Why Peso Cost Averaging is your bestfriend?
Peso Cost Averaging helps you in earning passive income…
Most Filipinos doesn’t know the ins and outs of stock market because we thought that it is only for the rich people. But this mindset is wrong.
Philippine stock market is for everybody. It is the best place to put your money because it will give you a bigger return than putting it in the bank, which only give you 1% interest rate.
If you are an OFW (Overseas Filipino Workers) you need to take advantage of this huge and great opportunity. I am an OFW too working here in Singapore and I have been investing in the stock market since 2010 with the help of my mentor Bo Sanchez. Checkout the Truly Rich Club here.
There is a system in the stock market that you can use because of it’s simplicity can earn you a profit with an average of 20% for a span of 10-20 years.
The system is called Peso Cost Averaging. And I believe in this system because I have been using it since 2010 and I am enjoying a +34% return as of today.
COL Financial (aka Citiseconline.com) has this program; they brand it as Easy Investment Program (EIP).
3 simple steps in investing to EIP
- Choose a stock you want to invest (COL Financial has the list of top companies for you to choose from).
- Allocate a portion of your money that you can commit to invest in your selected stock every month.
- Decide how long you will invest – for a maximum return you should do this at least 10 years.
Did you know that you could invest in the Philippine Stock Market for as low as P2000? Now you know and please open an account now, you will thank me once you experience the power of investing in the stock market.
How Peso Cost Averaging Works?
Peso Cost Averaging means you keep on buying even if the price of the stock is high, down or no change.
Stock performance is unpredictable because of the economy, company’s performance, politics, Global issues and more.
That is why peso cost averaging will help you mitigate that big loss if you are doing a stock trading.
I will illustrate the power of EIP (Peso Cost Averaging) by telling you a story.
Alma received a lot of Christmas bonus in 2006 and one of her new year resolution is to invest in the stock market.
Alma followed this advise on how to open a citiseconline account in January 2, 2007. He chooses ALI because she believes that Ayala Land Inc (ALI) will construct a lot of buildings from 2007 to 2012.
ALI in January 2007 is valued at P12.70 per stock. Alma’s plan is to invest P10000 in January 2007 and P2000 every month starting February 2007.
She kept her promise and buy the ALI stock even if the Philippine Stock Market was down in 2008 because of the Global financial crisis. ALI was hit during that crisis and the lowest value of ALI was P5.8 per stock.
Alma was about to give up but she kept her promise and she still keep on buying ALI even if it is down because she knows that we need to sow in times of famine.
Now Alma is very happy woman because as of January 2013, ALI price soar up to P26.45 and her return is 46.83% better than the bank.
Total Invested = P152,000
ALI Price Today = 26.45
Total Worth Today = P324,598
Percentage = +113%
Banks can only give you %1 per annum which is very low compared to what Alma did using the power of EIP.
Hope this simple story will give you an idea how powerful is the stock market and the Peso Cost Averaging program.
You can download and check the ALI Peso Cost Averaging Data here.
P.S.
If you don’t know where to start, I suggest you enroll to Truly Rich Club. It is a membership site created by Bo Sanchez. I am a member too and he guides us on what stocks to buy, when to buy and when to sell it. Join me in the club and let us teach more OFW and Pinoys on how to earn passively using the power of peso cost averaging.
