Saturday, June 12, 2010


How he made it to the Corporate Ladder?

Have you ever wondered how financially favored individuals seem to get all the penny heads in the world? It could be hard-won or smooth and easy, while we are, in our own hard work, kept scratching our heads how to kick few income boosts.

Few individuals believed in life's boundless possibilities. You might as well do the way I do, because they did.

Yes, there are big guys on the corporate ladders that besides believing, seems to possess a King Midas' “magic touch.” Every investment they found turns to 'gold' at a spell of their mighty economic wand. Electively, I have picked one among the array of wealthy mongers around the world. It could be the Microsoft President Bill Gates, the Mexican telecommunications tycoon Carlos Slim Helú or the Indian industrialist Lakshmi Narayan Mittal. Nonetheless, Warren Buffett is on the top of it all.

Respectively as of 2008 he is the richest man in the world when it comes to financial mark-up, weighing $62 billion dollars on his treasure chest.

Warren Buffett, like any others, is a believer of something. He pulls few of his rhetoric brainchild ranging from the Holy Bible to an American actress-playwright Mae West as well as other few advises from Midwestern thinkers. His speeches are also whipped with intelligent to otherwise satiric humor.

However, he fails to please everybody else despite of the glimmering richness in his smile. There are those who buy his thoughts and sail with him, and there are those who run counter against his idealism. Perhaps, they could just be the minority of the few who never buy his views and 'sarcasm.'

There are things, however, that Warren do not buy too. He points, "I don't believe in dynastic wealth," quoting those born with golden spoons in their mouths as "members of the lucky sperm club." He is indifferent or rather against the transfer of wealth from generation to generation.

Action is still the best policy in his wealthy method. He himself never inherited a wealth so great to manipulate, rather he generates it over time.

Buffett asserted once, “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing".

Obviously, most of his wealth will go to the charity funds with his partnership with the Bill and Melinda Gates Foundation. 2006 breaks the biggest charitable donations ever made in history when he donated a gross amount of USD 30.7 billion dollars to the Bill and Melinda Gates Foundation.

Warren explains about his conscious relationship with his money. This could be his renowned catchphrase every time a query surfaces.

“ I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die. (Lowe 1997:165–166) ”

Meanwhile, hear few of his transcendent as well as methodical approaches to getting practically richer, if you can't be the richest man in the world (

Reinvest your profits: When you first make money, you may be tempted to spend it. Don't. Instead, reinvest the profits. Warren Buffett learned this early on. In high school, he and a pal bought a pinball machine to pun in a barbershop. With the money they earned, they bought more machines until they had eight in different shops. Warren Buffett used the proceeds to buy stocks and to start another small business. By age 26, he'd amassed $174,000 -- or $1.4 million in today's money. Even a small sum can turn into great wealth.

Be Willing To Be Different: Don't base your decisions upon what everyone is saying or doing. He worked in Omaha, not Wall Street, and he refused to tell his parents where he was putting their money. People predicted that he'd fail, but when he closed his partnership 14 years later, it was worth more than $100 million.Instead of following the crowd, he looked for undervalued investments and ended up vastly beating the market average every single year.

Never Suck Your Thumb: Gather in advance any information you need to make a decision, Warren Buffett prides himself on swiftly making up his mind and acting on it. He calls any unnecessary sitting and thinking "thumb sucking." When people offer him a business or an investment, he says, "I won't talk unless they bring me a price." He gives them an answer on the spot.

Spell Out The Deal Before You Start: Your bargaining leverage is always greatest before you begin a job -- that's when you have something to offer that the other party wants. Warren Buffett learned this lesson the hard way as a kid, when his grandfather Ernest hired him and a friend to dig out the family grocery store after a blizzard. The boys spent five hours shoveling until they could barely straighten their frozen hands. Afterward, his grandfather gave the pair less than 90 cents to split. Warren Buffett was horrified that he performed such backbreaking work only to earn pennies an hour. Always nail down the specifics of a deal in advance -- even with your friends and relatives.

Watch Small Expenses: Warren Buffett invests in businesses run by managers who obsess over the tiniest costs. He also admired a friend who painted only on the side of his office building that faced the road. Exercising vigilance over every expense can make your profits -- and your paycheck -- go much further.

Limit What You Borrow: Living on credit cards and loans won't make you rich. Warren Buffett has never borrowed a significant amount -- not to invest, not for a mortgage. He has gotten many heart-rendering letters from people who thought their borrowing was manageable but became overwhelmed by debt.

His advice:

Negotiate with creditors to pay what you can. Then, when you're debt-free, work on saving some money that you can use to invest.

Be Persistent: With tenacity and ingenuity, you can win against a more established competitor. Warren Buffett acquired the Nebraska Furniture Mart in 1983 because he liked the way its founder, Rose Blumkin, did business. A Russian immigrant, she built the mart from a pawnshop into the largest furniture store in North America. Her strategy was to undersell the big shots, and she was a merciless negotiator. To Warren Buffett, Rose embodied the unwavering courage that makes a winner out of an underdog.

Know When To Quit: Once, when Warren Buffett was a teen, he went to the racetrack. He bet on a race and lost. To recoup his funds, he bet on another race. He lost again, leaving him with close to nothing. He felt sick -- he had squandered nearly a week's earnings. Warren Buffett never repeated that mistake. Know when to walk away from a loss, and don't let anxiety fool you into trying again.

Assess The Risk: In 1995, the employer of Warren Buffett's son, Howie, was accused by the FBI of price-fixing. Warren Buffett advised Howie to imagine the worst-and-bast-case scenarios if he stayed with the company. His son quickly realized that the risks of staying far outweighed any potential gains, and he quit the next day. Asking yourself "and then what?" can help you see all of the possible consequences when you're struggling to make a decision -- and can guide you to the smartest choice.

Know What Success Really Means: Despite his wealth, Warren Buffett does not measure success by dollars. In 2006, he pledged to give away almost his entire fortune to charities, primarily the Bill and Melinda Gates Foundation. He's adamant about not funding monuments to himself -- no Warren Buffett buildings or halls. "I know people who have a lot of money," he says, "and they get testimonial dinners and hospital wings named after them. But the truth is that nobody in the world loves them. When you get to my age, you'll measure your success in life by how many of the people you want to have love you actually do love you. That's the ultimate test of how you've lived your life."



Real Estate seems an elite terminology and reality that only the wealthy can mumble and afford. As for financially challenged individuals, more loads of dreaming, a ninety-nine percent of sweat and a percent of inspiration will take you there or at least a foretaste of it. Meanwhile, handfuls of knowledgeable tidbits will be posited to work out with Real Estate in a simple terms and understanding we could afford.

By etymology, “real estate” or the term “real” itself came from the Latin word “res/rei” which means “thing, matter,” and with the word “estate” which means property, thus we have the ever coveted “Real Estate.” These days, besides structural fortifications, laws and other juridical imperatives are consolidating with the real estate enterprise. Further, real estate property taxes are attaching themselves to it like barnacles or remoras for few tenable reasons such as the firefighters' salaries, road improvements, water supply and the like, making it a bit expensive even to the rich and wealthy conscious individuals.

Housing is one of the primordial contingencies every one in this world has to face besides food and clothing necessities. Everyone has their own definition of housing to where they have to put their home depending on one's financial reach. Others doesn't even have one, others doesn't have both. In our local context, this thing is truer than true – guess you've seen convertible 'real estates' below bridges. Nonetheless, to some serious real estates advocates, we've scouted few things you might have missed along the business highways. Or even just to anybody who are just hobnobbing to settle or to start a business with.

HOW TO CHOOSE PROFESSIONAL REAL ESTATE BROKER Trustworthiness is a first thing first in starting with one real estate venture, business or housing. Look for a trusted real state broker to guide you while you're on your feet still standing on a sloppy ground towards your goal. There are great reasons calling you to do so.

First, peace of mind. Within the realm of real estate are tricky maze to bring you and your assets where you are not supposed to go. The hard outset is that your effort might not pay well with you. Having a trusted professional beside you can greatly decrease the risk of spending something to nothing. Let him do the move for you – in good spirit and mounted budget – you real estate is almost done.

Secondly, avoiding or minimalizing frustration. Real Estate is barely a walk in the park. Handling all the pre-requisites to a professional real estate broker slash a lot of headaches concerning it. According to the web site there are few things you have to work out to scrutinize a nice broker. He must:

Works full-time. While there are many part-time real estate professionals out there, it is advisable to choose a full-time Realtor or agent. If you choose a person who handles real estate transactions only on weekends or a few days a week, you run the risk of missing out on many opportunities.

Has experience. Make sure to pick an experienced real estate professional. Inquire how many real estate transactions he or she typically handles each year. The more seasoned the professional, the smoother your real estate transaction will be, so put yourself in the hands of someone who has been around the block.

Is likable and trustworthy. As with any other business relationship, your Realtor should be someone you feel comfortable with. He or she should be confident, easy to talk to, and trustworthy. This person will play a large role in the future of your business, so make sure to engage someone who has a clear understanding of your business goals.

Agrees to an “out clause.” One of the worst things that can happen to a small business owner is to get stuck in a six month contract with a real estate agent they can’t stand. Perhaps you were impressed during the initial interview, or maybe he or she had first-class references. But even the closest relationship can sour over time, so writing an “out clause” into the contract is a smart move.

Is Internet savvy. As with most other businesses, the world of real estate has moved onto the Web. These days, it’s all about how fast you can find a property, so make sure to go with a real estate professional who is comfortable using the Internet.



1. Real Estate corporations tend to be more stable due to their material tangibility and sought-after properties. Further more, they often let their tenants furnish a long-term lease contracts.

2. Real Estate Investment Trust (REIT) might not be among those at the top indices as with other industries might be. Nonetheless, they may provide you with considerable returns and ease special during economic turndowns.

3. Real Estate can wait. Specially, a family real estate. It doesn't coerce you to buy full loads at once; you can in fact purchase one unit at a time.

4. Real Estate investment gives leeway for a business experience though you are not business oriented.

5. A qualification for a Real Estate Investment Trust is a profit return of a company to the shareholders, grossly 90% of its earnings in a form of a real estate dividend.

1. Though Real Estate business tends to be stable, it doesn't fully guarantee as with REITs that it will not work with risk. Real estate market is itself dependent on the integrity of the socio-economic status. A downturn on the economic scene would mean serious matter for the Real Estate.

2. Investment on the real estate mean only one thing for the brokers as you are starting, but generally requires more hands-on on the part of the investor or you yourself.

3. Since the investment is a realty which pertains to things that can tend to break down by natural course of nature or by any other means, maintenance is a big deal for the investors – it takes money or time, but more often than not it takes both of them.

4. You have an increased exposure to legal as well as financial matters. This may seem an advantage intellectually, but most likely this may take you by the neck and gave you more hustles than where you have set your mind prior to the investment.

5. Here, your cash cannot easily be accessible, perhaps because of the regulations set by the Real Estate Investment Trust.

Everybody needs a house that's a thing for sure. Business realty brokers and investors themselves have houses to save their skins after long days of workloads. And when it's time for you to take your house' welfare into your hands it a crucial move to do, more than you think it's easy.

Together with your house are memories which are the hardest thing to pay for and bid amount. Sadly, buyers wouldn't mind any of those. When they mean real estate then it's real estate. They won't bother if you've been scampering your backyard since toddler years or catching butterflies on it during summer. So, selling your house and lot may take few brain cells and a sacrifice of some emotional memories on board.

As might have been mentioned above, selling your house necessitates you to talk to experts. They are valuable in helping you assess your house's material value – emotional and sentimental attachments would be much to their regret might not be counted in. This helps the buyer on the other hand, by giving them reassurance of what must be the real score of the house and lot. Just don't for get to tell the appraiser bout the repairs and add-ups you made to make some necessary adjustments on its value and pricing. If experts are not around, this must not give much anxiety since all it takes are at least your neighbors who have pitched once or anybody else who have experienced selling their own property.

Another thing, you might as well do some brisk walking to a neighboring house and try to compare yours with them in terms of structural construct, size, amenities (if there's any), proximity to strategic places and the likes. With this, you can dig-up profitable thoughts on how to deal with its pricing with or without the brokers.

"How much is my house worth?" This is a question better asked to real estate agents who have sold homes within your area. Market analysis is usually free and they would work on commission only if they sold the house. Not only will you get your money's worth, it will also save you a lot of time and effort.


Thursday, June 10, 2010


Each of us has considerable shares of economic crisis, either you're a businessman, or a simple buyer of commodities.

Nonetheless, this impending dark clouds of economic crisis is worth it if we are panic oriented and less likely to affect if we are aware of the opportunities and the necessary actions to be done. Global economic crisis and opportunities are two sides of the same coin.

Few entrepreneurs see it as an opportunity to serve and patch the breach of our economic fortress. “Crisis brings numerous profitable opportunities in the market because people have demands that could be possibly addressed by businessmen. It makes you the best entrepreneur because it gives you opportunities,” said Butch Albarracin, founder and CEO of the Center For Pop Music Philippines.

One has to be vigilant enough to respond to the economic crisis. It could be an opportunity to show-off an entrepreneurial agility and at the same time philanthropy – to help those in need. Their's no excuses to be discouraged, the more we should be obstinate and even to pin down the crisis. “Filipinos should not be discouraged by poverty.” It's just a combination of initiative and hard work. Any enterprise having that kind of attitude will be lucrative in the long-run,” said Jovel Cipriano, founder of – a website that sells Filipino delicacies around the world.

The logic is simple, there is the crisis and here are the opportunities to respond to that crisis. This could be a multifarious things to be said and done. However, geniuses at the corporate is in cunning smile on top of their canopy.

As for every individuals like us considered cells of every economic body, here are few tidbits that can help you toss up few advantages over the evil of this crisis:

Remember that it's all about finances that almost every body is facing about. So it's all about being thrifty now and being ordinately diligent in almost everything.

First thing on hand is food. Yeah, food. Whether we like it or not, we really have to eat, else the other thing is not a palpable choice. The editor suggest you grow your own garden. This may save you a lot for some marketing expenses. I don't mean sarcasm to those living on the 20th floor of a condo unit. However a patch of soil on a terrace, you can grow tomatoes at best. Just don't forget to enjoy what you're doing. While for those who are living at the bosom of a farm, this is one big hit for you. At most, you have to watch-out for unnecessary left-overs.

Second is transportation. Why not take a public transportation. Of course their might be other things I might not happened to hit along the lines why I should say step down from your cozy couch sedan and kick-ass on a jeepney ride or something. But try to take the balance such as the cost of the gas, parking, maintenance and your additional slot on the traffic jam.

Third is for entertainment. Why not enjoy simple stuff as of the moment. Instead of going to the cinema, why not spend an hour or two with your family in front of a television set. Instead of getting tabs on the Internet and Play Stations for several hours, why not revive your old hobby. It might be playing guitar, sketching, reading books, conversing with friends and a lot more.

Third is housing. This is corollary to food. We really have to have a house, whether we like it or not, others just got no other choice. Well, anyway you're good enough if you have a house just before the crisis hit. Nevertheless, it would be your lucky strike if your planning to have one yet since some said real estate prices are down. But still, take time to think and realize few things. For micro savings on your household, well, it would take another issue to tackle it down.

Fourth and not the least is our individual jobs. This is again an opportunity to love your job while others are basking the heat of the sun looking for one; or worst, got retrenched from their jobs (might be because of the crisis). And if you did really lose your job, then don't just freeze on the corner waiting to be walloped by the crisis, look for a brand new job. It is again an opportunity to prove your worth as one of the economic warriors who is willing to stand the test of times.

Again for your finance, the simple rational reflex is spend less, save more.


Monday, June 7, 2010


“Money is not the most important thing in life, but it is certainly as important as the air we breathe.”

Ever since the world begun, money has been a universal catalyst for material debts. It has been the world’s material ‘center of gravity.’ Money has been known to be the most coveted material element in this world just like diamonds, gold, lands that dangle miles and miles and properties that translate themselves into heaps of money.

They said money even makes the world turn around, what do you think? You’d combat what I’ve said and rather retort, “no, it’s love, it’s love that makes the world turn around.” Okay, I’ll just say, “love for money makes the world turn around.”

Yes, we know that it is the word “love” that owns the rightful place of the adage “…makes the world turn around.” I don’t run counter to any of those ideologies. Love per se in its transcendental meaning and money itself in its ephemeral utilities are like the two flapping wings of a bird. It would rather be crazy to see a bird fly with only one wing. We need both elements to stand tall against the mantle of this world.

Money matters! That’s it. Nobody would dare bluntly say “I don’t need money,” else he can’t breath.


Before the dawn of monetary exchange and warfare, it is just a matter of I’ll-take-yours-you-take-mine fashion of meeting everyone’s need. Well, that’s the time when everyone’s ancestors are still purging a pickaxe inch by inch on the anvil. It is still the time when a farmer and a cow boy kick ass over the sizes of clothes and the weight of a cow cut twice.

Barter is the coined term of the medium of exchange before money. Two individuals owning different commodities inter into a fair agreement to trade their goods. One sack of wheat to swap with a bunch of bananas, ten pieces of medium sized mackerel to swap with nicely hewed porcelain. Or an Ipod Touch to swap with Nokia 5110, brows up! Duh, it isn’t fair anyway!

Barter enterprise at least enjoyed considerable years over the barter “wall street” scenario. But because of the inconveniences it brings, it’s blithe gradually fade off. Barter works like this; for example, I have a fattened lamb but I needed bananas, I must find someone who needs lamb meat in the first place and has bananas at the same time. Or if I have a half sack of sugar to swap with a container of vinegar, I’ll still have to find the right prospect, just don’t kid a diabetic.

Another among many irregularities is what if you find somebody who has need for lamb meat but can only offer you a sack of rice? So, the style sucks a bit.

Some more, other goods just can’t wait for minutes. Some goods are literally perishable and thus needs to be released. You just can’t hoard them for time, in contrast with bank accounts and or notes that can be stored practically or virtually for life.

One more thing is its transferability. You can’t determine whether a bunch of banana can suffice the whole fattened lamb, so you have to slice up the meat, somewhat muddling business.

If we see, barter’s mode of transaction is direct and frank, what you see is what you get, only that it lacks a sense of universality and those mentioned above.

This is where money set foot unto our economic shores. Excuse me for some economic cliché I can’t spell here, but money (either in bills or in some other mode) has been agreed upon to cater the deficiency of the previous economic medium of exchange. Sealed with what they called “legal tender,” money has become the lifeblood of our present economy.

Money’s power, valuability including evil deeds that root from it don’t come from itself, but from individuals themselves who agreed upon to give face and value to such thing – called money.

Truly, man is the measure of all things. Who says diamonds, gold, money and everything has inherent value in them. Rather, it is man who instilled importance and so much ado in them while those things just lay flat on the ground.


Where on earth would you convince somebody, penniless and starving to death because he has no money to buy his food or basic needs – that money can't buy him “happiness?” Are you not amenable that you are working day and night, dusk till dawn clashing skin to skin with fastidious mates on a congested office cubicle? And at the end of the day you shrug your shoulders and realize in front of your face that money is a hard-won reality in this world. So, you are not working for money (I don’t say money alone), and if you are, where is that! You are working for a thing that doesn’t make you happy, like money?

Money has been an object of the ‘pursuit to happiness’ despite the claims that there are 'commodities' money can’t really buy – and there really are. In the metaphysical hemisphere, I guess everything is free, like love, affection, time, attention, respect and other different hues of emotions. You don’t need to buy them; since it is “economically” abundant among us. But in our physical hemisphere money is a life raft or a luxury cruise ship that makes you afloat and alive. Nonetheless, to those financially gifted individuals who have experience how money takes toll amidst relationships, such as time, attention and affection of business engrossed parents toward their children, a “money can’t buy you happiness” thing is a truism. However, for us financially challenged, I don’t think so! That is why I think it would be easier for me to persuade a rich man that money really can’t buy happiness, rather than convince a poor man about it.


How do you earn your own money? Alright, from various articles I have read even from professionals themselves, one thing they suggest.

You might can’t believe it, but it’s true.

They suggest, stop looking for it!

I mean, there’s nothing wrong with your eyes, it’s not a clerical error either. It’s clear as glass, “stop looking for it” – and start doing your job – money will just follow!

Other authors suggest, it is actually your attitude towards money that hinders you from having it. If you still believe that money itself is the “root of all evil” or that money is the cause of all miseries on earth, you’d rather check-out your biases.

Practically, I am thinking of its logical implication, I see! I remember once in our economic subject, that in economy there are at least binary elements that took center stage of our economic growth, goods and services. To cut it short, where you are doing your job or as you are expected of, you are actually rendering a service – which is logical enough and worth paying for.

Or, haven’t you asked Manny Pacquiao about it?

Did Manny ever presume that life would be this kind for him? Did he ever dreamed being a billionaire someday despite he and his family batten on a 50 pesos knock-out pay for him when he was still an eager slab on the boxing ring? Did he ever dream of becoming every fanatic’s apple of the eye – famous? I don’t think so he is thinking much about it – he is just doing his job…that’s it! Afterwards fame and fortune just clutch-up to his shoulders like crazy.


In a Christian point-of-view having money or becoming rich is a warning to them and to anybody, not that they become bad or repulsive to heaven. It’s just that by nature humans also tend to be ravenous and selfish which is more likely to manifest when you are rich. Remember, when you have more, you tend to have even more – which is inordinate! You don’t even need most of them anyway.

Being rich is not a bad thing. Mind you, God himself is the richest being in the entire universe or wherever there is another universe. He owns every breath you take from the time you were born till you expire your last. He owns every bit of dust on the solid ground where Burj Dubai stood still. He owns everything!

Meanwhile, here are few money thoughts you might as well consider in dealing with money.

•Define what is a need and what is a want. You need clothes. You want Chanel. You need shelter. You want a mansion. You need food. You want to eat out every day. The problem is that our list of wants is endless and that tempts us to keep buying. Allow yourself one "want" every once in a while but also learn to live with the knowledge that if you are to have any money in the bank, you cannot get in debt to acquire your wants.

•A raise at work is not a green light to increased spending. Think of a raise as money you can save. Living below your means really is an art that few people can master, but if you do it will be extremely rewarding. You will never see an empty bank account again.

I want to thank here Diana Sullivan for imparting her ideas.

1. Money is energy. It is a fair form of energy exchange. This constant form of exchange allows us to become present and conscious. If you don’t believe that just become distracted or unconscious about your money and see how fast it disappears.

2. Spirit and money are inseparable. To give a financial value to others is a spiritual act. And to make money creating wealth requires following spiritual laws. Stop feeling guilty about acquiring money. Money is not good or bad, it’s a neutral event until you place a judgment on it.

3. Having a creative idea – and envisioning – is the first step to creating wealth. The second is feeling what you would feel as a result of owning that wealth. As you hold those feelings, you attract what it is that gives you more of those feelings. Money is energy and can be magnetically attracted.

4. Creating wealth occurs as a result of setting values, the value of building wealth. If you do not hold a value of appreciation for building wealth, you will not. It’s important to place a high value on building wealth since you will do whatever you value. Wherever you place your attention is what you value and what you create.

5. It doesn’t matter how much money flows through your hands, its how much you choose to save. Wealthy people who do not save may not become financially free while people who do save even though they are menial laborers can become financially free because they save their money.

6. If you want to grow wealth but don’t have a spiritual calling that requires money then you will plateau your wealth. As a spiritual person you have a requirement to continually go inside to find your mission and grow yourself and excel in your spiritual purpose.

7. Love equals money. Until you allow yourself love, don’t expect to allow yourself money. If you don’t love yourself or value money for yourself then it will pass through your hands to those who do value it.

8. People who say, “I’m not in this for the money” will work their whole life focusing upon making money. People who save money find the freedom from it. People can have little money and be attached to it while people can have vast fortunes and have no attachment to it.

9. When you make a dollar you hang out with people with dollars. When you make thousands, you hang out with people who have thousands, and when you save a million, you hang out with people with millions. The more money people have, the more influence and the more they can help others.

And the final principle is; People who learn to save their money live longer because of less anxiety, better lifestyle, and better health care, etc.