Invest or Setup a Business with Little or No Money

nubrid

Para sa mga gustong mag-start sa Investing, Entrepreneurship, o Business... feel free to post your comments. Bigyan ko kayo ng advice kung paano magsimula. Kung gusto niyo naman ng one-on-one, leave me a PM

BACKGROUND:
Nag-start ako nung July 2019. Nagsimula ako sa pagbasa ng "Unfair Advantage" by Robert Kiyosaki. Natutunan ko na ang best investment ay sa Real Estate. OPM (Other People's Money) ang paraan para makapag-invest nang walang initial Cash. Kailangan muna magpalaki ng Capital (via Real Estate) bago sumabak sa negosyo.

Since July 2019, nakabili ako ng 9 Real Estate assets. 3 ang RFO (Ready For Occupation) at ma-turnover sa 2020. Ang laman ng mga bank accounts ko ay "good for maintaining balance". Sa Feb 2020, may additional Equity ako (mula sa mga dating napundar) enough para bumili pa ng 10 dagdag na Real Estate assets. Ang target ko ay 30+ assets by 2022.

Marami na akong nabasang libro at articles na dagdag kaalaman. Natutunan ko ang epekto ng inflation, interest rates, foreign exchange, import/export, BREXIT, trade war, atbp. Natutunan ko saan maganda mag-invest, sinong Developer, anong target market, etc. Natutunan ko paano mag-negotiate sa Developer, Bank, Architect, Interior Designer, Real Estate Broker, etc. para makakuha ng "best deal".

nubrid

Gusto ko bumili ng property pero kulang sa pera (o walang pera)

May property akong nakita na kapag nabili ko, ROI na agad the next month XD. Kailangan ko ng ~P400k pero wala akong pera... sagad na.

Solusyon:

Kumuha ako ng Personal Loan from CIMB. Binili ko yung property ^^^ tapos need ko lang bayaran yung S$180/mth for 5 years.

nubrid

Magsimula mag-invest habang paunlad pa lang

Good times for ?? ?. Summary:
2019 economic growth ? 5.9%; fastest in Asia & the world
2019 Inflation ⬇ 2.5%
International Reserves (GIR) highest level ever
Reversal of Balance of Payments (BOP) to a positive surplus
Capital Adequacy Ratio (CAR) @ 16%; twice int'l floor
Unemployment ⬇ 4.5%; lowest in history
Poverty ⬇ 16.6% (2018) from 23.3% (2015)
Target economic growth @ 6.5%-7.5% up to 2022
Timely passage of P4.1-trillion national budget
?? highest Total Factor Productivity (TFP); Best people to hire in Asia
??'s 2019 IMD World Competitiveness Report ? 46th from 50th
??'s World Bank Ease of Doing Business Report 2020 ? 95th from 124th
?? is 3rd best to invest (2019 CEO World Magazine)
Enhanced payment system thru InstaPay, PESONet, EGov Pay, National QR Code Standard
? scale Investment Grade Credit Rating targeted by 2020; now @ ???+

(Source)[https://www.facebook.com/nubrid.sword/posts/2555794931333528]

nubrid

The best time to invest in PH is N-O-W

Good times for ?? ?. Summary:
2019 economic growth ? 5.9%; fastest in Asia & the world
2019 Inflation ⬇ 2.5%
International Reserves (GIR) highest level ever
Reversal of Balance of Payments (BOP) to a positive surplus
Capital Adequacy Ratio (CAR) @ 16%; twice int'l floor
Unemployment ⬇ 4.5%; lowest in history
Poverty ⬇ 16.6% (2018) from 23.3% (2015)
Target economic growth @ 6.5%-7.5% up to 2022
Timely passage of P4.1-trillion national budget
?? highest Total Factor Productivity (TFP); Best people to hire in Asia
??'s 2019 IMD World Competitiveness Report ? 46th from 50th
??'s World Bank Ease of Doing Business Report 2020 ? 95th from 124th
?? is 3rd best to invest (2019 CEO World Magazine)
Enhanced payment system thru InstaPay, PESONet, EGov Pay, National QR Code Standard
? scale Investment Grade Credit Rating targeted by 2020; now @ ???+

(Source)[https://www.facebook.com/nubrid.sword/posts/2555794931333528]

nubrid

Sawa na ako sa sablay na MLM, Networking, Franchising, Stocks, atbp

I feel you... nagawa ko na yan lahat... mula Forever Living, Siomai Cart, Stocks, Forex, HYIP, etc.

Walang shortcut sa pag-unlad. Di po totoo ang passive income. Kailangan natin mag-aral, magbasa, makinig, mag-training, mag-seminar, maghanap ng coach.

Kahit may IT business nako at mga napundar na properties, kulang pa rin ang aking kaalaman. Kailangan kong matutong mag-negotiate, mag-sales, mag-raise capital, atbp.

Meron tayong dalawang choice: Risk to Fail o Fail to Risk. Walang namang risk kung magtatanong ka, kaya tanong lang XD

maya

hi nubrid, pwede mo ba ako sendan ng kahit isang amortization schedule ng personal loan dito sa sg?

nubrid

Hi @maya usually dito ako tumitingin. Just keep in mind the ff:

1. You should look at the EIR (effective interest rate) besides the interest rate.
2. Be careful of the wordings... e.g. up to vs guaranteed
3. Cashback is usually tiered & depends on approved loan amount
4. Loan amount per bank is up to 4x of salary
5. You don't always get a loan 4x of salary... sometimes, you're only approved up to 2x
6. Total loan from all financing institution is up to 12x of salary
7. If you max the loan 12x of salary, you should consider Debt Consolidation Plan
8. Once you check the link ^^^, do check their individual bank websites... e.g. I got a better promo visiting CIMB
9. Some offer free Processing Fee
10. It helps to provide COE (cert of employment) to increase credit limit. Don't settle with IRAS/CPF report.
11. You need credit card from the same bank in order to get a Personal Loan (same bank). Make sure the annual fee can be waived.

I personally like POSB (lowest rate) and HSBC (max is 7yrs) based on personal computation.

nubrid

Free Investment Training This Week

Lahat naman tayo may mga idolo sa iba't-ibang larangan sa buhay... ako rin!

Kung sino man gusto matuto 1st-hand sa mismong tao na nagturo sakin ng mga kalakaran sa pag-invest, PM me. Prepare your nose , kasi madugo ang mga topic... pero tiyak na worth it!

Tama na ang paglalaro sa MLM, networking, stocks, atbp. Saka na tayo magpauto sa mga screenshot ng cheques, sa mga testimonies na too good to be true, sa mga pangakong napapako.

^^^ I sound too cheesy, it makes me grin... sorry hah, I'm just too excited

nubrid

^^^ Huling araw ng training bukas pero...... I don't advice na um-attend, sorry . Masyado siya technical yung tipong "BSP cut interest by 25 basis point", "PH rating upgraded to BBB+", "prepare enough funds in case correction happens", "how to sell the moon" XD... nosebleed di ba?

In fairness, kapag natutunan mo ito ^^^, alam mo ang dapat gawin investment-wise kapag bumaba/tumaas inflation o interest rate, kailan dapat mag-loan o bumili ng mga assets, kailan ang susunod na Global Financial Crisis, atbp.

fibz07

Pwede ba mag loan dito sa SG banks kahit hindi ka PR or citizen?

nubrid

Yes, Personal Loan. Pero hindi lahat ng banks tsaka may limit. Mas magandang tawagan isa-isa para ma-check.

Bert_Logan

magkano naman pede i-loan?

nubrid

Up to x4 ng monthly salary. Pwede ka kumuha ng Personal Loan sa iba't-ibang banks totaling up to x12 ng monthly salary. Chances are up to x2 lang ng monthly salary makuha mong loan sa simula. Kuha ka lang ng loan from multiple banks.

Bert_Logan

wow pede pala ako maka utang ng 12K kaso baka naman kung saan ako pulutin nito...haisst

Pinay

Hi there,
Im interested for start up business..
Planning for 7/11 franchising..Any idea to share?

Thank you in advance

nubrid

@Pinay para matulungan kita, may mga questions lang ako:

1. Anu-ano mga investments mo so far?
2. Gaano kalaki ang current capital mo?
3. May experience ka na ba running a business?
4. Anong occupation mo dito sa SG?
5. Sino magma-manage ng business mo kung sakaling matuloy?
6. May prior experience ka ba sa Accounting, Taxation, Banking System, Real Assets, & Business?

Feel free to answer yung kumportable ka sagutin.