Investment Advice

[dr. d]

maganda sa eastwest rural bank ngayon. 1million every 30days tubo ng 4.6 net na. may passbook ka pa. No online hacking for sure na talamak sa digital banks

is that 4.6 per month, or 4.6 for one year?

[KKagalingan]

^
1month tapos tatatawgan ka kung roll-over or intererst out principal stays.

[ice15]

IMO... 4.6%/month is 55.2%/year.

too high to be true. or the bank is trying to raise funds for reasons they won't disclose...

too risky for me.

[KKagalingan]

IMO... 4.6%/month is 55.2%/year.

too high to be true. or the bank is trying to raise funds for reasons they won't disclose...

too risky for me.

mali pagka explain ko

sa 1million meron ka 3,833 kada buwan so one year 46thou

[ice15]

mali pagka explain ko

sa 1million meron ka 3,833 kada buwan so one year 46thou

then its reasonable (grabe... I decided to ask Google Bard kesa mag-caculate manually... masama na ito)

[dr. d]

mali pagka explain ko

sa 1million meron ka 3,833 kada buwan so one year 46thou

is that gross,
or is that gross - 20% tax = net ?

if it's gross, then it's just about the industry ballpark figure for bank special accounts. every other bank can probably match it.
if it's net, then, in my opinion, it's very good and you should go for it.

some of these banks do not openly advertise. one has to ask for it.

[ice15]

^yup... I'm getting almost the same amount from my bank

5M min deposit for 3 months.

[KKagalingan]

doc,

net na 4.6 kasi 5.75 gross nyan.

Sa BPI meron every 35days 5million nakahabol sa 4.9 net naka lock-in ng 6months. Sa bpi kasi nagbabago yan every tuesday.

Kaya yung mga naglalabasan na corporate bonds na 18months eh napakatagal tapos halos same lang din or lamang lang ng kotit wala pa nga 1%.

[dr. d]

doc,

net na 4.6 kasi 5.75 gross nyan.

Sa BPI meron every 35days 5million nakahabol sa 4.9 net naka lock-in ng 6months. Sa bpi kasi nagbabago yan every tuesday.

Kaya yung mga naglalabasan na corporate bonds na 18months eh napakatagal tapos halos same lang din or lamang lang ng kotit wala pa nga 1%.

5.75 !
take it, man!

[KKagalingan]

^yup... I'm getting almost the same amount from my bank

5M min deposit for 3 months.

5.75 !
take it, man!

kahit t-bills maganda ngayon sa metrobank 4.5%net sa 86days ko 10,900pesos
minimum 500thou

[dr. d]

kahit t-bills maganda ngayon sa metrobank 4.5%net sa 86days ko 10,900pesos
minimum 500thou

my experience in the past,
one bank would call and ask me if i was interested,
then a few days later, my other banks would call and ask the same...

these bank offerings probably stem from one same source.
the banks are given allocations from that one same source,
hence the pagkaka-lapit nang figuras nila.
they can't veer away too much from each other's figures, lest they price themselves out of profitability, or from the market.

[KKagalingan]

doc, kaya sinuggest ko metrobank kasi ang minimum nila mas affordable sa middles class 500thou. Tapos ang maganda pa sa metrobank eh once ka lang punta bangko for fill-ups (investement) tapos every new transaction eh online na. OTP and CLick sa MOSE

Si bdo kasi mataaas na minimum sa new account kaya pangit na isuggest tapos pirma pirma pa kada maturity

pero maganda sa landbank mababa lang minimum tapops tatawagan once mature to rollover

[Walter]

these bank offerings probably stem from one same source.
the banks are given allocations from that one same source,
hence the pagkaka-lapit nang figuras nila.
they can't veer away too much from each other's figures, lest they price themselves out of profitability, or from the market.

Treasury Bills ... Central Bank ...

[KKagalingan]

tataas na naman interest rate.

abang-abang ulit ako.

[uls]

yep

Breaking news: The Bangko Sentral ng Pilipinas (BSP) took off-cycle action today, hiking benchmark interest rates by 25 basis points (bps) to 6.5% to re-anchor inflation expectations.

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[uls]

[Athrunzala]

Papaano ka kikita sa VUL kung parating binabawasan ng monthly insurance payments ang principal mo and your very small stock market gain, (if it is not a loss). Ganyan ang nangyari bakit nawala ang 700k nya.


Mga ahente lang kumikita sa VUL.

[hinlog]

Hinde naman libre un insurance component ng VUL. Kung ayaw mag opt out, may option to do the fund switch if the risk is too much to handle. Personally, if I am the agent at wala naman kailangan to meet product allocation, I will not sell VUL, napakaliit lang ng commission sa VUL kumpara sa traditional life insurance.

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[dr. d]

pag sinabing mayroong risk,
mayroong risk talaga!

if you want relatively risk-free, you have to settle for less interest earnings.
ganun lang.

if the future can be predicted, then it won't be risk-free 'no more.

[dreamur]

I have VULs with BDO and BPI. Parehong lugi so hindi ko na lang ginalaw so paper loss pa lang. Kids will eventually reap the benefits. Hehe

Got another form of life insurance though - Prulife PruM and FWD All Set Higher. With quarterly dividends of 4% to 6%. A lot better than VUL.

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