BPI Bank still offline, what's going on?

[uls]

naalala ko may banker nag offer sa uncle ko ng "investment"

finorward sakin explain ko daw

it sounded sophisticated and complicated with all the jargon

after reading it, yun pala the bank was looking for a counterparty for another client

example lang ito ha, iniba ko details

the client is betting the USD will strengthen against PHP in 30 days and he's looking for someone to sell him $$$ at the present exchange rate 30 days in the future

like kunwari USDPHP = 52.50 ngayon

the client will pay my uncle a premium (parang sa insurance)

if in 30 days naging 54, my uncle will sell at 52.50 parin (lugi)

pero if in 30 days naging 52, my uncle doesn't have to do anything and keep the premium as profit

kumbaga the bank is like a bookie naghanap ng magtataya sa kabila

pero syempre they package it in a way that makes the investment sound sophisticated

ganyan talaga ang finance industry

[ray_noel]

naalala ko may banker nag offer sa uncle ko ng "investment"

finorward sakin explain ko daw

it sounded sophisticated and complicated with all the jargon

after reading it, yun pala the bank was looking for a counterparty for another client

example lang ito ha, iniba ko details

the client is betting the USD will strengthen against PHP in 30 days and he's looking for someone to sell him $$$ at the present exchange rate 30 days in the future

like kunwari USDPHP = 52.50 ngayon

the client will pay my uncle a premium (parang sa insurance)

if in 30 days naging 54, my uncle will sell at 52.50 parin (lugi)

pero if in 30 days naging 52, my uncle doesn't have to do anything and keep the premium as profit

kumbaga the bank is like a bookie naghanap ng magtataya sa kabila

pero syempre they package it in a way that makes the investment sound sophisticated

ganyan talaga ang finance industry

Galing naman pagka explain... [emoji122][emoji122][emoji122]
Pwede naman in layman’s term na lang sana para kahit noob client ma intindihan... [emoji3]


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[uls]

Galing naman pagka explain... [emoji122][emoji122][emoji122]
Pwede naman in layman’s term na lang sana para kahit noob client ma intindihan... [emoji3]


Sent from my iPhone XS Max using Tapatalk

part ng trabaho ko mag basa ng email galing sa bankero tapos i-explain hehe

--

hindi talaga nila gagawin layman's term kasi they have to appear sophisticated

[uls]

kaya ung mga Goldman Sachs na yan akala mo nakapa sophisticated

ang totoo glorified bookie lang mga yan hehe

[kagalingan]

kaya ko natanong yan dahil yung mga financial advisor nagkalat sa facebook ang yayabang lagi inaasar yung crowd na "You Only Live Once" pero hirap naman magexplain more of panglalait na lang. Parang sila pumalit sa pyramiding networkers na nagfaflood pag usapang investment ngayon.

Tapos may banat pa usap tayo private message mo ako. Eh allergic na tao kasi style din ni multi-level-marketing yan.

Mas effective kung ilatag na lahat make it really literal.

[uls]

kaya ko natanong yan dahil yung mga financial advisor nagkalat sa facebook ang yayabang lagi inaasar yung crowd na You Only Live Once pero hirap naman magexplain more of panglalait na lang. Parang sila pumalit sa pyramiding networkers na nagfaflood pag usapang investment ngayon.

Tapos may banat pa usap tayo private message mo ako. Eh allergic na tao kasi style din ni multi-level-marketing yan.

Mas effective kung ilatag na lahat make it really literal.

ung mga so-called financial advisor sa fb wala yan

di totoong financial advisor mga yan

usually salesman ng insurance

[_Cathy_]

kaya ko natanong yan dahil yung mga financial advisor nagkalat sa facebook ang yayabang lagi inaasar yung crowd na "You Only Live Once" pero hirap naman magexplain more of panglalait na lang. Parang sila pumalit sa pyramiding networkers na nagfaflood pag usapang investment ngayon.

Tapos may banat pa usap tayo private message mo ako. Eh allergic na tao kasi style din ni multi-level-marketing yan.

Mas effective kung ilatag na lahat make it really literal.

Mga connected sa insurance yan. Pa explain mo ng options, derivatives, swaps, forwards, long and short. Si ULS, boss ko and traders kaya i explain lahat yan. Yung sa FB glorified insurance salesmen lang.

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[uls]

yeah glorified insurance saleman

nagbebenta ng mutual fund, insurance w/ investment

yan lang binebenta nila

ung knowledge nila limited only to what they're selling

[kagalingan]

dalawa yan, pinakaayaw ko yung prulife-uk. Mga todo post.

Si philam bpi mas mellow relax lang.

Chaka bakit profile picture mukhang ahente ng lote ang posing. BAsta hindi natural parang madedeng-goy ng kwarta.

[_Cathy_]

hahaha!

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