Where To Put Your Money

[brucelee09]

Guyz,

Syempre kumikita na tayo ng malaki - habang nasa call center tayo
Learn how to differentiate an ASSET from a LIABILITY

This is the right time na simulan natin na mag-invest gamit yung mga kinikita natin. Marami sa atin na nagtra-trabaho para kumita ng pera. Right??! Pero na try nyo na ba na yung Pera and mag work para sa inyo???

This is how it works......

SAVE
Use the money to buy ASSETS (ex apartment, business, franchise, etc.)
Syempre kikita kayo dun.
Yung kikitain nyo sa ASSETS nyo - SAVE nyo ulit
Use the money to buy ASSETS again (ex apartment, business, franchise, etc.)
Paulit ulit lang -

DARATING YUNG TIME na maski mag resign ka sa trabaho nyo, uupo ka sa harap ng TV umiinom ng BEER at nanonood ng ARIRANG, KUMIKITA KA PARIN!!! Dba kay sarap nun, petiks hanggang mamatay.

Yung mga nabili mong ASSETS will still give you PASSIVE Income every month


Para dun sa maliliit ang sweldo, you can still do it. MAraming nag papa-loan na banko dyan na pwede mong hiraman say payable in many years. Pagkatapos mong matapos hulugan sa banko yung binili mong ASSETS, syempre continous pa rin yung PASSIVE INCOME every month.

Other ASSETS you can get!!!
- lupa sa province (orchard, farm)
- acquired non- performing assets ng mga banko (mga di mabayaran ng may ari)
- palaisdaan sa province

Guys what do you think??

I learned this from the BOOKS "Rich Dad, Poor Dad" at "Think RICH, PINOY"

[tidus1203]

With our call center salary I think buying real estate (except cheap provincial land) is still far aways. What we can do is invest in securities instead...

[Papichulo168]

Are the ff considered assets?:

- ipod
- cellphone
- PDA
- digicam
- Home Theater System
- P6.5K sneakers
- Scooter
- Amps and separates for the car

[DI10]

Are the ff considered assets?:

- ipod
- cellphone
- PDA
- digicam
- Home Theater System
- P6.5K sneakers
- Scooter
- Amps and separates for the car


literally yes. but with the values of those things going down monthly, you tell me. it's better to invest in bonds and insurance policies. :)

[carlshark]

While you're saving up for those "assets", you should park your savings in mutual funds.

Your favorite bank may have one of those Unit Investment Trust Funds.

Or you can look at mutual funds from Philam Asset (www.philamfunds.com) or SunLife.

Just be sure that your investments earn more than inflation, because inflation eats away the real value of your money. That is why current insurance plans are not advisable IMHO.

[tidus1203]

Are the ff considered assets?:

- ipod
- cellphone
- PDA
- digicam
- Home Theater System
- P6.5K sneakers
- Scooter
- Amps and separates for the car

I am afraid not. Accounting speak they are ASSETS in the sense that they have value. However, Finance speak will tell you those are not assets cause they don't provide long term value and depreciate. In contrasts to stocks, bonds, lands and some commodities like gold.

[seifadiaz]

Are the ff considered assets?:

- ipod
- cellphone
- PDA
- digicam
- Home Theater System
- P6.5K sneakers
- Scooter
- Amps and separates for the car


They are not assets. They are liabilities. Why? tidus1203 is correct. Those items depreciate and need to be constantly maintained (electricity, repairs, load, etc), and maintenance means money from your pocket right?

Assets are those that generate income, you bought stocks, it earns or loses money (but the fact is it still earns). Unlike the items that you posted which does not earn you a centavo.

[tidus1203]

I wouldn't categorize them as LIABILITIES either. Kiyosaki was just making it simple for non-finance people to understand. Financially speaking they are not LIABILITIES cause di naman sila utang in the first place. I mean those items are yours of course if you got it by cash and assuming not by credit card. What makes them what I'd prefer to call NON-PERFORMING ASSETS (as opposed to LIABILITIES) is that they dont generate growth or returns.

[spidermanila]

i find this topic educational coz that's the dilemma im facing right now. i've been with the call center industry for almost 2 years now and i dont have any assets
to show off so to speak. since im still single and live with my parents, all my hard earned money just goes to henry sy and my credit cards. i believe that we should also think of the future. its not easy to listen to irate calls every night so
at least we should possess something tangible that we could be proud of. since i
already have a house and lot courtesy of my parents would securities and stocks a safe bet. i would like to have an orchard since im a farmer at heart but that would be far fetched as of now. so guys what do u think is the safest investment for those who are just in the beginning stage.

[jbla]

sige panu kaya magandang mag start? simulan kaya natin k mister piggy? whatdya think?

[sooperbutts]

aku as ive said sa other thread,,,,needs to position my other business sa labas...haaayyy ***** ku nga sinimulan...pro buti n *** not too late...

hirap pa ren kse hirap ng kapital....especially if you start out of scratchh,,,,haaayyy you have to make all those ends meet....
despite of all inadequate means,,,,carry on p din....

haaaayyy buhay!!!! go *** ng go... :D

[ryan_blitz]

Guyz,

Syempre kumikita na tayo ng malaki - habang nasa call center tayo
Learn how to differentiate an ASSET from a LIABILITY

This is the right time na simulan natin na mag-invest gamit yung mga kinikita natin. Marami sa atin na nagtra-trabaho para kumita ng pera. Right??! Pero na try nyo na ba na yung Pera and mag work para sa inyo???

This is how it works......

SAVE
Use the money to buy ASSETS (ex apartment, business, franchise, etc.)
Syempre kikita kayo dun.
Yung kikitain nyo sa ASSETS nyo - SAVE nyo ulit
Use the money to buy ASSETS again (ex apartment, business, franchise, etc.)
Paulit ulit lang -

DARATING YUNG TIME na maski mag resign ka sa trabaho nyo, uupo ka sa harap ng TV umiinom ng BEER at nanonood ng ARIRANG, KUMIKITA KA PARIN!!! Dba kay sarap nun, petiks hanggang mamatay.

Yung mga nabili mong ASSETS will still give you PASSIVE Income every month


Para dun sa maliliit ang sweldo, you can still do it. MAraming nag papa-loan na banko dyan na pwede mong hiraman say payable in many years. Pagkatapos mong matapos hulugan sa banko yung binili mong ASSETS, syempre continous pa rin yung PASSIVE INCOME every month.

Other ASSETS you can get!!!
- lupa sa province (orchard, farm)
- acquired non- performing assets ng mga banko (mga di mabayaran ng may ari)
- palaisdaan sa province

Guys what do you think??

I learned this from the BOOKS "Rich Dad, Poor Dad" at "Think RICH, PINOY"


San ba pwedeng mag-apply ng mutual fund??? It seems magandang investment yan!!! Im on my way being a family man... Its true na mahirap n credit card, malls and gimik bars ang nakikinabang... Eventhough its late na para sa investment, sana makahabol pa... May alam ba kayo guys?

[jbla]

may mga nagsasabi na maganda din daw mag ipon sa mga bank ng goverment like sa mga AFP banks, i.e. AMSLAI kasi daw may malaki yung interest compared sa regular bank lang....

[newkid]

In the meantime, put your Christmas bonus or your 13th month pay in the bank and enroll to their time deposit while you are still undecided where to invest. :)

[sooperbutts]

may mga nagsasabi na maganda din daw mag ipon sa mga bank ng goverment like sa mga AFP banks, i.e. AMSLAI kasi daw may malaki yung interest compared sa regular bank lang....

yup malaki **** sa AMSLAI kse *** isa kong fren dun nya lagay pera nya pro dapat ata may kamag anak kng sundalo...

in the case of my fren, tatay nya *** sundalo so lahat sila magkakapatid allowed magdeposit sa AMSLAI..basta malaki siya nakalimutan ku n in figures *** interest rate....

[brucelee09]

I wouldn't categorize them as LIABILITIES either. Kiyosaki was just making it simple for non-finance people to understand. Financially speaking they are not LIABILITIES cause di naman sila utang in the first place. I mean those items are yours of course if you got it by cash and assuming not by credit card. What makes them what I'd prefer to call NON-PERFORMING ASSETS (as opposed to LIABILITIES) is that they dont generate growth or returns.


THE RIGHT QUESTION IS HOW CAN YOU MAKE THESE THINGS BE AN ASSET INSTEAD OF A LIABILITY????

[brucelee09]

I wouldn't categorize them as LIABILITIES either. Kiyosaki was just making it simple for non-finance people to understand. Financially speaking they are not LIABILITIES cause di naman sila utang in the first place. I mean those items are yours of course if you got it by cash and assuming not by credit card. What makes them what I'd prefer to call NON-PERFORMING ASSETS (as opposed to LIABILITIES) is that they dont generate growth or returns.


THE RIGHT QUESTION IS HOW CAN YOU MAKE THESE THINGS BE AN ASSET INSTEAD OF A LIABILITY????

[tidus1203]

They are still not a LIABILITY (utang) in finance term. If you use the lay mans terms of LIABILITY (pampabigat) that's true. Kiyosaki is just using that word to make it easy for non-financial people to understand a NON-PERFORMING ASSET (finance speak of assets not generating returns). Because his books are for non-financial people anyway in the first place.

As for mutual funds, there are a lot. There is Philam, Sunlife, and BPI. Pero my personal favorite goes to Banco de Oro's UITF. Very similar to a mutual fund except the gorwth is exeptional. I placed in the Peso Bond Fund and I am very happy with the returns. Now I am even planning on getting my hands on USD since mas mura na sya ngayon and invest the USD in ROP bonds or a $ Bond Fund...

[cable_girl]

ang galing! i like this thread. We really have to think of saving up for our future. Ako i have a savings acct every since i was a baby. Pero ngayon i'm trying to convert it to into $ savings kasi mas stable yung dollar. Sa mga hindi pa enough yung money, i suggest you buy na lang muna dollars. Now is the best time to buy kasi mababa ngayon.

tidus1203, whats an ROP Bond and a $ Bond Fund? I started buying dollars a couple of months ago. I'm just saving it up na maka abot ako sa minimum nga BDO for Dollar Time Deposit. Pero if that ROP Bond or $ Bond Fund is better, i'll opt for that na lang.

[tidus1203]

Warning ROP Bonds have stricter requirements as far as minimum placement is concerned. Its government debt securities that are Dollar denominated. Meaning yun yung utang ng Pilipinas in lay mans terms.

$ Bond Fund is pooled dollar investments to be invested in whatever the fund manager decides to place into. In many cases its ROP bonds, local corporate dollar bonds (eg. PLDT), foreign country bonds from our Asian neighbors and foreign corporate bonds (eg. Petronas of Malaysia). For more info on BDO $ Bond Fund UITF check this one out http://www.bdo.com.ph/uitf_dbf.html

Its better than time deposit since afterall you're gonna take the risk and not the bank where the time deposit is guranteed. My favorite quote nga in finance is "ANYTHING GURANTEED WON't OR BARELY KEEP UP WITH INFLATION."

[PinaTigaS]

Hi tidus, I also read your comments sa kabilang thread "long term investment" and printed it so pwede kong basahin sa bahay. I suggest to other pexers to read that thread as well :) I'm planning to inquire about BDO's mutual funds din probably this week.

[tidus1203]

Oh you mean the UITF. Yeah, go for it man. Another advantage of these UITF pala in comparison to the mutual funds offered by Sunlife and Philam is the sales load or the LACK of it. The UITF has no SALES LOAD whatsoever. Nagmumuka na ba akong BDO employee (I am not), pero I am just happy with the results they gave me and the best way to advertise is through word of mouth ika nga...

[PinaTigaS]

Kakagaling ko lang BDO and inquired about UITF's. Nung sinabi kong interested ako sa Balanced Fund, mukhang nagulat sya, sinuggest nya na mag-Fixed Income Fund muna daw ako, or half with Balanced. Is she overreacting or hindi ko lang talaga na-assess ng mabuti yung options ko? I'm planning to invest long term, initially 50K muna.

[tidus1203]

The Balanced Fund is more volatile than the Fixed Income Fund. So maybe dun sya nagulat. Its more of suitability issues really, if that 50K is all the savings you have then I do suggest not going into the Balanced Fund but if you can take a little more risk with that 50K go proceed.

But for which one is better for you, I cant answer that you will be the one who can determine suitability.

[DULCE_2005]

The best is to placed/invest your money in the bank.. What's the best product??? I suggest invest it in Government Securities.. such as Fixed Rate Treasury Notes wherein your money can earn interest every six months.. Or try investing in Retail Treasury Bonds - repricing of this securities is every 3 months, it means your money can earn interest 4x a year. All banks are offering this kind of investment.. What do you think guyz?

[tidus1203]

FXTN's are fine, but if you dont have a lot of capital (I believe FXTN's need P100,000 minimum) then UITF's is the way to go. For just P10,000 you can diversify your investments already...

[DULCE_2005]

FXTN's are fine, but if you dont have a lot of capital (I believe FXTN's need P100,000 minimum) then UITF's is the way to go. For just P10,000 you can diversify your investments already...

What is UITF? What bank or financial industries is offering this kind of product. Where are you working tidus?

[tidus1203]

Almost all banks have UITF's, its just a matter of picking the right one.

[jalaylo]

San ba pwedeng mag-apply ng mutual fund??? It seems magandang investment yan!!! Im on my way being a family man... Its true na mahirap n credit card, malls and gimik bars ang nakikinabang... Eventhough its late na para sa investment, sana makahabol pa... May alam ba kayo guys?

Pm me your e-mail address... I can refer you to my Sun Life Financial Officer... She handles my mutual fund investments :)

[PinaTigaS]

The Balanced Fund is more volatile than the Fixed Income Fund. So maybe dun sya nagulat. Its more of suitability issues really, if that 50K is all the savings you have then I do suggest not going into the Balanced Fund but if you can take a little more risk with that 50K go proceed.

But for which one is better for you, I cant answer that you will be the one who can determine suitability.

Hi tidus, I can take the risk with 50K, so I guess yun ang direction ko. Gusto ko din kasi ma-try din muna, and that will determine whether I should proceed investing on that or with fixed income. Btw saang branch ka ng BDO nag-apply ng UITF? And can you recommend anyone dun na pwede mag-advise sakin? Someone I can get to know personally sana. I'm around the Makati area, and dun ako nagtanong sa Paseo2 branch. Pero mukhang hindi kami magiging close nung nakausap ko hehe. Thanks!

[tidus1203]

My BDO Branch is Del Monte kasi malapit yun sa bahay ko. Wala those ladies there know nothing about investments all they can help you with is to compute how much you earned in UITF but no way are they investment professionals. You won't find those in branches nasa head offices yung mga yun. In fairness mababait at accomodating mga tellers sa Del Monte branch and I enjoy their services and the yields they give me. Hamo Peso Bond Fund for the entire month of november did a 28% annualized yield...

[Papichulo168]

Are the ff considered assets?:

- ipod
- cellphone
- PDA
- digicam
- Home Theater System
- P6.5K sneakers
- Scooter
- Amps and separates for the car

Honestly speaking I know the things I listed above are so called non performing assets or non revenue generating assets UNLESS:

- I used the Digicam to take pictures professionally
- I rented out the scooter on a per day basis
- I rented out the iPod on a per hour basis (eeewww!!!)
etc, etc.

But looking back at 4 years in the call center, those are basically what I had to show for, not to mention the ff:

- reams and reams of Marlboro lights
Lets assume In the four years I smoke a pack 80% of the time
(4 years X 365 days X 80% X P35 per pack) = P 40,880.00

- gallons and gallons of expensive Northwest American coffee
Lets assume I drink a cuppajava every other day for 4 years
( 4 years X 365 X 50% X P60 per cup) = P43,800.00

- hundreds of bucks on gimmicks every payday
Lets assume I spend P 500 every payday so thats 2X a month
( 4 years X 24 X P500 ) = P 48,000.00

- hundreds of bucks on fastfood and junkfood
Lets assume I pay extra P50 a day for eating unnecessarily junkfood and fastfood 80% of the time.
( 4 years X 365 X 80% X P50) = P58,400.00

- burned gas and paid parking instead of commuting
Assuming I paid an extra P 100 / day for gas and parking as opposed to commuting
( 4 years X 365 X 80% X P100) = P116,800

Summing all these conservative estimates and assuming I saved these during these four years, I would have.......

P 307,880.00

I just made a balance inquiry today and I only have 15% of that amount in the bank and that's because it's payday today.

Call center peeps, especially those who have the benefit of not paying rent, eating free at home and single....please learn from this valuable hindsight.

[beyonder1]

i find this topic educational coz that's the dilemma im facing right now. i've been with the call center industry for almost 2 years now and i dont have any assets
to show off so to speak. since im still single and live with my parents, all my hard earned money just goes to henry sy and my credit cards. i believe that we should also think of the future. its not easy to listen to irate calls every night so
at least we should possess something tangible that we could be proud of. since i
already have a house and lot courtesy of my parents would securities and stocks a safe bet. i would like to have an orchard since im a farmer at heart but that would be far fetched as of now. so guys what do u think is the safest investment for those who are just in the beginning stage.



Spidermanila, if you are really serious about that orchard you were talking about, it would be a smart move to start saving up a little of your eanings each week and park your cash somewhere with an investment horizon of 3 to 5 years. The type of investment depends on how how you are willing to squirrel away each week. In doing that, you will be steps closer to your dream of owning your own orchard. :)

[beyonder1]

San ba pwedeng mag-apply ng mutual fund??? It seems magandang investment yan!!! Im on my way being a family man... Its true na mahirap n credit card, malls and gimik bars ang nakikinabang... Eventhough its late na para sa investment, sana makahabol pa... May alam ba kayo guys?



You could try Philam Asset Management (PAMI) or Sunlife Asset Management (SLAMC). However, mutuals funds are kind of tricky if you don't know which funds are really suitable for your needs. You mentioned that you are on your way to becoming a family man. There are a lot of things for you to consider aside from your investment risk. You would need to start setting up a financial plan to help you in achieving what you would like your family to have for the years to come.

[malfoy2k]

You could try Philam Asset Management (PAMI) or Sunlife Asset Management (SLAMC). However, mutuals funds are kind of tricky if you don't know which funds are really suitable for your needs. You mentioned that you are on your way to becoming a family man. There are a lot of things for you to consider aside from your investment risk. You would need to start setting up a financial plan to help you in achieving what you would like your family to have for the years to come.


try also BDO UITF. The trust fee is around (.05 to 1.0) depende sa UITF Fund compared sa Mutual Funds n merong sales load,exit fee and etc. though if you keep your money money in MF for more than 2 years they usually waived it..

[carlshark]

Correct. Bumabawi ang bank UITF sa trust fee. After two years, ang Mutual Fund will not be charging anything except a minimal management fee (usuallt 1/8 of 1%).

For Kiyosaki fans:

http://www.johntreed.com/Kiyosaki.html

Read the P800+ book "The Millionaire Next Door". It's a far better read. :)

[auxes]

put your money in a time deposit... so far ganun yung ginawa ko...
most banks now give reasonable interest rates for this. you could even start a TD account for as low as 10,000php..

or if you have bigger money, go and open a Dolllar Account!

[tidus1203]

^^ Thats the baddest advice I could give anyone who even wants to keep up with inflation. A TIME DEPOSIT.... As my favorite quote "Anything GURANTEED in the financial world, will barely and most likely WILL NOT keep up with inflation".

I am sorry auxes I just have to disagree, working with a bank before I know banks make a big smirk in their face when people place their money in time deposits. Laki kickback ng bangko sobra dun....

[Papichulo168]

^^ Thats the baddest advice I could give anyone who even wants to keep up with inflation. A TIME DEPOSIT.... As my favorite quote "Anything GURANTEED in the financial world, will barely and most likely WILL NOT keep up with inflation".

I am sorry auxes I just have to disagree, working with a bank before I know banks make a big smirk in their face when people place their money in time deposits. Laki kickback ng bangko sobra dun....

I totally agree with this! Not only do banks give low interest rates but the small amount you gain in these interests are often lost to exhorbitant service charges charged by banks.

[Papichulo168]

^^ Thats the baddest advice I could give anyone who even wants to keep up with inflation. A TIME DEPOSIT.... As my favorite quote "Anything GURANTEED in the financial world, will barely and most likely WILL NOT keep up with inflation".

I am sorry auxes I just have to disagree, working with a bank before I know banks make a big smirk in their face when people place their money in time deposits. Laki kickback ng bangko sobra dun....

I totally agree with this! Not only do banks give low interest rates but the small amount you gain in these interests are often lost to exhorbitant service charges charged by banks.

[ryan_blitz]

I totally agree with this! Not only do banks give low interest rates but the small amount you gain in these interests are often lost to exhorbitant service charges charged by banks.

Ok so time deposit will not give me a better edge when it comes to investment. I have inquired to Equitable-PCI bank for a mutual fund and requested for there 2 yrs investment portfolio data. They did not answer my question yet, they have redirected me to the branch at makati. They told me since that is a fund investment, it would be better to speak at the makati office. Would this be true? :confused:

[carlshark]

Maybe they don't want your business, move to another bank. That'll teach them.

[tidus1203]

Ok so time deposit will not give me a better edge when it comes to investment. I have inquired to Equitable-PCI bank for a mutual fund and requested for there 2 yrs investment portfolio data. They did not answer my question yet, they have redirected me to the branch at makati. They told me since that is a fund investment, it would be better to speak at the makati office. Would this be true? :confused:

Normally as far as FUNDS is concerned they are normally situated at the head office... The branch people might know little so I think it would be great if you can get to talk to their asset management department which is their head office.

As for the funds to invest in. BDO's UITF definitely comes into mind. High and consistent returns for both your pesos and greens...

[blizzie12]

Hi guys.

Reading this thread made me interested with investing my money in UITF. But I think I don't have enough knowledge about it yet to delve into it. I've tried reading about it from Banco de Oro's website. I've learned that the interest of your investment will be based on NAVPU which is very much convenient to check through your cellular phone. I have also called their Customer Service Department but I didn't get the answer to all of my questions.

I'm kinda interested with Fixed-Income Fund since it has lesser risk. :D

I'm not sure yet if I should try it now.

I have few questions that I hope you could answer.

1.) With a 10k investment, how much do you usually gain?

2.) Is it good to invest at this time of the year?

3.) NAVPU will be based on what?

4.) What strategies should I use to be able to gain from this investment?

5.) Have you had any experience with BDO or other banks that you have lost all your invested money?

'Yun lang po..Sori if masyadong madami.. Maybe I'm just that interested about it. And in a way, of course, I'm kinda afraid to lose my hard-earned money.. :love:

Hope you guys will reply on this.

Thanks.

[tidus1203]

1. With a 10k investment expect not a lot of returns as returns are tied to the principal. Lets use the bond fund as an example, if at the rate its going its getting 15%-16% an annum for P10k you would get around P1500-P1600 a year which as I mentioned is not much. But your principal is also not much so evens stevens.

2. Its always good to invest any time into fixed income securities drived fund. I mean income is steady and capital gains/losses movement is low. Definitely for the low risk taker.

3. NAVPU is based on the market value of all the underlying assets of the fund less liabilities divided by the total number of units outstanding. Just think of it as the price/share of the fund.

4. There are no strategies with UITF's, the fund is controlled by the fund manager and you as a participant have no control but to just seat there and trust the fund manager better judgement is trading the assets of the fund for the better good of the fund holders.

5. I have never lost all my money even on my stock investments, in fact capital gains na ako by quite a lot with my PLDT common shares. Hinihintay ko lang yung 2005 report for PLDT which I expect to be very high and maybe sell it around that time when the market is hyping for it and the price for it high....

[fleshavenue]

http://www.pinoyexchange.com/forums/showthread.php?t=238495
the people mentioned herein cannot be trusted. if you're going to invest-on-trust, make sure you're not dealing with them.
they would normally ask you to invest thirty thousand pesos at the least and will ask you to work for them without pay.
also, they would ask you to have a joint account with them.