Well, that was fast! Three weeks ago I announced in a blog post about COL’s Smart Investing Summit to help spread the word to fellow Filipinos, and now here I am writing about the exciting and educationally fulfilling event after a press release by its organizers.
COL Financial (which is currently the Philippines’ largest online stock broker), in partnership with SM Investment Corporation, has just successfully concluded their nationwide financial literacy summit called SMart Investing – COL’s 2016 Wealth Building Summit for the Filipino Investor. The summit aimed to educate Filipinos so they can better understand how investing and the stock market works. Continue reading →
Last week I had the chance to revisit my COL Financial account after my colleague (who helped me identify which stocks to buy) alerted me that the PSE (Philippine Stock Exchange) stocks I bought sometime in June last year were actually doing good. It has been one year since the time I opened my COL account, and it’s really exciting and rewarding knowing that a year has already passed since I first invested, and now is the right time to see if my “long-term” investment strategy is already bearing fruit. Most readers have been waiting and asking for this brief, so here goes my second update on my investment experience with PSE stocks.
Together with a friend, I finally got the chance to attend the last day of the Money Summit and Wealth Expo 2016 last Saturday. Since we weren’t able to attend the talks, we just looked around the Expo and decided to talk to people and explore the latest financial investment instruments available to the Philippine market. Continue reading →
Today I received a Facebook message from 22 year old Paula, an avid reader of my blog, with below question:
Hi! Your blog is truly an inspiration for a newbie like me. I am incredibly inspired! I’m 22 yo and I am thinking of investing but I am confused where to invest first. Will it be equity fund or in stock market. For your preference, I know this message might be too much info to give, but I want to take a shot. Thanks in advance!!! – Paula
It’s a great question, actually. As someone (myself) who’s not really technically knowledgeable about investments but instead bases his decisions on research, continuous “testing of the waters” and experiences, I think that this question makes a lot of sense and deserves to be shared to the readers of my blog. Continue reading →
In my first article on my investment experience with COL Financial I mentioned that I will “just invest in the long term and just check my balances after maybe 5 years or more” and that within my first few days of investing my stocks turned all negative but what the heck I’ll wait it out, we’ll, here’s an update.
The reason my update came too early (I was planning to write an update after about a year asI was expecting only small changes since I was investing in the long term) was because I received an email from COL Financial stating that I earned a cash dividend on one of my stocks. Guess I didn’t expect I’ll be receiving a cash dividend and that I’ll be receiving it that soon! Continue reading →
I’ve written about my investments on forex, equity fund, and the stock market, and I thought it’s important to discuss the difference between bull and bear markets for us to better understand and help us in setting our expectations when news outlets announce a bullish or a bearish market. Another excellent benefit of knowing this is that it will make you look smart during discussions with your boss and the executive team at the next company night out. Continue reading →
I’ve constantly heard of COL Financial (formerly CitisecOnline) as a reliable Philippine Stock Exchange broker from my credible friends and colleagues over the years. However I’ve always turned down ideas on investing in the stock market, as I know for a fact that I am a VERY emotional trader, as I’ve written in my forex article.
Times changed and for some reason I just woke up wanting to invest in the stock market, maybe because of the constant ‘nagging’ by my colleague (thank you my genius colleague, by the way), him showing me how he can easily earn up to 80K in 3 days. I am not going to discuss that in this article as I couldn’t understand how he was able to predict the 3-day market movement, and of course, that also took a lot of capital on his end. Every morning at our desk, he always showed me how it worked with all those technical jargons that I did not even understand. Then I asked him: since I already told you that I am a very emotional trader and I don’t think I can handle trading and monitoring the market on a daily basis, is it possible to just invest in the long term and just check my balances after maybe 5 years or more? His answer: Yes. He also showed me how much more I could’ve earned had I just invested in the stock market in the long term than investing on equity fund 2-3 years ago. Continue reading →