I am happy that finally I'm in the Stock Investing
By airkulet
@airkulet (2700)
Philippines
March 1, 2013 11:52pm CST
If you could remember before I also put a discussion here about my queries in investing on the stock market, and no one actually interested to reply except one that my answer that I am looking for couldn't find it here, since most members were not into investing and more like for earning more money.
Fast forward today, after delaying it and holding my tempt to invest I was finally applied in the number one broker in the Philippines and I put all my earnings accumulated online and invest it on the stock market. I was able to buy shares from blue chips company like Ayala, SM, Jollibee and commercial banks.
I am thankful that I pursue it although my gains was just little for now this is actually for our retirement funds so I am looking at it as a long term investment. I put all my earnings in the online world and somehow I also put what's left in my pocket after all the bills get paid and saves emergency fund for the family.
Investing in the stock market changes also my perspective in spending like for example I was looking for a dress that I will use for a wedding of a friend and then I change my mind because the price of it can actually gave me a lot of shares in the stock market so now I am opting for renting my dress which can only cost $10
4 people like this
23 responses
@SIMPLYD (90722)
• Philippines
2 Mar 13
I am also planning to invest on stocks , once our daughter has finally graduated in her medical studies.
So can you at least teach me how to do it kulet? Why online? I am afraid of transacting online actually, because of a lot of scams done through the net. How much can one initially invest? How did you send your payment?
1 person likes this
@airkulet (2700)
• Philippines
2 Mar 13
Hi simplyd I use www.colfinancial.com as my main broker, they are actually online base, if you could remember back in 2011 GMA7 launch program called "Pesos and Sense" you can watch them now in Youtube having 13 episodes only, Aya Laraya the main host and financial advocate promote COL to enter in the stock market and base on reviews and forums online COL is the best and number 1 broker in the Philippines.
You can start investing by just only Php5,000.00 and you don't have to worry which company to buy because COL recommends company to buy that can still be pwoerful even after 10, 20 to 30 years they provide research eveyday about each company the recommend and it is updated daily especially if there is happening on the company like merging or putting up a new project.
As for payment I use BPI to transact and funds my cash balance in COL, and I do these on my computer without having to call the broker or go to their office.
By the way I apply and download their forms on their site and send it through mail I am in the province and I cannot go directly to their office in Ortigas which is really convenient with me without having trouble of travelling and finding their office
1 person likes this
@SIMPLYD (90722)
• Philippines
2 Mar 13
Can the site you mentioned , give me all the details i need to know on how to invest on stocks online. So, what is the evidence that they give that you have invested in their stocks?
@quawertz (777)
• Philippines
6 Mar 13
I am so glad that I stumbled upon this discussion. I've been wanting to invest in a stock market for the longest time but I don't know where to start. The forums that I read usually don't help because I don't understand the terms used.
May I ask, what kind of account did you open at BPI? Is it just the regular one or do they have a special account for Stock marketing?
1 person likes this
@airkulet (2700)
• Philippines
7 Mar 13
if you will choose BPITrade you'll need to open an account on the branch I guess it needs approval of the bank manager but if you will choose COL just send them a snail mail of forms https://www.colfinancial.com/ape/Final2/home/pdfs/col_all_personal_forms.pdf print and fill up together with a xerox of government id and latest billing in your name, I actually prepare COL broker than BPITrade but I use my BPI account to fund my account in COL
@joliefille (3690)
• Philippines
13 Mar 13
That's a good idea. I have one question. How long till you actually see money from it that you can withdraw?
1 person likes this
@stanley777 (9402)
• Philippines
3 Mar 13
I have seen it before on TV, their topic was about stock investing and I find it interesting too.The guest, whom I think had a long time experienced with brokering says that if one is planning to invest in stocks he/she must approach a licensed stock broker. This is the first time I've heard that we can do it on line.
I have started a small business before (buy and sell) but it didn't turned out well so I have to stop. I'm a bit skeptical upon reading your topic but as you have stated it's doing fine, I guess I would give it a thought too.
1 person likes this
@stanley777 (9402)
• Philippines
3 Mar 13
Yes, I would love to have a small business of my own but the thing is it's much more riskier than I thought. As I have said I have closed down my buy and sell business and up to the present I still have some stocks to dispose. Maybe when I recover some of my capital back, I'll try stock market too.
@airkulet (2700)
• Philippines
3 Mar 13
yes they suggest that you find a good brokerage firm but they also highly suggest COL as your broker the site is simple and even younger in teens can understand it, but I still suggest you to pursue your business and then when it earns save a little to buy some shares in stock market
@Aja103654 (5646)
• Philippines
2 Mar 13
I am interested in the stock market recently. i want to become an investor too, hopefully I will become one before I reach 30.
Where did you learn to invest? I think it is a great way to gain passive income. If I have saved enough money, I would definitely invest some of it.
1 person likes this
@Aja103654 (5646)
• Philippines
4 Mar 13
Thank you! I am going to check it out. I should research more. 
@mariaperalta (19073)
• Mexico
2 Mar 13
Im not much of a gambler, and I know the stock market can be a 
gamble. My father has done well in it over the years. its just not for me. Good luck to you. i hope you earn lots of $$$
gamble. My father has done well in it over the years. its just not for me. Good luck to you. i hope you earn lots of $$$1 person likes this
@mariaperalta (19073)
• Mexico
3 Mar 13
well, hes a car dealer. But he does trade some on the ny stock market.
@stealthy (8181)
• United States
3 Mar 13
I don't know if I answered your previous post or not. But I am an investor. I worked for a little over 12 years and then got laid off when my whole department was being closed at a large well known laboratory here in the US. I had always saved at least 20% of my income and had begun to invest. I was able to live and save off of the income from my investments for over twenty years of being unemployed and now also have some added income from retirement and Social Security. But the major part of my income is still from investments. The key is to live frugally but to have some safe investments that have a decent dividend and to also make some riskier investments that have a high yielding dividend. I still do that. Presently my higher risk high yield investments are in mortgage REITs here in the US that have a yield of around 15%. Some of my safe investments yield 4 to 5% and I reinvest the dividends from those in the same stock; my main one there is ATT. Of course I don't know what is available to you in the Philippines and if investing in foreign stocks is easily doable. But you are smart to do it and only you can decide how much to put into conservative safe investments and how much to put into riskier ones.
@hotsummer (13837)
• Philippines
2 Mar 13
I think I should also consider being in stock market. As I have read things lately is good for stock market.
1 person likes this
@marguicha (222994)
• Chile
2 Mar 13
I hope you have success, airkulet. I did not reply as I don`t have the least idea about stock investing. But I do hope that it works for you. Happy posting!
@checkmail (2039)
• India
3 Mar 13
Hello airkulet this is checkmail and me too very interested in trading stocks even have gone through its educative material.And real to tell you its amazing, how we make quick buck through proper mathematical and economic calculations with an proper strategy.
Me too waiting for funds now, would trade stocks as soon as possible.
@airkulet (2700)
• Philippines
4 Mar 13
hi checkmail I am not into trading because it is riskier than any investment or equals to networking, I am looking for a longer terms of investment, actually today is my first time of selling a stocks because it reach its target price, but still willing to bought it again once the price become low.
By the way I bough Filinvest just for fun that costs 1.71 with 1000 shares and now that it became 2 I am selling it in the market today, but this is just an experiment I just want to try if I sell my shares of course its not big as what you all think but just for experience and learning only.
I'll said it again I am not a trader or tsupitera I just invest for the college of my son and for our retirement
@p3ks626 (6538)
• Philippines
3 Mar 13
I have always thought about investing the in the stock market but I dont know how to start. I dont know what to do and to which company I should invest. I ahve invested online and earning a few dollars from it but the disadvantage is the risk.
1 person likes this
@sweetloveforeve (13120)
• Portugal
2 Mar 13
i wish you can have good profits from your investments. online working isnt easy to find mostly one that really pays you. mylot is a serious place so keep working here. and also try to look for other offers. some people want people to write articles and in exchange they pay you for it. so good luck for you ^^ wish that soon you can have a lot of money.
1 person likes this
@jeanneyvonne (5501)
• Philippines
4 Mar 13
Also in investing. my broker still have t tell me whereto put my money and I'm itching to try it. I'm gonna try the traditional courses first before going online. i better get my options open. good thing I bought that investment book - really helpful and best investment I have yet made.
@bostonphil (4459)
• United States
2 Mar 13
I wish you good luck. I own some stocks. I began investing in 2007, just before the big plunge. I have had some misses abut I have also done well on others. Actually, I would do well on some if I sold them. I still can not figure out how to report Capital Gains and Losses so I have held off selling. Right now, the stock market in the United States is very high, maybe an all time high, so I do not know if this is a good time to invest. I have learned that you need to invest when the market is low and sell when it is high.
1 person likes this
@airkulet (2700)
• Philippines
3 Mar 13
actually our market in the Philippines depends mostly on US market and you are right actually all company now in the Philippines are so high our PSE climbing up non-stop every-time the market is open. I hope you get back on the right track again in investing stocks, Luckily for me my broker provides information for all I need it even have an excellent program to know if my portfolio gains or loss
@allen0187 (58582)
• Philippines
2 Mar 13
good for you then if you have already started investing in the stock market.
this is something that i want to do as well. i'm already investing in mutual funds and other investment products offered to me by my two banks. i'm happy with the returns i've earned so far but like any good investor, i want to diversify and going into the stock market is my way of diversifying my investments. i've checked the site that you mentioned, col financial, and i'm still reading through it. once i've seen that the service that they offer is a good fit to what i want, then i'll open an account and start doing business with them.
thanks for sharing this one airkulet.
cheers and happy mylotting!!!
@airkulet (2700)
• Philippines
3 Mar 13
that's good Allen actually I don't have any idea in Mutual Funds I search for it and starts with a big capital so I end up in stocks which is you can start in a small capital.
As far as I know Mutual Funds is a investment manager, that invest your money in stock, bonds , and etc and I think it is not called diversified if you also invest on stocks or maybe I am wrong?
@scheng1 (24649)
• Singapore
9 Oct 15
I wonder how your investments are doing now.
Investing is an activity that requires your attention, and you have to watch over it carefully like watching the eggs in the basket.
Never let the cats get hold of the basket.
In the same way, every news that you read will affect investing in some ways.
@magtibaygom (4858)
• Philippines
2 Mar 13
That's nice to hear from a fellow Filipino like you. Keep it up!
Also, try to invest not for the purpose of selling stocks at higher price later, but for the purpose of owning a portion of good companies. You know, owning shares of good companies, is like being an owner of that company. A part owner I mean.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
2 Mar 13
That is great!
I know stock investment is one great source of income. I am also investing in stock but with our cooperative. I didn't have much money to invest online and this is aside from the fact that I do not know how to do it.
As of now I am just doing some online work in order to earn some amount which could add to my savings. Hopefully i could also try this kind of online investment in the days to come.
Have a great day!
1 person likes this
