PHuploader74
Forum Veteran
Investing in Stock Market vs Saving Money in a Bank
investing gives your money the potential to grow faster than it could, compared to Bank savings. If you have a long time until you need to meet your goal, your returns will compound. Basically, this means in addition to a higher rate of return on investments, your investment earnings will also earn money over time, faster than your money in a Bank.
Example 1: BANKING
(With Maintaining balance, Hidden charges, Annual charges, and other fees or penalties.)
You have P5000 as regular savings in BPI (Bank of the Philippines) for a year.
The annual interest as of December, 2021 is only 0.0625%.
That is P3.12 in a year. Are you happy with this P3.12 earning for a year?
So if P3.12 x 5 years = P15.6. Are you happy with this amount in 5 years?
This is NOT a good use for your money in a bank, specially if you have 2 children going to College.
Example 2: INVESTING (USA stocks)
If you invest your P5000 in a stable Stock Market.
If annual gain is 57.02%. That is P2851.00 in a year.
So if P2851.00 x 5 years = P14,255.
The best deal here is, a stable stock market gains more than 57.02% per year.
Example 3: IDEAL INVESTING for stable Stock Market
If you invest your P20,000. (or $400)
If Annual gain is 57.02%. That is P11,404 in a year.
P11,404 x 5 years = P57,020 (or $1142)
[this is just an example, the gain in 5 years is much bigger than you expect within a Stable Good Company]
investing gives your money the potential to grow faster than it could, compared to Bank savings. If you have a long time until you need to meet your goal, your returns will compound. Basically, this means in addition to a higher rate of return on investments, your investment earnings will also earn money over time, faster than your money in a Bank.
Example 1: BANKING
(With Maintaining balance, Hidden charges, Annual charges, and other fees or penalties.)
You have P5000 as regular savings in BPI (Bank of the Philippines) for a year.
The annual interest as of December, 2021 is only 0.0625%.
That is P3.12 in a year. Are you happy with this P3.12 earning for a year?
So if P3.12 x 5 years = P15.6. Are you happy with this amount in 5 years?
This is NOT a good use for your money in a bank, specially if you have 2 children going to College.
Example 2: INVESTING (USA stocks)
If you invest your P5000 in a stable Stock Market.
If annual gain is 57.02%. That is P2851.00 in a year.
So if P2851.00 x 5 years = P14,255.
The best deal here is, a stable stock market gains more than 57.02% per year.
Example 3: IDEAL INVESTING for stable Stock Market
If you invest your P20,000. (or $400)
If Annual gain is 57.02%. That is P11,404 in a year.
P11,404 x 5 years = P57,020 (or $1142)
[this is just an example, the gain in 5 years is much bigger than you expect within a Stable Good Company]
See Screenshots and FAQ below, just click LOVE button
You do not have permission to view the full content of this post. Log in or register now. is the new Stock Trading platform where your can purchase US and Foreign Stocks. Other platforms don’t offer buying fractional shares to non-US residents. You do not have permission to view the full content of this post. Log in or register now. is the only platform that offers non-US residents to trade fractional shares. You can You do not have permission to view the full content of this post. Log in or register now. it now from the App Store or Google Playstore. Let’s say you want to buy Tesla Stocks. A Tesla Stock, let’s say, is around $600 per share. So in order for you to buy a Tesla stock, you need to have $600 to purchase and start trading. For Gotrade, if you don’t have $600 yet, you can still buy fractional shares of Tesla. 1). You do not have permission to view the full content of this post. Log in or register now. app from PlayStore or App Store. Or Click You do not have permission to view the full content of this post. Log in or register now. below. You do not have permission to view the full content of this post.
Log in or register now. 2). Fill in the form and provide a clear photo of any IDs(Make sure name and address matches with those ID's) (passport, driver’s license, voter’s ID, NBI clearance, Utility Billings, or postal ID.) 3). The app currently accepts sign-ups from invitations. As you register, use the code You do not have permission to view the full content of this post. Log in or register now.to be approved quickly: NOTE: In Case of Difficulty in application: you might see the message below via SMS. Click the image to make it bigger.  4). After signing up successfully, you’ll receive $2 free stock - which you can unlock by depositing a minimum of $10 or (P500). 5). Account verification may take one full day. Once approved, you’ll get an email notification, and you can start trading right away! See mobile pic below.  Click the image to Enlarge 6). Deposit money into your You do not have permission to view the full content of this post. Log in or register now. account, before you begin buying US stocks. As of now, if you’re from the Philippines, the You do not have permission to view the full content of this post. Log in or register now. app only allows the following cash-in methods in ₱: Union Bank (transfers may take up to 1 day with ₱10 fee) BPI (transfers may take up to 1 day with ₱12 fee) GCash (transfers may take up to 1 day with a 3% fee)  Click the image to Enlarge 7). Check available funds To check your total cash-in or available money in buying stocks, go to You do not have permission to view the full content of this post. Log in or register now., and see the amount reflected beside the $ Cash icon.  Click the image to Enlarge You might notice that the reflected amount on your account is different from the original amount you deposited. While it’s true that You do not have permission to view the full content of this post. Log in or register now. offers a $0 commission fee trading service, they do charge a very small fee every time you deposit and withdraw from your account. Don’t worry about it, because the fees aren’t too exorbitant, unlike other trading platforms and trading through brokers. 8). Buy Stocks Buying and selling stocks in You do not have permission to view the full content of this post. Log in or register now. App is very straightforward. Both follow the same process that’s easy to remember. First, Click the Navigation Circle below beside the Dollar Sign. Then select a company you want to buy stocks from. You can find companies by category on the upper part of the Search page. Example type Netflix, and search.  Click the image to Enlarge After finding a certain company, click its icon to go to its trading page. On this page, you’ll find the company’s Market Stats & Performance within (1day, 1 week, 1 month, 1-5 years)  Click the image to Enlarge 9). When you’re ready to buy stocks, just click the Trade button.  Click the image to Enlarge Buy in dollars — lets you enter the amount you’re willing to pay to buy stocks. This is great if you want to buy several stocks and allocate the available funds among them. (example: $3 for Amazon, $5 for Netflix, and $3 for FB) Buy in shares — lets you enter a specific number of shares you want to buy up to 9 decimals places. Just make sure that your available funds are enough to buy your desired number of shares. (ex: 1.361515098 shares for AAPL) Buy at a limit price — this option lets you “schedule” when to buy certain stocks. Let’s say you want to buy an AAPL share when the market price hits $10. Just enter your target price and click enter. When the market opens, and the market price matches your target price, You do not have permission to view the full content of this post. Log in or register now. will automatically buy the stocks for you for $10 even when you’re not online. For now, this feature only allows a minimum of 1 share to buy/ sell. You also can’t input any decimal places after a whole number. This is one update that I’m very much hoping to see in the near future. 10). After entering the amount or the number of shares you want to buy, Tap Preview buy and swipe up to confirm your Buy order. Market orders only takes a few minutes to be executed in You do not have permission to view the full content of this post. Log in or register now. App when you complete a transaction when the market is open (US time). But when you buy and/or sell when the market is closed, you’ll see a pending status on your account. Your market order will then be executed on the next business day. 11). Sell Stocks (when you want to harvest your Long term Income) To sell your shares, go to the company’s page. Tap Trade. Select Sell.  Click the image to Enlarge 12). Enter the amountof shares you want to sell; in dollars, in shares, or select to sell at a limit price.  Click the image to Enlarge 13). Tap Preview sell and swipe up to confirm your market order. Again, keep in mind that when you’re selling when the market is open, your order will be executed within minutes. Otherwise, you’ll see a pending status, and your order will be completed on the next business day.  Click the image to Enlarge 14). Withdraw from You do not have permission to view the full content of this post. Log in or register now. APP to your Bank (Commission Free)  Click the image to Enlarge Method of wíthdráwal are: (Commission Free) UnionBank / BPI / BDO / Metrobank / LandBank / RCBC / BankCom / PSBank / Robinsons Bank / Security Bank Withdrawal fee is: $4 if php transfer $12 if usd transfer SUMMARY: Investing in You do not have permission to view the full content of this post. Log in or register now. App is very easy, fast, convenient, safe and Legit. With as little as $1, or (P54.00) you can be one of the 100,000 from 150 countries investing in huge companies like Google, Apple, and Netflix. At the comfort of your homes, without the need for paperwork, you can create an account and start trading instantly. You do not have permission to view the full content of this post. Log in or register now. is the choice for people who wisely Invest money and make it grow for long term. Think of your children's college, think of your future. Start this 2022 while Covid is diminishing, and stocks are gaining again. Study before investing. By the way, the markets open at 9:30pm to 4:30am In Philippine time. You do not have permission to view the full content of this post. Log in or register now. is better than other Trading Platforms: COL Financial - (Philippines stocks only, and sometimes slow server) EToro - (If your inactive, you will be charged, and you cannot buy $1.00 fractional shares) TIP: You do not have permission to view the full content of this post. Log in or register now. APP is very good for LONG TIME INVESTING. Let your money work for you as you continue your jobs or vacation. This is better than Time Deposits in Banking. If you are a Day-Trader (daily awaiting stock Increase), you can still use this APP. Again, here’s an invitation code if you choose You do not have permission to view the full content of this post.
Log in or register now. APP: You do not have permission to view the full content of this post.
Log in or register now.. Use this invitation code so you can use You do not have permission to view the full content of this post. Log in or register now.! It’s by invitation only. Or You do not have permission to view the full content of this post. Log in or register now. Below. You do not have permission to view the full content of this post. Log in or register now. FAQ: Do you get ρáíd when signing up? Yes. Get $6.00 free as you complete the process of registering. Can OFW use this APP? Yes. Except, OFW's in USA, Canada, Brazil. They are not allowed to use this app. Can I Use this app for Long Term Investing? Yes.The app is designed for Long Term. What happens to your money when Stock Market drops? For "Long Term Investors", they don't fear that. Because their money will be in low value, but will NOT DISAPPEAR. Once the "Bear Market" duration is over, it will INCREASE again. A Day Trader usually worries a lot when stock market is down. How many "Day Trade" can you do in this application? To prevent your account from getting restricted by limiting day trades to maximum of 3 trades over a rolling 5 business day period. To help understand this a bit better, if you buy NFLX (Netflix) and sell it on the same day, it is a day trade. Do you get ρáíd in Dividends on this APP? Yes. But if you only have invested a small amount like a $1.00, you may not see the gain. A big investment means big Dividend payouts. How do I see my ρáíd Dividends? Go to: Profile, Reports, Financial Transactions How much tax Dividend Tax withheld in this app? The app will automatically deduct small taxes. For Filipinos 25%, because of Tax Treaties. Some countries have 30%. How much withdrawal fee? For USD transfer $12. For PHP transfer only $4 (as of 2021). How long is the withdrawal transfer? 1 hour at least. Which bank can you withdraw? Usually it's BPI, UnionBank, GCash. But as long as you have the swift numbers and all details of your favorite bank, it's allowed. When is the Market open for trading? Mar-Nov 9:30PM - 4AM Ph Time Nov-Mar 10:30 - 5AM Ph time |
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