time deposit

[COMCAM]

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If you know of a business, then pag business - dont waste your money on short term time deposits nor on risky or long term investments. If I have a php 1,000 and can earn 50% more in just a week then I will venture on it. but if not, place it on time deposit.

If you already have a steady income and would want to save some - time deposit.

If you are invited to finance seminars, its a good haven to learn - learn them one by one but dont be in a hurry to invest.

Learn NAVPU's and NAVPS, its interesting. Different letters but comparably the same.
(NAVPU - Net Asset Value Per Unit/ NAVPS - Net Asset Value Per Share)

OMG, totally OT! From time deposits, we are now on other financial vehicles. LOL!

[COMCAM]

boss COMCAM, pwede apilan ko nimo ug hatag sa info about time deposit.

salamat

Sure bro -

[PR0CESS0R]

got your PM sir, thanks

[nofriends]

has anyone tried savings and at the same time it's an insurance as well?

[lorenzoleo]

has anyone tried savings and at the same time it's an insurance as well?

Yes bro, I have that kind of product and I'm into that savings type. If you want to know you can PM me or contact me 09212958858.

[lorenzoleo]

take note, Mutual Funds is for LONG term savings - if di ka lawom ug bulsa - time deposit lang sa. Daghan pa kaayo me ma offer sa bank for personal savings. And the 10% per annum is dependent on the market. Meaning it has the potential to earn but what about the potential to loose - loses is just on paper not unless you redeem it.

But if you have deep pockets, go for mutual funds. As for my mutual fund? Wa pa ko ka bawi, im on my 4th year and if I redeem it, I will loose 30% of my investment - so financial markets should be stable so that I will gain - hmmm lets say 2011? hopefully maka gain nako.

I've been selling personnal life insurance, group insurance, medical insurance, pension plans, mutual funds, ROP bonds, Special deposit accounts, retirement fund and bank products. Wala lang ko nag RFP - Registered Financial Planner - Mahal man gud - walay mu sponsor hehehe.

I concentrate now on banking.

Sakto jud ka bro, Mutual Fund is good for long term. Since you can't predict the market. I'm also advising my clients to do the cost averaging technique to minimize the risk of not gaining.

Those interested to know about Mutual Funds, I invite you to attend our regular Financial Coaching program at IMG office, it is free but PM me or text me ahead of time so that I could reserved a seat for those who want to attend. Txt this number 09212958858, they can help you.

[Dynamics_2010]

Just one thing, before anyone should into any form of investment whether the simplest form of savings, time deposits to highly sophisticated investment portfolios remember this:

1. pay existing debts especially those with high interest rates i.e. credit cards, mga lending etc. kay basin ug mas dako pa imong gibayaran nga loan interest vs the money that you earn from your investments net of 20% tax on interest earned, or brokers fee, and not to mention inflation.

2. Make sure you have enough savings to cover for emergencies and for liquidity sakes.

3. Get yourself covered with a life and medical insurance especially if your are married or with children.

These are the top 3 things you need to address before venturing into the world of wealth management issues. You have to understand what you are getting into. Kay basig ang madato and broker ra!

Cheers!

[headblockx888]

delikado mag time deposit sa mga small banks. na biktima ko apil ani. until now wla pa ghapon naka bayad ang PDIC.. small banks have bigger interest compared sa bigger banks like citibank. sa una 20 percent to sa PCRB w/c was under Legacy. pero daghan pud na lugi ato. maayo pa gamiton lng nimo ang money rather than time deposit nimo alkansi ra ghapon ka kay mo gamay raman ang value sa money due to inflation unya ang imo interest the same ra.

[jblim1980]

hope mka attend ko ani..nice 1

[mark_eugene]

try banco filipino if naa pa sila double your money in 5 years

bpi around 10% / annum or less