Getting Cebuanos to invest in the stock market
As a testament to its commitment to advocate financial literacy throughout the country, the Philippine Stock Exchange (PSE), together with First Metro Investment Corp and Philam Asset Management Inc., staged for free a Stock Market Briefing in
Other than PSE, representatives of various stock brokerage firms were resource speakers. Topics discussed included Investing in the Stock Market, Mutual Funds and Online Stock Trading.
It was one enjoyable afternoon of learning! I am glad I accepted the invitation.
From the way they described stock trading, it so simple and easy to understand that even jeepney drivers or fish market vendors can understand. As my seatmate at the briefing said, it’s just like trading goods; the difference is that you’re handling intangible products.
Risky? Stock trading may be risky but so is any other investment --- even a “sari-sari” store or your “ukay-ukay” business.
Stock trading is definitely better than joining a pyramiding scheme or gambling your money in the lottery where you are at the mercy of fate. What’s more, investing in the stock market gives you a chance to help our SMEs and build our local economy.
I’m happy to report that a significant number of business executives, professionals, entrepreneurs and students attended the PSE Stock Market Roadshow in
