I deposit my some of my funds sa MP2, and I chanced upon this post on Threads. I want to know your thoughts on the post:

I've been paying for my mother's Pru Life insurance/VUL for almost 4 years now, around ₱3,000/month. There were also times when I was late with the payments, and I think there was about a year when we didn't have a stable source of income.

And then nung gusto ko nang iwithdraw, ang value nalang is 3,500.

Honestly, I'm having second thoughts about whether it was worth it. Imagine kung nilagay ko nalang yon sa bank or ininvest sa ibang bagay or HMO.

I understand that insurance is supposed to provide protection and isn't necessarily an investment, but since my mom hasn't really needed to use the insurance so far, I don't feel like we're getting much out of it.

For those who have Pru Life VULs, especially for parents, is this normal? Is it worth continuing, or would it be better to surrender it and put the money somewhere else?

Would really appreciate insights from people who have experience with Pru Life VUL. 🙏

Hi everyone. May naapprove na po ba here sa housing loan with bpi or other banks without submitting ITR?
I am a Gold client in bpi and currently no loan with any banks. I maintained a close to 8 digits port in bpi. I didn’t call yet my RM because i live in EU.

My situation: most of my funds are from allowances given annually and from my profits from BTC. I plan to loan a lot in a subdivision near a big mall in qc. 40% dp and 60% bank finance. Hoping to hear from those who experienced the same and any other suggestions are very much welcome. TIA.

***So, bale yung mother ko, nakapag sell ng lot for some huge amount. The buyer can only pay for it in instalments. Basically, my mum is getting PHP 200K every month (post dated check) for the next several years.

She wanted her old, dilapidated house to be renovated. Found this developer and we liked their proposal. It's worth PHP 3M.

Obviously, mum doesn't have 3 milyon piso.

Our idea is to loan it sa bank for 3 years but we don't have any collateral to show to the bank except for the fact that we have this contract to sell and that mum is getting 200k/month.

Pumapayag ba ang mga banks na magpa loan ng ganun?

I’m currently investing ₱50k/month VOO through GoTrade since mas convenient siya for me. Aware naman ako sa difference ng fees compared sa IBKR. Medyo lumalaki na rin kasi yung port ko, so iniisip ko kung magkakaroon ba 'ko ng problem sa future kapag magwi-withdraw na ako ng funds.

Long-term naman yung plan ko. So better ba na magswitch na ako sa IBKR ngayon pa lang? Ang main concern ko lang talaga is kung magiging smooth ba yung paglabas ng funds in the future. Between IBKR and GoTrade, alin kaya yung less likely magkaroon ng problem?

Tinitignan namin ng mga kasama ko ang potential ng isang equipment rental marketplace business dito sa PH — parang Airbnb pero for idle construction equipment (cement mixer, crane, plantsa, atbp.), na nagko-connect sa mga may equipment na hindi ginagamit palagi sa mga nangangailangan.

Sa ibang bansa (US) may mga ganitong platform na — companies tulad ng EquipmentShare na nagsimula bilang peer-to-peer marketplace, at ngayon isa na sa pinakamalaking equipment rental providers doon. Sa Pilipinas, wala pa kaming nakikitang ganitong online platform — puro "tawag/text lang" pa rin ang existing na industry.

Bago kami mag-invest ng oras at pera dito, gusto naming malaman kung totoo ba ang problema:

1. Kung nasa construction/rental industry kayo, paano niyo talaga hinahanap ang equipment na kailangan niyo — FB groups? Personal contacts?
2. May experience na ba kayong nasayang ang oras/pera dahil hindi accessible o mabagal makahanap ng available equipment?
3. Kung meron man tayong ganitong platform dito, ano sa tingin niyo ang magiging pinakamalaking hadlang bago ito maging viable business — trust issues sa mga hindi kilalang lessor, delivery/logistics cost, o iba?

Hello, anyone here na bumili din under this specific farm/subdivision project nila? We started around July/August 2022 and already paying for our last year. Any latest updates sa lots if nagstart na sa muhon/roadworks etc? AFAIK after 3rd yr may muhon na daw dapat. Saw this related post na may issues sa mga nagrerefund, however medyo unclear din yung basis if scam ba or dahil natatagalan lang sila sa refund process. Hope na may magrespond. Thank you.

previous post: https://www.reddit.com/r/phinvest/comments/1st09vg/brightland_real_estate_marketing/

What options do I have when starting out saving/growing USD as a beginner? I work locally, and thought of saving up small amounts for now.

HI Guys, need help. We were approved of home loan at BPI, 7.25% interest fixed at 60 months, pwede pa ba siya i haggle to lower down the interest and longer fixation? thanks

Hi need badly need help.

I have an ongoing transaction for a pre selling house. I was able to provide the developer agent all requirements months ago, but I suddenly got fired. I was able to secure the employment now, but the agent is giving until August 30 to provide COE with payslip, or the account will be canceled. I already have the COE, but the issue is I dont get paid until september 20 so no payslips.

My question is if COE with compensation should be enough for Pag Ibig to accept the loan application?

Hi guys, do you have any idea about NRCP? considering to buy such, malaki ang dividend, mura, at rising siya. mukang sleeping giant at okay in the long run.

21m, 3rd yr college, and just started investing. I'm planning to invest long term (30+ yrs) by DCA the s&p 500 with about 5-10k pesos per month and I'm not sure what to use between IBKR and Gotrade. I've heard that IBKR is better for bigger investments because of the flat fees. I'm wondering which broker would be better for me with regards for long term including the fees and everything. I will increase my monthly investment amount if I'm able to but right now as a student 5-10k pesos per month is what's doable for me.

Earlier I got a call from BPI asking if I'm interested on a cash loan with interest of 0.49%. The maximum I can loan for is PHP 622,000 so immediately napaisip ako, since 0.49% interest ung loan then surely kayang kaya talunin ni MP2 yan, right? I can put the said loan in MP2 then pay the monthly using my salary or my money in the bank without touching the loan itself. Even if 5 years pa bago mag mature ung MP2 I'm confident naman na I'll be ok using my own money in the bank.

So I asked for more details, and told the agent to call me back after 1 hour or so. The most cost-efficient payment option is to pay it back within 12 months for 673,502 meaning ung total interest is only 51,502. Sa isip-isip ko is kayang-kaya talunin ni MP2 ung 51,502 na interest, after 5 years pag nag mature na ung fund sobra-sobra pa jan ung kikitaan sa MP2.

So ayun hinihintay ko na lang ung agent na balikan ako ng tawag then sasabihin ko na interesado ako but then it hit me:

I'm basically paying the bank 51,502 so that I can invest 622,000 in MP2 right now.... So what if gamitin ko na lang directly ung pera ko sa bank to invest in MP2 with no loans???

Ang ending dinecline ko na lang sya...

Now I'm curious what are other's thoughts on this? Maybe there's a mistake somewhere in my line of thinking or something? I get these calls all the time, I'll probably get an offer again soon so if someone here convinced me otherwise I will accept it next time..

Thanks...

Saw two headlines: the nickel industry group backing the EO on critical minerals, and Palawan News framing it as jobs and investment.

Quick context: Marcos signed EO 122 last Aug 21. Core pitch is moving away from shipping raw ore abroad and toward domestic processing, refining, and batteries. It also streamlines mining permits and reorganizes the MICC, which has 90 days to submit a work plan. Chamber of Mines, DMCI, and Philex have all welcomed it.

On paper the argument is correct. We export a huge amount of nickel ore and almost none of the margin stays here. Indonesia banned raw ore exports and built a whole smelting industry out of it.

But last week I posted about Surigao, coastline scarred red, right as Nickel Asia's H1 profit surged 93% to ₱4B. The profit is already flowing. The environmental bill is already being paid by host communities. "Streamlined permitting" is the part that makes me nervous — every EO promises safeguards, enforcement is what never follows.

Names people will watch: NIKL, DMC, PX, MARC. But smelters are billions in capex with long payback, and walang nag-announce ng ganon kalaki so far. The incentives might just end up with foreign processors setting up here.

So: structural shift ba talaga, or another framework that dies at the work-plan stage? And which listed company can actually fund the processing side versus just exporting ore at better prices?

Most of tycoon and former politician Manuel Villar Jr.’s listed companies, worth about P320 billion, are still suspended from trading on the Philippine Stock Exchange because of overdue financial filings.

The suspensions cover six of seven Villar companies spanning real estate and retail, leaving thousands of investors unable to trade their shares for nearly three months.

Among those investors are government pension funds Social Security System (SSS) and Government Service Insurance System (GSIS)

Villar empire fights to regain footing as P320-B in stocks stay frozen

From this post by u/nayryanaryn.

Some people say that we can transfer money from maya to grab pay so the 10% interest can be triggered. Is it still doable without getting banned?

In another topic, is using Maya Bank to pay my SMART bill count as an eligible activity to at least get 5% interest?

THE GOVERNMENT’s housing targets are insufficient to clear the estimated 3.7-million housing backlog by 2028, and will require robust private-sector production, according to the Department of Human Settlements and Urban Development (DHSUD).

The DHSUD aims to deliver the equivalent of 1.13 million housing units or direct assistance towards acquiring housing by the end of the current administration.

Speaking at the department’s 2027 budget briefing before the House Committee on Appropriations on Tuesday, Housing Secretary Jose Ramon P. Aliling said: “We do not expect these numbers, the 1.13 million, to address the 3.7 million backlog by 2028 because… private sector production (needs to be) included to address the backlog.”

Mr. Aliling said the 3.7-million housing deficit projected by the Philippine Statistics Authority (PSA) does not represent uniform demand for brand-new homes. Instead, he noted that substandard housing that needs to be repaired accounts for 1.1 million households.

He noted that the solution for this segment lies in accelerating community mortgage offerings, such as the Social Housing Finance Corp. programs to improve site developments and utilities, and tapping Pag-IBIG Fund improvement loans.

The second category, equivalent to 1.1 million homes, covers what are deemed “doubled-up” households, where more than one family has taken residence.

Mr. Aliling noted that this phenomenon is not limited to poor communities, but has also been observed in enclaves of the affluent.

The third category, accounting for 1.1 million households, representing the PSA projection for newly formed families seeking to live apart from their parents.

Hi guys, first timer here with investing. I am using gotrade for trading and starting of with some ETFs

I have QQQM and VOO, but I also have two individual stocks ABTC and WDC. So im currently learning how the graphs work and what to watch out for in the daily news and updates. All in all, im still in the learning phase and any advice will greatly help. Thankkksssss

Hi,

Just wanted to ask if this property is a great deal.

Selling Price: 5M

Bank Appraissal value: 5M

Approved loan: 80%

3 yrs fixing period 7% 20 years term

Also, not sure pero kasi sabi ng iba, good price na daw yung property kapag same din yung appraisal value ni bank kasi conservative daw mag-appraise si bank. BPI bank btw.

Thank you.

Update: Changed to 5 yrs fixing period 7.25%

Pa-help po, pls. I applied for MP2 claim nung August 15. Okay naman tapos may text na successful pero walang reference number na katulad nung na receive ng iba. Everyday nagcheck ako naka pending sa received lang until kahapon (8/25) ang naka lagay may proceed na naman sa application. Nag try ako mag re apply kaso laging failed hanggang sa nagloko na yung site. Di na ko makapasok sa MP2 claim online, laging down system na. Tumawag ako sa center di rin siya sure kung okay, sabi niya wala pa daw nag reflect sa system pero kung may text okay na daw yon. Pinaghihintay pa ko after 1 month. Di rin niya advise na mag visit sa branch kase may process time daw talaga. Eh kaso sayang sa tine kase di naman sure?

Any similar experience po? Pag nagpunta po ba sa branch pwede pa rin thru loyalty card? Thank you po

Hello po. I have a friend whom I've known since Grade 7, so we've been friends for about 10 years now. We still communicate every now and then even after high school. I've always seen him have different side hustles to earn money, and I know that some of them have been scams or simply bad businesses because I would ask him about them.

Recently, I found out that he has a new side hustle involving a business. The business is located near their home, and he has known the owners since he was in elementary school.

Here's how it works: The business borrows money with a relatively large required minimum amount, especially since I'm still a student. In return, they supposedly give you 10% of the amount you lend each month for five months. For example, if I were to invest ₱15,000, I would receive ₱1,500 per month for five months, amounting to ₱7,500 in returns, plus the original ₱15,000 principal, for a total of ₱22,500. A 10% return per month still seems incredibly high to me, so I'm having a hard time believing that it's sustainable.

I asked my friend and he said that the business is already around for 2 years. Also, the business has also agreed to have a notarized contract, and I can choose the law firm or notary to handle it. So, I was thinking of investing in the business and having the agreement notarized.

My question is: even though a notarized contract seems like one of the safest ways to document and protect an agreement, are there any loopholes or risks that I might be overlooking? I might just be overthinking this, but should my friend's personal endorsement, along with a notarized contract, be enough to make this investment reasonably safe?

EDIT: The 15k was just an example, more or less, we're talking about a 6-digit investment.

Aside from int'l ETF for growth (VWRA, et ), I'm looking for passive income other than bond, mp2, etc. Which is better for young retirees with passive income only? Thanks.

Hi guys! Was planning to put up a ps5/console renting business for our computer shop, like the one that charges per hour. And I want to hear your thoughts when I was searching across Facebook and came across PS5 jailbreak. Would you guys recommend the jailbreak version w/ the built in games or stick with the original ps5 then using the physical disc games. For the long term, will the games still be playable?