CRAZY4MC wrote: »
I opened a savings account with PSBank earlier today.
May accounts din ako sa BPI at BDO.
Plano ko rin mag-open kay Metrobank kapag nakapag-ipon pa uli.
daisukeniwatari wrote: »
Effective sa akin yung EIP - UITF ng BDO which is to deduct an amount from my savings bi-monthly and then they invest it. Sila na bahala kung paano mapapalago yung pera mo just be sure na hindi mo kailangan yung pera anytime soon. May withholding period sila kaya sa unang 6 months di mo mawithdraw tapos minsan naman nagnenegative yung value (dependent on stocks and economy) kaya lalo mong hindi mawiwithdraw kasi lugi ka. It takes 4 days din ata para macash out yung pera so tatamarin ka rin magwithdraw. Applicable din ata to sa ibang bangko.
wavemaker wrote: »
I'm curious, how much is the annual return when you invest in EIP-UITF?
piquanteye wrote: »
It depends on what type of funds you are subscribed. If you are too conservative try the Money Market Fund. BDO has an online questionnaire that will assess you risk appetite. Remember that UITF, Mutual Funds and ETFs do not have insurance coverage. I suggest you get a VUL from one of the top insurance company PruLifeUK so your savings and investment are protected. PM me so I can refer you to my agent.
The secret behind the Money Challenge is discipline but it is wiser if you will be prepared for your future. So Save and Invest right now.
yesto wrote: »
As the year starts, some are trying to kick off the year with money challenges. It is an alternative way to save money but not all challenges are fit for everyone.
Which one have you tried? Which one worked for you?