Desperate to Invest in Stock Market

Philippines
April 24, 2013 4:51am CST
My friend told me months ago about investing in stock market. He told me many good things about it. He told me about Peso Cost Averaging. I found it very good and convinced me to put some of my money in it someday. I envy him because he is making money now and very happy. I really wanted to open an account and invest but until now I don't have enough money for my capital.
2 people like this
8 responses
@romzee (938)
• Philippines
24 Apr 13
You can start investing with only P5,000.00. COL has EIP for new investor just like you. You can also open an account on Philstock with the same amount.
• Philippines
24 Apr 13
Never heard about Philstock. Is it better than citiseconline?
1 person likes this
@romzee (938)
• Philippines
26 Apr 13
Investing in stocks is different from trading stocks... Most who lost their money are stock traders. Stock Trading is like a gamble if you don't know what you are doing. Stock investing is safer. If you like to invest in stock, you must be ready to set aside a sum of money for as long as 10 to 20 years. You must not treat it like money in your bank account. Stock investors invest their money on big and profitable companies for years. You are co owner of the companies of John Gokongwei, Henry Sy, Andrew Tan or Manny Pangilinan and as the company grows, your investment grows in two ways. First as dividend declares by the company and the appreciation of your stock value. You can get free seminar through Col or Philstocks and both are offering free 7 days trial. Philstock www.philstocks.ph/Public/default.aspx Col www.citiseconline.com/final2/b_home_new/home.asp
• Philippines
24 Apr 13
Try Prudential Life. You can surf the internet and check their company profile. Browse over their services they can. My friend invest a very few pesos and it's earning as time flies by.
1 person likes this
• Philippines
25 Apr 13
Do you think it is good to invest in insurance? I am quite hesitant to invest in insurance. I heard companies shutting down years ago. I prefer to buy and sell stocks. I mean the Peso Cost Averaging.
@rsa101 (13336)
• Philippines
25 Apr 13
I also started about a year and a half already but because of some financial difficulties in me I could not practice the peso cost averaging religiously but so far I have seen what your friend is experiencing right now since I have been with them and saw the surges in prices lately which is really good.
• Philippines
25 Apr 13
Are you still investing in stock market? Could you give me some tips?
1 person likes this
@rsa101 (13336)
• Philippines
25 Apr 13
Yes but not as often as I could since I still have some debts I am settling down at the moment. But every time I get to have an extra money I try to put it there like 1k or above then I buy stocks so that the money would earn. But I could not at the moment put in every month like what peso cost averaging is trying to preach.
• Philippines
24 Apr 13
I'm also interested on stock market. Just like you, I still don't have enough capital to start with. I'll just try to earn more online so I can invest soon.
• Philippines
25 Apr 13
That's a good idea. I will strive harder to earn more money then invest later on. I think this year is a good start to invest in stock market.
• Philippines
24 Apr 13
While your still saving for investment money, it's good to study about stock market first. Stock market is a vast field and tricky. There's a lot to learn before becoming a good investors. Worse, if you make a bad decision you lose a lot of money.
• Philippines
25 Apr 13
Yes it is quite tricky and difficult to understand. I will ask my friend to assist me. LOL. for now, I want to study about stock market now that the Philippines is booming. I think investing in stock market is a good way to make money for my future.
@scheng1 (24807)
• Singapore
8 Oct 15
If you are in this mood, you are not ready for investment. Investing in stock market requires a lot of knowledge, and a lot of patience. You must not be emotional about investment or the prospect of making big money or the fear of losing big money. It is better for you to learn about investing before you start to invest.
• India
7 Oct 14
You should save up, even a little, to invest. It will help you get a start in the investing world. But until then you can try and learn what to invest in & how to invest in successfully.
• Philippines
26 Apr 13
I'm also interested about investing in stock market, but I haven't had the enough funds and I haven't had the enough idea about it. Based on what I read, I should have a 6 months emergency funds before I start in investing.