For COL users, may tanong lang po ako about avg price.
Bought PGOLD @ 32.90. Showed Average Price @ 32.9971 (because of the charges)Now market price is @ 33, which is greater that average prcie @ 32.9971and still registered as -0.79% loss?? Alam nyo po kung bakit negative parin even though Avg Price >MArket Price?
The answer is that the new COL Financial website already shows you the exact NET amount of money you’d receive if you decide to sell any of your holdings at any time at their respective prevailing market prices.
That means the gain/loss column data already reflects all the selling charges, fees and taxes in case you decide to sell it. And it is because of these charges during the selling assumption that make the loss value even though the market price attained a level bigger than your average price.
You can read the discussion thread here to learn more insights.
I tried using my computation excel tool and it also displays the same data with COL Financial.
You can download your own computation tool here so you can simulate your gain/losses for various selling prices. This way, you’d actually know if you’re really gaining or not!
And do you know there’s a way to minimize your percentage loss because of these charges? Click here to find it out.
Have fun investing (knowing where your money goes)!
PS: For beginners, download Bo Sanchez’ My Maid Invests in the Stock Market and Why You Should, Too![PDF]
Click here to download your FREE copy!
PS2: Just starting to invest?
Click here for step-by-step tutorials, tips & tricks and other lessons for beginners.
Author: Omeng Tawid
Have you always felt as if your money is never enough?
Are you one of those people who live from paycheck to paycheck?
Have you been working so hard, but earning so little?
Then join this exciting learning event from one of my mentors!
And the best thing is you can join this wherever you are.
Yep, this will be an online 4-hr seminar session full of practical lessons on improving your financial life.
Online access is only Php 200.00. Such a small price for a huge learning experience.
Did you like this article?Don't miss out on my new posts. Subscribe to Smart Pinoy Investor by email and get my latest tips & updates! Click HERE! (it's FREE)
Avoid losing money and become a smarter investor!
Join my online training program for newbies(for OFWs too!) and learn how you can do stress-free investing!Click HERE!