My One Word for 2017: Invest

Happy new year, everyone! I hope you spent the first day of 2017 well. I spent it with people I love, so I would say that it was a day spent well. It’s the second day of January and my this will be my first blog post for the year. Like how I have done it in the past, I always start the year with a blog post sharing my one word for the year. I have been doing this one word exercise since 2015 (Feel – 2015, Simplify – 2016). This year, I have chosen INVEST.

invest

I was looking at the other words that people suggested in http://oneword365.com/ and “invest” was the word I was looking for!


Invest in Myself

This year, I plan to invest more in myself. I successfully simplified my life in 2016, and I plan to redirect more time to taking care of myself. It’s been a while since I had a haircut (I only had one last December because we had to present our startup during demo day). I think I just had a total of 2 visits to the salon last year. Also, I realize that I need to update my wardrobe. I only get to buy new clothes when I really have something important to go to. Plus, I don’t to get to wear them during normal days, since I got used to grabbing a pair of jeans and a shirt. This year, I plan to dress up better than I did last year.

Also, I will spend more time on beauty and fitness. I’m glad to share with you that I finally got to change the battery of my Misfit wearable. I haven’t been using it, because I didn’t take time out to replace the battery. I had my first long run outdoors yesterday, and I got to wear it again. Yesterday, I also signed up for a 10K marathon this coming March. It was really just so that I could push myself. Aside from keeping fit, I will try to fix myself a bit more every day. I have a lot of make-up in my house that I don’t use. It’s such a waste not to use them. I cleaned up my make-up box. I actually threw out a lot of expired stuff already.

Invest in my Daughter’s Future

Last year, we really focused on getting our start-up Taxumo off the ground. Admittedly, we had to let go of some time that we normally would spend with our daughter (after work meetings, etc.). Aside from that, some of the money that we could have saved and could have invested on her education, was spent elsewhere. This year, I plan to set aside more time for her and intentionally, set aside more funds for her future.

Invest more time for Travel

2016 reminded me of how much I love to travel. We used to travel a lot, before we were married and during the first few years of marriage! This year, my husband and I intend to go out and see new places. We both love seeing new places and we promised ourselves that we would go out more this year.

Invest in Marriage

2015 and 2016 were rough years for my marriage. I think my husband would agree, when he reads this. I guess it was, because of the changes in our interaction as a couple. It was the first time that we are getting into business together. It was also a time when each one of us wanted to get our own sh*t done. We’re both in our mid-30s, and I guess we both know that it’s now or never. There were a lot of challenges, and we had a lot of disagreements. I believe that we have made it pass the rough part.

I haven’t been the best wife, and it sucks to admit that due to my competitive nature. haha! But this year, I plan to be the best damn wife again in the entire planet. I have seen how, as a couple, we have been effective. We have created things together, and I know that if we stick together, we can make things happen (not just for us but for the people around us).

Invest in New and Old Friendships

Because of work, I haven’t been able to spend much time with friends (yes, I have friends! haha!). I promise to spend more time with you this year!

So, that’s pretty much it! I have to run in a few minutes. How about you? What is your one word for this year?

Basics of Investing

I had a chat with a friend the other day and I asked her what her investments were. She said that she didn’t invest because she was afraid to put her money in the stock market or the foreign exchange (forex) market. Investing seems to ‘technical’ for her. I told her that there are other ways she could invest her money. I also told her that stocks and forex are actually the more complicated ones, but then these are actually simple, too. My explanation, I think, made her even more confused. Haha!

I am not expert in explaining investments (case in point – my confused friend), but I know of a friend who explains investing really well. He is also having a workshop on Investing for Beginners this coming August 2, 2014 at Slate Creative Studio in Boni, Mandaluyong City (Right across Rizal Technological University). The workshop will be from 10AM to 3PM.

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This workshop has a lot of hands-on and interactive activities that will help you understand the different types of investments that are available in the market. It includes a discussion on time deposits, bonds, UITF’s, mutual funds, the stock market and even real estate.

After the workshop, you will go home with a personalized investment portfolio design, and a concrete, practical work plan on how to manage it to reach your financial goals.

Here are some questions that you’ll be able to answer after the workshop:
1. What’s the difference between an asset and an investment?
2. What are things I need to do before I can become an investor?
3. What is the biggest mistake that people commit when investing?
4. How do bonds, stocks, UITF, mutual funds and other financial instruments work?
5. How do you make money from paper assets?
6. How do I build, diversify and manage my own investment portfolio?
7. How can investments help me buy my dream house?
8. Where should I invest to secure the educational needs of my child?
9. How much money do I exactly need to retire?

The instructor is my good friend, Fitz Gerard Villafuerte, RFP. He is a civil engineer who decided to quit the corporate world in 2003 to pursue entrepreneurship. In 2014, he became a registered financial planner.

His blog, entitled, Ready To Be Rich, has already received several recognitions including the Best Business and Finance Blog at the Philippine Blog Awards for two years in a row. Moreover, an international finance publication, Wise Bread, has likewise ranked his website as among the Top 100 Personal Finance blogs in the world. Fitz has also been recognized by Moneysense Magazine as among the top 12 most influential people in Personal Finance in the Philippines.

So for those of you who want to sign up, please CLICK HERE and join this workshop.