About two weeks ago, I posted a topic how to invest in Philippine stocks via the broker COL Financial.
While that post was mainly intended for overseas Filipino workers or OFW’s who do not have the luxury to go back to the Philippines to open their first stock market portfolio, anyone interested to start investing via COL Financial may refer to the procedures and requirements I wrote there.
I know it’s a bit overdue and I have not posted yet the procedures on how to set up your EIP stocks via the COL Financial platform should you opt to open an account with them.
Setting Up Your EIP (Easy Investment Program) Portfolio
For most of those who started investing with COL Financial when they were still Citiseconline, using the new COL Financial beta site may not be too comfortable. However, it’s important that all of us using the old Citiseconline platform start to get familiarized with the new website before COL decides to take down the old one.
You have to know that your portfolio in the new COL Financial website is already net of VAT, sales taxes, charges, and commissions. In short, the bottom figures that you will be seeing in the new website are the true figures of what you either gained or lost.
You can still use the Citiseconline website though to buy (or sell) your stocks and monitor your portfolio if you want to. You will also be scheduling your EIP stocks buying here.
Since COL Financial has not yet prepared a new video tutorial on how to set up the EIP carrying the COL Financial name, I’ll be showing you instead the old Citiseconline’s COL-EIP Startup Guide tutorial video for you to get started already.
For the first time investors, I know you all are too excited to invest in your initial 5k. But don’t stop there. Do this monthly or quarterly. Use this strategy to minimize the risk and to lessen the need to constantly monitor the market.
So here’s the COL-EIP tutorial video from COL Financial.
If you experienced some nose-bleeding during or after listening to or watching the video, just leave a comment below so I could explain the details further to you.
P.S. 1. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at firstname.lastname@example.org if you have any questions. Click here to join.
P.S. 2. Visit the Philippine Red Cross site below to donate whatever amount you can for the victims of typhoon “Pablo” in the Philippines. http://www.redcross.org.ph/donate.php