wats a good investment? ...

[evangareth]

---

FRITZAL22.. im not connected in that company.. im an investor, but im also acting as an "agent".. helping my fren hu works there as a manager.

[trickyboy]

I think that was compounded 20% per annum, so I guess the calculation was right.

[rowell83]

PAMI encourages people to invest in mutual fund
By Ehda M. Dagooc
The Freeman 02/07/2006

An ordinary person can now participate in the high-yielding capital market, as the PhilAm Asset Management Inc. (PAMI) is promoting savings and investment for the majority.

"Investment is not only for the rich. This should be the mindset of every Filipino," said PAMI president and chief executive officer (CEO) Alberto Emilio V. Ramos.

For as low as P5,000 capital one can already participate in a high-yielding investment instrument through mutual fund.

PAMI offers a low P5,000 mutual fund one-time placement, which is expected to grow to P6,099.52 in a 12 percent annual net yield. On a 15 percent yield, the P5,000 base investment will grow to P19,671.52 on the 8th year basing on a 15 percent interest rate.

"We are promoting wealth building attitude especially for the young professionals. We are seriously pushing savings program so that people especially in the Philippines will be disciplined in their money management and have enough back-up for the future," Ramos said.

Unlike in other countries, mutual fund, as a savings vehicle is one of the most popular vehicle for building wealth or savings. But it is different in the Philippines. Mutual fund is not yet widely accepted here, especially in the mainstream market because of the impression that only those who have extra money can throw investments to mutual funds.

Mutual fund investment is one of the popular investment instruments in developed countries like United States and Europe. In the Philippines, although this instrument had been there for a long time now, the mainstream market still has to appreciate this high yielding investment channel, he added.

Ramos emphasized that instead of putting money in the bank, which usually offers an average of three percent interest rate excluding tax deductions, people should put their money into mutual fund which is giving higher rate-tax free.

Aside from the young professionals, Ramos said there is also good market mutual fund investment in the Overseas Foreign Workers (OFWs).

Economists observed that bulk of the money remitted by OFWs is now being saved. Last year, about US$10.3 billion was added to the Philippine economy through remittances.

Earlier Economic Planning secretary Augusto Santos said that the OFW families appear to be saving money as reflected in the rise of in the growth rates of financial services in the third quarter at 15.6 percent compared to nine percent compared to the same period last year. This is seen to boost growth in consumption and investment this year.

Last year, PAMI Bond Fund gave a return of investment to its investors a 12.28 percent interest (tax-free) for investments, much higher than about three percent interest rates (without tax) offered by savings deposits in the banks.

PAMI is wholly owned by Philamlife, the largest insurance company in the country and is a member company of the American International Group (AIG). AIG is a world leader in the field of diversified finance.

[FRITZAL22]

I think that was compounded 20% per annum, so I guess the calculation was right.

ok so that is what he meant, but there is no compounding interest here cause the interest receive is withdrawn every month.

[toei]

PAMI encourages people to invest in mutual fund
By Ehda M. Dagooc
The Freeman 02/07/2006

An ordinary person can now participate in the high-yielding capital market, as the PhilAm Asset Management Inc. (PAMI) is promoting savings and investment for the majority.

"Investment is not only for the rich. This should be the mindset of every Filipino," said PAMI president and chief executive officer (CEO) Alberto Emilio V. Ramos.

For as low as P5,000 capital one can already participate in a high-yielding investment instrument through mutual fund.

PAMI offers a low P5,000 mutual fund one-time placement, which is expected to grow to P6,099.52 in a 12 percent annual net yield. On a 15 percent yield, the P5,000 base investment will grow to P19,671.52 on the 8th year basing on a 15 percent interest rate.

"We are promoting wealth building attitude especially for the young professionals. We are seriously pushing savings program so that people especially in the Philippines will be disciplined in their money management and have enough back-up for the future," Ramos said.

Unlike in other countries, mutual fund, as a savings vehicle is one of the most popular vehicle for building wealth or savings. But it is different in the Philippines. Mutual fund is not yet widely accepted here, especially in the mainstream market because of the impression that only those who have extra money can throw investments to mutual funds.

Mutual fund investment is one of the popular investment instruments in developed countries like United States and Europe. In the Philippines, although this instrument had been there for a long time now, the mainstream market still has to appreciate this high yielding investment channel, he added.

Ramos emphasized that instead of putting money in the bank, which usually offers an average of three percent interest rate excluding tax deductions, people should put their money into mutual fund which is giving higher rate-tax free.

Aside from the young professionals, Ramos said there is also good market mutual fund investment in the Overseas Foreign Workers (OFWs).

Economists observed that bulk of the money remitted by OFWs is now being saved. Last year, about US$10.3 billion was added to the Philippine economy through remittances.

Earlier Economic Planning secretary Augusto Santos said that the OFW families appear to be saving money as reflected in the rise of in the growth rates of financial services in the third quarter at 15.6 percent compared to nine percent compared to the same period last year. This is seen to boost growth in consumption and investment this year.

Last year, PAMI Bond Fund gave a return of investment to its investors a 12.28 percent interest (tax-free) for investments, much higher than about three percent interest rates (without tax) offered by savings deposits in the banks.

PAMI is wholly owned by Philamlife, the largest insurance company in the country and is a member company of the American International Group (AIG). AIG is a world leader in the field of diversified finance.

asa man ta ka ask further questions & explanations ani?

[evangareth]

yes, I borrowed 5ooT from the bank ( Equitable PCIBANK) JUST FOR THE INVESTMENT. why? you think imy investment cant pay out for my loan?
Think it over, bank gave me an interest of 12% annually for my loan and with the 20%interest I receive I still have 8% on my pocket!! And not to mention a week after I invested the 500thousand,Â* I have my 100thousand pesos back( 5th year paid in advance). And with my 100thousand I made it run my other business!! So nahimutang nga 400T lang ako na-invest, di bah coz nakuha man nako in advance ang 20%!! think it over guys, kwarta ato palihukon!! Kun naa mo money dinha sa banks nga wala naglihok...wow.. kalami padaghanon!
Â* Â*Mine, ako gi withdraw, have time deposit sa other banks, pero natulog lang... pm me if you are interested... I can help you with it...maayo nalang makatabang sad ko ninyo. It is about time gyud ...
FRITZAL22 ru stil getting the interest as promised?

[edblasco]

asa man ta ka ask further questions & explanations ani?

You can ask me, but 50 bucks first..............or nothing!!!!!

[darkcrux]

Hi All,

There is a simple secret to Mutual Funds. Invest in equity LONG TERM.Long term investments in equity will outweigh the high risks. Generally investments should be done long term and should be done when you have a good financial foundation.

If you want to start with mutual funds... secure yourself first then invest. I can share with you what I know. PM me and we could discuss your personal finances and ways to maximize your investments.

[ethzneuron]

20% sa legacy kay dili permi nga naa, depende na sa time deposit man or sa double your money! which is not exactly kay last i heard, 18% ra man to - so dili double. im not sure kung na-close nasad ang "double your money" karon kay naa man to deadline (i think!). nakainvest man pod ko ani 3 years to ako! so in 3 years mo-double ako gi-invest! whew!!!

[smurky]

is it Legacy GRoup of companies? a pastor had a proposal with me with that kind of arrangement...
naa kuno koy 2 options: first is "double your money in 5 years"... 2nd is "DOUBLE your money in 3 years"...

BANK TIME DEPOSIT THAT EARNS 20% ANNUALLY! MUTUAL FUNDS!! PASSIVE INCOME.......COMPOUNDING INTERESTS!! make your money work for you and have enough time for your family!! my money went there!! SAVE 20 percent of your income and live a life within your means


FRITZAL22