Jump to content


Photo

Where To Invest 200k?


  • Please log in to reply
176 replies to this topic

#1 Immortal666

Immortal666

    Lover

  • (07) Avid Member
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 1965 posts

Posted 24 June 2008 - 02:26 PM

My mom just sold a piece of our land for 200K and she intends to keep it as money for when she grows older. I told her it wouldn't be wise to have it just sit in a bank earning 1% interest. I was telling her to invest in Mutual Funds but she was thinking of putting the money in a time deposit. I'm not that knowledgeable in Mutual Funds to convince her otherwise. Can you give suggestions on what would be the best way to invest the money and hopefully earn some interest on it?

#2 rgcotswold

rgcotswold

    Wanton

  • (05) Regular
  • PipPipPipPipPipPipPipPipPipPipPip
  • 720 posts

Posted 24 June 2008 - 03:38 PM

My mom just sold a piece of our land for 200K and she intends to keep it as money for when she grows older. I told her it wouldn't be wise to have it just sit in a bank earning 1% interest. I was telling her to invest in Mutual Funds but she was thinking of putting the money in a time deposit. I'm not that knowledgeable in Mutual Funds to convince her otherwise. Can you give suggestions on what would be the best way to invest the money and hopefully earn some interest on it?



WELL ITS ALWAYS NICE TO INVEST IN THOSE TYPE OF FINANCIAL INSTRUMENT... FOR ME THE BEST WAY TO INVEST YOUR MONEY IS TO GET INTO BUSINESS AT LEAST HWAK M KAPALARAN M.... MAYBE A LITTLE FISHPOND OR SOMETHING INTO GROWING OR RAISING FARM ANIMAL... LIKE ORGANIC VEGTABLE OR MAYBE ORGANIC CHICKEN... THERES A BIG DEMAND FOR SUCH PRODUCT...

#3 Dr_PepPeR

Dr_PepPeR

    do not disturb - already disturbed!

  • Ambassador
  • 8459 posts
  • Location:Formerly Makati Central Business District

Posted 24 June 2008 - 04:22 PM

In cases like that, the safety of the principal is really the prime consideration so I really wouldn't suggest mutual funds or UITFs for now. Try short term special savings account or government securities. Ask your bank for advice.

Edited by Dr_PepPeR, 24 June 2008 - 04:24 PM.


#4 Google

Google

    The Russian Mafia

  • (10) Super Poster
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 4081 posts
  • Gender:Male
  • Location:Makati City
  • Interests:Golf, Gym, Computers, Extreme Sports, Outdoor Sports, Beach, Basketball, Badminton

Posted 25 June 2008 - 10:07 AM

put it in treasury bills or fixed income instruments.

#5 G.I.

G.I.

    Cutie

  • (04) Casual
  • PipPipPipPipPipPip
  • 218 posts

Posted 25 June 2008 - 12:12 PM

it appears that the investment is for long term, so i guess, Balanced UITFs or MF is okay. Mura ngayon buying price. After 2-3 years or after 2010 malaki na return. Try BDO and/or Philequity. Wag lang isa, try splitting the amount
  • Marco Eric likes this

#6 axlerose100

axlerose100

    Looker

  • (03) Newbie
  • PipPipPipPipPip
  • 192 posts

Posted 25 June 2008 - 12:41 PM

My mom just sold a piece of our land for 200K and she intends to keep it as money for when she grows older. I told her it wouldn't be wise to have it just sit in a bank earning 1% interest. I was telling her to invest in Mutual Funds but she was thinking of putting the money in a time deposit. I'm not that knowledgeable in Mutual Funds to convince her otherwise. Can you give suggestions on what would be the best way to invest the money and hopefully earn some interest on it?


My friend you are right. Placing your money in a bank with 1% interest p.a. is never a good investment. I don't even want to look at today's current inflation rates; I don't want to get depressed. If the annual inflation rate today is estimated at 5% (very optimistic) you are actually losing 4% of your money's value every year you earn 1% from the bank. That's IF the interest is tax free, which it isn't. Any interest you earn below the inflation rate will hand you a net loss on the value of your money. If you can get a better rate investing in mutual funds/time deposits, that would be better. Just make sure these mutual funds are affiliated with big, stable banks or financial institutions and more importantly can be trusted. But as Dr_PepPeR said, these present a risk. If they mishandle their investments there is a possibility of you losing all your money.

The only advantage of placing you money in a bank is the insurance provided by the PDIC. I don't think the same insurance is provided for by mutual funds/time deposits. I think the best investment would be to buy up as much non-perishable commodities as you can. At the rate oil prices are rising, its possible to get at least 10-12% more for what you bought something a year ago.

Edited by axlerose100, 25 June 2008 - 12:42 PM.


#7 Guest_lustfortravel_*

Guest_lustfortravel_*
  • Guests

Posted 25 June 2008 - 12:48 PM

I agree with Dr. Pepper and Google. In this particular case, your mom cannot afford any "loss" on the principal. She may also need the money for emergencies like hospitalization so it would be advisable to keep it liquid.

Your best bet would be fixed-income instruments such as special deposit accounts or treasury bills.

#8 kadafy

kadafy

    and the frog is back...again!

  • (12) Mega Poster
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 7686 posts
  • Gender:Male

Posted 25 June 2008 - 02:02 PM

the principal is the main concern. i assume your mom is already in the 40's at least. maigsi na ang "horizon" ika nga...

you might want to check special deposit accounts. last time i checked with bpi, it's at 5.++% gross. mga 4% sya nett. better than a regular savings or td.

pwede rin yung mga funds na invested sa gov't securities or bonds. there are MF companies that have products that invests purely on bonds. check out sunlife.

basta, avoid na siguro yung mga high risk/high stake investments. time is not on your mom's side. baka di nya mabawi.

hope that helps. :P

#9 wizard23

wizard23

    Seducer

  • (08) Fanatical Member
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 2830 posts
  • Location:Mandaluyong City

Posted 26 June 2008 - 06:50 AM

diversify. spread your investments. if you would like high risk, stocks is the way to go. if you are ultra-conservative, banks are the way to go. there are a good number of banks that offer good interest rates but it's a 5 year time deposit usually.

i sell philamlife's mutual funds. right now, the pricing is at par with 2006 level. this is another option for you to invest if you want to treat your investment medium to long term. hope this helps.

#10 UncleCrank

UncleCrank

    Devirginized

  • (03) Newbie
  • PipPip
  • 22 posts

Posted 19 July 2008 - 12:42 PM

^your into casino so i assume your risk tolerance is high.. here are some high risk investment vehicles that you can try: stocks, forex

but for now i suggest iwas muna sa stocks because of the current market condition, unless you know how to short.

disclaimer: trade at your own risk :D

#11 joss

joss

    Wooer

  • (05) Regular
  • PipPipPipPipPipPipPipPipPip
  • 556 posts
  • Location:pasig

Posted 21 July 2008 - 07:53 AM

50% tresury bills for safety... 20% sari sari store 10% mutual fund lol... 10% bank deposit 10% pang casino yahuuu...

#12 discoduck34567

discoduck34567

    Looker

  • (04) Casual
  • PipPipPipPipPip
  • 194 posts

Posted 21 July 2008 - 10:27 AM

for now i invest mostly in tbills

#13 zilch45

zilch45

    Looker

  • (04) Casual
  • PipPipPipPipPip
  • 165 posts

Posted 21 July 2008 - 09:28 PM

mga bossing, pano b mag-invest sa tbills?

#14 UncleCrank

UncleCrank

    Devirginized

  • (03) Newbie
  • PipPip
  • 22 posts

Posted 21 July 2008 - 10:13 PM

@zilch45
if i remember correctly, it's also through banks.. just inquire.


btw, how much is the interest rate in tbills nowadays?

#15 lahsproject

lahsproject

    Experienced

  • (03) Newbie
  • PipPipPip
  • 49 posts

Posted 22 July 2008 - 05:51 AM

buy stocks!

#16 black cat

black cat

    untamed and dangerous

  • (08) Fanatical Member
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 2042 posts
  • Gender:Female
  • Location:the dark side
  • Interests:witchcraft

Posted 23 July 2008 - 01:30 PM

Government t-bills is the safest. Ang alam ko they are issuing now eh.. try mo mag-ask around.

The interest depends on the principal amount and maturity date.

#17 justinapay

justinapay

    Charmer

  • (05) Regular
  • PipPipPipPipPipPipPipPip
  • 448 posts
  • Gender:Male

Posted 23 July 2008 - 02:40 PM

get a franchise of a food business

#18 Immortal666

Immortal666

    Lover

  • (07) Avid Member
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 1965 posts

Posted 24 July 2008 - 11:45 AM

Thanks for the reply, people. To provide a bit of closure to the topic I opened, let me tell you how we invested the 200k. We chose the safest route and it was through a 3-month time deposit. After that is over, we'll move the money to another bank who offers a higher TD interest rate. Ganun na lang siguro for now.

#19 parbuster

parbuster

    Charmer

  • (05) Regular
  • PipPipPipPipPipPipPipPip
  • 422 posts

Posted 24 July 2008 - 07:51 PM

which bank and at what gross interest rate?

#20 Immortal666

Immortal666

    Lover

  • (07) Avid Member
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 1965 posts

Posted 24 July 2008 - 10:03 PM

which bank and at what gross interest rate?


BDO at 2.25%. However, after the three months is over, we'll move the money to China Bank who has an interest rate at 3.5%.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users