Simple guidelines on personal finance, business and investing for Filipinos
I became a stock market investor for almost a year now and was very glad upon starting this kind of passive investment opportunity. So join me into my journey in the ONLINE STOCK MARKET INVESTING and into the financial world as I have to share with you my experiences I have learned out of doing it. Why passive? It is because this work can be done without you monitoring it everyday in front of a computer. You just have to leave it and wait for the time when your investment reaches to millions.
Before attempting to join this kind of financial stratagem, I was learning and studying via personal research and club memberships on how to really prosper on the field of stock market. More than two years of having some trial accounts on online trading and/or paper investment. So good so far, the outcome is unbelievable which surpasses my expectations. Until I finally reach a personal ultimatum to try it in the real world. I did not mean that when you join, you have to study yourself such a long time. You can just research with the right system of investing, and there you go!
Today online stock market investing is so popular because
* it can be easily done at home via a computer with internet connection; and
* it doesn’t incur bigger expenses not like the traditional way of stock market investing.
ONLINE STOCKBROKERS
The best website for an online trading in the Philippines is Citisec Online bitterly known as COL. It is registered with the Philippine Stock Exchange (PSE). It has the highest members of online stock investors than any other competitors.
For me I have chosen BPI Trade in opening my personal stock market brokerage account. This online partner is a member of the Bank of the Philippines Island group of companies. It was managed by BPI Securities Corporation and the accounts of member-investors were handled by BPI Direct Savings Bank. Unlike Citisec Online which office, brokerage account registration at BPI could be easily done in any city in the Philippines whereby you can find a BPI Bank branch there. There’s no hassle to personally present yourself at the main office of BPI Securities. Tellers at BPI branches will assist you in submitting the needed documents in registering your online brokerage account.
There are other online brokers there but these two are the best.
Online Brokers Requirement in opening a broker’s account
1. CitiSecurities Incorporated
Minimum capital required upon opening an account: P5,000.00
Documents Required (any 2 of the ff id's): drivers license, passport, sss/gsis, voters, prc
Documents Required (any 2 of the ff id's): drivers license, passport, sss/gsis, voters, prc
2. BPI Securities Corporation
Capital requirement upon joining: P500.00
Documents needed: any 2 of the following = drivers license, passport, postal id, SSS ID
Documents needed: any 2 of the following = drivers license, passport, postal id, SSS ID
Other financial institutions in the Philippines which has an online brokerage team are: (1) RCBC Securities; (2)First Metro Securities Brokerage; and (3) Diversified Securities, Inc.
3 EASY steps in starting an online
stock investment in the Philippines:
First,
Open an Online Brokers Account
Second,
Fund your account with the minimum
starting investment required by your broker
&
Third:
Start picking/buying your first shares stocks by
opening your new online trading account.
hi! thanks for this informative site! really helpful for those who like to get a good grasp of financial literacy.
TumugonBurahinOnce I finish my college and starts to earn my money, I will invest.