Can the stock market make you rich? If you ask Lambert, a hard-working OFW who began investing in stocks 10 years ago, yes! Stocks investments can make you wealthy!
This is the stock success story of Mr. Lambert Aquino (real name withheld for privacy). Those who invest and takes calculated risk, gets rewarded. This is his stock journey in his own words as shared on the Facebook group Investing in the Philippine Stock Market – Tips and Tricks. May his story inspire you to begin investing in the Philippine Stock Exchange.
As low as 5000 Pesos YOU CAN ALREADY INVEST IN THE STOCK MARKET! But first, you need to learn more about this opportunity, arm yourself with deeper knowledge, attend free seminars from stock brokerage firms.
Share ko lang yung story ko baka sakaling maka inspire sa iba lalo na sa mga OFW na nagpapakahirap sa ibang bansa para sa family.
High school graduate lang ako kaya at the age of 20 nakipagsapalaran ako sa ibang bansa para kumita ng pera at para makatulong sa magulang. I worked in Riyadh, Saudi Arabia for 30 years as a baker, mahirap talaga kumita ng pera kaya naging matipid ako at nag-ipon ng nag-ipon.
Last 2005 tumigil na ako dito satin sa pinas, nakapundar ako ng bahay para sa magulang ko at sa sarili kong family. Sa 30 years ko sa saudi, 2 million pesos ang naipon ko at naisip ko dapat may pagkakitaan ako para di to maubos basta basta lang.
Nagtayo ako ng maliit na bakery dito samin parang Kambal Pandesal or Julie’s Bakeshop ang dating, almost 500k ang naubos ko. Bale 1.5M pa natira sa savings, naisip ko na dapat may retirement funds ako para di ko na po-problemahin ang monthly na gastusin pag senior citizen na ako.
Nag search ako sa internet regarding investment, ayun si COL Financial ang nakita ko, mejo nag aalangan ako kasi alam ko mga mayayaman lang mga nag iinvest or yung mga may magandang natapos na kurso.
Umattend ako ng free seminar nila, bago ako pumunta nilista ko lahat ng gusto kong malaman.. During seminar, nagtanong talaga ako ng nagtanong dun sa speaker, halatang wala akong ka alam alam. Haha. After ng seminar, ayun naliwanagan ako.
Hindi scam/pyramiding ang stock market, nalaman ko rin na pwede ako mag invest dun sa mga kilalang company. A month after nung seminar, nagopen ako ng account sa COL, I decided na yung 500k ang iinvest ko then yung natitirang 1 million is for savings/emergency fund.
Isa sa natutunan ko during seminar, dapat bilin mong stocks eh yung company na kayang tumagal ng more than 50 years at talagang tinatangkilik ng mga tao ang products nila tulad ng bakery, umulan man o umaraw bibili sayo ang mga tao basta masarap ang tinapay mo.
Ayun, hinati ko sa dalawang stocks yung 500k. Bata pa lang ako madalas ko na makita sa advertisement at TV commercial yan sila at madalas din kasi bilin ng tao ang mga products nila, in short in-demand sa kahit anong edad / estado sa buhay – mayaman ka man o normal na tao.
Last September 10, 2016 was my 60th Birthday and this year din ang 10th anniversary ko sa stock market, 10 years ko ng hawak yan sila (Jollibee JFC and Universal Robina Corporation URC) at sobrang happy ako that I made the right decision 10 years ago. Plano ko na ipatransfer sa anak ko tong account dahil ayokong bitawan sila dahil naniniwala ako after 50 years, bahagi padin sila ng pamilyang Pilipino.
PS: Dummy account gamit ko for safety reason, pero yung real account ko ay member din dito po.
Here is a snapshot of his online portfolio thru COL Financial as shared on the Investing group:
Happy Birthday to you Sir! Congratulations on the success of your stock investment journey. Thank you for the inspiration and for sharing your story! May it inspires more OFWs to start saving then investing in the PSE!
What stocks did Lambert invest in? 10 years ago Lambert chose to invest in the stocks of fundamentally good companies which are leaders in their respective industries – Jollibee and Universal Robina Corporation. 10 years after, from an average buy price of P31, market value now of JFC is P236 while URC from P17 per share to today’s P180. If you check his stock portfolio, he was able to increase P500,000 to P4.4M! A portfolio gained of 3.9M!!!
So what helped this OFW investor get to where he is now?
- He did not use his limited school education as an excuse to stop him from going after his dream of a better life for himself and his family; he went out to grab opportunities where it presented itself. In his case, life brought him to Saudi where he worked hard.
- He saved and saved. So at perfect timing, he has money to use in stock investing.
- He armed himself with more knowledge about stocks, he attended seminars, ask questions, research more, etc. before he dived-into stock investing.
- His strategy is buy and hold, and it worked amazingly for him, he is now 3.9M richer from his investment money of P500,000.
**Stock trading, going for quick trades is another strategy that you can look into. But this strategy is best for those who have time to really focus on the market, study charts, in tuned with market pulse, able to time price movements, etc.
**Another strategy is Peso Cost Averaging.
Stocks is not only for the rich and already wealthy. With just P5000 you can already invest in the stock market. Open an account through your preferred stock brokerage firm.
It is a good decision of the Philippine Government to introduce financial literacy in high school, hopefully with this move, we will have move investment-savvy youths in years to come.
Stock Investment for OFW
If you are an OFW, check out stock market investment. This investment vehicle may fit your investment profile, risk appetite, financial planning, etc. If it does, open a stock account so you can begin investing as soon as possible.
May we have many more Lambert today and in the future among our OFWs and everyday Filipino!