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.