marketmover

On 12/6/2021 at 9:34 PM, Paris19 said:

Uhh do we need multiple bank accounts to be financially stable? I mean, sure we need to manage our budget. But what would be the best way to do that? How to be really financially stable? 🤣

multiple bank accounts help you manage your finances. you can have one for daily expenses, emergency fund, investment fund, and another for fun.

being financially stable just means your investments generate enough income that you wont need to work anymore and for that to happen you need to start investing your money. best time to start (if you havent started yet) is now

36 minutes ago, Harding said:

i owe them nothing because i deal on a cash basis. maybe the owe me my cash and stock dividends. it is almost a month now and they cannot produce the record. i furnished them my last record in 2016. 

i had a similar experience with a stock brokerage before. i told them that i will report them to the sec and the next day they were able to magically settle my account

Just now, Harding said:

siguro not applicable to all brokers. BA sec nawala records ng stockholdings ko six year ago lang . nilagay nila sa inactive.

its inactive but if you contact them, you can sell your position or have them transferred to another broker. its the duty of a stock broker to know their client and have your records updated yearly (but most do not do this). they also cannot liquidate any of your positions without your approval unless you owe them money due to a margin account or you bought something and did not pay

3 hours ago, siopaoasado said:

Is EDC still listed? Good to invest on?

delisted already back in 2018(?) i think

3 hours ago, maskipops said:

Kamusta ba stock market ngayon, ok pa rin ba mag invest dito? I got a COL account way back in 2015 pa yata, will I still be able to revive my account with them? Appreciate any reply from anybody. Thanks

yes. your account never goes away. if you actually remember your username and password, you will be able to log in

they will teach you technical analysis in their seminars. If you're going to be a full time trader, the seminars should help you in your stock trading. But technical analysis is not for everyone and there are a few who prefer fundamental analysis and don't trade everyday.

i've only used citisec and philstocks and find citisec much easier and faster to use. there are some broker friends who recommend trying out wealth sec's online platform. i personally haven't tried it but others claim it to be better than citisec

i like the food at Chateau 1771 in greenbelt 5. I think they serve some of the best food you can get in Makati just a bit expensive

taking inflation into account, i think the best long term investment is still putting up your own business and secondly investing in the stock market.

guys ! tanong lang , wat if may 1-2million ako, tamad nako mag business, san maganda mag invest, yung walng lokohan, yung parang double your money in five years , any advise?

in reality the only investment where you can double your money "na walang lokohan" is if you fund you own business. Granted that there are risks in running your own business, no other investment seems to be able to match the returns if your business becomes a success.

Stocks and mutual funds can hardly guarantee a doubling of your money every 5 years since they move in tandem with foreign sentiment and foreign market movements. Plus the only time you hear of doubling or tripling of investments in stocks or mutual funds are during "great bull markets" which currently we're not in anymore

hello redshirt,

regarding where to invest your money of 12k-15k, there are a lot of places where you can place that for it to earn a bit more money.

I believe that for a starting investor who really doesn't have much knowledge about financial instruments yet, you should place your cash into foolproof investments while you are learning the other types of investments available in the market. If i were in the same situation as yourself, i'd place the cash in a Time Deposit first while i am learning, then move myself up to UITF, Bonds and eventually stocks as i learn more and move forward.

and finally, since you mentioned that you're in the 18-21 age group, i suggest that you take your time. Don't rush things because you might make an uneducated decision and lose your red shirt

can you please pm me sir when SHELL declares its IPO? thanks!

as of now, there are no plans yet by pilipinas shell to go through with an IPO.

Metrobank - Mayabang sobra. Ayaw tanggapin pera mo kasi feeling nila malaki na sila

BPI - Kupal lang talaga. Feeling big time na din

La kwenta yung globe na to..

post paid, pre paid, maskit visibility lahat bulok

iniintay ko nalang matapos yung lock-in ng visibility para matapon ko na yung walang kwentang service ng globe at lilipat nalang ako ng smart.

buti wala na akong globe post paid na line. masakit talaga sa ulo yung walang kwentang company na to

i agree with lustfortravel. remember, if you are investing, you're not in this thing for the short term. companies with solid fundamentals should pay off handsomely over time after the market recovers from its current bearish trend.

even during bear markets i believe that fundamentally sound companies pay off handsomely in terms of dividends plus the added benefit of picking up more shares at a lower price (using those dividends).

Thanks for the advise. No, I have not redeemed my investment yet. I will just ride this one out and hope the economy will recover soon. Anyway, I really considered it a gamble when I invested.

if you have some extra cash, it would probably be a good idea to average down by picking up a few more shares of your current mutual fund. The risk of the investment reduces as time passes as long as (you as an investor or) your mutual fund manager sticks to the fundamentals.

not necessarily. it would depend on the type of stock you bought. if you bought speculative stocks, then probably you will get stuck with it as the prices go down further.

 

that is why it is always important to check the fundamentals of the stock- there are some very good stocks whose current price is lower than their actual value.

I totally agree. With the recent selloff of the blue chips, one can actually find pretty good bargains at current prices.

market,

 

having earned that million bucks, malaki rin siguro pinuhunan mo? swerte mo, puro bull run pa yong time na yon. ngayon, delubyo na ang inaabot ng stock market. lagi sinasabi ng taga-gobyerno gumaganda daw takbo ng stock market, i wonder kung nasubukan nilang magtrade sa stock market..at matalo.

 

anong tip mong stock na kayang sagupain itong delubyo at nakatayo pa?

was able to use citisec's margin facility during the bull run so didn't really utilize that much capital to make money.

as for the current market, i really can't recommend any stock at the moment kasi sure malulugi lang in the short term.

how do we invest in bonds?

you can either go for the bond funds or buy the actual bonds yourself. I believe the bigger banks like bdo or bpi has a minimum of 50k - 100k. There are smaller banks however that sell retail treasury bonds which require a minimum investment of 5k only. I believe Asiatrust Bank sells these retail treasury bonds.

marketmover,

 

from which stock/s did u earn your million bucks? are you still trading at present? given the prevailing market volatility (or shall we say bearish outlook), are you still on the winning side?

I made quite a bit on the mining issues back when the mining run was starting. I made some money on apex, geo and mic. I still trade but have reduced the volume substantially after the August 1, 2007 selloff and am currently more focused on the longer term (for my personal portfolio at least)

I have a small trading fund (which i am handling for other people) which is about 1% in the green YTD.

my current long term portfolio however has taken a hit of around 8-9% YTD.

made my first million 2 years ago from the stock market at age 25

Any takes on ALI and FLI? :headsetsmiley:

FLI has been an underperformer in the market for the last few weeks. This was mainly due to the many irregularities in their accounting (which was pointed out by deutsche bank in their analyst reports)

ALI based on their fundamentals don't look very promising. The signs that signalled a problem with ALI is the fact that they issued 13.3B preferred shares at 10 cents par (effectively raising 1.3B pesos from the offer) plus the recent disclosure to issue 1B common shares to either "acquire assets or raise capital" should raise a few eyebrows.

Reading the financial statements of ALI, one can see that the company is bleeding cash. (meaning that the outflow of cash is greater than the inflow causing a negative cashflow)