wonder what'll happen with their deal with CAL. Congrats on IMI, though :).
Edit: Just to add, I think strategy and method are less important than results. If you're beating the market with technical analysis, keep doing it. Besides, if Damodaran is right, we're all just gamblers :D.
yes thats probably smart. one of the biggest revelations for me is to be aware of your personality and find the trading method or market that suits that personality...
and yes regarding titles and voting thats probably more on ethereum than bitcoin. speaking of ethereum when i started reseraching CAL i noticed they built an app called krops
https://play.google.com/store/apps/details?id=com.blackcelltechnology.krops&hl=en
i had this idea of putting the commodities info that app scrapes on the ethereum blockchain. it was a fantastical idea but the fact is agriculture needs to have an exponential growth in this country or we're screwed. for all the shenanigans i was impressed with CAL and their vision for agriculture. i think they got distracted with the casinos. all gamblers indeed