stocks

HOW TO OPEN AN ACCOUNT IN COL FINANCIAL

I personally use COL financial (previously known as citiseconline) as my online stockbrocker and here are the requirements needed to open an account : STEP ACTIONS DETAILS 1 Fill out the necessary forms and submit it to CitisecOnline’s business center. ·         Customer Account Information Form (CAIF) ·         Online Securities Trading Agreement (OSTA) ·         Signature Cards (2) 2 Submit a photocopy of (1) valid ID issued by read more

INVESTING IN STOCK MARKET

When I was young, I thought that investing in stocks is only for millionaires. This mentality is probably one of the most common reasons why people avoid stock market. It originates from a thought that everyone who buys stocks eventually becomes a millionaire. If only this were true…the reality however, is different. There are two ways to increase money in stock market.  It is either you are a trader or a long term investor… Trading is buying stocks and selling them within a day or a read more

LAW OF COMPOUND INTEREST

I wanted to build big apartments in the Philippines but as a novice staff nurse working in a private hospital here in Abu Dhabi,  It would take a lot of years in order for me to establish a million-peso-real estate business. And acquiring loans and debt is  a big ‘NO’ for me. Because of this,  I’ve decided to use the LAW OF COMPOUND INTEREST which is considered one of the greatest miracle of economics and a great source of earning passive income. Law of compound interest states that you read more