I am a physician, currently practicing as an Anesthesiologist. My other passions are finance and investments. As of 2013, I have passed all three levels of the Chartered Financial Analyst (CFA) exams, all in my first attempts. I received my Masters of Business Administration degree in 2008. I received my certification as a securities specialist from the Philippine Stock Exchange in 2009.
I mentioned previously that I was looking for a property to buy. I’m not buying to flip. I’m buying something that I’ll use in the foreseeable future (say within 3-5 years). I’m eyeing a property in Nuvali.
I assumed that the process will be easy for me. Unfortunately bad real estate agents and sellers will come your way. Since I was buying on the secondary market, the agents I dealt with were not officially connected with Ayala (Nuvali’s developer). Here are some of what I encountered:
I have been trying to buy some real estate. I have been offered a piece of lot at a very nice gated community, developed and managed by a very reputable community, and near good schools, business, shopping and recreation establishments. The lot is also much cheaper (on a per square meter basis) compared to other lots in the village. The title and other documents are all clean and in order.
The lot is almost perfect… except for one flaw. The lot faces a road. It sits on a t-junction/ t-intersection. If you were in my place, would you invest in this lot?
Kung Hei Fat Choi! Today, February 19 is the start of the Year of the Wooden Goat / Sheep / Ram according to the Chinese Lunar Calendar. In this post, I will list some investment and money tips from experts in Feng Shui and Chinese Astrology.
In a love story – whether it ends happily or not, the setting is also important. In this post I will feature Christian Grey’s Penthouse in Escala, the setting for most of the “action” in Fifty Shades of Grey.
The Escala apartments is actually a real-life building, though E L James had not been there when she wrote the book. She used the promotional materials of the condo to describe the penthouse.
See related post about Fifty Shades of Grey here. The movie will be open in the Philippines on February 11.
Address: 1920 Fourth Avenue, Seattle, Washington, United States of America
Penthouse – Christian Grey’s pad in ‘Fifty Shades of Grey’
Stella Marquez Araneta is currently making headlines in the Philippines and not in a good way. See related post here.
From Filipino designers to Twitter users, it seems that many are expressing their disappointment – ok anger – with her. Will the angry netizens speak with their wallets though? Stella had married into one of the Philippines’ wealthiest families. The Aranetas are involved in many businesses in the country.
Aside from the Araneta Coliseum, which is part of the 35 hectare Araneta Center complex, what are the other business holdings of the Aranetas? Continue reading The Araneta Wealth
Many companies, willingly or unwillingly, will have to deal with corrupt entities. The corrupt entity may be from the government or a private firm. To facilitate a deal, get favorable contracts, or secure the necessary permits, kickbacks will have to be given at some point. Though most jurisdictions outlaw the giving of kickbacks, this practice continues to be a way of life for many businesses. Obviously, the cost of the kickbacks is less than the benefit from the deal, or else, there is no point in handing them out. For these companies that give kickbacks, the money is treated as cost of doing business.
To deter this unsavory practice, tax agencies obviously don’t allow kickbacks to be expensed for tax purposes. The practice of giving kickbacks is also a criminal offense. However, for the financially creative, they’ll find ways to go around the restrictions.
A corruption scandal is currently making headlines. One party (OP) is alleging impropriety in a land deal that involved a high ranking official (HO). According to OP, this was how the kickbacks to HO were disbursed. Continue reading A Creative Way to Expense Kickbacks?
The title of this post was derived from the statement of Alphaland, a Filipino real estate development company, in response to its alleged involvement in corruption accusations that are currently making headlines in the Philippines.
The Philippine Stock Exchange (PSE) ordered the involuntary delisting of Alphaland in late 2014, citing violation of disclosure rules. Trading of its stocks has been suspended since January 2014.