Scouting for good investment rates

For the past month, I’ve been checking out online websites of different banks to compare which bank gives the highest interest rates. When I was still single, I started out with BPI and when Jeff and I got married, we opened another account with BDO. Although we’re happy with both banks, it won’t hurt to look for other options that can give higher rates especially for a time deposit account. I’m eyeing the Perk Dollar Time Deposit of Asiatrust Bank which states that money can earn as much as 4.75% p.a. This is only a modest way to grow our money but at least, we get to save for our retirement early on. It may not be as high yielding as having a gold IRA, but as long as the money is safe, we’re gonna let it stay there for the meantime.

While I’m on a money-making mood, I learned about IRA, which means Individual Retirement Account, a type of investment for an employee in preparation for retirement. In the US, people with retirement plans can have IRA gold. Gold has become a recession-proof investment, while the value of the US dollar decreases, the value of gold rises. Investors are adding gold to their assets to diversify and to balance their investments, thus having a 401k gold aside from other paper investments.

The website I’ve found had me convinced that “gold is the ultimate asset”. No inflation, economic crisis, government conditions, oil and gas prices, bank failures, etc. can devalue it, in fact, those negative conditions can make the value of gold rise. The site also assists investors on how to put gold in an IRA and also helps on how to have a gold 401k.


  1. hi badet! you know what, it’;s so easy to open up an account here, with just 1,000 Korean Won, you can open a savings account in any bank. That’s for less than US$1… sa Pinas pahirapan pa and kung ano-anong documents hinihingi when you open an account. you also cant open an account there with below P5,000 to 10,000 opening balance… We also have a time deposit and they offer really good intrest rate. hubby and i am also thinking of good investment. but maybe we’ll have to concentrate first on transfering to a bigger place…


  2. Really, less than $ 1 or you mean $ 100? Pero you can open an account with some banks here in the Phils. na merong low maintaining balance, like BPI Express yata, I’m not sure. But that’s true, most banks require you to have a minimum of 5,000 or 10,000 and all other documents, ID pictures…


  3. less than $1 lang talaga sya sis… $1 is like 1250 Korean won these days.. i opened my account with 1000 korean won lang.. siguro 30 pesos? haha… and di nila isasara yon hanggat di mo isinasara hinuhulugan mo man or… maybe i’ll make a post about this too, hehe…
    .-= jehan´s last blog ..tbs efm’s "Sound Off" Guest… =-.



  1. jessaguinaga says:

    Everything Nice! » Scouting for good investment rates

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