How to start investing in stocks in the Philippines

Stock Investing is getting more and more popular for Filipinos. But even if there is an increase in awareness level, many are still confused on how to start investing in Philippine Stocks.

When I'm assisting a beginner, I always tell them to study and practice first because they might lose a huge part of their hard earned money in just a few days or few months.  I don't want them to feel bad towards stock investing.  However, if I feel that they are fully prepared or can take risks, I always suggest to open an online broker account immediately. There are many online broker account in the Philippines and the famous ones are COL, BPI, and First Metro.

Don't be afraid in opening an account. You won't learn all of the things in just one week in the world of stocks but once you open an account, a new world will open to you. You will think of questions which you never thought before and you will seek and find the answers for every one of them.
One of my tips for beginners with small capital is to start with the minimum amount of investment.
The minimum amount will differ for every online broker but you can find a minimum account for 5,000 pesos only.  This 5000 pesos will serve as your key in learning more about stocks and securities. Don't worry for your 5000 pesos amount because the whole amount will not be consumed as payment for opening your account. It can be credited as fund or deposit to your account. This means that you can use the 5000 pesos to buy shares of your desired company. Although, please note that when you buy and sell you will be charged with a small fee for taxes, commissions, etc.

 Before you get drowned on the idea of getting rich, please assess your risk tolerance first. Is it ok for you to lose 20% of your money in stocks after 1 month?  Try to focus on both the good side and bad side of stock investing. Don't focus solely on what you can gain because realistically there are people who loose money on stock investing.

There are many things to know about stock investing such as when to buy and when to sell, market psychology and even your own emotions like your fear, wants, and greed but don't be afraid to start.
If you don't start, you won't win!

Free Stock Market Seminar in Philippines

PSE and various companies offer stock market seminar for beginners

1. At PSE academy, I found out that they are offering free stock market seminars every second and last Tuesday of the month from 10:00 am – 12:00 noon
You can check out the details in PSE Events at http://www.pseacademy.com.ph

2. COL Financial also offers free stock seminar
For the schedule, you can refer to the link below
http://www.colfinancial.com/ape/final2/home/investor_education.asp

Please share if you know more free stock market seminar

Why Filipinos do not Invest on Stock Market?

I talked to a lot of people regarding investing stock market. I had  short conversation with my family, workmates, friends,  past classmates and teachers and here are some of the reasons that they cited

Money Tip: Know how to Open Stock Accounts