Bo Sanchez’ Maids Investment Update – Now Richer than Many Managers

Bo Sanchez’ Maids Investment Update – Now Richer than Many Managers

Hello Millionaires!

A short story first!

Yesterday, I bought new three books, worth 1117.50.

First is Rick Warren’s Purpose Driven Life, one that I’m confident will strengthen my overall life. For its price of 225 pesos, I think it’s already a great investment considering the lifelong impact it could have and the many aspects of my life it could touch. The funny thing is that I already subscribed to the idea of living one’s life for a purpose long before I knew this book. So reading this will act like more as an affirmation of my beliefs now. It’s good to be affirmed once in a while, right?

The second book is The 21 Irrefutable Laws of Leadership by John C Maxwell and the third one is The 4-Hour Workweek by Tim Ferriss.

I bought the leadership book by Maxwell because I recently felt like God is calling me to do bigger things which I will share soon with you. While I already had some leadership roles back in college, I realized I’ve lost touch of its influence because of the independent-most-of-the-times type of work I have now. The price of the book is 500 pesos.

Who is Edward K. Lee – COL Financial Group, Inc

Who is Edward K. Lee – COL Financial Group, Inc

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COL Financial Group Inc is currently the leading online brokerage firm in the Philippines.

But just like anything else, it has its own humble beginning. And behind that rags to riches story, one name stands out – the current Chairman and Founder of COL Financial Group Inc.

His name is Edward K. Lee.

How is Average Cost Computed in Your Stocks Investment Portfolio in COL Financial?

How is Average Cost Computed in Your Stocks Investment Portfolio in COL Financial?

One of the beauties of the new COL Financial stocks trading platform is that it shows you the net values of your stock portfolio. This is inclusive of all the stockbrokers’ commissions and fees involved in buying and selling transactions in Philippine Stock Exchange.

That means, if you log-in to your COL Financial Trading account, and one day decided to just sell whatever stocks you have at their prevailing market prices, you’d get exactly whatever amount is shown in your computer screen.

You can get free excel file here that will compute the costs of your buying and selling transactions. You can also read this stocks investing tip that will help you maximize the fees involved and squeeze the most out of your hard-earned cash.

Now to answer our question in this blog, below is an easy guide in computing the average cost of the stocks you buy. It’s just like computing your grade average in schools, also known as general weighted average. 

What is Partially Matched Order Status in Philippine Stock Market?

What is Partially Matched Order Status in Philippine Stock Market?

Whenever a market participant puts a buy/sell order, the Philippine Stock Exchange system will automatically look for a corresponding seller/buyer to match that order. The overall process is detailed here - Stock Order Matching Process in Philippine Stock Market.

In this blog we’ll go one step deeper and have a look on partial matching of stock orders.

Factors in Order Matching