|
Money Forum World
Chat about anything that's money related
|
| Author |
Message |
Aisha Rush
Joined: 08 Nov 2007
Posts: 2158
|
 Posted: Wed Dec 12, 2007 7:14 pm Post subject: I want to invest my P10,000.00, can it be enough for stock m |
 |
|
I want to invest my P10,000.00, can it be enough for stock market investment? how?
I get P10,000.00 from my GSIS a government insurance and Im looking for something to invest it. I have heard about stock markets, can it be possible to invest in stocks? Can anybody explain to me how stock market goes in a laymans term. |
|
| Back to top |
|
 |
dj_fuzion
Joined: 08 Nov 2007
Posts: 2017
|
| Posted: Wed Dec 12, 2007 7:14 pm Post subject: I want to invest my P10,000.00, can it be enough for stock m |
|
|
Yes, you may be able to invest it in the stock market. but, your question Can anybody explain to me how stock market goes in laymans terms. means you shouldn't be investing in the stock market yourself.
You numbers appear like you're from the Republic of Philippines. 10,000 pesos is about $200 U.S. dollars and that's too small to be a decent investment into the the U.S. Stock market. Since you're in the Philippines, I propose you talk to Prudential Financial, a greatly reputable american company. they'll sell you an annuity, a different form of investment that you may get stock like returns in, but it'll not have the risk of the stock market. Inexperienced people can lose lots of money or all of their money on the stock market, besides the amount of money you talking about is too small.
There are other businesses you may be able to get involved with, but I reccomend to get involved with an American company because too many Philippine businesses have financial trouble. And, I do business with Prudential also as own stock in the company. really, I have been doing business with Prudential since 1978. |
|
| Back to top |
|
|
Barbra Bentley
Joined: 08 Nov 2007
Posts: 2116
|
| Posted: Wed Dec 12, 2007 7:14 pm Post subject: I want to invest my P10,000.00, can it be enough for stock m |
|
|
What country are you in? My bank National Australia Bank has a web site for share trading: you open an account, access the internet and start trading. nearly any Western world bank has the same building. .. and theres lots of research tools and so on attached to the site. Read the financial press every day and preferably trade businesses that are established in your country less room for error.
Oh, and Im not sure what P10,000 is worth but I started with the equivalent of about US$4000. Its not really worth purchasing shares in lots of less than about US$1000 or caused by the transaction fees about US$20 per trade . But if you keep them longer, it becomes better value.
Ignore systems, do lots of research, and spread your investments to minimise risk. |
|
| Back to top |
|
|
Carlene Franco
Joined: 08 Nov 2007
Posts: 2143
|
| Posted: Wed Dec 12, 2007 7:14 pm Post subject: I want to invest my P10,000.00, can it be enough for stock m |
|
|
| You can well invest with private investors just half the amount and atleast get atleast 3% per month on the total amount. Say 5000 pounds you'll get 1575 pounds every month as interest. If you want I may help you out. you may be able to get in touch with me. |
|
| Back to top |
|
|
Diana English
Joined: 08 Nov 2007
Posts: 2158
|
| Posted: Wed Dec 12, 2007 7:14 pm Post subject: I want to invest my P10,000.00, can it be enough for stock m |
|
|
be carefull if you're planning to invest in stocks now.. it may crash soon
and its not so easy to make money by trading
look here its good site to start
trade2win.com/boards/index.ph. |
|
| Back to top |
|
|
Importer
Joined: 08 Nov 2007
Posts: 2161
|
| Posted: Wed Dec 12, 2007 7:14 pm Post subject: I want to invest my P10,000.00, can it be enough for stock m |
|
|
dont invest, trade
use aptistock freeware |
|
| Back to top |
|
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
