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Questions and Answers
A time deposit has a fixed interest rate and can be withdrawn at any time with no penalty.
A time deposit has a fixed interest rate and can be withdrawn at any time with no penalty.
False (B)
Investing in shares of stocks guarantees a fixed income through dividends.
Investing in shares of stocks guarantees a fixed income through dividends.
False (B)
Managed funds only invest in bonds.
Managed funds only invest in bonds.
False (B)
Investing in a savings account is insured with PDIC up to P1,000,000.
Investing in a savings account is insured with PDIC up to P1,000,000.
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Investment in property is limited to real estate only.
Investment in property is limited to real estate only.
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