One year after my last post in this series, I’m writing again to celebrate another milestone in my financial life — my third anniversary as a direct stock market investor via COL Financial!
So far, things have been doing great. The market is bullish once again after several months of being bearish. During those gloomy months, I intentionally didn’t check on my port. The few times I did, I just bought more stocks so I could average down those that were in the red at the time, SSI included. And what do you know? SSI finally recovered last month. It went as high as PHP4.33 per share against my average price of PHP3.88. Thinking that the trend would die down soon, I sold my SSI shares immediately when it got to 4.07, which gave me a gain of around 4.8%. Now, why did I not wait for it go higher? I have to admit I got emotional. It’s been more than a year since I had SSI on the red, with losses reaching as high as 43% at one point. Having seen it turning to green recently was an overwhelming feeling. I just felt I needed to sell it right away for fear that its price would go down again and I would have to wait for a long time before it could recover. At least I still made money from it. The decision also prevented me from selling at a loss when I felt like it.
Continue reading “Lessons on Stock Market Investing, Vol. V”
Today marks my second year of investing directly in the Philippine stock market through COL Financial. So far, everything’s okay. I have a number of paper losses but my profit way exceeds its amount so technically, I’m just losing a part of it, not my capital. Also, as long as I don’t sell the losing stock positions, the paper losses will just be imaginary.
Here are more lessons I feel compelled to share with you as I continue on this exciting financial journey:
Continue reading “Lessons on Stock Market Investing, Vol. IV”
At present, my stocks portfolio with COL Financial is experiencing a low. (Even my BDO UITF is on the negative side right now.) I’d like to believe the market is down or having some sort of a correction. It’s been like that since the month started. Brenda, a newbie stock market investor like me, shares the same sentiment here. The last time I checked (which was this morning), one of my stocks even had a loss of -18.50%. Should I be worried? My heart says yes while my mind says no. I choose to listen to the latter. I try to be positive about this because I have faith in my stock picks.
To continue with my Lessons on Stock Market Investing series (you may read Vol. I here), below are some of the things I learned from my nine months (as of April 21st) of investing directly in the stock market:
Continue reading “Lessons on Stock Market Investing, Vol. II”
It’s been seven months since the hubby and I became direct stock market investors (through COL Financial) and so far, I’ve been enjoying the experience. I said “I” because the hubby has left the Herculean (exagg lang!) task of managing our stocks portfolio to me. He just helps put money into our account and I just report to him every transaction I make.
a glimpse of our stocks portfolio
When 2014 ended, I tried computing our profit and was amazed to find out that we earned 7.55% from our original investment in just six months. I think we just got lucky because I bought mostly blue chip stocks like BDO, JFC, ALI, etc. For this year, I set a realistic target of 8% profit. If I could achieve a bigger profit percentage, I’d gladly take it.
Continue reading “Lessons on Stock Market Investing, Vol. I”
There are two ways to earn money in the stock market: capital appreciation and dividends. Last month, I was pleasantly surprised to receive three cash dividend payments. These were from the three companies in my stocks portfolio: Meralco (MER), Ayala Land, Inc. (ALI) and Banco de Oro (BDO).
notice of cash dividend (MER)
As a newbie stock investor, this good news made me very happy. It was my first time to receive dividends, after all. The feeling was kind of surreal. Haha. They were just small amounts, but they were still passive income. I didn’t work for it; my money worked for it. And thinking about it now makes me more inspired to manage my finances better so I could continue making my money work for me (hello Mr. Robert Kiyosaki!).
Continue reading “3 Cash Dividend Payments in 1 Month”
I’m turning 31 years old in October. Still young, I guess, but not so young when it comes to investing. As they say, the earlier you invest, the better. I don’t regret it, though. I may have not invested early when it comes to assets of various kinds, but I have other “investments” in my life that are now bearing fruits.
You see, I used to be the breadwinner in our family. That was after my father lost his job in 1999. Actually, I fully became the breadwinner after landing my first job after college. I sent my three siblings to school and luckily for me, they were able to finish their studies one by one. They are my other “investments” that are now bearing fruits. And so today, we are working together to give our parents the good life that they deserve. But that’s another story for another time.
Continue reading “Planning for Our Financial Future”