Have you ever dreamed of owning your company but lack funds and courage to start your own business? Do you find businesses risky and non-profitable? If your answer is both a yes in the two questions I asked, then you can still manage your ownership in a company partly by becoming a shareholder. By holding shares in a company, you won’t have to manage the business by yourself. You just have to study the company and its performance. If you want to become a company’s shareholder, this is what you need to do.
Catch me in my live training events! (quick plug)
The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the trainings below.
Participate in public investing. For those who haven’t heard of the term yet, this is investing in stocks through a broker. Many small and big investors have been investing in different companies’ shares and most of them succeed in earning bigger returns. Start opening your investing account now even with a minimum of P1,000. With that small amount, you can be a part-owner of a company. Just make sure you are regularly putting a specific amount to your account to gradually increase your investment. You don’t have to start big.
Long-term investing is the best and most effective if you are looking for sustainable investment. To become a company’s shareholder, you must aim to hold your investment for as long as you can especially if the shares come from good companies. The longer you hold your stocks, the higher the return. However, be mindful of the stocks you buy. Not all companies have good returns for the long-term. Some are ideal to hold for a couple of days or months and some are for years. You must study each and every important piece of the company’s financial report. You must also be aware of the latest news about your company.
Again, not everyone is suitable for stock investing. There are some investors who do better in mutual funds and bonds than stocks. If you are an investor who is just starting or who don’t know much about stock investing, I recommend you to ask for help. You can find your own mentor or seek the help of your friend who is more familiar with stocks. There is no shame in asking for help. All you have to do is list down the questions you have and study the information you gathered later on.