My father-in-law was a veteran cyclist. He was an active racer in various competitions such as the Marlboro Tour in the 80’s. An and although he did not win any of those races, he’s always won the love of his family.
There was just one problem when my wife and I decided to invest our income in the stock market. He was not that supportive with the idea and our decision to invest. The reason was because he has heard a lot of stories of people losing money in the stock market. Continue reading A Cyclist’s Investing Tale: From P2,500 to P400,000
The Philippine stock market index has rallied to a new all-time high today, rising by 24.78 points to close at 6,192.42. (6,377.75 as of October 9, 2013) – [UPDATE: PSEi closed at 7,236.38 on October 23, 2015]
This good news and those numbers mean almost nothing to you if you’re not yet investing in the Philippine stock market.
I have received quite a few good number of inquiries from my blog and through our forum sites and pages on how to open a stock trading account so that they can finally start investing or trading. Most of them are Filipinos working or living abroad (OFW’s and migrant Filipinos). Continue reading While We’re Taking Profits, You’re Still Not Investing
When the great record-breaking performance of Philippine stock market hit the local news, several friends who were previously snubbing my invitations to invest have started to “re-inquire” from me how to be part of the growing number of happy stock market investors.
As usual, when I mention to them that they have to start with at least Php5,000 to open a stock investment portfolio the responses would be, “Wala pa kong pera.” (I still don’t have the money). Or, “Hindi ko alam kung pano gawin yan.” (I don’t know how to do it.)
Well, fret no more superfriends. Instead of saving up Php5,000 to open your first stock investment portfolio, you can at least set aside Php500 in your next payday to start investing in the stock market. Even if you don’t know how to. Continue reading Start Investing in the “Stock Market” with Php500