What is EIP and uncommitted shares column in Citiseconline (COL)
Here’s a feedback question from one of our readers regarding Easy Investment Program (EIP) investing strategy of Citiseconline.
I have been following you thru your FB page since few months back.
I would like to personally thank you for unselfishly sharing Your knowledge about the stock market. Malaking tulong po lalo na sa beginners like us.
I am actually a member of truly rich club also :) and have started investing in the stock market last may2011. :)
May question lang po ako, baka masagot nyo ako about column ng EIP SHARES and Uncommited shares.
Initially EIP talaga ung mode of investment namin, but since member kami ni mister ng TRC ni Bo S, may times na bibili kami ng stock kahit hindi pa schedule ng monthly EIP namin,
Napansin ko na may option to CLICK "EIP" dun sa terms, pero minsan nakakalimutan namin i-click, kaya napansin ko hindi malalagay sa EIP SHARES yung mga binili namin,
Tanong ko lang if ok lng ba yun? Kahit wala sila dun sa EIP Column?
Ano ibig sabihin ng uncommitted shares?
Salamat in advance. GODBLESS
Here’s the reply:
even if di sya napunta sa EIP column, it should be the same so no problem with that.
treat EIP as more of a label lang to help you track your EIP strategy, because you can actually see how your average cost moves with this strategy.
but with or without it, the value of your total portfolio is not affected by this labelling.
Secondly, uncommitted shares simply means number of shares na hindi mo binebenta (meaning walang pending sell order sa kanya)
so for example may total 1000 shares ka, then nag put ka ng isang sell order with this stock na 300 shares, then that 300 is considered committed.
the remaining 700 is uncommitted.:)
hope this helps.
thanks for your kind words!
may the good Lord and God bless you more!
Have fun and millions investing!
PS: For beginners, you can take advantage of this webinar (a recorded seminar in the web) by COL Financial giving you an introduction into the stock market, some info about COL Financial stockbroker company and a highlight of Peso-Cost Averaging in which EIP rests. Grab it now!
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