Time Deposit

[likyam]

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ayaw nlng na i-deposit oi.. ang bangko ra mabulahan.... ana.

i agree. time deposit ka sa bangko para maka kuha kag interest pero little do we know na ang bangko ray nakapanghimulos sa money nato. mas maayo pa cooperative.pero ang pangutana is if anyone can suggest unsaon pag apil anang coop? no idea man gud maybe anyone can enlighten me and explain and while at it, suggest the best cooperative to venture. send me lang a private message or email me at mariannejimenes@yahoo.com. salamat daan

[lorenzoleo]

Akoa karon kay ako deposit sa amo COOP, den ang ako money is P200K , im getting more than P1k ang interest a month, non taxable pa, not to mention my company is an Internationla company hehe, astig dba?!! ako withdraw tanan nko nga savings sa bank kay walay au ang bank when it comes to interest..

Unsay name sa coop?

[lodyl]

Akoa karon kay ako deposit sa amo COOP, den ang ako money is P200K , im getting more than P1k ang interest a month, non taxable pa, not to mention my company is an Internationla company hehe, astig dba?!! ako withdraw tanan nko nga savings sa bank kay walay au ang bank when it comes to interest..

Unsa nga Coop bro?

[lintanks]

Please remember the equation. Higher returns equals higher risk.

[sherwin123]

thanks sa info...

[lintanks]

Also please remember that one must always compare the inflation rate vis a vis the net interest rate earned. net interest earned means interest earned per annum minus withholding tax.

[dleniako]

if you will not use the money for 5 yrs or more, you can invest it sa stock market or mutual fund..the difference lang kay stox and MF are not covered by PDIC, but has higher interest rates. pro if bank ka, mag time deposit, gamay ug interest...FYI, i-invest lang na sa bank ang imu money..im sure..

[lintanks]

Stock Market. If one is an investor in the stock market, pang long term yan. On the other hand, if you are a stock speculator or trader, short term yan. The basic principle is buy low and sell high.

Stocks do not earn interest. You make money either by way of stock dividend, cash dividend or selling the shares at a profit.

UITF can make or unmake you.

TBills are for long term.

One can also invest in ROPs. Please take note that these are not insured by PDIC but by the
Republic of the Philippines. Between PDIC and RP guarantees, I take RP guarantee hands down.

I hope the above can give a birds eye view of the various various financial instruments available in the market. Access to these are generally made available via minimum investments.

[Metz]

time deposit is not a good vehicle for long term investment kay most of the time the 3% to 4% interest rate cannot even beat the average inflation rate of 5%. Naa pajud withholding tax.

banks should be for emergency funds or business funds only.

if you want growth you can try stocks or mutual funds.
stocks have greater returns than mutual funds, but it also comes with greater risks.
if newbie paka sa investing, my suggestion is mutual funds and let the expert fund managers handle investing for you.

Just PM me if interested mo pa orient about mutual funds and other investment vehicles.

[neo4596]

I think time deposit is good for those people who are "segurista" in their money. But I don't take it against them coz it's their hard earned money, and they have the right to protect it. However, the strange thing is that you can't protect your money from inflation if you park it in the bank via time deposit. You may not feel the inflation right away but later on you'll just be shocked to know that your money has depreciated its value over time-- this is the effect of putting your money in a time deposit account.