Many people I know are not investing in the stock market. Some may think it is only for the rich and others who have money are afraid of it. But if you have wisdom about it before you do it, the stock market is there to grow your money. I was actually thinking of investing in the stock market years ago but it's only now that I am really into doing it. Here are the sequences of my preparation.
1. I started by reading about investing. I first heard and read about investing in the stock market from I'm not really sure when and where but when I learned that it is where you can grow money, I researched and read books about the topic. The books I first read were Rich Dad's Guide to Investing by Robert Kiyosaki and a book called How to Invest in the Stock Market by I forgot the author and of course several books by Warren Buffet. My book bucket list is still many. Now, I am reading Stock Investing for Dummies.
2. I chose a broker which is based on a recommendation of my millionaire friend. I did my own research and I even attended and visited the office of the broker so I can see for myself if the broker is really what they say it is. I chose COL financial. I attended one of their seminars entitled "Why invest in the stock market". The speaker is great and knows what he is saying.
3. I inquired about the requirements of opening a COL account. I emailed their customer service several times to clarify their requirements. They do reply and I like how they treat email inquiries. What's good about COL is that you can avail of their starter account and your account can be upgraded easily once you got more money in your account.
4. I determine how committed I can be and how much you I invest per month or quarter as well as my goal for my investment. I think this should have come first but I only read it in the book Stock Investing for Dummies. But even in the beginning, I already have my goal which is to bring my Lola to a pilgrimage to the Holy Land and since I budget my income and expenses per month, I already know how much I can place as an investment. Right now, my only dilemma is if I invest monthly or quarterly.
I am still processing the opening of my account. But my goal is to open one before this year ends. I decided to make my sister the secondary holder so whatever happens, she can withdraw the money if ever something happened wherein I can't do the transaction. If you are also interested in investing,I hope you learned from this article and I invite you to learn about stock market investing together.
1. I started by reading about investing. I first heard and read about investing in the stock market from I'm not really sure when and where but when I learned that it is where you can grow money, I researched and read books about the topic. The books I first read were Rich Dad's Guide to Investing by Robert Kiyosaki and a book called How to Invest in the Stock Market by I forgot the author and of course several books by Warren Buffet. My book bucket list is still many. Now, I am reading Stock Investing for Dummies.
2. I chose a broker which is based on a recommendation of my millionaire friend. I did my own research and I even attended and visited the office of the broker so I can see for myself if the broker is really what they say it is. I chose COL financial. I attended one of their seminars entitled "Why invest in the stock market". The speaker is great and knows what he is saying.
3. I inquired about the requirements of opening a COL account. I emailed their customer service several times to clarify their requirements. They do reply and I like how they treat email inquiries. What's good about COL is that you can avail of their starter account and your account can be upgraded easily once you got more money in your account.
4. I determine how committed I can be and how much you I invest per month or quarter as well as my goal for my investment. I think this should have come first but I only read it in the book Stock Investing for Dummies. But even in the beginning, I already have my goal which is to bring my Lola to a pilgrimage to the Holy Land and since I budget my income and expenses per month, I already know how much I can place as an investment. Right now, my only dilemma is if I invest monthly or quarterly.
I am still processing the opening of my account. But my goal is to open one before this year ends. I decided to make my sister the secondary holder so whatever happens, she can withdraw the money if ever something happened wherein I can't do the transaction. If you are also interested in investing,I hope you learned from this article and I invite you to learn about stock market investing together.
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