Cd interest rate ? how long? when will rate step spinal column up?.?
at this time when our economy is desperate (jan 2008).i see that the cd rates are dropping. how long should i put my cd?3 month, 6 month,a year ,or 2year? when will it possilbly go wager on up? and if it does go put money on up, what is good rate to lock contained by?Answers: I suggest putting it in a short occupancy one since rates change and you dont want your money locked up near a poor return
I would personally keep hold of it short term. No more than 6 to 12 months. Interest rates are probably head lower yet, but I intuitively do not like to tie my money up for long period of time.
go to: low-cost-stock-recommendations
.com
Click on the "CD" Button..
It have a great strategy for investing in CD's
What is the best way to invest your money in the Philippines?
Answers: Everyone wants to find the best way to invest their money to let them make large profits and become rich. There are many ways to invest and each individual investor has preferences and different views towards the risks involved. You can invest in stocks and bonds, real estate, or even a new business. Even if you start you own business you are making an investment.
The stock market is the first thing people think of when they decide to invest. This type of investing involves buying stocks or mutual finds. The key is to buy low and sell high. This involves a lot of patience while you wait for a specific stock to rise. It may even fall which means you lose your money. What ever you choose as your investment, the important thing is that you must know what you are doing or you may lose all your hard-earned money.
There are three basic types of investments:
Ownership investments – these are ownership in a business whether you are a full, part time or silent partner.
Lending investments – this means you lend your money to an organization that pays you back with interest. They could also be in the form of certificates of deposit and the money is then invested elsewhere and you get a share of the profits generated from the return.
Cash Equivalents – this investment can easily be converted to cash such as mutual funds savings accounts, etc.
Some things to consider about investing your money are:
Always put aside money each month to invest. Do without something if you have to, buy pay yourself first with an investment.
Choose your investments with the objective of making your money grow. Think long term and don’t expect results over night.
Look at the small print when investing. Try to reduce or avoid having to pay sales commissions because this will cut into the amount you actually have to invest.
Don’t panic and sell immediately if the stock market drops. Think long term.
May I suggest:
go to : low-cost-stock-recommendations
.com
Click on the "Global Investing" Button on The Navigation Bar, then click on the Philippines.
Also, the lady who owns the website, discusses a 6 year "Double Your Money" Time Deposit that most Banks in the Philippines offer. These "Time Deposits" are Insured by the Phillipine Govt. up to 100,000 pesos.
Also, you do not have to pay taxes on the gain. So you are looking at a 12% tax free gain every year. That is very good.
She talks about this in the currency section.
Check it ou
Trading gold.
You can open an free Marketiva forex \gold\fund\indexs online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account.
http://www-forex.spaces.live.com
Exactly how much interest would I earn in one year at 8% with a $100,000 mutual fund?
Answers: 8%*100,000= 8,000. I don't think mutual fund work this way. For mutual fund, normally it had dividend, and grow of value.
Actually, you don't earn any interest in a mutual fund. When you buy into it, you purchase "shares" of that fund. When the fund makes money, dividends are issues to all share holders, based on how many shares you own. Although, not impossible to determine, it would be extremely hard to predict how much you would make if you bought $100K of a mutual fund on Jan 1 and sold it on Dec 31st. The closest you could get to predicting you're "profit" would be to look at the history of the fund and it's performance over 3,5, and 10 year periods.
If you are speaking of putting $100,000 into a CD or money market account for 1 year, you can easily determine your interest. Based on the method used, you can get your answer. The total would be $8,000, assuming simple interest and no reinvestment of interest earnings. Assuming re-investment of interest and compounding, your total interest after 1 year would be $8,299.95.
Hope that helps.