27/02/2023
A whopping 8.7% inflation rate in the Phillippines from January 2022 to January 2023. From 3% up to 8.7% real quick in just a very small span of time. Take note, it rises up to 6% or shall i say a triple increase in just a year! (Source from Philippine Statistics Authority web page and rappler).
What does this mean? Actually there are good and bad effects.
Good thing is that inflation is generally good for equities (which i know ๐ฝ๐ฟ๐๐น๐ถ๐ณ๐ฒ ๐๐ธ is good at) because it tends to be associated with positive economic growth, rising profits, and stock price gains compared to the fixed interest bonds. Advantage to my clients who already invested in
๐ฃ๐ฟ๐๐น๐ถ๐ณ๐ฒ ๐จ๐ธ ๐๐พ๐๐ถ๐๐ ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐๐.
Bad thing is that, it greatly affects the purchasing power of people, thus, decreasing the value of their money over time.
Invest now before it goes even higher!
Let me help you be an insured investor! Prutect your yourself, your money, and your family!
๐ง๐ต๐ฒ ๐ฒ๐ฎ๐ฟ๐น๐ถ๐ฒ๐ฟ, ๐๐ต๐ฒ ๐ฏ๐ฒ๐๐๐ฒ๐ฟ!
Let's start your investment as early as now! Message me for free consultation and/or planning ๐ฉ
Financial wellness starts here,
๐๐ข๐๐ก๐๐ฅ๐ฅ๐ ๐๐๐จ๐๐๐ซ๐ข๐ณ๐ ๐๐ข๐ฐ๐๐ญ๐ข๐
Licensed Financial Advisor
Certified Investment Advisor
Assistant Unit Manager, PRU LIFE UK
