Now, you could also invest in stocks via online platforms (such as COL Financial) in order to buy and sell stocks but what is stocks exactly?
Stocks is actually a share of a company on which you could buy or sell as an investment. You could acquire this in person or via online and once acquired , you typically hold a “stock” of that company. For example; SM Department store is selling stocks of 100 … You wanted to buy 5 units costing about 50 pesos each (or a dollar). Once bought, you own 5 stocks of the 100 that the company was selling- now you are technically a “share holder” with 5 stocks out of 100. Easy?
Now the good question is: What stocks to buy? Actually, that depends and we will talk about that on a later article on “What stocks to buy in the Philippines.”
So how do yo profit from this? Follow these easy steps and you are on your way to a rich life here in the Philippines.
- Buy on low stocks and sell on high; you could do this by buying when the stock market is on low and sell it when your stocks are higher in value at a later time. Take note that you have to ensure that you buy when the stocks have a “chance to go up” not when it is going down.
- Short sell when the stocks are low; you can do this if you buy a short selling stocks (a stock which will profit when it is DOWN) and sell it on a lower index. However, you have to take note that in short selling, you got to ensure that the stocks will go down, not UP. Because if it did, you will lose money because the “short sell” does not profit on Bullish market (Going up/high index) but on Bearish Market (going down).
- Make sure that there is a pattern; for example, below is a typical chart pattern, you will see that the index does not GO UP abruptly. It often has a “window” where there is a chance to forecast if the stock will go down or up. I will call it a “stair method”.
That’s it. You can be assured that you will profit from the method above. You could either go for a short term investment (6 months or so) or even a Long term one. Just remember, buy low-sell high. If you have any questions or concerned, feel free to ask me by commenting below. Remember to get my ebook “Living Successfully in the Philippines” – your guide to the rich life in the Philippines.
Live a rich life in the Philippines.