Comments on: I Have Seen The Light… http://www.marketmanila.com/archives/i-have-seen-the-light A food blog that talks about food, produce, recipes, ingredients, restaurants and markets here in the Philippines and around the globe. Sun, 12 Feb 2012 07:35:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Nowell http://www.marketmanila.com/archives/i-have-seen-the-light/comment-page-2#comment-138589 Nowell Tue, 21 Oct 2008 01:32:08 +0000 http://www.marketmanila.com/archives/i-have-seen-the-light#comment-138589 Hi MM, Very informative. just confused on compounding interest. how do you compute that? example on 5000 savings per month in 30yrs you get 11m.... thank you in advance MM :) Hi MM,

Very informative. just confused on compounding interest. how do you compute that? example on 5000 savings per month in 30yrs you get 11m…. thank you in advance MM :)

]]> By: Grace http://www.marketmanila.com/archives/i-have-seen-the-light/comment-page-2#comment-138260 Grace Sun, 19 Oct 2008 20:21:37 +0000 http://www.marketmanila.com/archives/i-have-seen-the-light#comment-138260 Sorry for posting 3 times in a row.I was just browsing thru your replies catching up, as i normally visit the food and recipes that you post more often. I've learned so much from this topic, infact I'M SO THANKFUL as this can be a great tool for us. I gathered that you gave another interesting example for real estate investments that didn't turn out well. I too have heard of someone who bought Pacific Plaza at 16M from its original price of 25M. I guess it pays to study your investment very well before buying it. After reading the analysis that you did i'd like to be called fried-neurons as well! Just kidding :-) but seriously, if you really are trained to do the math and you've seen rental trend in your area(especially if its located in a developed area), I would say that it is indeed better to rent and invest your other money in a more lucrative investment. That is if you are like MM who's an investment banker or atleast have a good cosultant . As I see it real estate is best for some people because they just have to find a GOOD LOCATION and a GOOD DEVELOPER and wait for it to appreciate. That's why its a good thing you post another topic on how stock market can easily be understood this will give people an option on what they really need.. Sorry for posting 3 times in a row.I was just browsing thru your replies catching up, as i normally visit the food and recipes that you post more often. I’ve learned so much from this topic, infact I’M SO THANKFUL as this can be a great tool for us. I gathered that you gave another interesting example for real estate investments that didn’t turn out well. I too have heard of someone who bought Pacific Plaza at 16M from its original price of 25M. I guess it pays to study your investment very well before buying it. After reading the analysis that you did i’d like to be called fried-neurons as well! Just kidding :-) but seriously, if you really are trained to do the math and you’ve seen rental trend in your area(especially if its located in a developed area), I would say that it is indeed better to rent and invest your other money in a more lucrative investment. That is if you are like MM who’s an investment banker or atleast have a good cosultant . As I see it real estate is best for some people because they just have to find a GOOD LOCATION and a GOOD DEVELOPER and wait for it to appreciate. That’s why its a good thing you post another topic on how stock market can easily be understood this will give people an option on what they really need..

]]> By: Grace http://www.marketmanila.com/archives/i-have-seen-the-light/comment-page-2#comment-138252 Grace Sun, 19 Oct 2008 19:19:31 +0000 http://www.marketmanila.com/archives/i-have-seen-the-light#comment-138252 To your reader Canadian Man, i can recommend him to some of the broker's that i know he can probably just choose who among them and if he wanted a project from our company then he can email me :-) To your reader Canadian Man, i can recommend him to some of the broker’s that i know he can probably just choose who among them and if he wanted a project from our company then he can email me :-)

]]> By: Grace http://www.marketmanila.com/archives/i-have-seen-the-light/comment-page-2#comment-138246 Grace Sun, 19 Oct 2008 19:06:45 +0000 http://www.marketmanila.com/archives/i-have-seen-the-light#comment-138246 I'm surprised you did a great job here (as always) by helping so many people and yes the company that i worked for really did a great job in terms of real estate development but you're absolutely right (with the alabang development) that's why their greatest project to date is still Forbes Park (and ofcourse makati). As to those balikbayan's if you really have the need to buy a condo for you have a place to stay whenever you visit manila i suggest you go for a condotel type of development. It is best if you want it for investment as well:-) I used to work with a developer who successfully run a condotel in the south and the owners are very happy with the income since their hotel is fully booked most of the time as there are limited no. of hotels in the area. Bottom line, it is still best to buy a property (for investment) with a good location. For personal use it will always be comfort and accessibility to the things that are important to you :-) You may drop by at <a href="http://marigracereyes.multiply.com/" rel="nofollow">my site</a> and pm me if you have some questions about properties i'll be glad to help you. I’m surprised you did a great job here (as always) by helping so many people and yes the company that i worked for really did a great job in terms of real estate development but you’re absolutely right (with the alabang development) that’s why their greatest project to date is still Forbes Park (and ofcourse makati). As to those balikbayan’s if you really have the need to buy a condo for you have a place to stay whenever you visit manila i suggest you go for a condotel type of development. It is best if you want it for investment as well:-) I used to work with a developer who successfully run a condotel in the south and the owners are very happy with the income since their hotel is fully booked most of the time as there are limited no. of hotels in the area. Bottom line, it is still best to buy a property (for investment) with a good location. For personal use it will always be comfort and accessibility to the things that are important to you :-) You may drop by at my site and pm me if you have some questions about properties i’ll be glad to help you.

]]> By: Jun http://www.marketmanila.com/archives/i-have-seen-the-light/comment-page-2#comment-137517 Jun Thu, 16 Oct 2008 01:59:23 +0000 http://www.marketmanila.com/archives/i-have-seen-the-light#comment-137517 Hi MM, Cool so you are very familiar with Singapore and thanks for the advice. Actually when I think about it deeper what are we going to achieve if I sell the house now. Probably be able to upgrade in a bigger house once the market price drop further and $100k richer but again I have to pay higher on amortization. Currently I only pay about 10% of our household income on the amortization. If I rent I will still pay the same amount or if I upgrade I will pay about 20% of our household income. Will it change our life dramatically? Not really I will still need to work till I have enough on my retirement nest. But should I wait for my retirement?. Like you I have the courage to go back in 1998 in Manila to try our luck in food business but we got burn and lost our savings. Me and my wife still have that passion for food and we are thinking of starting something again. This time we will be wiser I will continue to work :) while my wife manage the business. This time our objective is to satisfy our passion to share good food not merely to profit from it. I'll keep u posted ;) Hi MM,

Cool so you are very familiar with Singapore and thanks for the advice. Actually when I think about it deeper what are we going to achieve if I sell the house now. Probably be able to upgrade in a bigger house once the market price drop further and $100k richer but again I have to pay higher on amortization. Currently I only pay about 10% of our household income on the amortization. If I rent I will still pay the same amount or if I upgrade I will pay about 20% of our household income. Will it change our life dramatically? Not really I will still need to work till I have enough on my retirement nest.

But should I wait for my retirement?. Like you I have the courage to go back in 1998 in Manila to try our luck in food business but we got burn and lost our savings. Me and my wife still have that passion for food and we are thinking of starting something again. This time we will be wiser I will continue to work :) while my wife manage the business. This time our objective is to satisfy our passion to share good food not merely to profit from it. I’ll keep u posted ;)

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