Total expenses for May was around $350, which translates to an average daily spending of $11.30. This month, I will reduce my expenses to $300($10/day) and this would mean that I will be able to save an additional $100 from my $400 allowance. In addition, I will be getting around $1,000 from my internship program. Thus, cash holdings should increase by $1,100 in June.
Selasa, 31 Mei 2011
Senin, 30 Mei 2011
Shipping Trusts in Singapore
 |
| A Spreadsheet says a thousand words |
Although the distribution yields of shipping trusts are generally high, we have to be aware that a portion of the distribution is a fair compensation for the loss of value of the invested principal due to a decline in vessel value over the years(depreciation). The difference between a REIT and Trust is the underlying asset. REITs invest in land and buildings which will appreciate in value over time but give lower dividends. Shipping trusts invest in vessels which will depreciate over time but give higher dividends as a result of high risks.
First Ship Lease Trust is my top pick due to the following reasons:
1) Highest dividend while trading near 52 weeks low
2) Stronger balance sheet at lower price
3) Most diversified shipping trust in Singapore(in term of its lessees and vessels)
1) Highest dividend while trading near 52 weeks low
2) Stronger balance sheet at lower price
3) Most diversified shipping trust in Singapore(in term of its lessees and vessels)
However, we have to take note of the high gearing and the not so positive outlook on shipping trust in Singapore. For now, I will stay away from shipping trusts and focus more on stable dividend stocks.
Sources of income
Income
- Monthly allowance from parents: $500
- Income from part time jobs/tuition/internship : $500 to $800
Expenses
- No fixed expenses as mobile phone and internet bills are being paid by parents(lucky me).
- Set a spending limit of $10 per day. This amounts to $300 a month. In this case, I will be able to save $200 of my allowance and 100% of my income from part time jobs/tuition/internships.
Savings
Savings will be dependent on the type of part time job I work. Normally, I will be able to save at least $500 per month by giving tuition. $150 will be allocated to the investment linked policy fund while the remaining will be deposited into one of the saving accounts.
- Monthly allowance from parents: $500
- Income from part time jobs/tuition/internship : $500 to $800
Expenses
- No fixed expenses as mobile phone and internet bills are being paid by parents(lucky me).
- Set a spending limit of $10 per day. This amounts to $300 a month. In this case, I will be able to save $200 of my allowance and 100% of my income from part time jobs/tuition/internships.
Savings
Savings will be dependent on the type of part time job I work. Normally, I will be able to save at least $500 per month by giving tuition. $150 will be allocated to the investment linked policy fund while the remaining will be deposited into one of the saving accounts.
Minggu, 29 Mei 2011
Insurance fund for stocks, bonds proposed
Insurance fund for stocks, bonds proposed
A new guarantee fund for investments in Philippine stocks, bonds and other securities, similar to an existing safety net in the US, was proposed by a major political party as a fresh measure to boost confidence in financial markets.
The Nacionalista Party led by Sen. Manuel Villar Jr., a presidential aspirant, said on Monday it would push for new legislation establishing a guarantee entity patterned after the Securities Investor Protection Corp. (SIPC) in the U.S. to safeguard investors in case their securities brokers and dealers collapse.
The idea is that customers of registered broker-dealers whose securities were misappropriated, never purchased, or stolen, should be able to recover up to P500,000 of their investments, in cash and/or securities.
"We definitely need a guarantor a kin to the SIPC in the US to extend minimum protection to customers of broker-dealers ruined as a result of embezzlement or disastrous investments," NP spokesperson and former Cavite Rep. Gilbert Remulla said in a press statement.
"Just as we desperately need an insurer for planholders of failed pre-need firms, we also ought to have a protector of investors in insolvent broker-dealers of stocks, bonds and notes," Remulla said.
Contrary to popular belief, Remulla said it was not just the rich that usually ended up getting victimized when a broker was bled dry.
Many of the customers of brokers were charitable institutions, and ordinary people, through pension funds invested in stocks and bonds, he said.
"For example, an investor has 5,000 shares in Manila Electric Co. and P250,000 in cash in an account with a failed broker. The SIPC, of which the broker is a member, ensures that the investor gets back the cash and Meralco shares by buying them in the open market if necessary, and conveying them to the investor's account with a new broker," he said.
Remulla said the recent collapse of local stock brokerage HK Securities Inc. and previous failures of broker-dealers should oblige Congress to promptly install a local SIPC.
Investors are currently running after HK Securities in court after the brokerage collapsed allegedly due to the fraudulent activities of its owner, Rodolfo Cruz, former president of the Pasig City Chamber of Commerce and Industry.
HK Securities' misuse of over P106 million in its almost 900 customer accounts was exposed when it failed to settle stocks in short-selling deals and $1.15 million in broker's liabilities.
"If Congress can provide up to P500,000 insurance coverage to bank depositors, then surely it can also extend the same protection to securities investors," Remulla said.
He said the proposed Pre-Need Industry Code already had an insurance fund that would allow planholders to recoup up to P100,000 of their investments in busted firms. However, he said there has been no bill with respect to securities investors.
Established by the US Congress in 1970 via the Securities Investor Protection Act, the SIPC has a reserve fund that protects investors in case of a broker-dealer failure. Each investor is protected up to $500,000, including up to $100,000 in cash, if the customer had cash in an account, or the customer's securities are unavailable.
The SIPC distributes the cash and securities to investors once a member broker-dealer goes under, and recovers all funds from the firm's residual assets. Recovered funds are then used to pay investors whose claims exceed the $500,000 limit.
A non-profit firm funded by member broker-dealers, the SIPC is neither a US government agency nor a regulator. The US President, nonetheless, appoints some of the entity's board members.
A new guarantee fund for investments in Philippine stocks, bonds and other securities, similar to an existing safety net in the US, was proposed by a major political party as a fresh measure to boost confidence in financial markets.
The Nacionalista Party led by Sen. Manuel Villar Jr., a presidential aspirant, said on Monday it would push for new legislation establishing a guarantee entity patterned after the Securities Investor Protection Corp. (SIPC) in the U.S. to safeguard investors in case their securities brokers and dealers collapse.
The idea is that customers of registered broker-dealers whose securities were misappropriated, never purchased, or stolen, should be able to recover up to P500,000 of their investments, in cash and/or securities.
"We definitely need a guarantor a kin to the SIPC in the US to extend minimum protection to customers of broker-dealers ruined as a result of embezzlement or disastrous investments," NP spokesperson and former Cavite Rep. Gilbert Remulla said in a press statement.
"Just as we desperately need an insurer for planholders of failed pre-need firms, we also ought to have a protector of investors in insolvent broker-dealers of stocks, bonds and notes," Remulla said.
Contrary to popular belief, Remulla said it was not just the rich that usually ended up getting victimized when a broker was bled dry.
Many of the customers of brokers were charitable institutions, and ordinary people, through pension funds invested in stocks and bonds, he said.
"For example, an investor has 5,000 shares in Manila Electric Co. and P250,000 in cash in an account with a failed broker. The SIPC, of which the broker is a member, ensures that the investor gets back the cash and Meralco shares by buying them in the open market if necessary, and conveying them to the investor's account with a new broker," he said.
Remulla said the recent collapse of local stock brokerage HK Securities Inc. and previous failures of broker-dealers should oblige Congress to promptly install a local SIPC.
Investors are currently running after HK Securities in court after the brokerage collapsed allegedly due to the fraudulent activities of its owner, Rodolfo Cruz, former president of the Pasig City Chamber of Commerce and Industry.
HK Securities' misuse of over P106 million in its almost 900 customer accounts was exposed when it failed to settle stocks in short-selling deals and $1.15 million in broker's liabilities.
"If Congress can provide up to P500,000 insurance coverage to bank depositors, then surely it can also extend the same protection to securities investors," Remulla said.
He said the proposed Pre-Need Industry Code already had an insurance fund that would allow planholders to recoup up to P100,000 of their investments in busted firms. However, he said there has been no bill with respect to securities investors.
Established by the US Congress in 1970 via the Securities Investor Protection Act, the SIPC has a reserve fund that protects investors in case of a broker-dealer failure. Each investor is protected up to $500,000, including up to $100,000 in cash, if the customer had cash in an account, or the customer's securities are unavailable.
The SIPC distributes the cash and securities to investors once a member broker-dealer goes under, and recovers all funds from the firm's residual assets. Recovered funds are then used to pay investors whose claims exceed the $500,000 limit.
A non-profit firm funded by member broker-dealers, the SIPC is neither a US government agency nor a regulator. The US President, nonetheless, appoints some of the entity's board members.
Source:
www.inquirer.net
I hope this proposal will push through. It will drive and courage more people to invest since their investments will be insured even up to P500k only. Although 500k only but I think this is better than nothing.
Next to read...
Jumat, 27 Mei 2011
BPI offers online investment services through bpiexpressonline
BPI offers online investment services through bpiexpressonline
THE PRIVATE BANKING unit of Bank of the Philippine Islands has rolled out the country’s first full-service online investment platform, seeking to harness the Internet to broaden participation in its managed funds.
THE PRIVATE BANKING unit of Bank of the Philippine Islands has rolled out the country’s first full-service online investment platform, seeking to harness the Internet to broaden participation in its managed funds.
BPI asset management and trust group—a leading wealth management unit in the Philippines with close to P600 billion in assets under management—launched Tuesday night a web-based facility that allows investors to initiate mutual funds and unit investment trust fund (UITF) transactions through the Internet.
Through this platform which can be accessed at www.bpiassetmanagement.com, or www.bpiexpressonline.com, investors can access portfolio information, explore further investment opportunities, subscribe to additional funds, redeem investments and make regular contributions online.
“Customer behavior and technology are driving the way financial and investment services are conducted and with the pace at which technology is moving, we should always be one step ahead,” says BPI senior vice president and chief investment officer Maria Theresa Marcial Javier in the press briefing.
This online investment platform resides in the same system architecture as BPI’s pioneering electronic banking facility and complements an existing online stock trading system which caters to those who prefer to manage their own equities portfolio.
“We’ve migrated our investment facility online to take advantage of the pervasive Internet technology that will empower our investor clients to transact anywhere at any time at their convenience. This frees up more of their precious time that could be spent on other important business agenda or with their families,” Javier says.
Of BPI’s close to P600 billion in assets under management, around P100 billion is in the form of either mutual funds or UITFs. The unit has about 70,000 accounts, 90 percent of which are held by individuals or retail investors.
Average fund investment per individual client at BPI’s unit is still high at P2-P3 million but with the bank having reduced the minimum investment required to enter its funds to P10,000 (from P50,000) and the rollout of this online investment platform, Javier sees an enormous potential moving forward.
BPI president Aurelio Montinola III says: “We’re quite excited about this. Not only does this open investment capacity to Metro Manila clients. It opens to provincial and overseas clients which comprise a large community. And it’s going to be an active community.”
The bank’s growing customer base in its traditional services also offers a lot of opportunities for cross-selling investment products to that certain segment of clients with excess funds which they wouldn’t be satisfied to keep in low-yielding deposits. BPI now has 4.3 million customer base, which it aims to grow to five million by the year’s end.
Of BPI’s total customer base, overseas Filipino clients number around one million. About $4.8 billion worth of remittances flowed into the country through the BPI channel last year, giving it a market share of 25 percent, based on bank estimates.
By using technology to widen its investor base, BPI, the country’s most profitable bank, also seeks to increase fee-based earnings that complement its interest earnings from lending.
BPI completed at end-March its purchase of the local fund management business of Dutch financial giant ING, an acquisition that made it the biggest player in the local trust industry. This deal also made it the largest employer of trust and investment professionals in the country. The group is now the manager, advisor and administrator of a total of 32 investment funds in the country.
BPI completed at end-March its purchase of the local fund management business of Dutch financial giant ING, an acquisition that made it the biggest player in the local trust industry. This deal also made it the largest employer of trust and investment professionals in the country. The group is now the manager, advisor and administrator of a total of 32 investment funds in the country.
Source:
www.inquirer.net
The BPI Express Online website
This said services can be accessed by logging in to their website www.bpiexpressonline.com, one must have a BPI Saving Account already and registered online to access. From there on, you can choose in various fund offered by the BPI Asset Management Group.
1. Open a new investment fund account.
2. View the portfolio together with your savings account(s) and credit card(s).
3. Subscribe or buy shares in mutual fund or units in trust fund.
4. Redeem or sell shares and units of the fund.
Note that the amount of subscribed shares/units will be automatically deducted to the nominated savings account of the investor. The same way, sale of shares/units will proceed to the nominated savings account
BPI management gave assurances that online transactions will be secured as it will be backed by the bank's tried and tested systems.
This BPI express online services is very ideal for all busy people and OFW who have no time to visit the bank to open an account and whenever they need to do investing transaction (buying and selling of funds).
BPI was second largest bank in the Philippines in terms of assets(P485 million) under management as of 2010.
Next to read...
Francisco Colaysco's 10 Commandments on Personal Finance (Part 5)
Next to read...
Francisco Colaysco's 10 Commandments on Personal Finance (Part 5)
Rabu, 25 Mei 2011
Francisco Colaysco's 10 Commandments on Personal Finance (Part 5)
Francisco Colayco is the author of the best selling personal finance book named Making Your Money Work; Pera Mo, Palaguin Mo! 2
, Wealth Within Your Reach; Pera Mo, Palaguin Mo!
.
He is a financial adviser and successful entrepreneur, businessman in the Philippines.
, Wealth Within Your Reach; Pera Mo, Palaguin Mo!. He is a financial adviser and successful entrepreneur, businessman in the Philippines.
Last part of Francisco Colayco's 10 Commandments of Personal Finance. See the video below.
9. Invest and diversify
- take note that what may work for others may not work for you. Then learn to diversify. Don't put all your eggs in one basket. Diversifying makes your portfolio more stable in such a way that if one segment drops, your other investments can pull you up.
10. Use the power of one
- Join cooperatives, organizations, or associations that have the same financial goals as yourself. These organizations can help you earn more especially if you only have a little amount to invest. Some organizations offer fund pooling so the group can invest in less riskier but with higher return investments.
I hope you find some interesting tips for your personal finance. Happy earnings!!
Next to read...
Uniload:Frequently Asked Question
I hope you find some interesting tips for your personal finance. Happy earnings!!
Next to read...
Uniload:Frequently Asked Question
Selasa, 24 Mei 2011
Fix your credit
People suffering from credit problem often wonder whether they can fix credit and improve their credit rating. The process of fixing bad credit has become much simpler than before because of the availability of various credit information sources. There is a good number of websites on the Internet that put forward everything from credit reports to credit monitoring techniques. If you feel unsafe about using your personal information on the Internet you can request your credit report by writing mail to the credit bureau. It is crucial to diligently look into your credit report from time to time. In this way you can identify any error, if there is any in the credit report and get it rectified by the credit bureau. Identifying the errors is important at the primary stage itself as it can cause damage to your credit rating. Checking you credit report is also important from another viewpoint. If you have the habit of buying merchandise on credit you may be unknowingly damaging your credit score by overspending. Looking into your credit report will let you see all the credit information and you will be able to regulate your spending habits accordingly.
The credit score and the credit report may seem difficult to understand for an inexperienced. You can consult various online websites that offers information on credit report or you can directly refer to the information attached with your credit report. Getting familiar with the credit scores and what your credit payment history means are as important as understanding how good your scores are. Only then you will be able to affirmatively answer the question “Whether I can fix my credit?”
There are a number of credit repair agencies that can assist you in fixing your credit. The most common ways to fix your credit and increase your credit score are to pay off older bills, correcting inaccuracy in a credit report etc. Patience is an important ingredient while you are trying to correct errors from your report. It is important to maintain a good line of communication with the credit agency, which will help both the parties and make the process faster.
If you decide to get assistance from an outside company in fixing credit you must get a list of the services to be provided by them. It is a good idea to withheld payment for the services offered by Credit Repair Company till the completion of their task. There are plethora of free information on the Internet in regards to fixing credit and the contact information of the companies offering service.
The credit score and the credit report may seem difficult to understand for an inexperienced. You can consult various online websites that offers information on credit report or you can directly refer to the information attached with your credit report. Getting familiar with the credit scores and what your credit payment history means are as important as understanding how good your scores are. Only then you will be able to affirmatively answer the question “Whether I can fix my credit?”
There are a number of credit repair agencies that can assist you in fixing your credit. The most common ways to fix your credit and increase your credit score are to pay off older bills, correcting inaccuracy in a credit report etc. Patience is an important ingredient while you are trying to correct errors from your report. It is important to maintain a good line of communication with the credit agency, which will help both the parties and make the process faster.
If you decide to get assistance from an outside company in fixing credit you must get a list of the services to be provided by them. It is a good idea to withheld payment for the services offered by Credit Repair Company till the completion of their task. There are plethora of free information on the Internet in regards to fixing credit and the contact information of the companies offering service.
Minggu, 22 Mei 2011
Loadcentral/Uniload Frequently Asked Question (FAQ)
Loadcentral/Uniload Frequently Asked Question (FAQ)
Who uses LoadCentral?
There is Netopia, the most popular retailer of LoadCentral. If you’re an online gamers, most likely you have already bought a load from LoadCentral through a Netopia branch. Other establishments like Flying V and Copy Unlimited have LoadCentral for their loading station. Internet cafes in various parts of Metro Manila are starting to adopt the LoadCentral loading system.
There is Netopia, the most popular retailer of LoadCentral. If you’re an online gamers, most likely you have already bought a load from LoadCentral through a Netopia branch. Other establishments like Flying V and Copy Unlimited have LoadCentral for their loading station. Internet cafes in various parts of Metro Manila are starting to adopt the LoadCentral loading system.
Can I use LoadCentral for my personal prepaid needs?
Yes. In fact, we highly encourage prepaid consumers like online gamers and prepaid cellphone users to use LoadCentral so you can avail of your favorite prepaid products at a discounted price!
Yes. In fact, we highly encourage prepaid consumers like online gamers and prepaid cellphone users to use LoadCentral so you can avail of your favorite prepaid products at a discounted price!
Will the LoadCentral Dealer issue or sell a Retailer SIM?
No. Any mobile number (Smart, Talk N’ Text, Globe, Touch Mobile, Sun) can be registered by a LoadCentral Dealer as a LoadCentral retailer number.
No. Any mobile number (Smart, Talk N’ Text, Globe, Touch Mobile, Sun) can be registered by a LoadCentral Dealer as a LoadCentral retailer number.
When can a retailer start selling the LoadCentral way?
A retailer can start selling the LoadCentral way after the LoadCentral dealer registered your mobile number and after you replenish your account.
A retailer can start selling the LoadCentral way after the LoadCentral dealer registered your mobile number and after you replenish your account.
How will I know about the discounts given by LoadCentral?
Check the latest post update. LoadCentral Discount Structure is usually provided.
Check the latest post update. LoadCentral Discount Structure is usually provided.
What happens if my retailer SIM and/or mobile phone are lost or stolen? What happens to my remaining wallet load?
You must immediately notify your dealer so she can deactivate or block your mobile number. You must then ask your dealer to register another mobile number as your new retailer SIM. Your dealer will then inform LoadCentral by a written notice (fax or email) and request that the remaining balance in your old registered number be transferred to your new one.
You must immediately notify your dealer so she can deactivate or block your mobile number. You must then ask your dealer to register another mobile number as your new retailer SIM. Your dealer will then inform LoadCentral by a written notice (fax or email) and request that the remaining balance in your old registered number be transferred to your new one.
What happens if I forgot my password?
You should ask your Dealer to request from Uniwiz Trade Sales Inc. for the resetting of your password. Uniwiz will not entertain direct request from you.
You should ask your Dealer to request from Uniwiz Trade Sales Inc. for the resetting of your password. Uniwiz will not entertain direct request from you.
How can I get a transaction report?
You can use the webtool for the transaction report or you can ask your dealer for a copy of your transactions.
You can use the webtool for the transaction report or you can ask your dealer for a copy of your transactions.
How to change my password?
Send CHANGEPW [old 6-digit password] [new 6-digit password] to a LoadCentral Access Numbe
Send CHANGEPW [old 6-digit password] [new 6-digit password] to a LoadCentral Access Numbe
What to do if I receive a Invalid password supplied error when logging in to the webtool?
Please make sure that you entered your 6-digit password which you assigned when you confirmed your registration.
Please make sure that you entered your 6-digit password which you assigned when you confirmed your registration.
What to do if I receive a ” User XXXXX not found ” error when logging in to the webtool?
Please make sure that you used the 639xxxx format of your mobile number for your webtool username.
What should I do if the buyer does not receive the product electronic PIN (E-PIN) with his mobile?
You can use the resend function on the webtool. Please be aware that you can only resend the last transaction for your buyer’s mobile number.
You can use the resend function on the webtool. Please be aware that you can only resend the last transaction for your buyer’s mobile number.
Can you restrict the IP address where I can access the webtool?
Yes. Currently, all retailers are set to access the webtool from any IP Address. If you wish additional security access, a subdealer can restrict your access to the webtool from a particular IP Address.
Yes. Currently, all retailers are set to access the webtool from any IP Address. If you wish additional security access, a subdealer can restrict your access to the webtool from a particular IP Address.
What should I do if I receive a Sale Transaction not successful?
Service that dispenses product may be temporarily unavailable or incorrect Mobile Number Recipient. Please try again later error after trying to send an electronic load (eLoad) to a mobile number.
Service that dispenses product may be temporarily unavailable or incorrect Mobile Number Recipient. Please try again later error after trying to send an electronic load (eLoad) to a mobile number.
Please make sure that the mobile number is compatible with the eLoad product you selected. Use Globe Automax for Globe numbers, Touch Mobile Automax for Touch Mobile numbers and Smart e-Load for Smart or Talk N’ Text Numbers.
Next to read...
Uniload:E-loading Benefits
Next to read...
Uniload:E-loading Benefits
LoadCentral/Uniload E-loading Benefits
LoadCentral/Uniload E-loading Benefits
As a subdealer or retailer of Uniload/LoadCentral, you will have access to online centralized inventory of various prepaid products. Here are some benefits:
-All of the products are just in ONE ACCOUNT!! It means you only need a MINIMAL AMOUNT OF CAPITAL for all of the products.
-There is no need to worry about card inventory and card expirations
-Competitive discount rates
-No monthly quota to meet.
-No minimum loadwallet deposit.
-No minimum loadwallet maintaining balance.
-NO EXPIRATION for your loadwallet.
-No need for inventory because LOADCENTRAL provides a Generated Sales Transaction Report for you to review your sales whenever you want. You can view transaction reports online.
-Loadcentral is also internet-based, which you may access the WEBTOOL that you may use in case your cell phone is not readily available and you may also share your password to your love ones in case you’re away from them. You can sell products through web or mobile phone(whichever is convenient for you).
-All existing Networks here in the Philippines are available, E-pins for Online Games, Internet Cards, Call Card pins, Cables and etc. are also available.
-No need to buy a Retailer Sim to start this e-load business because you may use your EXISTING SIM CARD or whatever is your preferred sim card.
Next to read...
How to become a Uniload Retailer?
Next to read...
How to become a Uniload Retailer?
How to become a Uniload Retailer?
How to become a Uniload Retailer?
1. Become an Uniload E-load retailer with a low startup capital.
Sim activation is only FREE just contact me. Send to me your information like Cellphone number for registration, Name, address, and e-mail address (if any) to boymelvs_uniload@yahoo.com
1. Become an Uniload E-load retailer with a low startup capital.
Sim activation is only FREE just contact me. Send to me your information like Cellphone number for registration, Name, address, and e-mail address (if any) to boymelvs_uniload@yahoo.com
2. After sending your information on me, wait for less than 24 hours for activation.
3. Once your application has been processed, you will be registered as LoadCentral/Uniload retailer or subdealer, whichever is applicable. You will receive below SMS notification once registered:
You are now a <Retailer/Subdealer> of 639xxxxxxxxx. Your password is 123456. To change, type CHANGEPW[space][OLD 6-digit password][space][NEW 6-digit password], send to any LoadCentral Access number’s.
After your successful registration I will send you a latest copy of Retailer Guide and Price List to your e-mail address provided.
4. Replenish your loadwallet for start-up capital.
Minimum load credits is Php100 only. For loading of your loadwallet, You can deposit to:
Account Name: Uniwiz Trade Sales
Bank Name: Metrobank
Branch: Legaspi Village Makati
Account number: 0553055517640
Account Name: Uniwiz Trade Sales
Account Name: Uniwiz Trade Sales
Bank Name: Banco De Oro
Branch: Salcedo Branch Makati
Account number: 2530013337
Account Name: Uniwiz Trade Sales
Bank Name: BPI
Branch: Pasay Road
Account number: 9661014633
To notify your Bank Deposit text the ff details:
<amount deposit> space <Bankname> space <BankCode/Branch> space <Date & Time deposit> space <Registered cellphone number> space <registered name>
Then send to 09285083355 wait for 15 minutes up to 2 hours for confirmation. If your load takes to long, you can call LoadCentral office number below.
Then send to 09285083355 wait for 15 minutes up to 2 hours for confirmation. If your load takes to long, you can call LoadCentral office number below.
The sub-dealer or retailer can inform LoadCentral office (Ms. Mariecar Andes or Ms. Beng Quimsing) of their fund transfer or deposit.
Hotline Numbers for Loadwallet Concerns:
Tel. (02)9513746 / (02)9523746 / (02)9323746
Mon-Fri: 9am-4:30pm
Saturdays: 9am-12pm
The following information must be provided:
The following information must be provided:
i. LoadCentral Username (i.e., 639xxxxxxxxx)
ii. Amount transferred or deposited
iii. Name of bankname, branch location and branch code (Ask bank teller for the branch code upon doing deposit.
iv. Date and time fund transfer or deposit was made
What next after Registration?
Below your course of action after you'r successful registration.
1. Change your SL (second level or sms password) password immediately.
Send below to a LoadCentral Access Number
Type in: CHANGEPW [old 6-digit password] [new 6-digit password]
2. Activate your webtool account by sending unlock request.
Send below to a LoadCentral Access Number
Type in: UNLOCK <newpassword>
3. Login to your LoadCentral account
URL: https://www.loadcentral.net/index.jsp
Username: 639xxxxxxxxx (your registered number)
Password: 123456 (default password)
Note: Please change your webtool password immediately once you sign-in.
In order to start selling eloads, you must fund or replenish your loadwallet first.
Note: Subdealer SIM card cannot sell e-loads. If you are a subdealer, you need to activate your own Retailer SIM in order for you to sell e-load.
How to Reset Password?
FL stands for First Level and SL stands for Second Level. FL password is your password for your cellphone number registered with LoadCentral and SL Password is the password for you to access the LoadCentral Webtool.
Possible reasons why any or both of your password(s) has been blocked.
1. You did not change your Webtool Password / SL Password and your Mobile Password right away.
2. You have too many invalid login attempts on the Webtool. (or someone is trying to access your account without your knowledge)
3. You nominated the same password for both FL and SL Password.
You can only change your SL password via Webtool and you can only change your FL password via SMS using your mobile number registered with Loadcentral.
Here’s how :
CHANGEPW [old 6-digit password] [new 6-digit password]
Send above to a LoadCentral Access Number
Send above to a LoadCentral Access Number
Default passwords for both FL & SL is : 123456. If your SL password is blocked, contact your subdealer if you are a retailer. Contact UniLOAD.BIZ or your respective Distributor Center if you are a subdealer. For security purposes, please make sure that you provide them with your registered number and registered name
Even though your SL password or webtool password has been reset to default, you will still have to activate it by sending an SMS to LoadCentral access number using the mobile number you registered as a retailer or subdealer. Format:
UNLOCK 123456
Send above to a LoadCentral Access Number or Gateway number. As soon as you have unlocked your account please change your password immediately.
Gateway/Access Number:
2948 and 3940(Smart/Sun) Free (Maintain P2)
Loadcentral Gateway Back-Up Numbers (if 2948 and 3940 are busy) uses the number below:
Smart:0920-945-6858 or 0920-945-6857
Globe:0917-866-2418
Sun:0922-850-4340
Next to read...
Uniload: How to sell?
Loadcentral Gateway Back-Up Numbers (if 2948 and 3940 are busy) uses the number below:
Smart:0920-945-6858 or 0920-945-6857
Globe:0917-866-2418
Sun:0922-850-4340
Next to read...
Uniload: How to sell?
Uniload: How To Sell?
Uniload: How To Sell?
If you are already register retailer of uniload or loadcentral. You can sell an e-pin in two ways through your cellphone and the other is using internet. Here's how:
Using your cellphone (SMS)
If you are already register retailer of uniload or loadcentral. You can sell an e-pin in two ways through your cellphone and the other is using internet. Here's how:
Using your cellphone (SMS)
1. Type in the Product Code that the buyer chose and paid for:
example.
ProductCode<space>6-digitpassword<space>Buyer's #. Send to LoadCentral Gateway Number. (see picture below for product code sample)
ProductCode<space>6-digitpassword<space>Buyer's #. Send to LoadCentral Gateway Number. (see picture below for product code sample)
2. After sending the code a Retailer and Buyer get a confirmation message from LoadCentral.
Retailer gets a text saying:
You have successfully made an e-pin sale (Product Code) to (buyer's #). Your wallet balance is Pxxxx.xx. Trace #: xxxxxxx
Buyer gets a text saying:
You have purchased (Product Code) (PIN). Thank you for using our service. Trace #: xxxxxxx
You have purchased (Product Code) (PIN). Thank you for using our service. Trace #: xxxxxxx
Uniload: How To Sell Using LoadCentral Webtool?
1. Open you internet browser then type-in on the address bar the loadCentral URL (https://www.loadcentral.net/index.jsp) and then login your Username (mobile number) and Password. Note, the username is the cell phone number which is being registered. The default password is 123456. So after registration you need to change this password immediately. Then click arrow of the product code to choose. (see picture below)
*Always put a 63 instead of 0 as the pre-fix of your mobile number during sign-in
*Always put a 63 instead of 0 as the pre-fix of your mobile number during sign-in
2. Choose the product you want to sell and then enter on the corresponding boxes the mobile number of the customer and quantity being purchased and click Sell Product.
3. The result of your recent file transaction will be shown on top portion of the page. The retails of the e-Pin sold will also be displayed on "Your Recent Sale Transaction" box. Buyer gets a confirmation of item purchase from LoadCentral.
Gateway/Access Number:
2948 and 3940(Smart/Sun) Free (Maintain P2)
Loadcentral Gateway Back-Up Numbers (if 2948 and 3940 are busy) uses the number below:
Smart:0920-945-6858 or 0920-945-6857
Globe:0917-866-2418
Sun:0922-850-4340
Next to read...
Know how to protect your money
Loadcentral Gateway Back-Up Numbers (if 2948 and 3940 are busy) uses the number below:
Smart:0920-945-6858 or 0920-945-6857
Globe:0917-866-2418
Sun:0922-850-4340
Next to read...
Know how to protect your money
Sabtu, 14 Mei 2011
Help with bad credit
I have really bad credit and was not able to get a loan from the bank, so I went to Georgiatitleloansonline.com to help me out. Getting a title loan would not have been my first choice to get a loan but I needed a bigger amount of money, and I could pretty much only do it by this method. Getting a title loan was not as bad as I though, the people at this company were really nice and helpful and didn't push me to make a decision at all. I first went on line to look up different ways that I could borrow enough money for my purposes and found Georgia title loan. I filled out their online application and received a phone call a little later on that afternoon. All I had to do was set up an appointment and bring my car in for an inspection so that they could tell me how much I could get for it. My car isn't too old, it's a 2003 Ford escape, and it's in pretty good condition, so I didn't know what to expect. I kind of felt nervous doing this, I looked at my car and actually had an image of losing it. But I knew I wouldn't let that happen. I ended up getting a loan of $2500, which was so helpful. I really needed this money to pay off an old debt that had accumulated when I was younger, and these people were constantly harassing me to pay it and threatening to bring me to court. I was so scared that I decided to get this loan to pay it off, and get them off of my back.
I know a lot of people would disagree with what I did, but I'm glad I did it. I got these people off of my back and now I can afford to pay this loan back month to month. Once I have this loan completely paid off I will be debt free. I'm looking forward to that feeling and am so close. I only have a few more months of payments and I will be done.
Over all my experience was good, and I was really pleased with the service I received. The fact that these people were so nice to me made the whole experience so much better. Its really easy to get a loan like this. You have to have a car that is paid for in full before attempting this. You must also have a job with an income of at least $1000 a month. You can get a loan from here even if you have bad credit, which is why I chose this option. I tried so many other options before this, and got turned down, and to top it off every time they did a credit check on me, it dinged me even worst. So keep that in mind when getting a loan, if you don't want something on your credit report this can be a good option for you.
I know a lot of people would disagree with what I did, but I'm glad I did it. I got these people off of my back and now I can afford to pay this loan back month to month. Once I have this loan completely paid off I will be debt free. I'm looking forward to that feeling and am so close. I only have a few more months of payments and I will be done.
Over all my experience was good, and I was really pleased with the service I received. The fact that these people were so nice to me made the whole experience so much better. Its really easy to get a loan like this. You have to have a car that is paid for in full before attempting this. You must also have a job with an income of at least $1000 a month. You can get a loan from here even if you have bad credit, which is why I chose this option. I tried so many other options before this, and got turned down, and to top it off every time they did a credit check on me, it dinged me even worst. So keep that in mind when getting a loan, if you don't want something on your credit report this can be a good option for you.
Jumat, 13 Mei 2011
Know how to protect your money
Know how to protect your money
We commonly hear these saying, "the higher your salary is, the higher your expenses". Yes, it is true because you have more money to spend and to use. You can now buy anything whatever you want such as car, house and lot, brand new cell phone and go vacation to every place you wanted.
Having a high paying salary, we always forgetting to think that this opportunity is not for a lifetime. Instead of planning and looking for any opportunity to grow more our money.
We're keep thinking and planning on what things should I buy or where should I spend my salary. Even our salary is not yet coming but our plan is already made.
And I'm sure not all but commonly this plan is for expenses and savings only. We didn't make or include on our plan how to grow more our money. Or if someone else has a plan, they just keep on thinking how to establish own businesses.
But we know that establishing business even small business needs a lot of money for capital. If you have a high paying salary and earning much higher like Overseas Filipino Worker (OFW) it is possible to do this. Like me and other Overseas Filipino Worker (OFW), we have common plan in our minds before we go and leaving our love ones to work abroad. Because we know working abroad is not permanently that is why we have a plan like this.
Work abroad, saves more money, then going back home and establish own business so that we can spend more time to our family and hoping we cannot force ourselves to work back in abroad again.
Unfortunately, not all Pinoy OFW followed and become successful on this plan. Simply because most of Pinoy OFW not all has no discipline and lack or has a little knowledge financially. I mean no discipline and lack of knowledge financially because they sending all of their income back home with nothing left for their own.
Here in abroad, we tend to do anything else in order to save more money as much as possible we can. So that, we can send more money back home.
But in home, we will notice that the money we're sending every month were all gone and also nothings left. They already dependable on your remittances. All they want to do and think is how to spend and use our money to buy something they wanted for pleasure rather than to know how to protect and to grow my income for the future.
It is hard to accept in our mind that your hard earned money was use only in less important things. And its the reality.
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| Know how to protect your money |
Having a high paying salary, we always forgetting to think that this opportunity is not for a lifetime. Instead of planning and looking for any opportunity to grow more our money.
We're keep thinking and planning on what things should I buy or where should I spend my salary. Even our salary is not yet coming but our plan is already made.
And I'm sure not all but commonly this plan is for expenses and savings only. We didn't make or include on our plan how to grow more our money. Or if someone else has a plan, they just keep on thinking how to establish own businesses.
But we know that establishing business even small business needs a lot of money for capital. If you have a high paying salary and earning much higher like Overseas Filipino Worker (OFW) it is possible to do this. Like me and other Overseas Filipino Worker (OFW), we have common plan in our minds before we go and leaving our love ones to work abroad. Because we know working abroad is not permanently that is why we have a plan like this.
Work abroad, saves more money, then going back home and establish own business so that we can spend more time to our family and hoping we cannot force ourselves to work back in abroad again.
Unfortunately, not all Pinoy OFW followed and become successful on this plan. Simply because most of Pinoy OFW not all has no discipline and lack or has a little knowledge financially. I mean no discipline and lack of knowledge financially because they sending all of their income back home with nothing left for their own.
Here in abroad, we tend to do anything else in order to save more money as much as possible we can. So that, we can send more money back home.
But in home, we will notice that the money we're sending every month were all gone and also nothings left. They already dependable on your remittances. All they want to do and think is how to spend and use our money to buy something they wanted for pleasure rather than to know how to protect and to grow my income for the future.
It is hard to accept in our mind that your hard earned money was use only in less important things. And its the reality.
I was once like this before. I have no discipline and lack of knowledge financially. And also I have no idea on how and where should I protect my income or money from. But now, I change my way of thinking and habit on my money little by little. Being able to know where and how to protect my money from.
It gives a very helpful way for me to save more money. I can say, even you have a high paying salary but if you didn't know how to protect your money, you cannot save a lot and you cannot free yourself financially in the future.
That is why the term above "the higher your salary is, the higher your expenses" are true because they didn't know how to protect or even control themselves from spending their money.
Have you notice a million lotto winner? Few years after the prize was claim they end up poorer again. Or do you meet a people who become instant rich because they inherit a big property? They sell this property on high prices. But after few years they end up poorer also. Just simply because they didn't know how to protect their money and obviously lack of knowledge financially.
Where and how could I protect my income?
It gives a very helpful way for me to save more money. I can say, even you have a high paying salary but if you didn't know how to protect your money, you cannot save a lot and you cannot free yourself financially in the future.
That is why the term above "the higher your salary is, the higher your expenses" are true because they didn't know how to protect or even control themselves from spending their money.
Have you notice a million lotto winner? Few years after the prize was claim they end up poorer again. Or do you meet a people who become instant rich because they inherit a big property? They sell this property on high prices. But after few years they end up poorer also. Just simply because they didn't know how to protect their money and obviously lack of knowledge financially.
Where and how could I protect my income?
There are three things you can follow and look for to help you get started.
1. Protect you money from Yourself - The strongest obstacle why you can't save more and keep your money coming out from your hand is yourself. Even though it's your own money, you have to spend your money wisely. Control yourself from overspending. Use your money to the things what most really matters on you to ease your ways of living.
Do not overspend your money on the less prioritize things. Once you've already know how to protect your money from yourself. You can easily identify and allocate your money which are most important things and which is not on you.
Do not overspend your money on the less prioritize things. Once you've already know how to protect your money from yourself. You can easily identify and allocate your money which are most important things and which is not on you.
2. Protect you money from other people - Being a helpful person to others is not bad. If your relatives, neighbor and friend lends money on you, just give only what you can afford to lend. But don't give all you have. How can you help others if yourself also has nothing to offer? Save something for yourself first then grow it, so that you can give more help to lend others if you have more money.
3. Protect your money from Emergency - Our life is unpredictable. We cannot say what will gonna happen tomorrow, next other day, next week, month and even years. So it's better always be prepared. Make an Emergency Fund, save your money equivalent to 6 to 12 months of your living expenses. Keep it in your bank atm account so that you can easily get your money in case of emergency.
Remember, allocate only this fund on emergency and never use this fund for other expenses. It will help you a lot in time of emergency like if you lost your job, you can continue support your family needs up to one year until you find another job.
Remember, allocate only this fund on emergency and never use this fund for other expenses. It will help you a lot in time of emergency like if you lost your job, you can continue support your family needs up to one year until you find another job.
Well, if you have these three things always in your mind. You will start gain confidence and be more comfortable on your personal finances. You will look forward to take more challenging opportunity to grow your money and earn more. And when you reach at this point. Never stop. Continue and take step one at a time. There is lot of earning opportunity on your way out there. With the extra money from savings not your emergency fund.
Try to find and start learn more on investing in stocks market, bond, mutual fund or unit investment trust fund, real estate and/or establish your own business. Try to invest one of this. And start protecting your money now so that you can save more money from your income.
Happy earnings! It is highly appreciated if you leave your opinion or comment about the topic.
Try to find and start learn more on investing in stocks market, bond, mutual fund or unit investment trust fund, real estate and/or establish your own business. Try to invest one of this. And start protecting your money now so that you can save more money from your income.
Happy earnings! It is highly appreciated if you leave your opinion or comment about the topic.
Senin, 09 Mei 2011
Valuable Ways to Save Money
Valuable Ways to Save Money
Many people earn wages just enough to supply their basic necessities. But if you truly want to be financially secured, you have to acquire more money than what you’re spending – money that you can invest in a business or in other ventures that can propel you to financial freedom.
To be able to do this, you have to start saving early in life.
Here are some pointers regarding saving money:
1. Set a minimum amount to be saved. Savings are not meant to cover bill payments should one fall short of cash. They are intended for financial security. A little savings, in time, will become big; and it can be used as investment capital to earn more. Question: “Where will I get the cash I need should I fall short of it?” The answer: “Find other means of earning extra income, say a weekend part-time job. Any excess cash from one’s part-time job can be added to your savings.
2. Shop only for items needed, not for products that you wanted to buy on impulse. Think first before you purchase. Don’t fall prey to bargains not needed. It is not suggested that one should starve or be in a pitiful state. As a matter of fact, one can reward himself/herself once in a while for accomplishments made.
3. Review one’s lifestyle. Change or scale down habits that seem to be not-so-wise spending. For instance, frequent eating in restaurants which is more expensive than homemade cooking can be lessened. Taking the bus when possible, instead of driving one’s own car, can save on gas and parking fees. If one have to drive his/her car, try car pooling with office mates or neighbors; thereby sharing on expenses.
4. Check your regular monthly bills on utilities like electricity, gas, water, telephone and ask oneself: “Where can I save?”
It may take a while to get adjusted to a lifestyle in the “savings” mode, even to the point of “little sacrifices.” Adapt a gradual, progressive change to save to lessen the impact of adjustment from the lifestyle one used to be accustomed to.
There are more ways of starting the path to a financially secured life by making use of one’s creativity.
Remember, little things mean a lot.
Next to read...
How to recognize scam?
Many people earn wages just enough to supply their basic necessities. But if you truly want to be financially secured, you have to acquire more money than what you’re spending – money that you can invest in a business or in other ventures that can propel you to financial freedom.
To be able to do this, you have to start saving early in life.
Here are some pointers regarding saving money:
1. Set a minimum amount to be saved. Savings are not meant to cover bill payments should one fall short of cash. They are intended for financial security. A little savings, in time, will become big; and it can be used as investment capital to earn more. Question: “Where will I get the cash I need should I fall short of it?” The answer: “Find other means of earning extra income, say a weekend part-time job. Any excess cash from one’s part-time job can be added to your savings.
2. Shop only for items needed, not for products that you wanted to buy on impulse. Think first before you purchase. Don’t fall prey to bargains not needed. It is not suggested that one should starve or be in a pitiful state. As a matter of fact, one can reward himself/herself once in a while for accomplishments made.
3. Review one’s lifestyle. Change or scale down habits that seem to be not-so-wise spending. For instance, frequent eating in restaurants which is more expensive than homemade cooking can be lessened. Taking the bus when possible, instead of driving one’s own car, can save on gas and parking fees. If one have to drive his/her car, try car pooling with office mates or neighbors; thereby sharing on expenses.
4. Check your regular monthly bills on utilities like electricity, gas, water, telephone and ask oneself: “Where can I save?”
It may take a while to get adjusted to a lifestyle in the “savings” mode, even to the point of “little sacrifices.” Adapt a gradual, progressive change to save to lessen the impact of adjustment from the lifestyle one used to be accustomed to.
There are more ways of starting the path to a financially secured life by making use of one’s creativity.
Remember, little things mean a lot.
Next to read...
How to recognize scam?
Francisco Colaysco's 10 Commandments on Personal Finance (Part 4)
Francisco Colayco is the author of the best selling personal finance book named Making Your Money Work; Pera Mo, Palaguin Mo! 2, Wealth Within Your Reach; Pera Mo, Palaguin Mo!.
He is a financial adviser and successful entrepreneur, businessman in the Philippines.
, Wealth Within Your Reach; Pera Mo, Palaguin Mo!. He is a financial adviser and successful entrepreneur, businessman in the Philippines.
Continuation of Francisco Colayco's 10 Commandments on Personal Finance. See the video below.
7. Assess risks and options
- beware of scam
8. Make money work for you
8. Make money work for you
- before you go to in any investment instrument out there, study and learn first what investment is suited to you.
I hope you find some interesting tips for your personal finance. Happy earnings!!
Next to read...
Francisco Colaysco's 10 Commandments on Personal Finance (Part 5)
How to maximize banks deposit and government bonds?
I hope you find some interesting tips for your personal finance. Happy earnings!!
Next to read...
Francisco Colaysco's 10 Commandments on Personal Finance (Part 5)
How to maximize banks deposit and government bonds?
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