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Asked by: abby 320 views broker, stock Investing, Personal Finance
Is it necessary to have a broker handle your stock investment? If so, where can you find a good and credible stock broker?
thanks!
Fitz on Feb 02, 2012
Yes, you need a stock broker to be able to invest in the stock market. However, it is your choice if you want to let them handle your portfolio and investment decisions.
It’s hard to really recommend anyone, but personally – Citiseconline is my stock broker; but I do all the stock investing decisions and manage my own portfolio.
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erds518 on Feb 02, 2012
@ abby First of all & Una sa lahat hehehe,
TO BUY stocks sa Stock market may taga bili ka and they are the STOCK BROKERS, and here is the deal, Meron Tinatawag na Brokerage Firms na kung saan Company sila ng mga san damukal na mga brokers ng pwedeng maghandle ng account mo.
The good thing kapag may personal Broker ka pwede ka niyang makausap in person and pwede ka rin humingi ng advie sa kanya. At siyempre medyo hassle kasi every now and then uupdate mo xa thru, Phone or text.
At meron isa pang klase ng Brokers which is ONLINE BROKERS and usually less hassle because all of your transaction is done online and ikaw ang may control ng pagbili ng stock mo sa stoco market.
Ang siste nila mag oopen ka ng account sa kanila, maglalagay ng Fund and you can start buying and investing.
THERE ARE MANY VARIOUS ONLINE BROKERS sample of this are the following
CITISECONLINE – which gamit ni sir fitz BPI Trade – na gamit ko naman FIRSTMETRO Investmetn Corporation – NA ang office eh sa Binondo manila PHILSTOCK
and marami pang iba its up to you kung what you more preffer ONLINE or personal brokers its your choice
HAPPY INVESTING
abby on Feb 02, 2012
@erds518
Pano po mag-manage sa BPI trade?may minimum investment fee ba sila?
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@ Abby Ito yung process na ginawa ko in opening BPI trade
Una nag open ako ng Saving account sa BPI Yung easy savers lang na ATM account worth 200 pesos dun ko ilalagay ang pero ko for transfer sa BPI trade mamaya
tapos enroll ko yung account ko sa Express online banking nila pag naka enroll kna at ayos na lahat ng account mo,
Its time to register to BPItrade account
ang website nila is BPItrade.com
register ka dun at gagawa ka ng account sa “BPIdirect” eto yung department ng BPI kung saan mag open ng account online
Mag fill-up ka dun ng application form
Pagka fillup print mo yung applicatio form at pirmahan dadalhin mo yun sa branch kng saan ka nagopen ng savings account mo, always magdala ng photocopy ng valid ID mo.
at process nila yung account mo para maopen yun.
NOTE: BPItrade account is a settlement account, ibig sabihin para din siyang saving account pero wala kang atm or passbook, makikita mo lang ang account mo sa website ng BPItrade.
Kapag na approve yung application mo (usually it takes 1week) may email kang matatangap na open na yung BPItrade account mo
IMPORTANT
Yung BPItrade account no. mo a kailangan mo rin enroll sa expressonline para makapagtransfer ka at malagyan ng fund.
Kapag naenroll mo na yung account mo pwede kna magtransfer.
Kapag successfull yung transfer mo makikita mo sa BPItrade portfolio account mo yung amount na transfer mo. and pwede kna mag trade or bumili ng stocks.
Note: Opening ng BPItrade account ay FREE… yup walang bayad
pero dun sa settlement account mo merong tinatawag nga DMA or daily maintaining average balance na 500 pesos every month kapag wala apang 500 yng maitaining balance mo may service charge sila na 1200 pesos.
Kung gusto mo pa ng mas informed and thorough details punta ka sa mga website nila or sa pinakamalapit na branch nila webites nila ay
BPIexpressonline.com BPItrade.com BPIdirect.com BPIassetmanagement.com
study them well para hindi ka maxado ma confuse
abby on Feb 08, 2012
thanks alot po!!!
erds518 on Feb 08, 2012
@abby your always welcome happy investing
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