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  1. #11

    Default Re: time saving account


    Quote Originally Posted by Theko View Post
    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.
    hahahha mao sad off topic na... pero sure jud ko bro sa ako gibasa.... mga 3rd week of march to cya na yahoo news.... promise... ^_^

  2. #12

    Default Re: time saving account

    Quote Originally Posted by Theko View Post
    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.
    ang mga dagku ra ni nga bangko sa? gagmaya jud ug interest...hehehe

  3. #13

    Default Re: time saving account

    bai theko.. wa ko kasabot ana 35 days... lets say 35 days = 2%

    so if mag renew ko every 35 days = most probably more than 20% ang return kung e compound?? ana ba ang computation? but i guess sayop ni cya...

    100000 * 2% = 102000
    102000 * 2% = 104040
    .
    .
    .
    etc

  4. #14

    Default Re: time saving account

    Quote Originally Posted by quantuminplus View Post
    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....
    OT: Warren Buffett is way way better than most fund managers..now am wondering why cya mi invest sa mutual fund..if thats true.

    what i know is, hes buying companies not funds.

    @TS..from time to time kay naga change ang interest rate sa bangko usahay mas taas ihatag ang isa compare sa isa so u can inquire kung kinsa ang mas maayo hatag karon. but sure taas og hatag ang rural banks.but mas dako ang risk compared sa big banks.
    Last edited by neshem; 05-02-2011 at 05:42 PM.

  5. #15

    Default Re: time saving account

    Quote Originally Posted by MoD View Post
    bai theko.. wa ko kasabot ana 35 days... lets say 35 days = 2%

    so if mag renew ko every 35 days = most probably more than 20% ang return kung e compound?? ana ba ang computation? but i guess sayop ni cya...

    100000 * 2% = 102000
    102000 * 2% = 104040
    .
    .
    .
    etc
    i think per annum na bai. hehe. so 2%/12. ninduta kaha kung sure 20% a year ang tubo, by age 60 you will have hundreds of millions if you keep adding money.

  6. #16

    Default Re: time saving account

    OT: a bit of warning: be sure to check the bank na imo depositohan, if nag offer sila ug "too good to be true" na rates, then there is something wrong, and remember pila ang maximum amount na insured sa PDIC

  7. #17

    Default Re: time saving account

    Quote Originally Posted by -_- View Post
    OT: a bit of warning: be sure to check the bank na imo depositohan, if nag offer sila ug "too good to be true" na rates, then there is something wrong, and remember pila ang maximum amount na insured sa PDIC
    Banco Filipino offered 6% to 14%

    Im not so sure but other rural banks offer max 8% per annum, wa pay labot withholding tax ana.
    Last edited by Metz; 05-03-2011 at 02:49 PM.

  8. #18

    Default Re: time saving account

    Quote Originally Posted by Metz View Post
    Banco Filipino offered 6% to 14%

    Im not so sure but other rural banks offer max 8% per annum, wa pay labot withholding tax ana.
    diba mao man na sila nag close?

  9. #19

    Default Re: time saving account

    Quote Originally Posted by -_- View Post
    diba mao man na sila nag close?
    yup. Murag Thrift bank man classification nila dili rural bank.

  10. #20

    Default Re: time saving account

    i just posted some banks that offer more than 4% to other thread... i hope you can find it....hehehehehe

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