One of the best money making machine ever invented by man is the stock market. Why should you invest in the Philippine stock market? Well, there are a lot of reasons why you should do so and below are some of those reasons.
- It has a huge return of investment.
- By investing in the Philippine stock market, you instantly become part owner of the business.
- By being a stock market investor, you will become a member of elite group of people.
Philippine stock market mechanisms
To become a stock market investor, you need to know the art of buying low and selling high. There are different ways to start investing in the stock market such as mutual funds and individual stocks. It is important to learn the different ways on how to invest in a stock market even if you only have a small amount to start with.
To start with, you should first open a brokerage account. Opening a brokerage account can be done online, phone, or in person. You can also make use of your own bank or hire the service of a reputable company. It is important to have knowledge about bonds and stocks.
What is the purpose of owning a stock?
The primary reason why people invest in stock market is because they hope that the value of shares increases within a certain period of time. Aside from that, there is also a potential principal investment growth. You should as well know the importance of bonds as it will serve as a debt investment. You will earn money through the interest generated on the bonds.
What are the types of stocks you can purchase and sell in the Philippine market?
- Preferred stock
- Common stock
- Convertible preferred stock
- Cumulative preferred stock
644 total views, 2 today