Monday, June 9, 2014

greater manila and metro cebu

If you are asking where to invest in the county, you cannot go wrong with these two areas. Growth in the greater manila area and metro cebu is at such a dizzying pace, its almost impossible to keep track. I'm particularly excited with cebu's airport expansion, having recently been awarded to Megawide-GMR consortium. An expanded airport would bring in more tourists and investments to metro cebu, further accelerating its economic growth. I'm also thrilled with Ramon Ang's unsolicited proposal to build a new manila airport on reclaimed land. Although SMC taking on more debt would negatively affect my outlook for the stock but that remains to be seen. It seems  the government looks determined to solving overcapacity at the existing NAIA, having commissioned a feasibility study to determine where best to put it. There is also the upcoming skyway which will finally serve to link NAIA with Clark airport via NLEX and SCTEX. It would be wonderful for the greater manila area to be served by three airports, that is NAIA, Clark and the yet to be determined third one in manila bay. As an investor, you would want to be where the action is, where the growth rate is highest. This is particularly true with land banking, that is investing in land that is yet undeveloped but lies on the growth path of these two metropolis. So for investors looking at investing in land, let the hunt begin. Happy investing!

Thursday, June 5, 2014

one year on...

Time flies and it has been a year since my last post. A quick look at things and I'm surprised the blog has reached 20,000 visits. Even if it's a miniscule number for a five year old blog, I'm still happy to have the privilege of sharing my investment views with the world.  Not surprisingly, the most popular post is "do not invest in Philippine pre-selling condos", as you can see on the right column. Investors may agree or disagree on what was written but at the end of the day, it is your money and only you can decide where best to invest it.
So what's new. Not much I would say. Still very positive on keeping and growing my investments in the Philippines. Still trying to pay off debt and save at least 10% of my monthly income. Still diversifying investment money evenly into stocks, bonds, cash, real estate, precious metals and small business ventures. Overall it was a good financial year and looking forward to the next one. Hopefully it was the same for you. Happy investing!