Tuesday, January 26, 2016

What is a Stock?

What is a Stock?
A stock is simply a small piece of a company. A publicly listed company is one that has issued shares by selling them to the general public. When you buy shares of a company, you become a part owner or a shareholder.

What is Stock Market?
According to Investopedia, "The stock market lets investors participate in the financial achievements of the companies whose shares they hold." The stock market is a place where stocks of different companies are bought and sold. "

The stock market is a place where stocks of different companies are bought and sold.

How Do You Make Money on Stocks?
As a Shareholder, you can now participate in the company's growth and success through stock Price Appreciation and by earnings thru Dividends. A dividend is a payout that some companies make to shareholders that reflects the company’s earnings.

You can reinvest the dividends to keep your money grows. The second is when a stock you own appreciates in value, sell when the stock’s price goes up.

How do I buy stock in the Philippines?
You have to open a brokerage account. A brokerage account is an account through which you will do the buying and selling of shares. It is usually tagged with a brokerage firm (for example COL, First Metro Sec), which will transact trades on behalf of the instructions of the client.

Brokerage firm is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller. To make sure, you can get a complete list of accredited stock holders by visiting the Philippine Stock Exchange (PSE) website at www.pse.com.ph.

Opening of Account
While opening a brokerage account is quite similar to opening a standard bank account, please check the listed requirements needed by the brokerage firm. Basic requirements are two valid ID’s, signature cards and proof of billing address. For OFW’s in Singapore you can open COL account in iRemit, please follow this link,
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