Disasters can happen anytime, it usually strikes when you're least expecting it and when your guard is down. Take for example the Earthquake that happened on April 22, 2019 at around 5:00PM. It was a 6.1 magnitude quake ESE of Gutad, Philippines as its epicenter.

April 2019, the Philippine Statistics Authority (PSA) had released the Poverty Threshold numbers for the first semester that is amounting to Php10,481 for a family of five (5). Depending on where you are in the country, this amount may or may not meet your family's living expenses. Let us breakdown the numbers and see if this is plausible to apply.

We often hear that a huge number of people lose money in the Stock Market. This is certainly true, not because of the wrong decisions you've made during a trade, but the lack of plan to mitigate the loosing situation. This plan is called Risk Management. As defined by investopedia: In the financial world, risk management is the process of identification, analysis and acceptance or mitigation of uncertainty in investment decisions.

When you invest your money to whatever investment vehicle you opt in to, you are entering a deal that has both risk and reward situation. Playing the Stock Market game without a proper risk-reward ratio set up is the same as gambling where you are set up to loose no matter what.