00:00But how much is it now? Does anyone buy it from you?
00:03I haven't sold it yet.
00:06I think I won't sell it because
00:09Buboy, we all know that he's Ding
00:12from the time of Marian, which is
00:14Marian is one of the well-known Darnas.
00:18Yes, the iconic version of Darnas.
00:21And Ding.
00:22Ding?
00:23Buboy, he's not yet pushed back then.
00:25No, I'm not pushed back!
00:27Sorry, sorry, sorry.
00:29No, he pushed me. You sold it to me.
00:33You pushed me.
00:34This is just the stone.
00:35The stone is that I'm still moving.
00:37Hey, hey!
00:38Ding, Buboy is a very good child actor.
00:43You really can't question him.
00:45When he was young, he was still small.
00:47He's still small until now.
00:49He's really good. It's funny.
00:52So, to the Gen Z who can't watch it,
00:54you can watch how good Buboy is.
00:57He was given justice as Ding.
01:02Because the Dings I remember are Ninong Mulak.
01:05And after that, there's no more.
01:07Atong Redilias.
01:09But I know Ninong Mulak and Buboy better.
01:13Oh, right?
01:14It means he has a bigger name.
01:16Yes.
01:17So, when he brought it,
01:19and it was still cheap,
01:21maybe if he sold it now,
01:23it would have been expensive.
01:24Because the prices are going up.
01:26The artists who visit me,
01:28the prices are going up and up.
01:31You can't catch me.
01:32I don't have money.
01:35It's different.
01:36Do you have a factor when you watch?
01:39Where will you land the money?
01:41Sometimes, I don't know what to do.
01:43But it depends.
01:45I'm interested to know this, Boss Soyo.
01:47Because we talked about the value of an item.
01:50If someone comes to you,
01:52how can you give a price?
01:55The price is different from the value.
01:57The price is the worth of an item.
01:59Right.
02:00The value is the charge that you give to him.
02:03You know, that's one of the hardest things.
02:05The value.
02:06Especially if you're an artist.
02:08You, Madam Chair and Vice Chair.
02:11You use it.
02:12Or even me, right?
02:13We have an item that is important to us.
02:17It's hard to let go.
02:18For example, a trophy or award.
02:20Yes.
02:21For us, it's priceless.
02:23It has a sentimental value.
02:24It has a sentimental value.
02:26It's priceless.
02:28But that's not possible.
02:30If you're a collector,
02:32you'll have a collector's price
02:34or a market value price.
02:36Which is,
02:38there's a contradiction
02:40in the value that you want in the item.
02:43But in the real market price,
02:45it's not like that.
02:47But I always say,
02:49if I buy that,
02:51can I flip it?
02:53Because this is a business after all.
02:55Yes, it's a business.
02:57It's not just because I'm a collector.
02:59It's a business too.
03:01Because if I can understand the value
03:03that you're looking for,
03:05your value,
03:07and I don't just look at the label
03:09of the value,
03:11the pawn store will close early.
03:13That's right. It still needs to be under.
03:15Yes.
03:16So it's hard sometimes,
03:18especially if you're facing your idol.
03:20You just nod.
03:22It's like you're shy.
03:24If there's an idol,
03:26like Boss Toyo said,
03:28for example, Francis M.
03:30We're all fans of Francis M.
03:32He doesn't ask me to do that anymore.
03:34Yes, it's like that.
03:36I'm very eager to get that
03:38because I'm a fan.
03:40But he has a voice.
03:42The one you bought.
03:44The polo and jersey.
03:46What MV is that?
03:48Baksakan.
03:50I remember I went to your shop
03:52and you're still bidding.
03:54Yes, that one.
03:56First, Sir Gluck.
03:58Sir Gluck first,
04:00then Sir Chito Miranda,
04:02then Ma'am Pia.
04:04Sir Francis' polo.
04:06I got all three.
04:08Because if I don't get one,
04:10there's nothing.
04:12The collection is useless.
04:14It's still incomplete.
04:16It's still in my shop.
04:19That's your prized possession.
04:21You'll never sell that?
04:23Never.
04:25As of now, I don't plan to.
04:27You're a businessman.
04:29As of now, depending on the price.
04:31Last bid is 8 million.
04:33So maybe when it goes up,
04:35we'll know.
04:37But for now,
04:39it's one of the things
04:41that people want to see.
04:43Because it's not open to the public.
04:45So not everyone
04:48will be able to see it.
04:50You won't be able to enter the Pond Stars.
04:52Unless the museum is finally open.
04:54Once you've curated the collection.
04:56Yes, so in March,
04:58we're hoping that it'll be okay.
05:00So people will be able to go.
05:02But of course, there's an entrance.
05:04Yes, because there's maintenance involved
05:06in keeping the memorabilia.
05:08It's not just a joke.
05:10I even borrowed money
05:12to build that museum.
05:14That's our topic today,
05:16you make your debt work for you.
05:18This is what we call a good debt.
05:20I'll give you an example.
05:22Okay, Madam Chair.
05:24Good debts are those that follow.
05:26What's that?
05:28For birthdays.
05:30No, no, no.
05:32Why am I stammering?
05:34I'm quick to convince.
05:36Okay, the debts that are used
05:38in investments.
05:40For example, a property loan
05:42or housing loan.
05:44In the end, you'll get something
05:46that will be yours.
05:48So you borrow it, you work hard,
05:50slowly, with a little interest,
05:52it'll go to you. Property loan or home loan.
05:54That's good.
05:56Next, if you want to skill up yourself,
05:58you want to invest in your education,
06:00educational loan.
06:02For example, there's an expensive course.
06:04The student is smart,
06:06he'll borrow it from his parents.
06:08So he can feed, and one day,
06:10he'll be able to sustain
06:12his business product,
06:14his career,
06:16his livelihood.
06:18And third, a good debt,
06:20like what Boss Toyo said,
06:22is what's used in business.
06:24Debt can be used
06:26to increase money.
06:30Banks or government facilities
06:32need to be used.
06:34You know,
06:36Ms. Corina told me,
06:38rich people have a lot of debts.
06:40Yes, that's true.
06:42What can you say about that, Boss Toyo?
06:44They really loan other businesses.
06:46So they don't give you 100% of the money?
06:48No.
06:50It's really important.
06:52Actually, they're teaching me,
06:54you need to have a loan.
06:56Just be wise,
06:58you can't just keep on loaning.
07:00There's no plan.
07:02You'll first look at where the loan is for,
07:04where it'll go at the end of the day,
07:06then the return, that's very important.
07:08Then you'll also look at
07:10where you'll put your debt.
07:12So the money,
07:14it shouldn't be left empty.
07:16Why is it different for you?
07:20What do you have today?
07:22It's like this,
07:24even if you have money,
07:26why do you still have debt?
07:28For example, you're building a business,
07:30you still have money.
07:32If there's a loan,
07:34and the interest is small,
07:36you can save more money.
07:40If the business can sustain
07:42the interest and the loan,
07:44think about it,
07:46the interest is small,
07:48you'll be surprised,
07:50the loan is done,
07:52and your business is big.
07:54You don't have capital,
07:56you just borrowed it.
07:58It depends on how you manage
08:00your loans,
08:02where you'll use it,
08:04and if you mismanaged it,
08:06or you really didn't do it,
08:08that's where you'll have a problem.
08:10So before you get a loan,
08:12think not just 100 times,
08:14but if you can really
08:16make it work,
08:18and you won't have a jump,
08:20which is what I did.
08:22I remember when you said that,
08:24do you remember when I went to
08:26Etabac with you,
08:28I borrowed from him,
08:30because it's true,
08:32I don't want to say it,
08:34I'll just pretend.
08:36I said it,
08:38because it looks like that's where it's going.
08:40He wants to drop his self.
08:42Did you borrow from him in 2018?
08:44No, I think it was 2018,
08:46before the pandemic.
08:48It's almost the pandemic.
08:50I just borrowed from you.
08:52Because,
08:54Boss Toyo is my idol,
08:56when it comes to business,
08:58he gave me a watch,
09:00and I always watch him,
09:02he's really good at business.
09:04I mean,
09:06how hard he works,
09:08how he posts,
09:10he has a lot of pages,
09:12Boss Toyo is one of the reasons
09:14why I worked hard in business.
09:16He inspired you.
09:18Yes, I was inspired by Boss Toyo.
09:20At that time, I was in a pinch,
09:22my money went to health issues,
09:24and I also wanted to get into business,
09:26which is, I wanted to be like you,
09:28So you don't have a similarity with him?
09:30No, not yet.
09:32This is the time,
09:34when I was with him,
09:36I was doing a live stream,
09:38plus I borrowed from him.
09:40He said,
09:42you need to think 100 times about this.
09:44He also said to me,
09:46maybe you'll get addicted to Boss Toyo.
09:48You two are the same,
09:50you're in sync with what you're doing.
09:52He's one of those who gave me advice,
09:54that it's good to do what you need to do,
09:56if not, it's up to you.
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