MAGKANO ANG KINITA NG 100K KO SA TAGUM COOP 🤔🤔🤔

Summary

In this video, the creator shares their experience with Tagum Coop, a cooperative investment platform based in Mindanao. They discuss how individuals from all over the Philippines can become members and benefit from earning passive income through investments, with a minimum deposit of PHP 500. The speaker reveals how they earned PHP 8,600 in dividends after one year of investment and emphasizes the importance of long-term planning for financial growth. Additionally, the coop offers convenient online monitoring and reinvestment options to further grow one's funds. The video aims to inform viewers about this opportunity while cautioning that all investments carry risks.

Takeaways

• 😀 Tagum Coop is available to members from all over the Philippines, not just Mindanao. Even if you're from Laguna, you can join.
• 😀 The minimum requirement to open a savings account with Tagum Coop is Php500 for a maintaining balance.
• 😀 To start earning interest on your savings, you need at least Php1,000 in your account.
• 😀 Tagum Coop offers dividends, but to be eligible, you need to invest Php8,000 in share capital.
• 😀 Dividends are distributed annually in April, and this year, the user earned Php8,600 from their Php100,000 investment.
• 😀 Tagum Coop offers a mobile app that allows members to monitor their accounts and transactions online.
• 😀 Reinvesting earned dividends can lead to compound interest, making it possible to grow your savings even faster over time.
• 😀 While Tagum Coop is a long-standing institution, all investments carry risks. The speaker advises caution and only investing money you don’t need for emergencies.
• 😀 Tagum Coop also provides an ATM card, allowing members to withdraw their dividends easily.
• 😀 The speaker emphasizes the importance of treating this as a long-term investment and not using it as an emergency fund, as it’s not easily liquidated.

Q & A

What is Tagum Co-op, and where is it located?

Tagum Co-op is a financial cooperative based in Tagum, Mindanao, Philippines. It offers various financial services such as savings accounts, share capital investments, and dividends to its members.

Can I join Tagum Co-op even if I am not from Mindanao?

Yes, you can join Tagum Co-op even if you're not from Mindanao. The cooperative allows online membership registration, so you can become a member regardless of your location, as long as you meet the requirements.

What are the requirements to open an account with Tagum Co-op?

To open an account with Tagum Co-op, you need a minimum maintaining balance of Php500 for a savings account, Php1,000 to start earning interest, and Php8,000 in share capital to qualify for dividends.

How much dividend did the speaker earn from their Php100,000 investment?

The speaker earned Php8,600 from their Php100,000 investment in Tagum Co-op over the course of a year.

When are dividends distributed by Tagum Co-op?

Dividends are distributed annually in the first week of April each year.

Can I reinvest my dividends to earn more next year?

Yes, you can reinvest your dividends by transferring the amount into your share capital or savings account through the cooperative's app, which helps increase your earnings for the following year.

Does Tagum Co-op provide any physical banking services like ATMs?

Yes, Tagum Co-op provides ATM cards to its members, which can be used to withdraw dividends and manage their accounts.

Is Tagum Co-op a safe investment option?

While Tagum Co-op has been operating for many years and is considered a safe option, it is important to remember that all investments carry inherent risks. It is not a liquid emergency fund, and any investment should be considered as long-term.

What is the primary reason the speaker invested in Tagum Co-op?

The speaker invested in Tagum Co-op primarily to generate passive income and grow their savings over time, as opposed to using traditional banks with lower interest rates.

What should I consider before investing in Tagum Co-op or similar financial products?

Before investing, you should ensure that the amount you're investing is not needed for emergencies, as the funds are not easily accessible. Additionally, understand that there is always some risk involved, even in long-established institutions.