COL Financial (formerly CitisecOnline)

[mombiz26]

For me, mas maganda mag-invest sa mutual funds... 5k lang din ang initial investment then minimum of 1k yung subsequent... sa citisec kasi naka-invest lang yung money mo sa iilang companies unlike sa MF mas diversified ang portfolio kasi naka-invest sa mas maraming companies...

[ChiRen]

so pwede bang regulat trading account ang iopen, tpos disiplinahin ang sarili na mag-cost averaging sa eip-recommended stocks? tpos pang-trade pa rin *** iba? o mag-open na lang ng two accounts? (1 eip, 1 regular)

[investor_ako]

you can do both eip & trading on the same account. . .

[skyrainph]

i suggest you open an eip account so that you will always be reminded of the stock you planned to buy. i did that actually but after six months i just ignore the eip reminders and move on to investing the way i wanted it to be

[vitocruz17]

Question po. Possible bang malaman ng ibang tao kung kailan ka na nagstart sumali sa Virtual Tycoon ng Citiseconline? And tuwing what time nag-oopen *** stocks?

[slizer]

Hey guys, does CitisecOnline credit dividend payouts from your stocks to your trading account, or does the check get mailed to your address?

[nestie23]

I was told by my officemate to avail the Citiseconline's Easy Investment Program. Minimum is P5k, worth it ba? My first time kasi. Any advice? Thank you.

ive opened eip sa citisec last year, but i dont follow their eip i do regular trading, i buy the company i like after i studied it, but overall im satisfied with citisec service,

nestie
www.pinoyhomebasebizz.blogspot.com

[mozilla]

Hey guys, does CitisecOnline credit dividend payouts from your stocks to your trading account, or does the check get mailed to your address?

The dividend that you earn from the stocks that you purchase will automatically go or credited to your COL account. It will go to your cash balance after the pay out. You will receive a notification from the COL which is a notice of cash dividend to your email account.

[slizer]

ah cool thanks for the clarification mozilla. You have a COL account with them too? How is it so far?

[mozilla]

you're welcome sir...i opened my account last 2010...ayos naman though bloody portfolio but my plan is for a long term investment.

[skyrainph]

Hey guys, does CitisecOnline credit dividend payouts from your stocks to your trading account, or does the check get mailed to your address?

it will be credited to your account. also, you will receive an e-mail from citisec informing you that a dividend is credited in your account.

see this...http://theofwinvestor.blogspot.com/2...-dividend.html

[xyphrus]

I'm wondering if online brokers like Citisec have some kind of "insurance" sa mga stocks na binili ng isang investor? I mean, what if magsara ang isang online broker, what will happen to those investors who bought stocks on their behalf? Can they (investors) still claim that?

[caucarl]

I'm wondering if online brokers like Citisec have some kind of "insurance" sa mga stocks na binili ng isang investor? I mean, what if magsara ang isang online broker, what will happen to those investors who bought stocks on their behalf? Can they (investors) still claim that?

AFAIK dapat i-balik nila yun (usually in terms of stock certificate) sa investors since the broker only serves as a "keeper" of the stocks.

[Ringgold]

Eto ata ang sagot dyan.

If the stock broker closes down, your stocks are safe, but the money you have in deposit is not...

As per COL:


All stockbrokers, including COL , are required by law to lodge or deposit the shares purchased in behalf of clients with the Philippine Depository & Trust Corporation (PDTC) as custodian. Hence, COL does not physically hold in its possession the shares of stocks purchased or owned by its clients. This sufficiently protects the client should anything happen to the broker.


When the company whose stocks you bought close down, you might still be paid if the company still has assets left for liquidation....siyempre mauuna creditors, preferred stocks, etc....

[xyphrus]

@ caucarl - yung stock certificate po ba sir eh kelangan pang i-request or hingin sa COL?

@ Ringgold - sir di ko po ma-gets yung sabi dun na safe yung stock, pero yung dineposit mo na pera is hindi. What does it mean po kaya? Thanks

[evilgenius05]

pips OT lang saglit...
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Applicability of Unconventional Transit Systems (AGT, Monorail) in selected Metropolitan Areas (Manila, Cebu, Clark) in the Philippines

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[Ringgold]

@ Ringgold - sir di ko po ma-gets yung sabi dun na safe yung stock, pero yung dineposit mo na pera is hindi. What does it mean po kaya? Thanks

Ang ibig sabihin nun ay yung mga stocks na nabili mo sa portfolio mo ay safe kasi naman hindi sila ang may hawak (physically) ng stocks mo. Ang may hawak nun ay ang PDTC. Pero yung fund (cash) mo na idineposit mo sa broker mo pwedeng mawala kasi sila ang may hawak (physically) nito.

Kapag na bankrupt ang broker mo, as a general rule, they have to liquidate all their properties and ensure a fair distribution of assets to the creditors/stakeholders. Tapos may order of preference ang pagbabayad ng company sa mga creditors/stakeholders. Mauuna ang mga secured creditors down to general creditors, tapos mga suppliers/clients, employees, at mahuhuli ang mga stockholders ng company.

So pag sa mga creditors palang hindi na makakabayad ang stockbroker mo, e wala na yung pero mo. Hindi kana nila mababayaran.

[xyphrus]

Ayun! Kuha ko na po. Thanks po sir sa malinaw na pagpapaliwanag. Last question po, how can we claim those stocks (in our portfolio) that we bought.. thru PDTC po ba? Or we need another online broker to process the withdrawal of our stocks/shares?

[khayswift]

i have been very enthusiastic about investing in a a stock market. i and i love citiseconline's eip. it is so easy to follow. i dunno maybe before the end of january. i might have the stocks.

any advice from you guys?. thank you.

-khay http://lifeisrich-khay.blogspot.com/

[brickles]

I'm following this post ba't kaya wala pang sagot...

Ayun! Kuha ko na po. Thanks po sir sa malinaw na pagpapaliwanag. Last question po, how can we claim those stocks (in our portfolio) that we bought.. thru PDTC po ba? Or we need another online broker to process the withdrawal of our stocks/shares?