Note that initial investment for these gas stations are below half a million, while building one’s own gas station will cost 4 to 5 million pesos, even more. That’s just the structure. And I’m not yet talking about the initial inventory, few months of lease and salary for manpower. All these are cash out before you start earning. So lots of cash buffer needed.
We have manageable investments in FarmOn since 2017 and so far so good. In case you missed it, we’re actually compiling the historical returns we received from FarmOn, so if you’re also curious about FarmOn, I suggest you bookmark the following link: Updated and Historical FarmOn ROI We will update above page as and when…
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Like it or not, money is something that affects almost everything we do, and with a specific income, we try to manage our finances as best we can. Of course, we are all unique, especially in the way we respond to things, and for some, to be in debt is a very stressful experience. There’s…
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How would you like to lend money to a corporate giant like San Miguel and its subsidiaries? Well, here’s another chance for you. Listed conglomerate San Miguel Corp (PSE: SMC) disclosed today that its power unit, SMC Global Power, has received approval from the SEC on their corporate bonds offering. P60-billion SMC Global Power aims…
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Yes, even retail investors like us with lower capital can actually lend money to big companies like BDO and Petron for their business operations. BDO LTNCDs Listed unibank BDO (PSE: BDO) issued a press release this morning that it shall be issuing LTNCDs starting today, March 27. The bank expects to generate at least PHP5-billion…
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#AskGeri – KAPA “Investments” Just last week, I received a question (via Rich Money Hacks Facebook page) from an avid reader who’s also a concerned citizen to his friends. He was asking whether I was familiar with Kapa Investments, offering 30% compounded monthly returns (yup, you read it right, not per annum but 30% monthly…
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