About Richard Macalintal

Hi my name is Richard. I am a Registered Financial Services Consultant in Singapore. If you have any queries or you need help on your insurance policies and investment linked products, feel free to message me :-) We can have a cup of coffee while I do financial review and give advice with regards to your finances :-) Contact me thru email rlmacalintal(at)yahoo.com or SMS me +65 82235186. Disclosure: I am a Financial Consultant of AIA. The statements or opinions expressed on this site are my own and do not necessarily represent those of AIA.


  1. i am working here in the UAE. which mutual fund is available here where i could invest?

  2. hi daisy. i’m also an OFW base in Singapore. i open mutual fund account from here, it’s FAMI SALEF account. you can follow the guide i posted here to open your account from UAE. if you still have questions, just leave your comment here. don’t forget to subscribe in our newsletter and join our fan page. thanks.

  3. How did you deposit your initial and subsequent investments to their bank if you were in SG? Is it via bank transfer?

  4. Thanks for this detailed information, Chado. As always, you helped me a lot in starting to invest in mutual fund! God bless you and your soon-to-be family! 🙂

  5. Mr. Richard,

    I am interested to invest some of my savings to a mutual fund. I want to send my deposit thru Quickpay(money remittance center here in KSA) to the Metrobank account mentioned. Is this okay and will they acknowledge the transaction receipt? Would an investment of 10,000php be enough?

    • hi jonathan. i’m glad you are doing the right thing. yes, Php 10K is enough for a start. but i suggest you keep on topping up your excess money. also, to better guide on your investment, i will add you to our newbie investors group in FB. but before i can do that, we need to be friends. hit the LIKE button http://www.facebook.com/richardlmacalintal then message me to add you.

      btw, enter your mail on the subscription, as i am sending updates and tips on your investment. thanks.

  6. Hi Richard I am interested to invest,I am also OFW from CY, I want to learn all the details.. Details after funding your account and the benefits, I mean your income will be. Thank you.

  7. We have invested in FAMI last December. Till now we haven’t got the acknowledgement receipt. Is this normal with FAMI? We would like to add to our investment we are not very happy with the slow process. We don’t even have an account number yet.

    • hi daisy. sobrang tagal na pala, you should call them in their office to follow up. did you use a registered mail? the question kasi is, natanggap ba nila yong mail mo? kase kung hindi naman….di talaga nila aasikasuhin yan. alam mo naman sa atin, uso rin yang ganyan na hindi dinideliver ng kartero yong mga sulat. go to their website and call their hotline number.

    • i think there really is a problem. Kasi my daughter and nephew got their confirmation after almost a year. It’s disgusting considering our modern communication systems.

      • eto po ang facebook page nila: https://www.facebook.com/firstmetrofunds you can post your questions there and tell them how bad their service is….

        actually me and my wife opened FAMI account last Jan 11 from Singapore. after 1 and a half months i received the COR, but the good thing is Jan last week yong purchase date nila ng shares ko. meaning, natagalan sila sa pag send ng COR sa aken but I already have the account on their system.

        anyway, i suggest pa rin na kontakin nyo sila.

        and by the way, i also have another account in Philequity. you can try to open an account from them as well. yong COR, di na nila ime-mail, ii-email na lang syo. no physical paper needed.

  8. Thanks indeed Richard for your help. Will try to contact them and will also look into Philequity.
    By the way, i intend to join the Truly Rich Club and might also invest in stocks.

  9. yes we are on fb. i will complete my registration with TRC next week. how do i start with the stocks?

  10. Hi richard!

    Do I need to invest same amount of money on a regular basis?
    Like if I will open an account of 10k, do I need to give every month 10k?

  11. Hi Richard, I intend to apply as “Individual”. What happens if I die suddenly? Knock on wood.

    • kung mamatay ang account holder, pwede ma claim ng immediate family yong account mo. don’t worry much about it. as long as alam ng family members mo na may ganong account ka. just make sure they know your account number and other details para madali mag process.

      • Hi Richard,

        Nagopen na ako ng account sa FAMI, gaano katagal bago nila ibigay yung confirmation of remittance? April ko niremit until now wala pa rin daw confirmation ang metrobank remittance..



        • hi crese. san po kayo nag open ng account? kung sa pinas, mga 2 weeks siguro. kung abroad naman po, medyo matagal…. a friend of mine inabot ng 2 months. kaya better kulitin nyo lagi thru calls and email ang FAMI.

      • Hi Richard,

        Nagopen na ako ng account sa FAMI, gaano katagal bago nila ibigay yung confirmation of remittance? April ko niremit until now wala pa rin daw confirmation ang metrobank remittance..



  12. Hi Richard.
    First of all. I want to thanks you for referring a friend of yours in opening a FAMI account.
    I hope you can refer them to me so that if they have any concerns, I can be their contact person to help them, as I have helped several OFWs.
    To those who have already invested and would like me to be their contact person here, i will be very happy to assist.
    Thanks so much Richard.
    Warmest regards
    Edmund Lao, RFP

  13. bakit importante na mas malaki ang initial deposit sa MF? although required talaga na mas malaki kesa sa suceeding, is there a good reason?
    any advice/tips on “timing” for funding your MF acct.. thanks…

    • 5k is a reasonable opening account, then 1K for succeeding investment. i think para po ma cover yong mga admin charges nila and to break even. di naman lahat kase mag-oopen and regularly dadagdagan. but that was my guess only.

  14. Hello po isa rin akong ofw and currently residing in London , just want to ask if I could use foreign passport as a valid ID proof in opening account on FAMI SALEF as I haven’t yet acquired dual citizenship.? Also I just applied for my TIN online ,I’m just wondering if I could use that tin no. they given me online without yet collecting my proper ID on my designated RDO in philippines?thAnk you in advance …xxx

    • hi ms jane. i’m not sure if you can use your foreign passport, but make sure you also have your philippine passport submitted when opening. iba kase ang law kung foreigner ang mag open ng investment account. you may try to send email query to them directly. yes, you can use the TIN that you have.

  15. Hi again, I love reading blogs about investing and there was one comments that really catches my interest …its about IMA in banks! Any idea about this? Please could you elaborate more about this and really appreciate your effort to help us newbies explore into the world of stock market. Thanks. xxx

  16. Hi Jane…
    Based on my experiece as a FAMI investor and distributor under Rampver Strategic Advisors , FAMI is not that strict with TIN requirements but it is ok to have your TIN para sigurado.

  17. Hello.

    Confirm ko lang, na if i want to continue the deposits, i just use Salef Account details?
    I am here in UAE na, and i opened the account before in Ph.
    I guess I can do direct deposit (thru money exchange shops) using the SALEF Acct No, is that right?
    Tapos I send the screenshot sa FAMI email, ganun po ba?

  18. Mari Ruby S.J. Garcia

    Hi Kuya,

    Balak ko po sana mag open ng account sa FAMI. Ask ko lang po kung same procedure pa din po ba?

  19. fidela nopuente

    Good day asked ko Lang may savings acct. Ako sa metro bank gusto mo sana ilagay some of money sa Mutual Fund ano BA ang procedure

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