anong pwedeng gawin sa PhP 7000.00/month na savings?

[plucker_08]

any other ways aside from keeping it in a bank?*okay*

note: student pa lang ako:hmm:

and hard-earned money yan..

[beefnmushroom]

you're saving 7000 pesos per month... as a student? that's not bad at all :)

what are you taking up in school? and what do you plan to do after graduating?

[KuyaDanny]

You keep it in a bank until the sum is large enough for you to consider other things. At that rate of savings, I would wait until the sum reaches P200,000 (about 26-28 months) and then invest half of it in stocks. The other half would form my emergency cash reserve, which would be kept in time deposits or government securities.

[bluethehero]

or you may consider investing alternately in mutual funds. P7000 for the first month on mutual funds, the second P7000 on a savings account, then mutual funds again, then bank account again.

[1630cafe]

Can anyone enlighten me about investing in stocks? I am interested but I don't know how.

[business_guy]

or you may consider investing alternately in mutual funds. P7000 for the first month on mutual funds, the second P7000 on a savings account, then mutual funds again, then bank account again.

may ganyan kababang mutual funds????

[business_guy]

or you may consider investing alternately in mutual funds. P7000 for the first month on mutual funds, the second P7000 on a savings account, then mutual funds again, then bank account again.

may ganyan kababang mutual funds????

[rmes]

Can anyone enlighten me about investing in stocks? I am interested but I don't know how.

ako, nag-iinvest sa stocks..

well the first thing that you need is to find a broker.. as for starters, you can try a bank as your broker like BPI.. you need to open a BPI Trade account (via www.bpitrade.com) and you need also to have a BPI Savings Account. so yun follow and accomplish mo lang lahat ng procedures and requirements...

once activated na yung BPI Trade account mo, you can start trading (buying or selling of stocks)

if you need more information, just PM me :)

[bluethehero]

may ganyan kababang mutual funds????

oh yes, P5,000 is the minimum initial investment and 1,000 is the minimum succeeding monthly investment.

[blue_sapphire21]

ako, nag-iinvest sa stocks..

well the first thing that you need is to find a broker.. as for starters, you can try a bank as your broker like BPI.. you need to open a BPI Trade account (via www.bpitrade.com) and you need also to have a BPI Savings Account. so yun follow and accomplish mo lang lahat ng procedures and requirements...

once activated na yung BPI Trade account mo, you can start trading (buying or selling of stocks)

if you need more information, just PM me :)


is it really profitable? how does it work? im sorry but im just curious.. thanks.

[rmes]

^yes, in my case it is profitable.. you'll just have to know which stock and when you are buying and selling it.

and compared to keeping it in a bank, which earns an interest of 1-3% per annum, mas malaki *** makukuha mo from investing..

example, Ayala Corporation (AC)'s stock price last January 2 costs Php570 per share... so if you bought 10 shares at that time, it would cost you Php5,700 + tax and commission = Php5,722.40... so eto and initial investment mo at that time (Jan.2).... then now, if you decide to sell it today the stock price of AC (Feb 8) is at Php645 per share.. you'll be able to get Php6,450 - tax and commission... in short you'll earn Php705.40 in just a month.. which you wont get in bank interests...

also, yan eh kung binenta mo lang today.. but what if binenta mo *** nung Tuesday.. ang price per share nya is at Php660.. you'll earn Php855.20

so yun.. the best time to buy is when mababa *** price nya.. and of course the best time to sell is when mataas *** price nya... if you'd ask pano mo malalaman kung kelan mababa.. you'll see a trend from its performance on the previous weeks, months, years... meron kase mga stocks na mataas and mababa on certain months... also you'll be able to somehow speculate based on the news of the company.. for example, Globe Telecoms... last January 31, it costs Php1,440 per share.. but since meron news about the unlimitxt issue, the price goes down to Php1,360 per share.. that's a difference or drop of Php80.00

[blue_sapphire21]

wow.. very well explained.. thanks for d idea! il have more questions maybe soon.. :)

[hack__you]

oh yes, P5,000 is the minimum initial investment and 1,000 is the minimum succeeding monthly investment.

im interested, can you explain it a little further....pm or email me grey335@gmail.com

[hack__you]

ako, nag-iinvest sa stocks..

well the first thing that you need is to find a broker.. as for starters, you can try a bank as your broker like BPI.. you need to open a BPI Trade account (via www.bpitrade.com) and you need also to have a BPI Savings Account. so yun follow and accomplish mo lang lahat ng procedures and requirements...

once activated na yung BPI Trade account mo, you can start trading (buying or selling of stocks)

if you need more information, just PM me :)

dude ok din to, pm or email me the info
grey335@gmail.com

[DaNa8]

oh yes, P5,000 is the minimum initial investment and 1,000 is the minimum succeeding monthly investment.

So you're required to invest 1k every month after your initial investment? I think it's better to invest in a fund where it lets you invest when you want to.

[baboyako]

go to your nearest bank (maybe bdo) and monthy, buy equity fund or balanced fund. retire happy after 20 years.

[earathou]

hi rmes,

what stocks offers at least 5k initial investment and 1k every month for the additional investment?

[RMES88]

^ hi its not on stocks... its on mutual funds :)

[RMES88]

go to your nearest bank (maybe bdo) and monthy, buy equity fund or balanced fund. retire happy after 20 years.

how much ba *** gma equity fund?

[foolcha]

how much ba *** gma equity fund?

what is a gma equity??:confused:

[RMES88]

^oops sorry.. typo error hehe.. it should be...

how much ba *** mga equity fund?

[foolcha]

Mutual fund can be as low as 5000 as your initial investment and 1000 additional investment whenever you want.

[DaNa8]

^^^
I'm not sure if it's the same fund you're referring to but I know of a fund with that small amount of minimum investment and it doesn't do well/earn much.

[foolcha]

^^^
I'm not sure if it's the same fund you're referring to but I know of a fund with that small amount of minimum investment and it doesn't do well/earn much.

what is that mutual fund?

[DaNa8]

^^^
MAA Fixed Income Funds

Disclaimer: I got this info(funds' low returns) from the ICAP website (http://www.icap.com.ph/factsfignavps.asp).

[plucker_08]

^^^

so mag iinvest ako sa first metro save kasi after 1 year

107.21% return?

[DaNa8]

For First Metro Save and Learn Fixed Income Fund, 1 yr return is 11.24%. Where did you get that figure?

[KahitAnoNalang]

You keep it in a bank until the sum is large enough for you to consider other things. At that rate of savings, I would wait until the sum reaches P200,000 (about 26-28 months) and then invest half of it in stocks. The other half would form my emergency cash reserve, which would be kept in time deposits or government securities.

I think I can do better, tell me if I'm wrong:)

Correct lang na ayaw mo sa bangko yung pinag-hirapan mo. Eh, kung 3% lang per annum yung kinikita, baka kulang pa yun sa charges kung mag-withdraw ka sa ibang ATM or go below the minimum maintaining balance. Kaya nga talaga it makes sense to keep the minimum amount in your bank account.
Tamang-tama yung pagbaba ng stocks sa mga panahon na ito. Seize the opportunity! You have mga 1-2 weeks at most to act. If you have ready cash (and a broker) buy San Miguel Corp. "A" (recommended ko) stock. Kung ayaw mo na dun lang lahat ng pera mo, read the other posts. Magaganda yung suggestions nila.
Tapos every time meron kang maipon konti, bili uli. Every once in a while may stock split yan or cash dividends. Invest ulit sa SMC:) Yung max na your broker can charge you legally is 1.5%, buying or selling, excluding svc chg. Long-term planning yan ha? Wag ka mag-panic kung bumaba paminsan-minsan, normal lang yan. In the end, kikita ka pa rin.
I consider my stocks as liquid assets pa rin, especially kung blue chip. Kung may emergency, it's very easy to sell, di nawawalan ng buyers. Three days lang ang settlement from the day you sell. Ok na rin yun kasi yung ibang time deposit di lang basta-basta mababawi, may multa pa.
For more info, visit http://www.pinoyfinance.com
Another thing I would like to suggest is for you to plant, kahit paunti-unti. As in mga once a year during planting season. I kid you not! Kung may idle lands kayo sa probinsiya, taniman mo na. Mangga, mahogany, or whatever. Wag lang yung crop na mabusisi and labor intensive. Student ka pa naman, mahirap tutukan yun. In a few years, sobra-sobra na sa ginastos mo yung bumalik sa yo. May mabibigyan ka pa ng trabaho, o diba? Wag ka mag-panic, iba yung sweldo sa probinsya. Yung ibang caretaker nga eh, pwedeng di muna sweldohan hanggat di pa nag harvest. Totoo!
Yun nga lang, titignan mo naman paminsan-minsan. Hindi naman agad haciendero na yung dating mo, eh puro seedling pa lang yun. And kung di mo personal na lupa, get a notarized long-term lease contract from your relatives para di ka guluhin kung umaani ka na ng $$$. Best is kung kaya mo ipalipat na sa pangalan mo kung makalusot, malay mo?

I hope this helped kahit sa agri bumagsak yung aking solution heheh!

plucker_08: I admire the fact na you value your resources at your young age. Keep it up! Hopefully, in mga 10-15 years, may pang graduate studies ka na abroad or nest egg for your future family. Good luck!

Sandali lang, of legal age ka na ba?;)

[sb1]

^yes, in my case it is profitable.. you'll just have to know which stock and when you are buying and selling it.

and compared to keeping it in a bank, which earns an interest of 1-3% per annum, mas malaki *** makukuha mo from investing..

example, Ayala Corporation (AC)'s stock price last January 2 costs Php570 per share... so if you bought 10 shares at that time, it would cost you Php5,700 + tax and commission = Php5,722.40... so eto and initial investment mo at that time (Jan.2).... then now, if you decide to sell it today the stock price of AC (Feb 8) is at Php645 per share.. you'll be able to get Php6,450 - tax and commission... in short you'll earn Php705.40 in just a month.. which you wont get in bank interests...

also, yan eh kung binenta mo lang today.. but what if binenta mo *** nung Tuesday.. ang price per share nya is at Php660.. you'll earn Php855.20

so yun.. the best time to buy is when mababa *** price nya.. and of course the best time to sell is when mataas *** price nya... if you'd ask pano mo malalaman kung kelan mababa.. you'll see a trend from its performance on the previous weeks, months, years... meron kase mga stocks na mataas and mababa on certain months... also you'll be able to somehow speculate based on the news of the company.. for example, Globe Telecoms... last January 31, it costs Php1,440 per share.. but since meron news about the unlimitxt issue, the price goes down to Php1,360 per share.. that's a difference or drop of Php80.00

im wondering...where can one sell his stocks? wouldnt it be complicated? ay meron ba ready buyers? kasi baka ok na ibenta pero wala namang takers. :)

[KahitAnoNalang]

^
There's already a another thread that answers your pertinent questions.

[odiefield]

For First Metro Save and Learn Fixed Income Fund, 1 yr return is 11.24%. Where did you get that figure?

First Metro Save & Learn EQUITY Fund

[RMES88]

im wondering...where can one sell his stocks? wouldnt it be complicated? ay meron ba ready buyers? kasi baka ok na ibenta pero wala namang takers. :)

well you can sell ur stocks with a broker... and hindi namn *** complicated eh... and if ur asking if merong ready buyers.. well meron naman (especially for blue chip stocks) un nga lang they have to accept or bilhin nila *** stocks mo sa price na gusto mo silang ibenta.. and depende na rin un sa volume ng mga tao/shares na gustong ibenta on that same price.... and yes it is possible na ok na ibenta pero wala namng takers... so either maghintay ka hanggang sa merong gustong bumili on that price or you sell it on a lower price.