Wat does interests per anum means sa bank??pls explain it briefly!!!

[Hot Ice]

---

yes, basin unproductive iya pasabot.

If dako dako ang kwarta, sulod sa savings ang uban, then ang uban is isulod sa mutual fund. if naa pa gyud sobra, invest og insurance. savings = short term; mutual fund = medium term; insurance = long term.

[lorenzoleo]

dont think its risky bro because its very safe specially sa PDIC insurance...i guess you mean unproductive guro

Ako gi mean na risky kay kan.on ra na sa inflation kung naa ra sa time deposit ipatubo ang kwarta. Mura rag gipatulog ang kwarta ug muubos ang value. Kusog kaayo muubos ang value because of inflation.

Nindot ang banko for emergency funds ug business transactions but for growing money, it is not that good.

For me mutual funds is the safest vehicle to put your long term savings since it is a highly regulated fund and it is professionally manage by a fund manager. I can give you one of the best Mutual Funds in the Philippines, PhilEquity. One of their fund manager is Wilson Sy. I think he is a genius guy in terms of stock investing and trading.

www.philequity.net. Only IMG is the one distributing this security in Cebu. PM me for details.
Only IMG is willing to seat down with you and educate you about this stuff for free.

[jfox]

Ako gi mean na risky kay kan.on ra na sa inflation kung naa ra sa time deposit ipatubo ang kwarta. Mura rag gipatulog ang kwarta ug muubos ang value. Kusog kaayo muubos ang value because of inflation.

Nindot ang banko for emergency funds ug business transactions but for growing money, it is not that good.

For me mutual funds is the safest vehicle to put your long term savings since it is a highly regulated fund and it is professionally manage by a fund manager. I can give you one of the best Mutual Funds in the Philippines, PhilEquity. One of their fund manager is Wilson Sy. I think he is a genius guy in terms of stock investing and trading.

www.philequity.net. Only IMG is the one distributing this security in Cebu. PM me for details.
Only IMG is willing to seat down with you and educate you about this stuff for free.

yep, sakto ka bro pero ang mga kwarta sa tao gamay paman gud....nya dili pud ka ka-ingon nga mahurot sa

inflation kay cge man sila withdraw....mao btaw nga bangko lang nila gi-deposit kay pa gwardyahan ra ang

kwarta nila....and another pud depende jud pud na sa tao kung mo take ug risk sa investing kay dili paman

kaayo financially educated ang mga peeps gud....just my point of view....


OT: ingon ang Bangko Sentral nga e-apil ang saving nga subject sa college...

[lorenzoleo]

yep, sakto ka bro pero ang mga kwarta sa tao gamay paman gud....nya dili pud ka ka-ingon nga mahurot sa

inflation kay cge man sila withdraw....mao btaw nga bangko lang nila gi-deposit kay pa gwardyahan ra ang

kwarta nila....and another pud depende jud pud na sa tao kung mo take ug risk sa investing kay dili paman

kaayo financially educated ang mga peeps gud....just my point of view....


OT: ingon ang Bangko Sentral nga e-apil ang saving nga subject sa college...

Yep, mao jud nang mission sa IMG, na katong walay chance maka hibaw ani na information kay amo duolon. Do you know why mission kaayo siya? Kay mostly average people and below doesn't care about this things and when you approach to them and discuss basic information mostly dili gusto maminaw ug wala nila gina priority. Based on my expriences negatibon paka kay hadlok sila tungod sa ni close na mga banko. Hehehe! Maluoy lang ka kay permi ma miss inform sa TV pero sa actual baya na market updates walay crises ang Pilipinas. Ingana ang mission sa IMG we serve the masses that were overlook by the Financial Industries. Nag paka ubos mi sa ila level para ma educate lang sila.

Ang naka hibaw lang jud aning mga butanga kay ang mga dato na daan. Mao ng ang datu mu samot ka datu kay naa man silay information na wala na hibaw.an sa ordinaryong tao.

We let them educate how money works and where the bank also invest it's money para mu direct na lang. In IMG we bypass the middle man. Sila mismo dapat ma educate namu para sila na mismo mu direct ug invest with our guiding principles. Ilaha gud ng kwarta, dapat sila mismo mu take charge ana. Theory + application.

When a person is educated about money markets, dili nana sila ma scam kay kahibaw na sila pila jud ang rate of return based on the current market.

[lorenzoleo]

Sad to say most of us doesn't plan for our future:
Dapat gani in early age planohan nani:

1.) Retirement and healthcare plan ( outspacing inflation)
2.) Children's education
3.) Prepare for loss of job or disaster
4.) Create emergency funds

Plan before the Famine arrives. Most of us 11th hour na permi mu lihok kung naa na ang problema mao na maka utang jud kay wala juy laing paagi.
Dapat gani at least 1/5 lang ang I set aside during our abundant years but sad to say during our abundant years we already spend all and spend more than our means.

But most of us Don't plan to fail, but most of us just fail to plan in the beginning.

[yram16]

ooookkkkk..

[salaryloans]

Wat does this mean? When the bank explains to their clients that once they will open an ATM from their corresponding bank, specifically an ATM that will earn an interests, will be earning only PER ANUM. Wat does this mean? DO they mean that the interests of our money in our ATM will just be seen PER YEAR? I thought we could earn an interest per month? like on the passbook? Which at least earned 11 pesos per month right? This time, they call it as PER ANUM... i am just quite confused about it... Hmmmm.... To all bank employees out there or to all atm cardholders out there,.. Please share your best answer... Thanks

per annum means per year equivalent to 12 months. if the interest is 3 percent per annum, means the monthly interest is 3% divide 12 = 0.25% per month.