Jump to content

mmp0gi

[04] MEMBER II
  • Posts

    25
  • Joined

  • Last visited

Posts posted by mmp0gi

  1. mga sir another question. Upon further investigation of my dad's stocks it appears to be class a, class B and preferred stocks what does this mean?

     

    tiningnan ko yung website ng PSE on the preferred stocks wala naman nakalagay na price kung how much na yung trading parang iisang fixed price lang sya.

     

    Pwede po paexplain what does preferred and class stocks are?

     

    Thanks po

     

    Preferred stocks are stocks that have more priority than common stocks. Class A is on top priority. It's based on Dividend pay outs. A Dividend is money that the company pays somebody as a benefit for being a stock owner of its company. It has a higher yield than common stocks. Incase that the company goes bankrupt, it's preferred stock owners get paid first. Although, preferred stocks has no voting rights. Common stocks does. In general, owning preferred stocks is for the long haul and for growth of its value through out time. Your dad bought those stocks for the long run. Find out when and how much was the stock when he bought it and how much dividends did it get.

  2. Hi guys, with regards to my dad passing away, we found some stocks "Class A and Class B" which is under his name. We would like to know our options for the said certificates:

    1.) Can we hold it for a year while waiting for the stocks to go up before we sell?

    2.) Can we move the of the certificates from my dad to me? How can this be processed?

    3.) Dies this also apply under estate tax?

     

    Thanks!

     

    Condolence,

    I can only advice on your first question because there is no set time frame on when the stocks go up or down. Unless you follow the market consistently and educate yourself you will have a feel on when to sell or buy. Also, it depends on your priority on turning it into profit or wanting just to cash out. I advice you to get a lawyer that knows about these things. A really good one. A lawyer that works for your money, not just talk. ;)

  3. To get back on the topic: to stock market analysts out there, is it ok to buy shares (trade in PSE)? Are the blue chips good to hold short term?

     

    short term no, Long term yes. With the ugly Global market, unless you're a psychic, you will make money in the short term. The stock and commodities market is in a delfationary evironment. So just a heads up. Oil and gold prices will go down more lower in the future. Demand for goods has been totally dissapating. Until the problem in US gets solve, everything will unfalter.

  4. ako rin nagtataka taon taon billion billion piso ang na imprenta ng central bank pero kulang pa rin ang pera saan kaya napupunta ang mga ito?

     

     

    They lend it to banks and then banks lend it to other banks for a higher percent rate and then the other banks lend it to people for the highest percent rate and then the people purchase goods and services and gives it to businesses and then businesses pays taxes and gives it back to Government and the cycle repeats itself. Thus creates an economy.

  5. The two biggest motivators in trading stocks are

    FEAR & GREED

    That's how it works.

     

    People wonder why it goes up and down all the time. The stock market is simply is a palenque. Where you bargain to buy or sell shares of ownerships of a company. That's why it goes up and down.

    The stock market is the mirror of the economy. It simply mirrors the economy. If it's on a downtrend(bear market) the economy is bad. If it's an uptrend(bull market), the economy is good.

    There are hundreds of factors to it but those are the basic fundamentals.

    Remember FEAR & GREED!

     

    Well I woke up today embracing the horror. I rather go back and have nightmares than seeing reality unfolds. It was black friday. The dow plunged again! I'm just watching the S&P slowly disappearing each day. There will be more selling craze next week!

     

    Just an advice in trading stocks.

    Keep an inventory of fine liquors in your kitchen- yeah the ones that kicks in right away.

     

    Oo nga pala. If you're the safe type of investor, Invest on Non cyclical stocks in times like this. There's a global recession already happening.

    Non cyclical stocks are stocks that don't go along the economy. Like tabacco stocks, food stocks, liquor stocks, drug stocks. They're safe.

     

    Never fully trust a stock broker. They are money hungry salesmen. Unless you lived with him or you've known him for a decade.

    Case and point on what's happening in US stock market- The supposedly smart, educated, money managers are now panicking to sell every single penny out of the market.

     

    There are many drawbacks. Especially on your emotional health. I have yet met a quiet trader. If you know anybody please feel free to introduce me so I can tell the secret service to watch out for that person.

     

    There is an upside to it, you don't have to watch dramas, soap operas, horror flicks, suspense, action, anymore. Because it's simply in front of you.

    Actually any form of man made script or movie will bore you. :thumbsupsmiley:

  6. ya watch out for hustlers. If you just arrive and on the baggage claim, someone will approach you to get your luggage. unless you have balikbayan box that weighs 1,000 pounds full of duty free crap or an very old person with a major back problem get someone to help you. but it's not free. Ok so now you have your luggage, balikbayan box, or a stick, whatever. while walkin out the door the security or that dude on the door will ask if you got some mula.. You are not oblige to pay them. there's no terminal fee exiting the terminal. ok so now you're outside, someone will ask you if you want them to announce your name because you can't find your pick up because of the crowded kababayans, unless you're blind with a walking dog don't because after they announce your name they'll ask for a $10 dollar(500 pesos) tip.

  7. Ok thanks to everyone that gave me suggestions. I had an awesome time in Manila and will give you my thoughts about the places I visited.

     

    Metrowalk: Not bad, a little small, but I liked playing pool at Elbow Room. Not impressed with Decades.

     

    Eastwood: Good place to lounge, eat and have a few shots that's about it.

     

    Alchemy Bar: Weak! With all the hype about this place, I was dissapointed. Everyone had Tiesto shirts there and acted as if the ole timer DJ is god. Newsflash! Tiesto was like ten years ago.

     

    Decades 2: Crowded and too many sluts. Great service from the staff though.

     

    Pharaoh: It was ok

     

    Genie: Best KTV I've been to...the ladies are awesome here....

     

    Pegasus: I'd rather go to Genie. Again, another overrated joint.

     

    Padis Point: If you like hip-hop I guess you won't mind this place.

     

    Guillys: Cool place to chill.

     

     

    Well that's about it, I was only there for five days so I missed a few stops. I have a project in Asia right now so I'll be able to visit once a month before going back to Cali.....I'll check out Embassy next time.

     

    tnx for the input. i'll be goin for a trip to the motherland in 2 weeks.

×
×
  • Create New...