Chiang Michael
MemberSingaporean expat in the Philippines
Forum
24 posts
Contacts
7
About me
Singaporean
Lives in Manila
Speaks English, Mandarin, Visayan
Registration: 31 August 2013
Activity
Investing in a small business by MULLIGAN
Hi, I am originally from England lived in the U.S for 10 years. Currently here in the Philippines. Not happy with my life in the U.S and want to move to the Phil permanently. I have some money to invest in a small business (20,000$) but don't know ...
Hi Sir, I have read the posting you have posted and also read the comments & replied of other members to you. I noticed many advices are given to you. I think you are a bit confused, right? Some advice you to invest in properties or stocks and ... Read More
Investing in a small business by MULLIGAN
Hi, I am originally from England lived in the U.S for 10 years. Currently here in the Philippines. Not happy with my life in the U.S and want to move to the Phil permanently. I have some money to invest in a small business (20,000$) but don't know ...
Mr. M uiligan, I forgot to add some suggestion. Use only 40% of your money for doing business, the other 30% is for holding on to your business till its grow and the remainder 30% is for your rainy days. I have lived in Cavite, just outside Manila ... Read More
Investing in a small business by MULLIGAN
Hi, I am originally from England lived in the U.S for 10 years. Currently here in the Philippines. Not happy with my life in the U.S and want to move to the Phil permanently. I have some money to invest in a small business (20,000$) but don't know ...
Hi Mr. Muiligan, Have you decided on what kind of investment are you going to do? Its seem like many of our members have contributed ideas to you. I hope these ideas are useful and honest to you. You've a bright eye sight of the Philippine's ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Sir, I also read Bout their incident and what about Sun Life? I read thSt they Re sound and they are No.1 in the philippinesarket now. Thanks. Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
HI Dophened, Thank you for your advised and I have checked on what you have told me. I find the funds provided by the insurance companies quite interesting. As for you what and which insurance company have you invested in? Please tell me which fund ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Wrong spelling "done members and done income" it should be 'some' for both corrections. This food business is good but generally most working class Filipino will look for economy food to eat. Unless it is a salary day then they will bring their ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Sir, I sincerely apologize for making you and fellow member confused. I'm here to retired and I've acquired my Filipino citizenship already. My meaning of "I'm not really here to retire" means that even I am retired I still carry on working and look ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Sir, I think you have a very good point there as I also look at their profoilo and wondering about it. What about BPI Australian dollars time deposit? They give good interest rate also. Thank you. Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Sir, I know that if the Peso goes bust and we are only guarantee P500k and the withholding tax is 20% deductible from our gains. I was told that Bank of Makati (a rural bank) pay 5% for deposit below below 5 years fixed deposit and 7% for above 5 ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Sir, in Singapore our bank interest rate for $1 to $99,999.00 is 0.35% P.A. And here in Phil is 5% PA. You see the difference? Thanks Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Hi Sir, I guess you are right about my money. Why go thru so much risk to do business where I can put it in a Phil bank to earn interest. If I put P20M in the bank and earned their 5% p.a I can survive on that interest. Every month I get 83K and I ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Actually, I don't only come here to retired, my retirement is only my second plan. My main reason is to come here to earn more money for my next generation to spends. Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Hi Mr. Ramblingroad, THank you very much for your wonderful suggestion and thoughts. I have lived and worked in the Philippines since 1995 and I have seen and experience my share of the good and bad of this country. During the 2004 Philippine's ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Hi sir, we both share the same thinking as I was told by many friends of mine that the bubbles will burst soon and those who buy may be caught on a situation. The best time to buy a condo is when the market is way down to the bottom and I think it ... Read More
Condominium or precious yellow metal for investment? by michael3
Hi members, I have many valuable advice from the veteran here with regard to doing business in the Philippines, some suggested that I should keep my monies in the bank, some said why am I in a hurry to lose all my money and I guessed you guys are ...
Hi, You said that you are in charged of the CBD area in Makati CBD (Legaspi Village & Salcedo Village) and Fort Bonifacio Global City. 1) Please tell me which type of apartment are the easily to rent out in these areas. What I mean is the 1 ... Read More