4 Easy Steps How Pinoys Can Invest In The Stock Market From Wherever

Are you afraid of growing old without money? Are you scared of the thought that when your retirement comes you won’t have monthly income anymore to pay for your needs?

One other thing that is certain in this world aside from death is retirement. No one works forever. This is the reason that one needs to have a retirement fund.

Yes, some people have a tendency to shrug their shoulders or ignore setting aside a fund for their old age because they are expecting a retirement package from their company or they might also be thinking that they can rely on their SSS pension benefits to pay for their expenses in the future.

But is your retirement package or monthly SSS pension benefits really enough to cover you for the rest of your life considering that the monster called inflation is quietly eating the value of your money over time?

If your answer is NO, then it is the perfect time to set aside a retirement fund for your old age. The earlier that you do this the better. Because your money will have  time to grow.

It is not wise to put your retirement fund in the bank (Read: Putting Your Savings In The Bank Is Dumb). You need to invest it in an instrument that will earn 12% – 20% a year over time. One of this investment instrument is the stock market.

At present, ordinary Filipinos, even those working overseas, can already take part in the growth of the stock market. Putting your retirement fund in the stock market will protect the fruits of your labor and enable you to retire with enough for your old age.

The 4 Easy Steps How Pinoys Can Invest In The Stock Market From Wherever

1. Invest in a mentor. Guidance is essential to succeed in the stock market. Without guidance, it is dangerous to invest in it. Only 15% of those who invest in it earn while the rest lose their hard-earned money. Yes, you can just read a lot of books about the stock market and learn on your own but getting a mentor is the shortcut to your success. In fact, you can start investing in the stock market in a week when you get Bo Sanchez as your mentor. Bo Sanchez is a preacher and the founder of The Light of Jesus community. You might be asking what his credentials are considering that he is a preacher. Well, he is the preacher who achieved the extraordinary feat of teaching his maids how to invest in the stock market! In his update last year, his maids are now richer than many managers. Find out how much his maids have in their stock market portfolios here. Get Bo Sanchez as your mentor here.

2. Choose an online stockbroker. To be able to invest from wherever, you need an online stockbroker to facilitate your transactions in the stock market. There are many online stockbrokers to choose from but I have chosen COL Financial among the rest. Besides being recommended by Bo Sanchez, they are also the most trusted online stockbroker in the Philippines. Opening an account with them is easy and it is FREE. Click here to learn the easy to follow step-by-step procedure how to open a COL Financial account.

3. Buy stocks. If you get Bo Sanchez as your mentor, you will have instant access to the stocks that he recommends to his other mentees to buy. You will be guided by regular updates that you will receive in your email about what stocks to buy, when to buy and when to sell. Click here to learn how to buy stocks via a COL Financial account.

4. Apply the turtle strategy of investing. Follow the system of investing in the stock market that Bo Sanchez teaches here and watch your money grow over time. Get a sneak peak how the turtle strategy works here.

And you’re done! Just follow these 4 easy steps and sleep soundly at night confident that you will grow old rich.

Blessings!

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How To Buy Stocks Online via a COL Financial Account

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Previous Post: How Pinoy Employees and OFWs Can Invest In The PH Stock Market Online

If your application to open a COL Financial (online stockbroker) account has been approved, this tutorial is for you. 😉 You must be excited to buy your first stock, right? Then, let’s begin!

Take a look at the email confirmation from COL Financial that you received. It will inform you of your user name (account #) and password. The email also tells you to log in to COL’s website and change your password. Let’s do that here.

Type colfinancial.com on the address bar of your browser to go to COL Financial’s homepage.

Type your user name or account number and password provided in the email confirmation in the boxes on the upper right corner of COL Financial’s homepage (as shown in the image above) and click log in.

 

The image above is how your COL Financial account’s homepage will look like. You will see information details like your user name, account number and equity value (your initial deposit) at the upper left side of the page.

Let us now change your password.

Click the “Change Profile” tab as shown in the image below.

Then click “Edit” at the bottom of the page shown below.

Type the password indicated in your confirmation email in the box labeled “Current Password” then type in your chosen password in the two boxes labeled “New Password” and “Confirm New Password”. Done? Then click “Change Password”. Look at the image below for your guidance. 🙂

 

You will then be asked to re-log in using your new password. Congratulations! You can now buy your first stock online. 🙂

 

After re-logging in and making sure that the market is open (as shown in the upper right corner of the image above), click the “Trade” tab on your homepage and then click “Enter Order”. The page that you should see after should be like that of the image above.

You would be filling in the boxes labeled “Stock Code”, “# of Shares” and “Price” on this page. If you are a member of the Truly Rich Club, then you would already have an idea of what stock to buy. 😉 Not a member yet? Click this if you are interested to become a member.

But you can still use this tutorial even if you are not a Truly Rich Club member. This is for anyone who has a COL Financial account and would like to learn how to buy stocks using his account.

Click the “Stock Code” to get the 3-letter code of the company stock that you want to buy.

For this tutorial, I choose to buy DNL. After typing in DNL in the box labeled “Stock Code”, you will see the image below.

If buying a stock, you only need to look at the “Ask” column and the “Board Lot” or the minimum number of shares of a particular stock that you need to buy. Please refer to the image above.

Note: If you are a Truly Rich Club member, remember to only buy stocks if they are still at their Buy Below Prices.

Let us now fill in the box labeled “# of Shares”. For DNL, one is required to buy a minimum of 100 shares. If one wants to buy more, it should be in multiples of 100.

After completing the step above, next is to fill in the box labeled “Price”. The first row in the “Ask” column is the lowest price being asked by the sellers. In our example, the price of DNL is P10.54, After filling in the three boxes, click “Preview Order.”

The image below will appear.

You would see in the example that the gross amount of the order is P 1,054.00 (100 shares x P 10.54/share) and the total order is P 1076.56 after other charges are added to the order. Type in your password in the box labeled “Enter your password” to confirm the order.

To check if your order was executed, click the “Trading History” tab as shown below.

Click “Show Orders” at the bottom of the page and you will be taken to a page where you would see if your order was executed or just posted. Or, you can choose to wait for COL Financial’s email confirmation the following day to confirm that it was executed. If it was not executed, you will not receive any email from COL Financial. This means that there was no match to your order or all of the shares corresponding to the “Ask” price you quoted were already bought. If this happens, you can choose to wait to buy DNL at the same price (if a seller asks for the same the next time you log in to your account) or at a higher price or maybe a lower one depending on the “Ask” price of the sellers.

And you’re done! That was easy wasn’t it?

But, before we end this tutorial, please click on the “Portfolio” tab. The image below will appear.

The “Actual Balance” is the total amount that you have in your account and the “Buying Power” is the total amount that you can use to buy more stocks. The “Stock Position” shows all the stocks that you have in your account.

Hope that you learned from this tutorial.

Blessings and Happy Investing!

You can share this to your friends if you know that they are interested in investing, too!

P.S. Learn what stocks to buy, when to buy and when to sell by joining the the Truly Rich Club.

How To Grow Your Money In The Stock Market Using The Turtle Strategy

Photo Credit.

Someone from my Facebook page, Pinoy Employees and OFWs Can Invest In The Stock Market, asked me for a sample computation how much his money would earn if say, he invested P 5,000.00 each month in the stock market.

I gave him a sample computation illustrated in the image below.

The Turtle’s Way of Investing In The Stock Market

I showed him how members of the Truly Rich Club invest in the stock market. We call the system, SAM or Strategic Averaging Method. To avoid nose bleeding, we simply refer to the strategy as the “turtle” strategy.

The system is similar to a turtle’s slow movements.

Small amounts are invested each month. Or, buying stocks in tranches.

Investors buy only recommended stocks which are at their BUY BELOW PRICES.

Investors stop buying the recommended stocks when the stocks’ prices are above the BUY BELOW PRICES.

Investors sell when TARGET PRICES are reached.

The system is sometimes perceived to be B-O-R-I-N-G. But, boring is winning! The risks are minimized when this system is used in investing in the stock market.

From the sample computation above, it is better to put your retirement fund in the stock market rather than the bank, don’t you think?

Click here to learn more about the Truly Rich Club.

Happy Investing!

Please feel free to post your comments below. 🙂

Truly Rich Club Wealth Quote by Zig Ziglar

Zig Ziglar quote

If you are determined to learn how you can retire a multi-millionaire through investing in the stock market, click here now.

Are You Going To Be Left Behind?

Image from http://www.philstar.com

“Market soars, crosses another barrier.” The Philippine Star, February 5, 2013.

This is the headline today in the Business section of The Philippine Star. The Philippine stock market closed at its 14th record high this year at 6,435.98 yesterday.

I want to share with you this piece by my mentor, Bo Sanchez, on why you should take advantage of this rocket, the Philippine Stock Market, zooming up to the sky. Enjoy!

Take Advantage Of This Rocket Zooming Up To The Sky:
The Philippine Stock Market;
I Hope You’re Riding On It NOW…
People ask me if I invest in the US Stock Market.
Yes I do.

But sometimes, I wonder why I do it.

Well, okay…. I do it to diversify. I invest 20% of my funds there. (I use Charles Schwab as my online broker. They have an office in Hong Kong and you have to fly there to open your account. Jeepers.)

But honestly, I really ask myself why I have to do this because of this incredible fact: I earn SO MUCH MORE in the Philippine Stock Market than in the US Stock Market.

By a huge difference!

Why? Because the entire world’s economy has gone down to the drain. It’s in the estero! America hasn’t recovered yet from its fall. Europe is so bad, in some European countries, 50% of their young people have no jobs. My gosh, 50%!) Even China slowed down intentionally for the past two years so they could prevent inflation.

So where is the Philippines in all this?
Ahh, you’ll be shocked…

The Philippines Is An Economic Darling!

There are only three countries now that are the economic darlings of the world: Philippines, Indonesia, and Thailand. (Yes, we’re not used to this kind of good news. Because in the past, we always appear in the “worst” lists! Worst airport, worst traffic, worst corruption, etc…)

According to a study released by Knight Frank and Citi Private Bank, the Philippines is expected to be one of the FASTEST GROWING ECONOMIES from 2010 until 2050.

Did you fall off your chair? I did too the first time I read that news. Do what I did—put some ice on the bump on your head and you’re good as new.

Here’s more shocking news. (Before you read the next line, hold onto your chair really tight.) Are you ready?

In a separate report made by HSBC, the Philippines could become the 16th largest economy by 2050.

Whoa!

Friend, there’s no doubt about it. In the next 20 years, Philippine Stock Market will rise like a rocket. It will zoom all the way to the sky.

Here’s my big question to you: Are you riding this rocket NOW? Or are you still dillydallying, postponing, delaying, and simply watching this rocket take off from afar?

It’s NOT too late.

Come! Join me. Ride with me. Ride with this rocket. Ride with the THOUSANDS of TrulyRichClub Members who I’m guiding to invest in the Stock Market.

My gosh, my kids will see…

My 2 Boys Will Live In A Prosperous Philippines

Which is the reason why I opened a Stock Market account for each of my boys—who are now 12 years old and 7 years old. (My 12 year old knows how to buy and sell his own stocks. When I’m lazy, I tell him to buy and sell for my account and for his mother’s account. Yep, total child abuse.)

Instead of putting their money in the bank, my boys now have stock market investments. Isn’t that cool? Instead of earning less than 1% in the bank, they’ve been growing their money at an average speed of 16% to 20% per year. Their money is now P380T each. They’re set for life. (Girls are lining up. My boys are their ideal husbands. I have to shoo them away and tell them to come back ten years later.)

Warning: Don’t mind the gyrations of the Stock Market. All that is noise! Disregard the small dips, small losses, small crashes here and there. We’re here for the LONG TERM! Keep your vision straight. Don’t get distracted. Stay steady. Like clockwork, invest, invest, invest small amounts every single month.

And YOU will rise with this rocket called the Philippines.

Yes, I’ll Teach You How To Do It

I repeat: I’ve helped THOUSANDS of people now invest their money into the Stock Market. I can help you too. How? Join the Truly Rich Club—and twice a month, I’ll send you my Stocks Update eReport—telling you what stocks to buy and what stocks to sell.

To ride this rocket up to the sky, click here.

Yes Bo, I DON’T want to be left behind by this rocket;

I want to start investing in the Stock Market

Teach me how!

Happy investing!

May your dreams come true,

Bo Sanchez

PS. If you won’t do it now, when will you do it? Next year? Believe me, you’ll forget. Because life is busy. DO IT NOW. Click this.

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