Truly Rich Club's Stocks Update: Step by Step Guide to Investing in the Stock Market

Post on 16-Nov-2014

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Step by Step Guide on using Truly Rich Club's Stocks Update to buy stocks in the Philippine Stock Market. The broker of choice for this demonstration is COL Financial. Brought you you by http://www.TrulyRichClubBlog.com

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Truly Rich Club’s Stocks Update:Your Step-by-Step Guide to Investing in

the Stock Market

Go to http://www.colfinancial.com

COL Financial’s Home Page

Login to your account

Member’s Home Page

Now get your Stocks Update

out!

Stocks Update Dec 2013

Current prices change all the time

Here’s how to see ALL theupdated prices in one look

Go to Quotes>Watch List

We’ll fill up the Watch Listwith the stock

recommendations from the Stocks Update in order to see ALL their CURRENT PRICES

We’ll start with AC (Ayala Corp) and add it on our

WATCH LIST.

We’ll do this to all the remaining stock

recommendations.

Watch List is now complete with our stock

recommendations!

You can now see ALL the CURRENT PRICES of each stock.

You only have to do this once. You can just update this for any

changes as advised by the Truly Rich Club.

Now the fun part begins!

We’ll start choosing which stocks to buy!

Remember:We only buy stocks if it’s current price is

under the BUY BELOW PRICEas recommended by the

Stocks Update

We will compare 2 things.

Current Prices vs. Buy Below Price

We only buy the stock IFCurrent Prices < Buy Below Price

Here we go!

Current Price vs Buy Below Price

There are 4 stocks whose prices are ABOVE the Buy Below Price and are deemed “expensive”.

Don’t buy them for now.

So for this example, let’s buy LRI

Before you start, you must know what your budget is.

There is no fixed amount here.

For simplicity’s sake, let’s just use Php5,000 as our

monthly budget.

We’ll use Php5,000 to buy LRI shares. So how many shares can we buy?

We’ll do some simple calculations.

Php5,000Monthly budget

/ Php10.30Current Price of LRI

We’ll do some simple calculations.

Php5,000Monthly budget

/ Php10.30Current Price of LRI

= 485 Shares

So we now have our: 1. Budget2. Number of shares to buy

We now have to actually place the order.

Since most of us are working full-time

We may not have the time to do all these while at work.

So we’ll place this order when we get back home - when the market is already

CLOSED.

This is called Off-Hour Ordering.

We’ll place the order while the market is closed and it will be queued up along with the other off-hour orders for posting the

next trading day.

Ready?

Let’s go to Trade>O-H Order

We’ll put LRI in the Stock Code

IMPORTANT!Board Lot is 100.

This means that we can only purchase LRI in increments of 100 shares.

This means we can’t buy 485 shares of LRI. It’s either 400 or 500 shares.

In this case, we’ll choose 400 sharesto remain within budget.

We’ll put an order for LRI at Php10.30 for 400 shares.

You’ll receive a confirmation of your order with the # of shares as well as your purchase price

You’ll receive a confirmation of your order with the # of shares as well as your purchase price

CAUTION!This only means your ORDER

has been confirmed. Await notification via e-mail or view

your portfolio the following day to confirm actual purchase.

You can then view all your stocks at Trade>Portfolio. I’ve blocked

the actual amount for privacy.

Show Portfolio

That’s it for now!

Click this link Truly Rich Club to learn more about getting your own copy of the

STOCKS UPDATE.

For questions or consultation requests, please email me at

admin@trulyrichclubblog.com

Happy investing!