Duterte is Leading in Metro Manila survey for President

The pool survey conducted in Metro Manila for president last November 11-12, 2015 said that Duterte is the first choice for president with 34%. The voters where asked whom they would vote if the election will be held this month and majority said that they will vote for Rudy Duterte, the well known mayor of Davao City.

Many Filipinos were tired of the same traditional politicians who promise to uplift their lives but after elected in the highest position corruptions, drugs, killings and lagging economy are still the same major problems.

Philippines Candidates for President 2016

In the second position is Grace Poe, the adopted daughter of Action Star Fernando Poe Jr. who died after losing to to former president Gloria Macapagal is now in hospital arrest. Grace Poe leads the survey before Duterte decided to run. She got 26% approval.

Vise President Jojomar Binay is in the third place with 22%. His popularity wane because of corruption allegation. His son was also sacked as mayor of Makati City. Present government candidate and former Interior Secretary Mar Roxas got 11%. I think it is hard for Roxas since if there are controversies in the government, he will directly affected.

Senator Miriam Santiago is in the last spot. The senator almost became a president in 1992. She was second to president Ramos in the election tally result with a very narrow margin of winning. Right now she is running again with the son of former dictator president Ferdinand Marcos. Miriam is known as good and brilliant lawyer. But many Filipinos said that she is associated with corrupt politicians like GMA, Estrada, Corona and now Marcos.

Back to Duterte; his running mate is Cayetano of Nationalista Party.

Duterte and Cayetano are campaigning on a strong anticrime and corruption platform. Both are pushing for federalism as an alternative form of government to push for political and economic reforms throughout the country. Just two months ago, Duterte placed second in Metro Manila, 4 percentage points behind the then front-runner, Poe. Among members of the ABC socioeconomic class, Duterte received 38 percent, double the 19 percent obtained by Poe. Santiago got 15 percent, and Binay and Roxas each got 14 percent.

 Among members of Class D, Duterte received 34, followed by Poe with 28 percent; Binay, 21 percent; Roxas, 12 percent; and Santiago, 5 percent. Informed of the latest Pulse Asia survey, Marikina Rep. Miro Quimbo of the Liberal Party said Roxas’ rating had increased by 7 points. Sought for comment, Valenzuela City Mayor Rex Gatchalian, spokesperson for Poe, said: “We have yet to see the survey. To comment on a survey that has not been made public by any group is unfair and inconclusive. The method, sample, etc., are factors that must be considered.”

 In the survey for vice presidential candidates this month, Sen. Francis Joseph “Chiz” Escudero, Poe’s running mate, was leading with 32 percent, followed by Ferdinand “Bongbong” Marcos Jr., 24 percent, and Cayetano, 20 percent. Pulse Asia said Marcos and Cayetano are statistically tied. Camarines Sur Rep. Maria Leonor “Leni” Robredo, running mate of Roxas, got 10 percent; Sen. Gringo Honasan, running mate of Binay, 8 percent; and Sen. Antonio Trillanes IV, 4 percent.

The survey is conducted by Pulse Asia.

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Airport NAIA Cops asked Missionary Michael White to pay P30K

This is a follow up to the "laglag bala" scam in the Philippines airport. According to Michael White, he was asked to pay P30,000.00. The price will rise to P80,000.00 if it will reach police heaquarters his stepmother said. Eloisa Zoleta and her stepson recount the ordeal in the airport last September.

They cops try to extort them but they refuse and said that they were innocent. The family during that time were going to Coron, Palawan to look for a piece of land because they wanted to build a church.

Zoleta said a bullet was found after White’s bag passed through the X-ray machine several times.

Nothing was detected when the bag was first checked, but after screening officer Maria Elma Cena allegedly put her hand inside the flap of White’s bag, the bullet was discovered in the next X-ray scan, she said.

Michael White 

After they were informed of the discovery, Zoleta asked the screening officers if she should have their flights to Coron moved. They told her it would be an easy matter, a remark that she found baffling if there really had been a violation of the law.

“The screening officers said, ‘That’s OK. It would be easy,’” she said, adding that Cena even told her that the flight wasn’t even until 12:45 p.m.

“I was thinking that if it was really the law and there was one ammo found in the luggage, shouldn’t their answer be that we wouldn’t be able to go to Coron because they would jail my son? Shouldn’t that be the answer if they were implementing it?” she said.

White was subsequently brought to the office of the Philippine National Police, while Zoleta tried to take care of their tickets.


Police officer Junio

She said a PNP officer she identified only as “PNP officer Junio” asked her about what had happened. After explaining, Junio told her about paying for the dropping of the case, she said.

“Usually we let the possession of such items pass. We just say it’s an amulet. If we negotiate that here, it (will cost you) P30,000. But if it’s passed on to headquarters, it’s P80,000,” Zoleta recalled the police officer as saying.

Preacher with no salary

He also asked about her husband’s job and she informed him he was a preacher who did not receive a salary. The officer also asked about White’s job and she told him he had resigned from his job.

Their conversation ended then because Zoleta’s brother called her up, and she never saw the police officer again.

White also said a police officer, Rolando Clarin, had told him he could pay P30,000 or face the prospect of jail. But he said the bullet was not his and he did not have the amount.

Zoleta said the officers had tried to convince them to own up to the bullet possession.

She said another officer had appealed to her to help White, as he was a foreigner and his life could be ruined.

Pregnant

And as they were about to head for White’s inquest, Zoleta said Cena came up to her and told her that she could have just admitted to carrying the bullet since she was pregnant, and there was a humanitarian law.

“I responded to her, ‘ma’am, why would I admit it?’ I know that’s the easier way out to say it’s ours and I’m pregnant, but I told her we’re Christians. We can’t lie about a small thing just to find an easy way out,” she said. 

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SEC is asking DOJ to issue for 'lookout order' vs Emgoldex execs

Here is a follow up news about Emgoldex or the Global International Investment. The rumored scam investment which victimized the OFW and the Filipinos who are greedy and want  to earn money fast.

To those who are not aware about this business scheme, some of the incorporating members are now watched.

SEC said the lookout order was requested for Kevin Miranda, Ryan Manuit, Charles Juiz Padilla, Raahbel Ymas, John Rafael Calicdan, Jove Cajita, and Paul Alviar.

 The suspects, most of whom are incorporators of Prosperous Infinite Philippines Holdings Corp. (PIPHC), are being accused of selling or offering for sale or distribution unregistered securities to the public and without a license.

 The DOJ issues a lookout bulletin order to monitor movements of suspects facing criminal charges. 

The Bureau of Immigration (BI) then implements the same and issues an alert bulletin for further monitoring of suspects in the event that they pass through immigration counters in any international airport or seaport.

 Charges against related entities Emgoldex, PIPHC, and Global Intergold (GIG) were earlier filed by the SEC.

 SEC issued a warning against investing in Emgoldex as early as February 2015. The commission alleged that the company lures investors through promises of high returns, where an investment of P1,000 would earn profits ranging from P5,000 to P10,000 or a placement of P35,000 would yield P180,000 to P360,000.

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18 years for OFW to save P3 Million!

I read an article stating that it will take 18 years for an OFW to save P3 Million so that he could return home for good? Assuming that he save part of his monthly salary alone or with the spouse is worth P13,800.00. Do you think it is only worth P 3 Million? Let us compute to prove this argument.

So Let us Multiply P13,800.00 by 12 months to get a yearly saving.

Yearly saving is P165,600.00

For 18 years, we will multiply P165,600.00 by 18 years.

In 18 years we have P2,980,800.00

Wow, it will take 18 years to earn that money and you lost that 18 years away from home. Would you wait that long to earn P3,000,00.00?

For me, I don't think so!

There are many ways to grow your money like building a small store, doing part time jobs and investing. Yes, you heard me, investing.

With regards to small business, don't be discouraged because although it is a small business but I think it will add more income to you and you can save more money. After all, millions started from cents or perhaps P1.00.

The problem of being an OFW is that it is hard to start a business without our presence. Most of the time it will go bankrupt due to mismanagement and etc. Real Estate is also a good investment depending on location. Real Estate is all about location, location, and location.

The best option for me is to invest in stock market. Although almost all gurus will say that there is no guarantee that you will earn income from it since the stock market is fluctuating. Many will tell you to stay away from stock market. Leave it to the expert. But base in history and it is really proven that in the long run, this investment will earn more interest than real estate. If you read the American stock graph and even in the Philippines, long term stock investment will beat inflation and other forms of investment. But of course, you have to diversify your investment too. As the saying goes, don't put your eggs in one basket.

I would suggest that you have to invest in stock market but if you are not that savvy on the stock, it is better to invest in the mutual fund just like me. Balance Fund which is has bond fund and equity fund will increase 15% average yearly but if you invest in equity which is stock market using the mutual fund, it will have a yearly average of 20%.

I myself invest in a mutual fund but purely equity. Of course, I experience up and down. But I am  okay because I understand that it is normal for the stock market to move up and down for awhile but really, the direction is going up in the long run.

Why I invest in Mutual Fund instead of Stock Market? It is because I feel safe in it. Mutual Fund is composed of many companies that represent stocks. So if one company or stock is down or bankrupt, there are still other company to counter-balance it so the losses are minimized. If you invest in companies and it will close, all your money is gone. So that is the difference.

Back to the main topic why would I spend 18 years in abroad when I can grow my money faster by investing? Don't put your money in the bank, they will just laugh at your back. The bank will invest your money and they will get the high interest and you get the 1.5% interest yearly minus the 20% withholding tax on the interest so in reality, you will receive a 1.2% lol.

Here is the formula to compute your money if you up to work for 18 years abroad while investing the P13,800.00 monthly assuming a 15% since you invest it in mutual funds.

 

FV= Future Value of your Money
C= yearly money value invested or the money you save and invest yearly
I= Interest yearly
N= Number of years

So assuming C=P165,600.00 yearly invested
I= 15% interest yearly
N=18 years

We have

FV=165,600.00 X (1+.15)Exp 18-1)/ .15 X 1.15
FV=165,600.00 X 11.375453/ .15 X1.15
FV= 165,600.00 X 87.211
FV= P14,442, 275.00

You see your money will grow up to P14,442,275, not P3 Million Only!

The secret is investing and by doing so your money is compounded every year with 15% interest. This is just conservative computation.

Hope you find this article informative and good luck.

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"Lag-lag Bala" In the Airport is now known worldwide

This is now trending as many victims surfaced and told their harrowing experience. Some of them are old grandma ofw, a patient confined in a wheelchair, tourists and even teenagers. They claimed that the bullet was planted in their bag. In the first place why would anyone bring a bullet in their bag to ruin their journey? They knew that this is illegal and anyone caught with bullet will be punished with 6 years or more in jail.It is now featured in Fox News and even Japan make some video out of it. The government said that it is an isolated case wow. They don't care! What about the large sum of money they spent for Ads to lure tourist with the Slogan "It is fun in the Philippines"? This is the reason why tourist avoid Philippines as their choice of destination after they experience this scam and other forms of extortion.

This is ridiculous!

The first known case was with the Michael White, a 22 years old American tourist who wants to visit Palawan. He claimed that he was extorted to pay P30,000.00 so that he can leave free but he refused to do so and fought back. After this incidence many "Lag-lag Bala" cases surface.

It was the first time that the tourist Lane Michael White was detained in the Ninoy Aquino International Airport Terminal 1 after the authorities claim that they found a bullet concealed in the baggage that he brought. The 20-year old man was supposed to be visiting the islands of Palawan along with his father and stepmother when they were prohibited to move along at the X-ray scanner of NAIA Terminal 4. Michale White said that the security guard got the .22 caliber bullet from the pocket of his luggage. The guards repeatedly checked the bag on the X-Ray Machine.

Michael White

He denied that the bullet belongs to him. He said that he has no idea how it got in his luggage. White refused to settle the amount of P30, 000. He insisted that he is innocent. "God endured the pain when he was being whipped at the cross and if I need to be detained just to prove my innocence so be it," Micahel said. It is not the first time that allegations about the 'Laglag-Bala' modus operandi surfaced the internet. Recently, a story was shared by a balikbayan whereas the same incident happened. He said that he paid P500 to the security personnel to allow him to depart.

 According to someone who would not want to be identify said that this Scam or Modus Operandi or method of operation is operating for a long time but nobody dare to expose. The reason for this is that they chose a passenger having a connecting flight. A passenger with connecting flight is always in a hurry and don't want problem so they end up paying money to the airport employees who planted the bullet.

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5 REASONS WHY TEACHERS NEED TO SAVE AND INVEST IN THE STOCK MARKET

My father was a teacher. He died in 2002 at the ripe age of 78 not to be exact as he was born in the 1920' and his birth certificate was burned during world war 2. As a child, I witnessed how hard to be a teacher. He made his lesson plans at dawn and prepare very early so that he could reach his school in the mountain at 7:00 AM. Actually, he worked in Bureau of Lands but decided to resign because he could not stomach the corruptions of his colleagues. Yes, corruption is as old as Philippines History.

When he retired as a teacher he struggled a lot because his monthly pension is very small. He could not even buy his own medicine for his rheumatism in his legs. This is the main reason why none of his children were interested in teaching profession. GSIS and SSS Agency are full of crap. Their employees and managers  have a higher salary than ordinary employees in other companies but the people who contributed big money for pension get a meager money when they retire.

My advice to teachers out there please don't trust your GSIS or SSS because they can't give you your lifestyle that you want when you stop working. Invest in stocks and mutual funds. These two investments can give you 20% interest per year if you will choose the right one.

I believe the stock market is for everyone who dreams of forging a bigger and brighter future for their family. However, one of the biggest hindrances of many is that they think that their profession and educational background is a big barrier for them to start to invest in the market. I’m here to tell you that the stock market is not as hard as what people think it is but rather it is something that you could use from where you are to fulfill your dreams of financial freedom.

 This blog post goes to all the teachers out there who would love to start but are intimidated to do so. What you will see below is a short story written by Renato Nepomuceno, an OFW teacher from Thailand. He too thought that the stock market was too complicated and too hard to start but that all changed when he started to study. Now he is an investor who aims to save and invest enough so that he could come home and be with his family.

Here are my 5 reasons why teachers need to save and invest in the stock market correctly: 

 1. To help change the mindset started with the young children when it comes to money matters.

 2. To liberate them from a bad-debt cycle. As soon as they start working in the public school nowadays, lending institution is lining up to offer something at the lowest interest rates possible. Bad debt can surely trap us financially.

3. The current retirement fund from the government is not enough when you retire and stop working.
4. They have dreams for their family’s financial situation. Learning on how to save and invest correctly in the stock market can help you achieve that dream.

 5. You want to leave a legacy to your family. Money might not be the most important thing in life, but it affects all areas of your life.

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OFW were warned about Global Intergold Investment

Overseas Filipino Worker (OFW) community was warned by the Philippine Embassy based in Doha, Qatar to be wary of scams, particularly of activities that offer quick return of investments.

 A memorandum circular released by Ambassador Wilfredo Santos made an example of Global Intergold, pointing out that according to Securities and Exchange Commission of the Philippines, said company does not exist in their files, not as a registered corporation of partnership, rendering it illegal in court as well as shady.

 The entity is said to be from the discredited Emgoldex Philippines. In the advisory, SEC reported that the are news the Emgoldex Philippines is still active, with its perpetuators using the name of Global Intergold to continue their scamming and illegal investment taking activities online.

 As stated, Global Intergold has not registered as corporation or partnership, hence said company is not authorized to solicit from the public because there was no license or permit to solicit from the Commissions Office as required under Section 8.1 of the Securities Regulation Code.

Global Intergold

The ambassador stressed to the Filipino community the importance of proceeding with caution when it comes to business.

 Oftentimes, the offers that are good to be true are truly too good to be true, especially because it is difficult to determine whether the opportunity is a legitimate networking-based operations or a pyramid scheme scam.

 The following are a direct quote from the memo, reiterating the warning to Filipinos worldwide.

 “The selling agents of Global Intergold are not authorised to offer sale, sell, and solicit investments from the public since no selling agents of Global Intergold, as of now, have secured licence from the SEC to act as certified investment solicitor, investment adviser, broker or dealer in securities, or salespersons of broker or dealer in securities.”

 “In view thereof, the public is hereby advised to exercise self-restraint from investing their money into such high yield, high risk investment scheme and to take the necessary precautions in dealing with the above-named entity.”

 “The public is further advised that those who participate including those who offer investment either personal or thru social media (e.g. Facebook, Instagram, etc.) in this investment-taking activity of Global Intergold are at risk of being prosecuted for criminal violation of the Securities Regulation Code.”

 Philippine Business Council-Qatar (PBC-Q) chairman Greg Loayon reminds that it is not only the OFWs who are victimized or scammed.

 The list also includes the other members of the expatriate communities lured by the offer of easy money, including some Qataris.

In order to be certain of the credibility of investing companies, Loayon says that it is important tocheck the appropriate registration and license of the company to operate in Qatar.

 Ministry of Economy and Commerce (MEC) offices can check for the company licenses and permits while Qatar Central Bank (QCB), Qatar Financial Markets Authority (QFMA), or the Qatar Financial Centre (QFC) can be tapped for investment licenses.

 Foreign firms offering investment and insurance plans are required to register in the country before being permitted to operate, otherwise they will be deemed illegal.

 The chairman of the United Filipino Organisations in Qatar (UFOQ), Ed Anami has been recently informed of the circular and is in the act or distributing information to members through the UFOQ Facebook account.

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OFW Business: Sari-Sari Store

One of the common businesses that we OFW is eager to have is Sari-sari store because it is easy to start. Yes it is easy to start but many business like this is bound to bankrupt because of mismanagement. We never learned how the Chinese managed their business and become rich. It need discipline, attention and focus.

Here I will share to you on how to run a business like this and good luck.

The number one reason why most owners put up sari-sari stores is because they want some nice profit while providing the daily needs of the family. Yet most of this fail and become bankrupt in less than a year. Here are some tips to make you sari-sari store successful. You should consider the store as if it’s not yours. Buy what you want to take in the store with your own money. Consuming your own goods will make you lose your initial capital, no matter big it is. The problem is not that you take from your stocks but that you don’t pay for it. In simpler terms, you have to make yourself pay your credit even if it is your store because you are spending away your capital.

10%
You should only take 10% of your profit for each day. Make a plan on how to do this because this is very important on how to manage your gains. The common misconception of most store owners would be taking away a definite amount each day. This is in fact effective, if you’re talking about a business that don’t have “poor days” or those days where you have very low sales. The problem would be cutting on you capital. Some stores use a computerized program to compute their gains for the day. You could also solve this manually by using calculator and taking 10% off your daily sales. This is used to prevent you from taking too much from the profit.

 Do not overprice
Your customers would probably be your neighbors and the both of you would probably be going to only one supplier. They actually know how much your product really costs. Much more so that we have technology with advertisements always saying the product SRP. You have to think of how much your prices should be. Enough to make a profit as well as affordable that your customers will still buy. Be reasonable with your price. Keep in mind also those products which use electricity. The only time you could probably overprice will be if you are in a remote area. It is because they have no other choice and because of the transportation expenses.

Stock up on the basics 
Start by basics first and observe what your customers wants to buy the most and which they don’t so you have an idea of how many you will buy for your store. Some of these are cigarettes, bottled drinks and beverages, toiletries, canned goods, noodles, cooking aids, sachet products and snacks. 

Always open 
People will always want to buy on one store only and if you let them down, they would have to go to another store. If you are always out of stock or always closed, by and by people will not buy from you because you have lost credibility as a store.

 Quality 
Don’t ever try selling expired products, you will lose your customers that way. Always clean your store, and protect it from rats and insects. Wipe off dust regularly.

 Repack 
If you have already established your store you can start repacking large amounts of items into smaller amounts. Most of these are sugar, salt and other cooking aids. Just make sure you do it in a clean and sanitary manner so that people would still buy from you.

 Learn the seasons. 
On hot months, invest on cool drinks and beverages and expand your selection. On cold months, invest in canned goods and noodles. Also stock up on insect repellants and emergency rations like flashlights and matches. Toiletries are always in demand and so is cooking aids.

 Don’t allow credits 
Unless of course it is you or your immediate family and closest friends or those people whom you trust to pay for it on time as a whole. Some people would say they will pay but will not pay on time. This also makes stocking up harder because you could lose your capital.

 Stack 
Put your old stock in front or up top so that it will be the first to go when somebody buys it.. this is a standard in every market.

 Be kind to your customers 
It is mostly the patronage of customers that make your business grow so be sure not to lose them. If possible do not let them wait or else they will have to find another store. Follow the techniques because they are tested and proven. Keep on growing your business using discipline, attention and focus.

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Most OFW in United States of America are overqualified—Transfast survey

Many Filipinos are working in United States in Medical sectors. In fact most of them applied for American Citizenship because as they say America is the land of opportunity. But beyond that what we call greener pasture is hard work and less relaxation and leisure time. Most of the expatriates are paid less compared to American themselves. What they experience is work and work to accumulate money for their future and when they are unable to work, its the government time to serve them with retirement benefits.

If I will ask you about this, "Is it worth to spend all your time working and just enjoy your hard earn money when you will be old?"

There are surveys that most of these professionals are over-qualified but they work there because these expatriates have less opportunities in their home land.

A majority of Filipinos in the U.S. are overqualified for their jobs and find their U.S. workplace to be more stressful than workplaces in the Philippines, according to a recent survey. Yet, they overwhelmingly agree that the U.S. is still the land of opportunity.

The finding is based on a survey of 400 Filipino who send money home from the U.S. conducted by international money transfer firm Transfast.

 More than 80 percent of respondents say they have more skills than required by their jobs in the U.S. and 72 percent describe their U.S. workplace as more stressful than the ones they’d experienced in the Philippines.

Filipino Workers

  Earn more than expected

 Most earn what they expected in the U.S. (61 percent), with 21 percent earning less and 18 percent earning more than expected.

 About 72 percent say they work longer hours than expected to earn that income, with 54 percent saying they work more than 40 hours a week. Only 28 percent say they work less than expected.

Still, the vast majority — 93 percent — agrees there are more opportunities offered by their job in the U.S. compared with jobs in the Philippines.

  Money senders

 All survey respondents send money to the Philippines using a computer and/or mobile phone app, with the majority sending money to family. Some participants also reported sending money to “themselves” (7.5 percent), likely for investment opportunities such as real estate or to save for retirement.

“People who come here for work are playing vital economic roles by contributing to the U.S. economy and also adding to the GDP of their home country when they send money back to family and friends,” says Samish Kumar, Transfast’s CEO.

 Kumar adds: “To Transfast, the survey results show that our mission of always providing great value for your money plays a role in helping our customers succeed, because when you’re working longer hours in a more stressful environment, every dollar saved matters. The World Bank’s Remittance Prices Worldwide database currently ranks Transfast #1 for lowest-cost service for sending $200 remittances from the U.S. to the Philippines.”

Land of opportunity

 Survey respondent Joanna Loresto, 47, of San Rafael, California, says, “What I have achieved here in the U.S., is a lot. I just left my job and I’m so fortunate I could go wherever I want to, and employers will hire me. Owning a home, buying any car I want — I’m proud of it. I can give my son the best education. I have three siblings in Philippines and a lot of cousins, and I’m thankful that I can be the one helping out.” “Yes, the U.S. is the land of opportunity,” says respondent Ruben Espiritu, 56, of Garner, North Carolina. “There are a lot of jobs here. The economy in the Philippines is getting better, though.” When Transfast conducted the same survey in the U.S. among immigrants from all nationalities, there were many similarities with Filipino immigrants.

  Work till they drop

 However, when it came to how much was earned, striking differences emerged: Of the immigrants from all nations, only 37 percent were earning what they expected (as opposed to Filipino immigrants, 61 percent of whom were earning what they expected).

 When asked where they intended to retire, Filipinos again stood out against the general population of U.S. immigrants.

Many more Filipinos in the U.S. still intend to return home, with 53 percent saying they plan to retire in their home country, as opposed to only 18 percent of immigrants of all nationalities. Of the remainder, 31 percent of Filipinos plan to retire in the U.S., and eight percent answered, “I plan to work until I drop.”

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Philippines NAIA is out of World's 10 Worst Airports

I might consider using NAIA when coming in and going out of the Philippines next year. After three years of being one of the worst airport in the world finally this airport is now better though not the best. The renovations paid off. Last year was the worst when they renovated the area with no Air Conditioning. It was really very hot and the toilet was terrible.

Still this airport is of the worst in Asia.
MANILA - The Ninoy Aquino International Airport (NAIA) has finally shed its tag of being one of the "worst airports" in the world, at least in this poll site.

 In the latest Worst Airports in the World list by travel website The Guide To Sleeping in Airports, the "worst airport" in the world based on overall airport experience is Port Harcourt International Airport in Nigeria.

NAIA

 The second worst airport in the world is Jeddah King Abdulaziz International Airport in Saudi Arabia while third is Kathmandu Tribhuvan International Airport in Nepal. Missing from the 10 worst airports list is NAIA, which held the title of "worst airport in the world" for three straight years from 2011 to 2013. 

In the 2014 list, NAIA ranked fourth worst.

However, the Manila airport has a long way to go before making it to the Best Airports list, as it ranked 8th worst in Asia. NAIA remains one of the worst in Asia due to leaking ceilings, collapsing floors, and long queues. "Rehabilitation efforts have helped decongest and clean up Terminal 1, and the introduction of things like the Wings Transit Lounge in Terminal 3 have helped make things more comfortable, albeit for a price," the website said. "That said, things like leaking ceilings in Terminal 1 and collapsing floors in Terminal 2 show there is still room for improvement.

Passengers remain annoyed by the poor customer service, the long queues, the sub-par food selection, the lack of restrooms and the crowded seating areas. There is definitely a long way to go but we're thrilled to see improvements come along bit by bit," it added. Efforts to rehabilitate NAIA Terminal 1 were completed this year by DMCI, which bagged the P1.3 billion contract in 2014. 

According to the survey, travelers voted Kathmandu Tribhuvan International Airport as the worst airport in Asia. The best airport in Asia and in the world is still Singapore's Changi International Airport.

 The Best and Worst Airports survey is conducted every year by SleepingInAirports.com, a site that asks travelers to rate their airport experiences based on the services and facilities available within the terminal, cleanliness, customer service, comfort, and their overall airport experience. The website noted that the worst airports "fall flat in terms of providing any kind of enjoyable overall airport experience. "Instead, they're dirty, uncomfortable, unfriendly and lack the most basic of services and amenities.

They elicit passionate critiques from those who visit them, and countless warnings for future travelers to avoid these places at all costs," it added.

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5 Tips on how to Save and Invest for OFWs

Many Filipinos left their love ones to earn money abroad even if they don't want to leave. They do this because they have no choice. There is no job opportunities in the Philippines. Right now millions of Filipinos are in Middle East, United States of America and other countries to work. They are not there as tourist.

 I felt sad for some of these Filipinos who became victims of abuses and some of them even died without a fight. Maltreatment from their bosses and loneliness make them pathetic. I think it is just right that they should know where to put their money for savings and investments. Most of the OFWs went home without money and even poorer after many years working abroad because they don't know how to invest and start a business.

 For OFWs, the need to invest smartly is particularly urgent since your opportunity to raise funds is linked to the length of your contract. Once your contract of work is over, it is possible that you would find yourself without having a source of income, until you find a contract again. For this reason, you need to come up with the right investment choices that match your circumstances and make your money work harder for you. Essentially, OFWs should be guided by the same investment principles as Filipinos who are working and based at home, save for a few considerations to reflect your circumstances, in particular not being in the country.

 Here’s a simple five-step guide to help you in making your investment decisions: 

 1. Consider liquid and professionally managed investments. Shop for investment products that are easy to purchase and dispose off even if you are not in the Philippines. The nice thing with today’s technology is you can scan online, start by looking at the individual websites of financial institutions.

Your choices include the following:

Mutual funds – These are pooled funds invested in different types of assets to match your desired time frame and level of risk. Some may have the potential for high gains but will also come with higher risk. These are available to retail investors for a beginning account of as low as P5,000. ·

Unitary investment trust funds – These are also pooled funds invested in various assets to match your risk profile and investment horizon. These are available to retail investors for a beginning account of as low as P5,000.

Insurance-linked investments – This is an insurance product combined with an investment fund, fulfilling your need for protection and capital gains. Your monthly payment would depend on the amount of coverage you purchased, as well as the type of asset you chose to invest in.

Equities – These shares represent shareholdings in a company. You profit from the trading of these shares in the stock market. Online brokerages can facilitate your trades, with some of them requiring an opening balance beginning at P10,000.

Bonds – These represent debt taken by either the Philippine government or companies. They usually have a fixed return and are therefore safer. They may be purchased through most banks for as low as P5,000.

 2. Keep your papers in order. Ensure that you have proper documentation to open and maintain these accounts, either while you are visiting the Philippines, or from abroad. Download their online forms, then mail a clear copy of your required IDs. Before sending these documents over, it may be helpful to personally contact the financial institution through their emails so that they can review your signed forms and requirements before you send these. This will save you a lot of time and effort.

 3. Use safe and direct channels for sending money. Find a secure and cost-effective way to put money into your investment from where you are. Online banking services, which are now available to those with accounts in local banks, are among the safest channels you can use. You can also use bank-to-bank transfers. If you wish to go through remittance channels, consider companies with long track records and recommended for customer service if something should go wrong. Unsafe ways of sending money are physically through people, no matter how much you trust them; through other people’s bank accounts; or by sending the money in the mail.

 4. Make your payments or remittances regularly. If you send money to the Philippines, it would be good to do so following a schedule, so that you and your loved ones back home can plan your cash flows better. Have the discipline to send money on schedule so that your loved ones can make payments on time, letting you avoid penalties in the process. Luckily, major financial institutions all allow you to make payments or transfers online.

 5. Ensure the legality and integrity of your planned investment. OFWs are often the target of investment scams. Check out the site of the Commission of Filipinoshttp://www.cfo.gov.ph/to read the latest news and updates on legitimate and illegitimate business deals. You may also have relatives luring you into get-rich-schemes that offer nothing but false promises. While you may trust your loved ones, it is but prudent to check out everything about the proposed investment deal before you turn over your hard-earned money.

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Pros and Cons of Mutual Fund Investment

Mutual funds have often seemed like a golden investment because what can be a relatively small amount of money ends up being greatly diversified. The core idea of this kind of investment goes back to the basic rule of, don’t put all your eggs in one basket.

 In recent years it has become more apparent that there is no such thing as a guaranteed investment. Companies that appear to be solid from all angles can quickly fall apart no matter how big they are. Because of this you would never want to invest all of your money in one or two companies because no matter how good the investment may seem, anything can happen tomorrow; however, when you invest in hundreds of companies that each look like they will have positive returns then even if a high amount of them fail the others should inevitably make up the difference.

Mutual Funds

 Since so many of us can not afford to build such a diverse portfolio on our own, a mutual fund is a great idea. That alone is perhaps the best pro a mutual fund has over things like stock by stock investments. Of course it is important to know that, even over a long period of time, there is never a guarantee your initial investment will pay off. Mutual funds are by no means immune to mistakes and their chosen stocks are by no means immune to failure.

Put simply, a mutual fund is a pool of money provided by individual investors, companies, and other organizations. A fund manager is hired to invest the cash the investors have contributed. The goal of the manager depends upon the type of fund; a fixed-income fund manager, for example, would strive to provide the highest yield at the lowest risk.

 Advantages 

 1. Mutual Funds Offer Diversification 
The beauty of a mutual fund is that you can buy a mutual fund and obtain instant access to a hundreds of individual stocks or bonds. Otherwise, in order to diversify your portfolio, you might have to buy individual securities, which exposes you to more potential volatility.

 2. Mutual Funds are Professionally Managed 
Many investors don’t have the resources or the time to buy individual stocks. Investing in individual securities, such as stocks, not only takes resources, but a considerable amount of time. By contrast, mutual fund managers and analysts wake up each morning dedicating their professional lives to researching and analyzing current and potential holdings for their mutual fund.

 3. Mutual Funds Come in Many Varieties 
A mutual fund comes in many types and styles. There are stock funds, bond funds, sector funds, target-date mutual funds, money market mutual funds and balanced funds. Mutual funds allow you to invest in the market whether you believe in active portfolio management (actively managed funds) or you prefer to buy a segment of the market with no interference from a manager (passive funds and index mutual funds). The availability of different types of mutual funds allows you to build a diversified portfolio at low cost and without much difficulty.

 4. Mutual Funds Have Low Minimums 
Many mutual fund companies allow investors to get started in a mutual fund with as little as P10,000.

5. Systematic Investing and Withdrawals with Mutual Funds 
It is simple to invest regularly in a mutual fund. Many mutual fund companies allow investors to invest an affordable amount per month directly into a mutual fund. Money can be pulled directly from a bank account and invested directly in the mutual fund. On the other hand, money can be regularly withdrawn from a mutual fund and be deposited into a bank account. There are generally no fees for this service.

 6. Mutual Funds Offer Automatic Reinvestment
An investor can easily and automatically have capital gains and dividends reinvested into their mutual fund without a sales load or extra fees.

 7. Mutual Funds Offer Transparency
Mutual fund holdings are publicly available (with some delays in reporting), which ensures that investors are getting what they pay for.

 8. Mutual Funds Are Liquid
Just like an individual stock, a mutual fund allows you to request that your shares be converted into cash at any time. If you want to sell your mutual fund, the proceeds from the sale are available the day after you sell the mutual fund.

 9. Mutual Funds Have Audited Track Records
A mutual fund company must maintain performance track records for each mutual fund and have them audited for accuracy, which ensures that investors can trust the mutual fund’s stated returns.

 10. Safety of Investing in Mutual Funds
If a mutual fund company goes out of business, mutual fund shareholders receive an amount of cash that equals their portion of ownership in the mutual fund. Alternatively, the mutual fund’s Board of Directors might elect a new investment advisor to manage the mutual fund.

 Disadvantages
 1. Mutual Funds Have Hidden Fees
If fees were hidden, those hidden fees would certainly be on the list of disadvantages of mutual funds. The fee is disclosed in the mutual fund prospectus and can be found on the mutual funds’ web sites. 

2. No Guarantees. 
The value of your mutual fund investment, unlike a bank deposit, could fall and be worth less than the principle initially invested. And, while a money market fund seeks a stable share price, its yield fluctuates, unlike a certificate of deposit. In addition, mutual funds are not insured or guaranteed by an agency of the U.S. government. Bond funds, unlike purchasing a bond directly, will not re-pay the principle at a set point in time.

 3. No Control
Mutual funds also offer very little control. In fact, once you have chosen a mutual fund to invest in your control of your money has pretty much come to an end. With most, of, if not all of, these funds the investor not only has no say in what companies get invested in but they can not even find out what the mutual fund’s portfolio looks like. Aside from the funds being unwilling to divulge all of this information they are also often unable to seeing as the day to day trading is so vast.

 4. Lack of Liquidity
Yes, there are a lot of different mutual funds in the investment world, but that doesn’t necessarily mean they are very liquid. With mutual funds, the final transactions aren’t complete until the end of a trading day. It’s not until the final bell when you actual know the price of trades for the fund as a whole. That creates difficulties on days when the market is a volatile time-bomb. You need instant information in order to adjust your trading strategy. Mutual funds do not offer that option.

 5. Fluctuating Returns
Mutual funds are like many other investments without a guaranteed return: there is always the possibility that the value of your mutual fund will depreciate. Unlike fixed-income products, such as bonds and Treasury bills, mutual funds experience price fluctuations along with the stocks that make up the fund. When deciding on a particular fund to buy, you need to research the risks involved – just because a professional manager is looking after the fund, that doesn’t mean the performance will be stellar.

 6. Costs
Mutual funds provide investors with professional management, but it comes at a cost. Funds will typically have a range of different fees that reduce the overall payout. In mutual funds, the fees are classified into two categories: shareholder fees and annual operating fees.

 7. Over Diversification
Although diversification is one of the keys to successful investing, many mutual fund investors tend to overdiversify. The idea of diversification is to reduce the risks associated with holding a single security; overdiversification occurs when investors acquire many funds that are highly related and so don’t get the risk reducing benefits of diversification.

 8. Misleading Advertisements
The misleading advertisements of different funds can guide investors down the wrong path. Some funds may be incorrectly labeled as growth funds, while others are classified as small-cap or income. 

9. Investment style fluctuations
An investor who wants to maintain a certain asset allocation has to rely on the manager of the fund that he or she selects not to deviate from their stated investment styles. Any changes in priorities or investment styles could override and defeat the investor’s asset allocation.

 10. Panic selling 
 During sharp market downturns, investors often have a tendency to panic. When this happens, they look to sell their fund shares. Since the fund managers must redeem the shares, they have no choice but to sell the underlying securities at a time when there are few, if any, buyers. If not for the flood of redemptions, the fund manager would likely not sell the underlying securities. Thus, the professional manager’s expertise, judgment, and objectives are upset and overridden by the actions of the fund’s investors.

 11. No Insurance 
 Mutual funds, although regulated by the government, are not insured against losses.

Conclussion

 When you buy any investment, it’s important to understand both the good and bad points. If the advantages that the investment offers outweigh its disadvantages, it’s quite possible that mutual funds are something to consider. Whether you decide in favor or against mutual funds, the probability of a successful portfolio increases dramatically when you do your homework.

 All of this being said, mutual funds are a diverse investment that allows you to buy in with limited money. Perhaps their best perk is that your money ends up being professionally managed by people who are often amongst the best in the business.

 List of Leading Mutual Fund Companies in the Philippines

 ATR- Kim Eng Equity Opportunity Fund – www.mutualfund.com.ph
 DWS Deutsche Philippine Equity Fund, Inc.
 First Metro Save and Learn Equity Fund – www.fami.com.ph
 Philam Strategic Growth Fund, Inc. – www.philamfunds.com
 Philequity Fund, Inc. – www.philequity.net
 Philequity PSE Index Fund Inc.
 Sun Life Prosperity Phil. Equity Fund, Inc. – www.sunlifefunds.com
 United Fund, Inc.

sources: mutualfunds.about.com, open-ira.com, nasdaq.com, etf.about.com, finweb.com, pinoymoneytalk.com

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Recession Proof Businesses for Expatriates to Start

Many Expatriates are still working abroad away from their family sacrificing because they are afraid to loss their jobs and end up nothing. Many of them spend more than ten years while some still working abroad for more than 20 years because they do not have business to support their expenses if they resign. Like me who has a buy and sell business experience before when I was working in my country, I have second thought of resigning because I don't have concrete business plan about what business to start. Majority of us are afraid to fail.

Well while searching in the Internet I found out that these kind of businesses are good whether the economy is good or bad. These businesses are not easily affected by recession so you have a big chance of success.

Here they are and not in particular order:

Candy, Cosmetics and Contraceptives 

Candy

 If anyone likes a quick pick-me-up, it's the stressed out American worker. If you're lucky enough to keep your job during a recession, then you're probably bracing for the next round of layoffs. While heavy drinking at the office is frowned upon, nearly everyone can get behind a big bowl of jellybeans. Candy consumption in the United States went through the roof during the Great Recession. The New York Times reported that Cadbury's profits were up 30 percent in 2008, and Nestle saw a 10.9 percent growth. Inexpensive, sweet treats provide a necessary break from all of the bad news. Indeed, during the Great Depression, treats like Snickers, Tootsie Pops and Mars Bars were all invented, and are still enjoyed today. Cosmetics and nail-care businesses also do well during recessions as women look for inexpensive ways to pamper themselves. In fact, some economists point to rising lipstick sales as a reliable indicator of a sagging economy. The bedroom is also an excellent (and free, in most cases) treat during the recession. But budget-conscious couples make sure to avoid any unplanned expenses. During the first two months of 2009, contraceptive sales were up 10 percent.

 Luxury Retail

Luxury Retail

Recessions don't affect everybody equally. According to Newsweek, the total number of worldwide billionaires jumped 20 percent in 2008. Forbes counted a record number of billionaires in 2013 — 1,426 — while several parts of the economy were still recovering from the recession. Many of these über-rich live in Russia, the Middle East and Asia and have no problem splurging for a jumbo private jet or their very own sun-soaked island in the Mediterranean. The number of millionaires in India grew 22 percent over 2007-2008 and China witnessed a 15 percent bump in millionaires in 2011. In the U.S., sales of ultra-luxury goods like $1,500 pairs of shoes or diamond-encrusted handbags slumped sharply in early 2009, but companies like Hermès and LVMH more than made up with Chinese sales. As early as 2011, luxury retailers were some of the first to bounce back in the U.S., with brands like Gucci and Yves Saint Laurent boasting a 23 percent increase in sales while more modest retailers were starving for customers. One luxury car dealership in Manhattan specializing in Lamborghini, Bentley and Rolls-Royce models — each retailing in the low six figures — said 2011 was one of its best sales year ever.

 Repossessions and Removals 

Repossessions and Removals

 Some industries act like financial scavengers during a recession, feasting on the rotten remains of the rest of the economy. For the man -- whose job is to repossess vehicles and other property when the owner fails to make payments -- bad news is big business. During the 2002 recession, car repossessions jumped 60 percent over 2001. In 2008, during the worst of the Great Recession, a total of 1.67 million vehicles were repossessed, a 12 percent increase from the year before. Junk removal is another service industry that profits from the misfortune of others. When a bank forecloses on a home, some indebted homeowners skip town and leave all of their possessions behind. For businesses like Miss Junk in Los Angeles, this means monthly revenues of $150,000 during the recession of 2007-2009, 10 times what it earned in its first month in 2007. Bankruptcy lawyers also keep busy during a recession. More than a million individuals filed for bankruptcy in the United States in 2008, prompting 30 percent more bankruptcy lawyers to enter the profession. Even with the economy in slow recovery, 1.2 million individuals filed for bankruptcy protection in 2012, which means there is still plenty of bankruptcy business to go around.

 The Federal Government 

Federal Government

 A report by USA Today found that workers in many federal agencies are more likely to die than lose their job. The federal government job security rate was 99.43 percent in 2010, meaning only about half of 1 percent of the federal workforce was fired or laid off. In the private sector, an average of 3 percent of workers are fired for poor performance each year, and that doesn't include layoffs. And despite the recession and spending cuts, the federal government is actively hiring new employees. In 2012, the government hired about 90,000 people, and there were still nearly 8,000 open job listings on USAjobs.gov, the federal government job board, as of October 2013. A major reason for the hiring boom is a rapidly aging federal workforce; more than 260,000 federal workers are older than 60. State and local government job security is an entirely different story. During the Great Recession consumers cut spending which affected state and local tax revenue. Faced with budget crises, many states enacted steep budget cuts. Even as the economy slowly recovered in the first half of 2010, state and local governments cut 95,000 jobs while the private sector added nearly 600,000. By late 2013, however, local and state jobs appeared to be bouncing back, especially in the education sector. 

Education 

Education

 Public school teachers in the United States -- who are essentially state employees -- have traditionally enjoyed solid job security. The Bureau of Labor Statistics (BLS) projected a 17 percent growth in demand for kindergarten and elementary school teachers from 2010 to 2020, even in the face of state budget cuts to public education. In the post-recession job market, there is still incredible demand for teachers, but aspiring educators need to go where the jobs are. For example, in 2013 there was a huge shortage of certified math, science and special education teachers nationwide, but a surplus of general elementary school teachers. College students considering a career in education will greatly improve their job prospects, starting salary and job security by focusing on these high-need subject areas. Also, teacher demand is higher in areas experiencing strong population growth like the West and South. Statistics show that college enrollment remained steady before, during and immediately after the Great Recession, making higher education one of the more recession-resistant businesses around. There was a sharp rise in community college admissions during the Great Recession as laid-off workers returned to school to upgrade their skills. However, college enrollment actually fell slightly in 2012-2013 for the first time in two decades, a combination of fewer college-age kids and more adults opting out of school to enter the improving job market.

 Vices 

Vices

 The traditional logic is that sin wins when the economy loses. Like candy, cigarette sales skyrocketed during the Great Depression, and tobacco stocks are still a smart buy in any recession. But in contrast to popular wisdom, people tend to spend less on so-called sin industries like alcohol and cigarettes during recessions. The reason, some experts say, is not that people stop indulging during lousy times, but that they cut back some or downgrade the quality of their favorite vice.For example, the National Restaurant Association reported that wine sales "by the glass" rose sharply as whole bottle sales slumped in 2008. And the Beer Institute said that beer sales in restaurants dropped in 2008, while wholesale beer sales from cheaper stores went up. Tattoo parlors, on the other hand, boom through both recession and recovery. According to a Harris poll, one in five Americans (21 percent) had a tattoo in 2012, up from 14 percent in 2008. People get tattoos during recessions because they are a relatively cheap way to express yourself creatively and boost self-confidence. On the flip side, tattoo removal services also boom during a recession as laid-off workers erase conspicuous ink to appear more professional in interviews.

 Discount Retail 

Discount Retail

 Wal-Mart has more than its fair share of critics. The superstore has spread across the world quickly, knocking off smaller competitors in its path. But no matter what you think of its business tactics, low prices trump politics during a recession. While nearly every other large American retailer suffered significant losses in the first months of 2009, Wal-Mart reported a 5.1 percent increase in profits, more than doubling Wall Street's expectations of 2.4 percent. Not surprisingly, dollar stores and thrift stores also thrive during recessions. The three biggest American discount chains — Dollar General, Family Dollar and Dollar Tree — became Wall Street darlings during the recession as they each added thousands of stores from 2008 to 2012. Thrift stores and trendier "resale" shops also drew in new customers. According to the America's Research Group, 20 percent of people in 2012 said they shopped at thrift stores "regularly," up from 14 percent in 2008.

 Information Technology 

Information Technology

 Despite the bursting of the information technology(IT) bubble that played a key role in the recession of the early 2000s, information technology was the fastest-growing sector in the United States economy during and after the Great Recession of 2007 to 2009. That's because the information technology sector isn't confined to traditional tech companies like software makers and server manufacturers. Among the top growth businesses of 2011 were Voice Over IP providers, wind and solar power manufacturers, video game designers and Internet publishers. The biggest growth areas for IT jobs are in software design and development, networking and systems administration, software implementation analysis, testing and QA, and database administration.Systems analysts and administrators appear to have some of the greatest job prospects, since the nature of the work is more collaborative and more difficult to outsource overseas. One of the reasons information technology continues to be an in-demand job sector is because there's an overall lack of qualified IT workers. As older IT workers retire, there simply aren't enough younger workers to take their place. The percentage of U.S. college students graduating with a computer science degree has declined since 2005 to its lowest level since 1986. That trend has led some analysts to predict a 15 percent decrease in the supply of IT workers between 2008 and 2038, while the demand for experienced workers increases 25 percent.

 Health Care 

Health Care

 For years health care has topped every list of recession-proof businesses. The logic is that people continue to get sick, even in bad economic times. But does that automatically translate into profits for the entire health care sector? Let's take a closer look. From 2008 to 2012, a span that covers the Great Recession and early recovery, health care spending in the U.S. grew at a sluggish 4.2 percent annually. Compare that to the 8.8 percent annual growth experienced from 2001 to 2003 after the early 2000s recession. Analysts believe there is a direct connection between the stagnant overall economy and lower spending on medical services. But the industry still managed to grow during a time when many other sectors saw revenues plummet. Total health care spending in the U.S. — by both individuals and government programs like Medicare and Medicaid — represented 16.2 percent of gross domestic product (GDP) in 2007 and increased to 17.6 percent in 2012. And this percentage is expected to grow under the Affordable Care Act. According to Bureau of Labor Statistics, the health care and social assistance sector will add more than 5.7 million jobs from 2010 to 2020, far and away the largest projected job growth of any industry. The fastest-growing profession is registered nurses, but other areas of nursing are also strong. The BLS predicts a 70 percent growth in demand for both home health aides and personal health aides to serve an aging baby boomer population during 2010-2020.

 Noncyclical Businesses 

 If you're looking for a truly recession-proof business, then there are a few old standards that might not be sexy, but they sure are reliable. These noncyclical businesses survive through good times and bad because they provide basic, necessary services. Funeral services are a good example. Funeral homes see a steady stream of business no matter how the stock market is performing, although funeral directors in every state reported a significant rise in cremation requests — a far less expensive procedure than burial — during the Great Recession. And since we're on the subject of death, we might as well mention the other of life's guarantees: taxes. As long as the IRS keeps things confusing, there will be plenty of work for accountants. One group that struggled during the Great Recession, however, were small, one-man accounting firms that mostly served small businesses. The big national chains were fine. Public utilities like electricity, gas and waste disposal are necessary for the clean and comfortable functioning of society. If a city government tried to save money by only collecting garbage once a month, it would cause a stink, to say the least. Other industries that fall under the noncyclical banner are religious organizations, the military,pharmaceuticals,veterinary services and repair technicians. So if you lose your job as a hedge fund manager, you might consider a career as a vacuum-repairing priest.

I hope you enjoy and find some ideas to what business you will start. 

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Is Global Intergold Scam or Legit

I was called by one of my acquaintances one afternoon and pretending to be concerned by saying that he did not have any news about me for a long time. Chit-chat went from personal to investment and he shared me this Global Intergold. Actually he shared me the Emgoldex before it was known as Global Intergold lately. 

I am not new to this MLM, Binary and alike businesses. I joined the company associated with Aloe Vera products. The only difference is that this company has products which you will get when you register to join. 

When do you say that a company engage in MLM or Binary is a SCAM or legit? Let's face it these companies recruit people to expand. I can say that it is legit when you get something in return when you register your name with them. Example is the products like health products and maybe a service with the right price of course. It should be competitive to the market, not overprice. 

To cut the story short, this Global Intergold has no product but you have to recruit in order to earn money. They said at least two. Wow. Gold is their front or prop.

 Most of these ponzi scheme businesses victimized OFWs and Expatriates with the promise of getting easy money because they knew that they have money to afford. 

The big question is why they changed their name from Emgoldex to Global Intergold? Not approved by SEC in the Philippines. 

"Global InterGold is a regulated EU Company featuring an Online shop for the buying and selling of gold bars from Swiss regulated suppliers. Purchases may be completed outright or the client may elect to defer payment and subscribe to the GoldSet marketing incentives program. GoldSet offers Global InterGold clients a variety of ways to help fund their purchases and maximize their gold purchasing power. 

 Not only does Global InterGold sell investment gold bars, it also provides a buyback guarantee on completion of a Gold Bullion purchase order commitment.
Buyers may elect to hold their physical gold purchases personally or assign them for safekeeping in a certified depository through our licensed gold provider for a small fee. 

 Gold has been traded for over 5,000 years. In fluctuating economies it is a reliable investment that many governments, banks, large and mid-sized corporations as well as high net-worth individuals turn to for increased stability. Now, Global InterGold makes purchasing gold possible for just about anyone."

I have no news what happened to my acquaintance if he get his money back with profit or not but I am certain when the recruiting is saturated everything will fall apart and good luck to the latest member who will bear the consequence.

My advised to everyone, stay way from this type of investment. If they promise big return in a short span of time then be worry. Say NO to this kind of investment. Many investment scam has been brought to the public attention but we Filipinos never learned. It is better to invest in mutual fund and stock market. All you have to do is learned how to do it.

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Global InterGold Review – Re-Launch of EmGoldex?

Hey welcome to my Global InterGold Review!

 There is something fishy going on about this new company and in this blog post I am going to expose everything…

 First, I want to let you know a little bit of the history about Global InterGold and why you could burn through a lot of money…

 I am generally never negative about MLM companies, but this one had to be revealed…

 Global InterGold Review – The Company If you read my EmGoldex review, you will notice that this company is EXACTLY the same…

 There is a big reason for that…

 It looks like after getting in a ton of trouble, EmGoldex decided to re-launch under a different name…

 Some of the issues EmGoldex ran into are the following:

 August 2014:  Massachustts Securities devision begin to investigate Emgoldex

 October 2014: Civic fraud charges filed against top US EmGoldex investors

 February 2014:  Philippines SEC issues regulatory warning against EmGoldex

 April 2015: Central Bank of Malaysia places Emgoldex on investment blacklist

 June 2015: Dubai Multi Commodities Center warn Emgoldex not registered to trade gold in the UAE
It looks like the anonymous owners had ditched the name EmGoldex because of all the negative publicity and changed the name to “Global InterGold” in late June 2015…

 Global InterGold Reviews – The Products This is EXACTLY the same as EmGoldex where you hand over 540 EUR to have a position in the matrix…

 Also, Global Intergold positioning their Ponzi investment offering the purchase of gold with a twelve month delay on payment…

 Gold is the vehicle of choice to push this scheme (I noticed a lot of “Gold” companies are launching lately).

 You only get Gold if you ask for it when you want your ROI in Gold instead of cash.

 Global InterGold – The Compensation Plan As of right now there is NO information on their compensation plan but it looks like the affiliates are pushing it just like Emgoldex with the same prices…

 The only information I found is that the president is “Jens Krebs” and I found that on their YouTube channel.

 There isn’t much information on him and I checked his LinkedIn profile which didn’t even have a profile picture…

 The main source of traffic to their website is coming from Russia at 15.3% according to Alexa and a whooping 15.1% is from the Philippines.

 Global InterGold – The Verdict I rarely call anything a scam, but this is one and for that reason I am out!

 There are just too many issues going on right now with EmGoldex and now they decide to launch another company with a different name?

 I mean…

 If it was a totally different company and they wanted to start fresh okay fine…

 BUT…

 It’s the EXACT same company!

 And it will fall into all the issues EmGoldex fell into!

 Please, listen to me…

 I would not join this company.

There are so many other business opportunities out there that are legit….

 I hope you enjoyed my Global InterGold review and if you are in this company…

I hope you didn’t get scammed.

 I really do.

 Bless and Be Blessed,

From: http://hotmlmcompanies.com/

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