Stock market investing made easy and accessible through COL Financial Easy Investment Program. New investors can go for the passive investment strategy of peso cost averaging. Buy premium stocks regularly for long term investment and wealth building.
I am a newbie stock investor so please be aware that I am far from being an expert when it comes to stocks. I am just starting out and honestly my investment knowledge is very, very little still.
I have just opened an account with COL Financial last week after attending one of their free seminars, and today I got my online access to COL’s investment platform.
The dashboard is intimidating! 🙂 Numbers upon numbers and tons of them in the ‘red’. But I take comfort in the fact that since I am a newbie investor, trading is far from my mind, and that I’ll be going for EIP which is pattern after investment strategy called peso cost averaging. The risk is still real, but risk is minimized.
What is EIP?
EIP is Easy Investment Program of COL Financial.
The premise is that you will invest a fix amount for regular periods despite market fluctuations. You will invest the same amount following the same schedule even if stock prices go up or goes down.
- P10,000 every 16th of the month
- P15,000 every quarter, on the last week of the quarter
- P50,000 every March only
It is up to the investor how much he can afford to invest and is willing to invest regularly. This passive investment strategy teaches you to be discipline with your money and to manage ‘emotions’ when it comes to stock investing.
Financial experts recommend peso cost averaging for long term investors who has no time to analyze valuations, company reports, market trends, etc. And who want to passively build their wealth over time.
I am ‘in’ for the long term so I don’t worry much about short term loses. Short term loses looks so real these days, hello pre-election jitters.
When I have enough experience and are more knowledgeable, I will surely try out stock trading, but not today. Or next week, or in the next coming months.
COL Online Investment Platform
If you noticed I still have the initial funding of P25,000 unused on my COL account portfolio. I am not buying stocks yet, because I want to read and learn as much as I can in the next few days, and will only register for EIP next week.
The good thing with COL Financial is that they make it easy for new investors to choose good stocks to buy. Their company provides a short list of premium stocks that an investor can buy with confidence, there are 19 stocks on the list.
List of premium stocks recommended by COL Financial for 2016:
- (AC) Ayala Corp.
- (ALI) Ayala Land, Inc.
- (AP) Aboitiz Power Corp.
- (BDO) Banco de Oro Unibank Inc.
- (BPI) Bank of the Philippine Islands
- (DMC) DMCI Holdings, Inc.
- (EDC) Energy Development Corp.
- (FMETF) First Metro Phil. Equity ETF
- (GTCAP) GT Capital Holdings
- (ICT) International Container Terminal Services Inc.
- (JFC) Jollibee Foods Corp.
- (MBT) Metrobank Metropolitan Bank and Trust Company
- (MPI) Metro Pacific Investments Corp.
- (MWC) Manila Water Company Inc.
- (RLC) Robinsons Land Corp.
- (SM) SM Investments Corp.
- (SMPH) SM Prime Holdings Inc.
- (TEL) PLDT
- (URC) Universal Robina Corp.
Format: (PSEI Stock Code) Company
Based on the EIP Seminar that I have attended, COL Financial evaluated the PSEI stocks based on historical performance, strength of the company, dividends distribution, longevity and profitability prospects of the company, and then came up with the shortlist.
If you notice the premium stocks listed above are that of huge, well-known corporations in the Philippines.
Investors are not obligated to buy any of the shortlisted premium stocks, after all it’s just for guide. At the end of the day, it is the investor who will decide what stocks to buy.
Again, this is a passive investment strategy best for long term investor who wants to build wealth over the years.
Check out this video by COL Financial about EIP
As for me, I am looking at going for peso cost averaging on the following stocks: JFC, BDO, MPI.
Current prices for these stocks as of last check today:
- JFC – P226
- BDO – P98.10
- MPI – P5.60
Note: Stock prices changes all throughout trading day.
I haven’t check the board lots required to buy these premium stocks, so I might need to drop one or two stocks to stay within my monthly investment budget.
I’ll report on stock performance after 3 months, hope I have good news to share with you then. 🙂
Are you a stock investor? Or interested to enter the stock market? What are your recommended stocks?