First Metro Asset Management Inc

Fashion for Less: Hip But Not Broke

As a die-hard fashionista, you would naturally want to be seen wrapped up in the most eye-catching apparels.  You always keep yourself updated on the latest fashion trends.  But keeping up with fashion can be an arduous pursuit, especially if you find that you can’t afford the luxurious and expensive designer clothing that you dream of parading around in.  However, you shouldn’t have to end up bankrupt just so you can look fashionable.  With some resourcefulness and creativity, it is possible to make yourself look fabulous without spending a lot of money.

Read more

How to Teach Children to Save

Early on in life, most children usually view money in very simple terms.  To them, it’s basically what people pay to buy stuff.  It hardly registers in their minds that money is a limited commodity; they just tend to think that mommy and daddy have an endless supply of it.  Eventually, they will get the chance to find out what it is like to earn money when they start to receive their allowances from their parents.  As they experience plunking their earnings into their piggy banks or opening their first bank account, they will need guidance in understanding the importance of saving money.

Read more

Awaiting GDP

8:41 am Monday 23 April 2012

I have no doubt that the Philippine stock market will continue its bullish trend. For one, the latest power sales figures from Meralco was significantly higher in 1Q-2012. Likewise, exports growth picked up in February to grow 14.6% and manufacturing output was up 5.1% in the same month. While many economists are hedging their Philippine GDP growth forecasts, I am optimistic that the figure will surprise even the brightest expectations because the numbers already available to us should add up to a more robust economy.

Read more

How to Get More Out of Your Limited Salary

What do you do if you have a low-paying job that doesn’t leave you much money to live on?  The easy answer would be to go look for a better-paying job.  But if you’re stuck with your current occupation, and your poor paycheck barely covers your living expenses, here are a few steps you can take to make the most out of your small salary.

Read more

Patiently Awaiting a Benchmark IPO

8:31 am   Monday  16 April 2012

The past week showed mixed sentiment among investors in Philippine stocks.  The week started with local stocks taking a cue from the weakness in Wall Street and rebounded strongly when U.S. Investors regained confidence after Alcoa reported better than expected earnings.  On Friday, however, sentiment in the global markets started to grow anxious again as China’s 1Q GDP growth slowed to 8.1% when consensus was for an 8.4% rise.  Nevertheless, the local market did not react as the rest of the world did.  In fact, Friday saw net foreign buying to the tune of Php 414million.  Perhaps, investors are viewing Philippine stocks differently from the main global markets.

Read more

The ABCs of Retirement Planning

So you’re getting on in years, and after a lifetime of endless toiling, you are looking forward to enjoying the fruits of your lifelong labor and have a nice, quiet retirement.  But there is still some work that needs to be done before you take your permanent break from working.  Planning for your retirement is quite literally as easy as A, B, C, and there are 3 main steps that you would be wise to follow in order to make sure that your retirement life is secure and prosperous.

Read more

Securing the Future of Your Special Child

If you are raising a special child, you know that you have to invest a lot of time, care and attention in order to see to your child’s well-being.  Aside from his personal and emotional needs, preparations would also have to be made regarding his education and medical needs.  However, the financial costs of such special care can be very high.  And unlike a regular child, a child with special needs often has to be supported for the rest of his life.  Thus, a major concern for parents of special children is how to make sure that their kids are well cared for long after they are gone. Fortunately, there are steps that you can take to ensure that your special child’s future remains secure.

Read more

How to Beat the High Cost of College Education

Education is the most valuable gift that you can give your child. However, as with anything of great value, education doesn’t come cheap; particularly the cost of getting your child into a good, reputable college. But parents need not resort to cheap, substandard schooling for their children, or to stop sending them to school altogether. Fortunately, there are some strategies that you can adopt to provide your child with the best quality college education while saving a lot of money at the same time.

Read more

Gus Cosio on cruising speed

8:30 am  Monday  2 April 2012

We will have only 3 trading days in the Philippine stock market this week as the country goes out for Easter break.  Normally, trading activity slows down because of the smaller trading window plus the fact that many are looking forward to their holiday plans.  Some may have already taken the entire week off.  This pattern is true not just in the Philippines but may even be more pronounced in the major financial centers where investors, traders and portfolio managers take their vacations very seriously.  Should we see any weakness in the market this week, I believe it should be no cause for worry since it would be more of a seasonal behavior of the market.

Read more

First Metro Asset Management Inc