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Pros and Cons of Trading Stocks in the PSE?

DomnicFernas · 2 · 1854

DomnicFernas

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im starting to venture on the PSE . Pros and cons?

like what was your motive for you to step in the world of stocks? were you an average working middle class man with an average salary and wanted to gain more money? or baka mayaman kana if tama ang term and naisip mo e-try ung PSE? those sort of things . Maybe financial background (kahit hindi specific just so may idea lang) and what not . Para lang malaman ko if this is the thing for me.


Not to sound greedy pero i love the idea of having money . For the reasons of i like to be stable in life yung tipong namromroblema ako sa pera. kasi may nakita akong youtube channel na nagkakaroon nang malaking income based on sa stock market nang ibang bansa . i know its not always income there are always bad days.
« Last Edit: Nov 17, 2019, 01:13 PM by FutureGizmo »


Thomas

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It's pro if you are good at it,
a con if you aren't   :)       (except if you have a good advicer.  Almost all brokers are NOT good advicers. Even if a broker are good, they want a lot of stocks to be TRADED by they earn by commision  - or are involved in scams  :)  promoting "penny shares".)

Phils stock market has much BETTER potential in the long run than USA and Western Europe,
but biger risk for scams in Phils too. 
Phils taxes at stocks are low though.  But that's interesting only if get profit   :)


(I earned rather much at the Swedish stock market back 1978-1987  (Simple routine earning 30-35 % per year until officials stoped that opportunity) and 2000-2008 (e g I earned 50% in 5 months at one share type when the market FELL.) But nowadays it's much to high valued so I have skiped it. 
The Phils market I haven't studied enough to invest, but I know the rich families get big part of their income from high DIVIDENTS in companies they control, which perhaps can be a factor when chosing which stocks.
« Last Edit: Feb 27, 2020, 12:52 AM by Thomas »


 


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