(If you want a quick guide for beginners how to start investing in the Philippine stock market, you can download your free ebook here.)
In this blog, let’s answer this common question on investing: So how do I start?
As mentioned in my previous blog, the first step is to have the money to invest, which requires the step of investing in yourself.
My latest blog also tells you that you can never do it alone, and thus you would need to look for your stock broker.
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| image from http://designmind.frogdesign.com |
Once you’re done, then just follow these comprehensive mind-boggling excessive-neurons-requiring steps specifically designed to answer you most complex questions.
Okay, I’m joking. It’s quite simple.
- Buy – 5mins
- Buy – 5 mins
- Buy – 5 mins
- Buy – 5 mins
- Buy – 5 mins
- Buy – 5 mins
- Buy – 5 mins
- Buy – 5 mins
- Buy – 5 mins
- Check – 5 mins
Be reminded: We’re speaking long-term here. This is for the group of people who just want to get something better out of their money than what the best banks can ever offer, without changing their day to day routine. That 50 minutes can actually cover for a year-long strategy.
The only requirement? Buy the best companies with the greatest growth potential.
The tenth step is to check your portfolio from time to time and see if it’s finally time to sell. J
Simple right?!
Have fun investing!
PS: Get to know these great companies and when it’s time to sell! Join the Truly Rich Club!
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