BEST BANK

[BernTags]

---

wow, nindot gyud nimo. Naa ka six accounts. Cool. I have two accounts at Bank of Commerce - Cebu Main Branch. One account is ATM Account for my emergency funds and the other account is Time Deposit Account for my short term savings/investment. Tenor of CTD is 30 days.

bro mas maayo if you put your TD to a long term than a short term the yields is much more higher...but sa ako experience mas dako ug earnings through interest if you invest in RB's and TB's but risky if its over 500k imu TD..

[lifestory]

sa BPI 1000php ang ATM,

sa Metrobank 5000php ang OPEN and 1000php maintaining, ATM and Passbook

not sure ko ani bro ha.

sa BPI 500php ang atm, sa Metrobank 2000php ang atm, 10000 ang passbook, sa BDO 5000php ang passbook with atm nana cya. Sure ko ani bro

[wizard_jamex]

bro mas maayo if you put your TD to a long term than a short term the yields is much more higher...but sa ako experience mas dako ug earnings through interest if you invest in RB's and TB's but risky if its over 500k imu TD..

I don't think TD is for long term. I would rather in invest in mutual funds or stock market for long term investment. Ni invest ka sa RTB ug sa TB?

[rev]

mas maayo mag multiple accounts ka...because each banks has its own advantages and disadvantages...me i maintain 6 accounts for high earning interest for savings i go to Rural banks and thift banks...City Savings Bank, Rural bank of cebu south..for day to day expense and payroll its my landbank and unionbank atms...for projects in the house (furnitures, appliances, car maintenance, vacation) my UCPB account..for extras like my own expense is my BDO... mas maayo kay makapili and maka enhance sa imu financial skill

Dako ba silag interest pero month? Time-deposit na imong account?

[BernTags]

@rev: yes rural banks got bigger interest rates when it comes to time and special deposits but discourage you if its beyond the PDIC limit of 500K...

[BernTags]

@wizard_jamex: please ko bro suggest brokerage office that handle mutual funds and stock market investment dire cebu...atay kaayo ni ato PSE oi..dili jud pwede pang masa unlike sa states and other countries na ordinary people can play the game of stocks..dire ato para ra jud sa mga dato...

[neo4596]

@wizard_jamex: please ko bro suggest brokerage office that handle mutual funds and stock market investment dire cebu...atay kaayo ni ato PSE oi..dili jud pwede pang masa unlike sa states and other countries na ordinary people can play the game of stocks..dire ato para ra jud sa mga dato...

Bro, pwd naman ka maka-invest sa PSE with a minimum capital of 5k. Naka-invest ko sa stocks with starting capital na 5k. Adto lang ta sa ONLINE STOCKBROKERS na thread kay ma O.T. ta dri.. hehehe

[Metz]

kung mag TD mo for long term investment/growth better go for mutual funds.
kay even if tagaan mo ug 4% per annum with tons of restrictions, kan-on gihapon sa inflation rate nga naa sa 5%. so imbis nagpatubo sa kwarta, wa gihapon ginansya.

just use banks for daily expenses/emergency funds/business funds.

any thing for long term better invest it in mutual funds. kay kung sa bank ra ibutang, ang bank mismo mo invest sa mutual funds, nya ilaha na ang interest from your money. maypag kitay mo kwarta directly diba?

and flexible pa kaayo ang MF.

[wizard_jamex]

@wizard_jamex: please ko bro suggest brokerage office that handle mutual funds and stock market investment dire cebu...atay kaayo ni ato PSE oi..dili jud pwede pang masa unlike sa states and other countries na ordinary people can play the game of stocks..dire ato para ra jud sa mga dato...

broker sa mutual funds...puwede kaayo sa IMG Office bro, about sa stocks, I suggest sa CITISECONLINE. Online stock broker na... So far, wala man ko kadungog nga bati about sa CITISECONLINE.

Sa among Office sa IMG, we have 4 companies nga nakig partner namo like
1. First Metro Asset Management, Inc.
2. Philequity
3. PhilAm Asset Management Inc
4. United Funds

Naa sad lain office nag handle ug stock brokerage...ATR - KING ENG. Ila office located sa Cebu Holding Building atbang sa Marriott Hotel. Nakalimot ko kung unsa nga floor.

Kung ganahan ka about sa MF...then PM me nalang...

[rev]

@rev: yes rural banks got bigger interest rates when it comes to time and special deposits but discourage you if its beyond the PDIC limit of 500K...

Thanks sa imong reply. Plano nako mukuha ug RCBC Time-Deposit. What are the things that I should look out before making an account with them? I heard when you have an account with them you can get a credit card even if your not regularized.