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*I have turned this into a sticky post for new visitors. I was supposed to finish writing my “Goodbye and thank you to 2010, Hello 2011…” post, but ended up with this list of the best “How to” articles from Foreclosure Investing Philippines during the year that passed. After all, FIP is so much more [...]
Financial literacy
I first learned about the “Matthew Effect” when I read the book “Outliers: The Story of Success” by Malcolm Gladwell. In his book, Gladwell cited stories of successful people ranging from professional hockey players in Canada, to the likes of Bill Gates, and The Beatles, as examples of how “accumulated advantage” played a big part [...]
In a recent post where I tackled the frequently asked question: “Are foreclosed properties good deals?”, I mentioned that financial literacy is a prerequisite to real estate investing, and with good reason. I believe that the lack of financial literacy will certainly lead to financial failure! Sometimes we need to fail but not like this! [...]
A post by Cherry Castillo “Many are the plans in a man’s heart, but it is the Lord’s purpose that prevails.” – Proverbs 19:21 (NIV) One of the things I like about long weekends is that I have the chance to read books for pleasure. I had thought before that law school has effectively killed [...]
We say goodbye to 2009 and give thanks for a very memorable year. In 2009, we marked the first year anniversary of Foreclosure Philippines, although I never got around to creating my first anniversary post. Actually, October 31, 2009 was the day of our first anniversary. Nevertheless, I just want to mark that day as [...]
I have been compiling a list of reflections from the point of view of a real estate investor that I want to share here in Foreclosure Philippines but after Typhoon Ondoy’s wrath, a lot of them have changed. Mike, a fellow real estate investor, said it best when we met the other day and mentioned to [...]
This is Part 2 of a series on Managing Finances. If you have not read the first part, head on over to Part 1. You can also go to Part 3 later! In part 1 of this series about managing finances to get ready for real estate investing, I mentioned that the learnings that I got from the “How To Become [...]
As we celebrate fathers’ day today, I would like to greet rich dads and soon-to-be rich dads out there “Happy Fathers’ Day!”. I also can’t help but think about the obvious impact fathers have on all aspects of the lives of their children, especially when it comes to the financial aspect. Let me explain further [...]
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