16/12/2021
You work hard for your money. Whether it’s employment or a business, you want somewhere secure that allows some level of growth for your hard-earned money.
That used to be true for banks, but these days, they serve merely as a place to let our money sleep safely. And even that amount is only really secure if it’s less than P500,000 due to the PDIC insurance for each depositor. Growth-wise, forget about it. It will take around ten to fifteen years before your initial savings grows 1%, yet annual inflation rates are at 5-8%. In short, the value of your money decays much faster than it appreciates.
So where should you put your savings so that it is secure and grows at the same time, at a rate that matches or even beats inflation?
Send us a message and let’s talk today for your tomorrow. Consultation is free, but its value is priceless.