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Can I get 7% to 8% annual passive income with my P5M ?

NewbieInvestor2017 · 33 · 11081

IGX

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I know a couple of people who got into this, not investing but borrowing from the loan sharks lurking in the casinos.

No need for post dated checks, pero kuha ang passport (US citizen na balikbayan kasi). And they will track you down, meron pati police (under their payroll?) who will enforce payment of the loan.

The other one naman, they'll go after your family/business para makasingil.

BTW That 7-8% per annum is less than peanuts.
5% a month is doable for financing gambling, kasi charge nila sa kilala ko, initially, was 2% per week compounded pa, pero lumaki pa ata later.

Not sure kung considered VIP player, pero free hotel lodging and food etong kilala ko who once lost more than 1.5M in one night.

A close friends friend who's father has a high position as a cop, they both invested close to 2M.   Until now they are not able to recover their investment.   Payments stopped coming since 2017 January.

I'm skeptical about these types of investments.

thanks. btw yung pinareserve ko half lang na allot sa kin.  :thumbsdow
eto pala rate from smcglobal power webpage

Series D Bonds: 5.3750% p.a. Due 2022,
Series E Bonds: 6.2500% p.a. Due 2024
and
Series F Bonds: 6.6250% p.a. Due 2027


Available pa kaya ito?  I got 4% from Maybank net already and the 6.25% looks enticing.



okpinoy

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few suggestions...
(1) cost averaging on mutual fund, uitf or vul. you may want to check out pse index based funds. pse is doing great so riding it will do you good as well. check out this very good ebook about phil. mutual funds... Mutual Fund Secrets
(2)  buy blue chip stocks and hold for a long term.
(3) find farmers (not online) with good reputation in batangas. piggery is doing great there and may give you income of around an average of 5% a month. do not look online, there are many scammers. only farmon.com is the one i trusted.
(4) forex trading - find a conservative strategy or "expert advisor" program that can earn you 1%-10% a month. it may be scary at first but i've been doing it for many years now and so far so good.
« Last Edit: Dec 03, 2018, 12:31 PM by okpinoy »


 


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