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 𝗽𝗿𝘂𝗹𝗶𝗳𝗲 𝘂𝗸 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
𝗣𝗿𝘂𝗹𝗶𝗳𝗲 𝗨𝗸 𝗘𝗾𝘂𝗶𝘁𝘆 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀.
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!
𝗧𝗵𝗲 𝗲𝗮𝗿𝗹𝗶𝗲𝗿, 𝘁𝗵𝗲 𝗯𝗲𝘁𝘁𝗲𝗿!
Let's start your investment as early as now! Message me for free consultation and/or planning 📩
Financial wellness starts here,
𝐌𝐢𝐜𝐡𝐞𝐥𝐥𝐞 𝐃𝐞𝐨𝐜𝐚𝐫𝐢𝐳𝐚 𝐇𝐢𝐰𝐚𝐭𝐢𝐠
Licensed Financial Advisor
Certified Investment Advisor
Assistant Unit Manager, PRU LIFE UK
