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Paano palalaguin ang PH₱100,000?

mark_markmark_mark PEx Influencer ⭐⭐⭐
If you had this extra money, how would you invest it? confused
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  • I have 100k which i saved from my work. Im willing to set aside this amount for my sons pre school education which will be 3 years from now. What is the best way to save this amount and yet have it earn at the same time? my options are TD. What is the best bank for this and what about the Mutual Funds? I hope someone could explain it to me. Thanks
  • A time deposit have taxes while mutual funds don't......mutual funds usually have 8-10% interest, its like this: PESO 8-10% DOLLAR 4-6% EURO 2-3 %.....If your not really used to risks in investing, just put it in Time deposit...but if you're going to ask me, i'm going to put that in a mutual fund. then raise the money monthly (can be 5-10K a month) to get higher interests. by the way, while your kids are still young (although you could have get them as soon as they were born), purchase education plans. Prudential life has a good portfolio, they're a good company. then after your kids graduate, the money you invested will be given back to you.
  • thnx dalepatrick! im not familiar with mutual funds... but im interested. you mean i could earn 5k a month from mutual fund? if my cash is 100k, how much will it earn? and where is the best place/bank to invest in? is bdo ok? bpi? my wife is planning to get an educational plan but due to the inability to pay of some well known educ plans, we opted not to get one anymore.
  • thnx dalepatrick! im not familiar with mutual funds... but im interested. you mean i could earn 5k a month from mutual fund? if my cash is 100k, how much will it earn? and where is the best place/bank to invest in? is bdo ok? bpi? my wife is planning to get an educational plan but due to the inability to pay of some well known educ plans, we opted not to get one anymore.

    Good decision on not getting an educational plan!!! CAP used to be the number 1 pre-need company and look what happened. Pacific Plans is backed up by the Yuchengco Group, a group that, as we all know, has a lot of money and look what happened. Prudentialife may be a good company since after all it is still able to honor its obligations to policyholders but who's to say what's going to happen in the future.
  • froshie1froshie1 PEx Influencer ⭐⭐⭐
    portion of it bibili ako ng dollars and euros, at ilalagay ko sa dollar/euro mutual fund. portion of it ilalagay ko sa TD, portion of it ilalagay ko sa Savings account.

    @fatbig the reason why those companies folded is because they sell open ended plans.
  • You can try microventure capital. UNFORTUNATELY, it is RARE and also VERY RISKY. A friend of mine invested $2K (Php 100K) into an ecommerce short-term convertible loan offered by a mutual friend 3 years ago. After 6 months, he had a $100K cash return on his $2K investment. I am not going to say he was JUST LUCKY--there's a lot of research and background work involved--but there was definitely a LOT OF LUCK needed to pull it off. These kinds of opportunities are rare since most businesses don't pan out or grow at those rates.

    However, with that said, there are still some extreme growth opportunities out there. Forex, online casino-related investments, online dating, etc. The real story I mentioned above is from a Canadian friend who put up some money to help build a dating affiliate network.

    There are crazy returns out there but the risks are crazy as well. Also, finding ones that have a fighting chance are very very hard.

    For 100K php, I'd say buy stocks with it or partner with someone aggregating cash for a rent to own type housing development.

    Best of luck to you!
  • Put some part of it in TD. For a minimum of P50k, you get an 8% interest p.a. tax-free. The only bank I know that offers 8% is PSBank. It used to be 9% before...I would recommend stocks for you but only if you have time to monitor your stocks. If not, then put some in mutual funds. Try the one being offered by Sun Life, balanced fund, wherein asset managers put your money in both stocks and government bonds. The asset managers would take care of your dough, shifting your money back and forth depending on the volatility of the stock market and t-bills' movement. You can also pull out your money anytime in mutual funds. :) Another option is putting your 100k (more or less $2k), in the dollar fund wherein the asset managers invest in offshore accounts. Meaning they would invest your dough in foreign stock exchanges, commercial papers, bonds and other financial instruments we don't have here. The advantage of sun life is that it is a multinational company so it has offices in various parts of the globe. :)

    And no, I'm not from Sun Life. I just believe they are doing a good job. At least my money is making at least 6% in just a few months. Still better than a 3% p.a. savings, I believe. :)
  • thanks for all the replies guys.... i now have many options to study...thanks! i hope i would be able to choose the right one to suit me and my family's needs.
  • cramnhojcramnhoj PEx Rookie ⭐
    Btw, PSbank's 5yr. TD is now only 7% p.a.
  • metropolitanmetropolitan PEx Influencer ⭐⭐⭐
    you need to ask yourself how willing are you to lose your principal for potentially higher returns. mutual funds may be tax free and have high potential of gains but there is the potential to lose your investment.

    choose wisely, its your money, you worked hard for it. think several times before investing it.
  • Ano yung mutual fund? How can I avail sa sunlife?
  • ^^^
    There's already a thread here about mutual fund.
  • itaya mo sa first game ng dallas next season. hehehe :D
  • i have also saved close to 100k and im also looking for ways to make it grow. im planning to open up a food stall near the school in our place but im having second thoughts because I could not devote much time on it and baka masayang lang investment ko. sa bank naman, mababa ang interest sa time deposit esp less than 100k lang naman ang cash ko. do you guys know any alternative investment?
  • ^^^
    You can invest it in a mutual fund or UITF.
  • ^^ is still ok to invest in UITF's? some friends invested a few months ago and their principal is gone...
  • UITFs and mutual funds are already bouncing back. They are gaining now although not as much as before the May-June downfall.
  • KuyaDannyKuyaDanny Moderator PEx Moderator
    narutrix wrote:
    some friends invested a few months ago and their principal is gone...

    What do you mean by "gone"? Ubos lahat? Wala pa yata akong nakikitang UITF sa Pilipinas na naging 0 ang NAV. What UITF is this?
  • Oo nga, baka naman nabawasan lang yung principal but hindi naman siguro naubos lahat.
  • ^^ kwento lang sakin yun. i guess it was too exagerated. thanks for clarifying *okay*
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