#ReaderAsks: How Much Is the Minimum Investment in the Stock Market?

 Every week, I try to answer questions from readers about previous articles that I have written. If you missed our first #ReaderAsks, I answered the question: How Did You Learn About the Stock Market & Could You Suggest Books?

Now for our second #ReaderAsksJoy Poh asked the following questions: 

Do you usually attend seminars..? and how much was your 1st investment when you started..? (if you dont mind me asking:))... thanks so much...

Do You Need to Attend Seminars Just to Learn Investing?

While I started investing without attending seminars, I did all my homework by visiting blogs of investors that share their tips and ideas during their journey in investing in the Philippine Stock Market. So is attending seminars necessary? Not a requirement but definitely advisable so you could get to learn from more the experts. 

In line with that, there will be a  Money Summit & Wealth Expo 2011 which will be held in Cebu from August 12-13, 2011, 8:30am to 5:30pm at the Waterfront Cebu City Hotel & Casino. Speakers include Tomasito Academia of PAREB, Jay Aldeguer of Island Souvenirs, Noli Alleje of The Property Forum, Jojy Azurin of BusinessSummaries.com, Conrado Bate of CitisecOnline, Ian del Carmen of Fireball, Eireen Diokno-Bernardo of Dekada Arts, Bonner Dytoc of Absolute Traders, Vince Golangco of WhenInManila.com, Prof. James Ryan Jonas of PinoyMoneyTalk, Cynthia Palad-Yap of Real Estate Movers, Ardy Roberto of Salt & Light Ventures, Jerome San of Laurus Enterprises, Mark So of Forex Club Asia and Trace Trajano of Think Rich Quick. For details, visit YouWantToBeRich's post about the said summit. 

The fee, which is for the 2-day seminar and includes snacks, materials and some free items from sponsors, is P7,995 – but you get discounts through this site – especially for groups. Let me know if you're planning to attend so we could book together for a discount. :)

How Much is the Minimum Investment Required?

It varies depending on the broker that you are choosing. For Citiseconline, they require a minimum investment of Php25,000 while First Metro Investment Corporation only requires a minimum of Php5,000. Traditional Brokers like Angping Securities would require a minimum investment of at least Php50,000.

If you have any questions, feel free to join the #ReaderAsks session by following and asking me on Twitter.
photo by pfala 

1 comment:

Blogger said...

I would suggest that you stick with the #1 Forex broker.