As we are investing in the stock market, we encounter so many terms that many of us don’t understand at the beginning. One of the main purposes of this blog and our advocacy is to help ordinary Filipino investors understand the basics of money and how to make it grow.
Since we promote investing in stocks for OFW’s, we are introducing certain terminologies used in the stock investing world. One these if the phrase “free float”.
A free float is the number of shares available for trading of a particular stock. These are the stocks that you buy as a retail common stock investor. The stocks you are holding now are not the same stocks that the Sy’s or the Ayala’s or the officers of their companies.
Here’s a lecture from MithrilMoney to explain further on what free float stock is and why it is important for ordinary investors like us.
Were you able to understand the lesson on free float in British-accent? 😀 I hope you did.
A Reminder Before Investing
Before pulling out your cash from your savings accounts and cash vaults to invest in the stock market, let me just remind you to take note of these very important things to do first.
1) Build (and replenish) an emergency fund.
2) Pay all your bad debts. Spend only below the amount that you regularly earn. Delay gratification. Prioritize your needs over wants.
3) Insure yourself and your assets. Getting one will protect not only your riches but the financial stability of your family in case you leave this world of the living.
4) Increase your income. Don’t kill the goose that lay the golden eggs. Be the best employee or entrepreneur that you can be.
5) Set your financial goals and objectives for investing.
6) Never put your eggs in just one basket. Stock investing is a great means to acquire higher profits from your investment. But investing a portion of your savings in other instruments like mutual funds or UITF’s or foreclosed properties (this requires further training and education) will help you diversity and protect your money from the volatility of the stock market.
Learn more how to make your money grow in financial instruments in more affordable ways by subscribing to BurnGutierrez.Com for FREE.
Join the OFW UsapangPiso Facebook Group and Forum to learn how to plan your finances the right way and how to grow your money in various financial instruments and investment vehicles such as stocks, mutual funds, UITF’s, bonds, money market, real estate, and others.
Rock your way to abundance!
P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .
P.S. 2. 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. 3. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. Order your copy now from our website http://pepotanddora.com and have it delivered right at your doorstep. Or you can grab your copy yourself at The Pantry at 07 in Makati City and ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email email@example.com for more details.
P.S. 4. If you are based abroad or just outside of Metro Manila and has been itching to learn more on how to jumpstart your business dreams, join me and my friend, serial entrepreneur Ginger Arboleda, as we take you through a series 2-hour webinars (for 11 Saturdays) that will help you focus on the technical skills and specific things that you have always wanted to know about in order to grow your business. We have come up with 10 sessions with 11 expert lecturers (with 1 FREE session if you enroll in the full program) that will make you a stronger and better entrepreneur. Register here to join the Enter Entrepreneurship Webinar Program now!
P.S. 5. Learn How To Make Money From Foreclosed Properties! We are on our 3rd run of the Usapang Foreclosed Property Investing with Jay Castillo of ForeclosurePhilippines.com! Happening on September 26, 2015 at the SMX Aura, Bonifacio Global City. Click here to register and avail the early bird promo!
P.S. 2. Learn how to blog and make money from it. Deadline today!: Sign up for Blog Academy Philippines. P.S. 3. The OFW UsapangPiso KSA Chapter will be conducting a series of financial literacy seminars to OFW’s in the Eastern Province and in Bahrain on May 23, 2014 (Al Ahsa), May 30 (International Philippine School of Al Khobar or IPSA), and June 20 (JCSGO Manama, Bahrain). Keep on visiting our Facebook group and forum site for updates on these events. P.S. 4. On May 24, 2014, we will be having our FIT (Financial Intelligence Training) Part 2 happening in Clark Air Base, Angeles City again this time with one of our original forum site moderators and finance blogger Garry de Castro and our friend and advocacy partner, Air Force rescue pilot Maj. Badong Dee. Check out our Facebook group for more details.
P.S. 5. The OFW UsapangPiso Philippines and Angat Pilipinas Coalition for Financial Literacy bring Marvin Germo’s Stock Smarts to Lucena City also on May 24, 2014, 1PM-5PM at Koon Lin Seafood Restaurant. For details and registration, email Carmi at firstname.lastname@example.org or you may register online through this link.