What Is the Stock Market?
- Stock Market is where investors connect to buy and sell stocks.
- Stocks or Shares are quantified part-ownership of a public company.
- Public Companies are companies that offer their stocks to the public.
- Stock Brokers are the middlemen between investors and public companies.
- Investors buy stocks for the long term in hopes of increasing wealth.
- Traders buy and sell stocks in hopes of gaining profit.
- Day-Traders buy and sell stocks at high frequency in hopes of getting rich quickly.
How to Earn With the Stock Market
There are three common ways that people earn from the stock market:
- Trading — buy low and sell high.
- Investing — your net worth rises as the stock you hold increases in value.
- Dividends — some companies distribute part of their earnings as cash or additional shares.
How to Start Investing
To start investing in the stock market, the first step is to register with a stock broker. These are some options in the Philippines:
BDO Nomura Requirements
- BDO savings account
- BDO online banking registration
- TIN registration
- P2,000 initial deposit for the bank account, with no initial deposit required for the trading account
- Register for BDO Nomura
COL Financial Requirements
- Bank account
- TIN
- P1,000 initial deposit for the trading account
- Signed registration form mailed to their office
- Online or face-to-face interview
- More info about COL Financial