Your Money's Silent Killer (Do You Know The Greatest Risk of Your Money?)

Alam nio po ba na kung ano ang pinakamalaking risk na mangyayari sa iyong pera? Hindi po ang pagkalugi sa iyong investment o pagbagsak ng stock market. Opo kasama po ito sa mga risks na maaaring mangyayari sa iyong savings o investments ngunit meron isang silent killer na dahan dahang kinakain ang iyong pera na hindi alam ng marami. Yan ang ating paguusapan sa episode na ito ng OFW Power.
We are studying inflation?
So that we can prepare
So that we can beat inflation
So that we can put our money into vehicles that beat inflation
In other words, so that we can save and invest out money into investments that give us a positive real return. Why? Because if:
Your returns are below inflation, you will be poorer in the future
Your returns are the same as inflation, you will be the same as today
You will not grow, status quo
Your returns are above inflation, you be better off in the future
Your money is growing and this is what we want .

[@josephinedagasdas3839]

sir Ang MP2 Po ba ay makakaranas dn Ng inflation? I mean for example 500 lng Ang paunang hulog mo tapos next is 500 ulit Hanggang matapos Ang 5yrs 500 lng Ang hinuhulog.. hindi Po ba mawawala Ang hinulog ko for the five yrs because of inflation sir?. sana masagot😚

[@misacbanglay2076]

That's why better to overcome inflation by investment. Once you have money wisely invest it right away where you think The return is higher than the inflation rate.

[@ofwpower]

all the best.

[@ahmedhashkar2604]

Inflation is the reason why we should invest. Siguro kung hindi tinanggal ang gold standard ng US dollar, ang Piso hindi madaling mawalan ng value. Di tulad ngayon, yung June inflation rate sa Pinas parang return na ng MP1 at MP2 last year 😂

[@cristinacasapao1753]

tanong lang po,pwede po bang sabay na mag open ng P1 at MP2?kung hindi naman po gaano po katagal dapat na my P1 bago maka pag bukas ng MP2?thank you po sana po masagot

[@ofwpower]

opo pwede po.

[@ironman2639]

ipon na nilagay sa kahon pwedeng magkaroon ng amag

[@ofwpower]

haha tama po.

[@ROYALEMPRESS10]

Good morning po! Sir Fermin, tanong ko lang po, alin po ba ang mas beneficial, two different savings account sa iisang banko lang o mag-kaibang savings account sa different banks? Salamat po!

[@ofwpower]

If you don't exceed 500k in your combined savings, para sa akin, its okay to have it in the same bank account.

[@ROYALEMPRESS10]

@@ofwpower maraming salamat po!

[@t-90atank35]

@@ofwpower kaya po ba hanggang 500k lang para pasok po sa pdic?

[@chandasolivet9998]

Please share how to beat inflation. Thank you 😊

[@ofwpower]

Please watch out of our future videos po.

[@LegionaryEnlighten]

Hi Fermin,thanks a lot! Please suggest po a concrete way to avoid inflation. I just put my hard earned savings in cooperative and deposit in my MP2 contributions,do you think I made the right decision ? I would definitely buy a piece of land if there is a reasonable amount as a Helper and age 48 like me savings is my number 1 friend in terms of retirement but,time and money are the barriers. This video is an awakening to me. Impeccable timing.
To sum it all up,in my understanding, while my HKD is high value in pesos I vision on owning a piece of land that way my peso won't turn liquid in 10 years from now,do you think this is a good way of thinking? Thanks in advance for educating me financially.

[@RamRam-ht3lu]

No one can avoid inflation. The best thing to do is to put ur money in an investment that gives return higher than the inflation rate.

[@ofwpower]

Fully agree with you Ram.

[@ofwpower]

Will do that in our future videos po.

[@mindfreak001009]

@@RamRam-ht3lu silver, gold, real state - rich dad poor dad says..

[@josephnaraga8284]

Tagalog lang bro 🥺