How much is their Salary?!

[Ry_Tower]

I don't know if this is correct but AFAIK;

Maj-yor (problem) - P42K
Tongressman - P50K
Sin-ator - P57K
Price-sident - P64K

or ito pa rin - How much do Philippine government officials make in salary? | Finance Manila - Philippine stock market, business, tech, travel, life in the metro

[xninjax]

I think this was already updated:

If I remember correctly, the president now makes around 95K monthly


http://www.gov.ph/2011/04/29/executive-order-no-40-3/

[uls]

but of course they didnt spend millions on election campaigns for the salary

[Ry_Tower]

but of course they didnt spend millions on election campaigns for the salary

op kurs naman!!!

[marg]

Singapore Prime Minister: P125,000,000.00 per year.

To Ensure Excellent Performance.

To prevent Corruption.

[uls]

i don't think higher salary will prevent corruption here

sa president, VP, senator, congressman level -- those people are already rich to begin with

like the Arroyo family is already rich but they just want more money

a higher salary will not have prevented them from stealing public money

nasa tao yan

if you have a leader who is honest and has good intentions, kahit maliit ang sweldo hindi nanakaw yan

[papi smith]

5.5 years, 5.75% gross yield, 4.6% net.

Pass ako, too low for me.

[dr. d]

5.5 years, 5.75% gross yield, 4.6% net.

Pass ako, too low for me.

if it seems as safe as government can make it,
i'd probably go for it.

[sirkosero]

if it seems as safe as government can make it,
i'd probably go for it.

Better pagibig mp2 than this.

Almost 6% average annual returns, tax free. 5 years compounding nga lang.

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[dr. d]

Better pagibig mp2 than this.

Almost 6% average annual returns, tax free. 5 years compounding nga lang.

Sent from my 2107113SG using Tsikot Forums mobile app

hindi ko na-isip yan.
ma-pag-isipan nga...

[papi smith]

Better pagibig mp2 than this.

Almost 6% average annual returns, tax free. 5 years compounding nga lang.

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It is actually the compounding that makes it better, higher net interest rates which will earn interest again. Much better if itodo mo sa 1st hulog, then just top up as you save money during the 5 year period.

Bonds that payout regular interest is more for people who are already looking at regular retirement allowance. Living On Interest (LOI).

[kagalingan]

papi ang pagibig pdic yan 500thou?

Pag kalahati to 1 million magkano tubo

ano pa choices ng bonds

[shadow]

Here we go again coach Kags. Tapos na lockdown at lahat eh nasa planning stage ka pa rin. Lahat gusto ko patusin, bili ng properties, etc.


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[kagalingan]

Nagtransfer ako now timedeposit 2.75% sa eastwest 1year 100,000 to 500thou.

Sa 360days i will earn 10thou.

Next ko kung makaabot maya konti sa pagibig.

[Mask Rider Blac]

Ang liit niyan, Kags.
Principal – P363,636.36
Rate – 2.75% per anum
Interest – P10K
Final tax – P2K
Net interest earned – P8K
Kumita lang ng P8K ang principal in a year’s time (on top of it, effort, time, etc., is not yet quantified pa) tapos, malamang nagpagas ka pa..

[viper888]

To be fair, there are very few properties worth buying at P363K

Putting it in stocks is a risk, Crypto an even larger risk

Setting up a business is a lot of effort and perhaps Kags doesnt have time time

[papi smith]

To be fair, there are very few properties worth buying at P363K

Putting it in stocks is a risk, Crypto an even larger risk

Setting up a business is a lot of effort and perhaps Kags doesnt have time time

With a 1 year time horizon, there's a number of low risk stocks which can easily beat that 2.75% gross yield.

[Mask Rider Blac]

To be fair, there are very few properties worth buying at P363K

Putting it in stocks is a risk, Crypto an even larger risk

Setting up a business is a lot of effort and perhaps Kags doesnt have time time

There are other opportunities besides the common buying of properties, stocks, crypto, and other almost similar to passive income earning assets.
Plus he is kagalingan so dapat litaw ung pagiging kagalingan niya na regardless of how much he has, mapapalago niya..single at ang daming time magliwaliw, at that.

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[papi smith]

Ang liit niyan, Kags.
Principal – P363,636.36
Rate – 2.75% per anum
Interest – P10K
Final tax – P2K
Net interest earned – P8K
Kumita lang ng P8K ang principal in a year’s time (on top of it, effort, time, etc., is not yet quantified pa) tapos, malamang nagpagas ka pa..

Mas malaki pa ang interest sa digital banks at 4-6%, no minimum, no holding period, PDIC guaranteed up to 500k rin [emoji12]

[Mask Rider Blac]

Mas malaki pa ang interest sa digital banks at 4-6%, no minimum, no holding period, PDIC guaranteed up to 500k rin [emoji12]

Try to look into the bank's audited financial statements or published balance sheets. These should be available in their website.

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