Topic: Pru Life, Sun Life, Phil Am plans, Prudential, ano ang okay?

[kenji321]

Mga tol na knowledgeable sa markets at sa plans, anong mas okay sa mga nabanggit? Anong marerecommend nyo at yung experience nyo? Dun sa mga nag iinvest sa mga fund.

[SpyDrew]

Parehong Life Insurance lang yan, depende sa need mo kung ano ang kukunin mong coverage ng premium mo if its protection, retirement, college educ, etc..

Meron ding other products ang mga iyan, like Prulife may Pru M or PIA silang tinatawag w/c is equivalent to Bank Time deposit but with high interest plus protection. Sunlife also has mutual fund i think.. Ako kasi sa Prulife ako, yung Sunlife ko dati naglapse di pa kasi ganun ka importante sakin ang investment noon.

[Adonai]

PhilAm life ako. Maganda yung policy na nakuha ko. nag iipon ka na, nag iinvest ka pa sa stock market. let me know if gusto mo at i re refer kita sa ka batchmate ko na financial advisor sa PhilAm Life.

[RiderX_23]

sunlife kami eh..... no need for explainations....

[tigerwing]

Ano bang needs mo? Iba ibang producto kasi meron ang mga companies na yan. From life insurance to mutual funds.

meron ako Life insurance sa Sunlife at Equity fund naman sa prulife. Yung equity fund ko grows at an average of 10% per year.. yung life insurance nmn ng sunlife, bukod sa insurance merong fund value na  over time lumalaki din. Pwede ka kumuha ng pakaunti kaunti dun sa available funds mo when you need it or you can just let it grow and grow.. Growth is dependent sa stado ng economiya ng pilipinas so for the past few years eh maganda ang performance nila...

[kenji321]

Need ko eh yung nag kakainterest yung pera mo. Mutual fund ba un? Yung depende sa halaga nang stocks nila at sa ekonomiya na din nang pinas. Hindi yung retirement plan o educational plan. Y

[SpyDrew]

Need ko eh yung nag kakainterest yung pera mo. Mutual fund ba un? Yung depende sa halaga nang stocks nila at sa ekonomiya na din nang pinas. Hindi yung retirement plan o educational plan. Y

Ang mga Life Insurance ngayon hindi na sya tulad dati na traditional, makukuha mo lang yung benefits pag namatay na si insured. Kaya ang mga pinoy pag sinabi mong life insurance sasabihin nila matagal pa ako mamatay kaya hindi muna ako kukuha.

Ang mga Life Insurance ngayon ay Variable Unit Link na ito ay  insurance with an investment component that make it possible for someone to invest in money market vehicle. So habang nagbabayad ka for protection (insurance) the same time nag iinvest ka na.

[SpyDrew]

sorry for double posting but i just want to show what tigerwing talking about his equity fund in Prulife.

Where to build your retirement fund in 10 years
Bank or VUL Equity Fund?

Possible return of Time deposit in bank
If you start with P 0.00 in a savings account earning a 1.300% interest rate, compounded Annually, and make Php 10,000.00 deposits on a Monthly basis in ten years, after 30 Years your savings account will have grown to php 1,659,429.95-- of which Php 1,200,000.00 is the total investment, and php 459,429.95 is the total interest earnings.

Breakdown:
Bank Interest Rate for time deposit: 1.3% per annum
Monthly Savings: php 10,000
Total Savings after 10 years: php 1,200,000
Total savings with interest after 30 years: php 1,659,429.95
Interest gain in 30 years: php 459,429.95

Possible return of VUL investments
If you start with P 0.00 in a VUL account earning a 10 % interest rate, compounded Annually, and make Php 10,000.00 savings on a Monthly basis in ten years, after 30 Years your savings account will have grown to php 10,158,666.24 -- of which Php 1,200,000.00 is the total investment, and php 8,958,666.21 is the total interest earnings. The great thing about VUL is you are cover by life insurance while you building your retirement plan.

Breakdown:
VUL Equity Fund: 10 % per annum
Monthly Savings: php 10,000
Total Savings after 10 years: php 1,200,000
Total savings with interest after 30 years: php 10,158,666.21
Interest gain in 30 years: php 8,958,666.21


Tama ba ako @tigerwing, this is base on 10,000 Monthly savings..

[schwack]

try mo ang AXA philippines maganda siya.

[tigerwing]

sorry for double posting but i just want to show what tigerwing talking about his equity fund in Prulife.

Where to build your retirement fund in 10 years
Bank or VUL Equity Fund?

Possible return of Time deposit in bank
If you start with P 0.00 in a savings account earning a 1.300% interest rate, compounded Annually, and make Php 10,000.00 deposits on a Monthly basis in ten years, after 30 Years your savings account will have grown to php 1,659,429.95-- of which Php 1,200,000.00 is the total investment, and php 459,429.95 is the total interest earnings.

Breakdown:
Bank Interest Rate for time deposit: 1.3% per annum
Monthly Savings: php 10,000
Total Savings after 10 years: php 1,200,000
Total savings with interest after 30 years: php 1,659,429.95
Interest gain in 30 years: php 459,429.95

Possible return of VUL investments
If you start with P 0.00 in a VUL account earning a 10 % interest rate, compounded Annually, and make Php 10,000.00 savings on a Monthly basis in ten years, after 30 Years your savings account will have grown to php 10,158,666.24 -- of which Php 1,200,000.00 is the total investment, and php 8,958,666.21 is the total interest earnings. The great thing about VUL is you are cover by life insurance while you building your retirement plan.

Breakdown:
VUL Equity Fund: 10 % per annum
Monthly Savings: php 10,000
Total Savings after 10 years: php 1,200,000
Total savings with interest after 30 years: php 10,158,666.21
Interest gain in 30 years: php 8,958,666.21


Tama ba ako @tigerwing, this is base on 10,000 Monthly savings..

Kung wala pa life insurance mas maganda mag VUL. But, you have to understand that in VUL's a huge part of your premium goes to.. well.. your life insurance.. Only a part of it go sa investment funds.. So kung ang gusto lang ni TS ay magpalago ng pera (but life insurance is also important).. I would suggest na mag Mutual funds nalang where everything will be invested to your chosen fund. Or if you have the guts, play the Stock market and do it yourself.. 

In my case, nag start ako ng mutual fund sa Prulife 7 yrs ago, then VUL from Sunlife 2yrs ago. Last year I entered the stock market.. So far so good for me.. My stocks gained almost 15% since last year..

[kenji321]

Okay, thanks sa mga info at enligthenment. So it's mutual fund nga. So sa mga nabanggit, sino ang may magandang offer para sa mutual fund? Yung may malaki siguro ang percentage na paglaki at yung naka establish na.

[tigerwing]

Okay, thanks sa mga info at enligthenment. So it's mutual fund nga. So sa mga nabanggit, sino ang may magandang offer para sa mutual fund? Yung may malaki siguro ang percentage na paglaki at yung naka establish na.

punta ka sa site ng bawat company. Dun makikita mo yung performance ng bawat funds na meron sila. But since lahat naman yan ay based sa pilipinas. Malamang hindi nagkakalayo performance ng mga yan. I think lahat nmn ng nabanggit mo ay established na. Sila ung pinakamalalaking financial companies in the philippines so i guess kahit alin dyan ok..

But remember na hindi porket nag start ka ng mutual fund eh automatic na kikita ka. Again it depend sa economiya ng pilipinas. Pwede ka din malugi dyan. Also, madaming klase ng mutual funds, bonds, equity, balance fund, dollar. Etc. Basicaly the higher the gains the higher the risks..