Today, I'll write about some tips about stock market investing.
Read here HOW TO OPEN IN COL FINANCIAL FOR OFW IN SINGAPORE (IREMIT)
COL Financial (formerly CitisecOnline) is a stock brokerage firm. According to Wikipedia, a brokerage firm or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller. There are lot of accredited brokerage firms in the Philippines (see below).
Read here HOW TO OPEN IN COL FINANCIAL FOR OFW IN SINGAPORE (IREMIT)
COL Financial (formerly CitisecOnline) is a stock brokerage firm. According to Wikipedia, a brokerage firm or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller. There are lot of accredited brokerage firms in the Philippines (see below).
Stockbroker | Website | Minimum Investment | Broker's Commission | Affiliate Banks for Account Funding |
---|---|---|---|---|
AB CAPITAL SECURITIES, INC. | www.abcapitalsecurities.com.ph | PHP 50,000 | 0.25% | Metrobank |
ABACUS SECURITIES CORP. | www.abacusonline.com.ph | PHP 10,000 | 0.25% | Metrobank, BDO, RCBC |
ACCORD CAPITAL EQUITIES CORP. | www.philstocks.ph | PHP 5,000 | 0.25% | BDO and BPI |
ANGPING & ASSOCIATES SECURITIES, INC. | www.angpingonline.com | PHP 5,000 (for students); PHP 15,000 (for professionals) | 0.25% | Metrobank |
BPI SECURITIES CORP. | www.bpitrade.com | No minimum | 0.25% | BPI |
COL FINANCIAL GROUP INC. | www.colfinancial.com | PHP 5,000 (COL Starter); PHP 25,000 (COL Plus); PHP 1 million (COL Premium) | 0.25% | BPI, BDO, Metrobank |
DA MARKET SECURITIES, INC. | www.itrade.ph | PHP 50,000 | 0.25% | BPI, BDO, Metrobank, RCBC |
F. YAP SECURITIES, INC. | www.2tradeasia.com | PHP 25,000 | 0.25% | RCBC and BDO |
FIRST METRO SECURITIES BROKERAGE CORP. | www.firstmetrosec.com.ph | PHP 25,000 | 0.25% | Metrobank |
RCBC SECURITIES, INC. | www.rcbcsec.com | PHP 10,000 | 0.25% | RCBC |
UNICAPITAL SECURITIES, INC. | www.utradeph.com | PHP 10,000 | 0.25% | BDO, BPI, Chinabank, Malayan |
WEALTH SECURITIES, INC. | www.wealthsec.com | PHP 10,000 | 0.25% | UnionBank, BDO, BPI, EastWest Bank, RCBC, Metrobank |
Why invest in stock market?
- Liquidity
There are usually buyers and sellers in the market for most major companies. As a result, you can buy and sell at your convenience. Ito yung tinatawag na liquidity madali mo bang makuha ang ung investment mo.
- Cost
Another thing to take note of is that the cost. Mababa lang ang cost in investing into stock market. Please check your stock broker fees and charges. Halimbawa for COL Financial their commission fee has a minimum charge of Php20 per transaction.
- Low capital requirements
You can start investing with Php 5,000 minimum investment depende sa stock brokerage firm (check the table above). Pag bibili ka ng shares of stocks may board lot depende sa minimum required ng stocks, kung ilang un pasok na board lot sa available balance mo yun ang mabibili mo.
- Simplicity
Buy low, sell high. Yet another advantage is that information about shares you're holding is easy to obtain. Pwede mong ma-check ang stock prices mo thru newspaper and sa internet. Public companies are also required by law to produce an annual report (which is sent to shareholders), disclosing their financial track records for the previous year.
How to earn in stock market?
- Sell when you hit your target price
Good investors invest in the long term. There is one strategy where in you buy and hold good stocks using peso cost averaging so kahit anung presyo nito bibilhin mo siya. Good stocks pay out much more over the long run.
- Cash Dividends
Dividends are a benefit to owning shares in a company that is paid out depends on the company. Ito yung cut mo sa kinita ng company. Stable companies often pay out dividends to keep investors happy because their stock price does not often change. Dividends are a great way to reinvest your cash dividends.
- Invest only if you have surplus money in the bank
First, review your finances and ask yourself. Meron ba kong extrang perang pang-invest? May credit card debts ba akong binabayaran? Meron ba akong fund incase mawalan ako ng trabaho or emergency? If you don't have spare money to invest, currently carrying debts and still saving for emergency fund maybe what you can do is #aralmunabagoinvest. Practice creating a budget and a plan para pagpasok ng income mo ay maibabawas mo na agad ang para sa savings mo. Ideally, put 3-6 months of your monthly expenses sa emergency fund para incase something happens hindi mo mapupull-out un mga pinasok mong money sa stock market ng palugi.
Income - Savings/Investments = Expenses
- Invest with a plan.
How long you want to stay invested? Are you investing for your retirement? Are you investing for a child's college education? Are you investing to provide extra income? Ito ay ilan lamang sa mga tanong na ikaw lamang ang makakasagot. Whether you are investing in stock market, mutual funds, bonds, etc. have a plan. The key is to make your plan visible para alam mo yung target mo. Mas masarap at mas gaganahan kang mag-trabaho kapag alam mo yung investing goals mo.
- Educate yourself, reasearch companies
Learning is a continous process. Learn some basic terminologies, watch helpful videos like Pesos and Sense. Don't invest solely in one company. An ideal investor will have a diversified portfolio. This means you'll have money in a variety of stocks with different goals. Take time to study so you'll learn how to recognize high-fee investments, best investment for you (avoid sweet salestalks) and move toward a purposeful investment strategy.