Saturday, May 25, 2013

My First Million in Stocks

A month or so ago, I reached my first million pesos stock investment!!! I only invest in blue chip stocks, so this is for long-term. It wasn't easy, though. A lot of noodle diet a long the way before reaching that! For tips and tricks on how I've been saving money, click here.

A pat in my back.:)


  1. Whoa! Congrats! :D

    I think I'm the one who should be reading your blog! :D

  2. Woohoo! 1M!! keep it up! :) How long have you been investing?

    1. I took the plunge around September 2011. It took a great deal of courage and studying coz the market was bloody around that time but I trusted Warren Buffett's words that investor's should be happy when the market is down coz you can buy great companies in a great price.It's like shopping in a "candy store", he said. And now, Im reaping the rewards! Thanks for dropping by!

  3. Well done! Dapat kang tularan and you're only 27..

  4. Congratulations and good job! :)

    Now, I'm more inspired to try investing. I have a problem though, I don't know where to start! All these terms in investing sounds like gibberish to me (being a non-business major). Ha ha.

    Could you please recommend some sites or books that I could read?

    Cheers! :)

    1. Thanks for reading my blog!

      I am not a business major too and I have zero background when it comes to investing so don't fret about it!

      I am highly impressed with Bo Sanchez' book My Maid Invest in the Stock Market and Why Should You,too. It's easy to understand and doesn't contain finance jargon. I highly recommend this book to all Filipino newbies in investing.

      I also love Alvin Tabañag's 12 steps to Build Wealth on any income. It's a compact and tag-lish book.

      When I was starting out, I didn't read any investing blogs,for unknown reasons. I mostly rely on books, so I really cant recommend a finace blog. Now that I am bloggig, I come across a lot of Filipino finance bloggers so hopefully, you can find a blogger that fits your style.:)

      Good Luck

  5. hello, I'd like to ask because you've already reached a million (or millions?), does it get hard to manage your investment? I mean, because the amount is bigger, is it not a headache contemplating on which company to invest on and how much?

    how many companies are you investing on at the moment? i mean, i was thinking the list gets longer and longer as your money grows? or you just increase your investment on each company. i was thinking if a company fails and the investment is big, you also lose big time. So how do u minimize this risk?

    thanks. i am sorry for bothering....

  6. Hey, not a bother at all:)

    Anyway, I am investing in blue chip stocks- giant companies. They are companies that are proven and tested and have been in business since as long as I can remember, Ex: SM, BPI and the likes. I am pretty confident that they will be in the business 10-20 years from now. I did a little bit of fundamental analysis there.

    I got 24 companies. I do little investing in Real State sector, banks, malls, utilities, builders, etc..

    Always remember not to put all your eggs is one basket. Spread it out so when banking companies you invest in is getting weak and real state companies you are investing is strong, then you are ahead of the game.

    Thanks for dropping by.

  7. Hi PinasforGood! That's truly inspiring! Kudos to your success! :) may I ask how much were you investing monthly to achieve 1 mill in 3 years?
    Thank you and God bless!
    -PS I'm also an OFW hoping to invest but I haven't taken the plunge yet. Hoping you'll be able to provide some tips. You're blog is a great read so far!

    1. Hey, thanks for dropping by and thanks for considering my blog somewhat helpful!

      Believe it or not, I don't have fix amount of money invested every month but all I know is that I am investing 50k plus. It depends kasi sa leftover after I give my mom her pang gastus sa pinas but I made sure nah I'm investing 50k plus every month but not more than 120k per month.

      Take note too that I started investing 2011 but I stopped for a year coz I had to fix and put rooms sa house, admitted my bro to a rehab center, helped my Lola in her cataract surgery and all. I was really carrying a lot of responsibility for that period of time so I didn't get to invest for a year. Now, I'm making up for it. Don't do what I did, invest every month kahit 5k lang no matter how hard. Time is our friend in investing. I should have done that too but I was so overwhelmed with financial stuff that I forgot about investing.

      I hope you will be able to find courage and take the plunge soonest. The stock market is in the bear territory now, nice to take advantage. And oh, invest in knowledge and I hope you would drop by here often.

  8. Hi. Such an inspiration. May i know what strategy are you using? Are you using the COL financial platform? thanks.

    1. Hey, thanks for dropping by.

      One of my posts is all about my investing strategy. I basically am using Peso Cost Averaging wherein I invest exact amount of money every month no matter what the market is doing.

      Yah, I am using COL

  9. Hi there, it's me again, I am about to open a COL account today or tomorrow. I have some questions. I hope you can help me out.

    1. Is it really needed to provide my bank account number? Do I have to open a savings account, I am working in the same building of COL, so I can go and pay straight to them. I am thinking if Bank account is really necessary or it is only for those people who couldn't go there directly in their office?

    2. Aside from the 5k initial amount, do I have to pay them like service fee or other charges?
    *how can COL earn from us?

    3. What are the stocks that I can consider with my initial investment? Double Dragon has a good start, I am considering JFC, AYALA or SM, but is it suited with the 5k or I have to add? I am planning to have 5k initial and 5k monthly on Cost averaging.

    Tips? My first time, you know, idol? ^^
    I am looking for your email so I can ask you privately, but I can't find it.
    Thank you so much.

    1. Hey, my email is in the Contact Me tab and it's

      1) You don't need bank account if you go straight to them. They need your IDs and physical appearance, though.

      2) They charge tinsy amount per buying and selling which is called commission fee and all the taxes which is about more or less 12 percent of your gross amount OR minimum of 20 pesos per transaction.

      3) When buying stocks, be mindful of the Boardlot. Boardlot is a minimum of stocks you have to buy to get that particular stock.Example:

      JCF: boardlot 10
      Price per stock : 100

      10x100= 1,000= Meaning you have to pay 1,000 to be able to buy JFC. You can't just 5 stocks minimum. It should be 10,20,30 increments and not 5,15,25 etc

      5,000 is more than enough per month. I suggest you buy one stock at a time per month para you can save sa transaction fee. It could be ALI this month or JFC this month and so on. That's how I do mine coz Im super-kuripot

      Tip? Buy stocks you know and enjoy and from now on, everytime you buy or consume something, read the label and see if the company is listed publicly and go for it. It feels good to put money on companies who makes products you enjoy.

      Anyway, may FAQ page ang COL. Please read it to be sure. I am abroad kasi and I opened COL account 3 years ago baka they change na their policies with regards to requirements: just copy paste it sa search engine mo if Hindi mo ma click:

      Let me know if you how it goes and good luck!

  10. Wow! Thank you so much. I can go to them tomorrow if my sched permits. Will update you soon. :)

    1. I hope you visited the FAQ section of COL. Just incase you didn't, I copy pasted the requirements:

      1 Fill out the necessary forms and submit it to CitisecOnline’s business center. Customer Account Information Form (CAIF)
      Online Securities Trading Agreement (OSTA)
      Signature Cards (2)
      For In-Trust-For Accounts: ITF Supplementary Agreement Form
      2 Submit a photocopy of (1) valid ID issued by the Philippine Government Example:

      Philippine driver's license

      SSS ID (1999 credit card type only)

      GSIS ecard plus
      Professional Regulation Commision (PRC) ID
      Comelec Voter's ID
      For In-Trust-For Accounts: Birth Certificate of
      the beneficiary/child
      For non-appearance:
      A billing statement would be needed Example:
      Utility Bill

      Credit Card Bill

      Bank Statement

      Fund your account
      Minimum of P5,000 for EIP
      Minimum of P25,000 for Regular Funding Options
      Online Banking via Merchant Payment

      a. Bank of the Philippine Islands –

      b. Banco de Oro –

      c. Metrobank –

      Over-the-Counter via Merchant Payment

      a. Bank of the Philippine Islands

      b. Banco de Oro

      c. Metrobank


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