On July 21, 2014, my 30-year old self braved the financially rewarding yet dangerous world of stock market investing. I have never looked back since that time. Officially on my fourth year in my COL Financial journey today, I wish I have new lessons to share with you based on my first-hand account but I haven’t really been paying that much attention to my portfolio in the past months. The market has been down since February and all I’ve been doing is receiving dividends (which always makes my day!) and buying stocks (they are sold at bargain prices these days!) when I have extra money to deposit to my COL Financial account.
One year ago today, I opened an account with COL Financial and never looked back. I put money into my account whenever possible. It wasn’t on a regular basis, but I made sure to reach a certain amount before I celebrate my first year as a direct stock market investor. What do you know, I did it!
Somehow, I feel quite accomplished and empowered knowing that I have started taking the journey to financial freedom. I am still far from it, perhaps several years far, but my inner self tells me I’ll get there one day. And so I continue to believe in and work to realize my goal.
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.
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.