Every journey has its start, and I want to share with you how I got started on this whole investing business.
To tell you honestly, I have zero background when it comes to stock market. Back then, I don't even know what Ticker symbol means! And math is not my forte. I don't trust myself with any calculations without a calculator beside me. Yup, that's how bad I am when it comes to math, but hey, this bad-in-math person has become an investor. So for all of you who are intimidated with the math involved in investing, I'm here to tell you that it's not a hindrance at all. I swear!
So, let me tell you how this bad-in-math-wanna-be-stock-market-investor took the plunge and got her feet wet into the world she never ever thought she would step in.
3 years ago: It's a long story but I became friends with one of our residents where I am working. We talked for hours and he would always tell me that "I am his daughter he never had". I grew up without a father so these words touches me deeply, and so we became close. I shared with him my desire to go home. I shared with him how lonely my life here and I also shared with him my long time ambition of becoming a Catholic Missionary but, I just can't fulfill what my heart's desire at that moment coz my family needed me financially. I told him if only I could find away to save up and just don't worry about what future brings. At that time, I know its impossible. Out of the blue, he mentioned : Why don't you study stock market? Philippines is like 1960 USA. So much potential. So much space to grow...... I was like What?? Stock Market?? Buuuuuuuuut, math isn't my forte!
He smiled and we talked. He suggested a book to me to be borrowed at our nearest library. He said that this books will hopefully open my mind and the rest is history...
This book really change my mindset when it comes to my financial powerhouse. Super powerful book and I do believe that this is an effective book to read for those who are starting out:
After I read the book, I was hyped like a person on drugs and researched further on how to invest in the Philippine Stock Market. I found this book and I was really really stoked!
I love this book! It is easy to understand. No intimidating jargons at all. Best of all, he is a catholic preacher. Our belief is kind of aligned so I am totally loving all his books. I got the e-book for free, by the way.
I was willing to get started at that time but I had problem coz I don't have Philippine bank account. No finance footprint at the Philippines at all. To know how I eventually open bank account and investment accounts, click here.
That's how I pretty much got started and to these days, I am thankful for the person who opened the door for me to get into the world of investing. I am the first in my family, immediate and extended, who is investing and I am proud of it. I will teach those who are willing to listen. And when I finally become a Catholic missionary, I would dedicate that journey to him, my mentor, with all my heart.