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  1. #51

    Default Re: Do you know any bank that offers double your money in certain period of time?


    Quote Originally Posted by kok3n View Post
    mao ba bro? nindot kung mao ni
    Yup if you have the patience to wait for decadesssss

  2. #52

    Default Re: Do you know any bank that offers double your money in certain period of time?

    Quote Originally Posted by jan_moreno View Post
    no bank will double your money in 5 years....
    presently, NO bank....
    back then, there we're....i just forgot what banks....

  3. #53

    Default Re: Do you know any bank that offers double your money in certain period of time?

    ^^it was Double Bank

  4. #54

    Default Re: Do you know any bank that offers double your money in certain period of time?

    ako na uslon beh, edouble naku na in 4 years.

  5. #55

    Default Re: Do you know any bank that offers double your money in certain period of time?

    Mga early 2000, nakakuha akong father ug double your money in 6 years sa UCPB.
    Right now, I'm not sure if naa pa ning mga ingon ani considering the fact that interest rates are decreasing.
    That means, ang swings kung asa moearn ang banks are getting lower hence lower potential profit for them.
    If you want to double your money in a shorter period of time, go for mutual funds and if you really want to get your hands dirty and do it yourself, try stock market trading.

  6. #56

    Default Re: Do you know any bank that offers double your money in certain period of time?

    If you want to know when your money will double, use the formula..
    The Rule of 72, invented by Albert Einstein the great mathematician.
    Any interest rate divided by 72 is the years will it take to double your money.. Let's say you found a generous bank who will give you 1% interest rate annually, meaning it will take 72 years to double your money minus 20% tax and 6% inflation rate. Meaning your money is loosing its value..
    So instead of putting your hard earned money in the bank. Find a financial tool that will give you at least 8-12% interest rate.. One of those are investing in mutual fund,stock or even a life insurance with investments..
    Bank is good only for emergency fund..
    If you want to learn more about financial concepts and ways on how to manage your finances, we have a weekly schedule seminar regarding the matter. Just pm me now..

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