vetlongwalks home & pf

The Filipino people yesterday flocked to different voting precincts to cast their votes for the top positions of government; president and vice-president. In yesterday's election, registered voters also get to select their new 12 senators, 1 congressman, and the heads of their local government units (mayor/vice-mayor/its council OR governor/vice-governor and board members) . When a country is about to select their top government officials, the stock market index tends to move downwards due to uncertainty of who will be the country's new leaders. Investors become wary and tend to adapt a wait-and-see attitude. Some tend to sell their positions. On the last trading day prior to Monday's elections, the Philippine Stock Exchange Index closed below the 7,000 points mark as shown below: Voting ended at 5:00 P.M. Philippine time yesterday, and counting of results immediately started. Unofficial results of canvassing by the PPCRV (Parish Pastoral Council for Responsible Vot...

This is late information, but I thought of still sharing it anyway in the off chance that there might be newbies who just signed up for COL. COL or formerly Citiseconline is now called COL Financial Inc. COL is my chosen online stockbroker. To those who haven't heard of COL, you can find their site at colfinancial.com. Click on the picture below to direct you to their site, in case you might be interested in getting into the Philippine stock market. screengrabbed from colfinancial.com When funding one's COL account, one has the option to use the services of major banks in the Philippines such as BDO, BPI, and Metrobank. I just recently learned that one may now also use the services of Chinabank to fund one's account. Through the bank's Bills Payment facility, one may pay online or pay OTC (Over-The-Counter). In the past, I've used either BDO or Metrobank. Whether you pay online or OTC, there is NO charges incurred. But just last December 27, 2015, I received ...