vetlongwalks home & pf

One of the concerns of those wanting to open a stock market trading account is the instrument's liquidity . Are stocks liquid assets? To someone who's contemplating on getting into the stock market, the question that readily comes to mind is will they be able to get their money back should they need it? Can they easily withdraw their funds should they decide that the stock market is not the instrument they'd wish to use to grow their money? What are LIQUID ASSETS? Collins' dictionary defines LIQUID ASSETS as things that one owns which can be quickly turned into CASH if necessary . Given this definition, I'm quite certain that stocks are very liquid. That is, you can easily sell your shares and get the cash . Compared to owning real estate, or a rare book collection, the chance of you being able to find a buyer easily (ex. within the day) for your shares is higher compared to finding a buyer to purchase your house and lot or that rare book collection. In the sto...

I first entered the Philippine stock market when I opened an online stock trading account with COL Financial Inc. sometime May of 2011. My siblings opened theirs a year or two before me. My sister mentioned several times of the need to save. I didn't heed this immediately as I was convinced there was no need for it. Back then, I was consumed with the idea that I'm going to leave this Earth young, and so I wasn't compelled to prepare for my old age. Contrary to what many believe, entering the stock market doesn't require that much funding.

I bumped into a childhood friend yesterday at SM City. After a quick his and hellos, the talk veered towards COL Financial and stock market investing. I'm one with few delights in life, and knowing friends becoming interested in personal finance, specifically on wanting to dip their hands in the stock market is sure to bring happiness in me (much more delight if they express wanting to know Jesus of the Bible, hehe) . Anyway, I was just delighted to learn that some couple friends of hers are encouraging her and her husband to open a stock trading account with COL [Thank you very much her LG friends :)] . She and her husband, in fact, have submitted their application but are yet to successfully open a trading account pending submission of a missing requirement. Naturally, I found myself volunteering to help her should she have questions later on. Haha, even though I'm on my 6th year with COL , I still must confess not knowing much about the technical aspect of stock trading. I...

A few years ago, one of my former bosses introduced to a friend and I the idea of stock investing. For us Filipinos, stock investing isn't very common. But thanks to advancement in technology, aka the rise of the internet, stock investing is slowly gaining popularity in the country. At the time that my former boss introduced it to us, online platform for stock investing wasn't that available yet. Or at least, it was unheard of to me. Stock investing was reintroduced to me in 2011 through COL Financial.com . This online platform allows ordinary people with not much money to get into stock investing. With an initial amount of 5,000 pesos, any one can open an account with COL.

Credit card use is both a boon and a bane. With unguided use, this convenient financial tool can ruin your financial life. To make the most of your credit card, it's best that you pay the balance in full on or before the due date. Otherwise, you'll carry the burden that is finance charge (FC) and additional payment of late fee if you pay after your due date has lapsed. Even if you religiously pay on time and in full, there's another charge that holders incur just for maintaining credit cards---the Annual Fee . Some banks refer to this as "Membership Fee" as in the case of Citibank. Generally, this is one way banks earn money, from people for using credit cards issued by them. To keep track of my spending, I usually use plastic. Every time I use it, I logged it to an excel file I keep. While there are many apps you can download for this, my preference is still the old school spreadsheet. Anyway, when I logged into my online account, I noticed an amount that I ...