1 MILLION: how/where to earn biggest annual interest?
angel_lee:
i know there is an existing thread here - "what would i do with P1 million"
pero my case naman is kinda different kaya i tried making a new thread, baka lang may makapag-share ng very helpful inputs.. TIA in advance :)
i already know what i want to do w/ my 1 million pesos.. ang exact na gusto ko - kumita ng interest monthly o every 6mos o kahit yearly ang lock-in period, basta hindi maga-galaw at siguradong hindi maba-bawasan yung 1M ko.. sa tingin nyo, saan kayang bonds o time deposits, o mutual funds ang pinaka OK.. at anong banko rin?
may napag-tanungan na akong 1 bangko.. sa kanila, pwedeng 1 month lock-in period, renewable every month.. ang total interest ng 1 million every month ay approximately 2,800 pesos.. in 1 whole year, mga 33k ++ okay na ba yun?
juicy:
sis try PS Bank.. i think mas mataas ang rates nila
Chinabank also offers high interest rate pero sabi ng hubby ko mas mataas ang PS Bank so ililipat nya dun ang TD nya pagkamature nung nasa chinabank nya
betty:
why not invest in property na you can rent out? mas mataas ang kito dito compared sa bank. yun nga lang hindi liquid ang pera mo.
showermist:
^hi TS,
if you think you're comfortable with what you're 1M is earning you or will earn you annually, great :) you have YOUR MONEY WORKING FOR YOU.
that is a passive income ;D
way to go, girl!
aquacharly:
Sterling Bank offers good rates, specially if you will lock your funds for over 2 months.
The no brainer best interest is given by PSSLAI or AFPSLAI -- but that is available only for PNP and military personnel and their dependents. So if either 1 of your parents, or your husband? works for the PNP or the military -- sitting pretty ka with your P1Mio in either place. NET interest at PSSLAI is now at 18% p.a. payable every 6 months for the capital contributions (they call it such); and does not go below NET 6% for the savings accounts.
