How to transfer money from BPI to another account?

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I want to transfer money from my BPI savings account to another BPI account that’s not under my name. I transfer funds to a lot of people, and they’re different every time, so I don’t want to enroll them. Is there are way to do this? Thanks. Answer: Yes, because BPI has a transfer to […]

Which is the best insurance company in terms of investments? VUL performance?

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Can you please advice me which is the best insurance company in terms of investments? Manulife? Sunlife or Philam? Thanks. Answer: Ask yourself first what your needs are. If you need life insurance, then go to a life insurance company, but if you need an investment, then go to an investment company (and not an […]

Are UITFs good investments?

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I’m ready to invest. I have my emergency fund and a life insurance policy. Now, it’s time to invest and I know there are many investment options. I am particularly leaning toward UITFs. I’m a beginner, so are UITFs a good investment? Answer: Are UITF investments good or bad? Well, there’s no one best answer […]

Buy a brand new car or second-hand car? Which is better?

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On buying a car, they say that you’ll lose money on depreciation when you buy a brand-new car while others say maintenance for a second-hand unit is more expensive. All things being equal, should I buy a brand-new car or a second-hand one? Answer: At first glance, it will seem that buying a pre-owned unit […]

How do the super rich handle their finances?

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I’m talking about those people on the Forbes list among others. So let’s say Bill Gates — does he have a bank account that shows millions of dollars as its balance? So what’s the reality? Answer: First, the extremely wealthy will always have businesses, real estate, jewelry, art, investments, etc. which makes up the bulk […]

What is the best insurance company in the Philippines?

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I am planning to get one. Please help me in choosing the best. Thanks in advance. Answer: Any company that’s consistently among the top 10 of the Insurance Commission is good. More than the company, what’s really important is choosing the right insurance agent. Make sure that your agent practices great customer service. Easy to […]

CITISEC ONLINE GTC

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GTC   The CitisecOnline GTC orders are limit orders which are valid for seven (7) calendar days. For example, if the GTC order is entered on November 26, the order will be valid until December 2. If the Valid Until date is a non-trading day, it will no longer be valid on the next trading […]