Business – Page 55 – Rock To Riches

On Buying a House – Invest in Stocks First or Get a Home Loan?

I received this question earlier this morning from a fellow forum member and blog follower (name withheld for security and privacy reasons):

“Hi Burn! I’d like to ask for advice if it’s ok with you. It’s about our plan to have a house of our own. We’re currently renting an apartment for P6,500/mo so we’re considering taking a Pag-ibig housing loan of 2M with a term of 30 years, 8% interest per annum and a monthly amortization of about P17,000. Actually, P17,000 is almost half of our monthly budget already so we’ll be sacrificing a lot, maybe even our monthly 20% allotted for buying stocks..

So do you think it is much better to just put the P17,000 monthly in stocks and just withdraw from it when it reaches 1-2 M? Maybe after 5-10 years given the interest is 10% p.a.? However, the prices of labor and materials might have gone up considerably by then..

The loan seems more attractive now as the house can be built with in 6 months to a year so we also won’t have to pay for the apartment rent once we’ve moved in.. Continue reading On Buying a House – Invest in Stocks First or Get a Home Loan?

Know the Company’s Fundamentals Before Investing

So you are itching to invest in the stock market. But you don’t know what stocks or companies to buy. You join various social media groups, circles, and forums and shout out:

“What are the best companies that you recommend for a newbie to buy?”

Then you get tons of answers from intelligent, experienced, inerrable investors and traders. Sometimes you get ditched. Sometimes you receive some sermons. And most of the time they intend to get you confused even more. Okay, not all the time. 😛

Before we proceed, I want to make it clear that this post is mainly intended for aspiring and new investors. Those who have 8-5 jobs or a small businesses and are serious with their chosen crafts. Those who don’t have time to time the market. And those who value their precious time with their spouses and children. Continue reading Know the Company’s Fundamentals Before Investing

OFW UsapangPiso Webinars: Innovative Real Estate Investing for OFWs

OFW UsapangPiso Forum brings you another FREE webinar event on May 2, 2013, Thursday at 10PM (Philippine time).

The online seminar will feature Ms. Maves Angeles, a real estate entrepreneur, specialist in foreclosed properties and other properties with motivated sellers to give OFW’s and their dependents an overview on…

1) How to find real estate/foreclosed properties
2) Funding your property investment
3) Fixing abandoned or delapidated houses and flipping it
4) How to earn from your property investment
5) Hear some real experiences in buying and selling properties

Maves is also a mentor of Truly Rich Club community about real estate investing topics. She honed her craft in real estate investing when she worked as the marketing officer for real estate guru, Dr. Larry Gamboa of Think Rich, Pinoy! She is currently the President of Happy Homes Realty Philippines which boasts of quality rent-to-own and developers’ properties in and around Metro Manila.

To register for the webinar, please go to this link: Registration – OFW UsapangPiso Anymeeting Channel

To log in at least 15 minutes before the webinar, please go to this link: http://www.anymeeting.com/usapangpiso1

What are the technical requirements?

To ensure that you’ll have the best experience in this webinar, it’s recommended that you connect through a stable broadband connection with a speed of at least 384 kbps.

For PC-based attendees, you need to run Windows 7, Vista, XP or 2003 Server. For the Mac-based people, you’ll need to have at least Mac OS X 10.5.

A webcam is NOT required but you will need audio. Using computer speakers are okay but a headset would be better so you can hear the voice more clearly with less background noise.

Email admin@pinoymundobiz.org for any problem with your connection or your registration. You may also SMS (only) Burn Gutierrez at (+63) 916 2953058 or call Kassy Pajarillo at (+63) 917 5540014 for the same concerns.

Happy learning!

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