Evan Louise Madriñan

Is a Registered Nurse and a Passionate Finance Person. My mission is to pay forward, guide and help others, in terms of financial literacy. evan.madrinan@yahoo.com

My 2023 Year-End Portfolio Part 2

Elmads shared a comprehensive review of his 2023 year-end investment portfolio, detailing a 43% equity allocation that underperformed compared to major indices like the S&P 500. Holding investments in three financial brokerages, he discussed investment decisions in both local and international stocks, including challenges like managing capital gains tax and the inefficiency of frequent trading. Reflecting on both successful and underperforming stocks, he emphasized the importance of personal improvement and adapting investment strategies. Elmads highlighted the significance of loving the process and competing with oneself rather than others, maintaining a positive, forward-looking approach amidst the financial ups and downs.

By Evan Louise Madriñan, ago

My 2023 Year-End Portfolio

Elmads discusses the impact of revisiting old social media posts and financial data, highlighting how they trigger memories and emotions, and promote self-reflection. The post emphasizes the importance of documentation in personal growth and financial management. Elmads shares personal experiences with a self-developed finance tracker that aids in money management and setting future goals. He advocates for proper financial documentation, stating it helps to assess past decisions, manage finances better, and prepare for the future. Elmads encourages everyone to start documenting and tracking their financial journey for better financial health and fulfillment.

By Evan Louise Madriñan, ago

Smart Money Moves: How to Leverage Tax-Free Accounts for Financial Success in the UK

Elmads’ blog post discusses the importance of utilizing the UK’s tax-exempt Individual Savings Accounts (ISAs) to manage and save money effectively. It emphasizes earning enough to cover essential needs before saving and highlights various ISAs like Cash ISA, Lifetime ISA, and Stocks and Shares ISA suited for different financial goals across various timeframes. The post encourages strategic planning and understanding the specific benefits and rules of each ISA, advising on aligning financial activities with the UK’s annual ISA allowance of £20,000 to optimize financial outcomes.

By Evan Louise Madriñan, ago

Beyond the Score: The Business of Credit Ratings Explored

When deciding which friend to financially assist with $2,000, one might consider trustworthiness and financial behavior, similar to how a credit rating agency assesses a company or nation’s ability to repay debt. Credit rating agencies emerged in the 19th century to support investors in railway companies by evaluating the creditworthiness of business ventures. These agencies play a crucial role in today’s debt markets by providing ratings that influence lending decisions. Despite their importance, the industry has faced criticism and calls for regulatory reform, particularly after the 2008 financial crisis highlighted issues like conflicts of interest and the accuracy of ratings.

By Evan Louise Madriñan, ago