Posts

Showing posts from January, 2011

I Bought My First Stocks

Image
Yesterday, 1-11-11, I bought my very first stocks. No, I didn't deliberately do it on the eleventh of January, it was just a pure coincidence. I just happened to realize after that it was 1-11-11. There was nothing extraordinary about the date. I funded my CitisecOnline account on January 6 and it was credited last Monday. I took the time to familiarize myself with COL's interface and then the next day Tuesday, I bought my first stocks. I bought stocks of Ayala Land, Inc (ALI), Bank of the Philippine Islands (BPI), Jollibee Foods Corporation (JFC), SM Prime Holdings, Inc. (SMPH), and Manila Water Co. (MWC). I was supposed to buy PLDT (TEL) stocks but I didn't have enough buying power left. PLDT stocks was at 2,500 and I'm not sure if I should have bought it first over the others but I just decided to buy PLDT stocks next month. I used to think that the stock market was dangerous, very, very dangerous, especially for first-timers like me. But, thanks to my mentor, Bo