What's the best bank w/ the highest time deposit rate today?

[aaron101]

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thanks sa mga suggestions and advice dako kaau ni tabang. i want to gain knowledge about this type of investment pra samtang bata pa ko kay mka start daun ko.

[KombinaR]

actually investing in mutual funds is my 1st choice pero wla mn gud ko idea about ani. nya hadlok pud ko mailad kay hard earned money bya ni nko nya bata pa kaau ko bsin nya mo take advantage ra mga taw nko. gnhan sad unta ko mo apil2 anang mga discussion pra mka gain ko ug knowledge.

Kaning mga ingon ani naa ni issurance like sa mga bank? na 250 k man cguro na or 500k ba

[Metz]

actually investing in mutual funds is my 1st choice pero wla mn gud ko idea about ani. nya hadlok pud ko mailad kay hard earned money bya ni nko nya bata pa kaau ko bsin nya mo take advantage ra mga taw nko. gnhan sad unta ko mo apil2 anang mga discussion pra mka gain ko ug knowledge.

understandable jud na bai.
medyo naa jud ka doubts kay diri sa Pinas, when people think about investments, the first thing that comes to mind is always the time deposit kay maoy traditional ug sikat or coop. Sa developed countries naglata na ang mutual funds didto kay aware na kaayo ang mga tao.

Ang aim sa among talks is to familiarize everyone not just about mutual funds but everything about financial planning. You will be investing your whole life and we can guide you along the way.

Daghan sad early 20s pa ga invest ug mutual funds and dako returns and minimal risk.

Attend lang ugma bai, naa mi talk sa JY square 2pm(about financial planning) or karon Monday 6:30pm(mutual funds/stocks investing). Just text me at 09088911621 aron maaccomodate tika sa talk.

[Metz]

Kaning mga ingon ani naa ni issurance like sa mga bank? na 250 k man cguro na or 500k ba

Investments are not PDIC insured bai.
Even UITF(bank product) dili covered.
However returns are bigger and realistic sad.
8% to 12% ang conservative gains, but ang 10 year average is actually around 15% to 20%.

While time deposits guarantee you 4%, which is not even enough to exceed inflation. So alkansi gihapon ta, ang bank ray nadato sa time deposit.

[aaron101]

gnhan ko mka join ana inyo talk. but d ko pwede ugma kay naa ko work ug monday pud.
wednesday, thursday, ug friday pa tawn ko pwede.

[Metz]

gnhan ko mka join ana inyo talk. but d ko pwede ugma kay naa ko work ug monday pud.
wednesday, thursday, ug friday pa tawn ko pwede.

no problem bai naa mi lain schedules. Ill PM you nalang.

[user199]

Last time I asked for their rates

Basin close na ni. There are a lot of bank closures lately. LBC bank is closed.

[user199]

lbc bank bro pero 1 lang ila branch dri sa cebu sa gorordo ra... ila interest sa 10k up is 5.5% gross.

LBC is closed. mga depositors kalolouy.

[user199]

Last 5 year average performance is 20% per year.

with the bull run for the 2 past years, you should have a return of more than 300% or 150% annualized minimum.

Problem with UITF or managed funds, they do not tell you what they invested in. Good if the market is UP. If the market is down, you lose money. BUT, (they don't tell you this) you can also make money in a down market.

Even if the investor loses money, the UITF managers always makes sure they get paid first (commissions).They do not guarantee you will always earn money.

To the potential investor, do some research and invest on your own. The fund managers do not have a higher chance of making money.

just my 2 cents. There is a mining boom in the Philippine stock exchange now. Mining share have gone up like crazy.

[Metz]

with the bull run for the 2 past years, you should have a return of more than 300% or 150% annualized minimum.

Problem with UITF or managed funds, they do not tell you what they invested in. Good if the market is UP. If the market is down, you lose money. BUT, (they don't tell you this) you can also make money in a down market.

Even if the investor loses money, the UITF managers always makes sure they get paid first (commissions).They do not guarantee you will always earn money.

To the potential investor, do some research and invest on your own. The fund managers do not have a higher chance of making money.

just my 2 cents. There is a mining boom in the Philippine stock exchange now. Mining share have gone up like crazy.

you lose money when the market is down if you decide to redeem shares. Just keep the investment and wait for the market to recover. But we all know that the performance is good as long as we do it in the long run. And the client is told about the pros and cons of their investment.

from the looks of it, you are very familiar with stock investing. However mutual funds is recommended for those who don't have the knowledge to start, or doesn't have time to study stocks investing. The returns are less but it's better than keeping it in a bank time deposit.

The fund managers do not have a higher chance of making money.

PAMI, FAMI, and PEMI have very good long term records. I'm sure it's not just about luck. There are fund managers that suck, and we don't partner with those companies.

Mutual funds is a very good starting point for newbie investors. And they can practice stocks while most of their investment grows in MF. Once confident na sila sa ila stock investing skills then they can focus more in stocks.

And yes, we can also mentor them from investing in mutual funds to investing in stocks.