Needs Financial Advise:

[gerrynelmida]

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Halu mga business minded istoryans,

I would like to ask your suggestment. Here's my story...

Right now, I am building my own place, a two story wood structure. My original plan was to build a 3-story "tower of solitude" structure but due to limited funds, I decided to build the one I am currently building. Also, the ground floor is my internet cafe and i will reside in the 2nd and 3rd floor. Also, based sa akoang panday, na ang wood daw kay mo last lang sya ug 15-20 years before magabok? So, What I'm planning is I've given myself 10 years to save 150K-200K to build my "dream sanctuary", whichever comes first...

Now here's my question, where would be the best way to save my money? In a bank with the highest interest rate? or in a COOP? I'm open for suggestions...

Matsalams in advance...

mutual funds or time dep

[lorenzoleo]

Receive nako bro, by the way are you investing in MF also? just want to see actual results, and kinsa makashare ug actual experience diri, I know mga below 40 pa tingale ang mga tawo diri, ug wala pa tingale kaabot ug 10 years ang experience aning MF, though I may be wrong.. ^_^

Kinsay naa 10 years experience diha? and ganahan ta ko makakita sa ilang results?

You can see the actual performance bro by just viewing the past NAVPS.
ang Compounded Annual Growth Rate sa PhilEquity since 1995 until now is around 18% per annum. So Conservative returns mga around 8%-12% para dili kaayo i-over sell ang product. CHeck this out Philequity Management, Inc.

10 year performance around 17.83% per annum check the table.
it doubles your investment every 4 years based on historical performance. MF is very good for long term, it is not good for short term investing.