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Jun 23, 2019

Ten Rules To Live By Roger Federer

Roger Federer born 8 August 1981 is a Swiss professional tennis player who is currently ranked world No. 3 in men's singles tennis by the Association of Tennis Professionals (ATP).[3] He has won 20 Grand Slam singles titles—the most in history for a male player—and has held the world No. 1 spot in the ATP rankings for a record total of 310 weeks, including a record 237 consecutive weeks. After turning professional in 1998, he was continuously ranked in the top ten from October 2002 to November 2016. He re-entered the top ten following his victory at the 2017 Australian Open.

This is his 10 Rules To Live By:

1. Fear No One

"I fear no one, but respect everyone"

2. Embrace the Grind

"There's no way around hardwork. Embrace it."

3. Confidence is Key

"A man who wins is a man who thinks we can."

4. Never Give Up

"You have to put in a lot of sacrifice and effort for sometimes little reward but you have to know that if you put in the right effort the reward will come."

5. Back Yourself

"Stay in the moment and trust your game and your strength that you can turn it around."

6. Think Positive

"I'm a very positive thinker, and I think that is what helps me the most in difficult moments."

7. Master your craft

"When you're good at something, make that everything."

8. Set Goals

"You have to believe in the long term plan you have but you need the short term goals to motivate and inspire you."

9. Find A Way

"I always believe if you're stuck in a hole and maybe things aren't going well you will come out stronger. Everything in life is this way."

10. Find Your Harmony

"Once you find that peace, that place of peace and quiet, harmony and confidence, that's when you start playing your best."

Jun 19, 2019

Libra: A simple global currency and financial infrastructure that empowers billions of people.

Libra is for the world: A stable global cryptocurrency built on a secure network.

What is Libra?
Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology. People will be able to send, receive, spend, and secure their money, enabling a more inclusive global financial system.

What is it's unit currency?
The unit of currency is called Libra. The aim is to make Libra as widely accepted and as easy to use as possible to create a currency that people can use with confidence and convenience in their everyday lives.

Is Libra backed by an assets?
Unlike the majority of cryptocurrencies, Libra is fully backed by a reserve of real assets. A basket of currencies and assets will be held in the Libra Reserve for every Libra that is created, building trust in its intrinsic value.

How Libra Blockchain operates?
The Libra Blockchain is operated by a network of validator nodes. The evolution of the blockchain will be overseen by the Founding Members of the Libra Association, and each member will be responsible for running a validator node. As the network grows and becomes more self-sustaining, the Libra Association will work to gradually transition to a permissionless mode of operation.

What is Libra Association?
The Libra Association is an independent, not-for-profit membership organization, headquartered in Geneva, Switzerland. The Libra Association is made up of a group of diverse organizations from around the world. The Founding Members of the association each run one of the validator nodes that form the network that operates the Libra Blockchain. One of the association's directives will be to work with the community to research and implement the transition to a permissionless network over time.

Who are the Founding Members of Libra Association?
This initial group of organizations will work together to finalize the Libra Association's charter and will become the association's Founding Members upon its completion.

Jun 15, 2019

Jun 14, 2019

Modified Savings Pag-IBIG 2 (MP2)

1. What is Pag-IBIG Fund MP2 Savings Program? 
The MP2 Savings Program is a voluntary savings program for members who wish to save more and earn higher dividends than the regular Pag-IBIG Savings Program. 

2. Who can save under the Program? 
• Active Pag-IBIG Fund Members; and 
• Former Pag-IBIG Fund Members with source of monthly income and/or Pensioners, regardless of age, with at least an equivalent of 24 monthly savings. 

3. Is there a minimum amount to what I can save under the MP2? 
Yes. The minimum MP2 savings is PhP500. 

4. Is there a limit to how much I can save? 
There is no limit. You can save as much as you want under the MP2 Savings Program. In the event that you wish to save an amount exceeding PhP500,000, you would have to remit the amount via personal or manager’s check.

5. How do I save under MP2 Savings Program? 
You may regularly save a minimum amount of PhP500 in your MP2 Savings. You may also opt for a one-time savings. 

6. How much dividends will my savings earn? 
Your MP2 Savings shall earn dividends at a higher rate than that of the regular Pag-IBIG Savings Program. The dividends you shall earn are tax-free. 

Your dividends are derived from no less than 70% of the Pag-IBIG Fund’s annual net income. 

Our 3-year average MP2 Dividend Rate is at 6.96%. Last year, the MP2 Dividend Rate was 8.11% - its highest ever. Kindly refer to the table in this brochure for indicative MP2 Dividends that your MP2 Savings may earn. 

7. When can I receive my MP2 Dividends? 
You can choose to receive your MP2 Dividends through any of the following options: 

• Upon its 5-year maturity, with your MP2 Dividends compounded; or 
• Annually, with your MP2 Dividends credited to your savings or checking account with Land Bank of the Philippines (LBP), Development Bank of the Philippines (DBP) or other banks that the Pag-IBIG Fund may accredit in the future. For members who opt for annual dividend pay-out but have no Philippine bank account, especially in the case of overseas members, MP2 Dividends shall be released via check payable to the MP2 Saver. 

8. Can I re-apply for a new MP2 Savings once my MP2 Savings matures? 
Yes. Once your MP2 Savings reaches its 5-year maturity, you may re-apply for a new Pag-IBIG MP2 Savings Account. 

Members may claim their MP2 Savings anytime upon its maturity. If unclaimed, your MP2 Savings shall continue to earn dividends based on the regular Pag-IBIG Savings Program’s (P1) rates for two more years. After which, it shall be treated as an accounts payable and shall no longer earn dividends. 

9. Am I allowed to have more than one (1) MP2 Savings Account? 
Yes. You can open multiple MP2 Savings Accounts should you desire.

10. Are Pag-IBIG MP2 Savings guaranteed? 
Yes, your MP2 Savings are government-guaranteed.

11. Where does Pag-IBIG invest my money? 
The Fund invests at least 70% of its investible funds in housing finance, as required by our Charter. The Fund also utilizes its funds for its Short Term Loan (STL) Programs, and also invests in government securities, time deposits and corporate bonds.

12. Can my MP2 Savings be withdrawn prior to its 5-year maturity? 
The MP2 Savings can be withdrawn prior to maturity under any of the following circumstances:

• Total disability or insanity
• Separation from service by reason of health
• Death of the member or of any of his/her immediate family member
• Retirement (except when the MP2 Saver is already a retiree)
• Permanent departure from the country
• Distressed member due to unemployment limited to layoff and/or closure of company
• Critical illness of the member or any of his immediate family member, as certified by a licensed physician, subject to the approval of Pag-IBIG Fund
• Repatriation of an Overseas Filipino Worker (OFW) member from host country
• Other meritorious grounds as may be approved by the Pag-IBIG Fund

13. Am I allowed to pre-terminate and withdraw my MP2 Savings prior to its 5-year maturity? 
How much will I receive? Yes, a member may pre-terminate and withdraw his/her MP2 Savings.
A member who opts for compounding of MP2 Dividends and later decides to pre-terminate his/her MP2 Savings for reasons other than the circumstances stated above, shall only be entitled to 50% of the total dividends earned. A member who opts for annual MP2 Dividend payout and later pre-terminates his/her MP2 Savings for reasons other than those stated above shall only receive his/her total savings.

14. How can one enroll in the Pag-IBIG MP2 Savings? 
Simply submit your duly accomplished MP2 Savings Application form at your nearest Pag-IBIG Fund Branch, along with the following:

• Valid Identification Card
• Passbook or ATM Card of your nominated bank account You may download the MP2 Savings Application form via http://www.pagibigfund.gov.ph/dlforms.aspx

15. How do I pay my Pag-IBIG MP2 Savings? 
• Salary deduction, for those employed
• Over-the-Counter, in any Pag-IBIG Fund Branch nearest you
• Accredited collection partners. Visit www.pagibigfund.gov.ph/payments/paymentfacilities.html to know our growing list of collection partners.

16. See below how your MP2 Savings may grow! 

MP2 Savings of Php500 per month

MP2 Savings of Php1,000 per month

One-Time MP2 Savings of Php1,000,000.00 [One Million Pesos]

MP2 Terms and Conditions:
1. The Modified Pag-IBIG II membership is open to all Pag-IBIG I members only.
2. Membership under this program shall be solely a savings scheme.
3. Membership Term under this program shall be 5 years reckoned from date of initial payment of contributions under this program.
4. The member shall be entitled to annual dividends to be credited to his account in accordance with HDMF policies.
5. The member shall be entitled to receive his total savings (TAV) upon maturity.
6. Upon maturity, a member may opt to renew his/her Modified Pag-IBIG II membership for another five (5) years.
7. Unless withdrawn or renewed at maturity, the member shall be entitled to dividend rates subject to the Fund's existing policies.
8. The member shall promptly notify HDMF in writing of any change in address and civil status and personally fill-out Change of information form.

ENROLL FOR A MP2 ACCOUNT: https://www.pagibigfundservices.com/MP2Enrollment/default1.aspx

Jun 13, 2019

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