Posts tagged ‘banking’

What types of investments compound like time deposits?

Posted May 10, 2020 under Banking, Investing | No Comments

Anong investments ang nag-co-compound na katulad ng time deposit? The truth is, a lot of paper assets like mutual funds and stocks don’t really compound, but if they did, the compounding rate would be higher than time deposits. When you see illustrations where these investments compound, they are using the concept of the compounded annual […]

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How to transfer money from BPI to another account?

Posted May 19, 2016 under Banking | No Comments

I want to transfer money from my BPI savings account to another BPI account that’s not under my name. I transfer funds to a lot of people, and they’re different every time, so I don’t want to enroll them. Is there are way to do this? Thanks. Answer: Yes, because BPI has a transfer to […]

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How do the super rich handle their finances?

Posted May 12, 2016 under Banking, Personal Finance | No Comments

I’m talking about those people on the Forbes list among others. So let’s say Bill Gates — does he have a bank account that shows millions of dollars as its balance? So what’s the reality? Answer: First, the extremely wealthy will always have businesses, real estate, jewelry, art, investments, etc. which makes up the bulk […]

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What’s Philippines investment grade’s effect?

Posted April 5, 2013 under Current Events, Investing | 1 Comment

Hello,   Since the Philippines got an investment grade, I keep hearing that its better to open a business because rates are lower, its better to get into the stock market, etc.   My question is, does it also have an effect on the current banking interest rates, specifically time deposits? Are time deposits a […]

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Can someone orient me in HSBC credit card… What are the initial requirement and how much is the initial Credit limit of it?

Posted January 25, 2012 under Banking | 2 Comments

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In your opinion, when is the best time to invest in paper assets?

Posted October 15, 2011 under Investing | 5 Comments

If you’re interested in investing in paper assets such as mutual funds, UITF’s and/or the stock market; when do you think is the best time to invest?

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