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Peso Weakens. Advantages of Weak Peso For OFW:
[/vc_column_text][/vc_column][vc_column][vc_column_text]Last June 13, 2018, the exchange rate just hit Php 53 to a US Dollar. The all-time low is Php 55.50 recorded last October 23, 2003
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ultimate_fancytext strings_textspeed=”35″ strings_backspeed=”0″ typewriter_loop=”off” typewriter_cursor=”off” fancytext_strings=”“Overseas Filipino Workers (OFW) greatly benefits from the strong Dollar“”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”7730″ img_size=”full” alignment=”center” style=”vc_box_shadow_border”][vc_column_text]
Photo above taken on August 27, 2018
Almost 3 months after, June 2018. The dollar remains to be strong and steady against the Philippine peso at Php 53.33 to one US Dollar.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Dahil sa mataas na palitan ng Dolyar sa Piso, ang mga kamag-anak o mahal sa buhay dito sa Pilipinas ay nakikinabang sa mas malaking pera na natatanggap.
Maaring di lumaki ang sahod ng nasa abroad, ngunit dahil sa mataas na palitan. Mas malaking pera ang naiuuwi dito sa Pilipinas.
(The higher conversion means their beneficiaries will have more money to spend. Workers abroad may not get any salary increase, but because of the exchange rate, whatever they send back home is bigger.)[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”7566″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Common reaction of Filipinos after receiving additional money resulting from the exchange rate is to splurge.
Shopping, eating-out, watching movies, buying new clothes, buying new shoes, etc. While all these will make you feel good in the short run, it does not do you any good in the long run.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ultimate_fancytext strings_textspeed=”35″ strings_backspeed=”0″ typewriter_loop=”off” typewriter_cursor=”off” fancytext_strings=”“Place the Additional Money Coming From the Exchange Rate In An Investment That Grows it’s Value Over Time“”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]One of the best place to put the additional money is in properties. Whether its your First Home or the nth home. You increase your Net Worth by being a Home Owner.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”7318″ img_size=”full” onclick=”custom_link” link=”https://cavitehomes.com/lancaster-estates.html”][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height=”20px”][vc_separator][/vc_column][/vc_row][vc_row][vc_column][hz-section-title hz_section_title=”House and Lot Property As An Investment” hz_section_subtitle=”” hz_section_title_align=”text-left” hz_section_title_color=””][vc_column_text]One great investment is Lancaster New City. House and Lot investment is generally a safe investment that grows big over time.
Lancaster New City in Cavite is value for money and given its proximity to the Metro and airport makes it a great investment.
It’s a development that fosters strengthening Family ties. It’s tagline is: ” A Family Friendly City “
For more information about Lancaster New City and it’s home offerings, kindly click the button below.[/vc_column_text][vc_btn title=”Full Details” color=”primary” align=”right” link=”url:https%3A%2F%2Farchive.cavitehomes.com%2Flancaster-estates.html|title:Lancaster%20New%20City|”][/vc_column][/vc_row]