I will write a series of posts about the meaning (in simple terms) every jargon involving the stock market. I might do also YouTube videos on some how-to things also involving the stock market. Example: How to open a stocks broker account? Or how to open a Philippine bank account? Like BDO.
Let us continue learning something. Improve ourselves. Improve on how to handle our hard-earned money. Dahil hindi biro magtrabaho sa abroad.
OFW's should go home and retire someday with something. Most of us OFWs work abroad, not as a choice but because we don't have a choice. Most of us went out of our country with "nothing". We should at least go home, retire, with "something".
I know that investing in the stock market is difficult. In the stock market, you will be able to earn money very fast (if you know what you are doing) and lose money very fast (if you are ignorant). You don't know where to begin. My friend, the key is education. You need to educate yourself. You need to study. You need to learn about it before getting your hands dirty on it.
Nowadays information is scattered on the internet for free. All you have to do is filter and fact check that information and absorb what will help you. Let's begin with terminologies first. As I told above, I will be writing a series of posts about stock market terminologies.
While we are studying the stock market by reading, researching, watching videos, we can start something else on the other side. Let's start by having a bank account first. Open one bank account, if you don't have one.
I think the most practical choice is BDO or BPI as they have an online banking system that can be used to open and fund a stockbroker account later on. BDO itself has its own stock trading platform that can be associated with its bank account.
I will create a YouTube video on how to open a bank account. Stay tuned.
No comments:
Post a Comment