money Stock Market

[rooster69ph]

Hi everyone quick question: what is the rule by the BIR on taxes for gains or sales of shares through the stock market? I've been trying to look around but I can't find anything specific.

 

 

for listed stocks sold via the exchange, a sales tax is imposed equivalent to 0.50% of the transaction amount. This is irregardless of whether you gain or lost on the transaction.

[swami]

for listed stocks sold via the exchange, a sales tax is imposed equivalent to 0.50% of the transaction amount. This is irregardless of whether you gain or lost on the transaction.

 

 

Pls. forgive me in advance if my question would seem to be stupid:

 

If investment advisers earn their living by giving sound advice to investors, and we are supposed to trust their judgment, as they are expert in this particular field, why the heck do they still "work" by dispensing sound advice?

[litebeer]

Pls. forgive me in advance if my question would seem to be stupid:

 

If investment advisers earn their living by giving sound advice to investors, and we are supposed to trust their judgment, as they are expert in this particular field, why the heck do they still "work" by dispensing sound advice?

 

For most investment advisers, they probably already make a lot of money investing. It's likely they're also interested in helping others learn about investing, so they work as advisers. A lot of advisers love to share about how they make money. The demand for investment advisers will only grow, as Filipinos get more disposable income and more and more of us want to learn how to invest.

[magnus]

or it may be a matter of making money by selling people some kind of belief like religion, etc. or not practicing what you preach.

 

with all due respect those who are succesful and genuinely like to help is only about 10% .... give or take

 

For most investment advisers, they probably already make a lot of money investing. It's likely they're also interested in helping others learn about investing, so they work as advisers. A lot of advisers love to share about how they make money. The demand for investment advisers will only grow, as Filipinos get more disposable income and more and more of us want to learn how to invest.

[gherome]

For most investment advisers, they probably already make a lot of money investing. It's likely they're also interested in helping others learn about investing, so they work as advisers. A lot of advisers love to share about how they make money. The demand for investment advisers will only grow, as Filipinos get more disposable income and more and more of us want to learn how to invest.

 

in this dog-eat-dog world, how I wish that is true. There are definitely a few who does that (sharing/teaching/etc), but imho, majority, would still prioritize looking after their own behinds. Let's say they would give you market tips so that you could buy at a certain price (hyping a stock to a certain extent), only for them to have buyers so that they could sell.

 

unfortunately, i experienced that first hand. There was this tip that IP would go to around 8X its current price. I then bought IP, only to see the price fall the very next day. I suffered losses. Some also 'sell' their tips to those who would subscribe to their newsletters, etc.

 

e.g. i know of a fund manager who offers a 110% money back guarantee after a year (minimum of 100K). So his risk for that investment would just be 10%. But any gains of that principal that exceed 10% would go to him. For the clientele, it's still better than storing your money in a bank, but for those who're into the market, 10% for a year is very, very, very much attainable - especially in a bull market.

 

one ventures into stocks with the objective that they would earn money and not exactly to help people. Money is still the king. And at the end of the day, we're still after our profits (regardless of the way we earned them).

[FNX]

Pls. forgive me in advance if my question would seem to be stupid:

 

If investment advisers earn their living by giving sound advice to investors, and we are supposed to trust their judgment, as they are expert in this particular field, why the heck do they still "work" by dispensing sound advice?

 

Some like the work so they keep giving advice even though they've already made it.

 

Some don't have the balls to follow their own recommendation (putting their money where their mouth is)

 

I always try to rely on my own research to supplement advice. 

 

 

 

 

For rooster: bro, you have the exact ruling from the BIR on that? 

 

 

[swami]

Some like the work so they keep giving advice even though they've already made it.

 

Some don't have the balls to follow their own recommendation (putting their money where their mouth is)

 

I always try to rely on my own research to supplement advice. 

 

 

 

 

For rooster: bro, you have the exact ruling from the BIR on that? 

 

But most of them just don't have the balls to put their money where their mouth is, right?

I mean, I understand that there may be some people who, tired of all their money, decide to still "work" by handing out sound investment advice.

But,seriously, how many could they be? Heck, if have lots of money, I would be on the beach 24/7.

[cody3318]

i'm interested to invest in the mining sector, any good leads? i also like to dabble in basura stocks yung mga cents cents lang just to play around. thanks

[rooster69ph]

px

[Semirara]

I heard nickel asia is doing 17-18 at the OTC,did you guys subscribe?

[satnight]

Sirs, a question if I may and my apologies if this has been asked.....lets say that company x a listed company in the stock exchange was to declare a cash dividend. Usually and I think the norm is, its stock price will go down. My question is, when will its price go down and by how much? TIA kind sirs

[magnus]

depends when the holders of that stock decides to sell and how many of them really wants to let go of the stock very badly. its the law of supply and demand, more sellers than buyers drives the prices lower. the bigger the discrepancy the more prices go down faster

 

Sirs, a question if I may and my apologies if this has been asked.....lets say that company x a listed company in the stock exchange was to declare a cash dividend. Usually and I think the norm is, its stock price will go down. My question is, when will its price go down and by how much? TIA kind sirs

[rooster69ph]

Sirs, a question if I may and my apologies if this has been asked.....lets say that company x a listed company in the stock exchange was to declare a cash dividend. Usually and I think the norm is, its stock price will go down. My question is, when will its price go down and by how much? TIA kind sirs

 

 

Usually what happens is that share price would normally go up prior to the announcement of dividends as people tend to speculate the dividend to be declared (either stock or cash). Subsequently, you're right in saying that share price tends to correct (go down) and this happens usually on the ex date. By how much, the norm is it should adjust to the dividend declared. However, there are times when after adjusting prices tends to move up or down within the same day after adjustment because of market forces (demand - supply).

[boytong]

i'm interested to invest in the mining sector, any good leads? i also like to dabble in basura stocks yung mga cents cents lang just to play around. thanks

 

You can try Lepanto A & B, i've heard they have a new investor conducting exploration..

[cody3318]

You can try Lepanto A & B, i've heard they have a new investor conducting exploration..

 

 

thanks for the info., i missed the boat on a lot of blue chip stocks that includes the banking sector. correct me if i'm wrong, should i start buying towards the month of december since investors will be unloading for the xmas holidays. i was thinking metrobank for the banking sector and some oil companies. will look into lepanto, any other mining stocks i should look into? thanks again