Desperate to Invest in Stock Market
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
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
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.
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.
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.
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.
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.