Investment Advice

**cutedoc** · November 19th, 2020 12:17 PM

Originally Posted by AltisAndMZ3FAN

I would like to look for advice here in tsikot regarding investment.
I’m 28, married. I just don’t know where to really put 3.8m savings (this is a separation package as i was retrenched by my company but fortunately i got new job the day after i got retrenched with 30% increase).
So here’s my situation, my wife and i already owns 2 vehicle (fxt,civicrs) so we dont really need a new one. We also have ongoing truck vehicle loan which has remaining 700k total balance. Currently, we are paying monthly for our home.

I’m the only one who’s working so i really want to know where can i put that extra 3.8M for the next 3-5years.

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1. secure family needs first

get a health and income protection just in case you get sick or illness.
2. split the 3.8M to short term, medium term and long term investment.
3. short term, just in case you get retrenched, this can be a bank time deposit, it is alright if the interest is very low. because this can answer for your immediate needs.
4. medium term, to save for future travels, house or car, this can be in the form of bond, ltncd, wherein returns are higher than time deposit but longer holding period.
5. long term, for your future use, in case of death, retirement and kids education, this can be a life insurance with investment or VUL

**_Cathy_** · November 19th, 2020 12:21 PM

Welcome back cute doc!!!

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**ray_noel** · May 10th, 2021 01:34 PM

You’ll go crypto mining?

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**AltisAndMZ3FAN** · June 29th, 2021 07:44 PM

Thanks everyone for your advice, Finally got to see the light on this.
What I've done is to pay off loans, buy a lot, invested in long term stocks and started with postgraduate studies.

It was well worth it

**EQAddict** · June 29th, 2021 08:08 PM

Congratulations!!!!!!!

What location did u buy in?

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**kagalingan** · July 9th, 2021 01:24 AM

economist ulysees and cathey na nagtatrabaho daw sa bangko so bangkera pero ang tagal bumili ng angels pizza card hindi agad nakwenta matitipid hahahahah

May inooffer sa akin na equity fund ang rate ngayon 0.8650. Wala ako kaalam-alam dito dahil im into basic barter trade old school. Ano dapat alamin ko dito?

**Tha_Mann** · July 10th, 2021 11:50 AM

guys, any idea sa tether cryptocurrency, kung ok ba mag invest? a friend of mine is asking me to invest here. pero hindi ko pa na research gaano.

**carxynogen** · July 10th, 2021 03:22 PM

Originally Posted by Tha_Mann

guys, any idea sa tether cryptocurrency, kung ok ba mag invest? a friend of mine is asking me to invest here. pero hindi ko pa na research gaano.

Tether is crypto equivalent for USD (USDT).
Hindi magfluctuate value nito kasi naka tie up to dollar.
Unless i trade mo to other crypto.

I don't see any point why investment siya if you just park your money in USDT.

**uls** · July 10th, 2021 03:45 PM

tether (USDT) is a stablecoin

it's pegged to the dollar 1:1

they claim to have dollar equivalent in the bank backing every tether but there are doubts about that

like do they really have 62 billion dollars in the bank to back 62 billion tethers?

anyway... tether is the most popular stablecoin

other examples: USD Coin (USDC), True USD (TUSD)

**misseksaherada** · August 27th, 2021 11:22 AM

Mga Sir / Ma'am..
Baka po may YT video kayo na madali intindihin about "Morgan Stanley At Work"..
Yung ala "for Idiots" / "for Dummies" po na style.. Pang-zero knowledge po na madaling ma-grasp yung terms and values po kung para saan..

Thank you po..

Workplace Financial Solutions | Morgan Stanley At Work