bdo securities Archives - Mindanaoan - Multi awarded CDO and New York Lifestyle Blog

As the eldest, only girl and the breadwinner in the family, it has basically been my life-long responsibility to be careful with money, finances, savings and expenses. Over the years, I have learned which investment works, where to put my savings, how to pay conveniently (and earn cashback, save energy, time and gas in the process!) and other tricks that could help me be wiser with money. I still have a long way to go to feel absolutely financially comfortable in life but here’s one thing that I’m sure can help all of us in our kuwarta goals: to be champions (and implementers) of financial literacy. Financial literacy is key! Now you might be thinking – but why is financial literacy crucial? Aren’t we just supposed to save and maybe leave everything up to the bank? First off,...

Inflation concerns persist but stock market investors are advised not to be disheartened by this scenario. Inflation slowed to 6.3% in August (from 6.4% in July) due to easing oil prices and slower increases in food prices. Inflation now averaged 4.9% year-to-date and BDO Securities expects it to settle at 5.3% for this fiscal year assuming inflation will peak this quarter. However, the Philippines remains vulnerable to inflation risks given its status as a food and energy importer. “Philippine inflation basket is more sensitive to food and energy commodities (oil, coal, rice). While commodity price trends have softened as of late (due to slowing global growth concerns), we think domestic factors (i.e. tight food supply) are set to become the primary drivers of inflation going forward,...

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Kuwarta goals: how BDO helps us to be wiser with our money and finances

Tips on stock picking in times of high inflation