What is the most ideal Business to put up if you have P20M and up Funds?

[dexterdal]

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bar na hubo hubo hehehehe

[rockford_fosgate09]

lending jud na brad..

[hacxcena]

How come your friend accumulate this big amount without a business? Where is the fund came from? Kadaog siya lotto bro?

[jamzy]

if i have that money... i will go to real estate... the best bisnis jud

[pogy_uy]

How come your friend accumulate this big amount without a business? Where is the fund came from? Kadaog siya lotto bro?

basin g.mana? hehe! i.time deposit nalang na bro! wala pa kay labad... ispread sa bpi. bdo, metrobank and rcbc

[honey2723]

basin g.mana? hehe! i.time deposit nalang na bro! wala pa kay labad... ispread sa bpi. bdo, metrobank and rcbc

if imong ipa-time deposit noh, alkansi na imong P20M. kay it will be loosing it's value the whole time it's in time deposit... it may be intact as P20M but ang worth niya kay gi-kaon na sa inflation rate nga (ave) 7%. Ang interest gihatag sa imo sa banko kay mga 3% ra... that means, you are loosing around 4% of the value of your money yearly. NEVER put your money in time deposits if imong target kay ipatubo siya... ikaw ray alkansi... ang banko ray nadato...

OT : brod pogy_uy, i don't mean no disrespect, but maybe you could use some finance education. kung ganahan ka madatu, i can help you out...

[saturno]

if imong ipa-time deposit noh, alkansi na imong P20M. kay it will be loosing it's value the whole time it's in time deposit... it may be intact as P20M but ang worth niya kay gi-kaon na sa inflation rate nga (ave) 7%. Ang interest gihatag sa imo sa banko kay mga 3% ra... that means, you are loosing around 4% of the value of your money yearly. NEVER put your money in time deposits if imong target kay ipatubo siya... ikaw ray alkansi... ang banko ray nadato...

OT : brod pogy_uy, i don't mean no disrespect, but maybe you could use some finance education. kung ganahan ka madatu, i can help you out...

that's a very good point.. i've never though of that way before. because most of us, IF ever, we will have that amount of money, will always think of putting it in a bank to earn its interest and for it safety purposes..

so what's your advice? for sure, putting it on an unsure investment would also increase greatly the risk of losing more than the bank's 4%. or it could either be the way around, earning more for your money..

[gdd]

if imong ipa-time deposit noh, alkansi na imong P20M. kay it will be loosing it's value the whole time it's in time deposit... it may be intact as P20M but ang worth niya kay gi-kaon na sa inflation rate nga (ave) 7%. Ang interest gihatag sa imo sa banko kay mga 3% ra... that means, you are loosing around 4% of the value of your money yearly. NEVER put your money in time deposits if imong target kay ipatubo siya... ikaw ray alkansi... ang banko ray nadato...

OT : brod pogy_uy, i don't mean no disrespect, but maybe you could use some finance education. kung ganahan ka madatu, i can help you out...

I really appreciate your comment honey2723 since I myself a banker before. And that's why here I am asking some suggestions from good people over here for a friend. And as to where he got the money? maybe that's a premature contention at this time. The right person and right agency may ask that. But for my personal opinion however, I suggest to my friend Real Estate Business. Industry is about to hit the floor, from then it has nowhere to go but up. Hope for more good opinion over here bros....Thanks ahead.

[saturno]

I really appreciate your comment honey2723 since I myself a banker before. And that's why here I am asking some suggestions from good people over here for a friend. And as to where he got the money? maybe that's a premature contention at this time. The right person and right agency may ask that. But for my personal opinion however, I suggest to my friend Real Estate Business. Industry is about to hit the floor, from then it has nowhere to go but up. Hope for more good opinion over here bros....Thanks ahead.

brod, observation lang nako ni..sorry if m wrong.that's why i'm asking you this for your comments too..

ok pa ba ron ang real states? with the economy now, mura man galisod og palit mga tao og houses. sa america btaw, housing crisis man cla, daghan ng gpang embargo sa banko.. makita btaw nato sa real state section sa forum, gabalik2x nalang og UP ng mga brokers kay wa man namalit or hinay man.. maski kadtong socialized or low cost housing... reduced price nalng, 100% pag-ibig loan pa gyud..mura man wala nay nikagat.. if naa, gamay ra tingali kay ga cge naman promo cla. so, money nga imo gi invest, mababoy noon.

so mao lang ni ako observation sa market karon... i don't know about the future but if you invest your money right now in this field, our present market is not that good, the future still is uncertain too... and with that money, cgurohon gyud nimo butang sa cguro or you will end up losing everything in one sweep and holding up some useless certificates or titles in the future..

[honey2723]

that's a very good point.. i've never though of that way before. because most of us, IF ever, we will have that amount of money, will always think of putting it in a bank to earn its interest and for it safety purposes..

so what's your advice? for sure, putting it on an unsure investment would also increase greatly the risk of losing more than the bank's 4%. or it could either be the way around, earning more for your money..

@saturno, the scenario that you've mentioned, "...IF ever...", is quite true. According to the Phil. Banking System, as of Sept 2008, there were P3.81T in time deposits all over the Philippines. That's money loosing it's value the whole time it's there. This is the effect of majority of the Filipinos being financially uneducated. It's such a pity that a significant amount of the money are coming from OFW remittances, working hard for money but their money is not even working for them.

Anyways, as for my advice... The thread does ask for the most ideal business for P20M and up. Well, my first advice is, KNOW WHAT YOU WANT.

First and foremost, ESTABLISH YOUR GOALS. From short term, to mid term, to long term goals. From the little things you want to the different things you need in different stages of your life, i.e. wedding fund, children's education fund, medical fund, emergency fund, retirement fund, etc.

Once you've established your goals, create a financial plan on how much you need to address each goal.

After determining the amount needed for each goal, then you can find investment vehicles that can address each goal. So, the investment vehicles can include a savings account or time deposit for your short term goals or immediate needs. (Recommended amount you can store in the bank should be at least 6 months worth of expenses. In excess of that, you're putting your money at risk even though it's in the bank. At risk of loosing it's value.)

As for mid-term to long-term goals, you can put up your own business, or buy a franchise. Now if you don't know how to manage a business, you can be an investor. Depending on your risk appetite, there are dependable and stable companies that offer reliable investment vehicles.

As for risk, risk is always present. Remember, there is a trade-off when you always go for low-risk investments. And the trade-off is growth. Liquid investments or investments that can be accessed easily are low-risk investments, and the trade-off for this is slow growth. For illiquid investments or investments that are not easily accessible, or designed for long-term investment, they may have higher risk in short-term volatility but it can give you more growth for your money. Remember, if you truly want to grow your funds, you need to face the risk. If an investment plan says that it can double your money in a short period of time, then you are actually putting your money at risk. Based on personal experience and learnings, there's no such thing as getting-rich quick the right way.