LEARNING HOW TO INVEST ON STOCKS FOR AN ORDINARY FILIPINO CITIZEN?
The Philippine Stock Market. New to investing on stocks? Here's a brief information about PSE. It was named The Manila Stock Exchange, Inc. (MSE) was established on August 8 1927 by five businessmen, namely, W. Eric Little, Gordon W. Mackay, John J. Russell, Frank W. Wakefield and W.P.G. Elliot.
Afterwards it was named Philippine Stock Exchange (PSE). Basically it function as the market of the different industry in the Philippine. Investor both foreign and local are putting their capital on it that would eventually grow. Trading stock in different company is the game. As a citizen among the millions living here in the Philippine what does it do about me. Honestly I often heard it on the media but wasn't able to grasp what do they do. But now I had views about finance and business. I can read and grasp what are their business in the economy.
Basically it's about investing, capital and you'll be thinking this is for the rich people. We to tell you when I did understand the concept on how to take advantage of what they do, I spend on the internet researching how stock market goes. I would love to share this kind of investment to you. I would first tell you a story about how it works.
Afterwards it was named Philippine Stock Exchange (PSE). Basically it function as the market of the different industry in the Philippine. Investor both foreign and local are putting their capital on it that would eventually grow. Trading stock in different company is the game. As a citizen among the millions living here in the Philippine what does it do about me. Honestly I often heard it on the media but wasn't able to grasp what do they do. But now I had views about finance and business. I can read and grasp what are their business in the economy.
Basically it's about investing, capital and you'll be thinking this is for the rich people. We to tell you when I did understand the concept on how to take advantage of what they do, I spend on the internet researching how stock market goes. I would love to share this kind of investment to you. I would first tell you a story about how it works.
HOw TO START INVESTING ON STOCK MARKET in the philippinesPeople who long before interested of buying share has no idea how to do it. I met this man about 40 years of age who knows term about stock. He mentioned terms like "Bullish, Bare Market, Day Trading etc." Wew I said this man pretty knows about terms. But one thing I know that he wanted to pursue on this particular investment. We're even like friends on that day. So instant, I really made friends thru stocks. Wow! I just realize it just now. So i'm very glad I was the one to introduce and guide him how to work this out it's a pleasure to me. Being a stock holder of a company surely made you proud. How much more when you learn the in's and out of it.
Before buying your first stocks. Rule of the thumbs is that you need to have an objective. Why do I want to invest on stock market? Is it for quick profit? Retirement? Future purchase etc. Because when you know it. You should have a certain discipline to become a habit. When it's a long term investment better focus long term. Because there are many traders out there who buy and sell stocks immediately after having some quite a bit profit who 80% of them lose money whenever the plan isn't working well. If you are interested on buying stock but didn't have any idea how to access the market. I will be glad to guide you. There are two ways on investing on stock market. 1. The Traditional Stock Broker who you call on phone - you may inquire in PSE about this. 2. The Online Trading which I prefer. Yes you could do trading online. Right where you seat at! You could do it in a few minutes as long as the market is open. Go to Col Financial and go to "open an account" and "forms and requirement" download the Easy Investment Program (EIP) application forms and have a P5,000 that you need to invest initially after creating an account. After you mail the requirement to COL a associate from COL will advice you to fund your account, you will receive your log in number and password. After the funding could buy your first stock and can regularly invest and buy stocks online. Be sure to study it online from the faqs page of the COL website. One requirements is having a bank account from BPI, BDO, or Metro Bank either one for method of funding and payment. About Col Financial, It is the no. 1 online stockbroker in the Philippine Stock Exchange, ranked by the PSE in 2008 for the highest trade transaction volume in the industry. Today, we continue to maintain our position as the online leader with more than 30,000 customers and Php15 Billion in customer equity. Stay ahead with an institution managed by stock market experts who comprise the largest capitalized broker with over Php1 Billion in stockholder's equity. In short they are a credible company that we can trust. Bro. Bo Sanchez also invest on COL. He is a public figure and motivational and spiritual speaker. Note: Remember I'm not promoting anybody and even the company. I would just like to share how this program blessed me. I'm not also a COL employee. I'm just here to share you this kind of blessing for me. |
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MY STORY ABOUT HOW I INVOLVE IN STOCK MARKET
I learn how to invest on stock through a friend, it happened around the work place when I was still employed. A friend and he was right in front of the computer, I saw some numbers which I couldn't tell what is all about. I was doing online investment at that time. I ask him if it is the kind of concept I was doing online he said no. I ask also if it is safe to invest. First he explain to me the how it works online and how I can do it. He told me that I should mail an application to this company and have a 5,000 initial investment in the program. Well I said it's worth a try. I knew 5,000 is a good money to spend on things, But I wouldn't felt uncomfortable of putting it on the program that would grow since I am very open to opportunity and risk. So he introduce me about Col Financial the number #1 stock broker online in the Philippines. see website www.colfinancial.com.
Notice that I gain 22.69% on my investment within 2 months period. If you are a saver in the bank. It is wise and advisable to put it in valuable stocks. We know that bank wouldn't give you a return of your money with this profound gain in interest. It would mostly offer 1-4% ANNUALLY. Could you imagine 4% for a year. So I can't recommend you to put and sit your money on the bank for years.
But before doing so do your home work. Research research research first!
You could everyday check it online to see how it is growing. I am very thankful to my friend "Joros" for helping me with my account set up.
Remember it would only take P5,000 and the The rest is up to you how much you put not compulsory. I would recommend you to do this long term in a monthly or weekly basis. It would reach millions in a few year while you put it regularly. Remember to put the kind of money you wouldn't touch here. It's not a rich quick scheme but it is possible to gain capital or retirement here. So again this is just ways of investing and growing your money.
One of the rich man in the world known for stock investing is Warren Buffet Quoted "Be fearful when everyone is greedy, be aggressive when everyone is fearful" he is just referring on buying on stocks. Just don't worry if the stock you bought are getting low. It is good because you can buy more share. And eventually your stock will grow soon. Remember also the stocks you are buying are the company with good value. Please do research first.
To keep in touch please use the contact page of this website. God Bless Us!
But before doing so do your home work. Research research research first!
You could everyday check it online to see how it is growing. I am very thankful to my friend "Joros" for helping me with my account set up.
Remember it would only take P5,000 and the The rest is up to you how much you put not compulsory. I would recommend you to do this long term in a monthly or weekly basis. It would reach millions in a few year while you put it regularly. Remember to put the kind of money you wouldn't touch here. It's not a rich quick scheme but it is possible to gain capital or retirement here. So again this is just ways of investing and growing your money.
One of the rich man in the world known for stock investing is Warren Buffet Quoted "Be fearful when everyone is greedy, be aggressive when everyone is fearful" he is just referring on buying on stocks. Just don't worry if the stock you bought are getting low. It is good because you can buy more share. And eventually your stock will grow soon. Remember also the stocks you are buying are the company with good value. Please do research first.
To keep in touch please use the contact page of this website. God Bless Us!
After 7 months since my last update on these topic. Had a hard ride back on June 2013 losing PSE index by 900 pts. still I manage to cut some lost.
But when you're in for the long haul you don't need to worry about and I did some research I'll tell you some facts later.
So back to basics. For us to be able to spend on investing you need to have a certain habits. These habits will help you on your ease on doing the process and accumulate something and big eventually which we call savings. Remember I started only for P5,000 only and after 7 months I added another almost P15,000 not that big for a basic salaried employee but still I manage to add on my portfolio. I did some sacrifices in the process but it's normal when you're trying to do something.
Before you start doing your saving. You need to do some delaying gratification that's why we do saving on the first place co's it's really something hard to do and it really wears you out in the long run, specially when you want to buy something immediately. I'm just telling you need some sort of motivating and sense of purpose on doing it. I'm actually bit happy that what I'm doing so far well that's the point isn't it. Just be happy on doing the process and enjoy it. You just need to take care of the blessing that comes from our Lord.
But when you're in for the long haul you don't need to worry about and I did some research I'll tell you some facts later.
So back to basics. For us to be able to spend on investing you need to have a certain habits. These habits will help you on your ease on doing the process and accumulate something and big eventually which we call savings. Remember I started only for P5,000 only and after 7 months I added another almost P15,000 not that big for a basic salaried employee but still I manage to add on my portfolio. I did some sacrifices in the process but it's normal when you're trying to do something.
Before you start doing your saving. You need to do some delaying gratification that's why we do saving on the first place co's it's really something hard to do and it really wears you out in the long run, specially when you want to buy something immediately. I'm just telling you need some sort of motivating and sense of purpose on doing it. I'm actually bit happy that what I'm doing so far well that's the point isn't it. Just be happy on doing the process and enjoy it. You just need to take care of the blessing that comes from our Lord.