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In this post I answer a question I received from a reader about long-term investing in Philippine Stock market. (In case you also have a question, you can send them to me here).
Im Shera & i just started stock market. I thought kasi, meaning ng long term is mag buy lang ng share ng isang big company regularly, like in my case monthly, for 3years then stop, then wait again for like 5-10 yrs tsaka ibenta yung shares. Hindi pala ganun yung long term?
Omeng: Actually long term na yun if you hold it for 10 years. i don’t see any problem with it basta “great” company ka maglagay. But I suggest that you don’t stop adding after three years. Just keep adding regularly an amount that you can regularly commit on a consistent basis.
Shera: As of now kasi, i want to join TRC, but i have my doubts. Kasi nga, im busy in my current work. Sunday lang yung off ko. Worth it ba mag pa member kahit na i only open or check my account 15-20 mins a day? BPI trade pala yung na open ko na account kasi walang col sa cebu.
Omeng: TRC (Truly Rich Club) is in my case helping me more than simply in investing in Philippine stock market. But if you’re confident with your choosing stocks, medyo malaki na rin ang 497 compared sa 3k monthly so medyo mahirap nga ito ishoulder for you.. but in my case kasi, it helped me in ways other than stocks ike how to increase my cashflow, lead a balance life, and be constantly focused on more important things. It’s also a reminder when I get distracted and gives me network that can support me in my financial journey. Really a big help actually plus all those meet-ups. Depende na ito sayo if you’ll join. You can take a sneak peek inside it how it helps in investing in this brief video.
Shera: Concern ko rin kasi, pinaka mababa ko na iniinvest na money per month is 3k, so yung minimum # of shares lang ang nabu-buy ko. Pwede ba yun? Mag buy and sell ng small number of shares? Hindi ba yun lugi?
Omeng: if regular buying naman, okay na ito.3k monthly. in effect you’re accumulating, tapos sell some or all after 10 years.. lugi ka sa charges if ipang trade mo ito, which is not your case now.
Shera: Medyo confuse kasi ako sa SAM if applicable ba yan sa Small investors, that is literally small, like me. Kasi i watched a webinar and they’re talking 10,000’s worth of money when they’re doing the SAM…
Omeng: SAM (or Strategic Averaging Method) is designed for semi-passive long-term investing. It works well even with small money like 3k. i suggest you keep adding regularly para time will come you will have substantial capital. That way your money will compound and will take a shorter time to achieve a target you have.
Also you can join our webinar to lean more about long term investing. Click here to register (free)
Hope this helps!
Have fun investing,
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