I totally agree, I started putting 30% of every paycheck to index funds when I was 25. Now I am 31, with my salary going up and sometimes working 2-3 jobs at the same time, I have about 2.3M pesos and still all dividends + what I am earning (sometimes I increase to 50%) are all reinvested to compound. Yes I am 31 and still live with my parents, give them some of my paycheck but one day I'll be retired while all of my friends are still working their butts off.
I am not a financial advisor and all decisions I made were based on pure research and my own judgment. My best advice is to do your own research. @@sojuu123 and I believe @investingPH will agree.
Kudos in making all these amazing videos. All your videos are nicely presented and informative. Knowing that someone from the Philippines as young as you talk about money this way, ignites some hope in me that Filipinos would eventually change their money mindset and learn how to invest. That in the future more of us will be financially literate and our lives will change. Keep doing what you are doing! Cheering for you.
Your stock market knowledge and investing wisdom are impressive and beyond what would normally be expected for someone of their age. I have watched almost all your videos. I appreciate you sharing them, you have a very bright future ahead of you. I wish I have known all of this when I was in my 20s as well. As someone in my 40s, it inspires me to continue learning and growing and reminds me to never stop nurturing my own curiosity. At any age, there is always room for knowledge and wisdom to expand. As a beginner in the stock market myself I can appreciate how inspiring and motivating it is to see others pursuing knowledge and growth. At any stage of our learning, there is always more to discover and understand. The main thing is to nurture our curiosity, ask good questions, and seek out reliable information from experts. Small steps lead to progress over time.
Thanks for the video, my monthly budget or pension is $1500 and I live in Tunasan, Muntinlupa City plus don't rely living pension to pension, you need extra savings and emergency funds. I'm very happy enough not paying any mortgage or rent. I know 5 farangs living there and all military veterans.
May malaking bagay ka hindi diniscuss. Emergency funds and risk factor. Mag alot ka din ng small % monthly salary para sa emergency kung di mawawala ka sa track when life happens. Then, wag mo iconsider na lahat smooth ang process, walang risk free investment, lahat may upside at downside. Kaw na bahala mag apply ng risk factor sa excel sheet mo. Download ka retirement plan template na may application ng risk
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
To be realistic, you should also account for setbacks and for fortuitous events. Nobody knows the future and there are sometimes events and tragedies that will shake a person to the core. Between, have you considered inflation and the risks involved in your investment/s? I am a CPA and businessman but I have not put my wealth in stocks and guess I never will because there are more ways than one... I am amazed as to how many lay people are so attracted to the stock market and to the other higher yield investments when the risks are also significantly higher and they have barely the knowledge and experience to navigate the intricacies of their business undertaking. Isa pa, wala ka pa pamilya, so napakaliit pa ng responsibilidad at mundo mo. But then again, you are already way ahead of others and I'd like to wish you good health and safety to help you stay the course. Kudos.
Kudos to young people like you who makes contents like this. I wish there were already YT and social media during my days. Thankfully, there are authors like Robert Kiyosaki, Bo Sanchez, Dean Pax and others who are into Financial Literacy. But who can only afford to buy their books? Unless one really wants to get out of poverty... Investing in oneself is expensive years ago esp if you came from a far flung barangay. Anyway, I wish you more blessings so you can share more to others. God bless!
I started in sunlife mutual funds. Then bpi trade, stock market. Then crowdfunding. I now i just hold my stocks and mutual funds and everything new goes into cryptocurrency
Nope. Investing even small amounts would grow to large sums in the future if you use compounding. You wont be able to change your life if you think that way.
I am graduating this year. I wanna know how I can get started to investing about this. I really dont want to work my whole life and see that its still not enough and rely on ny family for simple subsistence.
3% is a very safe estimate, did u take into account the taxes on your computations? set the expectations low and be pleasantly surprised when u get more eh
where are you investing? i often see the 4% rule of Bengen frequently quoted as a goal that will set you up for retirement even in other countries. those numbers came from a 50/50 us bond/S&P allocation that was able to surivive the worst 30 yr period after retirement in the mid 60s.i am not sure what a backtested sustainable withdrawal rate would be for the Phil stock market. that being said having a number to shoot for gives you a goal. dividends are not the end all be all. what is important is the total stock return. if you notice, your stock price goes down after the dividends are distributed. that being said companies with dividends are typically with profits so long as their payout ratios are reasonable. ExxonMobil had a payout ratio of more than 100% in the early parts of the pandemic( it was paying out more than it was earning. luckily oil prices recovered and then some). i am a filipino doc in the us that retired last year at 55 y/o.
This is identical or comparable to FI/RE movement in the US, or the 4% rule (7% average returns minus the 3% inflation). But the problem (for me) of FI/RE movement or planning to retire early is that it focuses too much on the unknown future. Saving and investing it all might be a good idea, but it's also good to enjoy the fruits of our labor sometimes cause we do not know what lies in the future, or if we'll be able to experience or be on that "Future". It's good to be proactive, but it's also good to experience the joy that you can have right now. Reward yourself, travel, treat your family and friends, but don't forget to set limitations and always get back on your goal to retire early.
Because the tendency is, when you're old enough, married and have a family, and you start thinking of things that you should've done/bought/enjoyed in your earlier days, you'll also start to think that you can't do it anymore because you already have different priorities (other than yourself). What happens after that? Frustrations and regrets. Wishing that you've done what you want in your earlier days. So it's really important to find that balance. Don't get me wrong, I love this video, love how understandable it is to our fellow pinoys who are just starting in their journey in personal finance space.
Everything you said are actually what's on my mind which I can't seem to put into words. I mean I know my vision but I guess I should get back to writing them on paper, maybe it will help me gain clarity. Thank you for your video. The universe brings me here I know!
Well done anak, you are ahead of your time. Good luck and God bless on your journey. I am planning my early retirement in the Philippines too. I am just waiting for my kids to finish in university. I have 3 more year before we start to transition and it will take us 3 yrs transitioning so 6 yrs all in all before we retire for good. This took a long time too, i started all this in 2016 when i decided we are retiring in Mindoro. All the while i thought we will retire here in the uk.
from what I understand you are into medical field. may I ask how are you so knowledgeable about financial management and your investments? did you get it from a book or you have a good mentor? I think what every Filipino lack is this kind of mindset. most of Filipinos lacks financial literacy. I hope you can inspire more. kudos for doing this kind of content. I strongly agree in every thing you are saying specially about compounding, that's how you grow your money so faster.
@@InvestingPH I asked coz I see myself in you. we technically have the same mindset. I also love to read books. knowledge can also be compounded. have you tried reading limitless by jim kwik? but right now im more focus on trading books.
Hope the F.I.R.E movement spreads out in the PH. Not many Filipino's appreciate investing and the concept of risk-reward. Are you going to risk your future by playing it safe? not me...
Hello! I sooo appreciate your videos and this one is one of my favorites. It makes sense to invest in dividend paying companies so the payout is consistent. Very smart move! I have a question (not sure if you've done a video on this already), but how do you save for your emergency fund? Do you advice to start aggressively investing while saving for your emergency fund? Currently, my husband and I (both mid 30's) are building our investments for our retirement, but we also want to grow our emergency fund to at least a year's worth (we're at 3 months worth at the moment). Siguro I get paranoid lang na what if we both lose our incomes and hindi namin mareplace in 3 months, so gusto ko sana sya stretch to 12 months. So right now, sobrang tipid na namin talaga to keep up with the investments and emergency fund savings. Do you recommend to save up for the emergency fund first (possibly pausing our investments-- we do peso cost averaging lang so basically we'll cut down our monthly investment) before maximizing our investments again? Nasasayangan kasi ako sa oras pag binawasan or nagpause kami ng investments. Minsan lang sobrang tipid na na parang we're not giving enough wiggle room na to enjoy our money. We have 2 kids by the way (5 yr old and 1 yr old) and we're also saving up for their college fund.
What I did is I slowly build up my emergency fund while still investing. But technically your situation maybe different from mine since I only have myself to worry about. If you think it is better for you to save up first an emergency fund then go with it.
I retired 2 years ago and i was 38 years old. I’m 40 years old right now. I got a simple lifestyle and all the leisure that i enjoy doing are free such as walking, reading and swimming. I was fortunate that I’ve been able to purchase a modest home in a gated subdivision before retiring. The subdivision has a 83 hectares of area to walk around and it has a swimming pool, tennis court and basketball court. I’m in the low and poor income bracket. But the good part is my income is purely passive. Which means that l don’t have to work and like magic money will be on my bank account monthly until the rest of my life. As long as I live below my means. I may look and live poor but the good part is that i don’t have to work and listen to the bullshit and nonsense of a work place. You can definitely buy happiness and peace mind and its cheap.
@@InvestingPHI’m sure you will just sacrifice and ignore all the noise. I will be honest with you based on my experience it would be better to keep it a secret to your friends and relatives. They will bash and laugh at you based on my experience. But keep on going just surprise them one day that you’re chilling and the haters will still be working and crying about their miserable job.
Parents ko nag retire ng maaga at pumasan sa mga anak agad. Particularly sakin. Eto ako ngayon, walang ipon, hindi masaya sa buhay, hindi ma enjoy ang buhay. Ang pera napupunta sa sustento. Gaslight ng magulang, di pag papalain ang di nag aaruga sa magulang. Tamad parents ko. Di ako bilib kung pano sila naging magulang samin.
I really like the animation and explaining a complex topic in a simple way 😁 How I wish I can invest most of my monthly salary kaso I'm a bread winner.. Anyways, wishing you all the best Doc!
We both have similar strategy using compound interest,retiring young and using fire strategy,you can also find mutual funds that earn 4 to 16% percent earning dividends anually,since banks give only 3 percent with tax,they don't want us to be financially independent ,
FIRE Pinoy Edition! Mas may impact, mas relatable to our own local lifestyle. I wish I started investing in my 20s but family responsibilities kicked hard. Anyway, it’s better to be late than never. Thanks for inspiring us, Doc!
Thanks for this video sir. Truly inspiring and empowering. I so love this part 8:21-9:10, very relatable lol. I will be the same age as you next year. I just started my investing journey last year and I wish I would have done it during my earlier years.
I can relate to this guy, except that he is investing money while I'm investing on upgrading my educational background. 😅 They say that my life is boring, 🤣🤣 maybe for now but in the future, we'll see. 🤣
you try to invest your money to yourself rather than invest in another company.,.3 percent dividens tapos about 3 percent ang inflation...meaning wala kang kinita,,? madami paraan para kumita ang pera hindi lang sa stock market..15M to 20M..?hangang kailan kaya makakaipon ng ganun kalaki?
Eto yung mga taong kinain na ng sistema. Na ang alam lang para magka pera ay magtrabaho at mag tayo ng business. Lets see after 10 years. My stocks porfolio vs your high paying job. Challenge accepted haha.
I only started investing at 24, maybe because my first job is only at minimum wage and the cost of living in Makati is really high. I actually felt that it was too late for me. But now I am really trying to catch-up and minimize all my expenses, specially that we are now at a work from home arrangement. I also buy my needs only, as much as possible, no wants. It was really a sacrifice, but at least I am now reaching my set milestones. My goal is to retire at 35 years old with 20M retirement capital. Hoping I would succeed. Wishing us all a happy and worry free retirement. 💖
Php20M at age 35 is not impossible but virtually unreachable IF you work solely in the Philippines even let's say you gradually get up the corporate ladder. We earn but we also cover multitude of expenses and sometimes losses too so you should only account for your disposable income as you project your future wealth. Dream big but make it reasonable.
Time once wasted never return.. Money spent can be earned again.... You don't have to be frugal.. set a target amount for investment... then do something to increase your income so that you can invest without sacrificing your wants or happiness... remember every stage of our life our wants(happiness) is changing.. when we are kids we like toys.. at 20's we like cars.. at 40's SUV / UTE.. live your life everyday....
I started to invest in my late 20s. I am now 38 y/o and planning to retire by the age of 40. My investing style is also like yours (value/dividend investing). Let’s FIRE!
Finally I found a channel in PH that focuses on value investing with a clear goal in mind. Keep it up bro! I would suggest to diversify a bit on the global market for some reasons, currency devaluation, politics etc. I have a diversified portfolio worlwide with same approach as you. Alibaba is on sale right now trading way below its instric value. I stongly believe that risk is well factored in. Take a look and see if it will fit with your risk reward apetite. Cheers!
I knew it hehehee.. You're on the medical field. I've been wondering how you were alble to invest 25k to 40k a month hehehee.. Anyways great inspirating video as always sir. So thankful I found this channel. I hope many young adults could start building their wealth as well.
There is something called the Rule of 72 whereby you can determine how long it will take to double your money as long as you know your rate of return. Let's assume you already have 2 million right now at the age of 26. With an average rate of return of 8%, you divide 72/8 = 9, and it will take 9 years for your $ 2 million to double. You are 26 years old. At 35 yrs you will have $4 million, assuming the rate of return stays at 8% which is the average give or take a down market your $4 million becomes $8 million at 44 years and $16 million when you are 53 years old. Obviously, your values could go higher if you are re-investing those dividends to buy more shares. This is on the assumption you are not investing new money every month. Doing so will definitely make the portfolio much larger. Diversification of a portfolio is the keep to sound investing the saying " do not put all your eggs in one basket comes to mind." Are you able to invest in mutual funds in the Philippines? Those are professionally managed and you hedge your risk but buying into a fund that invests in some of the world's best companies. Secondly, the foundation of a solid investment plan is to have adequate life insurance so that should anything happen to you .. your family if you plan on having one will be able to continue their lifestyle without having to liquidate your assets and let it grow since the insurance proceeds would have taken care of those immediate needs. Good luck to you young man. Good message you are sending.
I totally agree, I started putting 30% of every paycheck to index funds when I was 25. Now I am 31, with my salary going up and sometimes working 2-3 jobs at the same time, I have about 2.3M pesos and still all dividends + what I am earning (sometimes I increase to 50%) are all reinvested to compound. Yes I am 31 and still live with my parents, give them some of my paycheck but one day I'll be retired while all of my friends are still working their butts off.
Hey may I know what platform you used to invest and what you invest in?
I am not a financial advisor and all decisions I made were based on pure research and my own judgment. My best advice is to do your own research. @@sojuu123 and I believe @investingPH will agree.
is the 2.3M is your savings?
@@Ashely_7 Not savings, invested. I have a different savings account. Meaning that 2.3M is invested where money is growing
Kudos in making all these amazing videos. All your videos are nicely presented and informative.
Knowing that someone from the Philippines as young as you talk about money this way, ignites some hope in me that Filipinos would eventually change their money mindset and learn how to invest. That in the future more of us will be financially literate and our lives will change.
Keep doing what you are doing! Cheering for you.
Thank youu!!! Am happy to hear that! 😍
Your stock market knowledge and investing wisdom are impressive and beyond what would normally be expected for someone of their age. I have watched almost all your videos. I appreciate you sharing them, you have a very bright future ahead of you. I wish I have known all of this when I was in my 20s as well. As someone in my 40s, it inspires me to continue learning and growing and reminds me to never stop nurturing my own curiosity. At any age, there is always room for knowledge and wisdom to expand. As a beginner in the stock market myself I can appreciate how inspiring and motivating it is to see others pursuing knowledge and growth. At any stage of our learning, there is always more to discover and understand. The main thing is to nurture our curiosity, ask good questions, and seek out reliable information from experts. Small steps lead to progress over time.
greetings from Canada! Happy new year! financial literacy is a must for pinoys!
Happy New year!
Thanks for the video, my monthly budget or pension is $1500 and I live in Tunasan, Muntinlupa City plus don't rely living pension to pension, you need extra savings and emergency funds. I'm very happy enough not paying any mortgage or rent. I know 5 farangs living there and all military veterans.
I love MP2, it gave me an average of 7% dividends yearly.
May malaking bagay ka hindi diniscuss. Emergency funds and risk factor. Mag alot ka din ng small % monthly salary para sa emergency kung di mawawala ka sa track when life happens.
Then, wag mo iconsider na lahat smooth ang process, walang risk free investment, lahat may upside at downside. Kaw na bahala mag apply ng risk factor sa excel sheet mo. Download ka retirement plan template na may application ng risk
Very inspiring and informative. I’m in my early 30s trying to catch up with my investment so that I can retire at 40.
💪 financial freedom!!
huh
Thank You for sharing your goals, dreams and useful strategies. I am really inspired. I wish you all the best in life!!
Thank you! I'm glad you like the video! Wish you as well the best in life!
salamat sa mga videos mo sir. more power!
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
To be realistic, you should also account for setbacks and for fortuitous events. Nobody knows the future and there are sometimes events and tragedies that will shake a person to the core. Between, have you considered inflation and the risks involved in your investment/s? I am a CPA and businessman but I have not put my wealth in stocks and guess I never will because there are more ways than one... I am amazed as to how many lay people are so attracted to the stock market and to the other higher yield investments when the risks are also significantly higher and they have barely the knowledge and experience to navigate the intricacies of their business undertaking. Isa pa, wala ka pa pamilya, so napakaliit pa ng responsibilidad at mundo mo. But then again, you are already way ahead of others and I'd like to wish you good health and safety to help you stay the course. Kudos.
Very well said! Thanks for inspiring
Happy Holidays to you and your family.
Happy Holidays po sir!
Liked and subscribed too fellow vloggers.
this is much educational than watching youtube gurus
Thank you!!
So you have investments in bonds or all stocks?
I can relate to this video so much
i save as long as i can to add more to my portfolio
Kudos to young people like you who makes contents like this. I wish there were already YT and social media during my days. Thankfully, there are authors like Robert Kiyosaki, Bo Sanchez, Dean Pax and others who are into Financial Literacy. But who can only afford to buy their books? Unless one really wants to get out of poverty... Investing in oneself is expensive years ago esp if you came from a far flung barangay. Anyway, I wish you more blessings so you can share more to others. God bless!
I started in sunlife mutual funds. Then bpi trade, stock market. Then crowdfunding. I now i just hold my stocks and mutual funds and everything new goes into cryptocurrency
Ang strategy na ito ay pang Mayaman, Dentist/Doctor, pang malalaking sweldo.
Hindi ito para sa mga low salary, breadwinner ng pamilya. etc, etc.
Nope. Investing even small amounts would grow to large sums in the future if you use compounding. You wont be able to change your life if you think that way.
I am graduating this year. I wanna know how I can get started to investing about this. I really dont want to work my whole life and see that its still not enough and rely on ny family for simple subsistence.
3% is a very safe estimate, did u take into account the taxes on your computations? set the expectations low and be pleasantly surprised when u get more eh
where are you investing? i often see the 4% rule of Bengen frequently quoted as a goal that will set you up for retirement even in other countries. those numbers came from a 50/50 us bond/S&P allocation that was able to surivive the worst 30 yr period after retirement in the mid 60s.i am not sure what a backtested sustainable withdrawal rate would be for the Phil stock market. that being said having a number to shoot for gives you a goal. dividends are not the end all be all. what is important is the total stock return. if you notice, your stock price goes down after the dividends are distributed. that being said companies with dividends are typically with profits so long as their payout ratios are reasonable. ExxonMobil had a payout ratio of more than 100% in the early parts of the pandemic( it was paying out more than it was earning. luckily oil prices recovered and then some). i am a filipino doc in the us that retired last year at 55 y/o.
salamat kabayan. Laking tulong ng video mo😇 Sana mas madami pang pinoy ang makapanood ng video mo
Thank you! Also hoping for that 🙏
This is identical or comparable to FI/RE movement in the US, or the 4% rule (7% average returns minus the 3% inflation). But the problem (for me) of FI/RE movement or planning to retire early is that it focuses too much on the unknown future. Saving and investing it all might be a good idea, but it's also good to enjoy the fruits of our labor sometimes cause we do not know what lies in the future, or if we'll be able to experience or be on that "Future".
It's good to be proactive, but it's also good to experience the joy that you can have right now. Reward yourself, travel, treat your family and friends, but don't forget to set limitations and always get back on your goal to retire early.
Because the tendency is, when you're old enough, married and have a family, and you start thinking of things that you should've done/bought/enjoyed in your earlier days, you'll also start to think that you can't do it anymore because you already have different priorities (other than yourself). What happens after that? Frustrations and regrets. Wishing that you've done what you want in your earlier days. So it's really important to find that balance. Don't get me wrong, I love this video, love how understandable it is to our fellow pinoys who are just starting in their journey in personal finance space.
@AuthenticMath Always?
Most filipino's retirement plan is waiting for their kids to get a job 😆 🤣
Sad... But so true 😥
No rental or property investment?
Maybe in the future if I have enough cashflow 😊 let's see.
Ma achieve mo yan.
Everything you said are actually what's on my mind which I can't seem to put into words. I mean I know my vision but I guess I should get back to writing them on paper, maybe it will help me gain clarity. Thank you for your video. The universe brings me here I know!
Wrong approach to you can earn 10 percent per year on usdc coin it’s always worth a dollar.learn the proper skills to earn yield
Well done anak, you are ahead of your time. Good luck and God bless on your journey. I am planning my early retirement in the Philippines too. I am just waiting for my kids to finish in university. I have 3 more year before we start to transition and it will take us 3 yrs transitioning so 6 yrs all in all before we retire for good. This took a long time too, i started all this in 2016 when i decided we are retiring in Mindoro. All the while i thought we will retire here in the uk.
Woah thats nice to hear! Advance congratulations on the early retirement! Lets claim it!
from what I understand you are into medical field. may I ask how are you so knowledgeable about financial management and your investments? did you get it from a book or you have a good mentor? I think what every Filipino lack is this kind of mindset. most of Filipinos lacks financial literacy. I hope you can inspire more. kudos for doing this kind of content. I strongly agree in every thing you are saying specially about compounding, that's how you grow your money so faster.
Sadly I didnt have a mentor. I've learned everything from books and looked for quality youtube videos as addition to it.
@@InvestingPH I asked coz I see myself in you. we technically have the same mindset. I also love to read books. knowledge can also be compounded. have you tried reading limitless by jim kwik? but right now im more focus on trading books.
I like your methodology in general, but I don’t like index funds right now
Hope the F.I.R.E movement spreads out in the PH. Not many Filipino's appreciate investing and the concept of risk-reward. Are you going to risk your future by playing it safe? not me...
Thank you so much for sharing. Love your videos! Yes, work while others are sleeping!
What investment books do you recommend for beginners? I want to start learning.
Tama yan bro..I started also since I am 25❤
Stablecoins staking can give you 5 to 20% apy
Are you also a member of Truly Rich Club sir?
Hello! I sooo appreciate your videos and this one is one of my favorites. It makes sense to invest in dividend paying companies so the payout is consistent. Very smart move! I have a question (not sure if you've done a video on this already), but how do you save for your emergency fund? Do you advice to start aggressively investing while saving for your emergency fund? Currently, my husband and I (both mid 30's) are building our investments for our retirement, but we also want to grow our emergency fund to at least a year's worth (we're at 3 months worth at the moment). Siguro I get paranoid lang na what if we both lose our incomes and hindi namin mareplace in 3 months, so gusto ko sana sya stretch to 12 months. So right now, sobrang tipid na namin talaga to keep up with the investments and emergency fund savings.
Do you recommend to save up for the emergency fund first (possibly pausing our investments-- we do peso cost averaging lang so basically we'll cut down our monthly investment) before maximizing our investments again? Nasasayangan kasi ako sa oras pag binawasan or nagpause kami ng investments. Minsan lang sobrang tipid na na parang we're not giving enough wiggle room na to enjoy our money. We have 2 kids by the way (5 yr old and 1 yr old) and we're also saving up for their college fund.
What I did is I slowly build up my emergency fund while still investing. But technically your situation maybe different from mine since I only have myself to worry about. If you think it is better for you to save up first an emergency fund then go with it.
i really love your contents! very inspiring and im getting lessons and realizations, something like "ting!!!!! oo nga ano"
Happy to hear that!
I like this channel. I'm learnign a lot
I retired 2 years ago and i was 38 years old. I’m 40 years old right now. I got a simple lifestyle and all the leisure that i enjoy doing are free such as walking, reading and swimming. I was fortunate that I’ve been able to purchase a modest home in a gated subdivision before retiring. The subdivision has a 83 hectares of area to walk around and it has a swimming pool, tennis court and basketball court. I’m in the low and poor income bracket. But the good part is my income is purely passive. Which means that l don’t have to work and like magic money will be on my bank account monthly until the rest of my life. As long as I live below my means. I may look and live poor but the good part is that i don’t have to work and listen to the bullshit and nonsense of a work place. You can definitely buy happiness and peace mind and its cheap.
Hope I can reach it someday!! I also want a simple life like that
@@InvestingPHI’m sure you will just sacrifice and ignore all the noise. I will be honest with you based on my experience it would be better to keep it a secret to your friends and relatives. They will bash and laugh at you based on my experience. But keep on going just surprise them one day that you’re chilling and the haters will still be working and crying about their miserable job.
Parents ko nag retire ng maaga at pumasan sa mga anak agad. Particularly sakin. Eto ako ngayon, walang ipon, hindi masaya sa buhay, hindi ma enjoy ang buhay. Ang pera napupunta sa sustento. Gaslight ng magulang, di pag papalain ang di nag aaruga sa magulang. Tamad parents ko. Di ako bilib kung pano sila naging magulang samin.
😥
What companies are you invested on?
Very inspiring video. Thanks Doc!
I really like the animation and explaining a complex topic in a simple way 😁 How I wish I can invest most of my monthly salary kaso I'm a bread winner.. Anyways, wishing you all the best Doc!
Thank you I'm glad you like it!
We both have similar strategy using compound interest,retiring young and using fire strategy,you can also find mutual funds that earn 4 to 16% percent earning dividends anually,since banks give only 3 percent with tax,they don't want us to be financially independent ,
You are already retired for the Philippines and you don’t know it
People saying that retiring early are the ones that they wanted top let you down and tired until you aged
Your videos deserve millions of views
Sir, are you a MD as you said in your " clinic"?
Dentist sir 😊
Do you invest internationally or all local companies
As of now only local companies
FIRE Pinoy Edition! Mas may impact, mas relatable to our own local lifestyle.
I wish I started investing in my 20s but family responsibilities kicked hard. Anyway, it’s better to be late than never.
Thanks for inspiring us, Doc!
Right! The earlier the better to let compounding do its job!
how to get my dividend in that company sir?
Dividends go straight to your brokerage account
Thanks for this video sir. Truly inspiring and empowering. I so love this part 8:21-9:10, very relatable lol. I will be the same age as you next year. I just started my investing journey last year and I wish I would have done it during my earlier years.
Thank you! I'm glad you like the video!
Voice like Niro tajan??are you Niro tajan???
@@pinoysuccess2965 nope hehe
thank you for this.
Gud dAY PO SIR, query lng po, wala po ba kayong plano maginvest sa ibang stock markets, gaya ng sa US stock market? Thnkz po
Once my portfolio grows I am also planning to invest in the US market
@@InvestingPH thnkz s fidbak sir
Dentist ka pala Bro 😁👌
I'm so happy that I saw this chanel, saktong nag aaral palang ako mag invest it's helpful to be honest! ❤️❤️
Thank you happy to hear that 😍
@@InvestingPH can I request po na video about REIT'S? Thank you po 💗
I can relate to this guy, except that he is investing money while I'm investing on upgrading my educational background. 😅 They say that my life is boring, 🤣🤣 maybe for now but in the future, we'll see. 🤣
you try to invest your money to yourself rather than invest in another company.,.3 percent dividens tapos about 3 percent ang inflation...meaning wala kang kinita,,?
madami paraan para kumita ang pera hindi lang sa stock market..15M to 20M..?hangang kailan kaya makakaipon ng ganun kalaki?
Youre forgetting about capital returns.. dividends is just what I want for my retirement so as not to touch my capital
@@InvestingPH pwede naman kumita ng wala kang pera..madami kang pwede gawin sa 15M mo kung invest mo sa iba,.,
@@Pinoystory311 so you are saying the stock market isnt a good place to invest money? I disagree big time.
Hangang kailan mo kaya maipon yang 15M to 20M mo.eh kung jan ka masaya eh di sa stocks ka..sana makamit mo yang pangarap mo.
Eto yung mga taong kinain na ng sistema. Na ang alam lang para magka pera ay magtrabaho at mag tayo ng business. Lets see after 10 years. My stocks porfolio vs your high paying job. Challenge accepted haha.
are u dentist by profession?
Yes
thanks for sharing po ❤️ happy holidays
Happy Holidays!!
Very inspiring and informative. I am always learning every time I listen to this guy.
Really Happy to hear that!
😘
The bigger you become. the harder you fall..keep that in mind ..pray..
The bigger you become, the more responsible you should be with your money, and always stay humble. 🙏
Merry Christmas sir!
Merry Christmas!
Great video! Dentist ka pala bro?! Nice!
🤣🤣
Dafuq, you can do 30k investment a month for a 26 year old? Bro, what's your job and how much your monthly salary?
I am a dentist 🦷🦷
I only started investing at 24, maybe because my first job is only at minimum wage and the cost of living in Makati is really high. I actually felt that it was too late for me. But now I am really trying to catch-up and minimize all my expenses, specially that we are now at a work from home arrangement. I also buy my needs only, as much as possible, no wants. It was really a sacrifice, but at least I am now reaching my set milestones. My goal is to retire at 35 years old with 20M retirement capital. Hoping I would succeed. Wishing us all a happy and worry free retirement. 💖
Yes living expenses in the city is high, i feel you 😩 We can do it!!!
trust me 24 is not too late
Php20M at age 35 is not impossible but virtually unreachable IF you work solely in the Philippines even let's say you gradually get up the corporate ladder. We earn but we also cover multitude of expenses and sometimes losses too so you should only account for your disposable income as you project your future wealth. Dream big but make it reasonable.
yes 20M is possible at 35 yrs old in the philippines.. be a politician 👍😂
Time once wasted never return.. Money spent can be earned again.... You don't have to be frugal.. set a target amount for investment... then do something to increase your income so that you can invest without sacrificing your wants or happiness... remember every stage of our life our wants(happiness) is changing.. when we are kids we like toys.. at 20's we like cars.. at 40's SUV / UTE.. live your life everyday....
I started to invest in my late 20s. I am now 38 y/o and planning to retire by the age of 40. My investing style is also like yours (value/dividend investing). Let’s FIRE!
Yes we can do it!!!
Where do you invest to get 8% interest rate per annum?
Stock market index have an average of 8-10%. But again past performance doesnt guarantee that it will perform like that in the future.
@@InvestingPH Thanks! PSE returns the past 2 years are a lot smaller than previous years
@@junsilver650 Yes indexes sometimes become stagnant. Thats why when you value it, it should be in the longterm. More than 10 years
Finally I found a channel in PH that focuses on value investing with a clear goal in mind. Keep it up bro! I would suggest to diversify a bit on the global market for some reasons, currency devaluation, politics etc. I have a diversified portfolio worlwide with same approach as you. Alibaba is on sale right now trading way below its instric value. I stongly believe that risk is well factored in. Take a look and see if it will fit with your risk reward apetite. Cheers!
Yes am planning to diversify to global markets. When my investments grow!!
I knew it hehehee.. You're on the medical field. I've been wondering how you were alble to invest 25k to 40k a month hehehee.. Anyways great inspirating video as always sir. So thankful I found this channel. I hope many young adults could start building their wealth as well.
Thank you sir!! I'm glad you liked the video!
Good day sir. Do you have mutual fund or uitf too?
I have an index fund. But only in my VUL.
Great vid
Thank you!
Wow, very inspiring. My goal when I rich 40 y/o is to have more than 100k dividends from all of the best companies I invested in PSE...
Now thats even better!!
1.2M yearly is very doable on a 30M portfolio, assuming a 4% dividend rate. Also, why limit yourself to PSE when you can invest in US markets.
subs. good luck! i too have just started. 34 yrs old PH. 200 USD a month in eToro. DRIP thru SCHD and some select stocks.
Thank youu!! Road to financial freedom!!!
Is there a drip option in etoro?
There is something called the Rule of 72 whereby you can determine how long it will take to double your money as long as you know your rate of return. Let's assume you already have 2 million right now at the age of 26. With an average rate of return of 8%, you divide 72/8 = 9, and it will take 9 years for your $ 2 million to double. You are 26 years old. At 35 yrs you will have $4 million, assuming the rate of return stays at 8% which is the average give or take a down market your $4 million becomes $8 million at 44 years and $16 million when you are 53 years old. Obviously, your values could go higher if you are re-investing those dividends to buy more shares. This is on the assumption you are not investing new money every month. Doing so will definitely make the portfolio much larger. Diversification of a portfolio is the keep to sound investing the saying " do not put all your eggs in one basket comes to mind." Are you able to invest in mutual funds in the Philippines? Those are professionally managed and you hedge your risk but buying into a fund that invests in some of the world's best companies. Secondly, the foundation of a solid investment plan is to have adequate life insurance so that should anything happen to you .. your family if you plan on having one will be able to continue their lifestyle without having to liquidate your assets and let it grow since the insurance proceeds would have taken care of those immediate needs. Good luck to you young man. Good message you are sending.