ABBEY: It is great that the first global summit of The Global Filipino Investors was held in Singapore. Just purchase the ticket and you're done. No airfare or hotel bookings. At 8:30 AM, Hotel Re! Opened its doors to the guests. Breakfast was served and the participants started to mingle with each other. We went with our friend Jhen who came from Philippines just to attend. We got a full view of the speakers and their materials as we were on the third row from the front.
After a prayer and welcome remarks from the founder, Floi, JJ Atencio spoke about real estate. I was able to get a book regarding successful investment stories of Pinoys. He explained that real estate asset is more affordable now but gave a hint to plan first what would be the purpose of that property; be it for personal or for rental use.
Then Ms. Salve Duplito gave us OFWs tips on where to put our hard-earned money. Key take away is to have an exit plan for being an OFW, budgeting and giving back to others.
Now after having investment, what are your plans on your estate? That is where the expertise of Susan Bigay comes in. She taught us to plan your estate as it grows. Not only to avoid chaos on the heirs but also to avoid tax "legally". I hoped she could have more time during the summit, because her topic really interests me.
Then lunch came and since it is siesta it is expected that everybody will feel sleepy.
TGFI management came up with a good idea. They put Natasha Bautista (Acting General Manager of Grabcar Philippines) to speak during that time.. Who will fall asleep when that angelic face starts her speech? I'm inspired for what she accomplished at such a young age. Dream big and reach for the goal. The next half of the summit boiled down to stocks, mutual funds, trading and franchising.
Edmund and Edward Lee, Aya Laraya and Marvin Fausto told the audience on how easy to invest in paper assets with minimal startup. Then the TAP founder Tony Herbosa defied the norms. He told the participants that he's telling his apprentices not to buy blue chip stocks. He concentrates more on trading (in very large volume). He even showed his buy/sell receipts as well as his gains. If that is not appealing then try franchising. In the end it still depends on the investor which one he chooses.
Edmund and Edward Lee, Aya Laraya and Marvin Fausto told the audience on how easy to invest in paper assets with minimal startup. Then the TAP founder Tony Herbosa defied the norms. He told the participants that he's telling his apprentices not to buy blue chip stocks. He concentrates more on trading (in very large volume). He even showed his buy/sell receipts as well as his gains. If that is not appealing then try franchising. In the end it still depends on the investor which one he chooses.
Q&A's were conducted to have more interaction with the speakers. Food is delicious and take note it is a buffet :)
No topic is boring. We learned a lot on this event. Study and learn more for you to become financially free and independent.
Room for improvement:
1. People became noisy at the back as they are discussing with other speakers. It is ok to mingle and ask questions but give respect to other speakers who are still giving their talks.
2. Make more time for the speakers. Make the summit maybe 1-2 days. This is hard to plan but this is promising; giving more knowledge to the attendants.
More power to TGFI. Congratulations. Mabuhay tayong lahat.
WILL: TGFI First Global Summit: we are pleased and blessed to held that in Singapore. Well-known people flew in here with one mission...promote financial literacy to Filipinos.
JJ Atencio discussed the few things that can make a man a millionaire. And the number one tool? Financial Education. We got a free book too to take home for participation in his talk.
Salve Duplito, The Scam Buster, tackled what are the 7 things for OFW to do. What hit me most is her question, "When you want to go home? Do you have an exit plan?".
Susan Bigay gives an insight how to distribute your wealth to maintain the peace and harmony after your death. This is one of the speaker swarmed by questions. Haha. 30minutes is not enough for her. Bring her back to Singapore! Please??!
Bansan Choa. He disclosed that retirement is a good business. Haha! Got a good business idea on that. Thanks iRemit Boss.
Aya Laraya. We really laughed when he told the crowd that he meets a people that seems knew it all but don't do anything to take the first step in investing. Haha. He taught us how to have a company analysis for every stock you wish to buy.
Edmund Lee pushes the people to dream big and do not be scared. He shows us some strategies in stocks too.
Tony Herbosa the founder of TAP confirms what I did when I selected my power of five company. Gut feeling is a good thing to be side by side while analysing the stocks. Haha! Instinct and Legal Wife is the right word! Haha. Hope to see you again in Singapore.
Marvin Fausto get into deep on 3Ws in investing. We got further on how it is easy to invest in mutual funds using the COL account. :) Thanks Sir Marvin for creating this platform for the Filipinos.
Jerry Ilao differentiated very clearly the difference between employee and entrepreneur. He gave ideas of a business that requires a minimum amount of P500,000 and below. He also give us the perfect signs that you are ready to be an entrepreneur.
From 8:00 - 6:00pm for only $75.00 with free breakfast, lunch and snacks. Gosh this is really a real deal. We learned a lot and we want more!!!
Thanks TGFI. Till next year's Global Summit. Hmmm thinking who the next set of speakers will be. :)
WILL: TGFI First Global Summit: we are pleased and blessed to held that in Singapore. Well-known people flew in here with one mission...promote financial literacy to Filipinos.
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