Lupa at Future BF

Random text-versation about lot tripping and future bf and standards hahaha!

“At syempre iba naman ang lupa sa future bf hahaha. Ang bf, minamahal ang buong pgkatao. Ang lupa nagmamahal ang presyo habang tumatagal char! Hahahaha”

Happy weekend!

#walalang #boredsabus #dimakatulogsabyahe

Personal Finance: My FAMI Experience

FAMI1Hi everyone. I just wanted to share my First Metro Asset Management, Inc. (FAMI) experience.

I sent my initial investment last Jan. 11 via one of the Metrobank branches. On Jan. 14, I emailed pictures of the documents I sent them (emailed twice, both they did not reply to acknowledge but I was not worried :)) On the week of Jan. 14-18, I made a follow up twice via call but did not get to speak to the one receiving the documents nor anyone in charge of processing the placements.

Made another call last Jan. 22 and luckily this time, I was able to talk to the right person :). I was informed that my investment was processed on Jan. 16 and that my Confirmation Receipt (COR) was picked up by Air21 last Jan. 21 :). I was happy to learn upon checking that NAVPS were lower last Jan. 16 as compared to Jan. 11 when I submitted my docs.

On Jan. 23, my friend informed me that a package for me was delivered to her place. I used my friend’s address as my mailing address since I don’t have anyone to receive it in my apartment ( I live alone and my neighbors are also renters, no landlady/landlord who can receive it for me) and based from my readings in this forum, looks like the common problems are lost CORs. At least in my friend’s place, she’s usually at home. I also inquired if I can just pick it up from any Air21 branch closest to me but the guy said that’s not an option.

Things I did before my initial investment:

  • Read and re-read the Mutual Funds (MF) threads here (I really went back to the old threads, which I have also read 2 or 3 years back :))
  • Read some blogs about MF
  • I know that I am an aggressive investor simply because my goal for my FAMI investment is long term. But just for the heck of it, I reassessed my investor profile based on BDO’s questionnaire for their UITF investments (got it from their website). FAMI’s form also has a questionnaire but the grading is not available though
  • Browsed through the FAMI site mainly to check on how to invest with them. Honestly, until now, I haven’t yet read the Save & Learn Equity Fund (SALEF) prospectus and that’s Step 1 of their procedures hihihi. Still in my to-do list πŸ™‚
  • This is out of my budget but since I really wanted to kick off my FAMI journey, I set aside part of my 13th month to fund this and the amount required to open a Metrobank account, which brings me to…
  • I opened a Metrobank account so that future top ups will be online (just because I’m a sucker for online transactions as long as I know it is secured hehehe). I’m not sure yet what to send to FAMI if I top up online. I’ll share with you after my actual experience πŸ™‚
  • I took my time in filling up the forms (Account Opening Form (AOF), Investment Application Form (IAF), and Signature Cards). I think it took me 3 days before I was at ease with all the information I placed in the forms. I even Googled all terms I did not understand and there were a lot of them because Finance is not my field. Thank you Google hihihi.

My inital investment was just the minimum of Php5K for SALEF. Based on my COR, I was deducted Php100.00 for Sales Load.

Was it hard or complicated? Not really. I just followed the FOUR steps in FAMI’s website (there’s a mistake in the step numbers so you’ll see until Step 5 :D). I did not have an agent but it actually crossed my mind to have one at first. I also did not call FAMI beforehand to inquire because the information I got from the forum and blogs were more than enough for me to go with it. However, this does not work for everyone. As a general rule, it is still best that you do what would make you comfortable before diving into this. But don’t wait or delay too long (like what I did) because as Financial advisers would always say—the time to invest is NOW. πŸ™‚

May I just note (based from experience) that looks like most bank tellers are not familiar with these so you must research well before talking to them because do expect that you’ll be the one giving them instructions on simple things such as pouching your documents to FAMI :D.

Happy investing!

Dropping By

Dear Sayote Kingdom,

Sorry for not visiting you for the longest time. No, I did not abandon you. Adult responsibilities just got more demanding but I still have lots of stories for you. Will start sharing again soon. Can’t wait. πŸ™‚ β™₯

Happy Birthday Daddy!

DaddyPido74Thank you for taking the time to write this lovely letter a long time ago even if what my teacher needed was just an acknowledgment that you received the letter I gave you. It has guided me all these years. While my classmates got 1 liner letters written in Grade school pad paper, I got mine in a scented stationery paper :).

Happy, happy 74th birthday Daddy! I thank the Lord everyday that you’re still with us until now and I hope that it’s not too much to ask for more years for you. Thank you for being daddy-yo to everyone! I love you.


My Dear Mylene,

A pleasant day to you too.

I am so grateful that you appreciate very much our way of disciplining all of you our dear children. It is because your mom and I would not want our children to be misled in life. Much more that you are still too young to understand the different factors affecting is in this world we live in. you see, there are two directions of our life as we grow. These are the negative and positive directions. Should you be thinking that you know better than what other people do, you are absolutely wrong. You might be following the negative direction of life.

On the other hand, if you would be thinking that you will be careful to follow the right path of life, you cannot be so sure about it. Why? Because you are young and as you grow older, you will be more exposed to society and encounter a lot of temptations that might lead you to the wrong direction. It is in this kind of life situation that we, as parents, come in to give you the proper guidance as much as we can, although there are instances that we do not give you the precise advice because of some problems that we also encounter. We hope that you will understand and forgive us too whenever we are in such kind of attitude. Anyway, our main intention is to help you develop yourselves to become a worthy member of a good society.

And now, asking the favor of our Almighty Lord, to grant us his blessings and that I may bestow also such blessings on all of you my dear, dear children.

With love from your dad,

** This was my Dad’s letter in response to the letter I gave them. It’s one of our requirements in our English subject. I guess it has something to do with the different sentence constructions. The letter is dated November 15, 1992. **

Perfect Timing

Thank you Lord for the good news. I’m sorry I got a little frustrated when my timeline wasn’t being met. Thank you for showing me that Your timing is the perfect one :).

Next on, help us meet the target please? πŸ˜€ Tenchu!

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