Thursday, May 14, 2009
Philippine Economy Research and Analysis
This is a thorough and comprehensive documentation of the details of the Philippine economy. If you want to know more about the feasibility of your real estate investments in the Philippines, get a free copy now.
Friday, February 13, 2009
Where to Put Your Money in Uncertain Times
In these uncertain times people will be wondering where to place their money. Firstly there was no question there was going to be a financial crisis - it was merely a question of when. WHEN the Dow and other markets broke historic support, it was only a question of HOW far will it for, and HOW much money will the government through at the problem to delay the inevitable.
I will suggest a strategy forward. A lot of generalisations are made, so I will offer specific investment opportunities. This is however a top-down analysis:
1. Gold mining stocks - Stimulus will eventually result in governments printing money.
2. Precious metals - Silver, platinum, palladium are all good. They are not as good as stocks because stocks have greater leverage as mining revenues rise faster than costs. Also gold stocks were over-sold in the recent stock price correction. Silver has risen 50% in just two months.
3. CFDs or derivatives in precious metals – This is another form of exposure to precious metals – whether you are talking about options, futures, or contracts for difference - mind you, you are taking a counterparty risk.
4. Foreclosed property in Japan - outlook not great now, but great yields outside the city, premature to buy in the city CBDs. Outer fringe areas make great buying, rural areas always good for lifestyle. Sooo cheap! You could buy a house for as little as $10-20,000 due to depopulation.
5. Broad Stocks: People are very negative on broad stocks: By that I mean all stocks outside the precious metals arena. I think if you cannot buy stock exposure for the long term, but there is no reason why you cannot trade rallies using chart signals. People look at the 1970s and 1930s and look at the dismal returns, but there were rallies in this period. So I suggest learning and using charts to trade medium term rallies. No long term ‘buy & hold’ investing.
6. Rural property in NZ - City property is overpriced, but if you don’t need to work in the city, or want to rent, then prices are modest, and the NZD is at a low point for foreigners earning USD,JPY,EUR. The NZD has fallen from USD0.80 to USD0.50. So great currency trade in beautiful country, no capital gains tax or transfer taxes, no GST on property. People will say the economy is in bad shape. Yeh, that's why it’s cheap. It’s a counter-cyclical investment, but when cheap, sell when currency recovers in 4-5 years. The 9% budget deficit will turn around like it did in the 1990s. Expect compulsory super to boost savings.
7. Property in the Philippines - regional property is more appealing, as it will benefit from more call centres going there. Yes, during a contraction, Western call centres are still shifting to the Philippines. More are being set up in smaller regional centres rather than Metro Manila as the infrastructure improves.
You can find more info by searching Google for foreclosed property. A lot of Westerners are doing it, and it makes sense if you are living there for a few years. Japan & the Philippines property markets are among the most under-leveraged and did not have the big gains. That will be important when the global economic activity finally picks up.
8. Foreclosed property in USA: It is still too premature to buy foreclosed property in the USA; I would suggest waiting until the bottom which will likely correspond with a peak in the Adjustable Rate Mortgage terms, so say another 8 months. Again we are looking for yields, so let that be your guide to where. Unless you are seeing rental yields over 10% then you are not getting good value.
9. Currency: Currencies are an interest asset class because they are essentially priced in relative terms as opposed to the absolute value of other asset classes. My favourites are:
a. South African Rand: South Africa is the largest producer of gold, palladium and platinum in the world, so the terms of trade for RSA are going to improve greatly as precious metal prices rise. The unfortunate aspect is that this will drive many mining companies broke as the strong Rand will undermine Rand revenues. So avoid RSA mining stocks.
b. Chinese Yuan: As long as China is the lowest cost producer and has the capacity to generate its own internal demand it will do relatively better, which is what currencies are about.
c. Swiss Francs: Governments and the elite of the world have much of their assets in Switzerland as they have done for hundreds of years. Thus Switzerland is always a safe investment.
d. Japanese Yen: I can expect the USD will fall to 87yen/$ support in future, though no further as the US economy has underlying strength.Wednesday, December 17, 2008
1 Bedroom Unit for Sale!
1 BR Unit Corinthian Executive Regency
26 Sqm 9th floor
2M Negotiable! Owner keen to sell!
Stay close to the city!
This unit is conveniently located at the back of Robinsons Galleria.
Central CBD location - walking distance to Megamall, St. Francis Square, Podium
The unit has a nice and unobstructed view of Eastern Manila-Rizal / Meralco complex / Ortigas Ave. The potential buyer is welcome to look at the unit to appreciate the view.
Unit is FURNISHED!
* 1 hp airconditioning unit
* 1 twin-sized bed
* 1 small dining table set
* 4 cu. ft. ref
* single burner gas stove and LPG tank
* bathroom glass partition and fixtures
* built-in cabinets in the bedroom and kitchen overhead
http://foreclosedproperties.blogspot.com/
Email: valuesourcer@gmail.com
call: 0917 5049493
Friday, August 29, 2008
Extra Income for Money Changers!
One of the best and easiest ways for Money Changers to MAKE MONEY is to offer complementary product/services to their existing customer base.
Currently, there are a lot of visiting expats, foreigners, balikbayans in Philippines.
These people are MOST LIKELY interested in investing in Philippines.
As Money Changers, you would be able to offer them a USEFUL RESOURCE for evaluating their potential property purchases in Philippines!
Earn $10 for every successful referral!
For more information, email propertypo@gmail.com
Partnerships with Travel Agencies
iSheldonthinks launched a Travel Agency Partnership Program on August 28, 2008. This program is open to all travel agencies in Philippines.
If you have a Travel Agency, you may earn $10 per successful referral of the Book Set "Buying Philippines Property", by Andrew Sheldon.
This Book Set is recommended for Expats, Balikabayans and foreigners who are likely to visit your Travel Agency in Philippines !
For more details, please contact:
propertypo@gmail.com
Thursday, August 28, 2008
Philippine Real Estate: What OFWs and Expats Should Watch Out For
Many OFWs and foreigners are encouraged to purchase property due to the surge of low cost housing, usually by unscrupulous developers.
The Philippine Property Market has grown tremendously over the past 5 years. In fact, RP real estate industry grew an all time high of 17% in 2007. This is mainly driven by internet marketing, increased tourism, increased remittances from OFWs and foreign investments. Many OFWs and foreigners are encouraged to purchase property due to the surge of low cost housing, usually by unscrupulous developers. The main attractions for buying properties in Philippines are: low cost of living, cheap properties, scenic views and friendly people. However, this flourishing industry is abused by real estate sales agents and real estate developers in Philippines.
All over the internet, there are numerous listings of low cost properties. Hundreds and thousands of flyers are distributed in malls, hotels and tourist destinations in Philippines. However, a great many of these real estate developers and real estate salesmen in Philippines do not have the proper certificates and licenses to operate or sell property.
There have been many reports of Filipino Overseas Workers who have been swindled by gutless real estate developers in Philippines. The brochures and flyers of these developers showcase lovely homes, colourful promises. Notice that they also have disclaimers that say “This brochure is developed based on artist interpretation. The developer reserves the right to alter property details without notice…” and so on. Foreigners and OFWs who are interested in buying properties in Philippines should be careful not be lured into these properties. They are advised to look for a HLURB seal or license number. The Housing and Land Use Regulatory Board is a quasi-judicial sector of the Philippine Government who controls and regulates all the sale, lease, listing, advertising and any activity relating to the purchase of housing, land and condos in Philippines. If you do not see this seal or license, please report to HLURB Cases and Other Legal Matters: 924-3367.
Foreigners and OFWs who are interested in buying or selling property investments in Philippines should also try to look for a reliable and licensed real estate broker. There are so many unlicensed sales agents on the internet that do not even have a license or do not have an affiliation with a brokerage in Philippines.
Investing in Philippines might prove to give high returns of investment – but only after due diligence. Buying Philippines Property 2008 (Insights from Strategic Analyst) is an eBook on How to Buy Properties in Philippines. The author, Andrew Sheldon, has written several reports on international real property investments. He is an Australian expat, who has lived in Philippines for almost 2 years now and has been able to achieve control over several Philippine Properties.
http://sheldonthinks.ecrater.com/product.php?pid=2660019
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