Want to fund COL Financial account easily? I can easily fund my COL Financial account online and offline, but I am funding my account over the counter, the orange payment slip of BDO, why? It is because I am depositing some money in my BDO savings account, these money was intended to invest in BDO UITF Equity Fund, one of the BDO UITF easy investment program. So far my experiences in investing in the stock market via COL FINANCIAL is nice.
If you are an OFW and want to invest in the stock market, you can choose your stock broker, and one of these broker is the COLFinancial. Stock investing maybe easy today, because of the technology, however for me, stock investing is not that easy, the only easy is the process, but the investing itself isn’t. It requires knowledge, and you have to acquire skills in technical analysis, company stock research, etc.
Related: COL Financial Philippines Reviews
The moment I began investing in stocks is the moment I feel very rich. But the case is I am not knowledgeable in this field, I don’t focus on stock investing, some of my money are into mutual funds and UITF – unit investment trust funds. They say diversification is really nice, I think investing in mutual fund and UITF is one of the best strategy to diversify my investments.
But if you really want to invest in the stock market. All you have to do is to follow the COLFinancial investment guide, fund your COL Financial account, invest using peso cost averaging and choose one of the recommended stocks that can be seen in COL Financial website.
COL Financial Investment Guide
The investment guide is simple to follow, example, you choose ABC stock, you should buy when the price of ABC stock is in the “buy below price”. There is something you can observe in COL Financial, the “buy”, “hold” and “under review”. Keep on buying your favorite stock (ABC is just an example), when you will sell the stock? When it hit the target price, seen as FV or Fair Value if I am not mistaken.
If you don’t have the time to go to the bank to fund your COL Financial account, you can do it online, via BPI Express Online, BDO online banking and even Metrobank. If you abroad, just ask your relative here in the Philippines to fund your savings account and decide how much you want to put in your COL Financial account, example, deposit P50,000 in your savings account, enroll that savings account online, then you can easily fund your COL Financial Account.
Second option, there are Philippine banks abroad, you can also deposit money in your savings account, however, if you can deposit money in your savings account over the counter, why not add funds COL Financial in that bank (offline) ^_^
Just like what I did when I deposit money in BDO, I used to add funds also in my COL Financial account, using BDO orange payment slip and blue deposit slip for my savings account.
Fund COL Financial Account: BDO Online Banking
Anyway, I will just share how to fund your COL Financial account using online.bdo.com.ph, make sure you have your cellphone when login in BDO online banking because it will require you to receive the one time password via text message; that’s my experience in BDO online banking, a very secured online banking, here are the easy steps.
- Log on to www.mybdo.com.ph
- Click the Add Company/Biller icon
3. Fill-out the Enrollment Details and choose the Channels or electronic banking services where you may want to pay your bills in the future
4. Click Submit
5. Click OK when the confirmation dialogue box appears
6.Click the Pay Bills icon
7. Fill-out the Payment Details, choose your Payment Schedule, click Submit
8.Click OK when the confirmation dialogue box appears
Try to enroll your BDO Savings account online so that it will be so convenient for you to add more funds in your COL Financial account. Thank you for reading this simple guide. Happy investing in stocks via COL Financial Group Inc..
Some recommended topics about stock investing are as follows;
- How to invest in the Philippine Stock Market? A basic guide on how to invest your hard earned money, some things to remember when investing and other useful tips.
- How Far Can Your P2,500 Per Month Investment Take You? A simple data that shows how much money you will have if you keep investing P2,500 per month in a specific period of time, say for example, 10 years, 20 years, 30 years and 45 years, with earning interest per year that compound annually.
Money Quote Particularly in Investing in Stocks
October: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August and February. –Mark Twain, Pudd’nhead Wilson’s Calendar for 1894
Now you know how to fund COL Financial account easily and conveniently using BDO online banking. Do you have any questions regarding COL Financial? Ask now using the comment box below.