Are you wondering how people invest before? Without the big screens, algorithms, and servers? Without online accounts and company’s websites? Everything has changed because of the internet and it includes how people invest today. Remember how Warren Buffet reviews the financial statements of the companies where he invested in? Without the internet in his period, he read a lot of papers just to get an insight of their earnings. Although there are some investors that prefer reading through newspapers, magazines, and printed materials, we cannot unhide the fact that internet has made everything easier for us in terms of investing.
Catch me in my live training events! (quick plug)
The heart of why I do this 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 on how you could time the market checkout the trainings below.
Stock Smarts Singapore — May 18 & 19, 2019
Investment Conference 2019 – May 25, 2019
Stock Smarts Manila — June 15, 16, 22, 23, & 29, 2019
Stock Smarts Iloilo – July 6 & 7, 2019
Stock Smarts Cagayan De Oro – July 20 & 21, 2019
Stock Smarts Hong Kong – August 11, 2019
Stock Smarts UAE – August 30 – September 3, 2019
Stock Smarts Qatar — October 3 – 6, 2019
Stock Smarts Taiwan – November 2, 2019
If you’re wondering how people initiate their interest in investing before, here’s the answer–over the phone. Yes, investors were willing to invest over the phone! This was somewhat the reason why frauds and boiler rooms were common before. Now that the internet has evolved, investors become more skeptical. The process of investing is not over the phone anymore. In fact, it comes with proper verification to know the name, address, and financial status of the investors. This process lessens the possibility of scam and fraud.
When you say trading floor before, you would imagine the Wall Street full of brokers talking loudly over the phone just to get the deal closed. Even the analysis of everything was just written on chalked boards! There was really no way to understand and study the movement of your investment unless you were willing to go through the writings on the chalk board. Now, the internet has provided us something convenient. You can analyze the market movement through servers, algorithms, and big screens now. The image of the trading floor today is not a company packed of people but an online platform where you can view your market orders, limit orders, real-time quotes, and other essentials for trading and investing.
I couldn’t agree more that investing over the phone is sketchy. But now that we have the internet as a backup to watch everything out real-time, more and more people are willing to invest. Having online accounts help in encouraging new investors to regularly save and invest because they have can monitor how much money they have saved already. Company websites are definitely the easiest way to take a look at the companies’ financial and review how they perform for a certain period. The process of online fund transfer also makes investing uncomplicated because you get to fund your investment in one click. Everything is evolving today. Use this as an advantage to learn more about your investments.