Most Filipinos, when they hear about the stock market, think that it is for businessmen, company CEOs, or people who have millions of pesos. Some think it is for intellectuals who understand all the graphs and can do countless analysis. But the truth is, investing in the stock market can be simple–even a student can do it!
Are you a Trader or Investor?
You may have heard of scary stock market stories where people lose so much money in such a short time. This can happen in a matter of seconds. People called “Traders” transact like this in the stock market. Mabilisang kita, but it is very risky because they have to be watching the market most of the time so they can react quickly.
Did you know that there is another way to enter the stock market? You can be an Investor! It may sound complicated, but it is as simple as being a Co-Owner of a listed company. (Read more about it here: Be Partner with Business Tycoons)
For as little as 5,000 pesos, you can start investing in successful businesses in the Philippines. Some of the companies listed in the stock exchange are household names like SM, Jollibee, Globe, GMA7, and many more! Just like a real business owner, you have to think long term and hold on to your investment for many years.
Because of the technology nowadays, almost everyone can be a stock market investor. Regardless of your age, income, and experience, you can be part of the phenomenal growth of the Philippine Stock Exchange. How? It is through the Peso Cost Averaging Strategy. (Read how it works here: Peso Cost Averaging Explained)
To answer the question “Can a student invest in the stock market?” the answer is YES! Sounds hard? What if I tell you I know someone who started while he was still in high school? Who? ME!
My Stock Market Adventure
Like any other kids in high school, I wanted to buy a lot of things. At that time, I wanted to buy VHS tapes so I could watch my favorite movies repeatedly. Even though I could ask money from my parents, they trained me to work for money so I could buy the things that I wanted. That was the reason why I looked for a summer job.
I worked for the Philippine Stock Exchange as a “runner”. My task was to bring documents from one point to another.
Spending time in the stock exchange everyday taught me how it works. Seeing how it can make money for people, I entered the stock market and started trading. I was so happy that I was earning my own money. But it wasn’t always the case.
There were times that I lost money too because I wasn’t always available to watch the market everyday. It was only later that I discovered that another way to participate in the stock market was to invest using the Peso Cost Averaging strategy which I mentioned earlier.
The Aya Today
Starting early taught me valuable lessons about money. I learned that TIME is one of the most valuable assets that a person has.
I now devote myself to sharing knowledge, especially with students to start early just like me because I believe that students have a great advantage – they have a lot of time to make their money grow!
No matter how small their money is today, it can go a very long way once they learn how to save and invest. Little by little, instead of putting money in a piggy bank, they can invest in growing companies.
So if you are a student and you are reading this,
TAKE CHARGE OF YOUR FINANCIAL FUTURE AS EARLY AS NOW!