How to Enroll COL for Online Funding

My Facebook account was recently hacked and for 2 full days, I had no FB access.  Oh no!  

For a moment I thought it was a repeat of the Cyber-Bullying that happened to me in NY a couple of years back.  (I caught the Cyber-Bully and I eventually forgave her)

How to Properly Fill Out COL Forms

This task may seem simple, but there have been lots of repeated questions on this, so I'm finally blogging about it.

Let's start with an Individual Account.  Tick off the 1st box (Individual).  Most important thing to remember if it's an individual application is that you need NOT fill out the 'Secondary Account Holder' portion.

Strategic Averaging Method (SAM) in Stocks Invesment

This is a Guest Post by Mr. Mike Vinas of COL Financial Group, Inc.  where SAM (Strategic Averaging Method) is explained in detail.  Enjoy the article!

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Have a Plan for Profit

Every success starts out with careful planning. A rock band holds rehearsals before their gig. A company conducts annual strategic planning sessions to set out projects and improvements for the next year. An engineer works on a blue print before buildings are built. We always need a plan. Even in the Stock Market.

Making money in the Stock Market requires a strategy, a well laid out plan that we need to stick to no matter what.

We have to have a plan for profit.

Truly Rich Club-COL Financial Support

Our club, the Truly Rich Club, is growing by the second!  Hooray!  It's great because it means that more and more people are deciding to pursue the path to Financial Freedom.

And with growth comes more tasks.  Thus, towards the end of last year, Bro. Bo decided to add a support team who would personally call up members to guide them into stock investing.  

COL Financial's 3 Types of Account

Below are the different types of Online Trading Platform offered by COL Financial Group.  Choose which one best suits your needs.  (This info's courtesy of my Account Manager in COL.)

COL Starter 

This is an entry-level account suitable for long term investing.  It provides access to basic research reports, standard market information, and end-of-day charting data. The minimum investment under this type is Php5,000.

CitisecOnline's New Website

It was in February of last year that the Securities and Exchange Commission (SEC) had approved the corporate name change from CitisecOnline.com, Inc. to COL Financial Group, Inc.

It was also last year that the company introduced the beta version of its new website.

the old and the new

How to Open a COL Account for Minors

A COL Account for Minors (below 18 years old) is called an In-Trust-For Account (ITF).  This is specifically intended for a parent who wants his/her minor child to be the beneficiary of the account.

The procedure for opening an ITF Account is basically the same as the standard application (you can follow the steps in 'How to Open a COL Account').  

The difference would be the following:

COL Forms

Since a lot of pips are asking me for COL forms, especially those who don't have the time to download & print, I decided to have COL deliver some to my place.  

How to Withdraw from COL

One of the common questions people ask me re: investing with COL Financial is if they could EASILY withdraw their money.  

And the answer is YES!  Withdrawing your funds is as easy as 1, 2 and 3.

How to Fund Your COL Account

Ok, you’ve opened your COL account.  Made your initial deposit of Php5,000.  Bought your first stocks.  What do you do next?

Grow your investment. 

How?  By making regular, monthly deposit.  

It could be from Php500-Php2,000, or any amount that you’d like to set aside as your savings.  But it needs to be done REGULARLY.  That's the key.  That’s what Bro. Bo wants to emphasize to his Truly Rich Club members.  

Buy at the ASK, Sell at the BID

The ASK is the price that the stock is being offered for.  The BID is the price one is willing to buy the stock for.

Imagine you’re buying mangoes in the market.  The vendor is selling them for Php60/kg. (ASK).  You bargain with her to give it to you for just Php50/kg. (BID). 

How to Open a COL Account

Here are the steps to take in opening an account with COL Financial: 

Step 1.  Determine which kind of account you would like to open: COL Starter,  COL Starter Plus or COL Premium. COL Starter is an entry-level account suitable for long-term investing which requires a minimum investment of only Php5,000.00. COL Starter Plus is for active traders and requires a minimum investment of Php25,000.00.  COL Premium is for the premier investor and requires a minimum investment of Php1M.

Why This Blog

I’m starting this blog because I have lots of friends asking me to help them with COL Financial investment.

Now, I don’t claim to know everything about stock investing.  I’m not even a registered broker.  But I have accounts with COL Financial and thus, have some knowledge on how it works.   [Thus, the title "COL Me Joey"].  Still, I would advise that you go to the COL Financial's website directly to know more about it in detail.  They have their own hotline to answer all your queries regarding Philippine stock investing.