This is what I love about investing: You get to earn cash while you sleep. There is no greater feeling than knowing that your money is working for you than you working for money.
Investing is my life. It has been so since i made the U-turn a couple of years ago.
As you now know, among other stuff, i preach about the stock market. A good way to invest really, is in the stock market. If you were following my posts, yesterday i wrote about Philippine-based companies who did well lately. Now i dare you readers to
google those companies up. Here's a search box. Just type the names of the companies i mentioned in my other post so you will have an idea what these companies are; what kinds of business ventures they are in; who manages them; etc. Type in the following companies one by one: Digitel, PLDT, JG Summit, Belle Leisure & Resorts, Alliance Global, Meralco, Ayala Land, Metro Pacific Investments,Semirara Mining, Metrobank, Ayala Corp., DMCI and SM Prime Holdings.
Go on, type away. Just enter one company name, then press enter. Then read / learn as much as you can, then close it then return to this blog, then start typing the name of the next company.
Just do it. Don't be shy... Make sure to return back here. The rest of this post is under the search box.
Custom Search
There's your introduction to the stock market right there.
Leave a reply if you're interested how to invest. If i receive enough requests, i may spill out the beans this early. I shall tell you the step-by-step procedure. Otherwise, i shall take it that you guys need some more marinating in the subject.
May i point out that investing in the Philippine stock market takes as little as P5,000 for starters. That's the minimum you can INITIALLY place, then you may start regularly investing ANY AMOUNT (yep, you read it right, any amount you can afford) after the initial P5,000.
Investing here means buying company's stocks, and regularly adding placements (meaning cash) and letting that company work for your money, so your money in turn can work for you. Got it? You do not sell shares. You keep on buying until you are ready to sell, which will be after a decade or two. Investing here is like you REGULARLY putting cash in your piggy bank. Only your piggy bank is the company you choose, and YOU ENCASH ONLY after a decade at least. That's investing.
Investing is different from Trading, mind you.
If you do this (Investing), you shall begin enjoying the idea of you earning cash even while sleeping - even if the earnings are only a few cents here and there. Every penny counts, right?
Pinoy, gumising ka na. Do not let this pass. Do not be afraid. Its better that we are battling poverty now than let it ruin us for the rest of our lives. Take that leap, Pinoy. We can do this.
PS.
Did i mention that even if you are overseas, you too can invest in the Philippine stock market? Leave a comment for details. Or email me directly.
Information is key, people. Spread the word. Let's start building dreams.
Leave a comment here, people. TY
ReplyDeleteVery nice post. You made me follow your instructions and I was pleasantly surprised to read developments I was not able to catch from the news.
ReplyDelete& I also didn't know that after the first 5k I could invest any amount, and all this time I've been shying away because I thought investments must be tranched at 5k min.
Now spill the beans, please.
Tomtom, TY for your comment. Have you ever wondered why the middle class is always left out when it comes to matters like this? Think about it for a second. Why oh why? It's like somebody doesn't want us to know. Hmmmm, wonder wonder.
ReplyDeleteI'm trying to wake the Filipinos up with this post. Hopefully, they will one day.
Will keep you posted, Tomtom. God bless!
Does it really need to be 10 years minimum to get a return? What about after 5 years only? Nothing yet? I am not that young to wait till another ten years... Maybe at least 5 years minimum time... what can you say?
ReplyDeleteHi anonymous. The shorter the time you'll be investing, the lesser the returns.
ReplyDeleteBut to answer your question, YES, you may "sell" your shares within 5 yrs.
But then, the power of "compounding" will be cut short. You see, for this kind of an investment, TIME is your ally. When compounded over 10 yrs, the returns are much much and i mean much bigger than 5 yrs.
Nevertheless, if that's your risk limit (5 yrs lang), then it's alright. You may sell. No one will and can stop you from doing so.
TY and God bless!