Can you really make money in the stock market? Typically when the Philippine Stock Exchange index (PSEi) surges, stock picks of virtually everyone — from self-proclaimed gurus … Read More
Hundreds of clients of COL Financial are trooping to COL’s Facebook page to rant and complain about access and account issues currently plaguing the stock trading … Read More
The website of COL Financial got hacked?
In an email sent to COL clients last Friday, October 20, COL’s President and CEO Dino Bate mentioned that there was a “possible breach” in the COL system.
I’ve always had this love-hate relationship with the Bank of the Philippine Islands (BPI).
In the past, I’ve ranted about their customer service, the ATMs that do not dispense cash, BPI’s smartphone iOS app which proved too tedious to download and my missing stocks in BPI Trade’s online trading platform.
I’ve been severely disappointed by them so many times, but they also provide me conveniences and perks that make me stay. Ours is indeed a whirlwind of a relationship but to this date, I can say I’m still generally satisfied with BPI.
Here’s another one of those stories that makes me like them.
Back in 2009, we listed down Philippine stock brokers offering then an online trading platform. Times have changed and, four years later, more brokers have started offering online trading, with some attempting to differentiate their service.
The good thing is that more and more Filipinos are now looking at stocks as a viable investment instrument. The goal is, of course, to have more Filipino citizens who are financially literate, because that is key to developing the financial markets that could help drive the country’s economic growth.
Of course, there is still much work to be done since only less than 1% of the Philippine population are currently invested in stocks (as seen in the Infographic on the Profile of the Filipino Stock Market Investor).
The bad thing, though, with this current trend of Filipinos joining the stocks bandwagon is that a lot do so without understanding how exactly the stock market works.
What are the best stocks to buy this 2013?
For those who are into stock trading, this is perhaps the one question they have been asking everyday. Sadly, no one can give a 100% correct answer to that question. No one can claim he or she has the power to accurately predict what will happen in the stock market.
When issuing stock recommendations, brokers and analysts may use the same terminologies but may differ in the meaning of the recommendations.
For example, a “Buy” rating — as opposed to “Strong Buy” — may mean that the stock is “projected to increase in value in a longer-term duration”, while “Strong Buy” may mean that the stock will “appreciate in value in the next 12 months”.
