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”