Monday, April 27, 2015

Stocks Investing Webinar

In order to reach a huge number of audience, organizers of different advocate groups have tapped the power of technology. Financial literacy groups such as TGFI (The Global Filipino Investor) have started using live webinars as a means to connect with its target audience online not only within the Philippines but around the world all at the same time. Luckily, I got one of the free invites to be part of TGFI Web Academy's recent live webinar last 25th of April, Saturday about "How to Invest in the Stocks Market?" by Mr Aya Laraya of Pesos and Sense and COL Financial. Unfortunately, there's been a couple of glitches during the session due to the tremendous amount of attendees that it tried to accommodate. From the target of 1000+ attendees, the new application that they used limited the attendees to only a 100. This of course created a buzz of disappointed people who have been waiting for hours just to be in sync with Manila's time (majority of attendees are OFWs or based abroad). But since it's a free session, I'm still grateful to have been part of it.

Below is the summary of what went through the one-hour long free webinar session.

Introductions by Mr Floi Wycoco, founder of TGFI
Mr Aya Laraya during the free TGFI webinar
The speaker emphasized on this one which is a HUGE PROBLEM for all types of investors especially the newbies like me.
Mr Aya Laraya, the speaker, differentiated the two methods of Stocks Investing.
The speaker pointed out the strong points of Trading in the stocks market.
But nevertheless insisted that for long-term investors this is the best method of investing in the stocks market especially for those who have a job or other priorities to take care of.
But he of course pointed out that whatever investing strategy that the person would choose, the investor should put a huge emphasis on checking the company's profile and value.
COL Financial is of course one of the Philippine's best and known online stock broker.
Looking back at this experience, it made me realize about the type of investor that I was, if I'm doing the strategy that really fits me and the current application that we are using in OFSI (Overseas Filipino Stocks Investors) for our current batch's online attendees. A couple of questions has also been raised in my mind about its technical efficiency but as compared to TGFI's huge online attendees, we have only limited OFSI's to less than 20. But looking on a larger scale, if in the future we would have that kind of exposure, we should definitely be equipped and ready! This of course made me quite excited especially since a lot of Filipinos are now starting to realize the importance of having a solid financial education and even trying their best to maximize the free learning resources that is given online by these financial advocacy groups.

Great job to TGFI's organizers! :)

Note: To listen to the whole session check the video below.






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See my other posts about my journey towards financial freedom and abundance at Investing 101: The Basics of Financial FreedomInvesting 102: Enriching Financial Literacy and Investing 103: Direct Stocks Investment Part 1

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