Date post: | 16-Nov-2014 |
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Economy & Finance |
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Truly Rich Club’s Stocks Update:Your Step-by-Step Guide to Investing in
the Stock Market
COL Financial’s Home Page
Login to your account
Member’s Home Page
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
Happy investing!