How much is their Salary?!

[Deestone]

mukhang papatusin ko ito si pagibig mp2.

kasi yung binebenta parking sa akin nasa 1.2milyones. Pwedeng kumita buwan buwan 6thou to 7thou minus monthly dues less 1thou.

kung si mp2 ang isang million ko kikita 60thou a year eh hindi nagkakalayo sa kikitain sa parking. Pwede ko pa gawing dalawang million so 120thou a year tama ba?

If you buy at parking at 1.2M and earn 6k monthly after 10yrs should you decide to sell your parking it might be let say worth Php2M at that time so aside from monthly income your capital also increase.

[dr. d]

mukhang papatusin ko ito si pagibig mp2.

kasi yung binebenta parking sa akin nasa 1.2milyones. Pwedeng kumita buwan buwan 6thou to 7thou minus monthly dues less 1thou.

kung si mp2 ang isang million ko kikita 60thou a year eh hindi nagkakalayo sa kikitain sa parking. Pwede ko pa gawing dalawang million so 120thou a year tama ba?

,,, we are assuming merong a-arquila nang parking space na yan...

also,
payag ba yung administrator to sell you a parking slot when you do not own a dwelling unit?
kasi, if i were the administrator, i wouldn't allow you to own a parking slot if you did not own a dwelling unit as well...

[kagalingan]

deestone,

binabasa ko pa situation ngayon kasi nung prepandemic kahit 1.5milyones wala ka mabili parking pero ngayon meron dalawa at 1.2 & 1.3 walang kumakagat eh yung 1.2 abril or mayo pa advertise.

mahirap magbenta ngayon ng condominium as in below market value. Though tutubo ka naman pag nabili preselling.

Mas stable yung pagibig mp2 kaso may agam-agam ako kaya naitanong ko kung parang bank na may pdic.

[shadow]

Here we go again coach Kags. Tapos na lockdown at lahat eh nasa planning stage ka pa rin. Lahat gusto ko patusin, bili ng properties, etc.


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[kagalingan]

Nagtransfer ako now timedeposit 2.75% sa eastwest 1year 100,000 to 500thou.

Sa 360days i will earn 10thou.

Next ko kung makaabot maya konti sa pagibig.

[Mask Rider Blac]

Ang liit niyan, Kags.
Principal – P363,636.36
Rate – 2.75% per anum
Interest – P10K
Final tax – P2K
Net interest earned – P8K
Kumita lang ng P8K ang principal in a year’s time (on top of it, effort, time, etc., is not yet quantified pa) tapos, malamang nagpagas ka pa..

[viper888]

To be fair, there are very few properties worth buying at P363K

Putting it in stocks is a risk, Crypto an even larger risk

Setting up a business is a lot of effort and perhaps Kags doesnt have time time

[papi smith]

Ang liit niyan, Kags.
Principal – P363,636.36
Rate – 2.75% per anum
Interest – P10K
Final tax – P2K
Net interest earned – P8K
Kumita lang ng P8K ang principal in a year’s time (on top of it, effort, time, etc., is not yet quantified pa) tapos, malamang nagpagas ka pa..

Mas malaki pa ang interest sa digital banks at 4-6%, no minimum, no holding period, PDIC guaranteed up to 500k rin [emoji12]

[papi smith]

To be fair, there are very few properties worth buying at P363K

Putting it in stocks is a risk, Crypto an even larger risk

Setting up a business is a lot of effort and perhaps Kags doesnt have time time

With a 1 year time horizon, there's a number of low risk stocks which can easily beat that 2.75% gross yield.

[Mask Rider Blac]

Be wary din with financial institutions (FI) offering interest way above industry rates.
Halimbawa:
Total asset – P11.0 billion;
Deposits placed with banks – P7.0 billion;
Investment in Bonds – 2.0 billion;
Resources placed in core operations (earning income for the FI) – P639.0 million

FI offers 4% - 6% interest

By just looking at the asset structure, we know this institution is operating at a loss.

[Mask Rider Blac]

Mas malaki pa ang interest sa digital banks at 4-6%, no minimum, no holding period, PDIC guaranteed up to 500k rin [emoji12]

Try to look into the bank's audited financial statements or published balance sheets. These should be available in their website.

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[Mask Rider Blac]

To be fair, there are very few properties worth buying at P363K

Putting it in stocks is a risk, Crypto an even larger risk

Setting up a business is a lot of effort and perhaps Kags doesnt have time time

There are other opportunities besides the common buying of properties, stocks, crypto, and other almost similar to passive income earning assets.
Plus he is kagalingan so dapat litaw ung pagiging kagalingan niya na regardless of how much he has, mapapalago niya..single at ang daming time magliwaliw, at that.

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[uls]

There are other opportunities besides the common buying of properties, stocks, crypto, and other almost similar to passive income earning assets.
Plus he is kagalingan so dapat litaw ung pagiging kagalingan niya na regardless of how much he has, mapapalago niya..single at ang daming time magliwaliw, at that.

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time deposit

sophisticated investor

[kagalingan]

ang hirap kasi sa digital bank ang hirap comtakin tapos si ING umexit na agad. Si CIMB naman nang-iiscam , naalam mga hindi dapat itanong. Si papichu nga nagpost nyan.

Ito nga babawasan ko na BPI at BDO para sa iba bank na gagawin ko alkansya na somehow tutubo naman.

papasok lang ako ng negosyo yung nasa puso ko dapat. Inaalok nga ako magbenta ng manok eh anti-chicken ako. Im practicing what i preach.

kailangan pag kumita ng pera may tindig.

[papi smith]

Try to look into the bank's audited financial statements or published balance sheets. These should be available in their website.

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I'm not a finance guy so effort sa akin ang intindihin yan, simple finance ok lang, but then pano kung niluto ang libro?

So I just stick to reputation, no matter how slim and length of time in the market. Pinapatos ko nga mga thrift bank like LBC and Sterling dati for as long as within PDIC limit. One account per family member. Inabot nga ako ng sara ng LBC Bank.

Sarap nung panahon dati na tax free ang corporate bonds, SMC 10.5%, Aboitiz 8.5%, etc. Tapos enter the dragon, Kim Henares, pataw ng 20% tax, yare!

Look at Eastwest, di ba lugi yan? Pero ok lang as long as within PDIC, pero dapat mataas ang rate, para sulit kahit mapagsarhan. [emoji38]

[_Qwerty_]

last day today..

[papi smith]

And again that's just 4.6% net, but if marami ka disposable ok lang. But for those who are almost fully invested na, better wait for higher yields. May mga notes ako na 4% net lang maturing late next year pa ang earliest so I set my threshold at minimum 5% na, much better if 6% pero usually mahirap kumuha ng mga ganito.

[dr. d]

if the objective is to make one's money grow faster than the inflation rate,
few ordinary people know how to do that.

[uls]

if the objective is to make one's money grow faster than the inflation rate,
few ordinary people know how to do that.

actually many ordinary people are beating inflation -- those engaged in business

you buy something for P100 and sell it for P120 that's 20% profit

that beat inflation

but of course it takes work

[papi smith]

It's actually the ordinary people who know this, as there's pressure to grow small money.

The extraordinary ones don't care. They have high paying jobs or businesses.