Blackbook

I have not been actively trading stocks during the past few years. I guess I just got tired of "day trading" and monitoring fluctuations on a daily basis. So I just buy stocks every now and then for long term investment. Then I just forget about them and focus on other things.

Today, I decided to take a look on how my PLDT shares I bought last year were doing. It’s now P1615 per share! I bought it May last year at P995 per share. Cool! That’s 62%!

It’s a happy day!

*****

I also went over the life insurance policy that I bought  a few years ago. Been paying for it ever since. I think I did well in choosing the plan. Every time an insurance agent tries to sell me one of their products, I just show them my policy(they always ask to see it). They go through it and then they just ask me if I can just refer anyone. Hehe.

Anyway, I thought I’d review it since I was already going over my filing cabinet and I’ve already forgotten what was stated in the policy.

Benefits Payable, Accidental Death, Critical Condition, Hospital Income, Living Benefit, Beneficiaries, Conditions, Exclusions blah blah blah….

EXCLUSIONS! Yikes! Exclusion Number 6 states:

"insurrection, civil commotion, or hostile action of armed forces, whether or not the life insured was actually participating therein"

No benefits if I die for my country! How did I miss that? Oh well, I guess I’ll just have to be careful when I go to war and remember what General George Patton said,

"The object of war is not to die for your country but to let the other bastard die for his!"

Yes, Sir!