One of the most awaited stock to list this year is Splash Corp. The company is the maker of fast selling personal skin care products such as Biolink, Theraherb, Extracts, Maxipeel.

The company founded in 1985 grew from a backyard business to a Php 4B enterprise. It’s corporate history is worth studying and emulating.

Splash is offering 30% of its stocks to the public at a price of Php 8.98. It is very difficult to buy shares even if you have an account with stock brokers.

To get hold of Splash shares, call up First Metro Investment Corp and ask for the small investor program.

Yes you heard it right, it’s not how much you earn that matters most. It’s how much you save.

You have seen a lot of famous personalities who in their peak are earning millions. Yet these people retired in poverty. You may have heard of actors, actresses, sports personalities, and corporate executives who have retired without any savings. But in their prime, they were spending left and right.

The key to living comfortably is to live within your means. Make sure you save enough for the rainy days. 

The peso has risen more than 12% this year to the dollar. From Php 49 at the start of the year, the peso is now in the mid Php 43. What this means for our OFW’s is the weakening of their purchasing power.

The GMA government boasts that the economy is improving and thus, the peso is appreciating. Fact is, the dollar is weak against most currencies. Normally, prices should go down when the pesos appreciates. Unfortunately, since it is the dollar that is just weak, price of imports from all other countries remain the same or have risen.

I was talking to an importer friend who told me that majority of China exporters have raised their prices. Their common reason is the weakening of the dollar.  Since most of our goods are China made, we can’t expect prices to go down.

The peso is seen to strengthen to Php 41 next year. This is more bad news to our exporters and OFW families.