Many individuals are still intimidated in investing in the stock market.
Aside from the fear of financial loss, among the concerns on investing is the confusion brought about by quotes, data, charts, and matters surrounding the stock market itself.
The stock market is a place to buy shares or part of a publicly listed company. Buying multiple stocks may earn a way to becoming a shareholder.
According to an expert, an account can be opened with only as low as ₱5,000 as “there are a few brokerage that offer a low initial funding.”
“I suggest monitoring the market scene how these companies perform. If you can, you can try investing in the big companies. As the economy recovers naman, we know that these companies will too,” AAA Equities head of research Chris Mangun advised.
Among the ways of gaining profit from the stock market are by earning annually from dividends and from capital gains once an investor decides to share a stock that has appreciated over time.
The Philippine stock exchange index has for two weeks been falling amid uncertainties with the new quarantine restrictions come February and due to the risk of COVID-19 infection. This has resulted in the drop in prices of stocks.
“Dahil sa nag-recession ang Pilpinas, bumagsak ang presyo ng mga listed companies na ito. ‘Yun ang dahilan kung bakit maganda mag-invest sa stock market (Because the Philippines fell into recession, the price of listed companies plunged. It’s the reason why it’s good to invest in the stock market),” Mangun explained.
“We are very confident that the Philippine economy is resilient and that it will weather the storm and come back even stronger after we get over this pandemic,” Mangun added.
The PSEI has been improving since it fell to a low of 4000-level in March 2020 during the start of the implementation of enhanced community quarantine. As of January 28 this year, it is now at 6,800. – Report from Naomi Tiburcio
