WHERE CAN YOU INVEST FOR AS LOW AS P1,000? | Marvin Germo

WHERE CAN YOU INVEST FOR AS LOW AS P1,000?

By: Marvin Germo | October 12, 2019

You Can Invest With P1,000

Many of you may have an idea now that it’s possible to invest with a little amount of money but for those who are just starting, I’ll give you more specifics on how you can invest with P1,000. Not everyone who wants to earn passive income or become financially free in the future has the capacity to bring out a hundred thousand or a million to put into an investment or trading account. Now that our technology is advanced and there is more access to charts and company information, most brokers out there allow investors to start even with just a small amount of cash.

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.

Stock Smarts Cebu – October 26-27,2019
Stock Smarts Singapore – November 6-10,2019
ICON Davao – November 30, 2019
Stock Smarts Manila – November 24, 25, December 8,9,15,2019

Invest In Stocks

You can invest in stocks with P1,000 depending on the broker you choose to use. One of the most popular online brokers and the best is COL Financial. This broker lets you opt for 3 types of accounts: the COL Starter, the COL Plus, and the COL Premium. The COL Starter is an entry-level account with a minimum investment of P1,000. This is suitable for those who want to invest but can only bring out a small amount of money. This account type is also for long-term investing. The COL Plus is for active traders and requires P25,000 as a minimum investment while the COL Premium is for premier investors who can cash in at least P1 Million. There are still other brokers out there but they require at least P5,000 to start with.

Invest In Mutual Funds

When you invest in stocks, you need to study each company you invest in so you would have an idea of what to sell and buy. But when you invest in mutual funds, fund managers will take care of your money. You just have to choose the right fund that suits your risk tolerance. One known broker when it comes to mutual funds is ATRAM Group. Recently, they launched an online platform called Seedbox wherein you can shop for a variety of funds such as equity funds, unit investment trust funds, and mutual funds. This platform has all the information you need when buying your funds and you can start with just P1,000.

Avoid Scam Investments

You may be blinded by some scam investment companies because they would only require at least P500 for you to become an investor. Avoid this kind of swindle and only trust brokers and companies who are registered in the Securities and Exchange Commission with the right licenses. If you really value your money, do not risk investing it in companies that promise too-good-to-be-true profits.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book