I am a student. How can I profit from my savings?

[mark_mark]

hi! i just wanna ask some tips on how can i profit from my savings, yung mga nasasave ko sa allowance ko....:)

[Adroth]

Invest in yourself. Take courses that are relevant to your career goals.

The returns you will get are far greater, in the long run, than any savings or business scheme.

[earningcenter]

Congratulations, you're such a wise person, thinking of saving rather than spending.
First, try putting your savings in a savings or time deposits, what can you get? 5-10% annual interest? well not bad huh! If you have Php 1000 in your savings you earn Php 50 to Php 100 in one year.

Second, try putting it into business. Yes business, now let me explain... you can invest as small as 1000 box or smaller into a business which can generate a large income.
Consider this, After you watched a good movie you tell it to your friends right and you even recommend it to them. When your friends watched the same movie did you earn something out of your recommendation? But the Movie house did! the movie industry earned more! Now, what if you recommend something you like and get a chance to earn out of your recommendation?
Is there something like that? Yes there is! Network Marketing - you earn while you consume the product at a discounted price and refer it to your friends. Now, pyramid scam is different, here, you pay for something without getting any product but all promises. beware of this kind of pyramiding. What I'm saying is, if you want to consider Network Marketing, just remember that when you pay, you should get a product that is commensurate to the amount you paid.

Here is an article you might consider reading... give it a chance, keep an open mind, after all you'll not loose anything. Try visiting www.butil.net
If you need more advise you can reach me at earningcenter@hotmail.com
"Opportunity is not lost, it simply goes to those who are ready." Are you Ready? Good Luck and God Bless!

[Adroth]

Originally posted by earningcenter
Congratulations, you're such a wise person, thinking of saving rather than spending.
First, try putting your savings in a savings or time deposits, what can you get? 5-10% annual interest? well not bad huh! If you have Php 1000 in your savings you earn Php 50 to Php 100 in one year.

Second, try putting it into business. Yes business, now let me explain... you can invest as small as 1000 box or smaller into a business which can generate a large income.
Consider this, After you watched a good movie you tell it to your friends right and you even recommend it to them. When your friends watched the same movie did you earn something out of your recommendation? But the Movie house did! the movie industry earned more! Now, what if you recommend something you like and get a chance to earn out of your recommendation?
Is there something like that? Yes there is! Network Marketing - you earn while you consume the product at a discounted price and refer it to your friends. Now, pyramid scam is different, here, you pay for something without getting any product but all promises. beware of this kind of pyramiding. What I'm saying is, if you want to consider Network Marketing, just remember that when you pay, you should get a product that is commensurate to the amount you paid.

Here is an article you might consider reading... give it a chance, keep an open mind, after all you'll not loose anything. Try visiting www.butil.net
If you need more advise you can reach me at earningcenter@hotmail.com
"Opportunity is not lost, it simply goes to those who are ready." Are you Ready? Good Luck and God Bless!


Warning! warning! Another Network Marketing pitch. Warning!

[Totnak Boy]

copy-paste. ahehe.

i've heard about butil, my mom joined the network but immediately lost interest in it. masyado kasing maliit yung product (sack o' rice). adheres to the interest of the common tao I believe... prolly my mom has an eye for the bigger bucks...

[Dudeman]

Network marketing is a scheme based on micro-earning.
If you dig into the details of such marketing strategy,
Philippine firms tend to emphasize more on gaining more
marketing people (by using the downline-scheme, which is
pyramidal by nature, but is more stable in the long-run(for the
business).

With the emphasis on gaining more people,
Businesses like these are doomed to poor-quality products.
People get addicted to the marketing scheme, even if the
product is no good.

Watch out for this scam. I personally have been FOOLED
by this MARKETING SCAM. The RETURNS are not that good.
And you have to WORK like an EMPLOYEE and TALK a lot
to BRING people to PAY on your behald so you could EARN
in return. Its hardwork not paid well, and the business gains
a lot than the marketers.

Same words of hope there, Marketing man!!!! Find other
means to earn, I advise you!

[Dudeman]

I encourage young people as Adroth does.

Take your education seriously. Focus on that entrepreneurial
spirit of hardwork and vision. Material wealth does not
come in like the rain. You have to earn it.

For a student, if you have a large VOLUME of funds. Perhaps,
as early as today you can invest in venture capital funding.
This is a legal way of making your funds grow more than if it were
to stay in the bank.

Venture capital simply makes your money dynamic by lending
them to enterprises. These enterprises then make PROFIT from
the CAPITAL you virtually provided.

Venture capitals usually makes use of the 3% per month scheme.
Invest 100,000 then get 3,000 a month. It is a clean and
productive way to earn.

But if you are quite less in volume, I guess it would be
better to leave them at the banks for a while...

[Totnak Boy]

well there are networking schemes out there that look pretty efficient and stable by me, looking at their FS, check-and-balance measures and all that, so it's difficult to generalize.

but i admit networking requires a great deal of effort from the marketer. it would even go to the extent of requiring the marketer's full attention on the business just to earn decent returns. so sorry earningcenter but it's not advisable for students who have their hands full with co- and extra-curriculars to venture into your business.

[earningcenter]

Network marketing is not for everybody, i admit. I guess it's only for people who are ambitious, self-motivated, open minded indidivuduals who has big dreams and doing something to attain them.

The product of Butil comes in a quarter sack or 12.5 kgs. per bag....why? Because it is handy and made affordable for class C or D people- people who only buy a kilo or two for a day's meal, wouldn't you think this is quite a help for them. Business opportunity for as low as php 850 as investment, but has an opportunity to amass great earnings? Plus the product is our basic need...rice... everybody eats rice right? At least here in the Phillippines. So why don't we give ourselves an opportunity to earn while we eat rice.....

I am sorry that your mom didn't make it in this program but you said so yourself, she didn't work on it coz she didn' like the packaging of the product. But let me ask you did she lose anything with her 850 peso investment? I guess none but the opportunity to earn 100 thousand per month.

[Dudeman]

Everyone has a point. I guess people at working age with no work can consider such line of job. Expecially for the class
C and D.

An investment of 850 Php is not that bad. But for the student, this ain't a good option. Nor for a university graduate, who studied all his/her life. It's the under employment factor that makes MLM a questionable line of work.

Alas, as jobs are getting harder to get. Sometimes the call of survival requires people to maximize their chances.

[earningcenter]

Precisely the point Dudeman...... in America networking or MLM is a big thing that is a why their employment rate is not as high as ours.

And you're right again in another thing that MLM does not choose anybody, it is for EVERYBODY.... but you have to be smart, self-motivated and enthusiast - attitudes which are not necessarily learned from school. It doesn't really matter if you are in A or D, students or professionals as long as you have the right attitude and what it takes to be succesful in the MLM business, you are very welcome to join the networking world.

I personally know people who, work in big companies like Meralco and with High ranking positions, such that senior Managers who are doing an MLM business. Why? Because they have an open mind and believes in the system.

You said so yourself, we are being drowned by unemployment what else do you think is the best alternative for our would be graduates? or the unemployed out there?

Class A or D there's an available MLM business for you it will only depend on the products that you would want to market. And of course, the required attitudes.

[Adroth]

Originally posted by earningcenter
Network marketing is not for everybody, i admit. I guess it's only for people who are ambitious, self-motivated, open minded indidivuduals who has big dreams and doing something to attain them.


Not to mention a willingness to use other people for one's own benefit; and turn them into clones of yourself. :cool:

[Totnak Boy]

Originally posted by Adroth


Not to mention a willingness to use other people for one's own benefit; and turn them into clones of yourself. :cool:

dude, when a company hires you as an employee, wouldn't you say they're doing the same thing? I dunno about making you their clone (albeit it can be paralleled to one's desire to reach a higher position in the organization) but they're definitely using you for their own purposes. I mean, isn't this what business is all about? ;)

in fairness to some MLM, some do have clean intentions, such as Butil (I believe it was started by NFA as a drive for better rice distribution in the country, and seeing that MLM is an effective way of distributin products, then NFA embarked on the prospect). Plus di ka talaga lugi dahil kanin ang binibili mo, at market prices even. Anyway I think I'll leave all the butil-talk to earningcenter :)

[earningcenter]

Thank you very much totnak boy. You are very right!!!

As for you Adroth , I am sorry that's how you look at MLM, but as for us we don't see it that way. Infact we see MLM as a way of helping people, both the consumers and the associates. HOW?

The product is sold to the consumer directly, meaning you do not need to go through a middle man to get the things you need.
For instance, when buying clothes you may go to a department store or you may buy from someone who sell RTW. Where do you think you can get less price for same item? Right, the one selling it to you directly, why, coz the person does not need to pay or rent a space in a department store to sell the products, he also does not need to pay personnel to assist the lookers or shoppers who are not sure yet to buy the products and sometimes, even excuse themselves from the taxes that are being paid by these manufacturers. Where do you think the manufacturers get the money for these operation costs? Right again, passing it to the consumers who'll buy their products. That is the help MLM is doing to the consumers.

As for the business associates, they are not forced to do this business it is a choice. Everybody has a choice, it may be a choice between augmenting an income or be contented with your present salary.... nobody put a gun on them when they decided to do the business.. though there are some unfortunate ones who were mislead by some illigitimate MLM companies - the so called pyramiding scam... which actually is damaging the image of the MLM business. Remember when somebody buys a product it is safe to presume that he/she needs it, the business that goes with it is, again, a choice. You may or you may not do the business it's up to you. But basically, the product is what is being sold to the consumers.

This is the tip i can give you when an MLM product is offered to you, you should get the worth of the money you are shedding out... if you are to pay without getting a product then by all means say NO, it might probably be a scam as what you are saying.... but please do not generalize.... MLM is good it's one of the most compensated job in US.

If you want i may email something bout Butil ... only if you want.

[dasybian]

Originally posted by Dudeman
Venture capital simply makes your money dynamic by lending
them to enterprises. These enterprises then make PROFIT from
the CAPITAL you virtually provided.

Venture capitals usually makes use of the 3% per month scheme.
Invest 100,000 then get 3,000 a month. It is a clean and
productive way to earn.

Seems more like traditional lending than venture capital to me.

Also, a business borrowing money at 3% monthly has to generate returns in excess of 36% annually just to pay the interest.

The "clean and productive" phrase here does apply to the borrower, as in being taken to the cleaners.

Just my thoughts on the matter. Peace.

[Dudeman]

Yes, thank you for the comment.

3% percent is for the micro-financing ventures.
Much like the bumbay stuff that is rampant in rural areas and
the marketplace.

Venture capitals strike the balance more between creditor
and debtor. Last thing I heard, fims are offering
6-10 percent per annum in interest. There goes for medium-term
enterprises.

But I'm not quite familiar with the rates today.

[mark_mark]

thank you so much for all your tips and comments.:)

[craxtech]

whats the specific investment? and what company must i engage to? im also interested

[jahnna]

wanna to get your money's worth eto join kayo sa min sa e-card..:) you can possibly earn P4,800/day

membership is P1,450....

from that ul get

*PCI Equitable Visa electron
* Family Accidenal Insurance coverage

*as a member you can buy prepaid cards at a discounted price (Cellcards at only P266/card, internet cards, SM and Robinson Movie cards for only P47, ER5000,teletipid etc...) kahit isa lang pwede!!!!!

*levi's products may disount din
*dakki at a wholesaler price

and many more.........


basically its a networking.....the difference here is that you invest so little but the benefits are great!


(optional lang to) the products are the most basic thing..things u need /use everyday....which you can buy at a lower cost, guaranteed that of good quality..mura kasi direct from the manufacturer...by patronizing the product you even earn points....
pag nag-grocery ba kayo sa labas ul earn poits? ** yes na yes....




those who are interested pls PM me....


:)


c u!!!!!!

[CollegeKid]

http://image2.pbase.com/u7/tqlmll/upload/1175562.Makatiskyline.JPG

[honey20]

it depends on what kind of investment you would want to put your money....you have to consider a lot of things like your lifestlye, meaning how you spend and how you earn... a lof of us Filipinos have difficulty on savings simply because we follow this equation: income-expenses=savings.......this is so wrong...sometimes we haven't received yet our salary and yet we think ahead of time of what to buy....we think of spending and paying our bills/expenses....... it should be like this: income-savings=expenses........if you earn 15t, try to save 2t or 1t and then you can do what you want with your 13t or 14t... i hope this helps...

if you want to profit from your savings then you should find a vehicle that will make your money work for you not you working hard for your money. find an institution that will give you a higher interest rate compared to banks that is very legal.....good luck on your savings!!!!!

[SILENTMAX]

dude pare.
you are wise beyond your years saving is good spending is bad.

"its not how much you earn but how much you save"

ok now for the help

since your starting at a micro level. i would suggest the following

-save it up to a sizable capital 1k good 5k better 10k great

now observe........ observe what your friends buy observe what kids in your neighbor hood buy and observe what your family buys. go to a mall and check the bags... what are they buying what products what stores...

you will see what people are buying and then you could start from there. what people are buying is the demand for that products make mental notes on what theyre buying and make a mental picture if you could picture yourself into selling that product

now start small......

go to divesoria( dont laugh in the asian economic crisis fall only divesoria was not effected the liqudity of the divesoria market is astonishing) look if you could find a similar product of what you want to buy and sell and estimate if it will make you money if you add the cost of transportation and other misc like food(yours) and sweldo((for yourself of course) now try to sell this to the people in your neighborhood. go door to door if you have to and, then eventually get a small place(kahit sa tabi nang bahay nyo, no shame in it) eventually you will sell if you try hard enough and your will is up to it.

if you keep on doing this you will make money. and your micro capital will roll over and no interest in a bank will ever match it.

seems like a lot of work? of course it is... thats the sacrifice

in selling there are things to remember

-dont take no for an answer
-dont sell the steak sell the sizzle
-the harder you work the luckier you get
-actions speak louder than words
-honesty is the best policy

if you need more pointers just ask (theres no shame in being makulit, this is even better if your chosen path is to succed)

[ready2go]

Good day everyone :wave:

This thread (http://www.pinoyexchange.com/forums/showthread.php?s=&threadid=108341) might also be of interest to you.

Thanks.

r2g :coolhat: