The Easy Way of Investing - Peso Cost Averaging

Many say that the stock market is dangerous.

And you know what, I agree.

Statistics says that an average of more than 80% of all the stock market players lose money.

Geesh..

Mark Twain once said, “October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”

An officemate once shared to me his first impression on investing in stocks. He said he couldn’t see the returns being worth of the time, energy and brain cells being poured into it.

And I also think he’s somewhat correct. With the many things that need to be factored in when evaluating entry to and exit from the stock market, it’s really very hard to discern when to start and actually plunge into it.

But the last time I checked, ignorance remains to be not an excuse in trying out something. Most of the times, you only need to know the very basics of anything to make it sense for you.

Your First Step to Investing -Saving!

INVESTING, as others say, is the secret of the rich.

The sad thing is that in the Philippines, only a fraction of 1% of our entire population are actively involved in our own stock exchange, compared to higher figures in our neighbor countries.

And while many are enticed, few are only able to manage and make the first crucial steps to move on, oftentimes justifying their stagnant motion with a thousand lame excuses.

Thus this reminder.

What exactly do you need to do to make the ball rolling for you?

Here it is: SAVE.

Unless you inherited a big chunk of cash from your rich parents, one needs to save money to start investing.

It’s very straightforward why - investing involves buying of stocks, and one needs money to buy anything.

The main difference though is that in investing, you buy an ASSET that can work for you, unlike in just buying anything that easily deteriorates through time in terms of value. 

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PAY YOURSELF FIRST