philippine stock market – Rock To Riches

While We’re Taking Profits, You’re Still Not Investing

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

How Can OFW’s Invest in Stocks Online?

It took some time before I was able to convince my OFW colleagues to open their first stock market investment portfolio. Every day I send them helpful articles about long-term investing, cost-averaging, fundamental analyses of big companies, and various financial literacy blogs.

Weeks after, they finally made the decision to start investing.

(Do you want to be guided in stock market investing from opening your account up to buying your first stocks? Click this link to help me guide you in your stock market investing journey.)

So how did they do it? What did they do first?

Here are the procedures that my colleagues followed to open their first ever stock market investment portfolio through my online stockbroker COL Financial Group, Inc. (formerly known as Citiseconline) Continue reading How Can OFW’s Invest in Stocks Online?

Why I Advocate Stock Market Investing for OFW’s

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