A lot of people are telling me to joint the stock market, they always tell me that it is easy compared to yesteryear . Aside from the ease of it you don’t need huge amount of money to join, as little as 5000 pesos you can now join the stock market.
One of their recommendation it to enroll or join Col Financial. But what is Col financial? As per their website Col Financial is the fastest growing online broker with over 100,000 customer and a total of 55 billion customer assets. The traditional way of investing is to find a broker that will be the middle man that will invest for you in the Philippine Stock Market. Every time you want to buy or sell you need to contact this person. With Col Financial online trading you don’t need to contact any person just to buy or sell as long as you have funds in your account and an internet connection you can buy and sell using their platform/website.
The minimum investment needed to open an account is 5000 pesos, they call this account “Col Starter”. You need to fill up some form and send to their office and they will give you instruction on how to deposit the amount and once you have deposited they will give you an user ID and password. You then log on to the col financial website and start investing your 5000 pesos.
How Col Financial earn?
Col Financial earn from you by means of commission, every time you sell or buy stock a you pay a little commission based on the amount you purchase.
I am currently enrolled in their system and from time to time i would post my mistake and improvements in the stock market in this blog.