Here is my unconventional take on why trading in the stock market is not for most, if not all, people. Also especially if you're a seafarer. Trading will always be a losing game and investing still trumps it in the long run. Know more by listening to this episode! Enjoy!

Timestamps of the episode:

• 99% of traders lose their money [02:25]

• Random reinforcement bias [04:07]

• A story about John the Tiktok trader [04:51]

• The 1% of traders who profit consistently are built different and its not you. [08:45]

• Trade taxes and commissions are already a hurdle before you start trading [09:56]

• Zero free commission trading isn't really free. [11:12]

• Trading is a full time job. [12:14]

• Not every one has this personality trait needed to be a successful trader. [13:14]

• You don't really know what is your risk profile. Really. [16:41]

Reach out to me thru my email- [email protected]

and my Facebook page as well- https://fb.me/theseafarerinvestorpod

Today's episode, I will be discussing what people think wrong about investing in the stock market. These are beginner myths that stop people from starting to enter investing in general. Hope you enjoy!

Key Takeaways:

• Stock market is not for you to gamble and why technical analysis is garbage [02:05]

• If I can do it, you also can. The stock market is for every body. [06:07]

• Just do it. Start investing. We all start small, don't we? [07:46]

Reach out to me thru my email- [email protected]

also in my Facebook page- https://fb.me/theseafarerinvestorpod

Welcome to episode 9! Today's episode I will be finally talking about investing! yay. Here, I will explain why saving money is not enough and instead be invested, what stocks are and why investing in the stock market gives the best compounding return available to the public. Let's go!

Key takeaways in this episode:

• Why playing safe and just saving money would not be enough- the need to invest. [01:06]

• We underestimate the power of compounding, [04:52]

• What are stocks really? How it works and why we have a stock market in the first place. [09:06]

• Capital appreciation and dividends- two ways to earn in the stock market. [14:25]

• It's all about expectations in the stock market. [17:44]

• An emphasis on investing as a way to grow wealth, not create it. [20:14]

Reach to me thru my email- [email protected]

and thru my Facebook page - https://fb.me/theseafarerinvestorpod

Welcome to the special episode of the podcast!

I know this is a personal finance and investing podcast but it won't hurt to change course from time to time especially as the topics being discussed in this episode relates to preserving the beauty and longevity of marine mammals at sea. We mostly talked on how building infrastructures at sea affect marine mammals such as whales and dolphins. Ruben Van der Neut, a marine data scientist, and Elisa Rebolledo, a marine ecologist and marine mammal observer dive with me deeper into how subsea construction sounds disrupt marine mammals and how new structures at sea can be or can't be beneficial on native marine species. It is an overall lovely conversation we have here and would add value to those who are curious on the impact of humanity's thirst for more energy sources at sea. I will apologize ahead for the subpar audio quality that you are used to as I only have one microphone on hand which is not optimized in recording three people live. Enjoy!

Key Takeaways from this episode:

• What roles Elisa and Ruben fulfill onboard our ship [3:18]

• Effects of subsea construction noise on marine mammals [5:05]

• Windmill farms at sea, good or bad? [8:25]

• The improving trend on the offshore and shipping industry on marine noise pollution [11:42]

• Are we hearing whale songs right as it is? [14:00]

• Why marine mammals mainly use sound for communication. [17:09]

• Craziest and most common relationships among different marine species [18:10]

• Creepiest underwater sounds at sea [21:26]

• Plastic pollution on the diets of marine mammals. [24:54]

• The techno sound of Weddell seals in the Antarctic! [26:03]

• A bit of a personal peek into why I am not in the science profession [28:18]

Elisa Rebolledo's research in plastic pollution on marine life - https://library.oapen.org/bitstream/handle/20.500.12657/28030/1001966.pdf?sequence=1#page=89

Source of Weddell seals sound - https://www.youtube.com/watch?v=0wVEqHOlYd4

Reach out to me thru my email - [email protected]

in my Facebook page as well - https://fb.me/theseafarerinvestorpod

Today's episode will just be a solo episode as I am currently working at sea but this does not mean I won't do any interviews anymore. I might get an internet sim card for it we will see. Anyway, the topic today will be interesting as it does not apply only to seafarers but to every one who is working already to earn money. This episode is also kind of personal as I am sharing my own financial mistake I made years ago.

Timestamps:

• Financial mistake #1- Inflated lifestyle [1:18]

• Why seafarers tend to overspend [2:37]

• One approach into living below your means for seafarers [3:52]

• Financial mistake #2- No emergency fund [5:06]

• Don't treat savings as an emergency fund. Separate it please. [6:05]

• Why people fail keeping their emergency funds intact [7:12]

• Financial mistake #3- Having no medical insurance

• Seafarers underestimate how expensive medical treatment is [8:50]

• Insurance should be treated as an expense, not an investment [9:54]

• Financial mistake #4- Buying a house immediately and calling it an investment [11:27]

• Buying a property is a concentrated risk and an illiquid asset if not done correctly [13:08]

• Financial mistake #5- Falling for investment scams and get rich quick schemes [14:34]

• If it is too good to be true, it probably is and that's a scam [15:19]

• Why do people still fall on these scams? [15:57]

• Please, always do your due diligence and research [18:04]

• My own financial mistake I made years ago [18:29]

Reach out to me in my email- [email protected]

in my facebook page as well- https://fb.me/theseafarerinvestorpod

We have another podcast interview! On today's episode, we will be having Katie Scarlett on the show. She is an established financial blogger focusing on investing and personal finance for women in general. Her reach is wide and had developed a community on its own. Her blog appeared on various personal finance communities and has been mentioned in Rappler also.

Our conversation is lively and encompassed a lot of great topics including the Filipino culture of parents relying on their children to carry the burden of family's finances. We also talked about her blogs, women in investing, and her experiences as a corporate woman in a highly competitive industry.

This episode is dedicated to all the women seafarers out there. Kudos to you for flourishing and excelling despite being in a male dominated industry. Join in the show and give it a listen. Katie provided a lot of insights that is not only applicable for women but for everyone as well may it be in personal finance or in life in general.

Timestamps for this episode:

• Katie shares about her blog and why she started it. [02:11]

• Why its a high time for women to be financial bloggers [03:44]

• Financial literacy of Filipinos and her blog's mission [04:39]

• Starting from negative net zero and why its hard to embrace financial literacy. [06:28]

• Rising trend among Millennials and younger generation of overcoming a generational financial culture. [10:21]

• Katie shares her journey of transitioning from different highly competitive sectors. [13:00]

• How hard it is being a competitive working professional and at the same time being a mother. [15:20]

• How having a graduate degree helped her career a lot. [18:48]

• We talked about her blog on women empowerment and the rising trend of women seafarers in our industry. [20:13]

• Katie gives her tips for women and in general on personal finance [27:20]

• Always level up! Katie shares why constantly improving your qualifications and being valuable to your workplace is a must. [31:04]

• We talk about her blog post on women stereotypes and her view on the most incorrect stereotypes on women [33:54]

• Where can the listeners reach out to Katie Scarlett. [38:54]

• Katie shares her view on how to live a happier life and how it affects managing her finances. [40:08]

Where to reach Katie Scarlett:

website- katiescarlettneedsmoney.com

fb page- https://www.facebook.com/KatieScarlettNeedsMoney/

twitter- https://twitter.com/MeKatieScarlett

instagram- @katiescarlettneedsmoney

Reach out to me in my email - [email protected]

in my fb page as well - https://fb.me/theseafarerinvestorpod

In this first ever podcast interview, my guest, TheRiskAdvisor, will be talking about what insurance is and how they work. He is a Certified Public Accountant (CPA) and has worked as a risk advisor in one of the big 4 accounting firms in the Philippines before transitioning to another job in a global pharma company and becoming a financial advisor for AXA. We only not talked about insurance but also on how to integrate insurance into your financial planning, the importance of emergency fund first, BTID strategy (Buy term insurance and invest the difference), VUL's bad reputation and so much more. So join in and listen to the interview as I believe it will provide a lot of value as it did for me.

Timestamps from this episode:

• What lead Aljes Reyes to become a financial advisor as well and why it is an independent choice [03:25]

• What is an insurance really? [06:00]

• Why is insurance penetration is low among Filipinos? [08:12]

• Overview on the different insurance products available [10:15]

• Why are insurance policies in the Philippines expensive compared to other countries? [12:29]

• What is the best insurance for Millennial Seafarers? and for everyone in general? [13:40]

• Occupational risks of seafarers and insurance. [19:22]

• Why is VUL frowned upon financial circles? And where did the bad impression come from? [20:12]

• VUL being an automated investment tool, its high fees and underperformance. [22:29]

• Don't sell your VUL in year 1 if you have one. [24:51]

• Are the management fees of VUL's reasonable? [25:55]

• Introduction to Buy Term insurance and Invest the Difference (BTID) strategy. [27:49]

• Why BTID is the best option for most people out there. [29:56]

• Emergency fund or Insurance? Which comes first? [31:17]

• Where can people reach out to TheRiskAdvisor-Aljes Reyes? [33:21]

• Aljes defines what is a life filled with happiness for him and shares tips on doing so and about approaching insurance. [34:14]

Link to The Risk Advisor's Facebook page- https://www.facebook.com/TheRiskAdv

Link to his sample quotes in google drive- https://drive.google.com/drive/folders/1-3f-37-rOo0UJguiM4uXiXdDOyKYOryy

Reach out to me in my email - [email protected]

On today's first episode of the year, I will be talking about how I tackle budgeting as a seafarer.

Timestamps:

• My budgeting method won't be for everyone, but perhaps for some. [00:43]

• What is budgeting really? [02:39]

• tip #1 Budget ahead of time [04:00]

• tip #2 Pay yourself first [05:45]

• tip #3 Don't lie to yourself [07:48]

• tip #4 Don't micromanage everything! [10:48]

• Budgeting is easy but we're just humans. [14:02]

Reach out to me thru my email- [email protected]

Today's episode I will be discussing why you should see your personal finance as doing a business and how to make your own personal financial statement!

timestamps in this episode:

• Doing the next step- what do we have? [01:06]

• So why treat your personal finance like a business? [02:25]

• How do we start with making your own personal financial statement and what is a net worth [04;50]

• What are assets and what can you include personally? [06:55]

• Why you should not consider your home as an asset. [09:48]

• What are liabilities? [11;18]

• Bringing them together-assets minus liabilities = net worth [12:33]

• Two obvious ways to increase your net worth [13:42]

• Where to write your personal financial statement? [15:05]

Link to the google drive of the free net worth tracker:

https://docs.google.com/spreadsheets/d/1eDBToMmuxXrHqqOeGDR9WQhVLNzX0D3M/edit?usp=sharing&ouid=101851784172927045646&rtpof=true&sd=true

My email address:

[email protected]

Today's episode will be about knowing your Financial Whys- why it is so important than just having a financial goal on its own. Also, I will be talking about how an emergency fund works and why it is so important before everything else.

timestamps in this episode:

• Why I am not talking about investing immediately [00:43]

• What is a Financial why and why it differs from a financial goal. [02:23]

• Why accumulating money is stupid. [06:30]

• How to go about your Financial whys? [07:30]

• Why have an emergency fund? [11:00]

• Going deeper, what is and how much of an emergency you need? [14:00]

• Why seafarers must have bigger and longer emergency fund. [16:35]

• Please leave your emergency fund alone [18:43]

• A way to invest your emergency fund and stay liquid [20:45]

• Key takeaways from the episode. [22:43]

Link to the discord group I mentioned- Phinvest

https://discord.gg/gKwTKfdTh3