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Monday, June 18, 2007

What's up again?

Its' been a full year now since I left my job in KSA! Weeeha! Its' also been a full year now since I have been jobless. A full year of being tambay, hehehe!

Ni...how..

The wonderful thing is, my assets grew by at least 20%. Yesterday, I paid in full the lot sold to me a few months ago. My decision to pay in full was prompted by the on-going development in that site: a school and a hospital was being constructed a few meters away; I reckon, the market value of the land would shoot up, hehehe. I expect the TCT to be released to me by end of next month. Besides, I will use the lot as a parking area for the increasing number of vehicles that I am acquiring.

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Once the TCT is released, I will use it as a guarantee to a loan I will apply for next month. The proceeds of the loan will be used to buy franchises and multicabs. This is a new business I am going into due to a press release this month that construction of Robinsons Mall and a Hotel in the City will be started in October, and is expected to open by December 2008.To make sure that I will get a franchise for the ideal route, and before prices go up. I wanted to be there first, this early hehehe. The downside is that, the prices of multicabs have gone up to stratosphere levels! Let us see what happens.

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Also, a few days ago. I acquired, out of the blue, freezers! I bought three huge freezers on a bargain! I bought them because they were soo cheap, and the owner was leaving the country ASAP. I have in mind various options how I will monetize these freezers! Maybe I will put up a meat shop, or maybe sell ice candy, hehehe.

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My Agri-lending business is doing great, and in fact is the backbone of all my businesses. I have expanded to two more farming communities, and next cropping, I expect to earn an additional few hundreds of sacks of rice on interests alone. I infused a few hundred thousands to the business, to earn this additional interests.

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My adsense income is a bit steady for the past two months. I really should have more time blogging.

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My charity work for the past months was in full blast. It consumed more resources and time than I anticipated.Hay.....my friends joked that the reason I am working hard and looking for more money is...so that I can sponsor and help more people, hehehehe! Hai....... pero cge lang...ganyan talaga ang buhay.