Duterte is Leading in Metro Manila survey for President

The pool survey conducted in Metro Manila for president last November 11-12, 2015 said that Duterte is the first choice for president with 34%. The voters where asked whom they would vote if the election will be held this month and majority said that they will vote for Rudy Duterte, the well known mayor of Davao City.

Many Filipinos were tired of the same traditional politicians who promise to uplift their lives but after elected in the highest position corruptions, drugs, killings and lagging economy are still the same major problems.

Philippines Candidates for President 2016

In the second position is Grace Poe, the adopted daughter of Action Star Fernando Poe Jr. who died after losing to to former president Gloria Macapagal is now in hospital arrest. Grace Poe leads the survey before Duterte decided to run. She got 26% approval.

Vise President Jojomar Binay is in the third place with 22%. His popularity wane because of corruption allegation. His son was also sacked as mayor of Makati City. Present government candidate and former Interior Secretary Mar Roxas got 11%. I think it is hard for Roxas since if there are controversies in the government, he will directly affected.

Senator Miriam Santiago is in the last spot. The senator almost became a president in 1992. She was second to president Ramos in the election tally result with a very narrow margin of winning. Right now she is running again with the son of former dictator president Ferdinand Marcos. Miriam is known as good and brilliant lawyer. But many Filipinos said that she is associated with corrupt politicians like GMA, Estrada, Corona and now Marcos.

Back to Duterte; his running mate is Cayetano of Nationalista Party.

Duterte and Cayetano are campaigning on a strong anticrime and corruption platform. Both are pushing for federalism as an alternative form of government to push for political and economic reforms throughout the country. Just two months ago, Duterte placed second in Metro Manila, 4 percentage points behind the then front-runner, Poe. Among members of the ABC socioeconomic class, Duterte received 38 percent, double the 19 percent obtained by Poe. Santiago got 15 percent, and Binay and Roxas each got 14 percent.

 Among members of Class D, Duterte received 34, followed by Poe with 28 percent; Binay, 21 percent; Roxas, 12 percent; and Santiago, 5 percent. Informed of the latest Pulse Asia survey, Marikina Rep. Miro Quimbo of the Liberal Party said Roxas’ rating had increased by 7 points. Sought for comment, Valenzuela City Mayor Rex Gatchalian, spokesperson for Poe, said: “We have yet to see the survey. To comment on a survey that has not been made public by any group is unfair and inconclusive. The method, sample, etc., are factors that must be considered.”

 In the survey for vice presidential candidates this month, Sen. Francis Joseph “Chiz” Escudero, Poe’s running mate, was leading with 32 percent, followed by Ferdinand “Bongbong” Marcos Jr., 24 percent, and Cayetano, 20 percent. Pulse Asia said Marcos and Cayetano are statistically tied. Camarines Sur Rep. Maria Leonor “Leni” Robredo, running mate of Roxas, got 10 percent; Sen. Gringo Honasan, running mate of Binay, 8 percent; and Sen. Antonio Trillanes IV, 4 percent.

The survey is conducted by Pulse Asia.

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Airport NAIA Cops asked Missionary Michael White to pay P30K

This is a follow up to the "laglag bala" scam in the Philippines airport. According to Michael White, he was asked to pay P30,000.00. The price will rise to P80,000.00 if it will reach police heaquarters his stepmother said. Eloisa Zoleta and her stepson recount the ordeal in the airport last September.

They cops try to extort them but they refuse and said that they were innocent. The family during that time were going to Coron, Palawan to look for a piece of land because they wanted to build a church.

Zoleta said a bullet was found after White’s bag passed through the X-ray machine several times.

Nothing was detected when the bag was first checked, but after screening officer Maria Elma Cena allegedly put her hand inside the flap of White’s bag, the bullet was discovered in the next X-ray scan, she said.

Michael White 

After they were informed of the discovery, Zoleta asked the screening officers if she should have their flights to Coron moved. They told her it would be an easy matter, a remark that she found baffling if there really had been a violation of the law.

“The screening officers said, ‘That’s OK. It would be easy,’” she said, adding that Cena even told her that the flight wasn’t even until 12:45 p.m.

“I was thinking that if it was really the law and there was one ammo found in the luggage, shouldn’t their answer be that we wouldn’t be able to go to Coron because they would jail my son? Shouldn’t that be the answer if they were implementing it?” she said.

White was subsequently brought to the office of the Philippine National Police, while Zoleta tried to take care of their tickets.


Police officer Junio

She said a PNP officer she identified only as “PNP officer Junio” asked her about what had happened. After explaining, Junio told her about paying for the dropping of the case, she said.

“Usually we let the possession of such items pass. We just say it’s an amulet. If we negotiate that here, it (will cost you) P30,000. But if it’s passed on to headquarters, it’s P80,000,” Zoleta recalled the police officer as saying.

Preacher with no salary

He also asked about her husband’s job and she informed him he was a preacher who did not receive a salary. The officer also asked about White’s job and she told him he had resigned from his job.

Their conversation ended then because Zoleta’s brother called her up, and she never saw the police officer again.

White also said a police officer, Rolando Clarin, had told him he could pay P30,000 or face the prospect of jail. But he said the bullet was not his and he did not have the amount.

Zoleta said the officers had tried to convince them to own up to the bullet possession.

She said another officer had appealed to her to help White, as he was a foreigner and his life could be ruined.

Pregnant

And as they were about to head for White’s inquest, Zoleta said Cena came up to her and told her that she could have just admitted to carrying the bullet since she was pregnant, and there was a humanitarian law.

“I responded to her, ‘ma’am, why would I admit it?’ I know that’s the easier way out to say it’s ours and I’m pregnant, but I told her we’re Christians. We can’t lie about a small thing just to find an easy way out,” she said. 

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SEC is asking DOJ to issue for 'lookout order' vs Emgoldex execs

Here is a follow up news about Emgoldex or the Global International Investment. The rumored scam investment which victimized the OFW and the Filipinos who are greedy and want  to earn money fast.

To those who are not aware about this business scheme, some of the incorporating members are now watched.

SEC said the lookout order was requested for Kevin Miranda, Ryan Manuit, Charles Juiz Padilla, Raahbel Ymas, John Rafael Calicdan, Jove Cajita, and Paul Alviar.

 The suspects, most of whom are incorporators of Prosperous Infinite Philippines Holdings Corp. (PIPHC), are being accused of selling or offering for sale or distribution unregistered securities to the public and without a license.

 The DOJ issues a lookout bulletin order to monitor movements of suspects facing criminal charges. 

The Bureau of Immigration (BI) then implements the same and issues an alert bulletin for further monitoring of suspects in the event that they pass through immigration counters in any international airport or seaport.

 Charges against related entities Emgoldex, PIPHC, and Global Intergold (GIG) were earlier filed by the SEC.

 SEC issued a warning against investing in Emgoldex as early as February 2015. The commission alleged that the company lures investors through promises of high returns, where an investment of P1,000 would earn profits ranging from P5,000 to P10,000 or a placement of P35,000 would yield P180,000 to P360,000.

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18 years for OFW to save P3 Million!

I read an article stating that it will take 18 years for an OFW to save P3 Million so that he could return home for good? Assuming that he save part of his monthly salary alone or with the spouse is worth P13,800.00. Do you think it is only worth P 3 Million? Let us compute to prove this argument.

So Let us Multiply P13,800.00 by 12 months to get a yearly saving.

Yearly saving is P165,600.00

For 18 years, we will multiply P165,600.00 by 18 years.

In 18 years we have P2,980,800.00

Wow, it will take 18 years to earn that money and you lost that 18 years away from home. Would you wait that long to earn P3,000,00.00?

For me, I don't think so!

There are many ways to grow your money like building a small store, doing part time jobs and investing. Yes, you heard me, investing.

With regards to small business, don't be discouraged because although it is a small business but I think it will add more income to you and you can save more money. After all, millions started from cents or perhaps P1.00.

The problem of being an OFW is that it is hard to start a business without our presence. Most of the time it will go bankrupt due to mismanagement and etc. Real Estate is also a good investment depending on location. Real Estate is all about location, location, and location.

The best option for me is to invest in stock market. Although almost all gurus will say that there is no guarantee that you will earn income from it since the stock market is fluctuating. Many will tell you to stay away from stock market. Leave it to the expert. But base in history and it is really proven that in the long run, this investment will earn more interest than real estate. If you read the American stock graph and even in the Philippines, long term stock investment will beat inflation and other forms of investment. But of course, you have to diversify your investment too. As the saying goes, don't put your eggs in one basket.

I would suggest that you have to invest in stock market but if you are not that savvy on the stock, it is better to invest in the mutual fund just like me. Balance Fund which is has bond fund and equity fund will increase 15% average yearly but if you invest in equity which is stock market using the mutual fund, it will have a yearly average of 20%.

I myself invest in a mutual fund but purely equity. Of course, I experience up and down. But I am  okay because I understand that it is normal for the stock market to move up and down for awhile but really, the direction is going up in the long run.

Why I invest in Mutual Fund instead of Stock Market? It is because I feel safe in it. Mutual Fund is composed of many companies that represent stocks. So if one company or stock is down or bankrupt, there are still other company to counter-balance it so the losses are minimized. If you invest in companies and it will close, all your money is gone. So that is the difference.

Back to the main topic why would I spend 18 years in abroad when I can grow my money faster by investing? Don't put your money in the bank, they will just laugh at your back. The bank will invest your money and they will get the high interest and you get the 1.5% interest yearly minus the 20% withholding tax on the interest so in reality, you will receive a 1.2% lol.

Here is the formula to compute your money if you up to work for 18 years abroad while investing the P13,800.00 monthly assuming a 15% since you invest it in mutual funds.

 

FV= Future Value of your Money
C= yearly money value invested or the money you save and invest yearly
I= Interest yearly
N= Number of years

So assuming C=P165,600.00 yearly invested
I= 15% interest yearly
N=18 years

We have

FV=165,600.00 X (1+.15)Exp 18-1)/ .15 X 1.15
FV=165,600.00 X 11.375453/ .15 X1.15
FV= 165,600.00 X 87.211
FV= P14,442, 275.00

You see your money will grow up to P14,442,275, not P3 Million Only!

The secret is investing and by doing so your money is compounded every year with 15% interest. This is just conservative computation.

Hope you find this article informative and good luck.

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"Lag-lag Bala" In the Airport is now known worldwide

This is now trending as many victims surfaced and told their harrowing experience. Some of them are old grandma ofw, a patient confined in a wheelchair, tourists and even teenagers. They claimed that the bullet was planted in their bag. In the first place why would anyone bring a bullet in their bag to ruin their journey? They knew that this is illegal and anyone caught with bullet will be punished with 6 years or more in jail.It is now featured in Fox News and even Japan make some video out of it. The government said that it is an isolated case wow. They don't care! What about the large sum of money they spent for Ads to lure tourist with the Slogan "It is fun in the Philippines"? This is the reason why tourist avoid Philippines as their choice of destination after they experience this scam and other forms of extortion.

This is ridiculous!

The first known case was with the Michael White, a 22 years old American tourist who wants to visit Palawan. He claimed that he was extorted to pay P30,000.00 so that he can leave free but he refused to do so and fought back. After this incidence many "Lag-lag Bala" cases surface.

It was the first time that the tourist Lane Michael White was detained in the Ninoy Aquino International Airport Terminal 1 after the authorities claim that they found a bullet concealed in the baggage that he brought. The 20-year old man was supposed to be visiting the islands of Palawan along with his father and stepmother when they were prohibited to move along at the X-ray scanner of NAIA Terminal 4. Michale White said that the security guard got the .22 caliber bullet from the pocket of his luggage. The guards repeatedly checked the bag on the X-Ray Machine.

Michael White

He denied that the bullet belongs to him. He said that he has no idea how it got in his luggage. White refused to settle the amount of P30, 000. He insisted that he is innocent. "God endured the pain when he was being whipped at the cross and if I need to be detained just to prove my innocence so be it," Micahel said. It is not the first time that allegations about the 'Laglag-Bala' modus operandi surfaced the internet. Recently, a story was shared by a balikbayan whereas the same incident happened. He said that he paid P500 to the security personnel to allow him to depart.

 According to someone who would not want to be identify said that this Scam or Modus Operandi or method of operation is operating for a long time but nobody dare to expose. The reason for this is that they chose a passenger having a connecting flight. A passenger with connecting flight is always in a hurry and don't want problem so they end up paying money to the airport employees who planted the bullet.

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5 REASONS WHY TEACHERS NEED TO SAVE AND INVEST IN THE STOCK MARKET

My father was a teacher. He died in 2002 at the ripe age of 78 not to be exact as he was born in the 1920' and his birth certificate was burned during world war 2. As a child, I witnessed how hard to be a teacher. He made his lesson plans at dawn and prepare very early so that he could reach his school in the mountain at 7:00 AM. Actually, he worked in Bureau of Lands but decided to resign because he could not stomach the corruptions of his colleagues. Yes, corruption is as old as Philippines History.

When he retired as a teacher he struggled a lot because his monthly pension is very small. He could not even buy his own medicine for his rheumatism in his legs. This is the main reason why none of his children were interested in teaching profession. GSIS and SSS Agency are full of crap. Their employees and managers  have a higher salary than ordinary employees in other companies but the people who contributed big money for pension get a meager money when they retire.

My advice to teachers out there please don't trust your GSIS or SSS because they can't give you your lifestyle that you want when you stop working. Invest in stocks and mutual funds. These two investments can give you 20% interest per year if you will choose the right one.

I believe the stock market is for everyone who dreams of forging a bigger and brighter future for their family. However, one of the biggest hindrances of many is that they think that their profession and educational background is a big barrier for them to start to invest in the market. I’m here to tell you that the stock market is not as hard as what people think it is but rather it is something that you could use from where you are to fulfill your dreams of financial freedom.

 This blog post goes to all the teachers out there who would love to start but are intimidated to do so. What you will see below is a short story written by Renato Nepomuceno, an OFW teacher from Thailand. He too thought that the stock market was too complicated and too hard to start but that all changed when he started to study. Now he is an investor who aims to save and invest enough so that he could come home and be with his family.

Here are my 5 reasons why teachers need to save and invest in the stock market correctly: 

 1. To help change the mindset started with the young children when it comes to money matters.

 2. To liberate them from a bad-debt cycle. As soon as they start working in the public school nowadays, lending institution is lining up to offer something at the lowest interest rates possible. Bad debt can surely trap us financially.

3. The current retirement fund from the government is not enough when you retire and stop working.
4. They have dreams for their family’s financial situation. Learning on how to save and invest correctly in the stock market can help you achieve that dream.

 5. You want to leave a legacy to your family. Money might not be the most important thing in life, but it affects all areas of your life.

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