Hi Mark,
Text me at 0917-6299874. i will explain different types of insurances and the difference of each. I am working part time as Financial Broker/Dealer in International Marketing Group (IMG) and with IMG i've learned a lot about insurance.
thanks, Pelits
@ richdad187: do you have bad experiences with banks or insurance companiesjust wondering...
Anyways, comment lang ko gamay sa imong advice... Comment ra man... hehe
1. Dili wise to invest tanan nimong money sa business... WhyKay dili man gud ta maka-sulti kung unsay dagan sa panahon... Nindot lagi kung mamilyonaryo ta sa personal efforts nato sa atong gamay nga puhunan pero what if dili nindot dagan sa hangin
Diha musod ang insurance...
Para sa mga what if sa mga kinabuhi...
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2. Dili tanang taw kay makahandle sa pressure of handling a business. As for you, I think makahandle ra ka. Good for you! I congratulate you for having the stamina and knowledge on how to handle a business. Therefore, you are an active entrepreneur. But what about those people who don't have the drive to learn how to handle a business but still want to invest their moneyThen they can be "passive" entrepreneurs. Still investing their money but they let other people manage it and what they get is, hopefully, fruits of their investments, good fruits, that is. Not bad fruits... Hehe (Note: That's why you have to be keen on where you invest your money...)
3. Banks are not so bad... I mean for safe keeping of one's money... Mao ra na ang nindot nga purpose nila. You are correct thou nga walay nadato anang mag-save ra sa bank... WhyKay dili man sila ka-apas sa inflation rate... So, ang dapat ra nimo i-keep sa bank kay ang imng emergency fund. That is 6x of your monthly expenses/income. (i.e. monthly expense is P10,000. therefore your money in the bank should only be P60,000.) If you have more money in the bank than the intended emergency fund, then you're not giving your money the full potential to work for you. And if you don't keep money pud in the bank coz you've invested everything into the business, what will you do in case of emergency
Get money from your business to answer for the emergency
Then that will spell disaster for your business sooner or later... Ang funds para sa business kay sa business ra jud na... Dili for personal purposes...
4. Ang akong take is to diversify what you have no matter how little. Mag-negosyo ginagmay sa kilid2x. Mag protect sa imong kaugalingon in case of uncertainties and mag save pud sa bank para emergencies... So do everything in moderate. Dili pa-sobra-an ang kwarta sa banko, dili pud pa-sobra-an ug insure sa kaugalingon nya dili pud ihurot ang kwarta sa negosyo... Everything in moderation. Too much of everything is bad naman pud...
Mao ra to...![]()
just want to share my thoughts here....
i got insurance from Sunlife...will mature in 2010...3 years to pay, 5 years to mature....this year is the last year for me to pay...2 years to wait a i got something to venture for business or continue investing it to them....just small amount!!!
i also bought raw lands somewhere....then re-sell it by 2010....fully paid na gihapon last year...transferred under my name 2 months ago...
lesson...while young and able...invest!!!
i recommend raw lands...and insurances!!!
we might not have that much cash to date (just leave something for emergency purposes) but we will have it soon.....and what a peace of mind...knowing you have something for the rainy days![]()
I'm into Financial services business at International Marketing Group(IMG), I can coach you how to build a strong financial foundation. PM me and set an appointment or you can attend our Total Financial Solutions every TTHS 6:30 pm at Lahug Salinas Drive. I can recommend you many financial institutions you want , para walay bias.
OT: YTD of PhilEquity is 58.52% as of August 27, 2009. hehehe! Sure ko many became wealthy when they invest during the entrance of financial crises. Hmmmm! Financial Education ra jud ang solution bisan unsa imung business venture na sudlan.
Principle : "Every depression there is an opportunity". http://www.philequity.net/pefi.php?mode=Snapshot
try generali bro we have 100 percent guaranteed return of investment pag grad ur anak college.we will return ur money on top of the guaranteed money per semester that we will give 2 u.dats with educational plan.with regards to life insurance we have basic life coverage plus accident coverage.dreaded diseases and daily hospitalization income.pls contak me 09287796899 or 09272871338 for more info thnx
SUNLIFE=Educational insurance
ManuLife=Life Insurance..
It is nice to put your money into mutual funds for education, then buy only term insurance.
Mutual Funds = PhilEquity (You can withdraw your money anytime, very liquid)
Insurance = Cocolife (Buy Term Insurance since it is cheap and has big Coverage)
HMO = Kaiser (HSA even 60+ you still have health care)
Contact me 09212958858 for more info
Last edited by lorenzoleo; 10-25-2009 at 09:57 PM.
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