My First Days in the Stock Market =) and Why I Liked it!

I have noticed my previous blogs all revolve around encouraging people to try entering the stock market.

I expressed statements like “money working harder for you”, “do not be slave of money” and “create your money machines”.

But I realize that experience is not only the best teacher.

I have recognized that it’s also the most credible salesperson.

Aside from it speaks by itself without those false marketing tactics,its results also set the records straight, putting everything in black and white,  leaving no gray areas.

So let me disclose here a snapshot of what I have experienced out of this so far.

I extracted all my activities/transactions last year 2010 to assess and confirm if my investments bring me any good, or I’m just wasting precious time to delve on such subject.

But first, let me say that I was really ignorant financially before, let alone on investing in the stock market.

I just considered thinking about the stock market few months after I had read Bro Bo’s book which started my financial freedom expedition. Then it was followed by an invitation from one of our lecturers during our board exam review.

Up to now, I could still clearly remember how that kind professor said his regret on his late entry to the market. That it took him many long years before he and the stock market met along the road.

                                                                                                                                                                         

So when I finally decided to give it a try, I went the next day to an online brokerage firm and deposited 10,000 pesos.  And following the strategy of all Truly Rich Club members, I faithfully made  monthly deposits to add to  my trading account.

Now what happened months after venturing into a previously unknown and seemingly intimidating world?

Shown is the summary of all my transactions for the year 2010.

A Typical Trading Day

Just last April 7 I bought few shares of PLDT (TEL) at 2348 per share.

I thought that’s pretty low price considering that it had attained 2550 -level in March of 2010.

Besides, that’s one of blue-chip companies, so I need not to worry where it would bring my money.

(Blue-chip meaning it’s 101% sure that it will go on standing in the next 10-20 years)

And I noticed the market these days has been very generous to its players.

Photo credit

Indeed it brought me cakes and partys!

I checked early  this day, and it’s price ballooned to 2436 per share.

Now it also gave me balloons!

Wheee, that’s more than 3% in a matter of days!

But do you know what typically follows when people see profits?

Yepzyepzyeeepz!

Greed easily makes a graceful entrance, so graceful you won’t notice it flowing within your circulatory system.

So I experimentally posted a sell order at 2440 per share, when its market price even went down to 2430.

(Somehow I acted like a vendor selling items overpriced. Just being too playful)

Make Your Fantastic Sex and Profits!

Let me share one golden advice  – an advice that, if applied appropriately, may help a lot to your sexual and financial life.

Here it is - “TAKE YOUR TIME”.

Women naturally love to be undressed, slowly, bit by bit.

Men of course also love this form of foreplay very much, and smart witty women know how to make their partner go really crazy because of this.



Photo credit

 But nah, women’s tendency is less obvious, and therefore is often ignored.

Unfortunately, both sexes are tempted to begin their sizzling action completely naked at the beginning, without doing the art of doing things slowly, thus grabbing them of the chance to make things  a lot more exciting and ecstatic for them.

Thus this blog to remind us of this tested rule.

Sorry if I Confused You

When I made my blog  My Batchmates are now Working for Me, I received lots of inquiries as to how to start investing.

They raised question like “Romer teach me how to enter the stock market”,

or “What’s your portfolio now” or “ What to buy now?”.

With that I apologize that I brought the wrong impression.

I want to confess that I just balled you! (Nambola lang! )

Because stock market alone won’t make you a millionaire.

In the first place, I didn’t make the blog so you start venturing on it right after.

All I want to bring to the table is that there’s more than working for a job, without actually doing more.

 But it seemed I forgot one important point there worth mentioning here - that money from stocks, in its bare form, can never make you truly rich!

And that financial expedition journey is more than acquiring money for oneself.

from http://jessicabarnett.com/

My Batchmates are Now Working for Me :)

I believe the time has come when money is best made by taking your vacation. My senses feel that the market will carry on with a positive outlook for a month at least due to foreign buying.

Happy 50^th Year Anniversarry to Petron Bataan Refinery!

http://www.tucoo.com/logo_class/transport_logo08/s/

Just last  Wednesay Petron Corp boss Ramon Ang declared plans to expand its refinery operation in Bataan, target to be completed by 2014, and is seen to lift its earnings by as much as 50%.  This is in line with their goal to make the refinery lead in Asia-Pacific region, meeting the demands for petrochemicals and white products including LPG, gasoline, and diesel.

Its 2010 net income jumped 84% to PhP7.9bn on strong petrochemical and export sales while revenues reached PhP229.1bn. Domestic sales grew 6% while export volume rose 48%. And upon completion of the expansion, Petron’s contribution to its parent San Miguel Corp could rise from 30% to 40%.

Enough of the details here, but the whole point is there’s going to be a massive expansion, which in turn will lead to greater potential for company earnings and revenues.  

Many of my friends, orgmates and batchmates will surely benefit from this as this investment will inevitably require a lot of technical manpower to meet this upcoming demand for labor.

Some will decide to enter this gateway, submit their resume, wait for the call for an interview schedule, ride a Five Star bus to Bataan for the interview itself, and then go back until the series is finished. If fortunate enough, they will be given a job offer, start working and begin earning their monthly salary.Yehey!