First, my VA (virtual assistant) career. Its a home base job.I like this idea of having a par time or full time job while at home. How nice right? You can see my progress in my VA blog.
Second, my stock investment. Why invest in stock market? Don't get me wrong i'm not that rich yet, but i can still invest in stock market. And did you know that a maid did it and still doing it. Why can't we do it too?
http://bit.ly/1fWxxVe |
I do this by having a stock brokerage on COL financial. I receive the buy, sell and hold signal per Bo Sanchez advice in his Truly Rich Club where in i was a member. If you are a trader, you won't get what you expect from my blog because i'm concentrated on investment. When i say investment, i am looking forward on putting my money on stock for 5 to 10 years or more. I'm preparing for my daughter's future particularly on her studies and My retirement, of course.
But why do i have to put my savings on stock market rather than banks and other financial institution. Yes, i still maintain my Bank accounts and yes, i still have deposits on that accounts but for emergency purposes only. I love banks, really. Especially when doing online payments. I been saving my time not falling in line and waiting too long with payment centers. But in putting money on banks only give me 1% interest a year with deduction of withholding tax. So if you have P 10,000.00 in your bank account you will then receive a P 100 interest. But if you where investing it on stock market you will then receive dividends (your portion of the companies income that can be in the form of cash and stocks dividends). Aside from the dividends your stock may increase their market price depending on the performance of the company, economy and other factor giving you a gain on the other side.
But why do i have to put my savings on stock market rather than banks and other financial institution. Yes, i still maintain my Bank accounts and yes, i still have deposits on that accounts but for emergency purposes only. I love banks, really. Especially when doing online payments. I been saving my time not falling in line and waiting too long with payment centers. But in putting money on banks only give me 1% interest a year with deduction of withholding tax. So if you have P 10,000.00 in your bank account you will then receive a P 100 interest. But if you where investing it on stock market you will then receive dividends (your portion of the companies income that can be in the form of cash and stocks dividends). Aside from the dividends your stock may increase their market price depending on the performance of the company, economy and other factor giving you a gain on the other side.
Why do i have to have 2 Institution with me? COL financial is where i buy and sell of stock transaction occurs. That's where i see my portfolio. And Yes inside the COL account there is also an investment guide. But i still have my membership in Truly Rich Club. Because i'm transacting little money (P2,000.00 or more a month sometimes P1,000 if i'm out of budget) I have to narrowed down the COL list of potential Company from 5 to 10 Companies.
As you see there are to much number, percentage and etc. But since i'm a member of Truly rich club. I'm receiving email of stock update and stock alerts like this.
I'm receiving a lot more than that. On my next post i will tell you other things i receive from my subscription on Truly rich club. But for now. I will leave the link below if you wish to be a member too!Or Leave a comment if you have any questions. You may also contact me for queries.
Click here if you want to learn how to invest in stock market!
PS
I heard this truly rich club way back 2009 and i just started last year 2012. I miss out 3 years of opportunity to grow my money. You can be like me or start building your wealth today.
Happy investing!
This comment has been removed by the author.
ReplyDeleteThis article is very interested Why i decided to invest in Stock Market. investment tips
ReplyDelete