My First Investing/Trading Books

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When I was learning about investing in the stock market, I needed books for more information. There are a lot of free pdf on the web but the books that I like, I want to have a hard copy of it so that my children maybe can read it someday. Maybe that will be the legacy that I'll be leaving them. I want them to know money management as it is very important. If only I have known that when we were kids, maybe I have chosen a different path. So, I went to check the bookstore and EXPENSIVE!! I searched for online bookstores that offers affordable books like amazon and I found at about BOOK DEPOSITORY. These are my first books. Jesse Livermore's Methods of Trading in Stocks - Richard Wyckoff This was my first ever book about trading. It has only 32 pages and can be read in one sitting but full of information. It tells about how Livermore's preparation before and after trading, money management, news, stocks to trade and pyramiding.   How To Trade in Stocks - Jesse Li

Benefits and Programs of PAG-IBIG/HDMF

A) Multi-purpose Loan - is a cash loan that aims to provide financial assistance to qualified members for house repair, minor home improvement, home enhancement, tuition/educational expenses, health and wellness, livelihood and other purposes.
  • Qualifying conditions
    • has made at least 24 monthly mandatory savings (MS)
    • has 5 MS for the last 6 months prior to date of loan application
    • if with an existing Housing Loan and/or MPL and/or Calamity Loan, the account/s must not be in default prior to loan application.
  • Amount: the borrower's loan value shall be a percentage of his Total Accumulated Value (TAV)
  • Interest rate: 10.75% per annum, paid equally for the duration of the loan
  • Repayment period: 24 months with a grace period of 2 months
B) Affordable Housing Program - may be used to finance any one of the following:
    • purchase of a fully developed residential lot or adjoining lots not exceeding 1,000 square meters,
    • purchase of a residential house and lot, townhouse, or condominium unit;
    • construction or completion of a residential unit on a lot owned by the member.
  • Qualifying conditions:
    • must have remitted 24 monthly contributions under Pag-IBIG I Membership Program. New members may pay the 24 monthly membership contributions in lump sum, corresponding to the loan amount applied for;
    • has a gross monthly income not exceeding ₱17,500.00 for those working in the NCR and ₱14,000.00 for workers in other regions;
    • not more than 65 years old;
    • has no outstanding Pag-IBIG housing loan;
    • has no outstanding multi-purpose loan in arrears;
    • had no Pag-IBIG housing loan that was foreclosed, cancelled, bought back due to default or subjected to Dacion en Pago 
  • Amount:
    • may borrow up to a maximum amount of ₱750,000.00, depending on the member’s actual need, his loan entitlement based on gross monthly income, his loan entitlement based on capacity to pay, and the loan-to-appraisal value ratio, whichever is the lowest.
    • maximum of three (3) qualified Pag-IBIG members may be tacked into a single loan provided they are related within the second civil degree of consanguinity or affinity.
  • Interest rate: First 10 years, interest rate for loans up to P450,000 is 4.5% provided gross monthly income is P15,000 (NCR)/P12,000 (other regions). Loans up to P750,000, interest rate is 6.5% provided gross monthly income is P17,500 (NCR)/P14,000 (other regions).
  • Charges to be collected: Processing fee of P3,000.
C) Calamity Loan
  • Qualifying conditions:
    • has made at least 24 monthly mandatory savings (MS)
    • has 5 MS for the last 6 months prior to date of loan application
    • resides in the area which is declared by the Office of the President or local Sanggunian concerned as under state of calamity
  • Amount: an eligible member may borrow up to a maximum of 80% of his TAV
  • Interest rate: current rate is at 5.95% per annum
D) Pag-ibig Savings Program
  • All savings are government guaranteed
  • Tax free annual dividends
  • Access to short term loan programs and housing loan program

When can a member withdraw his/her savings?

A member may withdraw his/her total Pag-IBIG savings (provident benefits claim upon occurrence of any of the following:
  • Membership maturity after 20 years of continuous membership. The member must have remitted at least 240 monthly membership contributions with the Fund.
  • Members who registered in 2010, under RS 9679 has the option to withdraw their savings after 15 years of continuous membership.
  • Retirement. The member shall be compulsorily retired upon reaching age 65. He may however, opt to retire upon the occurrence of any of the following:
    • Actual retirement from the SSS, the GSIS or a separate employer provident/retirement plan, provided the member is least 45 years
    • Upon reaching age 60.
  • Permanent and Total Disability or Insanity.
  • Separation from the service due to health reason
  • Permanent departure from the country
  • Upon death of the member, where his legal heirs shall receive his TAV plus an additional Death Benefit Grant equivalent to this TAV or P6,000, whichever is lower.

*Update: You can already register online and be able to view your contributions. REGISTER
 




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