BPI Trade - For as long as you have a BPI account, there is no minimum capital needed. Just link BPItrade to your BPI account and you're good to go. Philstocks - For as low as Php 1,000.00, you can already open a Philstocks account. Your investment will be used in purchasing stocks and does not represent a balance requirement. COL Financials - Same, Php 1,000.00 to open an account. And other known brokers that now require a minimum amount to open. Unlike before, it's easier to invest in the stock market today as they have already adjusted the minimum investment to attract more people into investing. Open your account today and take advantage of the bloody market while the prices are cheap.
I heard banks are waiving dormancy issues until they can operate 100% at least that’s what I know about some banks which remain closed for ECQ. Other than Western Union, have you tried other alternatives that allow a CAD account? If not possible then I subscribe to @raypin ’s advice that your bank alone can do this.
Trading was stopped. Lots of people waiting for it at the floor price. GMA stocks up, opened at ceiling, but slowly coming back down. Still lots on sale at the moment.
PSE closed today at 6,245.65 it’s been a while since I’ve last seen ‘green’ in our portfolios. We are now down just 23% & 25% overall
I registered with COL last year after a seminar, but didn't trade stocks then. I started buying stocks a little over a month ago (since little to do at home due to the M/E/CQ) with little to no knowledge about proper buying/selling strategies. I continue to research now during my free time, and buying blue chips' stocks based on personal assessment of news reports and quarantine effects (i.e. buy airline shares when they were allowed to fly again). I've sold on a loss several times, but overall, I've earned more than what my money will if it stayed with the bank.
Mm...invest in blue chips, business with long track record of profitability. Buy and hold. In the long run you will make far more money that way specially if you are still young. Covid not important in the long run. Extend your investment time horizon to years.
now is the best time to invest in blue chips. bought some 2 weeks ago and now up quite substantially.
I definitely agree. I haven't had a streak like this in a while. SECB was a gamble, got it at 90. BDO, too. Even MPI which I thought wasn't that active, I've gained. GTCAP, na-FOMO lang ako, but hey, it's still green.
So what are you guys buying now? Big mistake on my part for not buying during the first month of the lockdown. TEL was at 860.00 at it's 4 month low and 1,275.00 at its 4 month high Buy ~4.3m worth and sell for ~6.375m. Pang Chedeng na yan Better yet put the 6.375m into buying all available of MM at P1.00/share IPO price and just keep buying everything below 2.25. At 4.50/share peak price 6.375m would be 14.34375m to 28.6875m
Currently riding the wave with MM and DITO. For the latter, planning to hold until July to see if they push through with their planned rollouts. Also watching out for nickel related companies.
Got MM at 2.25, TP at 3, emotions got the best of me. As for DITO, same here, I’ve been buying in tranches, 2.78, 3.13, and 3.4 today. Next resistance is at 3.8 and 3.94. Moving averages are bullish. July is a bit daunting, with possible 2nd quarter earnings being reported. I wonder if there’ll still be an Aughost month this year?
Was able to buy NIKL before it's 7.18% rise. Now I have enough to get myself an iMac with Apple silicon.
MM IPO made my 2020 portfolio gains a record .Aside from the AC stocks I grab in March and I disposed in June . Truly you make money when the streets are red.
