First Rule in investing - Do not lose the principal

Ad Majorem.....Wealth Builders

                           Awarding ceremonies today for the inter barangay BFP olympics    

One of the rules in investing is never lose the principal.

The first thing you do when invest is to invest in a house and insurance.

So if you have a house, you either invest in fire insurance or you invest in fire fighting equipment or fire protection.  While the fire insurance can help you recover, you only get back the fraction of the replacement cost of the building that was burned down.  The adjusted payment will be based on the depreciated cost of the building at the time it was built, and not on the current price.  So it makes sense that you keep your building/house intact. 

So these activities of the  BFP to increase their firefighting assets and establishing fire brigades and having competition during he fire prevention week makes sense.

So support your local BFP unit and the volunteer fire  brigade.

                               Getting ready for awarding ceremonies;  Juan time is late

                                 It rained before the celebration;  had it been earlier

                                BFP have a mascot too

                                     Pride in being  a volunteer fire brigade fighter

                                    The oldest fire fighting asset of the LGU

                                  Trophies galore for the winners

                   Barangays now have fire fighting assets; 20 years ago the municipality had none

                                   Barangays now have their own ambulances (from IRA?)