Take it or Leave it!
ADVICE NI TITA LITS Isabelita Manalastas-Watanabe Dear Tita Lits: I read about your explanation on the Retail Peso Bond and the pros and cons of investing in this non-traditional investment instrument which can earn better as compared to interests on ordinary bank savings or time deposit accounts. Good for me to learn other alternatives on how my money can earn better. I wonder if you can give me practical information regarding investing in the stock market? I am thinking of going into this, but I do not know anybody who has experience in investing in stocks. I am hoping na may experience kayo dito, para mai-share naman ninyo sa aming mga bagito, any useful tips. I am in Japan and have been here for several years now, working with a company that gives me good pay. I have saved a decent amount of money which I hope to use to play the stock market. How do I start? How do I choose which company to invest to? I hope to earn the most, at the shortest time possible. Jun, Tokyo
18
Dear Jun: I used to play the stock market both in Japan and in the Philippines years ago. I did well in Japan, kasi siguro dahil madali kong ma-monitor ang movements ng prices of the stocks I bought. In fact, I was able to take my mother and my sister to Europe for a tour, from my earnings then from the stock market. As regards my venture into Philippine stocks – palpak ako! I really lost money there. Hindi ko kasi natutukan at hindi ko na-monitor maigi. So hayan, at least alam mo na, na parang sugal ang paglalaro sa stock market. Pwedeng kumita; pwedeng malugi. Kahit nakatutok, mayroon ding element of luck. Kasi, sa dami-dami ng mga kumpanyang pwedeng pagpiliin, swerte ka kapag napili mo ay tumaas ang presyo ng stock nila, so tubo ka na, kapag ibinenta mo higher than your purchase price. Tandaan mo lang, na bawat galaw mo – buy, or sell, may komisyon ang iyong broker. So i-compute mo what price you should sell para tumubo net of the charges (and income tax).
September - October 2021
