In Depth discussion of Global Recession with Mike Enriquez and Marian Rivera. Know what is global recession, Learn the effect of global recession in the Philippines especially to electronics and garments factories.
Cashflow Philippines Gathering
Let us play together Cashflow 101 and Cashflow 202 in Makati and Ortigas every Saturday for this 2009
Cashflow Gathering 2009
What do these successful People have in common?
Bill Gates of Microsoft
Ray Kroc of Mc Donalds Corp
Warren Buffet of Berkshire
Michael Dell of Dell Computers
John Gokongwei of JG Summit
Henry Sy of SM Shoe Mart
Tony Tan Caktiong of Jollibee Corp
Socorro Ramos of National Bookstore.
Are they all college gradute? NO
Are they all scholastically smart? NO
Are they all born rich? NO
They own their own Business.
Create Abundance Business Community invites you to attend Cashflow Gathering to Learn the Fundamentals of Business and Investing based on the best selling books Richdad Poordad and Cashflow Quadrant of Robert Kiyosaki.
Create Abundance is one of the enterprise that promotes ENTREPRENEURSHIP. Our main purpose is to empower people and organizations to generate and fulfill new possibilities based on gifts, generosity, accountability and commitment.
We create and provide services, programs and business vehicles that produce extraordinary results for our business partners.
What will you learn? New Rules of Money
> Industrial Age vs. Information Age
In the time of Industrial age those who have machinery own the wealth. Henry Ford of Ford Motor Company.
In the time of information age those who have right ideas, updated information and the right network own the wealth. Larry Page and Sergey Brin of Google.com, Steve Jobs of Apple.
> Savings vs. Investing: Before saving is smart, Today saving is not enough.
Time deposit interest rate is 3 to 5% per annum. Average inflation in Philippines in year 2008 is 9 to 10%. Your money increase by 5% due to interest but decrease by 9% due to inflation. Now you are negative 4%. You loss 4% purchasing power of your money.
Before, you will notice that you can buy many things in 500 pesos, Today, because of inflation you don't want to break your 500 pesos because you can easily spend it in a blink of an eye.
> Asset vs. Liability
Is your house asset? if your answer is Yes. You are wrong. Asset is something that puts money into your pocket, Liability are something that takes away money out from your pocket.
Cellphone, Plasma TV, PSP anything that depreciate in value is a liability. Anything that creates income is an Asset such as Businesses, Franchise and Apartments etc.
> Working hard vs. Working Smart
We are trained in school to work hard for money,but school don't teach us how the money will work hard for you. In this time of economic meltdown working smart is much wiser than working hard.
and many more...
> Good Debts vs. Bad Debts
> Risk vs. Risky
> Reading Financial Statement
> Identify Good and Bad Investment
> Passive Income - Income without working, real state, franchise, royalties, etc...
> Portfolio Income - stocks, mutual fund, bonds etc....
Schedule for March every Saturday
March 7, 2009 (8:30am to 1pm)
March 14, 2009 (8:30am to 1pm)
March 21, 2009 (8:30am to 1pm
March 28, 2009 (8:30am to 1pm)
Where:
Ortigas
The Venue Restaurant, Pearl Plaza, Pearl Drive, Pasig City
Registration Fee: P400, meal included plus bottomless ice tea bring a friend and get 50% discount each)
Makati
Spicy Fingers Greenbelt Makati City Registration Fee: P400, meal included plus bottomless ice tea bring a friend and get 50% discount each)
Alma Panganiban/ Ferdie Panganiban
0920.669.5065 / 0915.725.8561 / 0923.401.4239 /02.828.9330
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