The bull ravages the bear in stock market! And of course, investors in stock market, mutual fund, UITF are in glory days. This noise makes other people think how they can join this rally and some friends in facebook asked me for guidance how to start. Then I realized, I still don't have a blogpost explaing how to invest in Philippine Stock Market. Haha!
It is easy, like just opening a bank account. See below illustration from CitisecOnline.
*Click this to download their forms here.
*For the Php5,000 initial minimun funding, don't fret, after confirming your account you can use that same Php5,000 to invest in company of your choice.
Done in registration? What's next? There are different types of investing strategies you can do.
-- FUNDAMENTAL - You will invest based on assests and liabilities of the company, its upcoming projects and future plans.
-- ANALYTICAL - Investing depends on charts
-- COST AVERAGING - You will put amount monthly even the price rises and falls.
-- INTUITION - Trusting your instinct and emotion.
So what do I use? I do fundamental. How to start, there's a great numbers of companies enlisted in PSE. The answer, be mindful on your surroundings. Are you a big fan of Max's Fried Chicken? Of course you are consumer of Meralco or a depositor of BPI, do you own a condo constructed by SMPH? Go to their website, look for Investors' Corner and read their Balance Sheets and Annual Reports. You need to determine the intrinsic value of the company.
For Trading/Analytical, you can look for seminars on that. I am sorry, I cannot tackle that because I do not know how to read sticks. Sorry. Hey, but no budget to learn from experts? Try to use Investigram.
No time to think? Group like Bo Sanchez' will give you a table of companies what to buy and sell in a certain time. But of course for a fee. You want free? COL also provides this kind of service, click on 'Reasearch Tab' and look for 'Investment Guide' and you can find there the list of BUY-SELL-HOLD.
Have you heard about investing based on intuition? This can be harnessed over time. Rely on your instincts, it will lead you at the right path. Yes! I trust my intuition. I read many companies' annual reports but I still put my money where my instinct points me to. Groups like Traders Apprentice Pilipinas do this. You can find Sir Tony Herbosa and learn from maestro himself.
Here you go! Open up an account and decide what is your goal and exit plan. Are you a long term investor or a trader?
PS: Invest only the money you afford to loose! :)
Do you have another strategy in mind? Comment below. For now, newbies can focus on these. This is to avoid information overload or analysis paralysis.
 |
| My Husband's Stock Portfolio |
 |
| My Stock Portfolio |
It is easy, like just opening a bank account. See below illustration from CitisecOnline.
 |
| https://www.colfinancial.com |
*Click this to download their forms here.
*For the Php5,000 initial minimun funding, don't fret, after confirming your account you can use that same Php5,000 to invest in company of your choice.
Done in registration? What's next? There are different types of investing strategies you can do.
-- FUNDAMENTAL - You will invest based on assests and liabilities of the company, its upcoming projects and future plans.
-- ANALYTICAL - Investing depends on charts
-- COST AVERAGING - You will put amount monthly even the price rises and falls.
-- INTUITION - Trusting your instinct and emotion.
So what do I use? I do fundamental. How to start, there's a great numbers of companies enlisted in PSE. The answer, be mindful on your surroundings. Are you a big fan of Max's Fried Chicken? Of course you are consumer of Meralco or a depositor of BPI, do you own a condo constructed by SMPH? Go to their website, look for Investors' Corner and read their Balance Sheets and Annual Reports. You need to determine the intrinsic value of the company.
For Trading/Analytical, you can look for seminars on that. I am sorry, I cannot tackle that because I do not know how to read sticks. Sorry. Hey, but no budget to learn from experts? Try to use Investigram.
No time to think? Group like Bo Sanchez' will give you a table of companies what to buy and sell in a certain time. But of course for a fee. You want free? COL also provides this kind of service, click on 'Reasearch Tab' and look for 'Investment Guide' and you can find there the list of BUY-SELL-HOLD.
Have you heard about investing based on intuition? This can be harnessed over time. Rely on your instincts, it will lead you at the right path. Yes! I trust my intuition. I read many companies' annual reports but I still put my money where my instinct points me to. Groups like Traders Apprentice Pilipinas do this. You can find Sir Tony Herbosa and learn from maestro himself.
Here you go! Open up an account and decide what is your goal and exit plan. Are you a long term investor or a trader?
PS: Invest only the money you afford to loose! :)
Do you have another strategy in mind? Comment below. For now, newbies can focus on these. This is to avoid information overload or analysis paralysis.
Note: This blogpost is not in any way sponsored by CitisecOnline.
Study before invest. Invest at your own risk.
