Read this to learn how to invest in the Stock Market

I am sharing my response to the query of my friend, Simon, who would like to start investing in the stock market. Why am I sharing it? Because I believe that it is the same concern a newbie investor has, it was the same concern I had when I started investing in the stock market 2 years ago. So read on and learn how you can begin and start taking charge of your financial destiny.


Bro,

Iba ka na ngayon. Successful on your field. Looking forward for stock investment maybe by 2012 or 2013. Kailangan ko ng advise mo d2. Keep in touch.

Regards
Simon

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Hi Simon,

Thank you for the encouraging words.

I am glad that you are interested in investing in the stock market. By doing this, you are taking full control of your financial destiny. Because of your initiative, you are on your way to become part of that 1% in the Philippines who invest in the stock market.

Stock market investing is simple. Contrary to common belief that it is just available for the very wealthy, nowadays you can open a stock market investment account for a minimum of 5,000 pesos. As you cannot go to the exchange center to do the buying and selling unless you are a licensed broker, you need to find a good broker to do the buying and selling for you. Personally, I recommend Citiseconline.com. I have an account with them. Check their website www.citiseconline.com. They offer free stock market investing seminars. They will teach you the fundamentals. The learning alone will be a good return on investment.

After opening an account with them, let me know and I will tell you the best companies to buy. I suggest that you open an account the soonest. Don't wait any longer. Take advantage of this momentum. Why? Because there will be no perfect timing. One of the critical factors to consider in investing is the time horizon and compound interest. I will write a blog about this so I suggest you subscribe to my blog account at http://investingphilippines.blogspot.com so you would be the first one to learn the advantage of investing early in life.

In principle, what I am advocating is having an insurance first to secure your family in case the monthly cash flow stops. Next is creating an emergency fund equivalent to a minimum of 3 months to maximum of 6 months. After securing all of these, you may start investing in the stock market or mutual funds.

Don't be overwhelmed by the above. You can do it altogether but GRADUALLY. Say, at the end of the month setting aside 10% for insurance, 10% for emergency and 10% for investment. If 10% is difficult, begin with 5% or even 1%. The most important thing is that you are moving forward. Investing is like a full marathon. You don't jump from 3K to 42K. You take baby steps.

So there, please keep in touch and let me know how you are progressing.

God bless.

Regards,

Anselm

To get the latest updates about investing in the stock market and mutual funds, subscribe to my blog by clicking http://investingphilippines.blogspot.com/.

You may also send your questions by emailing me at anselmreyes@yahoo.com

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