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

[user199]

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you lose money when the market is down if you decide to redeem shares.

I disagree. This is the most convenient way to get away with not paying the investor. I lost money here. while my account executive goes to australia this year, switzerland last year.

Why don't you open the books to show that the MF is really in the red? You only get a number from manila showing a NAV. From whose crystal ball did it appear? And we, investors, are suppose to accept it with no questions.

There is a way to make money in a down market. choose the correct instrument to buy/sell. ask your MF managers not the guy recruiting investors.

There are risk in MF, in stocks, in bonds, in commodities, in FX trading. MF manager's mistakes are charged to the investor as losses.

My thoughts will always be different from yours, as I stand on the other side of the fence.

For the investor to be: all that glitters is not gold. do research. the money you make or lose is your hard earned cash. stay informed, invest wisely.
there is a stock market thread in istorya. It is a good first step to financial independence.

[user199]

The returns are less but it's better than keeping it in a bank time deposit.

sometimes, Cash is king. a bank time deposit is temporary parking. if someone comes to you offering a prime property, your business supplier suddenly offers merchandise on "fire sale", you use cash to buy. the 2% interest is just "siopao" money. I wouldn't trust a financial advisor telling me not to hold a certain part of my portfolio in cash.

Interest rates are really low now. were you born in the 1980s? jobo bills were going for 56% a year. stock market was in the doldrums, property was dirt cheap because interest rates were at an all time high. during down markets, liquidating your shares to get prime properties would be catastrophic if not suicidal.

as a consolation, interest rates are so low now the only way to go is UP. the big question is "when"?

peace bro.

[lorenzoleo]

sometimes, Cash is king. a bank time deposit is temporary parking. if someone comes to you offering a prime property, your business supplier suddenly offers merchandise on "fire sale", you use cash to buy. the 2% interest is just "siopao" money. I wouldn't trust a financial advisor telling me not to hold a certain part of my portfolio in cash.

Interest rates are really low now. were you born in the 1980s? jobo bills were going for 56% a year. stock market was in the doldrums, property was dirt cheap because interest rates were at an all time high. during down markets, liquidating your shares to get prime properties would be catastrophic if not suicidal.

as a consolation, interest rates are so low now the only way to go is UP. the big question is "when"?

peace bro.

Hi user199, I know you are very knowledgeable about stocks, better to share also your good ideas here so that we can also apply what you know. T_T! The more you share, the more you recieve. It is good to hear from a real experience about investing, not just in books, bookish mind is already a tradtional mindset, doesn't work in this century(Guaranteed).

I rather have a mentor of actions rather than a mentor of words.

[quantuminplus]

wazzup mag binisaya lang ko, kay ga nosebleed ko ninyo, by the way... ang fund manager dili man cya ang ga gunit sa money literaly di ba naa may laing gagunit ana.... maski e search pa ni nimo user. and by the looks of it ur not a long term investor. gusto nimo short term as expected from a stock trader....

[user199]

I know you are very knowledgeable about stocks, better to share also your good ideas here so that we can also apply what you know.

I have my share of losses. Heck, some companies/stocks I own are no longer there. so I am just holding paper. charge that to experience. as the saying goes " if you think education is expensive, try ignorance"

I am not a qualified financial adviser. I am an elect engineer (UP) but i never practiced. being top ten in the board is just bragging rights. I am a real estate broker, but i never made any commission as I only deal with my own properties. I do have income properties that is my main source of income. I am a full time property manager (landlord) plus stock investing on the side. Dont be concerned about the EE degree. It has saved me a lot since my former classmates are now country managers or department heads who help me source my electrical requirements at very, very good prices.

my advice (i am not the original "adviser"):
1) do not spend more than what you earn.
2) go into business. your income potential is limitless.
3) learn a second language- preferably, mandarin
4) learn to play a musical instrument
5) Help people who are not in a position to help you.
6) Discipline is key to whatever you endeavor.

I hope I do not bore you.

[user199]

wazzup mag binisaya lang ko, kay ga nosebleed ko ninyo, by the way... ang fund manager dili man cya ang ga gunit sa money literaly di ba naa may laing gagunit ana.... maski e search pa ni nimo user. and by the looks of it ur not a long term investor. gusto nimo short term as expected from a stock trader....

I have atlas at Php50 a share. were you born then? even with my share of loses, I am still ahead. I have PLDT at Php1,800. I do trade short term now.

MF traders are expected to perform. Performance is key to raises. I do not have such pressure. So I take it easy.

MOds: if you believe my replies are off topic, then delete my post

[user199]

@lorenzoleo

you are with IMG, what do you sell? post it here so everyone will know a good opportunity when they see one.

@Metz
please post how we ordinary filipinos can get out of this "rat race" (Rkiyosaki term).

please enlighten us gentlemen. for the benefit of all istoryans, NO P.M.s. why hide a good thing when you see one? share.

[quantuminplus]

natawo na tawn ko anang atlas... dili man tawn na blue chip stocks/shares.... may lang sa sugod.... even if i hae a money at that time maybe mo invest ko. pero i know dili mag dugay..... how about my question sir about sa fund manager na research na nimo? nga dili sila mag gunit sa money? if ur that knowleadgeable enlighten us, kay ato ng tan awon.

wa man tawn ni hide ang mga IMG diri boss....kapila na ni c lorenzo ni post sa mga insurances, life, fire, healthcare, and etc..... unsa man tawn ang itago?..... basaha sa tanan sir ang thread..... peace kay murag wala ka read tanan. ty

calling all investors... what can u say about IMG? share lang diri para ma enlighten nato c user.... peace

[Metz]

@lorenzoleo

you are with IMG, what do you sell? post it here so everyone will know a good opportunity when they see one.

@Metz
please post how we ordinary filipinos can get out of this "rat race" (Rkiyosaki term).

please enlighten us gentlemen. for the benefit of all istoryans, NO P.M.s. why hide a good thing when you see one? share.

All have been shared bai. We don't hide anything. Just back read all our threads here.

As for the rat race, save/invest a portion of your income as much as you can among advice. I know you are familiar with it and these are too basic for you. However, majority of Filipinos understand the concept of saving but they don't prioritize it. And when they do save, they save it in low interest vehicles where there are better options for them.

I also agree that stocks is one of the best liquid investments(if not the best) out there. However, the general public looks at stock as "gambling". Lisod naman gani pasabton sa concept of peso cost averaging, samot na if you ask them to study stocks trading(long term or short term investing).

We can guide them in the basics and where to start. But if they want better returns than mutual funds, then they have to help themselves. Ang nakanindut lang is naa nami na maka guide nila.

[user199]

about sa fund manager na research na nimo? nga dili sila mag gunit sa money?

OT
disclosure: I am not connected with any bank or financial institution.

how does the fund manager know how much to invest if he doesnt know how much money he has to play with? true, dili sila nag gunit sa physical kwarta. pero they control so much funds. to make the fund grow (show a profit), they have to invest in the correct financial vehicles for maximum returns.

maybe someone can tell me where they get the NAV (complete with computations). "cuentas claras" "transparency"

@Metz, what you are doing is commendable. a great help for beginning investors. I did not have that luxury during my time.

as for IMG, this thread is only 2 pages long and I am new to istorya. No mention of IMG in this particular thread.

@quantuminplus: as for AT Atlas not being blue chip, I am not qualified to give that assessment. are you? my post AT @ Php50 means I have these shares for quite some time. I was a long term investor before.