If you have 300K, mugawas ka or mag negosyo nalang?

[honey2723]

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@john2116: i totally agree with ncmknight. take the opportunity sa nimo diha sa dubai, assuming that you're still young and able... i am a finance educator / adviser myself and there are lot's of ways of letting your P300k work for you by being a passive entrepreneur - that's investing your money not in business but in different investment vehicles. your money is working for you without you going thru all the headaches of opening up a business. if you are interested, you can pm me for details or email me at hyamora@gmail.com ... i have several clients working there at dubai and they decided to invest their money with a certain investment vehicle that's giving them guaranteed anticipated payments at the end of their fourth year and every two years thereafter FOR LIFE... they only need to invest for several years (like 5 or 10 years) then mag-sige na ug panganak ilang money, guaranteed. so if your interested with a similar investment, just pm me or email me. thanks.

[darkcrux]

@john2116, learn to properly manage your money.. 300K... dako na kaayo na. Ask financial advisers and brokers on how to get your money to work for you as to what honey2723 is talking about. 300K if properly invested mo work na xa and give you about 1.2M in 12years or about 2M in 15 years or more. Mao ni secret sa mga Investors. And what's more.. imoha ranang 300K.. wala pa nay labot sa imo work or other businesses puhon... ask honey2723 or you can also contact me. I too am a financial adviser and broker. Daghan kaayo ug mga investment vehicles and just be open lang... we also have an office there in Dubai.. If interested ka.. try to visit them. I'll contact them for you. PM me or email me at dexter.genterone@ymail.com. Thanks. and hope naka help ko.

[ethzneuron]

@john2116;
iinvest na bro.. bisag 200K lang. kana uban imo na inegosyo or unsaon nimo.. apply baka balik diri! u will recieve up to 30K/qtr sa imo 200K.

wat u think?

[MeMing]

in terms of investing, be very careful... what some financial advisers here are saying sound very nice but they ALL HAVE RISKS as well. If you ask me, I'd rather lose my money my way and learn more from it rather than have someone else lose it and learning one thing only -- EVERYTHING HAS RISKS.

@ majinbo aka ethzneuron

nindota anang imong financial vehicle sir oiz... 60% return per annum?! holy sh*t! lolz! would you mind explaning the inherent risk for that investment plan so you can enlighten the thread starter?

please excuse me for being very skeptical with these kinds of investment vehicles... my father lost 800k to something like this before... regardless if all the people involved are in jail now, the damage has been done...

[darkcrux]

@MeMing.. thanks for raising the Risk concerns... and yes tinuod nga naay jd risk ang mga investment vehicles and mas dako ug yield mas dako ug risk... mao na dapat mag thread likely jd ka ani coz if not.. you'll lose money.. but what I am talking about is ang Mutual Funds.. which is if invested in long term and diversified.. the gain will outweigh the risks and certainly mo overcome sa inflation sad. Most mutual funds are invested in SM, Jolibee, San Miguel to name a few.. so I do believe na these companies itself are worthwhile investments. But always remember.. investments have higher risks if invested for short-term but investments are really for long-term. For a span of 20 years a fund (properly invested, diversified, can gain 12% or more.)

Know where and how to invest. Mao ra jd na. And mao na amo job na haron ang mga people is dili mag pataka invest.

@ethzneuron.. financial vehicle na 60% ang gain per annum.. like MeMing.. I'm very skeptical ana.. Please share daw for the thread starter and us as well... it's true that many people have lost a lot of money sa mga ingon ani na vehicles.. and mostly because walay proper knowledge ang mga tao kung unsa na investment na.. please share..

[MeMing]

@darkcrux

"For a span of 20 years a fund (properly invested, diversified, can gain 12% or more.)"

> i do believe this is too small a gain for that span of time. the easiest way to go if you want long term investment, IMHO, is to invest in banks that offer DOUBLE YOUR MONEY in 5 years. this is where most of my father's investment are since he's constantly being offered by BPI. given this knowledge, and with what you mentioned here which is a growth of 12% (i'm not sure if this is per annum or this is for 20 years), your money is way better off in banks that offer double your money.

[darkcrux]

@MeMing..

12% is per annum.. Sorry I forgot to mention that. the highest the bank can give you for time deposits is 5% per annum.. If your money is growing 12% per annum.. 300K doubles in 4 to 6 years which will be approx. 600K.. and doubles again in 4 to 6 years.. which will be 1.2K... and another 6 years will be 2.4M... this is the power of compounding interest. As per bank's time deposit.. let's say 4% or 5%.. that will double your money in 18years... Though banks will also offer those kinds that double your money in 5 years.. the difference is.. in investments.. you get to control your money and how it is invested.. Banks are safer and will grow little than investments.

So let me correct it.. 300K in 20 years will grow 12% per annum.. thus aprrox. will be 2M. Some funds even grow 19% per annum... 2M from 300K in 20 years. and that's just one investment.. You still have your businesses and some other investments. In 20years.. it's 240% so to say.

Here's a simple tool.. use the Rule of 72. ( 72 / interest rate = no. of years to double your money ).

Savings Account in Banks. 1% ---> 72/1 = 72 years
Time Deposite in Banks 4% --->72/4 = 18 years
Mutual Funds (Bonds) 8% ----> 72/8 = 9 years
Mutual Funds (Equity) 12% ----> 72/12 = 6 years

The key is LONG TERM investment..

[darkcrux]

Hi Again,

I'm not saying that banks are bad.. actually they are the safest way to put your money.. but are not the fastest way to grow your money. They are better for emergency funds. Time deposits in banks require massive amount of money for them to give you 4% to 5%. (about 1M pesos).. for 300K pesos.. they probably give you 2.5% to 3% at most. Though banks will also offer those that @MeMing says that double your money in 5 years or so.. that is because banks also have mutual funds or invests in mutual funds. The thing with banks is you are using their funds thus not giving you more control of your money and making it hard to diversify. Independent Mutual funds like PhilEquity or those at PhilAm require just a minimum of 5,000 to 10,000 thus giving the investor more ways to diversify his investments.

@MeMing.. how much does "Double your money in 5 years" require as a minimum? As to my knowledge, there are some good investments in the bank and there are also some bad ones. Mutual funds itself is a very good investment vehicle. Time deposit.. is good.. but not that good.

[john2116]

WOW... i didnt expect my tread will have a page two... wow na basa nako tanan inyong mga reply and then again. im very thankful mga pre..... damn wow im stun. hands down ko ninyo mga pre mga mare sad ....
bitaw my situation is like this.....

im 25 years old , available(muhahahaha) bitaw single pako, youngest among the rest , they all work here in dubai , father ,sista,bro,auntie,uncle,cousin etc. you name it. we are one town here in dubai ... but i found my life boring compare sa pinas pako. im working 3 years now ,after i grad, sabak dayun ko diri. i feel like working is really not my field.

and im thinking if palain sad ko ... i want to have a small business dha sa cebu. that can support my daily needs and save a little . all your reply was so good for me, so good that i cant understand all. honestly fresh pakaayo akong mind about business. but i want to risk it.. if it will not work , back to dubai i think..
i know i young for business but , when will i start? when im old?

i know akong situation is better ( lets just say) sa others nga gusto gyud apply diri sa dubai. but i tell you also. dili gyud lalim mga brad ang abroad , some people will risk all even saving for 10 years just to get home.... mga brad im not discouraging sa mga taw gustong mo abroad , im just sharing some down side of it.....

[MeMing]

@darkcrux

I can't say what's the minimum amount of investment for other banks but i'm quite certain it's either 500k or 1M for BPI. I think the downside of this though is that you can't just decide to put your money into it. I think the bank themselves have to offer it to their clients or some banks advertise this as well (I saw one bank which did but forgot the name).

I knew you were about to say something like Philam's investment vehicles. I considered this before but I decided that I don't have surplus capital (an probably will never have in the next 5 years) to invest or gamble (talking about the high yield/high risk investments).

But hey, I appreciate the way you reply to the thread starter's post. You put your mind to it and give time to elaborate. It just annoys me to see replies to threads like this that are quite idiotic.