The Philippine Stock Exchange has reached an historic and all-time high 6,000 mark today, January 7, 2013.
To an ordinary citizen and for those who refuse to learn how to invest in the Philippine stock market, this news mean nothing. But if you are part of the very small Filipino population who invest in the Philippine stock market, consider yourself lucky for reaping the rewards of being a high-risk taker. Continue reading Are You Part of the Lucky 1%?
Investing in the stock market has always been perceived generally as “only for the rich” or “only for the intellectuals”. These are false notions. But who’s to be blamed for this?
Most of our college professors who taught business, finance or accounting NEVER taught us (or insisted) that anybody who saves money regularly can actually invest in various financial instruments in the Philippines. We were raised up hearing the line, “Mag-impok sa bangko” (Save money in the bank). We were taught to SAVE but not to INVEST. Don’t tell me that I was absent in classes. Continue reading Why I Advocate Stock Market Investing for OFW’s