Tuesday, April 21, 2009

rants and raves

Just saw in the news that Prudential Life can no longer sell their pre-need plans because of lack of investments or something to that effect. In other words, just like the Legacy Group, they don't have enough resources to support their plan holders. Sheessh. Things are getting bad, especially for parents like us.

I used a CAP (which, by the way, is also in a fiancial bind) when I entered college. It was a good investment. Imagine, I studied for 4 year for just a P6,000 investment? At those days, our tuition fee ranged from P6 - P10k (or more, I think) per semester. Before these things happened to the pre-need industry, Jan and I were actually thinking of buying an educational plan for our kids (or future kids at that time). Now, it seems that getting one is a sure way of losing your money.

What gives? Don't these financial people see that a lot of people's future are in their hands? Now we're thinking of other ways to save-up or invest in Sophie and Sam's college education.

I pity those people who lost money because they invested in these companies.


On a good note, the Spurs won game 2 versus Dallas today. They lost game by 8 points and they won today by 21 points. Talk about winning with a vengeance. Manu Ginobili is out for the playoffs, which is bad for the team, but I think Duncan, Parker plus the supporting crew can make it to the Western Conference Finals, as long as they focus on their defense and work on their offensive sets.

My fearless forecast in the Spurs - Mavs series: Spurs in 6.

After experiencing the scorching summer heat this month, rain finally came last Sunday and its still raining today. Its a welcome development for all of us here in Manila. There was this one time when I was on my way home, I passed through a mall and when I went out for a cab, the humidity hit me like a brick wall.

Ironically, Sophie was singing "Rain, rain, go away . . ." since Sunday hehe!


I've noticed that some politicians are coming out with their TV ads as early as now. Wala lang, hehehe.


The Wolverine movie is coming out next wee. As an X-Men fan, I'm really looking forward to seeing the movie. There are already pirated dvds out, but I heard that they don't have the ending and you could still see the straps and ropes used by the actors during the stunt. Its interesting how Wolverine became the face of the X-Men all these years. He wasn't an original member of the team. In fact, his first appearance was in a Incredible Hulk comic book. I guess his rough features and personality appealed to a lot of people.

Personally, I like Gambit, Cyclops, Night Crawler and Cannonball (Samuel Guthrie, which is why I like the name Samuel and gave it to our new baby) who were all in the previous movies, although Gambit had a short appearance, and I had to review the credits to confirm that he was actually there.

I saw the poster and I think Cyclops and Gambit will both be in the movie.

Enjoy the rest of the week boys and girls!



EyMi said...

my sister had CAP and fortunately we were able to retrieve a portion of what we invested. pero pinila pa talaga namin yun sa CAP and waited for months (actually more than a year) but at least meh naibalik.

i think it's better if you have your money time-deposited than invest it on an educational plan.


me likey Xmen too! Can't wait. =)

Summer said...

I'm so excited to watch the movie of X-Men..;D
Isn't it Gambit and Cyclops are brothers right?!Just a wild guess??=)

Solo said...

I want to watch X-Men....=D

titashi said...

i enjoyed CAP insurance too, me and my brother. those were good times, ngayon wala ka na aasahan.

i saw x-men na, ganda pero parang bitin ako sa action.

BAM! said...

Eymi : Yup, I think right now, time deposit is the right choice.

Summer : Nope. Cyclops' brother is Havok, another x-man and another guy named Vulcan (who appeared in the comics logn after I stopped collecting). :)

Solo : Me too!

Titashi : Talaga? Huwag mo ikuwento ha? hehe :)