1 MILLION: how/where to earn biggest annual interest?

[iristacey]

try mo din yung mga funds sa bank or sun life. they have different types of fund na pwede mo kunin yung interest, depending on your risk level. usually balanced fund ang pinaka malaking risk but greatest interest din. they go as low as 10% and as high as 30%++.

[HeartHeart]

^^ thanks for the info.   

[stormy]

Medium risk ang balanced fund, equity fund ang high risk. Bond fund naman ang low risk.

3.25% sda sa psbank

[juicy]

Sterling Bank, 500k-1.99M 3.625% ang 2-3 months TD nila

4% pag 10-12 months

[jetel]

try bank of commerce, lock in of five years.  for one million, you'll get 4,400 plus every month as interest

[mama squeak!]

You have to be a spouse or child of a PNP  employee

There are  2 ways to earn - through Capital Contribution and/ or Savings.
you can  go in and out with your  funds, but of course your interest will be computed accordingly.

With AFPSLAI   let me give you an actual example - 1mio for the period Oct 1 2010 to Dec 31 2010 but the check was released Jan 25 2011 (so it is for over a quarter period) -  NET 42,500.  AFPSLAI releases every quarter - while PSSLAI  pays out every 6 months

Just to add to aquacharly's post, all branches of service have their own coop. Some even have more than one like sa Air Force. Yes, malaki talaga interest rates nila. Just to give you an example, our capital contribution with PNSLAI (Navy) earns between 18% to 20% per annum while our two accounts with ACDI and AMWSLAI (Air Force) minimum is 18%. there was a time umabot pa sa 22%.

Same with AFPSLAI, di bumababa ng 16% ang capital contribution nila.

[smartstarter]

pa join. the higher the investment the greater the risk. always remember that. kung gusto mong mataas ang kita, makakaya mo kayang matalo ng ganun din kalaki? diversified mo yung money mo into different baskets sis

[juicy]

sarap naman sa AFPSLAI! sayang sana pwede kahit relative lang ng PNP employee

[smartstarter]

meron akong alam na three year average fund value ng company ay 24.58%

[catherine ann]

SDA . . . Metrobank 3.4 per annum 1M

[smartstarter]

san un sis??

minsan sis umaabot pa yan ng 34% mahigit. sa mutual fund. yun nga lang hindi yun fix rate, kasi depende yan sa market hehe. yan kaya ang trabaho ko.

[sachism]

this is very interesting!

[smartstarter]

if investment ang hanap. go for the compound interest and cost averaging. bili ng marami pag bagsak ng market. tataas lang naman ng tataas ang market dahil sa trend ng inflation rate  e.

[Juricks]

very informative.. nakaka-inspire..
gather muna ako ng info while trying to achieve this amount..

[swit_squiggle]

interesting talaga

[azaleah]

Just to add to aquacharly's post, all branches of service have their own coop. Some even have more than one like sa Air Force. Yes, malaki talaga interest rates nila. Just to give you an example, our capital contribution with PNSLAI (Navy) earns between 18% to 20% per annum while our two accounts with ACDI and AMWSLAI (Air Force) minimum is 18%. there was a time umabot pa sa 22%.

Same with AFPSLAI, di bumababa ng 16% ang capital contribution nila.

Hi Sis, how much ang maximum account ng regular at associate member sa PNSLAI? How much din ang maximum deposit per quarter?

Sa AFPSLAI kase,
Regular member = 3M max limit per account & 30k maximum deposit per quarter lang
Associate member = 1M max limit per account & 30k maximum deposit per quarter lang

Sa AMWSLAI naman,
Member = 8M max limit & 100k maximun deposit per month.

[freelancer_babe]

the biggest? probably stocks or rural banks.

yun nga lang, big gains are always accompanied by big risks. you could almost not find any investment na malaki ang gain pero maliit ang risk. doesn't work that way.

judging sa gusto ng TS, parang conservative to moderate investments ang hanap nya. in that case avoid stocks and rural banks (even if they are insured, kasi di raw agad naibabalik ang pera kaya di mo magamit agad).

some moderate investments would include some mutual funds (balanced and equity) and some UITFs (balanced and equity).

conservative ones are those savings, time deposits, SDAs offered in bigger banks like BDO, BPI and Metrobank. Hindi kasama ang rural banks dito - because they are risky. however, lugi ka pa rin sa inflation. the interest rates would never beat inflation rates, so your 1M for one year would lose part of its purchasing power.

in the end it depends kasi how much you want to risk and lose part of the principal (original investment) for a higher gain, and for how long you want that money invested. kung alam mo ang mga ito then it will be easier to find out kung saang investment vehicle ilalagay ang pera.

also, you have built-up your emergency funds, right? should be 3 to 6 months of expenses (3 months for no dependents, 6 months for those with dependents), or it must be up to a year if you do not have HMO or health insurance (ito ang option na pinili ko).

[OD]

30day SDA at banks  now hover around Net 3%

this is rather late an inquiry considering your post is almost a year old, but which banks offered such rate?

[sachism]

Sa bpi sis. Around ganyang ang interest, net.

[butuhan]

I pulled out my TD from the bank 2 months ago. Its not naman 1M yet. pero i invested it to a real estate/condo investor na nagpu-pool ng funds sa pagbili ng properties. I was assured of a 36% annual interest for my money and monthly me pay-out sya na binibigay. After doing my due diligence(checking of backgrounds, banks, and other investors), i found out na mas ok sa ganung sistema kesa mag-stay sa bank ang pera mo. 1 year ang placement ko ng pera and so far sa 2months na tinakbo ng pera ko, me 72k na ko na returns from the 300k na nauna kong naka-place. Worth taking the risk para sa kin...