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Author Topic: 10,000 US DOLLAR QUESTION $$$  (Read 506 times)

Offline prnd32

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10,000 US DOLLAR QUESTION $$$
« on: Aug 09, 2012, 04:29 PM »
What shall I do with my USD 10,000 idling in a bank savings account?  Is it wise to convert it to PHP or invest the USD in Dollar Funds?  I am not familiar with dollars funds though.  Your thoughts please.   :thankyou:

Re: 10,000 US DOLLAR QUESTION $$$
« Reply #1 on: Aug 09, 2012, 04:40 PM »
What shall I do with my USD 10,000 idling in a bank savings account?  Is it wise to convert it to PHP or invest the USD in Dollar Funds?  I am not familiar with dollars funds though.  Your thoughts please.   :thankyou:


bro for me you have to convert that to peso ASAP,, coz if ur reading newspaper USA can hardly recover though not impossible but for precautionary measures... According to ADB, the recent trading currency in use is the china's yuan (i don't want it, though) after US dollar fall-out.... heheheh :cool2:   
A man's reach should exceed his grasp or what's heaven for...

Offline prnd32

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #2 on: Aug 09, 2012, 06:31 PM »

bro for me you have to convert that to peso ASAP,, coz if ur reading newspaper USA can hardly recover though not impossible but for precautionary measures... According to ADB, the recent trading currency in use is the china's yuan (i don't want it, though) after US dollar fall-out.... heheheh :cool2:   

thanks for the advice sir!

Offline magpapakayamanako

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #3 on: Aug 09, 2012, 10:54 PM »

bro for me you have to convert that to peso ASAP,, coz if ur reading newspaper USA can hardly recover though not impossible but for precautionary measures... According to ADB, the recent trading currency in use is the china's yuan (i don't want it, though) after US dollar fall-out.... heheheh :cool2:   

10,000 x 41 = P410,000. yeah convert it! tapos pa-empe lights ka na boss. :D

Offline kithe

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #4 on: Aug 09, 2012, 11:47 PM »
Don't convert it, if you will use it as dollar pa din, like punta ka ba sa abroad para gamitin ito, etc..

Pwede mo siya invest sa dollar mf, 8%-12% ~<>~

or yun nga, ipapalit mo sa peso, kasi baka bumaba pa..
invest sa Mf,, 10-20% ~<>~

Puro MF, hehe. Solid MF kasi ako.. :)
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Offline Janfosi

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #5 on: Aug 10, 2012, 02:41 AM »
fixed deposits is the best way to go, interest rates are usually high :)

Offline decapolis

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #6 on: Aug 10, 2012, 03:44 AM »
How high?

Offline ellyrraine

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #7 on: Aug 10, 2012, 06:15 AM »
fixed deposits is the best way to go, interest rates are usually high :)


Ano po ang examples ng "fixed deposits?" Thanks!

Offline pmtmember

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #8 on: Aug 10, 2012, 07:34 AM »

Ano po ang examples ng "fixed deposits?" Thanks!

investment that has a fixed rate.

Ok ito if short term pero if long term, I would go for a bit riskier but better gain
Take risks: if you win, you will be happy; if you lose, you will be wise. Trader's Logbook

Offline decapolis

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #9 on: Aug 10, 2012, 07:43 AM »
Medyo conservative fixed deposits, meron din like last week may nag alok sa mother ko from BPI, Filinvest bonds, 6.5 yta per annum for 7 years pero for me masyado maliit kesa sa potential ng MF or UITF or lalo na ng stocks.

Gone are days that we can avail 10-12% interest on Treasury Bonds kc ok (medyo) economy now

Offline prnd32

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Re: 10,000 US DOLLAR QUESTION $$$
« Reply #10 on: Aug 10, 2012, 08:55 AM »
Don't convert it, if you will use it as dollar pa din, like punta ka ba sa abroad para gamitin ito, etc..

Pwede mo siya invest sa dollar mf, 8%-12% ~<>~


mam kithe, i would like to consider this.. any dollar mf you can recommend?

Post Merge: Aug 10, 2012, 09:09 AM
10,000 x 41 = P410,000. yeah convert it! tapos pa-empe lights ka na boss. :D

mas type ko ata TDY.. :rakenrol:
« Last Edit: Aug 10, 2012, 09:09 AM by prnd32 »

 

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