LAP: SGVeans explore ‘pisobilities’

Partners and staff flocked to the recent Liberal Arts Program feature at the WS Development Center Training Rooms 2 and 3 to learn more about savings and investments.

Titled “Explore your Pisobilities,” the lecture was headlined by Mr. Francisco Colayco of the Colayco Foundation for Education. An author, entrepreneur and financial advisor, Mr. Colayco discussed the two sides of a person’s financial profile: the ability to generate active income, which is earned when an individual invests his talent and time; and the ability to generate passive (or investment) income, which is earned from savings. He emphasized the importance of gaining financial independence through maximizing these two capabilities.

He also shared the following tips for aspiring investors:

• Start now.
• Define your goals and roadmap. How much can you save each day/month/year? How much do you want to earn in a year/10 years/20 years and so on?
• Diversify your investments. Do not put everything in one “basket”.
• Be realistic about your risk tolerance.
• Turn market downturns to your advantage. Stick to your plans and don’t panic.
• Invest/Save regularly.
• Review your investment plans and results regularly.
• Stick to the fundamentals.
• Seek independent and professional advice.
• Take losses quickly and profits slowly.

Mr. Colayco concludes with this piece of advice: “Realize that you’ll never be right all the time. Instead, your goal should be to make money when you are right.”

LAP: Explore your “pisobilities!”

Last September, 19, 2011. the Liberal Arts Program gave tips on money management and preparing oneself for financial independence with a lecture titled “Explore your pisobilities.” The lecture was held at Training Room 3, WS Development Center, 2/F SGV Building I.

Author, entrepreneur, venture developer and financial advisor Mr. Francisco J. Colayco will be this month’s guest lecturer. He is the Chairman of the Colayco Foundation for Education (CFE), a prime mover of the Pinoy financial literacy movement. CFE is also the publisher of finance best sellers Wealth Within Your Reach (winner of the 2004 National Book Award for Business and Economics), Making Your Money Work, Pera Palaguin Workbook, Money for Kids and Pisobilities: Gabay sa Buhay Pinansyal.

LAP casts away shadow of doubt on SC

The Liberal Arts Program (LAP) kicked off its 2011 lineup with “Are we losing our country’s soul?” held on January 24, 2011. Lawyers and non-lawyers alike came together to listen to this month’s guest lecturer Marites Danguilan Vitug, award-winning author and chair of the advisory board of Newsbreak.

Marites gave the audience a peek into her much-talked about book, “Shadow of Doubt: Probing the Supreme Court,” which discusses the inner working of this reclusive and “cloistered” branch of government. According to Marites, this culture of confidentiality should be scrutinized, emphasizing the importance of integrity and ethics in the country’s highest judicial court as well as in the Judicial and Bar Council, the recommending body that prepares a list of Supreme Court (SC) appointees.

Speaking to over 120 attendees, Marites also shared the challenges she encountered with releasing the book, such as the death threats she received and the libel case filed against her by one of the Justices. However, she says that what kept her going was the goal of informing the public and encouraging them to be more vigilant.

Tax Director Leo Leaño comments: “It is good that our Liberal Arts Program has lined up relevant, interesting and timely topics to reactivate social and political consciousness in SGV, where time is mostly spent on the rigors of work. The large attendance during the LAP was a clear indication that many SGVeans thirst for these topics. I personally look forward to more lectures by credible resource speakers such as Ms. Vitug.”

Want to get your copy of “Shadow of Doubt: Probing the Supreme Court?” Contact Cecille Santos at or (02) 920-0997, or visit the Shadow of Doubt website.