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Showing posts from September 29, 2019

Journey to CFD

"SD4_6439"   by  Web Summit  is licensed under  CC BY 2.0  It's been a while since I wrote something in this blog. Workload and personal life demanded lots of time lately. During this holiday break, there seems to be something that made me write again. Last 2016, I decided to try something new as a sort of investment CFD (Contract for Difference). The difference between where a trade is entered and exited is the contract for difference (CFD). A CFD is a tradable instrument that mirrors the movements of the asset underlying it. It allows for profits or losses to be realized when the underlying asset moves in relation to the position taken, but the actual underlying asset is never owned. Essentially, it is a contract between the client and the broker. My initial strategy is to put 50% of my portfolio into copying trades of others and 50% trading on my own. During my first month, I made several successful trades when I concentrated in trading gold. T...

Who Introduced Stock Market Investing to Most Filipinos?

I posted a survey question 4 years ago about influencers of people to invest in the stock market and these are the results based on the responses. Bro. Bo Sanchez Out of the respondents, 20% answered famous personalities like Bro Bo Sanchez. Bro Bo, with his book “My Maid Invests in the Stock Market” and his group Truly Rich Club apparently influenced a lot of people in this previously perceived rich man’s endeavour. The idea of linking religion with the heavenly side of money and investment seems to be a good formula. Another name of financial guru came out with Bro Bo and this is Mr. Francisco Colayco who advocates financial literacy thru Colayco Foundation. Warren Buffett also is in the list of personalities mentioned since he became rich thru stock market investments. ANC On the Money Runners up on the list are influencers within the workplace and colleagues, 11% of respondents were led by their friends in the office who are already earning in th...