coohm 0 Posted May 18, 2012 Share Posted May 18, 2012 Hi everyone, greeting from Hong Kong. I have made a friend in Cebu and he lead me a wonderful trip last week. after i have back to hong kong i am always thinking some investment in cebu. for helping my friend relieve from proverty, and also to make money. I am currently interesting in investing a jeepney. I know there is much to think, for buying a jeepney, a license of the route, Hire the driver, mainteinence~ It is a far way to go, and i would like to gather any kind of suggestion here. thanks! Link to post Share on other sites
ArieBombarie 365 Posted May 18, 2012 Share Posted May 18, 2012 you should scan this board a bit, there are loads of topics on this and similar endevours reallise that this is a stage most go through who are in first contact with RP and learn from other peoples experiance, the stuborn ones usually get burned seriously Link to post Share on other sites
smokey 21,999 Posted May 18, 2012 Share Posted May 18, 2012 Hi everyone, greeting from Hong Kong. I have made a friend in Cebu and he lead me a wonderful trip last week. after i have back to hong kong i am always thinking some investment in cebu. for helping my friend relieve from proverty, and also to make money. I am currently interesting in investing a jeepney. I know there is much to think, for buying a jeepney, a license of the route, Hire the driver, mainteinence~ It is a far way to go, and i would like to gather any kind of suggestion here. thanks! if you want to give your money away there are lots of places that it can be used much wiser ... sick and disabled children comes to mind.... groups of seniors we give a little to this one as old can not work and there are no provisions for their food... jeep... looser 1 Link to post Share on other sites
For Real 3,253 Posted May 18, 2012 Share Posted May 18, 2012 if you want to give your money away there are lots of places that it can be used much wiser ... sick and disabled children comes to mind.... groups of seniors we give a little to this one as old can not work and there are no provisions for their food... jeep... looser The nicest way to piss money up against a wall is to choose a wall with genuine needs. But if the monies were invested properly (ie. Outside the Philippines) then more people could be helped with what's left Link to post Share on other sites
sjp 316 Posted May 18, 2012 Share Posted May 18, 2012 Not a good idea. Too many things can go wrong and do. Invest your money in your own country. Most people I have talked to in the Philippines have lost their investment Link to post Share on other sites
mabutiman 1,571 Posted May 18, 2012 Share Posted May 18, 2012 Not a good idea. Too many things can go wrong and do. Invest your money in your own country. Most people I have talked to in the Philippines have lost their investment You can count on one hand the number of foreigners who leave this country with more money than they arrived with !! Link to post Share on other sites
BossHog 39,210 Posted May 18, 2012 Share Posted May 18, 2012 (edited) You can count on one hand the number of foreigners who leave this country with more money than they arrived with !! I know this to be false. A LOT of foreigners have come here completely broke, raked it in and left happy as a clam. It involves setting up "orphanages" for children whose pictures will be sent to multiple congregations of multiple denominations in multiple countries. Some of these places function day-to-day. most just lay on a soup and rice kitchen for a photo shoot or when a whale from overseas is flying in. It's beyond reprehensible and there are a certain two nationalities who seem to have a multi-generational monopoly on these operations going on in secluded areas of Leyte and Mindanao away from the scrutiny of the city and in direct collusion with local powers. There, I've said too much. Edited May 18, 2012 by BossHog 3 Link to post Share on other sites
lazydays 1,306 Posted May 18, 2012 Share Posted May 18, 2012 So true Bosshog, probably the oldest scam in the world "Charity". Link to post Share on other sites
Faluango 119 Posted May 18, 2012 Share Posted May 18, 2012 Dont do it. Link to post Share on other sites
3stripes 169 Posted May 18, 2012 Share Posted May 18, 2012 Hi everyone, greeting from Hong Kong. I have made a friend in Cebu and he lead me a wonderful trip last week. after i have back to hong kong i am always thinking some investment in cebu. for helping my friend relieve from proverty, and also to make money. I am currently interesting in investing a jeepney. I know there is much to think, for buying a jeepney, a license of the route, Hire the driver, mainteinence~ It is a far way to go, and i would like to gather any kind of suggestion here. thanks! Much better too invest your money and give the proceeds to them You give me a million pesos and I'll doulbe it in 6 months guaranteed I'll lend the money to people with absolutely no money who will repay it at 500% interest. Get you friends to invest with me and I'll give you an extra 50% bonus on top What could go wrong you can contact me at Celso De Los Angeles C/O The recently departed Manila Funeral home Link to post Share on other sites
BossHog 39,210 Posted May 18, 2012 Share Posted May 18, 2012 (edited) Sorry for the off-topic. might warrant a split topic. As to the Jeepney: the key verb is donate and not invest. Butt it's such a cliche that it's hard to separate the trolls from each other. Edited May 18, 2012 by BossHog Link to post Share on other sites
udonthani 2,027 Posted May 18, 2012 Share Posted May 18, 2012 you might as well invest in a small amount of gasoline, and a match, light a fire, and dispose of the money in that way. even if you aren't a pyromaniac, you'll certainly get more enjoyment from watching the blaze than you would watching the alternative. maybe - just maybe - if they have ten jeepneys already, then you could buy another one. This principle goes for pigs, and chickens too. If you can see they're good at it already and know how to turn a profit at it, before you came along then maybe - just maybe - you might invest some more. otherwise forget it. 2 Link to post Share on other sites
Brucewayne 3,803 Posted May 18, 2012 Share Posted May 18, 2012 Try Blue Chip stocks, at least you can turn a bit on your investment. Link to post Share on other sites
dHb 244 Posted May 20, 2012 Share Posted May 20, 2012 Bad idea - a friend of ours had a jeepney franchise, met with an accident, got the pants sued off them. And this is a Filipino - just imagine what would happen if it was a foreigner.... Link to post Share on other sites
m60man 987 Posted May 20, 2012 Share Posted May 20, 2012 Ha Ha ha............let me think about that for a second...........NOT..............unless you like getting f_ _ _ _d over. If so go for it. But remember..if it's got wheels it's not a good deal! Now if you have some money to throw around I can tell you how to make 25% in 12 months or so secured by a tangible item. No wheels, no franshise......... Link to post Share on other sites
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