Therese is my daughter. She is less than one month old. Recently, she applied to open an account with COL Financial Group so that she can enter the intricate world of stock market. Imagine that, an infant getting ready for his future without even knowing how to utter the name of her mother! All she does is cry, poop, suck milk and most importantly give joy to her parents. That’s all she does. She is such wonderful, beautiful, smart baby who sometimes smiles incessantly to the joy of her parents.
I know that by the time she reached college, she’ll have more than enough to pay for her college. She doesn’t know anything and yet she is in the stock market already, of course with the aid of her parents.
Time is money and the earlier a man or a woman ventures in the stock market, the better. This newsletter is all about basic investing in the stock market. What she will do is buy great companies every quarter and let the stock market do its job for her.
Most of the parents are concerned on how they can send their children to college. So while their earning power is still high, they take educational plans for their children. Educational plans are their security once their children reach college. It helps them if unexpected situation comes up in the future like termination, retrenchment, money sapping disease, etc.
For my daughter, she’ll have her educational plans in the stock market and she is beginning as early as now. She will handle it on her own later in her life once she is ready. Meantime, we’ll play together all day long.
She’ll do the basic investing first by buying below blue chip stocks every quarter and if the price falls below the buy below price.
OFW Investor Stock Portfolio
| Stock | Buy Below | Current Price | Target Price | Current Return | Buy Date |
| BDO | 60.00 | 63.85 | 81.00 | - | - |
| ALI | 18.00 | 20.45 | 22.50 | - | - |
| PGOLD | 24.00 | 26.60 | 30.00 | - | - |
| EDC | 6.00 | 6.14 | 8.50 | - | - |
| TEL | 2,400.00 | 2,716.00 | 3,000.00 | - | - |
| AGI | 12.00 | 11.56 | 15.00 | - | 20-Jul-12 |
Hello sir,
ReplyDeleteHow did you determine that a company is a blue chip? How did you determine the target price for the shares?
thanks
I'll write an article about this Renzie.
ReplyDeletehi sir, i am also an OFW and i am very interested in buying stocks while working abroad and lately while surfing the net, i accidentally bump into a website called www.citiseconline.com and they have a program that will cater investor who has no experience and time to actively trade in stock market and it is called COL easy investments program. my question is, is this a good program to start my investing journey? And what can you say about online investing? Is citiseconline legit? your reply will be highly appreciated.
ReplyDeleteCitiseconline is legit. In fact, it is the premier online stockbroker.
ReplyDeleteOnline investing is very convenient for OFWs. In fact, its the only way possible to sustain the OFWS interest in stock market. Also, online investing is very legal.
The easy investment program is also called peso cost averaging. Every month you buy blue chip stocks wether the price is high or low. In the end it will just average. My recommendation is use the EIP program when you apply to them and then buy stocks with BUY BELOW price similar to my stocks above.
COL has their own buy below price also so that you will not buy a stock that has gone too much high. Youwont be misguided because these are computed by professionals.