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  1. mazzipino
    mazzipino is offline Tsikoteer
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    November 29th, 2009 02:28 AM #1
    Presuming we are talking about a 6/7/8 figure PHP sum, how would you keep it safe here in the Phils aswell as seeing it grow?

    Savings account? Time Deposits? Investments?

    What would you do?
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  2. batang_raon14's Avatar
    batang_raon14
    batang_raon14 is offline Tsikoteer
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    November 29th, 2009 03:14 AM #2
    I'd suggest invest it in a business venture rather than in a bank. Franchise or your own. Grows more provided location and the type of business is highly feasible. Just my .02.
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  3. frenchtower's Avatar
    frenchtower
    frenchtower is offline vivent secretement
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    November 29th, 2009 07:49 AM #3
    Quote Originally Posted by mazzipino
    Presuming we are talking about a 6/7/8 figure PHP sum, how would you keep it safe here in the Phils aswell as seeing it grow?

    Savings account? Time Deposits? Investments?

    What would you do?
    6 figures Php? Don't expect much ROI on that especially when handled by a bank. Maybe you can put it in a livestock business and compound the returns.

    7 to 8 figures - rental property business or franchise a well known restaurant chain.

    Hope this helps
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  4. ghosthunter's Avatar
    ghosthunter
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    November 29th, 2009 10:47 AM #4
    Quote Originally Posted by mazzipino View Post
    Presuming we are talking about a 6/7/8 figure PHP sum, how would you keep it safe here in the Phils aswell as seeing it grow?

    Savings account? Time Deposits? Investments?

    What would you do?
    Investments would be one of the better options.

    My brother prefers to buy condos in the prime areas of Metro Manila. Current areas are THE FORT condos. You can have those condos rented out for income. Later, you can have the option to sell the property as well.

    Best to choose the condos done by well known developers like MegaWorld who have good reputations for quality and completion of projects.

    The preferred units you can choose would be the two bedroom units which are the most in demand by renters most of the time.
    Last edited by ghosthunter; November 29th, 2009 at 10:49 AM.
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  5. fourtheboys96
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    November 29th, 2009 11:57 AM #5
    bili ka ng property (kupa) sa probinsya. pataniman mo lang ng fruit trees na gusto mo.
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  6. james00112233's Avatar
    james00112233
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    November 29th, 2009 12:05 PM #6
    how about in stocks?...
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  7. ghosthunter's Avatar
    ghosthunter
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    November 29th, 2009 12:44 PM #7
    Quote Originally Posted by james00112233 View Post
    how about in stocks?...
    Stocks is a gamble. Unless you have the time to manage and watch the rise/fall of the stockmarket, best just to leave it to the professionals.

    But even the professionals at this game are not immune to going bankrupt.
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  8. romejean
    romejean is offline Verified Tsikot Member
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    November 29th, 2009 09:21 PM #8
    Good day, For more information..You may log on to pinoymoney.com....Madami ka matututunan po doon with regards to investments and many more...
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  9. tidus1203's Avatar
    tidus1203
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    November 29th, 2009 09:50 PM #9
    Of course your liquidity needs should also be factored in. Many suggest here getting real property but bear in mind it is very illiquid meaning its hard to convert it back to cash unlike paper assets like stocks or currencies...
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  10. frenchtower's Avatar
    frenchtower
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    November 30th, 2009 03:28 AM #10
    Quote Originally Posted by romejean
    Good day, For more information..You may log on to pinoymoney.com....Madami ka matututunan po doon with regards to investments and many more...
    Correction sir.
    http://www.pinoymoneytalk.com/
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