IMG (International Marketing Group)

[lorenzoleo]

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Based on this expriences, I will not buy land properties anymore, because of these estate taxes, I better place my long term investment in a money market(mutuals fund or stocks). Liquidity in money market is easier than in properties. And tax free.

[lorenzoleo]

This is the current situation about asset protection:

Car worth 1M = issured with a comprehensive insurance covered 1M also
House worth 5M = issured with 5M
You = how much insurance you need?
Answer:

Total all your assets if your in business, be sure if it is 50M assets, insured it with 50M insurance. That is my advice.

But some don't know the exact insurance coverage they need. You better find financial advisers, they can give you some insights. Choose advisers that fits to your needs(it's my advice). Choose an adviser that really do the mission, not the commission.

[wealthyhead]

Of course. And actually everybody saves.
Here's the system:
Clients put money on Mutual Fund...
IMG gets commission from the Finance Institution...
The Finance Institution gets more money... then lend it to businessmen
The institution earns through interest..
The businessmen that borrowed would venture a business..
And eventually becomes richer.

You almost got it right, but that's not really how it goes. Mutual Fund is not in the lending business (not like banks).
Try to learn more about mutual funds - it's also one vehicle to let your money grow the right way.

[tamse]

Hello tamse, ako sad is an IT professional. Nindot man sad kung naa sad kay laing paradigm. Puol sad kaayo ng puro ra program ug computer atong totokan oi. Hehehe! Padayona lang ug paminaw ang ni contact nimu kay your on the right track. The information about Financial is very important since it is the common denominator of all.

"Most of us don't plan to fail, most of us just fail to plan in the first place"

its not just about me being an IT and doing a marketing thing.. its just that, murag di jud nko feel sad ang marketing... ahehehe... thought its in our blood ang ingon ana, di jud nko xa feel..hahaha..

[darkdruid]

you really can't....

cant and wont is different jhiade... <<< google it.

its not just about me being an IT and doing a marketing thing.. its just that, murag di jud nko feel sad ang marketing... ahehehe... thought its in our blood ang ingon ana, di jud nko xa feel..hahaha..

IMG peeps... simple as that....

[darkdruid]

That's what the PARABLE OF THE TALENTS is
It doesn't encourage saving or hiding your finances for future.
It depicts the maximization of your potential
..and risking your money to gain more.

Of course. And actually everybody saves.

I have banks..but i used them as temporary storage of my finances
NOT WHERE I GROW MY MONEY.
That's y dli kaayo ko sold out anang mutual funds..
I wont get financially better there..
Its only other businessmen that will eventually become more richer.

thumbs up to you bro... very well said...

[lorenzoleo]

There may be some points here.
But as to my point, i take the risks in controlling my finances.

I'm revolving my money in my business
And leaving to God the unpredictable predicaments
.. that's how I grow in this sector that I'm in!

I just don't want to be the 3rd servant in THE PARABLE OF THE TALENTS..
Who hid his 1 talent in fear of losing it.
That's saving or what mutual fund is in modern setting.
I opt to be the 1st or the 2nd servant who takes the risks in growing their talents.

That's what the PARABLE OF THE TALENTS is
It doesn't encourage saving or hiding your finances for future.
It depicts the maximization of your potential
..and risking your money to gain more.

I don't agree with this quote, I think money of the 3rd servant didn't gain interest. But in long term investments, you can gain interest. Don't compare it with mutual funds with a fund that is hidden underground. =)

And I think in investing also needs talent. Mutual funds in another option to let your money grow. If you have talents in money market, go for it. For me it is the best because the liquidity is easy and tax free. I will not invest into properties anymore. Only the government will gain your assets if you failed to preserve your estate.

[jhiade]

OT: i don't wrestle with pigs,my clothes get dirty

[cirext]

its not just about me being an IT and doing a marketing thing.. its just that, murag di jud nko feel sad ang marketing... hehehe... thought its in our blood ang ingon ana, di jud nko xa feel..hahaha..

yes sis, if dli ka gusto dn don't force yourself in marketing
its a job that cant be imposed
kaw bahala on where u want to be.

But im encouraging you to explore your potentials..
It myt not be necessarily in marketing
but never put yourself foreever in employment..
kana lang ako point to share.

let me share this:
im a licensed engr (ECE), grad of USC
when i was emloyed in Lexmark
i got cisco short courses
got some masteral units for robotics
these i did to climb up the ladder of employment
becoz i thought ECE is my world
but then i become too frustrated, my finances is not getting better
they didnt even care to see what i did for the company.
I then quit work immediately.
Without any carreer to jump.
But i believe it was all in God's hands.

I am now 27. Have my own company when I was 26.
Nobody may think ill end up here,
My parents didnt have any bznz...
We are a striving family of employees & we dont have extra resources
Everything start from zero
But im happy now
If i had bn dr till this time, Lexmark ray madato sa ako paninguha.

But you know what?
The foundation and the heart of my company is marketing.
I became a Marketing Director of a well-known real estate developer when i was 25
And i used that experience to create my own company 1 yr after.
My company is a Real Estate Sales and Construction firm.
And its too far from ECE, which i studied hard for 7yrs. (including my masterals)

im not showing this to boast or to push marketing
This is to encourge you...
Not to shroud yourself all in IT
Explore ur potentials for greater achievement.

[lorenzoleo]

yes sis, if dli ka gusto dn don't force yourself in marketing
its a job that cant be imposed
kaw bahala on where u want to be.

But im encouraging you to explore your potentials..
It myt not be necessarily in marketing
but never put yourself foreever in employment..
kana lang ako point to share.

let me share this:
im a licensed engr (ECE), grad of USC
when i was emloyed in Lexmark
i got cisco short courses
got some masteral units for robotics
these i did to climb up the ladder of employment
becoz i thought ECE is my world
but then i become too frustrated, my finances is not getting better
they didnt even care to see what i did for the company.
I then quit work immediately.
Without any carreer to jump.
But i believe it was all in God's hands.

I am now 27. Have my own company when I was 26.
Nobody may think ill end up here,
My parents didnt have any bznz...
We are a striving family of employees & we dont have extra resources
Everything start from zero
But im happy now
If i had bn dr till this time, Lexmark ray madato sa ako paninguha.

But you know what?
The foundation and the heart of my company is marketing.
I became a Marketing Director of a well-known real estate developer when i was 25
And i used that experience to create my own company 1 yr after.
My company is a Real Estate Sales and Construction firm.
And its too far from ECE, which i studied hard for 7yrs. (including my masterals)

im not showing this to boast or to push marketing
This is to encourge you...
Not to shroud yourself all in IT
Explore ur potentials for greater achievement.

I also feel what you feel bro, this is actually right. Hehehe! That is why I tried to
change my paradigm. Hehehe! Companya ray mu dato sa imung paninguha.