Author Topic: Microcap Millionaire (Read 21491 times)

balong · « **Reply #100 on:** April 24, 2012, 09:29:52 AM »

bai lorenz,

nag pm ko ni mike from my gmail account, wa man mo tubag. basin busy pa. di pa seguro ka atubang aning atong issue. so cool off lang sa ta. hulat lang for further developments. hinaut unta nga dili ka ma usab lorenz. kay basta doktor, segurado man jud nga daku ug income. basin ma datu na ka, ma pareha ka sa ahong pag umangkon. sauna sa nag income pa sija ug $250000 kong maka bisita ko nija, wiktan dajon ko ug $500 para pang gasolina. karon nga mi asenso na, he is already the head of the corporation and making an income of more than a million bucks a year, wa na juy witik. na tihik na imbis na milyonaryo. maajo pa sauna medyo pobre pa kay maka hatag pa. karon wala na. mao nga dili na pod ko mamisita nija. busa lorenz, pag bantay jud nga dili pod ka ma usab. stay the sweet, loving and kind boy that you are...hihihihi

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islander · « **Reply #101 on:** April 24, 2012, 09:39:37 AM »

hinaot nga mopadayon lang unta ka sa imong tinguha, longlong tabilong. different strokes for different folks ra man ta ani. kun mao toy opinion ni hubag, puwes, it should not be enough to stop you or get you stung, right?

we're all honest people here with simple desires, and definitely with varying egos. so we make do with what we can do, regardless.

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balong · « **Reply #102 on:** April 24, 2012, 09:47:46 AM »

sa pagka tinood lang, sensitive ko kaajo nga pagka tawo, so as a way of saying goodbye, i will show my portfolio. mag pa sikat ba. kay ga pa sikat man kono ko

thanks islander for the assist for bucia. wish i could know you more but its time to say goodbye

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islander · « **Reply #103 on:** April 24, 2012, 10:05:12 AM »

as for your pag-umangkon nga nausab, duda ko nga nagtoo na siya nga milyonaryo na pod ka, mao nga mauwaw na siya mohatag ug $500.

hoy, longlong tabilong. ajaw diha pag-horror flick kay di ka si freddy kruger. si balongski ka. usa ka opinion motiklop ka na? hey, nabuhi ka ug ni-succeed more than you could imagine after you jumped ship, karon nga pasikat ra kunohay ang accusation sirhan na nimo imong payong?

kahibawo na man tingali ka nga dinhi sa tubagbohol walang sinasanto. that is what makes this forum a real exciting forum; no ego massaging, no ego massage is necessary or called for (that's for facebook, hehe). ajaw tawon himoang collateral damage ani si virgilio bucia.

goodbyes are for fools.

meanwhile, one can say goodbye so one can say hello again.

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islander · « **Reply #104 on:** April 24, 2012, 10:11:16 AM »

balik ko kadali bahin ug pag-umangkon...

naa sad bitaw koy pag-umangkon nga baye, tihikon gyod hinoon daan, pero makahiubos kay siya baya ang puhong nako sa gatubo pa kay kinaunhan lagi nga pag-umangkon. all i wish for is a little thoughtfulness karong mga guwang na mi. pila ra goy token kun pasko, just a little sign nga nahinumdoman pa ko. zero. aw, butangan bitaw nako.

maayo pa sa gapuyo pa mog balay ug kalapati kay thoughtful ka pa, ingon ko. namuypoy tawon nga iyang mangtas nga iyaan nibirada. nalooy lang pod ko. ingon tawon siya, unsa pa man tawoy angay niyang ihatag nako? tubag ko, kay unsa ba diay ning pasko, pang-charity ra? drowingi kog christmas card diha, o tagai ba kog tanom because it's the thought that counts, right?

di ra diay ikaw ang sensitive, balongski. hihihi.

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Raquelproud boholana · « **Reply #105 on:** April 24, 2012, 11:02:50 AM »

Daghan na tang sensitive ug naa pud koy pag umangkon ingon ana. May pa to sa una nga nagwork siya sa bookstore sa estudyante pa sa college kay kara sweldo di jud masipyat mopalit ug klase klaseng prutas karon nga nakahuman ug maayo na kaayo ug kahimtang bisan card wa ko kadawat pasalamat. Ingnon raman nuon ko wa na kono koy pangayuon pa kay naa na nako tanan. Di jud butang akong gipangayo kundi bisan snail mail once a year nalang unta wa jud.

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hubag bohol · « **Reply #106 on:** May 01, 2012, 10:25:18 PM »

Microcap stock fraud
From Wikipedia, the free encyclopedia

Microcap stock fraud is a form of securities fraud involving stocks of "microcap" companies, generally defined in the United States as those with a market capitalization of under $250 million. Its prevalence has been estimated to run into the billions of dollars a year. Many microcap stocks are penny stocks, which trade at below $1 a share.

Microcap stock fraud generally takes place among stocks traded on the OTC Bulletin Board and the Pink Sheets Electronic Quotation Service, stocks which usually do not meet the requirements to be listed on the stock exchanges. Some fraud occurs among stocks traded on the NASDAQ Small Cap Market, now called the NASDAQ Capital Market.

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hubag bohol · « **Reply #107 on:** May 01, 2012, 10:26:16 PM »

Microcap fraud encompasses several types of investor fraud:

Pump and dump schemes, involving use of false or misleading statements to hype stocks, which are "dumped" on the public at inflated prices. Such schemes involve telemarketing and Internet fraud.

Chop stocks, which are stocks purchased for pennies and sold for dollars, providing both brokers and stock promoters massive profits. Brokers are often paid "under the table" undisclosed payoffs to sell such stocks.

Dump and dilute schemes, where companies repeatedly issue shares for no reason other than taking investors' money away. Companies using this kind of scheme tend to periodically reverse-split the stock.

Other unscrupulous brokerage practices, including "bait and switch," unauthorized trading, and "no net sales" policies in which customers are prohibited or discouraged from selling stocks.

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hubag bohol · « **Reply #108 on:** May 01, 2012, 10:27:37 PM »

The "night singer of shares" sold stock on the streets
during the South Sea Bubble. Amsterdam, 1720.

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hubag bohol · « **Reply #109 on:** May 01, 2012, 10:28:27 PM »

http://en.wikipedia.org/wiki/South_Sea_Bubble

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hubag bohol · « **Reply #110 on:** May 01, 2012, 10:31:53 PM »

Microcap Stock: A Guide for Investors

Introduction

Information is the investor's best tool when it comes to investing wisely. But accurate information about "microcap stocks" â€” low-priced stocks issued by the smallest of companies â€” may be difficult to find. Many microcap companies do not file financial reports with the SEC, so it's hard for investors to get the facts about the company's management, products, services, and finances. When reliable information is scarce, fraudsters can easily spread false information about microcap companies, making profits while creating losses for unsuspecting investors.

In the battle against microcap fraud, the SEC has toughened its rules and taken actions against wrongdoers, but we can't stop every microcap fraud. We need your help in winning the battle. Before you consider investing in a microcap company, arm yourself first with information. This alert tells you about microcap stocks, how to find information, what "red flags" to consider, and where to turn if you run into trouble.

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hubag bohol · « **Reply #111 on:** May 01, 2012, 10:32:18 PM »

What Is a Microcap Stock?

The term "microcap stock" applies to companies with low or "micro" capitalizations, meaning the total value of the company's stock. Microcap companies typically have limited assets. For example, in cases where the SEC suspended trading in microcap stocks, the average company had only $6 million in net tangible assets â€” and nearly half had less than $1.25 million. Microcap stocks tend to be low priced and trade in low volumes.

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hubag bohol · « **Reply #112 on:** May 01, 2012, 10:32:51 PM »

Where Do Microcap Stocks Trade?

Many microcap stocks trade in the "over-the-counter" (OTC) market and are quoted on OTC systems, such as the OTC Bulletin Board (OTCBB) or the "Pink Sheets."

OTC Bulletin Board The OTCBB is an electronic quotation system that displays real-time quotes, last-sale prices, and volume information for many OTC securities that are not listed on the Nasdaq Stock Market or a national securities exchange. Brokers who subscribe to the system can use the OTCBB to look up prices or enter quotes for OTC securities. Although the FINRA oversees the OTCBB, the OTCBB is not part of the Nasdaq Stock Market. Fraudsters often claim that an OTCBB company is a Nasdaq company to mislead investors into thinking that the company is bigger than it is.

The "Pink Sheets" The Pink Sheets â€” named for the color of paper on which they've historically been printed â€” are listings of price quotes for companies that trade in the over-the-counter market (OTC market). "Market makers" â€” the brokers who commit to buying and selling the securities of OTC issuers-can use the pink sheets to publish bid and ask prices. A company named Pink Sheets LLC, formerly known as the National Quotation Bureau, publishes the pink sheets in both hard copy and electronic format. Pink Sheets LLC is not registered with the SEC as a stock exchange, nor does the SEC regulate its activities.

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hubag bohol · « **Reply #113 on:** May 01, 2012, 10:33:43 PM »

How Are Microcap Stocks Different From Other Stocks?

Lack of Public Information The biggest difference between a microcap stock and other stocks is the amount of reliable, publicly available information about the company. Larger public companies file reports with the SEC that any investor can get for free from the SEC's website. Professional stock analysts regularly research and write about larger public companies, and it's easy to find their stock prices in the newspaper. In contrast, information about microcap companies can be extremely difficult to find, making them more vulnerable to investment fraud schemes.

No Minimum Listing Standards Companies that trade their stocks on major exchanges and in the Nasdaq Stock Market must meet minimum listing standards. For example, they must have minimum amounts of net assets and minimum numbers of shareholders. In contrast, companies on the OTCBB or the Pink Sheets do not have to meet any minimum standards.

Risk While all investments involve risk, microcap stocks are among the most risky. Many microcap companies tend to be new and have no proven track record. Some of these companies have no assets or operations. Others have products and services that are still in development or have yet to be tested in the market. Another risk that pertains to microcap stocks involves the low volumes of trades. Because microcap stocks trade in low volumes, any size of trade can have a large percentage impact on the price of the stock.

More at: http://www.sec.gov/investor/pubs/microcapstock.htm

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balong · « **Reply #114 on:** May 02, 2012, 12:06:09 AM »

thank you hubag for sharing your knowledge w/ us. penny stocks is the most dangerous game to play. sa aho nang giingon ninjo, bisan usa ka sako pa imong pohonan, tilapan lang. mahurot jud dajon. i lost more than $200,000 betting on penny stocks until i learned how to play this game. ang kina dali-an nga sapi-an nimo mao ang pump and dump stocks. tuju-on ug pasaka sa mga promoter ang presyo pagka human himolbolan na. inig saka sa presyo tungod kay daghan nang mamalit ipa maligja dajon nila ang ilang mga shares. ang mga promoter maoy dagko ang ganansya. ang mga gagmay nga investor pareha naho maoy mag bago sa arkanse. hangtod naka mao ra ko na dugay. ride on dajon basta naay stock i promote unja sibat dajon. di na ko mo huwat pa ug dakong ganansya. maneguro lang ko ug ginagmay kay dili man nimo mahibaw-an anus-a i dump ang stock. pero naa poy mga penny stocks nga genuine. kong maka tonong ka ani, you can have your millions in just a few years. pareha aning LUXR, nag sugod lang ni sija at 2 cents last year. naka dawat ko sa tip tag 50 cents na ang share price. now it is playing at more than. $1 a share. kong ahong ibaligja ang ahong mga shares sa LUXR, maka sapi na ko. but i am holding this for the long term. mo sigi pa jud ug saka ang price ani.

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balong · « **Reply #115 on:** May 02, 2012, 12:09:27 AM »

Mr. Hubag,

Would you mind telling us what stocks you have. Maybe you hold blue chips

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balong · « **Reply #116 on:** May 02, 2012, 04:15:09 AM »

mag himo ta ug portfolio para ni ISLANDER. let us begin with $500. ato lang paka tolgon ni. dili nato i trade. invest lang

12:57
florida time
4/17/12

LUXR

we buy LUXR at $1.16 we have 431 shares

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balong · « **Reply #117 on:** May 02, 2012, 04:16:04 AM »

LUXR

Bid/Size
1.30 / 2,500
Ask/Size
1.32 / 1,500
Price Open
1.22
Previous Close
1.22
Day High
1.35
Day Low
1.16
52wk High/Date
1.62 / 4/25/2012
52wk Low/Date
0.0294 / 8/4/2011

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balong · « **Reply #118 on:** May 02, 2012, 04:26:02 AM »

ISLANDER PORTFOLIO

LUXR closed today at 1.31. kong ibaligja ni islander ang ijang shares naa sijay halin nga $564 . naa sijay ganansya nga $64 in 2 weeks from her capital of $500. but we are not selling her shares mo saka man o mo os-os ang presyo kay INVESTMENT man ni. dili man ni TRADE

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alycxs · « **Reply #119 on:** May 02, 2012, 10:48:09 AM »

Daghan na tang sensitive ug naa pud koy pag umangkon ingon ana. May pa to sa una nga nagwork siya sa bookstore sa estudyante pa sa college kay kara sweldo di jud masipyat mopalit ug klase klaseng prutas karon nga nakahuman ug maayo na kaayo ug kahimtang bisan card wa ko kadawat pasalamat. Ingnon raman nuon ko wa na kono koy pangayuon pa kay naa na nako tanan. Di jud butang akong gipangayo kundi bisan snail mail once a year nalang unta wa jud.

Ms. Isles and Raquel, dli mani ako sa pag defend kay wala man ko kaila sa inyong mga pag-umangkon, pero siguro, karon nga daghan-daghan na ug kwarta, daghan nasad ug bills ug mga utang ba. Daghan nasad kaayo ug gikalingawan. Naa lang gyud siguro mga taw nga ing-ana pud nga wala gyud siguro nasulod sa ilang utok ug wala sad nakatambag.

Sa akong experience, sa ako pay college, bisan gamay ra kog kwarta, wala man koy balayronon so akong kwarta, ako ra gyud. Buhong kaayo ang mga kinugos kay wala may laing gikalingawan si "mommy ging-ging". Karon nga daghan2 na ug sulod akong wallet, daghan naman sad naka budget daan. Unya, ug wala nakabutang sa calendar ang mga bday, anniv ug uban pa, mawala sa passing, bisan card, dli tawn ko makapadala tungod sa ka hectic sa akong sked. trabaho pa, maid pa gyud sa balay, nya skwela pa jud pakapin.

Basin lang pud wala na realize nila ba. kuwangan lang pud siguro ug tambag nga pina discreet. :-)

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alycxs · « **Reply #120 on:** May 02, 2012, 11:00:10 AM »

Hubs and Balong,

when you think of making millions, the first thing that comes to my mind is real estate. ( Donald Trump, Robert Kiyosaki, Carlton Sheets...) Lots of people made their money elsewhere too but the easiest and most solid, in my humble opinion is real estate. Remember, in Abraham Maslow's pyramid, shelter aka housing is a basic need.

its a matter of arithmetic. Buy low, sell high. It works even in good old Bohol and its oh so simple that its easy to understand. My first deal, we got the house at $57k, it appraised at $115, we put $25k improv on it and we rent it out for $1k/mo and pay the bank $600. No money down, full financing, including repairs and improvements. We get a check every month for doing NOTHING. really. its hard work for the 2 months your getting the deal done and renovating. After that, you just wait for your check in the mail. $300 extra after note service may be small but its still $300 you didn't lift a finger to earn. No watching the market, no reading the newspapers everyday. Most of all, if something breaks, get a hammer and fix it.Or hire someone and get a tax break via business expense. The last one I closed yesterday. got it for $49k, sold for $86k, didn't do anything to the house. just $300 of yardwork and utilities. Its not gonna make you an instant millionaire, but heck, if you've already made 6 figures for the first 3 months of the year on just 3 houses, I'm happy. :-)

Bitaw, not trying to put you down Balong. Just MicroCap is just too darn complicated and so much room for error, fraud and speculation. Its too scary for most people. Its something you can't touch or hold or be happy to hang on to because you never know how the value will do on the day to day. If becoming a millionaire is your goal, Real Estate is a much safer and better bet. Why else does cable TV have so many shows involving fixing and flipping houses ? :-)

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Lorenzo · « **Reply #121 on:** May 02, 2012, 11:13:17 AM »

Hubs and Balong,

when you think of making millions, the first thing that comes to my mind is real estate. ( Donald Trump, Robert Kiyosaki, Carlton Sheets...) Lots of people made their money elsewhere too but the easiest and most solid, in my humble opinion is real estate. Remember, in Abraham Maslow's pyramid, shelter aka housing is a basic need.

its a matter of arithmetic. Buy low, sell high. It works even in good old Bohol and its oh so simple that its easy to understand. My first deal, we got the house at $57k, it appraised at $115, we put $25k improv on it and we rent it out for $1k/mo and pay the bank $600. No money down, full financing, including repairs and improvements. We get a check every month for doing NOTHING. really. its hard work for the 2 months your getting the deal done and renovating. After that, you just wait for your check in the mail. $300 extra after note service may be small but its still $300 you didn't lift a finger to earn. No watching the market, no reading the newspapers everyday. Most of all, if something breaks, get a hammer and fix it.Or hire someone and get a tax break via business expense. The last one I closed yesterday. got it for $49k, sold for $86k, didn't do anything to the house. just $300 of yardwork and utilities. Its not gonna make you an instant millionaire, but heck, if you've already made 6 figures for the first 3 months of the year on just 3 houses, I'm happy. :-)

Bitaw, not trying to put you down Balong. Just MicroCap is just too darn complicated and so much room for error, fraud and speculation. Its too scary for most people. Its something you can't touch or hold or be happy to hang on to because you never know how the value will do on the day to day. If becoming a millionaire is your goal, Real Estate is a much safer and better bet. Why else does cable TV have so many shows involving fixing and flipping houses ? :-)

I like this saying, "Buy Low, Sell High". This is actually taught in Strategic Business Management.

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chicogon · « **Reply #122 on:** May 02, 2012, 11:13:46 AM »

Kamo sa lang anang microcap-microcap ug unsa pa diha, maninghag sa lang kog ma Domingo unja mangolekta inig human, bwahahaha. Hinay2x-hinay basta kanunya, kung sa ininsik pa hehehe

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Lorenzo · « **Reply #123 on:** May 02, 2012, 11:14:13 AM »

bai lorenz,

nag pm ko ni mike from my gmail account, wa man mo tubag. basin busy pa. di pa seguro ka atubang aning atong issue. so cool off lang sa ta. hulat lang for further developments. hinaut unta nga dili ka ma usab lorenz. kay basta doktor, segurado man jud nga daku ug income. basin ma datu na ka, ma pareha ka sa ahong pag umangkon. sauna sa nag income pa sija ug $250000 kong maka bisita ko nija, wiktan dajon ko ug $500 para pang gasolina. karon nga mi asenso na, he is already the head of the corporation and making an income of more than a million bucks a year, wa na juy witik. na tihik na imbis na milyonaryo. maajo pa sauna medyo pobre pa kay maka hatag pa. karon wala na. mao nga dili na pod ko mamisita nija. busa lorenz, pag bantay jud nga dili pod ka ma usab. stay the sweet, loving and kind boy that you are...hihihihi

Thanks for the kind and colorful advice, Bai Balong.

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balong · « **Reply #124 on:** May 03, 2012, 02:42:40 PM »

Kamo sa lang anang microcap-microcap ug unsa pa diha, maninghag sa lang kog ma Domingo unja mangolekta inig human, bwahahaha. Hinay2x-hinay basta kanunya, kung sa ininsik pa hehehe

that's the way to go padre. wa juy sipyat nang imong negosyo.....LOL

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balong · « **Reply #125 on:** May 03, 2012, 02:58:35 PM »

Miss Waffa

I'm glad you are making good in real estate Miss Waffa. OK lang ang real estate but it's too slow for me. It takes months and years for your money to grow. But if you flip houses you beat me. Kay maka kwarta man ka dajon nga segurado. Gusto ko ma milyonaryo dajon kay wanggits na man ko. ajo man ka kay bata pa man ka. you have all the time in the world. Pero depende lagi pod na sa LOCATION. maka palit ka ug balay sa detroit for as low as $600. the average price of a house there is $6000. but you will not buy a house in detroit. here in florida you could buy land at a thousand an acre 20 yrs. ago. now you can sell it for 15 thousand an acre. but it took so many years. i make thousands in a few hours of trading. KONG swertehon. what i basically do in microcaps is GAMBLING. kong malason pod ka, aguroy, aguroy. mao nga wa naho ibutang ug microcaps ang PALAWAN PAWNSHOP PORTFOLIO. lisod i sugal ang kwarta sa kaponongan.

Im happy for you miss waffa. BUY LOW, SELL HIGH. thats the thing. ahong mga amigo nga milyonaryo bought their houses in bella lago , kissimmee , florida at the height of the housing bubble. when the bubble burst, gi pa foreclose na lang nila ang ilang mga balay. they bought high and sold low.

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balong · « **Reply #126 on:** May 03, 2012, 02:59:42 PM »

Thanks for the kind and colorful advice, Bai Balong.

You are welcome Bai Lorenz

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balong · « **Reply #127 on:** May 03, 2012, 03:14:17 PM »

ALYCXS,

The last one I closed yesterday. got it for $49k, sold for $86k, didn't do anything to the house. just $300 of yardwork and utilities. Its not gonna make you an instant millionaire, but heck, if you've already made 6 figures for the first 3 months of the year on just 3 houses, I'm happy. :-)

WOW. 3 months lang you already made 6 figures. you must make an astronomical sum in 1 yr. holy molly....

Im glad i wrote this topic. nang gawas na jud ang tinood nga mga milyonaryong boholana pareha ni raquel ug miss waffa. im only a mini millionaire, mini nga milyonaryo. baho pa ko sa tae.

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xayoj14 · « **Reply #128 on:** May 03, 2012, 03:47:36 PM »

how do we do this?
is this through stock trading?

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balong · « **Reply #129 on:** May 03, 2012, 05:41:54 PM »

how do we do this?
is this through stock trading?

you can do stock trading online. try www.scottrade.com. you can start w/ a minimum capital of $500.

to buy and sell houses like what ALYCXS is doing, you've got to have thousands and thousands of dollars

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hubag bohol · « **Reply #130 on:** May 03, 2012, 09:43:09 PM »

Mr. Hubag,

Would you mind telling us what stocks you have. Maybe you hold blue chips

I'm just a dumb old fool. I know nothing about these things. Somebody manages my little money for me.

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hubag bohol · « **Reply #131 on:** May 03, 2012, 09:45:57 PM »

Gusto ko ma milyonaryo dajon kay wanggits na man ko.

Hmm, you're hoping to go in style, as in inside a diamond-studded coffin?

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balong · « **Reply #132 on:** May 03, 2012, 09:47:19 PM »

Hmm, you're hoping to go in style, as in inside a diamond-studded coffin?

sure. why not.....lol

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balong · « **Reply #133 on:** May 03, 2012, 09:48:38 PM »

I'm just a dumb old fool. I know nothing about these things. Somebody manages my little money for me.

if you are a dumb old fool, then stop posting on things you dont know anything about

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hubag bohol · « **Reply #134 on:** May 03, 2012, 09:51:28 PM »

Kamo sa lang anang microcap-microcap ug unsa pa diha, maninghag sa lang kog ma Domingo unja mangolekta inig human, bwahahaha. Hinay2x-hinay basta kanunya, kung sa ininsik pa hehehe

He he, bitaw. Kanang buot mamilyonaryo bisag wanggits na, pasagdahi na lang sila with their unresolved hang-ups. Come to think of it, pila ra guy yellowfin tuna sashimi...

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hubag bohol · « **Reply #135 on:** May 03, 2012, 09:52:09 PM »

if you are a dumb old fool, then stop posting on things you dont know anything about

You can say that again, wise man...

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hubag bohol · « **Reply #136 on:** May 03, 2012, 09:53:17 PM »

sure. why not.....lol

Careful. You might get what you wish...

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chicogon · « **Reply #137 on:** May 04, 2012, 01:11:48 AM »

Nia na sad ang mga hilig magpagilok sa kalimutaw... just stay on a decent level hehehe

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islander · « **Reply #138 on:** May 04, 2012, 02:03:23 AM »

maayo gani kay di ta dinhi mahimong magsabunotay. dugay ra untang nahurot ning bunot sa akong ulo.

magkita ning duha tagay man gyoy linugdangan ani ba. pinot noir, ha? puro na man lang gyod mo mga milyonaryo... puwede pod hennessy xo.

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chicogon · « **Reply #139 on:** May 04, 2012, 05:29:38 AM »

Sa tinuod I envy those who know how to save or invest their hinaguan (for the rainy days) kay sa tinuod gyod (1) wala jod koy hanaw ani and (2) I can't seem to test the waters aning mga butanga kay sige ko purdoy. Igo ra gyod ko maka save enough for my yearly recreation (going home and spending-spree for a month hehehe). Sa tinuod I'd rather spend my money for something worthwhile (helping family, taking care of my house in Bohol, sending nephews, nieces and others to school, travel, food, etc) before it's too late kay hadlok ko naay mahitabo nako unya sayang kung di magamit akong hinaguan. Maka-save baya ko ( and I consider that self-investment) since most of my ameneties are already free. Not much but more than I need.

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alycxs · « **Reply #140 on:** May 04, 2012, 10:41:56 AM »

Sa tinuod I envy those who know how to save or invest their hinaguan (for the rainy days) kay sa tinuod gyod (1) wala jod koy hanaw ani and (2) I can't seem to test the waters aning mga butanga kay sige ko purdoy. Igo ra gyod ko maka save enough for my yearly recreation (going home and spending-spree for a month hehehe). Sa tinuod I'd rather spend my money for something worthwhile (helping family, taking care of my house in Bohol, sending nephews, nieces and others to school, travel, food, etc) before it's too late kay hadlok ko naay mahitabo nako unya sayang kung di magamit akong hinaguan. Maka-save baya ko ( and I consider that self-investment) since most of my ameneties are already free. Not much but more than I need.

My Auntie calls this "Investing in Memories" kini dili jud makawat. Ang kwarta, makit-an ra kung mosukol ka sa kahago, bilar ug antos, pero kung ang mga tawo nga importante sa imong kinabhi mawala na, wala gyuy kantidad sa wawarts pwedeng maka balik nila. Kami sa akong bana, we try to conserve and live way below our means. We forgo the toys, the bigger house, nicer cars to conserve our money. But when it comes to family, our parents (both) and neices and nephews, as long as reasonable, then we don't get miserly. Of course, we treat ourselves too . A quick cruise to Mexico, my yearly trip to visit Mama and Papa in Bohol, his trips to Florida. What's the point in getting rich quick if you're miserable when you can be very comfortable and happy instead. :-)

Hinay-hinay basta kanunay

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Lorenzo · « **Reply #141 on:** May 04, 2012, 12:04:53 PM »

I like to read about stocks and bonds, pero, for me, the best way lang is to place your money in CD and Time Savings.

As what Alice and Father Roel said, "Hinay Hinay, basta kanunay..."

I don't like to gamble, and don't like to take chances in losing money. Money is not easily earned, and is very difficult to acquire, for many it may come easy, but for me, money is hard earned. By placing your earnings in your Checking account, Savings account and in TIME SAVINGS/ CD accounts, as well as tracking all your financial transactions, one can be on the road to financial security. By securing your spending habits, and making sure you don't spend more than what you have, and take the strategic, tactical and operational initiative to invest your money in secure institutions (ergo, banking systems), one can safeguard one's Financial Success.

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Lorenzo · « **Reply #142 on:** May 04, 2012, 12:33:33 PM »

My Auntie calls this "Investing in Memories" kini dili jud makawat. Ang kwarta, makit-an ra kung mosukol ka sa kahago, bilar ug antos, pero kung ang mga tawo nga importante sa imong kinabhi mawala na, wala gyuy kantidad sa wawarts pwedeng maka balik nila. Kami sa akong bana, we try to conserve and live way below our means. We forgo the toys, the bigger house, nicer cars to conserve our money. But when it comes to family, our parents (both) and neices and nephews, as long as reasonable, then we don't get miserly. Of course, we treat ourselves too . A quick cruise to Mexico, my yearly trip to visit Mama and Papa in Bohol, his trips to Florida. What's the point in getting rich quick if you're miserable when you can be very comfortable and happy instead. :-)

Hinay-hinay basta kanunay

Correct ! Spending wisely is better than spending frivolously.

Many doctors in the United States make over $400,000 - $500,000 per annum and because of this, they spend frivolously. Purchasing mansions, beach homes, yachts, and sports cars. They make a lot, but they also spend A LOT. This is the problem when one makes a lot of money, one tends to spend A LOT. In order to retain one's earnings, one should control the spending. Invest 1/2 of one's yearly earnings into a time savings/ cd.

For me, if one can invest that $400,000 income into the proper bank, one can be a millionaire within 2-3 years. Within 10 years, a doctor can already be secured for the rest of his/ her life. Without the need to invest in stocks.

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Lorenzo · « **Reply #143 on:** May 04, 2012, 12:45:23 PM »

I have a good friend, who was my college roommate, and is currently a Financial Analyst at Goldman Sachs; since he graduated from college and worked for GS, he's saved 1/2 of his yearly salary. His salary is $95,000 a year. He's been working since 2007. So for the past 5 years, he's saved half of his yearly income. At his age of 26, he has over $300,000 saved.

He makes $95,000, but only uses half of that. The rest he puts into his savings.

That is an example of financial security through proper 'investing'.

At this rate, by the time he is in his early 30's, he will be a millionaire.

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alycxs · « **Reply #144 on:** May 04, 2012, 01:33:46 PM »

Lorenzo, what you say is right. It is definitely what my Mama and Papa had planned and done. When my Papa lost his job due to his illness, they went from living very comfortably to living on only 1/8th of the former income. If my parents were in perfect health, they wouldn't be in trouble, but seeing as health insurance is almost non-existent in the PI. (yeah, I know, there's some sorry form of it), they struggle from time to time. Good thing I'm blessed to have a good job so I can help out.

Mama is very cautious. From when I was little, they saved and invested in lots. Its not very liquid, I know, but it sure helped out in a pinch as collateral to the bank. She also invested in Marcela Bonds from Plaza Marcela which used to earn 10% per year and gave her a 6% commission discount. Through the years, there was Forever Living, PhilKraft, DXN...name it, my Mama tried it and didn't work out too well. Always fell back to Marcela Bonds and her regular government job. Papa on the other hand, made lots of money as a sea man captain. He spent a lot too, if not for Mama's constant nag to save. Which he did. grudgingly.

The point to this story is that, with risk comes reward. Its just a matter of what kind of risk are we comfortable with.

When I was 18, Papa gave me $100 for my Christmas present. At that time, the exchange rate was P55 to $1. I promptly took all the money and invested it in Plaza Marcela. Unfortunately, from 10% interest a year, it fell to 6%. Sucks but when you consider most banks only pay 2% at most 4% for savings, I was still ahead. I then used the credit line that came with the bond and the 6% interest to get the things I wanted with 3 months to pay it back while earning interest.

In thesame year, my math teacher from HNU (shameless forgot her name), lent me a copy of Robert Kiyosaki's Rich Dad, Poor Dad. It gave me a whole new perspective on investment, passive income and consumption. Man, I see her face in my mind, I can't remember her name. She had wanted to recruit me in a pyramid numismatic gold coin business, but she ended up inspiring me to do the Marcela Bonds and indirectly, what I'm doing today. Flipping houses, Remodelling and renting out foreclosed homes we bought, and even branching out to ICM Bonds and adding to my Marcela Bonds.

Hinay-hinay lang gud. It will get there. I tried DXN MLM selling coffee and what have you. Didn't make too much but at age 19 and making around P5,000 in 2002, that was pretty good. I think. I also tried skin botanicals MLM, but all soaps. Not much, around an extra P2000 tops a month. still not bad for a 19yo. My Marcela Bonds grew from P5,000 to P8,000 in 8 years that I left it alone. P375 a year, without doing anything. Nothing to write home about but still, effortless money is effortless money. It could've made more probably if I was there managing the POs and collecting but its ok. I did add a little bit to Marcela Bond and started an ICM bond too. Still ahead of the banking and savings rate. It will take time to grow but its still earning passive income.

All the rent houses we have are passive income too...after the initial 2-3 months worth of work(meaning supervising the contractor). This leaves me with time to spend with Ryan, keep house, call Pinas every other day, call Auntie, cousins telebabad...and have time to dedicate to our HomeVestors franchise and flipping houses. Yep, also time for going back to school to get my second major. hehehe ! Bahala ug tag 2-3 subjects ra. Hinay-hinay, mahuman ra lagi ni puhon. On the upside...I get to go to Bohol every year. Twice on a good year. hehe ! I'm happy.

I guess if Mama's risk tolerance is 2 from a range of 1-10, mine is around 5-6....sir Balong's is at 10. IMHO. those things he's talking about scare me stiff. I'm likely to lose everything.

Hopefully, someday, when Ryan and I get old, we won't have thesame problems my Mama and Papa have with just relying on their savings and getting into tight spots over medical bills and emergencies. I'm praying we'll have enough to be comfy for the rest of our lives and have some left over for the kids to fight over our graves ahahaah ! bahala ug dli diamond coffin. kanang kahoy ra gud para fertilizer apil. :-)

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Lorenzo · « **Reply #145 on:** May 04, 2012, 02:17:39 PM »

Lorenzo, what you say is right. It is definitely what my Mama and Papa had planned and done. When my Papa lost his job due to his illness, they went from living very comfortably to living on only 1/8th of the former income. If my parents were in perfect health, they wouldn't be in trouble, but seeing as health insurance is almost non-existent in the PI. (yeah, I know, there's some sorry form of it), they struggle from time to time. Good thing I'm blessed to have a good job so I can help out.

Mama is very cautious. From when I was little, they saved and invested in lots. Its not very liquid, I know, but it sure helped out in a pinch as collateral to the bank. She also invested in Marcela Bonds from Plaza Marcela which used to earn 10% per year and gave her a 6% commission discount. Through the years, there was Forever Living, PhilKraft, DXN...name it, my Mama tried it and didn't work out too well. Always fell back to Marcela Bonds and her regular government job. Papa on the other hand, made lots of money as a sea man captain. He spent a lot too, if not for Mama's constant nag to save. Which he did. grudgingly.

The point to this story is that, with risk comes reward. Its just a matter of what kind of risk are we comfortable with.

When I was 18, Papa gave me $100 for my Christmas present. At that time, the exchange rate was P55 to $1. I promptly took all the money and invested it in Plaza Marcela. Unfortunately, from 10% interest a year, it fell to 6%. Sucks but when you consider most banks only pay 2% at most 4% for savings, I was still ahead. I then used the credit line that came with the bond and the 6% interest to get the things I wanted with 3 months to pay it back while earning interest.

In thesame year, my math teacher from HNU (shameless forgot her name), lent me a copy of Robert Kiyosaki's Rich Dad, Poor Dad. It gave me a whole new perspective on investment, passive income and consumption. Man, I see her face in my mind, I can't remember her name. She had wanted to recruit me in a pyramid numismatic gold coin business, but she ended up inspiring me to do the Marcela Bonds and indirectly, what I'm doing today. Flipping houses, Remodelling and renting out foreclosed homes we bought, and even branching out to ICM Bonds and adding to my Marcela Bonds.

Hinay-hinay lang gud. It will get there. I tried DXN MLM selling coffee and what have you. Didn't make too much but at age 19 and making around P5,000 in 2002, that was pretty good. I think. I also tried skin botanicals MLM, but all soaps. Not much, around an extra P2000 tops a month. still not bad for a 19yo. My Marcela Bonds grew from P5,000 to P8,000 in 8 years that I left it alone. P375 a year, without doing anything. Nothing to write home about but still, effortless money is effortless money. It could've made more probably if I was there managing the POs and collecting but its ok. I did add a little bit to Marcela Bond and started an ICM bond too. Still ahead of the banking and savings rate. It will take time to grow but its still earning passive income.

All the rent houses we have are passive income too...after the initial 2-3 months worth of work(meaning supervising the contractor). This leaves me with time to spend with Ryan, keep house, call Pinas every other day, call Auntie, cousins telebabad...and have time to dedicate to our HomeVestors franchise and flipping houses. Yep, also time for going back to school to get my second major. hehehe ! Bahala ug tag 2-3 subjects ra. Hinay-hinay, mahuman ra lagi ni puhon. On the upside...I get to go to Bohol every year. Twice on a good year. hehe ! I'm happy.

I guess if Mama's risk tolerance is 2 from a range of 1-10, mine is around 5-6....sir Balong's is at 10. IMHO. those things he's talking about scare me stiff. I'm likely to lose everything.

Hopefully, someday, when Ryan and I get old, we won't have thesame problems my Mama and Papa have with just relying on their savings and getting into tight spots over medical bills and emergencies. I'm praying we'll have enough to be comfy for the rest of our lives and have some left over for the kids to fight over our graves ahahaah ! bahala ug dli diamond coffin. kanang kahoy ra gud para fertilizer apil. :-)

Alice,

I read your posting top to bottom 3 times, and would like to say that maayo gajod nga hilig imohang mama mo tigomtigom. It is so very important to save, Alice, because in the case of health issues and the unexpected challenges that life sends our way, its always good to have something to lean back onto; financial security helps.

I empathize for your parents and the health issues they have, but what is evident is that they raised a child that is capable of steering her own ship's wheel (just like your father who was a sea captain) in terms of fiscal responsibility. I also like your phrase, "Hinay hinay basta kanunay..." kai tinuod gajod na. The best growth is a steady, and gradual growth, okey lang if ma dugay, basta mo grow. It is commendable that you help your parents and your family and give back to those who are important in your life. In the end, it reminds us that it really is not the money one made in life, but the teaching and the transmission of character to your children. The success of one's child is the crowning glory of parents.

Keep up your good work in helping your parents ! May God bless you !

Additionally, good job on going back to school and finishing up your second major. Mao na ! Investing in the best thing -- education. That is something that no one can ever take away.

PS. What are you studying right now?

Sincerely,
Lorenzo

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alycxs · « **Reply #146 on:** May 04, 2012, 02:22:23 PM »

Lorenz, I'm taking up Supply Chain Management, hoping to specialize in Sourcing and Energy Management. Its still in Business School but with a lot of technical stuff into it. Relatively new, but very exciting. Its very suitable for women who love bargain hunting. aka...shopping LOL

Thank you for your praise, you are too generous.

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Lorenzo · « **Reply #147 on:** May 04, 2012, 02:38:35 PM »

Advancing one's educational expertise is always a good strategy, Alice. In this world, it is beneficial to acquire further education. Keep it up gajod. I am a big supporter of educational investment. Kai, if one wants to invest in something, the best place to start is in investing in oneself.

Padayon!

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chicogon · « **Reply #148 on:** May 04, 2012, 03:06:40 PM »

Very commendable style (or philosophy) Alycxs. It takes real wisdom and guts to do what you've done (savings bonds). I know of someone very close to me who invests with savings bonds (sa una para sa iyang mga anak and later for grand kids) - doing it in the last 60-70 years. It really takes patience but it's always a sure bet, close to Lorenzo's style (CDs and Savings). Of course, the more risk you take, the bigger possibilities/potential it would usher one (good or bad)... sa dunay guts ra gyod na and those with a little to spare. These are all commendable especially if you hit big time (and they will call you a visionary for that). If not, mohiganhawa lag lalom and whisper, "Oh, well... I tried." Like many in life, it's a gamble. And only gamblers win (at times). But for most people... hoping na lang to stay healthy para wala kaayoy gastos... and kakha tuka, too (living from check to check), hoping to limit expenditures to the minimum/one's basic needs. And to the less fortunate, aw, Ginoo na lang pod bahala nila, hehehe. I'm sure there's enough for all of us.

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Lorenzo · « **Reply #149 on:** May 04, 2012, 03:09:09 PM »

Very commendable style (or philosophy) Alycxs. It takes real wisdom and guts to do what you've done (savings bonds). I know of someone very close to me who invests with savings bonds (sa una para sa iyang mga anak and later for grand kids) - doing it in the last 60-70 years. It really takes patience but it's always a sure bet, close to Lorenzo's style (CDs and Savings). Of course, the more risk you take, the bigger possibilities/potential it would usher one (good or bad)... sa dunay guts ra gyod na and those with a little to spare. These are all commendable especially if you hit big time (and they will call you a visionary for that). If not, mohiganhawa lag lalom and whisper, "Oh, well... I tried." Like many in life, it's a gamble. And only gamblers win (at times). But for most people... hoping na lang to stay healthy para wala kaayoy gastos... and kakha tuka, too (living from check to check), hoping to limit expenditures to the minimum/one's basic needs. And to the less fortunate, aw, Ginoo na lang pod bahala nila, hehehe. I'm sure there's enough for all of us.

Amen, Father R! As they say, "If you've got health, you've got wealth."

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Lorenzo · « **Reply #150 on:** May 04, 2012, 03:14:14 PM »

Reading this thread, I can't help but remember a conversation I had with my Lolo Ciano back in 2010. It was my birthday when my lolo came up and told me something that I will never forget. So i have committed it to memory; that and the fact that what he said made us both laugh (very hard!). Jokester jokester man gud ni si Lolo uy!

He said to me (in his very soft and grandfatherly voice), "Ondoy BranBran, ajaw gajod pagastogasto daghan kai dali ra ma wa ang kuwarta. If you got no money, den you got no honey. No money, no honey!" bwahahahaha!

Perting katawa gajud mi duha.

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Lorenzo · « **Reply #151 on:** May 04, 2012, 03:35:43 PM »

Sometimes, one can be wealthy within oneself and not according to outward appearance or outward riches. This is, indeed, true. Sometimes we tend to compare ourselves to how much others make, what kind of car others drive, how big others' houses are etc etc. But the true wealth is in how you feel content with yourself, the joy you have in your life.

A person can be a millionnaire and despite his or her millions, his abundance in materialistic wealth, still not be satisfied and still be not content with life. A person can have materialistic wealth , yet incapable or unable to have joy.

A person can be poor in terms of materialistic gain , yet be content and filled with inner joy due to successful investment in children. A specific example of this was when I was in Southern Leyte 2 years ago to visit my distant relatives in my father's side. As i drove from the port of Maasin towards my father's parents' hometown of Padre Burgos and Pintuyan, Southern Leyte, I could not help but observe one characteristic of Leyte -- the vastness of the coconut trees.

I had stopped by near Sogod, Southern Leyte to purchase some food to bring to my relatives in Padre Burgos. I met this old man who was selling coconut meat as well as other fruits, bags of rice etc. He was an old businessman. What was originally supposed to be a basic transaction ended up almost an hour-long conversation about life and about his children and family struggles. This man, a simple business guy, was proud of the fact that his son had recently graduated from CIT's Civil Engineering Program and had passed the engineering board exam. The man started to cry when he was describing how hard it was to save enough money to send his son to college, he ended up selling some of his land, but he was able to send his son to college. To me, what i saw in this man was the "contentedness" he found and the "joy" he had found in knowing that his investment in his son's education had paid off. That man had sold 5 hectares of land filled with coconut trees in order to pay his son's tuition. How beautiful it is to hear of a father's love for his son.

I will always remember that high quality conversation with him.

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chicogon · « **Reply #152 on:** May 04, 2012, 03:57:22 PM »

Great story, Bran. Way gyod tay ikabawos sa sakripisyo ug kasakit nga giantos sa atong mga parents para lang ta mapahuman (kitang mga anak) sa pag eskwela. Personally, my only hope to repay them is by by doing the same for some family members and others... and being good to them as I can.

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Lorenzo · « **Reply #153 on:** May 04, 2012, 04:03:55 PM »

Great story, Bran. Way gyod tay ikabawos sa sakripisyo ug kasakit nga giantos sa atong mga parents para lang ta mapahuman (kitang mga anak) sa pag eskwela. Personally, my only hope to repay them is by by doing the same for some family members and others... and being good to them as I can.

Father,

And the abundance of good graces comes back to us gajod when we help those who are needy. I was so very touched gajod to hear of your help , and yes, truly our Loving Lord works His wonder and shows His Love through the actions of people who exemplify that Love. Keep it up gajod, Father R. You really inspired me.

Tinuod gayod nga ma dungog intawn ang GINOO sa giampohan sa mga tawo. It is amazing how He works His wonders....

God Bless you always, Father R. May God always bless you and continually pour His graces onto you.....in Jesus Name, Amen.

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islander · « **Reply #154 on:** May 04, 2012, 04:25:58 PM »

Not much but more than I need.

and this, for me, is the best way. luckily, my needs are simple. luckier still, the banana republic shares such simple needs.

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islander · « **Reply #155 on:** May 04, 2012, 04:32:29 PM »

some kind of wake up call, or eye-opener, in case...

â€œdo what you love and you wonâ€™t work a day in your lifeâ€

In my last class of college, my accounting professor left our class with this story to close:

A boat docked in a tiny Mexican village. An American tourist complimented the Mexican fisherman on the quality of his fish and asked how long it took him to catch them.

â€œNot very long,â€ answered the Mexican.

â€œBut then, why didnâ€™t you stay out longer and catch more?â€ asked the American.

The Mexican explained that his small catch was sufficient to meet his needs and those of his family.

The American asked, â€œBut what do you do with the rest of your time?â€

â€œI sleep late, fish a little, play with my children, and take a siesta with my wife. In the evenings, I go into the village to see my friends, have a few drinks, play the guitar, and sing a few songs â€¦ I have a full life.â€

The American interrupted, â€œI have an MBA from Harvard and I can help you! You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat.

â€œAnd after that?â€ asked the Mexican.

With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have an entire fleet of trawlers. Instead of selling your fish to a middle man, you can then negotiate directly with the processing plants and maybe even open your own plant. You can then leave this little village and move to Mexico City, Los Angeles, or even New York City! From there you can direct your huge new enterprise.â€

â€œHow long would that take?â€ asked the Mexican.

â€œTwenty, perhaps 25 years,â€ replied the American.

â€œAnd after that?â€ the Mexican asked.

â€œAfterwards? Thatâ€™s when it gets really interesting,â€ answered the American, laughing. â€œWhen your business gets really big, you can start selling stocks and make millions!â€

â€œMillions? Really? And after that?â€

â€œAfter that youâ€™ll be able to retire, live in a tiny village near the coast, sleep late, play with your children, catch a few fish, take a siesta with your wife and spend your evenings drinking and enjoying your friends.â€

http://cfkchronicles.wordpress.com/

-posted in tb under 7 Signs that You Hate Your Job, Â« Reply #23 on: March 20, 2012, 06:52:28 PM

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hubag bohol · « **Reply #156 on:** May 04, 2012, 09:01:57 PM »

Kasakto sa comments. Pero unsaon man, naa may uban nga materialistic jamo, kwarta ray sukdanan sa ilang kinabuhi. Ang nakaporke pa jud, mangdani pa sa uban nga mahisama kanila sa ilang kamabaw...

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balong · « **Reply #157 on:** May 04, 2012, 09:30:41 PM »

you talking about me Lord Hubag.

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hubag bohol · « **Reply #158 on:** May 04, 2012, 09:34:07 PM »

He he, always the center of the universe...

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balong · « **Reply #159 on:** May 04, 2012, 09:35:18 PM »

Kasakto sa comments. Pero unsaon man, naa may uban nga materialistic jamo, kwarta ray sukdanan sa ilang kinabuhi. Ang nakaporke pa jud, mangdani pa sa uban nga mahisama kanila sa ilang kamabaw...

ikaw, unsa may sukdanan sa imong kinabuhi nga di man gani ka maka hatag bisan usa ka diyoy ni VIRGILIO BUCIA. masoko pa man gani ka butangan naho ug amount kay hilasan ka. pagka mobo baja sa imong utok. ang ahong gi buhat mao nay gitawag ug PAKATI. para manag-ing pod ang uban. pero salamat na lang nimo na serado ang topic nga VIRGILIO BUCIA FUND

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hubag bohol · « **Reply #160 on:** May 04, 2012, 09:54:30 PM »

ikaw, unsa may sukdanan sa imong kinabuhi nga di man gani ka maka hatag bisan usa ka diyoy ni VIRGILIO BUCIA. masoko pa man gani ka butangan naho ug amount kay hilasan ka. pagka mobo baja sa imong utok. ang ahong gi buhat mao nay gitawag ug PAKATI. para manag-ing pod ang uban. pero salamat na lang nimo na serado ang topic nga VIRGILIO BUCIA FUND

PAstilan KAmabaw sa TIngusbawan...

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balong · « **Reply #161 on:** May 04, 2012, 11:47:06 PM »

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islander · « **Reply #162 on:** May 04, 2012, 11:50:58 PM »

okay lang gihapon ni nga thread... tan-awa niabot nag 9 pages. kandaiya ra man gyod ta ug interest; naay sa finance, naa sa ginoo, naa sa poetry, etc. mao nga naa gyoy nagsunod ani nga thread, lain-lain rag paagi.

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balong · « **Reply #163 on:** May 05, 2012, 12:25:23 AM »

naay lalis, naay sinumbagay, naay gera........keep on reading folks for the ultimate internet entertainment

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xayoj14 · « **Reply #164 on:** May 05, 2012, 12:52:24 AM »

aaah.. ok2x.. maybe by two years ill invest on other countries stocks.. but as of now im concentrating on investing in the stock market and more on mutual funds kay usahay ra jud ko kamanage sa akong funds sa stocks..

are their other requirements needed to invest outside the countries stock market?

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balong · « **Reply #165 on:** May 05, 2012, 01:32:23 AM »

aaah.. ok2x.. maybe by two years ill invest on other countries stocks.. but as of now im concentrating on investing in the stock market and more on mutual funds kay usahay ra jud ko kamanage sa akong funds sa stocks..

are their other requirements needed to invest outside the countries stock market?

asa man ka karon nga country. naa ba ka sa pinas or overseas ba ka. you can invest all over the world if you have enough capital.

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alycxs · « **Reply #166 on:** May 05, 2012, 02:17:23 AM »

He said to me (in his very soft and grandfatherly voice), "Ondoy BranBran, ajaw gajod pagastogasto daghan kai dali ra ma wa ang kuwarta. If you got no money, den you got no honey. No money, no honey!" bwahahahaha!

Perting katawa gajud mi duha.

Unsa pa ! When I was in college, they say "Bahalag Saging Basta Loving". TOINKS ! Maybe I was a little ambitious. I don't consider money to be everything but it is a great tool to have in life. Alangan man ug pabug-at ra ka to those people around you. Soon, even those who love you dearly would buckle under that burden. Mas maayo pud nang you can stand on your own, and if you have more to spare, then you have a choice to share. If you don't have anything, you can't share anything. Although it has to have a balance too. Anything in excess is dangerous.

Anyway, this brought up a short anecdote Mama told me. During my Papa's heyday, he loved to "treat" people. Even total strangers. Hi personal favorites were those old merchants who sell things door to door. No not the expensive stuff. Fishwoman with her bucket of fish, the taho guy, the balut guy, down to this older woman who was selling this wood carved storage things. Papa would buy them out and give their stuff to his friends or to our relatives. He bought out a taho guy once and I swear I wasn't gonna eat Taho for a year ! then there's the balut guy. He bought everything and called the istambays and gave them free balut.

Mama told him that he was very "pasikat" and "hambugero" and to stop spending money. He said "Dili man nako magasto-an or mabangkahan ang Ginoo, sa iyaha nalang mga anak ko mo-bangka". So for Papa, that was his way of thanking God and making his fellow man happy. Buying in excess of what he needs and sharing it to the family , friends and neighbors. To the merchant, he was a blessing , to the istambays, a free snack and sometimes, when he buys out the entire bucket of fish (ginamos, bolinaw etc), our family and few neighbors get a nice dinner. :-)

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chicogon · « **Reply #167 on:** May 05, 2012, 06:22:00 AM »

and this, for me, is the best way. luckily, my needs are simple. luckier still, the banana republic shares such simple needs.

Are you sure your needs are simple? LoL. Basin simple ra para nimo but not in the eyes of others. I consider mine simple but I'm lucky to have a housekeeper/cook at the same time, bwahahaha!!! God is good!!!

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balong · « **Reply #168 on:** May 05, 2012, 07:11:56 AM »

naa man juy housekeeper/cook ang mga pari pads. altar boy ko sauna. kaila ba ka ni fr. nazareno taga calape

si fr. roland caverte perteng maayoha pod mo duwa ug basketball

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islander · « **Reply #169 on:** May 05, 2012, 10:49:30 AM »

Are you sure your needs are simple? LoL. Basin simple ra para nimo but not in the eyes of others. I consider mine simple but I'm lucky to have a housekeeper/cook at the same time, bwahahaha!!! God is good!!!

i'm sure gyod, fr chic. this here is happy that she's not in the gutter. kun makaagi kog apiki nga dalan diri nga ang mga balay labaw nga apiki, moingon dayon ko ni banana republic nga salamat ha, nga wa ta dinhi. kontento na kong mo-rescue ug iring ug mohatag ginagmay sa uban nga sa akong tan-aw tinuod gyod nga lisod, labi na sa kaon. i feel rich that way bisan wa ko money, mor pa. and i can say this here because i'm assured nga wa mo kaila kinsa ko outside of my cyberlife here in tb.

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islander · « **Reply #170 on:** May 05, 2012, 10:50:11 AM »

hinoon, mailad sad ko usahay. diha koy gisigeg hatag last year, mora kog gasuweldo ug tawo kay regular akong paghatag. niwang kaayo siya nga nagpuyo ra sa sidewalk, pero por santo, alcoholic man diay. gitagaan pa nakog thermos aron naa siyay kape, maintan ang tiyan. arrange pa ko with 7-eleven convenience store nga tagaan siyag ininit nga tubig kada buntag. siok tong man diay ang iyang isulod sa thermos, sagolan ug cola, morag kape sa akong tinan-awan. ang akong hinatag ipalit ug siok tong? no way. i dropped him. but i digress. this is another story...

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islander · « **Reply #171 on:** May 05, 2012, 10:50:29 AM »

as for the privilege of a housekeeper/cook, like you i'm lucky too. ours had been with us for 27 years and counting, gikan sa single pa ko. she's not with us now as she takes charge of our cats and dogs because she can talk to them. meanwhile, i can housekeep and cook myself, with time for tb to boot. i thank god for all this.

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chicogon · « **Reply #172 on:** May 05, 2012, 11:38:32 AM »

naa man juy housekeeper/cook ang mga pari pads. altar boy ko sauna. kaila ba ka ni fr. nazareno taga calape

si fr. roland caverte perteng maayoha pod mo duwa ug basketball

Daghan bitaw katabang sa mga pari sa atoa (lompong-lompong.) Sa America akong pasabot where most Filipinos have to do everything by themselves, a.k.a. self-help, as most everything is so expensive gawas na lang kung masakiton ka ug under sa Medicare hehehe. Totyal!

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chicogon · « **Reply #173 on:** May 05, 2012, 11:55:03 AM »

hinoon, mailad sad ko usahay. diha koy gisigeg hatag last year, mora kog gasuweldo ug tawo kay regular akong paghatag. niwang kaayo siya nga nagpuyo ra sa sidewalk, pero por santo, alcoholic man diay. gitagaan pa nakog thermos aron naa siyay kape, maintan ang tiyan. arrange pa ko with 7-eleven convenience store nga tagaan siyag ininit nga tubig kada buntag. siok tong man diay ang iyang isulod sa thermos, sagolan ug cola, morag kape sa akong tinan-awan. ang akong hinatag ipalit ug siok tong? no way. i dropped him. but i digress. this is another story...

Ayaw kabalaka - and let it go! It doesn't matter how people use or abuse the goodness you've shown others. What counts is what's in your heart (bigness of your heart) when you reach out to people such as these. At least nahimo hinuong unconditional ang imong free-willed giving. In other words, don't stop being good just because ang imong gitabangan stopped being good. Padayon, Bol-anon!!! (Imitation of Christ baga!)

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islander · « **Reply #174 on:** May 05, 2012, 11:59:26 AM »

Padayon, Bol-anon!!! (Imitation of Christ baga!)

guwapo ning 'padayon, bol-anon' (aka imitation of christ) da. mas guwapo paminawon kay sa 'it's more fun in the philippines'.

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Lorenzo · « **Reply #175 on:** May 05, 2012, 03:03:10 PM »

Unsa pa ! When I was in college, they say "Bahalag Saging Basta Loving". TOINKS ! Maybe I was a little ambitious. I don't consider money to be everything but it is a great tool to have in life. Alangan man ug pabug-at ra ka to those people around you. Soon, even those who love you dearly would buckle under that burden. Mas maayo pud nang you can stand on your own, and if you have more to spare, then you have a choice to share. If you don't have anything, you can't share anything. Although it has to have a balance too. Anything in excess is dangerous.

Anyway, this brought up a short anecdote Mama told me. During my Papa's heyday, he loved to "treat" people. Even total strangers. Hi personal favorites were those old merchants who sell things door to door. No not the expensive stuff. Fishwoman with her bucket of fish, the taho guy, the balut guy, down to this older woman who was selling this wood carved storage things. Papa would buy them out and give their stuff to his friends or to our relatives. He bought out a taho guy once and I swear I wasn't gonna eat Taho for a year ! then there's the balut guy. He bought everything and called the istambays and gave them free balut.

Mama told him that he was very "pasikat" and "hambugero" and to stop spending money. He said "Dili man nako magasto-an or mabangkahan ang Ginoo, sa iyaha nalang mga anak ko mo-bangka". So for Papa, that was his way of thanking God and making his fellow man happy. Buying in excess of what he needs and sharing it to the family , friends and neighbors. To the merchant, he was a blessing , to the istambays, a free snack and sometimes, when he buys out the entire bucket of fish (ginamos, bolinaw etc), our family and few neighbors get a nice dinner. :-)

he he he ! sentimental man gud ni si Lolo, i guess i get that aspect from him. Thank you , Alice, for sharing with all of us the loving and expressive being that your papa has. Yes, he's right...it's always good to give back from time to time.

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chicogon · « **Reply #176 on:** May 05, 2012, 11:23:11 PM »

Basin naa na poy di katug ani bwahahaha

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bugsay · « **Reply #177 on:** May 05, 2012, 11:46:11 PM »

Basin naa na poy di katug ani bwahahaha

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hubag bohol · « **Reply #178 on:** May 06, 2012, 06:46:35 AM »

Basin naa na poy di katug ani bwahahaha

Aw, kon di katug, all the more time alang sa pagpaningkamot...

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