Guest wackeen Posted October 23, 2006 Share Posted October 23, 2006 hi guys... i'm planning to open a time deposit account. let's say i open an account in the bank's branch in makati then i decide to add more money the following maturity date can i go to other branches to do that task? thanks. to use an analogy, this is like asking if you can buy an extra rice from the greenbelt branch after buying a meal from the glorietta branch of jollibee. branches operate independently.. the main advantage of using a bank with several branches is the atm network and saving on the fees. but you are foremost the 'client' of your home branch. Quote Link to comment
dexterhaba Posted October 24, 2006 Share Posted October 24, 2006 guys i have a dollar to deposit (TD) ano mas maganda sa ngayon dollar ko nalang or papalitan ko ng peso and then time deposit,, kasi pababa na ng pababa ang dollar,,, ano sa tingin nyo mga experts? same question na rin sa UITF,, mayron ba dollar currency dun? thanks in advance bros... Quote Link to comment
Dr_PepPeR Posted October 25, 2006 Share Posted October 25, 2006 guys i have a dollar to deposit (TD) ano mas maganda sa ngayon dollar ko nalang or papalitan ko ng peso and then time deposit,, kasi pababa na ng pababa ang dollar,,, ano sa tingin nyo mga experts? same question na rin sa UITF,, mayron ba dollar currency dun? thanks in advance bros... The trouble with switching currencies is you will always be subject to conversion risks that may wipe out whatever advantage you get from a higher interest rate. I suggest you keep your US Dollars as is, at least you can use it as a hedge. The US Dollar UITFs have been performing rather well lately and I would think it is a good alternative to the usual US$ Time Deposits. You could also try US$ ROP GS, if you can get a participation from the Treasury Unit of your Bank. At the moment they are the preferred investor's choice. Quote Link to comment
parbust3r Posted October 25, 2006 Share Posted October 25, 2006 hi Dr. Pepper,what are US$ RPO GS? any bank you can recommend i get these? Quote Link to comment
Talley Posted October 25, 2006 Share Posted October 25, 2006 hi Dr. Pepper,what are US$ RPO GS? any bank you can recommend i get these? Parbuster, I believe he was referring to US $ denominated Republic of the Philippines Government Securities.Most of the Universal Banks would have them in either their trust, treasury or private banking departments. Quote Link to comment
parbust3r Posted October 25, 2006 Share Posted October 25, 2006 ok got it. I have US$ invested in the BDO $ bond fund. how does this compare to those? Quote Link to comment
Talley Posted October 26, 2006 Share Posted October 26, 2006 ok got it. I have US$ invested in the BDO $ bond fund. how does this compare to those? Good day Parbuster, I believe, and bankers feel free to correct me, that the $ bond fund would be a better option. A $ bond fund has a wider spread of holdings so they will usually perform better in the long run. Also, I think the $ bond fund will allow you to move your money in and out much easier than an ROP. Hope that helps. ok got it. I have US$ invested in the BDO $ bond fund. how does this compare to those? Quote Link to comment
Dr_PepPeR Posted October 26, 2006 Share Posted October 26, 2006 hi Dr. Pepper,what are US$ RPO GS? any bank you can recommend i get these? Parbuster, I believe he was referring to US $ denominated Republic of the Philippines Government Securities.Most of the Universal Banks would have them in either their trust, treasury or private banking departments. Gosh, sorry for the stupid acronyms. I have to remember LTSS (Learn To Spell Stupid). Thanks for picking up the ball, Talley. Quote Link to comment
Dr_PepPeR Posted October 26, 2006 Share Posted October 26, 2006 Good day Parbuster, I believe, and bankers feel free to correct me, that the $ bond fund would be a better option. A $ bond fund has a wider spread of holdings so they will usually perform better in the long run. Also, I think the $ bond fund will allow you to move your money in and out much easier than an ROP. Hope that helps. Talley is quite correct. If you invest in simply one security, your income will depend solely on that instrument. While it could be high, it could also be low depending on the market conditions. With a Dollar Bond Fund, an investment manager will usually spread the investments over different tenors (different maturities) so you will have a mix of short, medium and long term papers. This results in spreading the risks since you hold different term papers which will not be affected drastically by a fall in market price of any one security. Furthermore, in a Bond Fund, a good investment manager trades actively, in other words, if he thinks he can realize profit by selling a security, he will do so, thus making more than a simple accrual of the interest on the securities. Quote Link to comment
Mandrake Posted October 27, 2006 Share Posted October 27, 2006 Talley is quite correct. If you invest in simply one security, your income will depend solely on that instrument. While it could be high, it could also be low depending on the market conditions. With a Dollar Bond Fund, an investment manager will usually spread the investments over different tenors (different maturities) so you will have a mix of short, medium and long term papers. This results in spreading the risks since you hold different term papers which will not be affected drastically by a fall in market price of any one security. Furthermore, in a Bond Fund, a good investment manager trades actively, in other words, if he thinks he can realize profit by selling a security, he will do so, thus making more than a simple accrual of the interest on the securities. Which bank(s) in Manila offer the $ BF? tks!btw, tks also for sending that Investment 101 pwp.. :cool: :thumbsupsmiley: Quote Link to comment
Talley Posted October 27, 2006 Share Posted October 27, 2006 Mandrake, Try going to http://www.uitf.com.ph You'll see a listing of the different UITF products that banks offer.That website is pretty handy as it gives you a pretty good idea of what's available out there. Happy investing. Quote Link to comment
Mandrake Posted October 27, 2006 Share Posted October 27, 2006 Mandrake, Try going to http://www.uitf.com.ph You'll see a listing of the different UITF products that banks offer.That website is pretty handy as it gives you a pretty good idea of what's available out there. Happy investing. Copy that...thanks! :cool: Quote Link to comment
Dr_PepPeR Posted October 28, 2006 Share Posted October 28, 2006 Mandrake, Try going to http://www.uitf.com.ph You'll see a listing of the different UITF products that banks offer.That website is pretty handy as it gives you a pretty good idea of what's available out there. Happy investing. While that site is pretty helpful, it does not list ALL the UITF products. If you have time try to visit a bank's webpage. It will have their UITFs as well as their NAVPUs and Reports online. Quote Link to comment
Steppenwolf Posted March 6, 2007 Share Posted March 6, 2007 i need some inputs. i have 400k now cash. and wont need it until dec. what should i do with it? it is just sleepin in my savings account. Quote Link to comment
Dr_PepPeR Posted March 6, 2007 Share Posted March 6, 2007 i need some inputs. i have 400k now cash. and wont need it until dec. what should i do with it? it is just sleepin in my savings account. UITF Equity or Balanced Fund. Quote Link to comment
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