time saving account

[hosua]

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unsa na banko pinaka taas ug interest gain in terms sa time deposit?

[medwarc]

bro, naay mas taas ug interest nga ako i recommend nimo. it's mutual fund... mas daku pa ni ug return compare sa time deposit. pero mas ma appreciate ni nimo if for long term ka like 5 yrs or more...

[dodongisputing]

Bro, no offense pero let's try to answer first ang question sa OP. Daghan na bitaw mutual fund na thread diri.

Op, try city savings bank. I think around 7% dili lang ko sure

[Metz]

@TS

Big banks rarely offer 4% if gamay ra imo i-save, it's usually lower.
7% is big for time deposit however naa pajud na withholding tax so mas lower pa than 7%. Usually it's the small/rural banks who offer this. So just check if naa sila PDIC coverage and you should be fine if just in case something happens to the bank.

my suggestion is use banks for monthly expenses and emergencies.
but if you want growth, there are way better options out there.

kay ang imo ibutang sa time deposit ang bank mismo mo invest sa higher rates. so why not invest directly in those vehicles. Imo pa tanan gain.

[Theko]

bro, naay mas taas ug interest nga ako i recommend nimo. it's mutual fund... mas daku pa ni ug return compare sa time deposit. pero mas ma appreciate ni nimo if for long term ka like 5 yrs or more...

sm invests so much money in time deposits. for a defensive investor, time deposits are good.

[quantuminplus]

wow SM invests sa time deposit diay.... nice ni....pero how about Warren Buffet, Bill Gates and other billionaires...they invest in mutual funds.... ^_^.... big corporations around the world invest on this one aside from stock markets.... even the common people now can invest with mutual funds di ra ang mga rich... ^_^ this is in yahoo news....about how billionaires invest their money... money works for you....

[Theko]

wow SM invests sa time deposit diay.... nice ni....pero how about Warren Buffet, Bill Gates and other billionaires...they invest in mutual funds.... ^_^.... big corporations around the world invest on this one aside from stock markets.... even the common people now can invest with mutual funds di ra ang mga rich... ^_^ this is in yahoo news....about how billionaires invest their money... money works for you....

uhm, sir i've never heard of warren buffett investing in MF's. can you link me the article where you read about that? thanks.

[quantuminplus]

bro, wa nako na save ang link ana....sa Yahoo News man to last month.... sila gyud to mga billionaires... i'm not making stories here.. ang ako na hinumduman si Warren buffet ni invest kato sa mutual funds sa texas, oil and others, kato mexican nga billionaire other from owning a telecommunications company, ni invest pod cya sa MF.. cla Bill gates ug uban pa....sorry wa jud nako ma hatag ang link... ako lang ni gi recall...thnx bro

[Theko]

TS im sorry for the OT. to apologize, here are the rates for different banks.

:Time Deposit Philippines: List of Time Deposit Rates of Philippine Banks

im sorry for my skepticism sir, it's just that i've read over and over again warren buffett's life and his philosophies and i've never come across an article about him investing in MF's. He doesn't approve of diversification. anyways, off topic na kayu ta.

[Metz]

sm invests so much money in time deposits. for a defensive investor, time deposits are good.

nahan ta ko mo reply ani but it will involve MFs. If TS will authorize an OT reply, mo tubag ko ani.