What can 1000 pesos buy in the Philippines?
I'm curious, what kind of purchasing power does 1000 pesos hold in the Philippines? Can it fetch a decent meal for a family of four, or is it more suited for smaller, daily expenses? Are there any popular or essential items that can be easily purchased with this amount, or is it more of a supplemental income for larger purchases? Understanding the value of 1000 pesos in the local context would be incredibly insightful.
Can I buy stocks with buying power?
Excuse me, I was wondering if I could clarify something regarding buying power and stock purchases. I understand that buying power is a term used in finance, especially in the context of margin trading, but I'm not entirely sure if it can be applied to buying stocks directly. Is it possible to use buying power to acquire shares in a company, or is buying power reserved solely for other types of transactions? I'd appreciate any clarification you could provide on this matter.