My First Time to Buy Stocks at CitisecOnline

Last month, I talked about how I wanted to start investing in the Philippine stock market. Today I’m glad to report that I’m finally doing it! Would you believe it’s been two months since I have been buying stocks? And I am doing it in the comfort of our own home. I don’t even have to talk to a broker.

So how is this possible?

It’s because my broker is Citiseconline is an online stock broker in the Philippines. I have heard about it years before but I only had the guts to try when I became a part of Bo Sanchez’s TrulyRichClub.

After our Bohol vacation, me and my eldest visited Citiseconline’s office at Ortigas. I filled up some forms and gave them my first deposit. We went to the mall to buy things for the house like¬†cabinet latches, had a lunch date at Jollibee (where else) then¬†went home. Within a few hours I received my username and password so I promptly log on to their website. I bought my stock of choice, waited a few hours, and then before the day ended I received an email confirming that I was now a certified stock investor!

See, investing in the stock market is really easy these days. If you have some extra funds why not try it. :)

Related Post:
4 Reasons Why Opening an Account at Citiseconline (now COL Financial) is Fast and Easy

13 thoughts on “My First Time to Buy Stocks at CitisecOnline

  1. Lyn-Lyn

    Congratulations, mOmmy pau! :) I’m happy na marami ng mga Pinoys who are now investing sa stock market and really doing the effort to take charge ng ating mga personal finances. Soaring high ngaun ang PSEi, with its net asset value na almost 5k na. At the start of 2012, we were looking forward na mag 5k sya before the year ends, pero all of us is nagulat na bago pa yata mag 1st quarter of the year, aabot na sya ng 5k, given that the nav of PSEi right now is nasa 4900. Yey! Soar high, Pilipinas! :) God bless on you investment ventures, mommy Pau! \(“,)/

    1. admin Post author

      Yey, may kasama na ako.
      Ang alam ko you can mail or LBC the requirements. They need hard copy and don’t accept scanned kasi. Here are the requirements:
      For Filipino Citizens
      (1) Photocopy or Scan copy of a Government Issued Valid ID
      (ex. Driver’s License, Passport, SSS ID, Senior Citizen ID, Voter’s ID)
      Important note: Photo and Signature on the ID should be clear
      Billing Statement – waived with a personal appearance
      (ex. Utility Bill, Credit Card Bill)
      Important note: Name, Address and Date should be present in the statement

      In my case, I had to make a personal appearance coz I didn’t have a Billing statement under my name kasi.

  2. jonna

    hello there! how is it so far? i mean your experience po at citisec online? i would love to start as early as my age now (i’m 24 by the way) and i am encouraging my sister also whose 20 yrs. old (working as a software engineer, employedo na so pwede na.. naisip ko mas maganda habang bata pa kami :).. since high school ako, i know that’s what i wanted to do. that’s why i’m reading books and blogs about stock market. your thought po please :)

    1. admin Post author

      Hi Jonna,

      It’s been great so far. According to Bo Sanchez my mentor at Truly Rich Club, the stock market is on the rise and through his encouragement I get the motivated to buy month after month. In fact, I just bought some stocks again yesterday after I got some funds in the bank. This is the third month that I was able to buy stocks. So now instead of going straight to the mall to buy things I’m happy that I was able to invest money first through Citisec. It’s so convenient I can do it anytime at home.I’m not really tracking how much I’m earning or if I’m losing because I am in it this in the long run.
      Wow, you’re only 24! You know what, go for it. Invest part of your earnings as early as now. That’s one of my biggest regrets. So now I have to set aside more monthly just to reach my target savings goal. You and your sister should do this together. It’s more fun if you have somebody to share the experience with you. If you can go to seminars to get motivated I also advise that.

  3. jonna

    yay..guess what mommy Paula?!! i am scheduled for seminar at COL dis coming Thurs and Monday (15 and 19) and i am more than excited. The first one is about “Iinvesting in the Stock Market Today” and then on Mon is “COL EASY INVESTMENT PROGRAM: Simple Stock Market Investing”. just bad cause my sister can’t come with me because she has a client to meet on both date but definitely i’ll lend her the modules which will be provided for free also. i signed up for free seminar the other day but the earliest date is on April 2 & 3. i can’t wait that long so i called their customer hotline and to my delight, Mar 15 & 19 are still available. i requested the reps to book me on the said date. in just a minute or two, they confirmed my booking. very easy!

    yes, i just turned 24 last month (i’m a proud kulang-kulang :p ) i’ve always been so adamant when it comes to savings. i’ve set this goal for this year – to invest long term in the stock market. i would gladly be back here to share what happen after the seminar. :)

  4. Joanne Gonzales

    Thanks so much for sharing your experience. I bumped into this post upon looking for ways to grow my finances. This post is truly an answered prayer. Hope to be able to start my own investment ventures soon.

    Thanks again and God bless!

  5. erwin

    Good day! I already have an account @ citisec bcoz of Bro.Bo’s advice from his talks. Within 3months makikita mo talagang kumikita s’ya na hindi mo kikitain sa bangko. I recommend to all readers to invest in stock market instead of the bank. Your emergency fund should place in the bank but your retirement must be in the stock market. Let your money work hard for you.

    1. admin Post author

      @Chrisair – You’re right. Money should be the one working for us and not the other way around. It’s going to be tough at first but if we pursue this consistently it can be done.

  6. gunghoo

    Kumusta ang stocks? I’d like to invest too. I’m 21 years old, and I think, the younger a person starts in investing, mas malaki yung chance may kitain sya, kasi 1 element of investments is time. I’m beginning to diversify my portfolio, I’ve opened 2 bank accounts, one of which is for petty cash, the other is for emergency fund, and also invested in BDO equity funds. Balak ko pang mag stocks kasi kaka recieve ko lang ng SSS ID ko and I’m so excited! How are the transactions so far? And are there any tips that you can share? :D

  7. Trent

    Stay away from investments that a large crowd of people have claimed to be a
    great opportunity. Although the majority usually rules in most instances,
    this isn’t the case. When people agree that an opportunity is great, then things are likely to change really soon. When people make investments, they shouldn’t be making, you should stay away.

    My blog post; stock investment strategy (Trent)


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