After all the bloody jakol, masterbeyshun and ajaxkoleyshun entries on FV, now here comes one very trying hard entry on economic chorvalais hehehe! Birds of the same feathers sila mga kunichiwa! This is FV’s dysfunctional blogging at it’s finest! It’s a safe assumption na ubos na ang pretentious topic na ma-iblog nang mga to. Worse, walang makuhang matinong blogger ang editor not the chief. Hahaha! So, I was reading this blog entry on FV, and the 1st paragraph talked about investing. “Being conscious about savings, setting aside college funds and then retirement“. Nothing’s wrong with those, right. Then the entry took an abrupt turn to consumer confidence! Huh?! Anong nangyari?! Ini-kweyt ba naman ang consumer confidence sa investing decisions!
Anyone can absolutely use any type of measurement for investing decision. Palad ni Madam Auring is good. Gusto mo tong-its pa eh. Jackstone pwede rin. So, yes! You can use consumer confidence index. No one is stopping you. But is it an informed and/or intelligent investing decision? Especially pag pinangalandakan mong me MBA ka noh? When you talk about retirement, you talk long-term. Which means, you are more interested in what’s happening behind the fluctuations nang mga prices. Read: CPI dahil behind CPI are more juicier data at meron syang concrete story aside from cost of capital. When you talk about consumer confidence, you talk short-term. Ek kasi nga, based eto sa sentimiento tutal not on dollar! Getz?! Maligaya sila ngayon, bukas? Luluhod ang mga tala at baka umiyak ka.
Let’s take swine-flu for example. What happened to consumer confidence on pork sales? Bagsak. So what would you do if you have stocks from a corporation selling baboy? Dump mo baboy stocks mo?! If you did, what would you do now given na wala na yong swine flu? Buy uli nang biik? Diversify with crocodile stocks?! So pano ngayon yong cost of capital mo? Getz? Kaya nakakatawa na ang itsura nang FV which is badly needing credible bloggers and the implosion is ongoing. Hahaha!
Let me introduce you people to some basic economic principles and as usual with your lola, translate ko sya ever in none-nobel-pissed-prize-language that will piss off emperor benigno. If you noticed, ang blog na ni-re-refer ko eh walang makuhang matinong writers considering na katatapos pa lang mag-jakol nung iba.
What is Consumer Confidence Index?
Consumer Confidence Index mga kunichiwa is a tool to help us understand consumer’s mindset para magkaron tayo nang informed decision about the future course of the economy at mga paninda naten! Pag happy ang consumers, they tend to spend more. Pag confident sila, kahit anong layaw nang boylets at gurlets mo, buy ka ever. The Philippines, just like much of the western world, being a market driven economy, are greatly influenced by consumer spending. Kaya, mega-watch naten ever kung happy sila. Getz?
How is index this being done?
Sa CPI (Consumer Price Index), me tinatawag na basket of goods tapos me mga nakakabit na presyo. Actual na presyo yun. Sa CCI (Consumer Confidence Index), survey po sya. ~wink~ ~wink~ Now, I don’t know kung ano ang drama nang Nielsen noh? But i would assume, pare-parehas the same lang sila for the most part. Korak? And it’s a poll done with only a few questions that could only be answered by positive, negative or neutral. Walang sagot na ewan ko.
Saan to ginagamet?
Well, por ejemplo there is a month to month decreasing trend that suggest that consumers are worried about job security. So, if you’re in retail, expect that consumers will avoid large ticketed items or that you’d see them in hordes sa mga ukay-ukay. Getz? Or you’d see banks lending activity na medyo bumaba, why? Takot nang mangutang tao. O takot din ang bangko dahil mga walang pambayad.
What’s the problem with CCI?
It’s a survey. And survey results may contradict other indicators like Gross Domestic Product. It’s a very subjective indicator with no physical sets of data, unlike CPI. But you see, 11% of the Philippine population are OFW’s. OFW remittances drives the local economy. Typically, CC surveys urban consumers. Here’s one big subjectivity. Urban consumers in the Philippines could essentially be classified into two (2) groups. OFW families/Expats who have a much higher and/or relatively stable income, and families who are both working and earning in the Philippines. Agree? Ngayon, was this ever discussed nung bragger blogger? Nah! So, who were surveyed? Why is this important? Who do you think will have a positive response?! Eh siempre! Mga OFW families/Expats! Sino pa ba! Hahaha!
What is Consumer Price Index?
CPI is a measure of the average change over time namang nang mga presyo na gina bayad nang typically urban consumers for a market basket of consumer goods and services. English? Di naintindihan? Ganetch.
How is this being done?
Tinawag syang index to make measurement easy. Meron syang tinatawag na specific CPI index as a reference base. Meaning, yong base na yun is equal to 100. Typically, 36-month period sya and most CPI indexes have a 1982-1984 reference base. Yong 1984, 100 sya. Mula nong 1984, mini-measure ang changes in relation to the base. Getz? Kaya pag sinabing 110 index, merong 10% increase mula dun sa reference period or sa base. Klaro ba Basilio? Ganun lang sya kasimple. Hindi mo na kelangan nang PhD dyan.
Why is CPI important?
So, you’d ask, what’s with the CPI? Response? ‘Day!!! Wag mong maliitin ang CPI. Importante ever sya sa buhay nang mga boylets ko at mga kulasisi nyo. Why?
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It’s an an economic indicator. Ginagamet sya mostly to measure inflation. Sasapakin ko kayo pag di nyo naintindihan ang inflation?! Grrr! And what happens na nga pag nag-tataasan mga presyo nang bilihin aber? Sino ang minumura naten? Ang gobyerness mga kunichiwa. Kaya CPI is a good indicator how effective ang pamamahala nang gobyerness especially it’s programs and policies. Getz?
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Eto pa. Do you remember this line? As prices increase, the purchasing power of the consumer’s pesos declines. Ganun kaimportante ang CPI. In simpler terms, as prices increase, nawawalan ako nang boylets. Eh, haller! Siempre, mauuna muna ako mag-spend anoh?!
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At mas lalo kamong importante ang CPI as a means of adjusting monetary values. Huh?! Ina-adjust ang pera? Oo Crispin! Makinig ka! Kung nagkataong impakto ang gobyerness at walang tigil ang inflation in such away na dumating sya sa lagpas bubong, ang tawag dun hyperinflation, ganito ang nangyayari. Magiging bilyonaryo ka.
Lahat pwede maging boksingero. Pero hindi lahat nagiging si Manny. Si Manny me experience. On a scale of 1 to 10, I give the entry a negative 1 for trying hard.
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{ 36 comments… read them below or add one }
ang galing mo reynz! naitindihan ko lahat itong lecture/explanation mo.
wala akong MBA, wala ring PhD. 
ha ha ha ha. Reynz, dapat pagdating ng araw maging professor ka sa University. Wag na dito sa Pinas, dyan na lang sa US. babaratin ka ng schools dito, magagalit boylets mo! ha ha ha.
Glo´s last blog post..Danny Gokey, Ousted at Idol
[Reply]
reynz Reply:
May 15th, 2009 at 4:56 am
hahahaha there is a standing offer for me to teach at one university in manila na itago na lang naten sa pangalang hahahah ayokong sabihin! but when i decide to go home for good, siguro, i will, pero mag-iipon muna ako nang pambayad sa mga security guards sa dami nitong mambabato saken hahaha
reynz´s last blog post..11th Podcasting Reynz: Secret revealed!
[Reply]
Glo Reply:
May 15th, 2009 at 5:29 am
ha ha ha! okaaayyy. sige before ka mag-retire dito sa pinas, yan ang gawin mo. magturo.
[Reply]
Thanks for your post Reyna.
Dati ang inaasahan ko lang sa mga ganitong topic ay si the Cat, may isang demigod commenter na chinachallenge sya,binabastos pa.
Di ko alam kung saan ang mga blog ni cat na tumutukoy sa economics ,finance and marketing pero natatandaan ko me nabanggit sya na separate blog from Now,What Cat?
[Reply]
reynz Reply:
May 15th, 2009 at 4:56 am
yeah, cat is very good on economics too hahaha and i know kung sino sino ang bumabastos sa kanya sa FV
reynz´s last blog post..11th Podcasting Reynz: Secret revealed!
[Reply]
ewan ko ba,pero kahit kelan para sakin boring ang mga posts nya (im not intellectual kc) hangang ngayon wala pakong nabasa talaga na post nya na di ako nabored, nuon nagbabasa pako pinakalast ko yatang nagcomment sa post nya e yung ke pnagndaman tapos later on binago e mukhang natakot sa libel suit kaya binago bigla wahahaha
pero sa totoo lang boring ang post nya, dapat magpaturo sya sayo at kay mam cat ng pagsusulat na atleast kahit boring ang topic nya e yung di naman to the point na makakatulog ka na lalo pa pag bigla binanggit nanaman yung anghel na matagal ng nananahimik e sisibat nako diko na type basahin ayoko nung mga ganung topic na gagamit ka ng mga ganun para makakuha ng simpatiya ng mambabasa mo instead sisibatan ka.
lee´s last blog post..710… errrr…OIL
[Reply]
reynz Reply:
May 15th, 2009 at 6:14 am
hahaha
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
Agree ako sa sinasabi mo Reynz dahil yan po ang coverage ng work ko. Yang mga economic indicators. CPI kasi is used to index wages, salaries and pensions. Importanteng index ito at syempre sa mga ekomista nasa top priority itong malaman ever… ^_^
Snow´s last blog post..To Reyna Elena and Her Majesty’s Top 10 Emerging Influential Bloggers
[Reply]
Snow Reply:
May 15th, 2009 at 5:21 am
..correction..yung ekomista po ay ‘ekonomista’…sowee po, medyo bulol ang keyboard ko lately… ^_^
Snow´s last blog post..To Reyna Elena and Her Majesty’s Top 10 Emerging Influential Bloggers
[Reply]
reynz Reply:
May 15th, 2009 at 6:09 am
yeap!
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
good point about Consumer Confidence being short-term.
but she never said we should use CC for long term investment decisions.
she basically shared the Nielsen survey. thats it. she did theorize that the recent uptick in savings relative to the previous year is due to loss of consumer confidence. thats standard.
so i don’t understand where this rant is coming from.
[Reply]
Karl Garcia Reply:
May 15th, 2009 at 5:52 am
We don’t know their history GabbyD, (momblogger/reyna) but we know the history about FV and Reyna, so connect the dots.but do you have to connect the dots,if I may ask?
[Reply]
reynz Reply:
May 15th, 2009 at 6:04 am
She insinuated. Check out the the beginning ant the ending. It’s a badly written sharing and presentation. You don’t insinuate retirement when you talk about consumer confidence. Worse, how come the smaple was not discussed? Sino ba talaga ang happy? Mga pinoy in Pinas? Or Pinoy sa labas?
It’s a bad bad blog entry from an MBA.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
GabbyD Reply:
May 15th, 2009 at 6:19 am
insinuate? she didn’t hint at advising people to use CC for long-run investing…
the first paragraph is about her saving decisions in general. her last par is about her savings decisions in the short run.
i will concede that she is insinuating that short-term uncertainties will lead to her personally minding her savings in the shortrun more than usual.
i agree her first paragraph has NO real connection to consumer confidence per se.
at worst, this is unfortunate writing.
But to say that she is hinting at giving long-run investment advice using CC is unfounded.
what exactly in what she wrote makes you feel she is insinuating using CC as long-run investment advice?
[Reply]
reynz Reply:
May 15th, 2009 at 6:28 am
read it again Gabby and dissect her insinuation.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
GabbyD Reply:
May 15th, 2009 at 6:44 am
maybe i don’t have your ability to dissect the piece to get at the same conclusion as you…
i’ve read it, and even summarized it above. mali ba ang summary ko?
ok, i admit you don’t have to argue using her text if you don’t want to. sayang lang…
reynz Reply:
May 15th, 2009 at 7:09 am
no worries gabby,
read cat’s comments below (leche! dapat natutulog na ako! hahaha)
reynz´s last blog post..FV’s dysfunctional blogging at its finest
I just found sense sa FV. Don’t be mad at me! If you will combine the Jakol article and this survey article… there is something that will improve the economy…
Jakol promotes more savings. Such as your retirement fund and trust funds. Since jakol is a form of self help, you already cut spending from other service related needs like travel and other leisure. And that additional fund enables one to buy more stock shares or mutual funds. Jakol has greatly promoted low consumer spending kasi lupaypay na sila.
SO, stimulate your package! nyahahaha…
I’m not a fan of research companies, lalo na sa Pilipinas… ask me about it.
Johnonymous´s last blog post..Emerging Certainly, Influential Hopefully… My Response on my nomination
[Reply]
reynz Reply:
May 15th, 2009 at 6:06 am
Exactly why I pointed it out here and the blogger missed to point out.
It’s a survey. And survey results may contradict other indicators like Gross Domestic Product. It’s a very subjective indicator with no physical sets of data, unlike CPI. But you see, 11% of the Philippine population are OFW’s. OFW remittances drives the local economy. Typically, CC surveys urban consumers. Here’s one big subjectivity. Urban consumers in the Philippines could essentially be classified into two (2) groups. OFW families/Expats who have a much higher and/or relatively stable income, and families who are both working and earning in the Philippines. Agree? Ngayon, was this ever discussed nung bragger blogger? Nah! So, who were surveyed? Why is this important? Who do you think will have a positive response?! Eh siempre! Mga OFW families/Expats! Sino pa ba! Hahaha!
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
Johnonymous Reply:
May 15th, 2009 at 6:18 am
Branded research companies sa Pilipinas have no enough technologies to capture impulses or response.
Dati-rati nanjan na ginoglorify nila ang Nielsen. But after the TV network wars, Nielsen lost reserach authority and it seems like ABS-CBN glorifies TNS. Bukas, nanjan ang Gallup along side with our very own SWS…
It’s highly subjective. What the figure tells is very different from what you experience outside… suyurin mo ang kabahayan ng mahihirap compared sa presentation ng research companies.
Look at the elections for example, you cannot count on the surveys…
Johnonymous´s last blog post..Emerging Certainly, Influential Hopefully… My Response on my nomination
[Reply]
reynz Reply:
May 15th, 2009 at 6:22 am
exactly and that’s always been the question really about these polling companies in the philippines, kaya kung ako ang blogger, i would have
focused dun sa methodology at kung talagang MASAYA
nga talaga ang mga PINOY’s sentiment
instead of retirement and all these investment diversifications insuationa aobut income streams which really was very trying hard!
she missed the fact that CONSUMER CONFIDENCE sa Pinas ca be totally misleading dahil nga sa presence nang mga OFW Families who are far more happier than say a couple working and earning in Makati.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
Johnonymous Reply:
May 15th, 2009 at 6:27 am
Frankly, there’s nothing wrong with information sharing such as this… kaso kailangan talaga nating maging fool-proof!
Huli! Tumatae na naman sa puno ng kamachile!!! Hahaha!!!
Tapos nakita ni Lee yung tumatae…. sabi nya:
“Ale, okay lang po ba kayo? Meron po akong Gillette at Nair, alin ba dito ang gusto nyo?”
Hahaha….
Johnonymous´s last blog post..Emerging Certainly, Influential Hopefully… My Response on my nomination
Snow Reply:
May 15th, 2009 at 6:22 am
@Johnonymous
I agree with you, research country sa Pinas is a ‘blah’. Sa work ko nga yung mga dayuhan binibigyan namin ng data at nakikita ko na medyo ayaw nilang gawaan ng forecast ang Pinas…Darn, to think na ang gumagawa ng research nila mga Pinoy…Hay, buhay….
Snow´s last blog post..To Reyna Elena and Her Majesty’s Top 10 Emerging Influential Bloggers
[Reply]
reynz Reply:
May 15th, 2009 at 6:25 am
well, palibhasa hindi naintindihan nung blogger kung ano ang real issue dun kaya naman
she just ended her blog with a very elementary question
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
lee Reply:
May 15th, 2009 at 7:53 am
@John,
minsan nung matae ka bukid sa my ilalim ng aratiles my pinatay malapit sayo—
natural tatanungin ka ng pulis kasi ikaw malapit sa pinangyarihan—
sabi ng pulis, ah e John, sa palagay mo mga ilang hakbang ang layo sayo nung pinatay?—
e pilosopo ka kahit kelan, natatandaan mo ba yung sagot mo sa kanila?
ako tanda ko pa—
sabi mo, “e san ba naman kayo nakakita ng humahakbang habang tumatae”?
lee´s last blog post..710… errrr…OIL
Johnonymous Reply:
May 15th, 2009 at 4:13 pm
hahahaha!!! langya!!! hahaha!
Silver, PhD Reply:
May 15th, 2009 at 5:31 pm
Leche…
Humahakbang habang tumatae??!! Hahahahhaha
Nakasinghot ng tae ng kabayo si Lee…hahahahha..
Silver, PhD´s last blog post..The Pirate and the Imperial Storm Trooper
darbs Reply:
May 15th, 2009 at 6:18 pm
OT: din po ito. inumpisahan po nila kamahalan nakisabay na lang po si ako.
Bisayan version:
ATTY: asa ka pagkahitabo sa rape?
JUN: sa kamaisan
ATTY: nag-unsa ka didto?
JUN: nalibang!
ATTY: pila ka kadupa gikan sa krimen?
JUN: naa bay malibang magdupa-dupa? . Ayaw pagbugal-bugal ‘torni uy!
darbs´s last blog post..Unemployment life line made in the U.S.A
bloggista Reply:
May 16th, 2009 at 7:26 pm
Di pa ako na survey, kahit isa sa mga friends ko, kahit isa sa mga libong kamag-anak ko.
Pati mga kapitbahay namin, at mga friends nila. Mga ofc mates ko, kahit yung mga nakitira sa may riles ng tren.
Sino na ba dito ang na survey?
Sana may sumagot. Para malinawan ako kung ano yung mga survey na yan.
bloggista´s last blog post..10 Reasons Why Companies Should Seriously Consider SaaS Software Now [del.icio.us]
[Reply]
another question: how do you know that the OFW families are disproportionally surveyed? if nielsen knows its stuff (and i’ve no doubt that it does), then it would use the correct sampling design.
are you saying that neilsen’s design is flawed?
[Reply]
reynz Reply:
May 15th, 2009 at 6:27 am
I don’t know, you tell me, that was never presented by the blogger when that should have been a more meaningful topic instead of a very grade one-nish – what will you buy?!
as i have said in my comment above – who was interviewed? Pinoy sa labas? Or Pinoy sa Pinas. Pag Pinoy sa PInas – OFW ba? O hindi OFW. The blogger should have discussed that part.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
GabbyD Reply:
May 15th, 2009 at 6:39 am
i think that by discussing the results directly, she’s expressed confidence (insinuated confidence?) in neilsen’s methods.
namely, that the statistics have the statistical properties that we expect it to have.
[Reply]
reynz Reply:
May 15th, 2009 at 6:50 am
It’s an insinuated investing decision using CCI, Gabby.
That was her last par.
Talking about statistics – who did they send their questionaiires and/or iintervview questions to? From what I understand – targeted were
urban consumers. Do you have that statistics? Mind
sharing it?
That’s why I pointed out that SURVEYS like this are very
subjective. It’s even more subjective given the presence
of OFW families living in the Philippines who are far more
HAPPIER to respond compared to the non-ofw families. Getz?
reynz´s last blog post..FV’s dysfunctional blogging at its finest
GabbyD Reply:
May 15th, 2009 at 7:15 am
yes, i agree that this is a survey of urban consumers.
you also said that there are two types of urban consumers, OFW families and non-OFW families.
if its correct that OFW families are wealthier, more confident, etc, then their answers will reflect that.
if the stat methods are correct, the data should incorporate these facts in the way that it should be done — i.e. a random sample that reflects the relative size of either group…
so i guess, are you of the position that we shouldn’t be including OFW families completely? bakit? coz its more “subjective” why exclude them? don’t their opinions matter too (as long as they are not over sampled)?
no i dont have the data.
reynz Reply:
May 15th, 2009 at 12:33 pm
GabbyD,
you cannot exclude them. kaya nga i was reading yong
comments and agreements mo ki Cat about stratified
sampling – which ang good basis nang sampling is to
be able to capture a good sample which is representative
of the entire population.
kaya NOPE, i did not say na exclude OFW, i pointed out
the subjectivity of CCI and given the presence of OFW famiilies
who are prolly respond nang masaya – thats a good
question sa sampling nila WHICH WAS NOT discussed
dun sa entry. Korak? those are the things na dapat ni
raise nung blogger.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
Johnonymous Reply:
May 15th, 2009 at 6:33 am
Nielsen Philippines it is…
Johnonymous´s last blog post..Emerging Certainly, Influential Hopefully… My Response on my nomination
[Reply]
reynz Reply:
May 15th, 2009 at 6:50 am
hahaha i don’t know how to complete that hehehe – tulog na ako!
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
@gabby,
“IF”
“I’ve no doubt”
How could you use those conflicting statements for your decision? It’s not even a decision. You’re confused.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
GabbyD Reply:
May 15th, 2009 at 7:17 am
what that means if that if neilsen knows statistics, it will use such knowledge accordingly in conducting its surveys.
the parenthetical remark reflects my opinion that they DO know the requisite statistics. di ba thats a decent assumption? — but i stand to be corrected if they are in fact wrong.
[Reply]
GabbyD wrote:
Probably because of this statement :
Investing on businesses such as fashion industry and new technology is a long term decision.
Not unless, you are referring to ukay-ukay.
I am surprised that with the decline of consumer confidence index at more than five per cent, a suggestion such as investment in goods that are not basic come up as an option.
In the declining consumer confidence index, the consumers’ behavior tend to shy away from the non-staple products.
So why consider this when the people perceived that there is recession?
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
GabbyD Reply:
May 15th, 2009 at 7:24 am
ah, but that is the last sentence of a paragraph that is different from the first part of the paragraph…. (i’ve conceded that her post would benefit greatly from some editing. : ) )
the second part reads: ” Across the years, Filipinos have shown their resiliency and tendency to save NO MATTER [my emphasis here] the economic situation. It is good to maintain a balance of saving and spending but our economy will thrive if the consumer is also willing to spend. Perhaps, it is time …”
so she has left the topic of CC, and started talking about what she thinks we should invest in (businesses).
now you can disagree with this. Reyna can disagree.
but this is NOT reyna’s complaint.
Reyna argues that momblogger says CC is a guide to investing, saving… wala syang sinabi na ganun… to be fair/in fairness…
[Reply]
reynz Reply:
May 15th, 2009 at 12:10 pm
GabbyD,
Panong hindi if you look at the total entry + the investing insinuations? That’s why I offered the correct basis – CPI instead of using CCI dahil pwedeng magbago yan kina-umagahan. Kaya nga insinuations yong sinabi nya. That’s basically the trick na ginagawa nang mga bloggers who have no confidence and not sure about their topic pero gustong bumirit.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
GabbyD Reply:
May 15th, 2009 at 8:03 pm
i’m surprised we can’t agree on this… i’ll try again… what do we need to show that she insinuated using the CC to guide ones advice?
she’d have to say : “based on the nielsen survey that says … we should take this important data to heart when we consider…” or something similar.
she did not do that.
what did she do? basic structure: this is what i do in my life (which btw is has nothing to do with CC)… this is what people think (insert graphs from neilsen here). here is a bit of what i think people should invest in for nation building NO MATTER what the CC is (business, etc), and finaly, this is what i’ll do in the next 6 months (more of the same of what she usually does).
is any of this wrong? please enlighten me.
also, the entry would be greatly improved with some editing
but thats ok lang diba, no biggie…
no where is it insinuated that she uses CC to guide her own decisions, NOR does it espouse it to others.
reyna, sorry if i’m hung up on this, but i get obsessed with the truth sometimes. i’d like to think everyone is reasonable and logical. so if what i’ve said is wrong, please do share. ty.
[Reply]
reynz Reply:
May 15th, 2009 at 11:33 pm
@gabby,
Yeah, me too. I don’t know what you’re not understanding. I was pretty clear with my entry on her insinuations. I already pointed out the keywords she used in the opening paragraph about investing and saving for retirement only to refer to consumer confidence index in the entire presentation. Then, close her entry with even giving financial advice for consumers to be micro-entrepreneurs and start a business in the Fashion industry or venture on a larger scale towards new technology and finally, a closing statement on diversifying income streams all towards retirement and using the CCI as basis of decision.
I honestly don’t know which ones you don’t understand. You could ask the same question but your MBA friend has one very very wrong understanding about making financial advice by using consumer confidence which is why I was offering that instead of using CCI – use CPI. For someone who has MBA and cannot understand the difference between the two is in a very sorry state.
That’s the problem with people. You said, in your earlier statement SHE WAS JUST SHARING. I read it again Gabby. It’s not sharing when you start giving some financial advice.
Now, which part again you don’t understand?
Because I do plan not to stop repeating my response.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
test
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
Gabbyd wrote:
This statement is promoting long term investment decisions:
This is an advice for long term investment not unless she is referring to ukay-ukay in the fashion industry. Investment decision in a large scale industry such as technology is a long term one. Besides, you do not use savings for this particular business endeavour. Capitalizations run to millions and setting up the business extends to more than 12 months.
I am surprised that with the decline of consumer confidence index of more than 5 per cent , a recommendation of this type of investment is offered to stimulate growth.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
during the decline of consumer confidence index, the businesses do not start new projects. Only a fool would invest in non-staple products such as textile and technology which are the very same products avoided by people who perceive that there is recession.
Why did the US government issued stimulus check for consumers in 2008 to taxpayers. To encourage them to spend. Now 2009, the stimulus check is sent to veterans, retirees and pensioners.
The purpose is to make the consumers spend these extra money to buy products to stimulate the economy.
Manufacturers and retailers who use this month-to-month information decide to decrease their inventories which result to slow-down production which in the long run may result to downsizing operations and manpower.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
The CCI is a result of the perceptions of the consumers surveyed and therefore are very subjective. it may not necessarily reflect the real condition of the economy of a country.
The real recession is measured by the decline in the GDP in two successive quarters.
For home economists(home economics grad) , the CCI is used to forecast what is going to happen in the near future.
For economicsts, the CCI is not expected to show what is going to happen in the next six months due to its lagging characteristic as indicator.
What do i mean by lagging? It is measuring only what has happened and perceived by the consumers. kung baga sa bagyo, nandiyan na ang bagyo o dumaan na ang bagyo bago nakuha itong index na ito.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
GabbyD Reply:
May 15th, 2009 at 8:57 am
i would say that the CCI in general is controversial whether ist leading, lagging, or merely reflects current conditions.
found an interesting link:
http://www.investopedia.com/university/conferenceboard/conferenceboard7.asp
link’s bottom line:
it depends on what CC survey you look at. there are a number of studies on the web on this, and i think it would be accurate to describe the research as “mixed”.
[Reply]
reynz Reply:
May 15th, 2009 at 12:15 pm
Matagal nang controversy to Gabby and I have a whole notebook nang awayan nang mga kaklase ko about this.
Although the happiness and the spending ability of the consumer is a major determininant nang expanding economy, survey pa rin sya that’s not based on solid numbers kaya minsan palpak sya to be used for investing decisions kasi sa pagkatemporary nya, pwede syang magbago after a few months. What would you do kung nakabili ka nang sangkatutak na equities taz bumagsak and CCI? benta mo ba uli? Kaya me tinatawag na HOLD. Mahabang kwento… pero for now, that’s what I am saying….
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
I am sorry reyna if I dominate the comments. I was planning to make a blog to correct the inconsistencies and out-of-sync statements in that blog but my sched. with the doctor left me tired that I have to take a long nap before I can use my brain again. hahaha
you are correct. CCi discussion never goes with issues such as retirement and educational plans. This falls under actuary, the science that deals with the financial impact of risk and uncertainty.
Long term investment decisions use financial tools to evaluate their feasibility and profitability. They do not make use of CCI.
The projected financial data rather use the CPI to reflect the impact of inflation.
What the blogger or bloggers should remember is do not wear that is too big for your head”. If it is not your expertise, it is suffice to write about what your plans are, but never copy paste processed data which you do not understand and recommend something which is beyond your understanding.
One thing that pisses me off is when someone talks about economics when she or he is not an expert on the topic. She or he is miseducating the reading public.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
Silver, PhD Reply:
May 15th, 2009 at 9:24 am
Kaya ako maingat ako sa pagpost ng topics that require in-depth analysis…
And hello!!!! investing in technology?? What technology? Disposable cellphones or building a semicon plant??
Hehehe….
Investing in technology is madugo because of the raging product timelines that run at the most – 6 months. So ibig sabihin, every 6 months e may bagong tech product. So paano ka maginvest ng new tech if the products change at 6 months? Isnt that considered as a waste of money???
Silver, PhD´s last blog post..The Pirate and the Imperial Storm Trooper
[Reply]
Silver, PhD Reply:
May 15th, 2009 at 9:30 am
What I meant, if you will be investing in new tech, make sure you have a fat bank account and many compadres to help you invest…
Sa aking palagay, hindi practical sa common na tao ang mag-invest ng new tech if the products change so fast – every 6 months.
Silver, PhD´s last blog post..The Pirate and the Imperial Storm Trooper
[Reply]
reynz Reply:
May 15th, 2009 at 12:16 pm
It’s never wrong to demand the best esp …. wag ko na lang sabihin hahaha
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
Ang galing talaga ni Reyz. Walang pretensions pero malinaw mag-explain. Di tulad ng bersyon sa kabila, may pa-graph graph pa, di ko pa rin makuha.
May MBA ba sya kamo?
[Reply]
reynz Reply:
May 15th, 2009 at 12:19 pm
hey danny! she has an MBA, andun nakabalandra sa WikiPilipinas, link sent to me by my readers. pag ganun ang nakikita ko, i expect quality entries which i think is fair. right? misleading ang ginawa nya and pano kung there are readers who are not able to “DISCERN” kung sino yong writer?
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
darbs Reply:
May 15th, 2009 at 8:29 pm
ang mangyari di maniwala na lang dahil MBA. ganoon ba yon?
darbs´s last blog post..Unemployment life line made in the U.S.A
[Reply]
gabbyd wrote:
The glitch in the comment system made me post twice. anyway, i am going to respond to your question.
Even i would raise an eyebrow not only one but two when one presents a copy/pasted processed data and graphs showing the respondent’s perceptions about the economy and yet you come up with a recommendation of investing in not only micro-enterpirse but a large scale industry. Oh am I repeating myself.
it is a cycle. consumers perceived that the economy is bad because of lack of job security so they spend less for non-essentials—businesss affected cut down on production and inventories–causing further unemployment—government tax collections decrease.
in this situation, the solution does not come from the consumers or from the businesses…the solution comes from the government.
it is not the buying of the philippine made products. what will you buy if production stops?
there is a principle in economics which is called pump-priming. Government action is taken to stimulate the economy, as spending money in the commercial sector, cutting taxes, or reducing interest rates.
in the US where recession is really bad, stimulus packages are being offered by the government to different industries for their rehabilitation purposes.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
GabbyD Reply:
May 15th, 2009 at 9:03 am
yeah, i think its OK to disagree with her recommendations.
its OK/great to say why we disagree.
as long as we don’t attribute things that she didn’t actually say. yun lang naman ang sa akin.
[Reply]
reynz Reply:
May 15th, 2009 at 12:40 pm
Ayan ka na naman GabbyD.
Sa boung entry nya, she’s talking like a financial advisor using Consumer Confidence as her basis. Here in the US, matindi ang rules in this area. Kelangan me lisensya ka, else mag-lagay ka nang disclaimer. I know dinaan nya in question, pasimple ba, dahil she’s not really sure and pilit na entry ang ginawa.
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
“it is not the buying of the philippine made products. what will you buy if production stops? ”
korek ka dyan mam cat, at gaya ng sinabi nyang fashion?or fashion industry?where?most garments in philli whether its imported brang or even local brand are being made outside philli?how can you figure out whether the garment are done locally or outside?
im in a fashion, garment,rtw, ek ek business so i know most of the local brand in philli made from china,vietnam,cambodia but they will never mention its made where like im doing europe but they dont want to put in carelabel made in china so the people have no idea whether its done outside or in europe but obviously its done in asia.
tangkilikin ang sariling atin, anu anu pa ba ang sariling atin?
may pakelam ba yung ibang mga kababayan natin?ay bilhin natin tong sariling atin kahit mas doble o triple ang price, ganun ba ang mentality ng tao?
ay naku mahilig ako sa bargain,buy 1 take 1 at discounted items kung san ako makakamura ganun na ngayon (pwera lang ukay-ukay diko talaga mate-teyk bumili o gamitin).
lee´s last blog post..710… errrr…OIL
[Reply]
Ano Reynz? hahaha Kailangan ako mag research. Absent ata ako sa klase mo nung diniskas mo yan LOl
bluep´s last blog post..From The Cat: Tales of Two Miracles
[Reply]
exodians Reply:
May 15th, 2009 at 12:39 pm
hello there bluep, ang hirap nga ng subject na ito kahit fundamentals of economics lang sya kaya nangungudigo na lang. ang promise kasi simple lang daw dahil nakabase pa rin daw sa law of supply and demand. pero ang totoo ang prinsipyo nito ay nakabasi sa teyolohiya ni St. Thomas Aquinas na “cause and effect” sample po ..So As prices increase — yan po ang cause then sa effect po ang mangyari, the purchasing power of the consumer’s pesos declines. See? pero wag kang maniwala dahil F nga ang grade ko sa fundamental kay heto hanggang minimum wage lang ang nakuhang trabaho sa states. hehehe. God bless brother!
exodians´s last blog post..Unemployment life line made in the U.S.A
[Reply]
[Reply]
GabbyD Reply:
May 15th, 2009 at 9:53 am
ah, yun ang ginamit nila? cool. the key idea is that random sampling with groups that are different is that u need a big sample to get those desired statistical properties. If you can identify strata, you can randomly sample within the strata to get those properties with a much smaller sample size.
[Reply]
Leche, dapat sa inyo na lang ako nagtake ng Economics! Mas magaling pa ang pagkakaexplika ninyo kesa sa guro ko noon. Grr…
Sa akin lang, pag di mo gamay ang topic, WAG MAGDUNONG-DUNUNGAN.
yun lang.
Hehe…
Silver, PhD´s last blog post..The Pirate and the Imperial Storm Trooper
[Reply]
lee Reply:
May 15th, 2009 at 9:47 am
tumpak, kaya nga copy and paste nalang ako
pag may palpak my excuse ako hahaha
[Reply]
Silver, PhD Reply:
May 15th, 2009 at 10:25 am
Luka…at least naman ang iyo e talagang compilation ng mga jokes na umiikot sa internet noh.
Hahahha….
Silver, PhD´s last blog post..The Pirate and the Imperial Storm Trooper
[Reply]
pmonchet Reply:
May 15th, 2009 at 11:52 am
Ayos ka talaga Mam Lee!
pmonchet´s last blog post..Wi-FI testing at The Block,SM North EDSA
[Reply]
darbs Reply:
May 15th, 2009 at 8:36 pm
@silver,phd. sa totoo lang parang
when I took courses here para
bang napakadali. may tutor ka pa
kung nahihirapan. pero sa atin noon
para bang mahirap na
pinapahirapan pa. just a feeling baka
talagang bobo lang talaga ako. hehehe.
darbs´s last blog post..Unemployment life line made in the U.S.A
[Reply]
The CCI index is merely an average of a yes or no question.
ganito yon, tatanungin ang respondent ng, ano sa palagay mo biruin bang recession.
ito namang tinanong, hindi alam kung kailan talaga may recession o anong index talaga ang ginagamit ay asagot ng OO, dahil narinig niya sa radyo, nabasa niya sa diyaryo at sabi ng taxi driver mayroon daw recession, sabi ng opposition, mayroon daw recession. So check niya yong YES.
But do these people really understand what recession is?
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
reynz Reply:
May 15th, 2009 at 12:43 pm
Hmpt! If I know, marami din dyan sa Batasan ang hindi marunong magbasa nang mga economic indicators hahahahaha Puro lang pretend gaya nang mga ibang bloggers dyan hahaha
You’re right about CCI, survey lang sya, at ang mga sagot is only YES, NO, NEUTRAL at walang 1 + 1, whereas ang CPI, totong pera. Hahahaha!
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
lee, someone should educate her about garments or fashion industry. most of our productions go to export to meet the quota. these products are not sold in the local market because they are produced under different lables. kagaya ng Lacoste.
Ang ating mga damit ay tama ka galing sa china, indonesia at cambodia. minsan ito ay dumadaan sa backdoor at napupunta sa mga malls at humahalo sa mga produktong legitimate. Mas mur kasi sila dahil sa volume ngp production.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
reynz Reply:
May 15th, 2009 at 12:44 pm
di ba open secret to? den again ang basis ko lang is mga kwento hehehe
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
I simply walk away when my unsolicited advice is ignored. now many of the writers are leaving simply because the quality of articles are no longer worth reading.
comments of decent posters are the ones moderated. I simply hate asking for my comments to be published.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
reynz Reply:
May 15th, 2009 at 12:37 pm
Cat,
I was just reading another GOODBYE entry, sent by my avid reader and reading it was funny dahil HE IS SINGING REYNA’S MUSIC hahahaha!
Even RENATA FACIFICA is truly my BFF! he too is singing REYNA’S MUSIC! I just read his latest comment dun sa Consumer Confidence! And inferness, mukhang me alam to si Renata hahahaha
this is great to hear! kunyari lang na ina-away nang inaaway ako yun pala mga BFF hehehe
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
i mean when you group the respondents according to demographic variables or different categories, that is stratified sampling.
dito yata baka random sampling ang ginawa.
kaya nga dapat pag nagpipresent ka ng result ng survey, dapat inililagay ang methodology which include the sample size, how were the respondents selected and the stats used in processing the data.
The Ca t´s last blog post..It is a duel between Adam Lambert and Kris Allen in American Idol in the next week’s finale
[Reply]
GabbyD Reply:
May 15th, 2009 at 10:36 am
nah, i think ur right. stratified random sampling would be the cheaper alternative.
yes, putting this info would be helpful.
although i would give nielsen the benefit of the doubt.
thats why i’m not bothering to look up the exact techniques.
[Reply]
LECHE! blog ko pa ba to?! hahahahaha!! kagigizing ko lang, binangungut ako nung nakita ko blog ko! hahaha
Ok lang Cat!
reynz´s last blog post..FV’s dysfunctional blogging at its finest
[Reply]
exodians Reply:
May 15th, 2009 at 12:49 pm
good morning pala kamahalan. nag-nonosebleed na ako ngayon dito. o ano naka breakfast ka na ba? mag-ihop na lang kaya tayo wala kasing Cracker Barrel dito sa bandang amin. morning na sir!
exodians´s last blog post..Unemployment life line made in the U.S.A
[Reply]
Nasa huli talaga ang pag sisisi.Hindi ako nakinig sa teacher ko dati sa Home economics. Basta ang sabi ng Nanay ko, nung araw daw P4.00 lang minimum. Ang sarsa Parella P.05 lang may free pa daw sa tansan nakikita. Nung naging matalino ang Presidente, tumaas ang minimum pati mga presyo tumaas.
pmonchet´s last blog post..Wi-FI testing at The Block,SM North EDSA
[Reply]
Silver, PhD Reply:
May 15th, 2009 at 12:23 pm
Pmonchet,
Dont worry, may sarsa sa kanin na 5.00 lang…
No more lonely rice….hehehe…
Silver, PhD´s last blog post..The Pirate and the Imperial Storm Trooper
[Reply]
exodians Reply:
May 15th, 2009 at 12:28 pm
naalala ko pala ang home economics sabay na ata dito ung taxation at land reform na sa real world pag gamitin na un ang gulo pala.
exodians´s last blog post..Unemployment life line made in the U.S.A
[Reply]
Woo! ang galing naman ng explanation. fundamentals of economics ba? Sino ba ang author…Boyles Melvin. nakatulog kasi ako nito ung mag-explain si apong Greenspan. anyway, basta ang naalala ko parang page 172 – 173 chapter 10 Macroeconomic at part II/The National and Global Economies. Sa test po include nyo ba ang GDPPI, CPI and PPI na graphs? para makita ung equilibrium na kung ano anong flactuations especially po pag tinanong kung bakit nakayuko ung mga biik dahil nga hindi lang equilibrium prices at kung ano anong variables ang may kagagawan sa measurement kundi nahihiya ang mga biik na baboy ang nanay nila. hahaha! Joke lang po. hindi wasay ang grade ko ang totoo po F ang grade ko po.
exodians´s last blog post..Unemployment life line made in the U.S.A
[Reply]
Wow! Very thorough discussion! Galing mo pala! But I’ve never been good in economics (is this economics?) so my eyes started to glaze na when I reached the last sentence ata of the first paragraph. Which is weird because my degree is in business… But you’re super galing ha!
Dee´s last blog post..My Bible And A Couple Of Rants
[Reply]
exodians Reply:
May 15th, 2009 at 1:15 pm
@dee seconded po ung motion mo. pero ung explanation ni kamahalan concise at clear na clear.
exodians´s last blog post..Unemployment life line made in the U.S.A
[Reply]
Dee Reply:
May 16th, 2009 at 12:26 am
Oh, hi there exodians. Thanks for your reply. What I was said was my eyes started to glaze because I’ve never been good in economics in the first place, NOT because ms. reyna’s explanation wasn’t concise and clear. It was in fact clear and concise.
Dee´s last blog post..My Bible And A Couple Of Rants
[Reply]
exodians Reply:
May 16th, 2009 at 12:32 am
thank u sa paunawa. got your point po mam. actually, we are in the same page. nakipagsosyalan lang. but since u made your point clear – obvious – and concise very helpful po kung sakali mang ma misconstrued ang reply ko. salamat. cool!
exodians´s last blog post..Xmen 2009: Wolverine’s recipe veggies fish and shrimp
The lesson of the story is : If you don’t know what you are talking about, just shut up!
Thanks for this discussion reynz, cath and all who commented in this post. I’ve learned a lot. Natutulog kasi ako sa Home Economics este Econonomics subject noon. Lol
Reesie´s last blog post..Goodbye My Darling
[Reply]
exodians Reply:
May 15th, 2009 at 2:52 pm
“The lesson of the story is : If you don’t know what you are talking about, just shut up!”
exactly. tamimi na lang.
exodians´s last blog post..Unemployment life line made in the U.S.A
[Reply]
Johnonymous Reply:
May 15th, 2009 at 4:37 pm
Noong Home Economics class… nag may I go out ako kasi hindi matiis ang nagrerebolusyon kong tiyan…
Kaya takbo ako sa may aratiles… Eh, nakita ako ni Lee kasi bibili sila ng toyo ni Silver… sinutsutan ako…
Tapos, nilapitan ako ng pulis kasi may namatay malapit sa akin… ayun di na ako nakabalik ng class…
Kaya huli ako sa economics… got the history? hahahaha!!!!
[Reply]
Reesie Reply:
May 15th, 2009 at 4:58 pm
bwahaha, ano ba john.. ikaw pala yung nahuli ng pulis kasi ninakaw mo ang toyo at suka ni Silver at Lee? na headline kaya yun.
completely, OT din.
Reesie´s last blog post..Goodbye My Darling
[Reply]
darbs Reply:
May 15th, 2009 at 6:31 pm
Sagot sa completely OT:
Pati ba naman toyo at suka ninanakaw na? Let us make it more interesting kung ninanakaw ang tuyo at suka, ano na lang kay kung ang kaban nang bayan ay nakatiwangwang at andaming laman na tuyo at suka na may tatak na $$ o pesos milyones pa man din. Ok this is OTs of all the Ots na. I’d rather go back to the tuyo at suka ni Silver at Lee.
darbs´s last blog post..Unemployment life line made in the U.S.A
Invest in gold. Maghukay, mag spectator, mag-langgoy sa ilog, para maghanap ng ginto.
Mahalia´s last blog post..Web Hosting Dilemna Solved
[Reply]
exodians Reply:
May 15th, 2009 at 11:43 pm
Maghukay ng ginto: ang maghukay nang ginto ay di biro. Ito po ay napagmasdan sa Mt. Diwalwal parting Davao, Mindanao. Hinukay ang lupa minsay sa ginintuang lupay buhay ay inalay. Kung swertihin aasenso din ngunit dahil ginto hindi sila hihinto hanggang maabot ang kailalim laliman.
exodians´s last blog post..Xmen 2009: Wolverine’s recipe veggies fish and shrimp
[Reply]
Silver, PhD Reply:
May 16th, 2009 at 11:36 am
E parang nagpapatayan na ata sila sa Mt. Diwalwal ah…at the same time ang lupa e rumurupok na dun dahil sa mining…
maraming pang gold mining sites sa pinas…yung iba e untapped.
Silver, PhD´s last blog post..Super Thank You!
[Reply]
Mahalia Reply:
May 16th, 2009 at 2:22 pm
Tama na lang ako sa gold plated 2.99 sa Divisoriang ginto. Hirap palang magmina.
Rosa Reply:
May 16th, 2009 at 7:17 pm
There are numerous prospective mineral resources in the Phil. but the problem is bureaucracy. I have a friend who used to be a partner in one mining firm but walked away because of endless negotialtions where the agreeements even if signed were being changed everyday due to growing demands from everybody. Too bad, he has now invested in Vietnam. I was trying to entice him to go back since I have heard of some prospects and we know we can raise the capital here in Canada but he has soured on Phil. so I ended up investing in Vietnam as well.
i think we’ve reached an interesting point in our disagreement.
you said “Keywords” is enough. why? Because she basically discusses CC for most of it. therefore, the two MUST be related, even if she herself doesn’t spell it out. (i think this is accurate representation of what you said)
in my view, she basically changes her focus within the blog post. they are not related because she didn’t spell it out. she didn’t even hint they are related.
which position is more reasonable? i’m attempting to argue that mine is (ipasantabi muna ang humility : )) i’ll give an example later in a second comment.
in addition, i’m going to argue that its the OPPOSITE of what you say she did: she says do something (save) DESPITE what these indicators say.
she wrote we should invest in specific businesses regardless of what the conditions are. here she isn’t hinting/insinuating — she’s saying it directly.
this is something you can criticize. some commenters already have. i have nothing against criticisms of this kind (at least not yet!).
also, to clarify what i said, i said she was “sharing” what she did for herself, as well as sharing the neilsen data.
you also said she gave financial advice regarding the CC. but u are changing your claim.
i thought you said she “insinuated” financial advice, regarding the CC. she definitely didn’t spell out that she was giving financial advice. because to “give advice”, you need to actually say “this is the advice i’m giving (insert advice here), and that its related to CC because…”
[Reply]
Reyna Elena Reply:
May 16th, 2009 at 3:11 am
Just refer to my previous comments GabbyD.
No matter how much you change your statement, still, the article was badly written, and it was giving readers a very bad impression to make certain investment decisions using consumer confidence which is wrong.
Nothing has changed with my opinion.
Not even a lengthy story.
[Reply]
GabbyD Reply:
May 16th, 2009 at 4:39 am
huh? i changed my argument? its always been the same reyna.
i’ve used the same arguments since the start…
1) she didn’t insinuate this advice you say she says
2) she advocates the opposite of what you say… from an earlier comment (yesterday)
“GabbyD Reply:
May 15th, 2009 at 7:24 am
ah, but that is the last sentence of a paragraph that is different from the first part of the paragraph…. (i’ve conceded that her post would benefit greatly from some editing. : ) )
the second part reads: ” Across the years, Filipinos have shown their resiliency and tendency to save NO MATTER [my emphasis here] the economic situation. It is good to maintain a balance of saving and spending but our economy will thrive if the consumer is also willing to spend. Perhaps, it is time …” ”
well, i’m sorry we can’t talk about the issues directly.
also, note that i have also conceded that the writing can be greatly improved.
but its one thing to say the writing sucks. its totally another to attribute something to her that she didn’t do…
thanks! i do appreciate everything else you wrote tho…
[Reply]
reynz Reply:
May 16th, 2009 at 4:50 am
i don’t think i meant you changed your argument, what you’re doing is playing english language construction with me hahahaha
it’s aint’ gonna work. ganito pa rin ang tabla ko:
1.) Investing is generally long term so CPI typically ang basis
2.) To use consumer confidence as a ruler sa mga investing decisions is misinformed lalo na pag me MBA yong tao
3.) sabi mo – she just presented – the dapat explain lang yong presentation and link and all that
4.) issue not discussed which was important was yong OFW families/non-ofw families
Conclusion:
It’s a trying hard entry that needs a lot of rework.
reynz´s last blog post..Boylets at work: reyna elena dot com will soon evolve
GabbyD Reply:
May 19th, 2009 at 2:55 am
i agree with 1 and 2 as general ideas.
however, i think we need to look at the source material, whether she indeed said 1 and 2. if you read it, she never said ” everybody! please invest using the CCI as your guide”
so i guess on this we can agree, right?
next question: did she insinuate such?
this is where it gets interesting. what is the minimum one has to write in order to insinuate something. definitely, she doesn’t have to directly mention it. (hence insinuate)
she at least has to hint. she has to say somethng like : see the nielsen data… look at what they are doing… if they are doing it must be right and we should take their lead.” or something…
it is NOT enough that merely putting 2 different ideas in the same blog post implies insinuation. just coz she mentioned saving and CII in the same post, doesnt make insinuation. to make insinuation, there has to be an explicit link.
let me give an example:
”
Reyna Elena Reply:
May 16th, 2009 at 3:11 am
No matter how much you change your statement, still, the article was badly written, and it was giving readers a very bad impression to make certain investment decisions using consumer confidence which is wrong.”
here you are insinuating that no matter what i write, you will maintain ur earlier position. there is an explicit link “no matter how much you change…” that tells me something indirectly (i.e. you never tell me directly about ur position).
going back to momblogger: its certainly poor writing — of this we can agree.
but that doesn’t mean she insinuated.
reynz Reply:
May 19th, 2009 at 3:28 am
Opening the paragraph on retirements? Then going into CCI? Then encouraging consumers to open microenterprises?
Ano pa ba ang dapat tagalugin sa sinabi nya? This does not just sounds financial advice!
This is not just insinuation GabbyD, It is financial advice on based on consumer confidence!
It’s not just poor writing! It’s poor judgement even asking people to invest using CCI
I think you’re the one who’s not getting it right!
reynz´s last blog post..Please welcome, BARRIO SIETE.
here is the example i promised. lets change the topic of the piece, instead of saving and CC, lets say…
1) i really like looking at the sky. i’ve been walking in the hills for a long time, staring at the sky.
2) what is the weather report saying about the sky. well, its been shining for the past few days, and alot more people are out looking at the sky, coz its so nice out.
[insert tables showing average rainfall, number of people visiting parks, etc]
3) in fact, i’d recommend that NO MATTER what the weather report says, we should all spend more time outside, looking at the sky.
4) in the next 6 months, i will continue to look at the sky, coz its so beautiful.
in your view, after reading this essay, you will say:
ah! ano ba ito! she is saying that we should look at the weather report to determine whether we should spend more time outdoors? but the past weather conditions aren’t good at predicting the future! and just because people like walking around, does that mean everyone would like to?! anong bang essay yan!
but never was she suggesting that. she was just telling a story about her sky-staring ways, and noticing that other people do that too.
just because bullet number (2) is there does NOT mean she’s advocating some kind of weather report rule-of thumb of walking around the park.
in fact, she’s advocating we should spend more time outdoors whatever the weather, or whatever other people do.
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Reyna Elena Reply:
May 16th, 2009 at 3:08 am
NO SHE’S NOT. She’s giving a financial advice based on consumer confidence. See previous REYNA’s commens.
[Reply]
Silver, PhD Reply:
May 16th, 2009 at 8:37 pm
ngak! 2 ang reyna elena?!?!?
Silver, PhD´s last blog post..Random Find: Spiderman Chest Tattoo
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reynz Reply:
May 17th, 2009 at 1:35 am
HAHAHAHA! me twins ako?! hahaha!
reynz´s last blog post..Boylets at work: reyna elena dot com will soon evolve
GabbyD Reply:
May 19th, 2009 at 2:44 am
@reyna
hindi pala ikaw itong sumagot?
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kaya nga gusto ko mag-MBA para maka relate naman ako hahhhaaaaaahhhahaha….
nina´s last blog post..Quotes by Bob Ong
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bloggista Reply:
May 16th, 2009 at 7:47 pm
Ako naman nag quit na ako dahil gumulo buhay ko. LOL. Nose bleed ako. Ang alam ko:
CPI = cardio pulmonary interruptos?
CCI = nasa huli?
Hehe. Sensya na kamahalan, wala pang tulog kaya umandar pag ka korni. Teka, mag blog muna ako. Haha.
bloggista´s last blog post..10 Reasons Why Companies Should Seriously Consider SaaS Software Now
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Galing galing naman ni Reynz!
Here’s my take:
Consumer Confidence Index (CCI) measures the demand of the products in the market. A high consumer confidence index means that the demand of products increases, meaning there are a lot of buyers in the market. This is good for businesses to boom and to expand. If there is a demand, it means more production and definitely higher employment for unemployed individuals.
The US government is spending trillions of money for the bail out plan to “pump prime” the economy. They are giving tax rebates to citizens for them to use it in consumption so as to enhance the consumer confidence and bring back the economy of US to its “normal” days.
Consumer Price Index (CPI) measures the movement of prices of different commodities. It is used to measure the inflation rate of an economy. A higher inflation may mean less purchasing power for the local currency. There should be a balance between supply and demand.
CCI and CPI are both used in determining the decision of the FED to adjust its rates to balance the economy.
Millionaire Acts´s last blog post..Get what you want from credit card companies
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Get we get more financial posts in this vein from you, Reynz? Loved it! Better than most financial columns in Manila newspapers. I personally would like M O R E !
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Oopsy! Comes from not reviewing before hitting the send button. I meant “Can we get more of the same from you, Reynz?” That’s the way to do it! Instructive, entertaining, and walang yabang! You should offer online financial tutorials! Or do you already?
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