Bank Equities

[jonisha]

mga sis tanong ko lang kung safe po ba na iinvest ang emergency fund sa bpi short term fund or money market fund. kasi yung 500k ko sa bpi advance parang nasa 250 pesos lang yung interest nya kada buwan sobrang liit balak ko ilipat na lang sa bpi short term or sa money market fund mukhang medyo mataas compare sa bpi advance. Any suggestion mga sis. Thanks

[mxherr5]

Yes, I've been doing it ever since.
Just one caveat though, if you need it
on a weekend then your out of luck.

But on weekdays, redemption is the
next day so very convenient.

What I do is I keep most of it in the
Short Term Fund then I keep around
40k in a MaxiSaver account.

Whenever I need money, I redeem
from my Short Term Fund but if I really
really need money right away, I get it
from my MaxiSaver account.

I don't think you can invest in the Money
Market fund. Those are for tax exempt institutions
only.

[jonisha]

@mxherr5

ilang years na po yung short term fund nyo, never pa po ba ninyo na experience na nalugi kayo dito or bumaba yung capital nyo? Yung sa inyo po ba ay bpi short term fund po? meron din pala ako maxisaver nasa 500k passbook sya, ang liit din ng interest, siguro ito na lang yung ililipat ko sa bpi short term fund. Ano po sa tingin nyo na mas ok kong gawin? Thanks

[mxherr5]

Oct of 2011 sis and yes, hindi pa ako nalugi. Pa akyat ng pa akyat lang
ang NAV ng Short Term Fund. Although mas mabagal na ang pag akyat
nya ngayon compared dati.

[eischied_21]

Kahit naman BPI Maxisaver account ang liit lang rin ng interest. Hindi rin ramdam

@mxherr5, BPI Short term fund ba yun sayo? Parang gusto ko na rin ilipat yun emergency fund ko from Maxisaver. Thanks

[mxherr5]

Yes, haven't run into any issues except when I need money
during a weekend. That's why I have my MaxiSaver account.

I also use BPI's mobile app. Because their online portal always
seems to be down. Whenever that happens I just use the app
to redeem.

[jonisha]

mxherr5

actually sis meron na po ako bpi short term fund, 2 months pa lang po sya. sinubukan ko lang mag open nasa 40k po sya then nung nakita ko na mas malaki yung interest nya compare sa maxi then naisipan ko parang mas ok ilipat na lang lahat yung sa maxi saver ko papuntang short term fund. Ano po ba mas ok mag cost averaging ako or isang deposit na 500k na lang sa short term fund. Paano ko ba ito dadagdagan pede ba online. Dapat i-withdraw ko muna yung sa maxi ko then lipat sa bpi short term fund? May charges ba kapag nagdadag ka sa bpi short term fund at meron bang charges kapag pina close mo na yung maxi-saver mo?
 

[jonisha]

hi mga sis tanong ko lang kung mga nasa magkano ang nilalagay nyong pera sa bpi short term fund 500,000 above or less than 500,000. Is it safe to put 500,000 in this investment fund?

[jonisha]

up ko lang mga sis yung tanong ko sa taas. Thanks

[sachism]

^i havent tried putting our emergency funds in any investment funds. Si mxherr confirmed na naglalagay sya ang relatively safe naman. If that is your extra money, ok lang even more than the amount you mentioned.

[jonisha]

mga sis patulong naman po paano po ba pag compute ng interest ng bpi advanced at bpi maxi saver halimbawa po meron akong 500K sa advance then ang rate po nya 0.750%. pede pa sample po ng computations at formula kung magkano magiging interest nya sa isang buwan.

Then halimbawa sa maxi saver naman po meron din akong 500K then ang rate po nya ay 0.375% at With 0.5% BONUS p.a. if no withdrawal within a month. pede pa sample po ng computations at formula kung magkano magiging interest nya sa isang buwan. Thanks

[fionaapple]

mxherr5

actually sis meron na po ako bpi short term fund, 2 months pa lang po sya. sinubukan ko lang mag open nasa 40k po sya then nung nakita ko na mas malaki yung interest nya compare sa maxi then naisipan ko parang mas ok ilipat na lang lahat yung sa maxi saver ko papuntang short term fund. Ano po ba mas ok mag cost averaging ako or isang deposit na 500k na lang sa short term fund. Paano ko ba ito dadagdagan pede ba online. Dapat i-withdraw ko muna yung sa maxi ko then lipat sa bpi short term fund? May charges ba kapag nagdadag ka sa bpi short term fund at meron bang charges kapag pina close mo na yung maxi-saver mo?

suggestion ko lang, wag mo i-close yung maxi-saver mo, leave some disposable money, kahit small amount lang that will be enough for an emergency like 50k. tapos ok lang kahit na isang bagsak sa short term fund. pero yung 500k mo, wag mo ilahat sa short term, diversify mo rin...maybe lagay mo sa mutual funds yung iba..

[dada08]

BPI short term fund, need bang mag top up?

Anyone here who has BPI Direct Save-up Auto Savings? Any feedback please.

[toinks.toinks]

hi..anyone from metrobank UITF?

[darkjuliet]

mga sis tanong ko lang kung safe po ba na iinvest ang emergency fund sa bpi short term fund or money market fund. kasi yung 500k ko sa bpi advance parang nasa 250 pesos lang yung interest nya kada buwan sobrang liit balak ko ilipat na lang sa bpi short term or sa money market fund mukhang medyo mataas compare sa bpi advance. Any suggestion mga sis. Thanks

Ito rin yung balak ko sa emergency fund. Instead na naka-park sya sa savings acct or time  deposit na maliit yung interest, dun na lang sa money market. At least mas malaki yung ROI. I have money market fund with ALMF now and so far, pataas naman sya. Parang 2 mos yata holding period. Yun nga lang in case of a real emergency, hindi sya makukuha instantly.