Saturday, November 12, 2011

Investing on Stocks

It's been 2 months since I attended a stock seminar and as much as I want to start investing my employment stability is questionable but next month I'm so decided in securing my future.

Other countries offer penny stocks also known as cent stocks but here in the Philippines I'm sure that we don't have that kind of option. It will be nice if high school students will be financially educated through this kind of stock investment or even below middle class families can enjoy the importance of having savings regardless if it's in a small amount of money. Filipinos are not well-educated when it comes to finances and handling them thus that's the reason why a lot of people are contented on what they have or for as long as they get  by everyday, it's fine.

Timothy Sykes is the number one ranked trader out of 60,000+ on Covestor, a platform that verifies trades and performance, this is according to Wikipedia. He is considered as a penny stock millionaire. During his early life he experienced losing his investment and recently he bounced back and proved us that anybody can become something out of nothing.

Like Timothy there are others who provides success and financial coaching. The only thing that is left for us to do is to listen and make it happen. I for one would want to make some changes before this year ends and that's by becoming financially educated, cleared out my debts (credit cards) and invest. After all, who wants to be an employee forever?

No comments: