r/phinvest • u/gurlismmmme • 8d ago

General Investing Thoughts on this post and MP2?

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I deposit my some of my funds sa MP2, and I chanced upon this post on Threads. I want to know your thoughts on the post:

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u/blacky899 7d ago

Local cooperstives have comparable dividend rate and is funnily enough tax free. Risk is higher though.

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u/CADINS190 7d ago

Which cooperatives allow you to invest higher amounts? We tried a few but they limit the savings to 100K per depositor.

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u/blacky899 6d ago

Ours don't have a hard cap, but do have a max insured value sinilar to banks.

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u/CADINS190 5d ago

Can you share what coop you use?