My new segments in my blog: The online stockbrokers that I use

                                source: http://www.yourbrokerguide.com/
If you remember I introduced you to the online stockbrokers... if you haven't read that yet click here.

Okay so let me make some introductions first. One might ask me why online stockbrokers? What are the benefits?

Here are my reasons why I opted for online stockbrokers:

1. Online stockbrokers are cheap. Most only charge a commission of

    0.25% to 0.50% per all transaction. Most have no maintaining
    fee, and only charge a small fee for call trading assistance.

2. Online stockbroker's platform are easily accessible online and 

    they are secure. That is why they have to be accredited by both

    SEC and PSE.

3. Online stockbroker's web page are full of information and guides 

    to help you make that buy or trade

4. And lately after the PSE upgraded most have brought back the

   off-hours facility. No more early morning waking up for our stock 

   investors abroad to place their stock trades

Those are the benefits to name a few.

Now as promise I will be posting a series on how to navigate and use the two online stockbrokers I am currently using. I am using Citiseconline and First Metro Securities Brokerage Corp. to know more about these two click on them to go to their website.

Here is a story on how I ended up with these two online stockbroker.

                                     source: www.citiseconline.com
Citiseconline was the first online stockbroker I applied to. I learned about them through Bo Sanchez's book 8 Secrets of the Truly Rich. Long before I have always wanted to enter the stock market. I remember the days when my professor and dean in PSBA-QC would tell us about his masteral class challenging them to buy stock in the Philippine Stock Market and their grade in his class will be based on the performance of their stock investment. It scared me to take an MBA class because back then I really have no idea even how to buy a stock. Is it done just like going to the "sari sari" store asking the "tindera" to sell you stocks? I know it wasn't.

But in the end while working abroad and after mustering my courage to dive in an unknown territory I checked out Citiseconline's website and tried there 15 day or so free pass which I didn't even use because I really have no idea how to do the action in the stock market.  After nearly 6 months I inquired via email and a reply from Jenny Senining gave me hope of opening an account. I planned and I inquired like a little child so afraid to bring and placed my tiny money in to a strange place called "online stockbroker" but finally when I had a chance to get a vacation from my overseas work I made sure it is my first order in my list. Went Tektite to looked for the Citiseconline office and luckily Ms. Senining was there to assist me and that afternoon I funded my account and got may access after a day..that was late November last year.

And then ecstatic that I was I went to my account check this and that and place my first order. After the day nothing happened. After a week nothing happened. After a month still nothing happen. So I asked myself what's wrong with my bid? Then a new thread in the forum where I accustomed to share my ideas and advices opened. It was about stock investing. And from there on my knowledge grew leaps and bounds due to friends who share the same passion for stock investing. My humble thanks to our OFW friend who started that thread, "maraming salamat rich dad ninong :) "
 
I made my first buy on March 2010 and from their on I have been buying, then waiting till it profits around 5-10% net of cost before selling and sometimes when times are good I profit up to 40%

    source: www.firstmetrosec.com.ph

The reason why I opened another online stockbroker account is funds accessibility.

Being the online brokerage arm of Metrobank fund transfer from your Metrobank account to your First Metro Securities account is a breeze through Metrodirect. I am in the process of familiarizing myself about FMSB's online platform and will soon share here my experience in navigating and making the most of their platform.

Also the well known stock analyst Gus Cosio is in FMSB and his blog is linked to their website. With the latest announcement that FMSB can now accept off-hours trading I guess more and more Pinoys can benefit from it. Also to open an account you just need a minimum of Php 5,000.00, of which Php 2,00.00 is for your maintaining  balance for your Metrobank account and the Php 3,000.00  cash is available for stock investment.

My new segments in my blog: The online stockbrokers that I use

                                source: http://www.yourbrokerguide.com/
If you remember I introduced you to the online stockbrokers... if you haven't read that yet click here.

Okay so let me make some introductions first. One might ask me why online stockbrokers? What are the benefits?

Here are my reasons why I opted for online stockbrokers:

1. Online stockbrokers are cheap. Most only charge a commission of

    0.25% to 0.50% per all transaction. Most have no maintaining
    fee, and only charge a small fee for call trading assistance.

2. Online stockbroker's platform are easily accessible online and 

    they are secure. That is why they have to be accredited by both

    SEC and PSE.

3. Online stockbroker's web page are full of information and guides 

    to help you make that buy or trade

4. And lately after the PSE upgraded most have brought back the

   off-hours facility. No more early morning waking up for our stock 

   investors abroad to place their stock trades

Those are the benefits to name a few.

Now as promise I will be posting a series on how to navigate and use the two online stockbrokers I am currently using. I am using Citiseconline and First Metro Securities Brokerage Corp. to know more about these two click on them to go to their website.

Here is a story on how I ended up with these two online stockbroker.

                                     source: www.citiseconline.com
Citiseconline was the first online stockbroker I applied to. I learned about them through Bo Sanchez's book 8 Secrets of the Truly Rich. Long before I have always wanted to enter the stock market. I remember the days when my professor and dean in PSBA-QC would tell us about his masteral class challenging them to buy stock in the Philippine Stock Market and their grade in his class will be based on the performance of their stock investment. It scared me to take an MBA class because back then I really have no idea even how to buy a stock. Is it done just like going to the "sari sari" store asking the "tindera" to sell you stocks? I know it wasn't.

But in the end while working abroad and after mustering my courage to dive in an unknown territory I checked out Citiseconline's website and tried there 15 day or so free pass which I didn't even use because I really have no idea how to do the action in the stock market.  After nearly 6 months I inquired via email and a reply from Jenny Senining gave me hope of opening an account. I planned and I inquired like a little child so afraid to bring and placed my tiny money in to a strange place called "online stockbroker" but finally when I had a chance to get a vacation from my overseas work I made sure it is my first order in my list. Went Tektite to looked for the Citiseconline office and luckily Ms. Senining was there to assist me and that afternoon I funded my account and got may access after a day..that was late November last year.

And then ecstatic that I was I went to my account check this and that and place my first order. After the day nothing happened. After a week nothing happened. After a month still nothing happen. So I asked myself what's wrong with my bid? Then a new thread in the forum where I accustomed to share my ideas and advices opened. It was about stock investing. And from there on my knowledge grew leaps and bounds due to friends who share the same passion for stock investing. My humble thanks to our OFW friend who started that thread, "maraming salamat rich dad ninong :) "
 
I made my first buy on March 2010 and from their on I have been buying, then waiting till it profits around 5-10% net of cost before selling and sometimes when times are good I profit up to 40%

    source: www.firstmetrosec.com.ph

The reason why I opened another online stockbroker account is funds accessibility.

Being the online brokerage arm of Metrobank fund transfer from your Metrobank account to your First Metro Securities account is a breeze through Metrodirect. I am in the process of familiarizing myself about FMSB's online platform and will soon share here my experience in navigating and making the most of their platform.

Also the well known stock analyst Gus Cosio is in FMSB and his blog is linked to their website. With the latest announcement that FMSB can now accept off-hours trading I guess more and more Pinoys can benefit from it. Also to open an account you just need a minimum of Php 5,000.00, of which Php 2,00.00 is for your maintaining  balance for your Metrobank account and the Php 3,000.00  cash is available for stock investment.

The Stock market explained in simple terms

Many have already asked me about the Stock Market, Stock trading, and stock investments. And many really is confused about it. Some say it is only for the rich and affluent people or thus who are learned men and women in the business district of Makati City.

But your wrong. Stock investing or trading is for everyone. In the Philippines one can open a stock brokerage account with the nine accredited brokers allowed to carry on online stock trading. Of the nine 2 which are also the stock investing arms of a bank, First Metro Securities of Metrobank (have no maintaining balance) and BPITrade of BPI(requires a 500 pesos maintaining balance) according to my friend Jerry who has both accounts to maximize the potential of stock trading in the Philippines.

So how will a layman or a normal Juan or Maria understand the stock market and stock investment so that the Filipino population will not be afraid to try investing in stock in the Philippines?

 source: feudart.com

 IS LIKE

 source: aileenapolo.blogspot.com

I have two analogies that I always use. The first one is the one I use  to explain to a friend what is a stock market in general. As the name says it is a market. So I want you to imagine yourself in the middle of a wet market or probably imagine yourself walking in Divisoria. What would you normally see? I guess you would see at least two types of people there. One are the buyers like you and second are the sellers who keep on doing all sorts of ways to get your attention. Why are you in Divisoria? You are in Divisoria to buy something at a bargain. You might be able to buy the same item in SM Department stores or in Cubao but at a higher price so you go to the market like Divisoria. 

You went to Divisoria to buy, same as you going to the Philippine stock market to buy. The only difference though is that instead of you buying stuffs, in a stock market or bourse you buy shares of stock of a company. And you buy it only at a bargain. Who in the world would buy a kilo of mango for 10,000 pesos that would be insane right. On the other hand you also sell stocks so you take the place of the sellers. You will always be on the look out for potential buyers by making your voice heard by giving a buyer a good price on your stock.

Now one more thing, in the wet market sellers and buyers interact directly but in the stock market a buyer or a seller interact through a broker which is accredited and certified by regulatory bodies. In a way it is a safeguard to protect the interest of participants in the stock market.

Another analogy I use is the bouncing ball. The stock market is like a bouncing ball. It goes up and down. It is never steady. This analogy explains the theory of Supply and Demand. When demand for a stock rises a rise in price is also seen. As a ball is given force, the force given to it reflects by the height it goes. When the ball is way way up the tendency is for it to go down  losing the upward force. The ball's weight becomes the indicator that the market is overbought making the ball heavy thus gravity pulls it down. When all the stocks are bought it is normal for those who bought it to sell at again so as the price go down they try as much as possible to take profits by selling their stock holdings before it reaches their cost.

And as the ball touches the ground it bounces again thus continuing the cycle. So when stock prices are on the rise investors like you and me try to buy it while it is still low to profit when it peaks and before it goes below our cost. When stock prices starts to go down after enjoying a high price we wait for it to reach the bottom and buy stocks when it is about to rise again.

The Stock market explained in simple terms

Many have already asked me about the Stock Market, Stock trading, and stock investments. And many really is confused about it. Some say it is only for the rich and affluent people or thus who are learned men and women in the business district of Makati City.

But your wrong. Stock investing or trading is for everyone. In the Philippines one can open a stock brokerage account with the nine accredited brokers allowed to carry on online stock trading. Of the nine 2 which are also the stock investing arms of a bank, First Metro Securities of Metrobank (have no maintaining balance) and BPITrade of BPI(requires a 500 pesos maintaining balance) according to my friend Jerry who has both accounts to maximize the potential of stock trading in the Philippines.

So how will a layman or a normal Juan or Maria understand the stock market and stock investment so that the Filipino population will not be afraid to try investing in stock in the Philippines?

 source: feudart.com

 IS LIKE

 source: aileenapolo.blogspot.com

I have two analogies that I always use. The first one is the one I use  to explain to a friend what is a stock market in general. As the name says it is a market. So I want you to imagine yourself in the middle of a wet market or probably imagine yourself walking in Divisoria. What would you normally see? I guess you would see at least two types of people there. One are the buyers like you and second are the sellers who keep on doing all sorts of ways to get your attention. Why are you in Divisoria? You are in Divisoria to buy something at a bargain. You might be able to buy the same item in SM Department stores or in Cubao but at a higher price so you go to the market like Divisoria. 

You went to Divisoria to buy, same as you going to the Philippine stock market to buy. The only difference though is that instead of you buying stuffs, in a stock market or bourse you buy shares of stock of a company. And you buy it only at a bargain. Who in the world would buy a kilo of mango for 10,000 pesos that would be insane right. On the other hand you also sell stocks so you take the place of the sellers. You will always be on the look out for potential buyers by making your voice heard by giving a buyer a good price on your stock.

Now one more thing, in the wet market sellers and buyers interact directly but in the stock market a buyer or a seller interact through a broker which is accredited and certified by regulatory bodies. In a way it is a safeguard to protect the interest of participants in the stock market.

Another analogy I use is the bouncing ball. The stock market is like a bouncing ball. It goes up and down. It is never steady. This analogy explains the theory of Supply and Demand. When demand for a stock rises a rise in price is also seen. As a ball is given force, the force given to it reflects by the height it goes. When the ball is way way up the tendency is for it to go down  losing the upward force. The ball's weight becomes the indicator that the market is overbought making the ball heavy thus gravity pulls it down. When all the stocks are bought it is normal for those who bought it to sell at again so as the price go down they try as much as possible to take profits by selling their stock holdings before it reaches their cost.

And as the ball touches the ground it bounces again thus continuing the cycle. So when stock prices are on the rise investors like you and me try to buy it while it is still low to profit when it peaks and before it goes below our cost. When stock prices starts to go down after enjoying a high price we wait for it to reach the bottom and buy stocks when it is about to rise again.

The Stock market explained in simple terms

Many have already asked me about the Stock Market, Stock trading, and stock investments. And many really is confused about it. Some say it is only for the rich and affluent people or thus who are learned men and women in the business district of Makati City.

But your wrong. Stock investing or trading is for everyone. In the Philippines one can open a stock brokerage account with the nine accredited brokers allowed to carry on online stock trading. Of the nine 2 which are also the stock investing arms of a bank, First Metro Securities of Metrobank (have no maintaining balance) and BPITrade of BPI(requires a 500 pesos maintaining balance) according to my friend Jerry who has both accounts to maximize the potential of stock trading in the Philippines.

So how will a layman or a normal Juan or Maria understand the stock market and stock investment so that the Filipino population will not be afraid to try investing in stock in the Philippines?

 source: feudart.com

 IS LIKE

 source: aileenapolo.blogspot.com

I have two analogies that I always use. The first one is the one I use  to explain to a friend what is a stock market in general. As the name says it is a market. So I want you to imagine yourself in the middle of a wet market or probably imagine yourself walking in Divisoria. What would you normally see? I guess you would see at least two types of people there. One are the buyers like you and second are the sellers who keep on doing all sorts of ways to get your attention. Why are you in Divisoria? You are in Divisoria to buy something at a bargain. You might be able to buy the same item in SM Department stores or in Cubao but at a higher price so you go to the market like Divisoria. 

You went to Divisoria to buy, same as you going to the Philippine stock market to buy. The only difference though is that instead of you buying stuffs, in a stock market or bourse you buy shares of stock of a company. And you buy it only at a bargain. Who in the world would buy a kilo of mango for 10,000 pesos that would be insane right. On the other hand you also sell stocks so you take the place of the sellers. You will always be on the look out for potential buyers by making your voice heard by giving a buyer a good price on your stock.

Now one more thing, in the wet market sellers and buyers interact directly but in the stock market a buyer or a seller interact through a broker which is accredited and certified by regulatory bodies. In a way it is a safeguard to protect the interest of participants in the stock market.

Another analogy I use is the bouncing ball. The stock market is like a bouncing ball. It goes up and down. It is never steady. This analogy explains the theory of Supply and Demand. When demand for a stock rises a rise in price is also seen. As a ball is given force, the force given to it reflects by the height it goes. When the ball is way way up the tendency is for it to go down  losing the upward force. The ball's weight becomes the indicator that the market is overbought making the ball heavy thus gravity pulls it down. When all the stocks are bought it is normal for those who bought it to sell at again so as the price go down they try as much as possible to take profits by selling their stock holdings before it reaches their cost.

And as the ball touches the ground it bounces again thus continuing the cycle. So when stock prices are on the rise investors like you and me try to buy it while it is still low to profit when it peaks and before it goes below our cost. When stock prices starts to go down after enjoying a high price we wait for it to reach the bottom and buy stocks when it is about to rise again.

Free E-book about investing at PSE

I am currently writing a book regarding stock investing in the Philippines but I want you to be on to your feet and start studying and learning more about stock investing. 

I just checked the trading results today and it's in the red. No single index of the PSE is in the black. And you know when it's in the red right. Stocks are now at a bargain. So click the link here and download this free e-book from PSE and Citiseconline to get you started.

Free E-book about investing at PSE

I am currently writing a book regarding stock investing in the Philippines but I want you to be on to your feet and start studying and learning more about stock investing. 

I just checked the trading results today and it's in the red. No single index of the PSE is in the black. And you know when it's in the red right. Stocks are now at a bargain. So click the link here and download this free e-book from PSE and Citiseconline to get you started.

Free E-book about investing at PSE

I am currently writing a book regarding stock investing in the Philippines but I want you to be on to your feet and start studying and learning more about stock investing. 

I just checked the trading results today and it's in the red. No single index of the PSE is in the black. And you know when it's in the red right. Stocks are now at a bargain. So click the link here and download this free e-book from PSE and Citiseconline to get you started.