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

[Metz]

---

Sir metz, unsa nang into seminar karon Saturday. Interested Tako to learn mutual funds. Txt me 09163918813 Kay pangs rake internet

Contacted you bai

@metz
@user199
disclosure muna: I got funds in LBC which closed so I am looking for possible avenues when I get the money from PDIC

From what I read on this very interesting thread, MF also invest in stocks. Point of user199 is being transparent by showing the "positions" of the MF, since he is the doubting type.

Wishful thinking lang: with a daily "position" of the MF managers, we can just mirror their transactions. Buy what they buy; sell what they sell. If they always earn money then it follows I will also earn money since my strategy is the same as theirs (maybe 1 day late). The risk involved is minimized as these traders research what they trade. And since I am trading on my own, I don't pay any commission. correct ba?

Di ba, "Give a man a fish, he will feast on it today. Teach him how to fish, fishermen go out of business?"

If only they will share. hmmmm. My only risk in trading independently: if I lose money in stocks/MF, it's lost; when the bank closes; go to PDIC.


As for the title of the thread: try Bank of Makati in Colon street. check out their rates as this varies with amount.

Nindut unta na bai. However it's a business and they can't just give away their edge.
Not all mutual funds do well.

Better get a mentor bai. If wala ka kaila , we can also guide you in mf and stocks.

[rockford_fosgate09]

sa LBC bank unta to kay 5.5% pero na bankrupt naman... adto nalang sa planters bank kay 4.4% ila 1 yr for a 100k deposit... mobalhin napod ko didto kay kuhaonon pa nako ako money sa PDIC

OT:
dungan ta ugma brad.. kit lang didto

[hotviper]

I'm all the way agree with user199 here with his statement "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."

hope you can be my mentor. i want to learn more from you.

anyway.. i wonder why almost every thread here will turn to a mutual fund discussion.

speaking of mutual funds

Last 5 year average performance is 20% per year. << sounds risky to me
may I ask the first 3 years annualize gain or should we say annualize lose?

for the past 2 years alone the gain is so high that it covered the beginning 3-year lost of this 5 years annualize gain. am i correct? so do you believe the market is still poise to go up thereby giving current investors gain for years to come?
or should we wait another 5 years to gain or maybe get a break even.

I also wonder why investment houses are not required to show investors
the status of the fund everyday, on how they calculate their navpu everyday.

i also invested in mf before,
i was enticed with the annualize rate of return from 2007-2008 (79%)
then BOOM!! market crash in 2009 with -30% lost on my position
my money is stuck for 3 years. navpu so low.
when my fund recovered. i redeemed all of it. with 3% annualize gain.

the question is, what if i needed the money within that 3 long years.
would i just accept the lost? and be -25% or -20%?

if it was with the bank's time deposit, i can get it right away with minimal
interest but my money is intact.

to would be investors.
if you dont know anything, mutual funds like stocks is still gambling.
there is no easy way out. read more and ask questions,
im sure lorenzleo, metz or others here
are helping you be aware of other options like mutual fund
to grow your money but it will always be for you to decide.
think of 5-10 years from now
if you're still single you have lots of money today but when you get
married and have a child, it will be different, if the market is down
by then , are you willing to take that money if you need it?
are you willing to absorb the -20%-30% lost?
that is 2,000 to 3,000 for every 10,000

[Metz]

anyway.. i wonder why almost every thread here will turn to a mutual fund discussion.

Because time deposits are not good investments for mid term and long term.
It will always turn to mutual funds or stocks for better options.

speaking of mutual funds

Last 5 year average performance is 20% per year. << sounds risky to me
may I ask the first 3 years annualize gain or should we say annualize lose?

for the past 2 years alone the gain is so high that it covered the beginning 3-year lost of this 5 years annualize gain. am i correct? so do you believe the market is still poise to go up thereby giving current investors gain for years to come?
or should we wait another 5 years to gain or maybe get a break even.

I also wonder why investment houses are not required to show investors
the status of the fund everyday, on how they calculate their navpu everyday.

i also invested in mf before,
i was enticed with the annualize rate of return from 2007-2008 (79%)
then BOOM!! market crash in 2009 with -30% lost on my position
my money is stuck for 3 years. navpu so low.
when my fund recovered. i redeemed all of it. with 3% annualize gain.

the question is, what if i needed the money within that 3 long years.
would i just accept the lost? and be -25% or -20%?

if it was with the bank's time deposit, i can get it right away with minimal
interest but my money is intact.

When you invested in MFs bai, who was advising you?
Yes bai, the clients of long time investors also lost 30% in their position but the advise given was do not redeem it's just paper loss and keep on investing.
if you did not redeem your investment, you would have enjoyed the recovery.
Those who invested during the crash have very big gains.

to would be investors.
if you dont know anything, mutual funds like stocks is still gambling.
there is no easy way out. read more and ask questions,
im sure lorenzleo, metz or others here
are helping you be aware of other options like mutual fund
to grow your money but it will always be for you to decide.
think of 5-10 years from now
if you're still single you have lots of money today but when you get
married and have a child, it will be different, if the market is down
by then , are you willing to take that money if you need it?
are you willing to absorb the -20%-30% lost?
that is 2,000 to 3,000 for every 10,000

Sakto naman imo investing mindset bai.
The problem lang was the choice vehicle.

If less than 3 years imo goal, then go for time deposits.
Bahala na ug losing ka due to inflation but at least naa kay you need it short term.

if 5 years and up, go for mutual funds and stocks.
And when you invest in the long term that money should not be for emergency use.

Common mistake sad kay everybody wants to invest for the long term.
But when you look at their short term positions, it's very weak.

[Metz]

anyway.. i wonder why almost every thread here will turn to a mutual fund discussion.

Because time deposits are not good investments for mid term and long term.
It will always turn to mutual funds or stocks for better options.

speaking of mutual funds

Last 5 year average performance is 20% per year. << sounds risky to me
may I ask the first 3 years annualize gain or should we say annualize lose?

for the past 2 years alone the gain is so high that it covered the beginning 3-year lost of this 5 years annualize gain. am i correct? so do you believe the market is still poise to go up thereby giving current investors gain for years to come?
or should we wait another 5 years to gain or maybe get a break even.

I also wonder why investment houses are not required to show investors
the status of the fund everyday, on how they calculate their navpu everyday.

i also invested in mf before,
i was enticed with the annualize rate of return from 2007-2008 (79%)
then BOOM!! market crash in 2009 with -30% lost on my position
my money is stuck for 3 years. navpu so low.
when my fund recovered. i redeemed all of it. with 3% annualize gain.

the question is, what if i needed the money within that 3 long years.
would i just accept the lost? and be -25% or -20%?

if it was with the bank's time deposit, i can get it right away with minimal
interest but my money is intact.

When you invested in MFs bai, who was advising you?
Yes bai, the clients of long time brokers also lost 30% in their position but the advise given was do not redeem it's just paper loss and keep on investing.
Those who invested during the crash have very big gains.
But it will still even out at 15% per annum in the long run.

to would be investors.
if you dont know anything, mutual funds like stocks is still gambling.
there is no easy way out. read more and ask questions,
im sure lorenzleo, metz or others here
are helping you be aware of other options like mutual fund
to grow your money but it will always be for you to decide.
think of 5-10 years from now
if you're still single you have lots of money today but when you get
married and have a child, it will be different, if the market is down
by then , are you willing to take that money if you need it?
are you willing to absorb the -20%-30% lost?
that is 2,000 to 3,000 for every 10,000

Sakto naman imo investing mindset bai.
The problem lang was the choice vehicle.

If less than 3 years imo goal, then go for time deposits.
Bahala na ug losing ka due to inflation but at least naa kay you need it short term.

if 5 years and up, go for mutual funds.
And when you invest in the long term that money should not be for emergency use. if you still have "what if I need money but there's a market crash?" question, try to look at your short term positions.

But if maayo naka ug stocks, you can do it short term and long term.

Mutual funds/stocks are not gambling, if you know how it works and the risks involved.
But a lot of us are willing to gamble on the great rural banks like BF and LBC.

Common mistake sad kay everybody wants to invest for the long term.
But when you look at their short term positions, it's very weak.

[user199]

Because time deposits are not good investments for mid term and long term.
It will always turn to mutual funds or stocks for better options.

Misleading and I disagree. Check again. during the 1984 to 1986 years. Cash was king. MF and stocks were dead. when Interest for JOBO bills were doing 50 to 60% per year. You just sit back and relax.

If you don't know what Jobo bills were, do your research.

[user199]

hope you can be my mentor. i want to learn more from you.

I am not a qualified financial advisor. Learning never stops. So I learn everyday. So much resource in the internet for the taking.

Best of all, its free.

After the last few days bloodbath, I am out of stocks and into cash. even with 0% interest, something will turn out that will be a bargain/ fire sale and I will be in a position to grab this.

as they say,"never catch a falling knife". just because the MF nav is low not does not guarantee you that it will be higher tomorrow/next month.

[gerrynelmida]

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.

mao ni top pick bay bank of makati 5% 1 yr of 100k, robinsons bank 4.5%,palawan bank 4.5%, first consolidated bank 4.5%, wealth bank 4%

[medwarc]

mao ni top pick bay bank of makati 5% 1 yr of 100k, robinsons bank 4.5%,palawan bank 4.5%, first consolidated bank 4.5%, wealth bank 4%

+ don't forget the 20% withholding tax...

[dv1000]

chinabank's moneylift ky tax-free