Take it from the stock market man

With over 30 years of experience in the stock market, COL Financial CEO and President Dino Bate explains how investing in the stock market reaped him financial rewards, and how his company now empowers and invites Filipinos to enjoy the same experience.

''I was first attracted to the stock market because of the opportunities it presented. It was an exciting new field, even when back then only a few people understood it. But I was ready to learn about how investing in the stock market can potentially lead me to financial freedom,'' says Bate.

Before entering the market, Bate advises clients to evaluate first their financial status and their commitment to investing in it. ''From the money you earn every month, how much can you actually put away to invest in stocks? Getting into stocks trade requires discipline. You have to regularly put your savings in it, and then 'forget' about the money you invested. Remember that it's the long-term stock investments that reap the most rewards,'' he points out.

Once you've already set the amount you'll invest, it's time to get to know the market. Bate says, ''In the world of stocks investment, risk is inevitable. But to avoid making mistakes, it's best to familiarize yourself with the stocks you're investing in.''

What's great about COL Financial is that the firm has already chosen select stocks that they believe are worth investing in. ''These are stocks that clients are familiar with, and stocks that we know would survive even when market stocks go down. That way, our clients' investments are safe,'' Bate explains.

He also shares that for new stock investors, it's tempting to jump at every opportunity and go for stocks that seem to promise big financial returns. But because of the market's unpredictability, what can have the most value now may drop the next minute. ''That's why it's important to listen to the experts. They know the signs and know what action is best to take,'' Bate says.

COL Financial offers exactly that: the teams of experts who will guide and help clients manage their investments. ''In the past, our firm wasn't structured this way. But based on what we've observed, we saw that our clients' lack of market knowledge caused them to make rash or detrimental decisions,'' explains Bate.

Through educative programs and seminars, research materials, and online tools, COL Financial helps their clients understand what they're getting into. ''We tell them why it's important to regularly deposit money into their investment accounts and why these make more profit when sustained long-term,'' says Bate.

Most of all, what COL Financial wants its clients to realize is how financial freedom plays a pivotal role in sustaining their lifestyles in the future. ''When you start early on and you're able to manage your investments well, financial freedom becomes attainable,'' he explains. ''This means more time for you to do what you want, more time to spend with your family, and more time to explore other opportunities-without having to worry about whether you've saved enough or not,'' he ends.

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Fight vs online libel goes to the UNHCR The Inbox
    Fight vs online libel goes to the UNHCR

    Commentary By Ellen T. Tordesillas Last Tuesday, while in Baguio City for their summer session, the Supreme Court denied all the Motions for Reconsideration on Online Libel which it upheld in its Feb. 18, 2014 decision. It will be recalled … Continue reading → …

  • Book chronicles efforts for PWD-friendly polls VERA Files - The Inbox
    Book chronicles efforts for PWD-friendly polls

    By Melissa Luz Lopez, VERA Files A lot have been done but much still need to be done for a hassle-free participation of Persons with Disabilities in elections,according to a book published by The Asia Foundation (TAF) and supported by … Continue reading → …

  • The other side of Palawan Ellen Tordesillas, Contributor - The Inbox
    The other side of Palawan

    By Ellen T. Tordesillas Mention Palawan and what comes to mind are Underground River and El Nido in the northern side of this richly-blessed province from its capital, Puerto Princesa. Three weeks ago, we went to the southern side- in … Continue reading → …

POLL
Loading...
Poll Choice Options