Tag Archives: Cash loans philippines

5 Rules on Investment Instruments

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by: Guita T. Gopalan

Investments are TOOLS, and just like any tool you need to know how to use it effectively.
For example, if you are a carpenter you must learn how to hammer and remove nails correctly otherwise you could hurt or injure yourself. You also wouldn’t use a hammer to place a screw otherwise it won’t work.
The same is true for investment instruments, treat it as a set of tools ready for you to use depending on your purpose.
5 Rules for Treating Investment Instruments as Tools
#1 What is your purpose? Target? Timeline? You should have a goal – how much and by when do you want something.
#2 Redeem your investments based on that purpose/goal AND NOT the condition of the market…
#3 The ideal would be is if you meet your goal in time. Redeem when you need it!
#4 If you reach your monetary goal early i.e. in 8 instead of 10 years – then redeem your investment and keep your hard earned and well invested money safe in a savings or time deposit account until you need it. Or you can reinvest all or some of the money, if you can afford to take some risk.
#5 If you reach 10 years but not your monetary goal then you decide whether you will keep it invested or redeem it already, whether the amount is sufficient or not. BUT if you are a prudent investor 1-2-3-4-5 years prior you would have already made adjustments to your investing (i.e. use a different instrument, increase your savings, etc.) so that you can meet your goal. (Remember investments are tools! Sometimes you need to use a small hammer to set a nail in the wall, then drive it in with a big hammer).
Wealth will be within reach if we manage our personal finances well and make money work for us!
Join us for our upcoming Pera Mo Palaguin Mo! Workshop on January 19, 2013. For more info email marketing@colaycofoundaton.com or SMS 09178088857. Slots at 75% OFF discount for 2013 are still available. 

Guita T. Gopalan is the Managing Director of Colayco Foundation for Education. 

Ondoy Shows That Emergency is a Fact of Life

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Aerial view of an area devastated by typhoon Pablo (photo c/o CBCP News Website)

In lieu of the recent events that happened due to typhoon Pablo’s destruction, we again present Mr. Colayco’s advice on how to better prepare yourself against typhoons and other natural calamities. This may have been written during the time of typhoon Ondoy, but Mr. Colayco’s financial wisdom knows no bounds!

The floods of Typhoon Ondoy were extremely devastating. This time, Ondoy did not choose only the poor and marginalized. For the first time, even exclusive villages were flooded. In many cases, both personal and household items were swept away by the flood.

For most, even if the items are still there, they are no longer usable or cannot even be repaired. So many thought they were going to die and being alive seems to be the greatest blessing of the day.

The response to help each other was also overwhelming.

Neighbors opened their homes to strangers who needed a second or third floor or even a roof to evacuate to. The sharing of money and food is awesome as we see so many people in the supermarkets buying boxes and boxes of foodstuffs not for themselves but to give away.

Soon, the reality of having been caught unprepared for much needed expenses to repair homes, offices, buildings, factories, cars, etc. will settle in.

Nobody wants to suffer and certainly nobody wants to be caught unprepared when natural calamities strike our homes and communities. We know these things happen and that they happen with regularity. They are a fact of life and we must accept it and do something about it.

And yet, why do so many of us always get caught unprepared? We seem to think that when these calamities strike, we will be spared and that it is the others that will bear the brunt of the problem. It’s never us.

We grieve for the victims of Ondoy especially those who had family who lost their lives. Losing them is trial enough but for those who lost their breadwinner, moving forward will be so much more difficult. There are several financial reminders needed while the lessons are fresh in our minds.

Reminder on Insurance

Ondoy’s devastation should remind us to take a second look at the importance of insurance. Those who have family dependent on them should taking life insurance to somehow lessen the pain of their loss. Term insurance does not cost very much. Another is property insurance, specifically for our home, its contents and our cars.

For house insurance, the most common perils that you should cover are fire, typhoon, and earthquake.

Fire, in particular, can render one completely devastated because, most of the time, you can lose almost everything permanently including your memories (pictures and mementos). But the floods of Ondoy reminded us that floods can be just as devastating as fire. If you had insurance against typhoon, the losses you incurred with the floods would have been covered.

Whether or not you own your house, you can consider covering it with insurance. As always, you do not want to claim on insurance and it is difficult to spend on premium payments because you might feel that you are throwing away money for nothing. After all, you do not get any part of your premium payment back. These premium payments are one hundred percent expenses. However, if you can afford it, it is better to be protected.

If you don’t own your house, you can cover the contents of your house like furniture, equipment and personal effect. If you do own your house, you should be covered as well for the house itself.

Coverage means that if the items covered are damaged by the perils covered, the insurance company pays. While you do not really recover the real things that matter after a fire or typhoon or earthquake, at least the insurance payment will help you buy back some of it and replace to a great extent the physical assets damaged or lost.

Word of caution though, read the fine print in your insurance document to make sure you are really covered for what you want.

Car insurance has many types of coverage. The most common are for third party liability, theft, and own damage. Insurance coverage for the devastation type by Ondoy must specifically be defined in the policy acquired. As a minimum, it should cover the cost of restoring your car damaged by floods or typhoons.

Car accidents can be painful physically to the people involved. It also involves a lot of reporting, documentation with the police and other authorities. However, it becomes even more troublesome it you are not insured. If you own a car, insurance is one of the required costs of ownership.

Reminder: Set up cash reserves for personal emergencies

One of the very first rules about money management is to pay yourself first so that you can set aside at least six months salary or earnings precisely to cover emergencies. For most income earners, it takes years to build up a six-month cash reserves. If you save ten percent of your monthly earnings, it will take you five (5) years to accumulate six months cash reserves for emergencies.

Practically speaking though, there are faster ways to accumulate this goal.

For those who did not lose all their assets in the flood, one way is to dispose of some assets we may have acquired and which we do not really get to use today. I am sure, most of us have some idle assets that we can sell and convert to cash now. Look around you. Make an inventory of things like appliances we have more than what we need, e.g. an extra TV, radio, excess furniture, clothes, gadgets, electronic “toys”, etc.

Have a good look at these possessions and choose what you can afford to dispose of now. Chances are, losing some of these assets will not diminish or hurt your present lifestyle. Selling theses assets will most certainly contribute to building up cash reserves for emergencies right away.
Get started and build your personal cash reserve now! Do not procrastinate. One of these days, it may be too late and you will no longer be able to recover from your emergency losses.

* First published on September 30, 2012 at the GMA Network website

The (Spiritual) Deal on Financial Planning

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by: Arthur Noel B. Ladaga

Here at the Colayco Foundation, we are often asked a lot of questions. Most of it has to do with the best investment option. There’s nothing really wrong with the question. With all different kinds out there it’s hard to choose the right one. Each has its strengths and weaknesses. Different people also have different of preferences. What is it that really helps in choosing the best one? The answer is simply first and foremost, to know one’s financial objective

Your financial objectives revolve around three things: Purpose, Target, and Time. Purpose is the reason why you are investing in the first place. Target is your desired amount to reach. And lastly, time is the period you have to achieve your target.  Knowing your financial objective helps in choosing the best instrument around because each instrument is unique

And yet when most people are asked of their financial objectives, most people cannot give a straight answer. Some people reply “I want to be rich.” There’s nothing wrong with it but it’s still not well defined. Others are absolutely clueless, as if staring at an imaginary wall. And there are those who get upset and say “I don’t have one! I just want to have more money!”

Time and time again we emphasize the need to know to one’s financial objectives. Its usefulness knows no bounds. The most successful individuals are those who know their goals by heart. They can even say it while they’re sleeping. And yet at the heart of proper financial planning lies a spiritual essence that many ought to discover. Religious or not, you must realize that money is also a spiritual matter that needs to be dealt with. Knowing the spiritual aspects of financial planning will enable you to realize its importance in a more profound sense.

Separation from Money

When we do financial planning, we are actually separating ourselves from money. Most people will find this absurd. “I want to have more money. Are you telling me that I shouldn’t want it?” To separate yourself from money simply means not desiring money for its own sake!

Some of you may recall the quote “the love of money is the root of all evils…” (1 Tim 6:10, New American Bible). Money itself is not evil if you read the verse carefully: “For the love of money is the root of all evils, and some people in their desire for it have strayed from the faith and have pierced themselves with many pains.”  The real evil is to desire money for itself that one forgets the most essential things in life. One writer cleverly summarizes it this way: “What is essential is invisible to the eye (De Saint-Exupery)”

When you do financial planning, you are telling yourself not to seek money for itself. Seeking money for its sake can corrupt the human soul. How many important relationships have ended because of the distorted desire for money? How many people are miserable despite having lots of money? Self-mastery is an important trait to have when dealing with money. Money is a powerful ally to wealth but it can distort you when not properly handled.

Purpose-Driven Money

The second spiritual aspect of financial planning is to make your money purpose-driven. Once you have self-mastery over your need of money, it should be clear why you need it. You may need it to buy a house for your family. You may need it to finance your children’s education. Or you may need it to give more to the less fortunate. Any attempt to a financial endeavor without a clear purpose for your money can be likened to blind spending!

Money with a clear and noble purpose can help achieve the ultimate end of human life. Humanity only has one particular calling: to live an authentic life in accordance with the divine will. You can find this at the beginning pages of the Bible:

God created man in his image; in the divine image he created him; male and female he created  them. God blessed them, saying: “Be fertile and multiply; fill the earth and subdue it. Have dominion over the fish of the sea, the birds of the air, and all the living things that move on the earth. (Gen. 1:27-28)

To “be fertile and multiply” not only implies an increase in physical number. Being created in the image and likeness of God, you are expected to live up to it. You must continuously develop yourself to live up to your first true calling. This is what it means to “be fertile and multiply!” When you do financial planning, you make your money help you become a well-rounded person in many aspects: financially, emotionally, spiritually, and others. The same expectation applies when you use your money to help the people around you, particularly your loved ones and your community.

The Impermanence and Giftedness of Money

Lastly, financial planning reminds you of money’s impermanence and giftedness. Like everything else in this world, money lasts temporarily. You cannot take it to the grave with you. It will eventually decay regardless of what kind of physical protection it has.

Nevertheless, money is also a gift. It may be a man-made invention used to purchase
 goods or services, but it is essential in daily living. People need it to buy their needs and wants. In addition, many people have difficulty earning money. The fact that you are able to obtain money legitimately (whether through active or passive income) makes you realize the importance of it in your life. You are given opportunities to earn and grow it so that you can utilize it better. This is the essence of money’s giftedness!

Saint Ignatius of Loyola, the founder of the Jesuits, gives a wonderful insight regarding the giftedness of all created things:

All the things in this world are gifts of God, presented to us so that we can know God more easily and make a return of love more readily. As a result, we appreciate and use all these gifts of  God insofar as they help us develop as loving persons. But if any of these gifts become the center of our lives, they displace God and so hinder our growth toward our goal.

Financial planning helps you value your money in a proper way. Because money is not permanent, it’s important to know precisely how it should be used. It must never be treated as your god (Matt. 6:24)! At the same time, you become obligated to grow it. You are responsible to grow your God-given gifts (Matt. 25:14-30, Luke 19:12-28) to live authentically. Money, at its innermost essence, is God-given! You are given legitimate opportunities to earn and grow it. Having a feasible financial plan helps and keeps you responsible over your money!

To See With New Eyes

Planning is a vital aspect in any endeavor that you take. It is not just about making everything clear and specific. It also involves continuously reminding yourself of the most important aspects of life. This is what financial planning does. It may seem to be a dull and boring process, but the challenge is to look at it with new eyes! There’s much more to financial planning than what meets the eye. In knowing its spiritual aspects, you empower yourself further to reach your true wealth!

Sources:

De Saint-Exupery, A. (n.d.). The Little Prince. Swansea: Department of Computer Science. Retrieved from http://cs.swan.ac.uk/~cswill/The_little_prince.pdf

Saint Ignatius of Loyola (n.d.). The First Principle and Foundation of the Spiritual Exercises. Ignatian Spirituality Institute. Retrieved from http://sites.jcu.edu/isi/

 

Arthur Noel B. Ladaga is the current Programs Officer of the Colayco Foundation for Education, Inc.

From BSP: Are You A Co-Maker?

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ARE YOU A CO-MAKER?
REMINDER TO THE PUBLIC

Released by the Bangko Sentral ng Pilipinas to the public on 10.10.2012

version in FILIPINO follows

Consider the following when signing as a co-maker:

  • What is a co-maker?

A co-maker is a person who, by contract, promises to pay another person’s (principal borrower) loan if that person fails to do so.

  • Is a co-maker required in all transactions?

Different lending institutions (lenders) have different policies.  A lender may require a co-maker if the principal borrower is unable to meet its credit criteria.  A co-maker does not necessarily receive or benefit from the proceeds of the loan but is equally responsible for ensuring that the full amount of the loan, including interests and other charges, is paid.

  • When the principal borrower fails to pay the loan, is the co-maker required to pay it?

Yes, the lender does not need to proceed or collect first from the principal borrower and may immediately take the following actions against the co-maker if the principal borrower is unable to pay:

• Collect the full amount of the loan, including interests and other  charges, from the co-maker; or
• Sue the co-maker along with the principal borrower in an attempt to collect payment; and
•  Demand the payment of late fees or collection costs from the co-maker

  • What is the remedy of a co-maker who is made to pay the loan and the interest thereon?

The co-maker can demand the principal debtor to reimburse whatever amount he was made to pay.

For further clarification, please contact:

The Head
Financial Consumer Affairs Group
Supervision and Examination Sector, BANGKO SENTRAL NG PILIPINAS
A. Mabini St., Malate, Manila  1004
E-mail: consumeraffairs@bsp.gov.ph  I  Tel. No.:  708-7701 local 2584

 

 

ISA KA BANG CO-MAKER?
PAALALA SA PUBLIKO

Tandaan  ang  mga  sumusunod  bago  pumayag maging isang “co-maker”:

  • Sino ang co-maker? / Ano ang ibig sabihin ng co-maker? / Ano ang kahulugan ng co-maker?

Ang co-maker ay isang tao na nangangakong magbabayad ng utang ng ibang tao kapag hindi nito nakayanang bayaran ang nasabing utang.

  • Kailangan bang may co-maker tuwing uutang?

Depende sa patakaran ng institusyong nagpapautang.  May mga nagpapautang na humihingi ng co-maker mula sa umuutang lalo na kung ito ay hindi nakapasa sa batayan sa pagpapautang ng nasabing institusyon.  Ang co-maker ay hindi kailangang makinabang sa pagkakautang ngunit siya ay may obligasyong tiyakin na mababayaran ang utang, kabilang ang interes at iba pang kaakibat na bayarin sa pagkakautang na kanyang pinirmahan bilang co-maker.

  • Kapag  hindi  nakabayad  ang  taong  nangutang, dapat bang ang co-maker ang magbayad nito?

Oo. Hindi kinakailangang singilin muna ang pangunahing nangutang upang mapanagot ang co-maker.  Bilang co-maker, siya ay maaaring pagbayarin sa pagkakautang tulad ng pangunahing nangutang.  Maaaring gawin ng nagpautang ang mga sumusunod na hakbang kapag hindi nakabayad ang nangutang:

• Singilin ang buong halaga ng utang, kabilang ang interes at iba pang kaakibat na bayarin sa pagkakautang sa co-maker; o
• Ihabla ang co-maker kasama ang pangunahing nangutang upang masingil ang utang; at
• Singilin ang co-maker ng mga “late fees” o “collection costs”.

  • Ano ang maaaring gawin ng co-maker na nagbayad ng utang ng pangunahing nangutang?

Maaaring singilin ng co-maker ang pangunahing nangutang para sa halagang kanyang binayaran sa nagpautang.

Para sa mga karagdagang katanungan, maaari kayong makipag-ugnayan sa:

The Head
Financial Consumer Affairs Group
Supervision and Examination Sector, BANGKO SENTRAL NG PILIPINAS
A. Mabini St., Malate, Manila  1004
E-mail: consumeraffairs@bsp.gov.ph  I  Tel. No.:  708-7701 local 2584

From BSP: Unfair Credit Card Collection Practices

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Credit Card Debt Collection Practices Considered Unfair Under BSP Regulations
Released by the Bangko Sentral ng Pilipinas on 01.13.2011

Do you know that there are existing regulations that are meant to provide for credit card debt collection methods that are reasonable and legally permissible?Do you know that credit card issuers and their collection agents should observe good faith and refrain from engaging in unscrupulous or untoward acts, to the extent of harassing and humiliating the credit card holder?

For the information of the public, existing Bangko Sentral ng Pilipinas regulations prohibit credit card issuers and their collection agents from engaging in the following instances of unfair collection practices:

• The use or threat of violence or other criminal means to harm the physical person, reputation, or property of any person;

• The use of obscenities, insults, or profane language which amount to a criminal act or offense under applicable laws;

• Disclosure of the names of credit cardholders who allegedly refuse to pay debts;

• Threat to take any action that cannot legally be taken;

• Communicating or threat to communicate to any person credit information which is known to be false, including failure to communicate that a debt is being disputed;

• Any false representation or deceptive means to collect or attempt to collect any debt or to obtain information concerning a cardholder; and

• Making contact at unreasonable/inconvenient times or hours which shall be defined as contact before 6:00 A.M. or after 10:00 P.M., unless the account is past due for more than sixty (60) days or the cardholder has given express permission or said times are the only reasonable or convenient opportunities for contact.

FOR FURTHER CLARIFICATION AND INQUIRIES, PLEASE CONTACT:

FINANCIAL CONSUMER AFFAIRS GROUP
Supervision and Examination Sector
BANGKO SENTRAL NG PILIPINAS
5th Floor, Multi-Storey Building, BSP Complex
A. Mabini St., Malate, Manila
E-mail address: consumeraffairs@bsp.gov.ph
Tel. Nos.: Direct Line: (+632)523-3631• Trunkline (+632)524-7011 local 2584

The True Cost of Ignorance

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by: Arthur Noel B. Ladaga

Twenty four hours ago, the entire country was in grave shock regarding a huge financial scam. Aman Futures Trading Group, a fraudulent investment company that operated in Pagadian City, was reported to have gotten away with P12 billion and left the country. The proper authorities are continuously tracking down the culprits hoping to bring them to justice. Department of Justice Secretary Leila de Lima recently ordered the Bureau of Investigation to continue its search for the culprits, especially its leader Manuel Amalilo.

Ever since August of this year, the people of Pagadian City had been clamoring to have their money return to them. Blinded by a false promise that their money will double in a couple of days, most people “took the opportunity” immediately without properly assessing the investment as a whole. After just a few days, all of their money just vanished like thin smoke. Some are still hoping that it will be returned and the culprits be brought to justice. Others have locked themselves into deep hopelessness and despair.

Armand Q. Bengco, the Executive Director of the Colayco Foundation for Education, shares his thoughts behind the recent “financial tragedy.” According to him, the tragedy can be explained in two words: FINANCIAL IGNORANCE. One of the basics of investing is that an investment opportunity that is “too good to be true” should be avoided AT ALL COSTS. If it promises returns that are beyond the normal, it is often too good to be true.

He also highlighted the real definition of investing. “Investing is a commitment to use money to expect, hope, or pray to make more money based on a long term goal,” he said. Investing also involves knowing one’s purpose, target, and time even before starting. Knowing one’s financial objectives gives direction to any investing endeavor. Without it, any investing effort is likened to blind spending!

The most important thing to remember, according to Mr. Bengco, is becoming a risk-focused investor. What ultimately determines an investment’s success is not the return it gives but how it is managed. People nowadays are blinded with false promises of high returns that they do not concern themselves with the risks. If something unfortunate happens to their investment, they suffer greatly. Managing the risks helps achieve a higher average of returns in the long run. It also mitigates the possible risks that might occur.

Just a few hours ago, the Philippine Daily Inquirer reported that a retired teacher from Pagadian City committed suicide. Burdened with the realization that he lost so much money, he decided to end everything in an instant. Poverty has a strong grip in the hearts and minds of many people. They are willing to sacrifice almost anything just to get away from it. When a “promising opportunity” comes to them, they grab it immediately without proper assessment. And when they realized that it was a false promise, they end up worse than before.

Poverty may be the torturer to most people, but it is FINANCIAL IGNORANCE that ultimately kills. FINANCIAL LITERACY is the primary remedy to combat FINANCIAL IGNORANCE and prevent such a financial tragedy from happening again!

FIGHT FINANCIAL IGNORANCE NOW! Want to have a financial seminar to your community or work place? Call 637-3731 or 637-3741. Look for Mr. James Gonzales for more details.

Sources:
Alipala, J., & Umel, R. (2012). Teacher kills self after losing all his money in scam. Inquirer Global Nation. Retrieved from http://globalnation.inquirer.net/56146/teacher-kills-self-after-losing-all-his-money-in-scam?ModPagespeed=noscript

Carvajal, N. C. (2012). Thousands duped in P12-billion scam. Inquirer Global Nation. Retrieved from http://globalnation.inquirer.net/56132/thousands-gypped-in-p12-billion-scam?ModPagespeed=noscript

Arthur Noel B. Ladaga is the current Programs Officer of Colayco Foundation for Education Inc.

Back to School Business Nuggets

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Are you a current entrepreneur having trouble managing your business?

Or are you someone aspiring to have and manage you own business but do not know where to start?

Then prepare yourself to digest  some business nuggets from Mr. Armand Q. Bengco. Though at his forties he decided to go back to school to further learn the ropes of being a successful and effective entrepreneur. You will be nourished from Mr. Bengco’s simple yet powerful realizations from going back to school!

Armand Q. Bengco is the current Executive Director of the Colayco Foundation for Education, Inc. and the General Manager of Kapatiran sa Kasaganaan Service & Multi-purpose Cooperative (KSK-SMP Coop).  He is one of the hosts of Pisobilities in GNN and a resource person in RHTV’s Pera Pera Lang Iyan. He regularly conducts financial seminars and workshops in line with the foundation’s advocacy.

Arthur Noel B. Ladaga is the current Programs Officer of the Colayco Foundation for Education, Inc.

Ang Proyektong Condotel ng KSK Coop

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Si EN, isang OFW, ay interesadong malaman kung mas maganda bang investment ang condotel kaysa sa mutual funds. Ipinaliwanag ko na isang long-term investment ang condotel at hindi ito kasing daling ibenta at gawing cash muli gaya ng mutual fund. Sa ibang salita, hindi kasing “liquid” ang condotel. Pero, ang aming KskCoop condotel project ay may espesyal na katangian na nagbibigay solusyon sa usapin ng liquidity.

Isang condominium-type na gusali ang proyektong ito at pwede itong magsibi bilang residensyal na unit, o unit na nakalaan sa operasyon ng hotel. Isa itong solusyon para mapakinabangan ang potensyal ng isang lupa na malapit sa Makati business district. Layunin naming lumikha ng isang negosyo na makakatulong sa mga investor at sa lokal na komunidad, upang makatulong sa pag-ahon ng lungsod at sa pag-angat ng kita ng lahat ng taong kasapi sa proyekto.

Nasa sulok ng Evangelista St. at Del Pilar sa Bangkal, Makati ang proyekto namin. Nasa hilaga ng EDSA ang Bangkal at madaling maabot mula sa EDSA. Malapit ito sa hangganan ng Makati at Pasay. Napakaganda ng lokasyon para sa mga lokal na negosyante, mga propesyunal, dayuhan at lokal na manlalakbay na nangangailangan ng abot-kayang hotel.

Ayon sa disenyo ng proyekto, may mga bahaging may apat na palapag, ang ilang bahagi naman ay may walong palapag. Mayroong 68 na residential unit na dinisenyo sa paraang magagamit din bilang apartment o budget hotel. Espesyal na katangian ito na hindi laging makikita sa ibang condotel. Walang sariling karanasan ang KskCoop sa pagpapatakbo ng hotel. Kaya naman kukunin namin ang ng isang magaling na condotel management company para patakbuhin ang condotel. Pupunuan ang pangangailangan sa tao at serbisyo sa pamamagitan ng mga miyembro ng KsKCoop,  lokal na establisimiyento, at sa pakikipagtulungan sa lokal na barangay.

Nagbibigay ang proyektong ito ng pangmatagalang investment sa mas abot-kayang halaga, tuluy-tuloy na kita, garantisadong rate of return, at depensa laban sa panganib.  Hindi kailangan ng mga member-investors ng KsKCoop na bumili ng isang buong condominium unit; kailangan lang nilang bumili ng shares ng buong proyekto. Dahil dito, hindi kailangan ng napakalaking halaga para makasali. Makakatanggap ang mga member-investors ng minimum na garantisadong kita na hindi bababa sa 4% kada taon sa loob ng sampung taon simula sa ikatlong taon ng investment.  Posibleng tumaas pa kaysa sa 4% depende sa kita ng proyekto. Napakagandang pagkakataon ito sa mga member-investors para mabalanse ang kanilang portfolio at ikalat ang kanilang panganib.

Pwede lamang sumali sa proyekto matapos dumalo sa isang maiksing seminar kung saan ipapaliwanag lahat ng detalye. Isa itong magandang pagkakataon para sa mga lokal na negosyo upang umunlad para sa ikabubuti ng komunidad at para malapago ang halaga ng pag-aari. Ang tagumpay ng proyektong ito ay magbibigay-daan sa mas marami pang investment sa hinaharap.

Bumisita sa www.kskcoop.com o sumulat sa info@colaycofoundation.com para sa karagdagag impormasyon tungkol sa espesyal na oportunidad na ito.

Condotel vs Mutual Funds: Ano ba Mas Mabuti?

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Galing kay EN, isang OFW.

Gusto po naming humingi ng payo tungkol sa Condotels. Mas maganda ba ang mutual funds kaysa sa condotel? Iniisip naming mag-invest sa isang Tagaytay condo-hotel concept. Nag-alala kami kung tama ba na mag-invest sa condotel o mas mabuti pang sa mutual funds na lang.

Ito ang sagot ko kay EN:

Sana’y alam ninyo na bago pa man magdesisyon tungkol sa kahit anong investment, kailangang repasuhin ang inyong Statement of Assets and Liabilities (SAL) at ang inyong personal na planong pinansiyal. Baka kasi halos lahat ng investment ninyo ay nasa real estate na, kaya naman baka hindi na condotel ang tamang investment para sa inyo. Paano na lamang kung lahat ng inyong pera ay nasa real estate, at biglang humina ang buong industriya ng real estate? Mas mainam kung balanse ang inyong portfolio, para balanse rin ang mga panganib.

Posibleng parehong magandang investments and Mutual funds at condotel, depende sa inyong layunin sa pag-iinvest. Kailangang pag-aralan pareho nang mabuti. Pinakamainam ang Mutual Funds para sa mga regular na nag-iipon at nag-iinvest sa loob ng mahabang panahon. Kumikita ang investor kapag binenta ang shares sa halagang mas taas kaysa noong binili niya ang shares. Kapag nag-invest naman sa Condotel, posibleng tumaas din ang halaga ng condo units, pero nakadepende talaga ang kita sa dami ng mangungupahan o gagamit sa mga unit. Sa kasong ito, nakadepende ang tagumpay ng Condotel sa ilang espesipikong bagay gaya ng kalidad ng pagkakagawa sa condotel, serbisyo, lokasyon at dami ng kliyente. Samantalang nakadepende naman ang tagumpay ng mutual fund sa capital market o sa ekonomiya ng buong bansa.

Tatalakayin uli sa mga susunod na artikulo ang maganda at hindi magandang katangian ng pag-iinvest sa condominium, mutual funds, at ang sarili naming condotel project upang bigyan kayo ng ideya sa mga pwedeng pagpilian.

Malaki ang pinagkaiba ng Mutual Fund sa Condominium dahil ang Condominium ay hindi agad pwedeng ibenta anumang oras at gawing cash. Samantalang pwedeng ibenta ang mutual fund kahit kailan. Nakatali ang iyong pera sa condominium sa loob ng mahabang panahon, magtagumpay man ito o hindi. Kahit na maging maganda ang kinalabasan, kailangan ng panahon para maibenta ito gaya ng karaniwang real estate. Sa kabilang banda, madaling gawing cash muli ang mutual fund shares, kahit kumita ka man o hindi. Kung nagmamadali kang matutunan ang mutual fund, may mga seminar kaming pwede mong salihan kung gusto ninyong matutunan iyon sa ganoong paraan.

Kapareho ng aming proyekto sa KskCoop ang nabanggit mong proyekto sa Tagaytay – isang kombinasyon ng Hotel at Condominium. Medyo mas kumplikado ang pag-invest sa condo-hotel kaysa sa karaniwang condominium. Pinapasan mo ang panganib ng pag-iinvest sa condo at sa hotel. Mas mainam na patakbuhin ang hotel ng mga taong may karanasan. Siyempre matuturing din na hotel ang mga maliit na “bed and breakfast inn”. Pwede itong patakbuhin ng kahit sino basta’t maayos ang pamamahala sa bahay. Pero ang binanggit mong hotel ay isang totoong hotel. Sa aking pagkakaintindi, ginagawang hotel ang buong condominium. Kung kaya, ipaparenta  ng hotel management ang mga unit na pag-aari ng mga indibidwal na investor. Hindi ako pamilyar sa espesipikong Tagaytay Condotel na nabanggit mo pero may sarili kaming kaparehong proyekto na kasalukuyang isinasagawa na ng KsK Coop.

Bumisita sa www.kskcoop.com, mag-email sa kskcoop@colaycofoundation.com o tumawag sa 631-4446 para sa karagdagang impormasyon

PAG-IIMPOK: Ang Ating Puhunan sa Kasaganaan

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Ni Melchor V. Cayabyab
                   Gaano man kalaki ang kita natin sa ngayon ay mauuwi din ito sa wala kung hindi tayo magiging masinop. Marami ng patunay dito. Mga artista na sumikat na kumita ng milyones na ng malaos ay balik sa paghihikahos. Mga nanalo ng jackpot sa lotto na matapos ang ilang taon ay balik sa isang kahig, isang tukang pamumuhay! Nasaan ang pagkakamali? Ang pagkakamali ay wala sa kung gaano kalaki o kaliit ang ating kinita kundi kung paano pinamamahalaan ang ating buhay pinansyal partikular sa pag-iimpok. Ito ang pagtatabi ng ilang bahagi ng ating kita para sa hinaharap.
 
Bakit kailangang mag-impok?
             May tatlong pangunahing dahilan ayon sa financial expert na si Francisco Colayco. At upang matugunan ito ay kailangang mapunuan ang tatlong sisidlan: proteksyon, hangarin sa buhay at pagreretiro.
             Pag-iimpok para sa proteksyon sa buhay. Walang kasiguruhan ang buhay kaya nga kailangan paghandaan ang mga hindi inaasahan tulad ng kalamidad, sakit, pagkabaldado, pagkamatay o kahit ang simpleng pagkawala ng trabaho. Kabilang na dapat pinag-iipunan ay ang emergency fund na katumbas ng isang buwang kita, cash reserves na katumbas ng anim na buwang kita at iba’t-ibang insurance depende sa pangangailangan . Ilan sa atin ang mayroon nito? Kung wala tayo nito, magiging mahirap sa atin kapag may biglaang pangyayari! Mahihirapan tayong makabawi at makabangon.  
            Pag-iimpok para sa mga hangarin sa buhay. Motibasyon ito ng marami, ang makapag-ipon para sa mga hangarin natin sa buhay tulad ng edukasyon ng ating mga anak,  magandang bahay, kotse, pagbabakasyon at iba pa. Mahalagang matamo ang mga hangaring ito bilang bahagi ng ating fulfillment sa buhay. Ganunpaman ay sekundaryo ito kung ito sa ating protection fund at kung maaari ay manggagaling sa ating passive income.
           Pag-iimpok para sa ating retirement. Habang pinupunuan ang sisidlan ng proteksyon at hangarin sa buhay, mahalagang nagtatabi din para sa ating retirement. Ito ay paghahanda sa panahon na hindi  na natin kakayaning magtrabaho. Tinatayang 85% ng nagreretiro sa Pilipinas gaano man kalaki ang kinita  ay  walang sapat na impok para ipantustos sa kaniyang mga pangangailangan para sa natitira pa niyang buhay. Hindi sapapat ang makukuha sa SSS o GSIS. 
           Mas maagang magawa ito mas maganda! Mas maaga dahil mas mahaba ang panahon na ito ay mapaghahandaan. Mas maaga para mas  maagang makakapagretiro. Masarap naman na sa panahon na malakas pa tayo ay  nag-eenjoy na ng buhay retirado!  Mas mapapadali ito kung kasabay ng pag-iimpok ay maglalagak sa pamumuhunan. (tinalakay na natin sa naunang artikulo)
 Paano makakapag-impok?
               Madaling sabihin na madaling mag-impok pero ang katotohanan na iilan lamang ang tunay na mayroon nito ang magsasabi na hindi ito nagagawa ng marami. Katotohanan din ito,  maging sa mga  napakalaki ng mga kinikita ng mga nagdaang panahon. Bakit nga ba? Paano magsisimula?
               Tratuhin ang pag-iimpok na OBLIGASYON at HINDI OPTIONAL. Gaano man kaliit o kalaki ang kita ay gawin  ang pag-iimpok na obligasyon sa ating sarili. At dahil obligasyon ay bahagi ito ng ating gastusin  na hindi isinasantabi kung kailan lang naisin  o kung may matitira sa ating kinita. Ito ay gastusin na ipinambibili natin ng ating kasaganaan sa hinaharap.
              Unahing bayaran ang sarili. Ang pag-iimpok ay proteksiyon ng ating sarili. At ang ating sarili ang pinakamahalaga nating yaman kaya dapat unahin ang pagtatabi ng impok sa pagpasok ng kita at anumang tira ay siyang pagkakasyahin. Baliktarin ang nakagawiang pormula  na KITA-GASTUSIN= IMPOK. Gawin itong KITA-IMPOK= GASTUSIN, anumang tira matapos itabi ang IMPOK ay siyang pagkakasyahin.
              Mamuhay ayon sa kakayahan. Sa financial wellness, mamuhay ayon sa kita pagkatapos ibawas ang IMPOK. Kung magagawa natin ito ay inilalapit natin ang ating sarili sa kasaganaan. Kung mamuhay naman tayo ng UBOS BIYAYA at lagpas sa ating kakayahan ay ilulubog nito tayo sa KUMUNOY ng UTANG. Maaari naman ang pana-panahong luho tulad ng pagbabakasyon, pagkain sa labas, panonood ng sine at iba pa dahil kailangan natin ito para i-recharge ang ating mga sarili. Basta ito ay hindi galing sa utang at manggagaling kung maaari sa ating passive income.
 
              Delayed Gratiffication. Madalas kapag kumita tayo ay UBOS BIYAYA. Tandaan kapag lumalaki ang kita, ang tendensiya natin ay gumastos din ng malaki. Dapat kasabay ng paglaki ng kita ay ang paglaki din ng itinatabing impok. Kung maaari ay ipagpaliban ang agarang pagsasaya sa pagdating ng malaki-laking kita. Ang ating naitabi mula sa pagsasakripisyong ito at paglalagak nito sa tamang pamumuhunan ang magdadala sa atin sa kasaganaan! Nagtiis tayo ng  maikling panahon para sa pangmatagalang kasaganaan!
             Magplano at Magbadyet. Planuhin ang mga gastusin ayon sa ating kita. Kung maaari ay suriin ang mga gastusin optional. Magugulat tayo na ang laki ng ating gastusin sa mga ito. Kasunod nito ay pagbabadyet at seryosong pagsunod dito.
            Matutong tumanggi sa mga hindi makatwirang hiling ng mga mahal sa buhay. Kapur-puri ang pagmamalasakit sa mga mahal sa buhay subalit dapat ding isipin ang ating sariling kapakanan at kaligayahan. Tandaan na ang pagtanggi sa hindi makatwirang hiling ng mga kamag-anak ay hindi nangangahuluhugang hindi natin sila mahal kundi nais lamang natin na  masiguro ang ating kinabukasan. At ang katotohanan ay makapagbibigay  lamang tayo kung anong mayroon tayo.Paano tayo makapagbibigay kung sinasaid tayo ng kanilang mga kapritso?
           Turuan natin sila magkaroon ng diskarte at pagtrabahuan kung anuman ang nais nilang mabili. Sa ganitong paraan ay nakapag-impok na tayo ay naturuan pa natin silang manindigan sa kanilang buhay pinansyal.
             Palaguin ang ating impok. Padadaliin ang pagtahak  natin sa  landas ng kasaganaan kung mapapalago natin ang ating impok sa pamamagitan ng paglalagak sa “tamang pamumuhunan”. Anumang lagpas sa kinakailangang emergency at cash reserves fund ay dapat ipinamumuhunan at hindi lamang nakalagak sa simpleng savings’ account. Maiuturing itong tulog na pera kapag ito ay pinabayaan nating maburo sa bangko ng mahabang panahon.
                Kailangan nitong kumita ng lagpas sa inflation rate para hindi malugi. Ang risk ng pamumuhunan na papasukin ay depende sa ating sapat na kaalaman sa pamumuhunan at tagal ng pagreretiro. Mas maagang nag-impok, mas mahabang panahon bago magretiro ay may mas malaki ang pagkakataon na harapin ang risk ng anumang pamumuhunan.   
               Mag-umpisa na! Now na! Bawat pagpapaliban ng pag-iimpok ay pagpapataas ng panganib  na hindi natin marating ang  kasaganaan. Bawat piso na bigo nating maitabi ay napakalaki ng oportunidad na nawawala ! Ito ang oportunidad na kumita  at maagang pagreretiro ng masagana!
Melchor V. Cayabyab is an educator, an entrepreneur, and a Financial Wellness Advocate of Colayco Foundation. He has been teaching economics for more than ten years now. He was awarded the “Most Outstanding Teacher of Manila” in 2003. As an entrepreneur, he is a successful distributor of different food supplements. Last year, he established “AHON SA KAHIRAPAN”, a micro-lending cooperative that aims to lend money with very low interests and at the same time help its members learn how to manage their finances properly.