Originally Posted by keithAngel
yup how sustainable is that i wonder.....sub=prime anybody?
Well I have no idea how sustainable it will be in the future months as the current climate will have a knock on effect on most financial institutions let alone rural banks in the Philippines!!
However past sustainability has proven to be quite resilient as there are those who are almost at the end of their 5 year term. (Many expats included)
I myself have not invested in these products but if I did I would put no more than 500K Pesos into any one acc as this is the amount now insured by the PDIC.
I think I shall just wait this financial crisis out here on my pittance of an income and struggle on till the dust settles before I decide where to place my pitiful amount.
