For those who are asking

on where to invest

As of now, I only recommend

and suggesting

is stock market

For you to buy stocks

like Jollibee, ABSCBN,

GMA7

You need to have a stock broker

like online stock broker

You cannot go directly

to Jollibee and ABSCBN

to buy stocks

In this video

I will share a few of my knowledge

on how to open account on COL Finacial

It's an online broker

To open an account

There are two steps

You'll go directly to their office

then you'll fill up a form and submit an ID

then you can also pay there

Step 2, you can do it online

even if you don't go to their office

Thr advantage of going directly to COL Financial

on their main building

or their satellite offices

is it's faster to open

Once you got there

you'll fill up

then you can fund your account there

in one to two days

you'll have your account ready to use

For online, it's a bit longer

it'll take you about 3 days

or 7 days up to one month if you're abroad

Let's go to frequently asked question

How much is the registration fee to open an account?

There's none

You just have to fund your account

For example, 10k

If you funded your account for 10k,

you'll have 10k there

and that 10k

can be used to buy stocks

there's no registration fee

You'll get the whole 10k

Step 1 is to choose your account type

Starter, COL Plus, COL Premium

Their minimum investment has changed

it was 5k before

now it's just 1k

Disclaimer before we start

I am not an expert when it comes to stocks

I just sharing knowledge that you can earn here

and this is a good investment

If you're looking for more detailed information,

there's a lot of Filipinos on Youtube better than me

Step 1 is to choose your account type

Those types doesn't have anything to do with charges

COL Starter, minimum investment is 1k

meaning, you'll fund your account 1k

it was 5k before

and now, it's only 1k

But I am suggesting

to initially invest around 10k

when buying stocks,

it should always worth 10k

because there's a charge

when buying stocks amounting 1k

and the charge of buying 9k worth of stocks

is just the same

for you to maximize the charge

it's better to buy stocks worth 8k to 10k

For COL Plus, the minimum investment is 25k

COL Premium is 1Million

This is for our millionaire viewers

What's the difference between COL Starter and Plus?

In COL Plus,

These prices

bids and offer volumes

changes

it's not real time

it changes ever 5 to 10 seconds

These that are highlighted in blue

are changing values

that's for COL Plus

In COL Starter,

it's just steady

It'll only update if you click update

The page will refresh

that's the only difference

If you're planning of long term investment

choose COL Starter

I don't know about COL Premium

because I don't have a million to open an account there

If you open your COL Starter account

that 1k minimum

you can still upgrade to COL PLus

that's for free

In my experience

when I opened an account

I initially deposited 13k

That's COL Starter

because it's 25k here

I invested another 10k, then another 10k

My balance is now 30k

My current balance is 37k

I just emailed them

to have my account upgraded

That's for free

Once you reach 25k as your balance

on your equity value

or the total deposited amount

just email helpdesk@colfinancial.com

But if you are not an active trader

COL Starter is okay

Second step is to fill out application form

click on download all forms

Just fill this up correctly. Fake details are prohibited

Don't be afraid of the form

There are no scientific questions there

like any about photosynthesis

that's just your information

to register in online brokers or other brokers,

you need a TIN

Tax Identification Number

You'll not be able to register if you don't have one

It's not hard to get one

Just go to the nearest BIR

then get a TIN

Tax Identification Number

I'm not sure if you can get one online

I got mine directly from BIR

Manila Intramuros

That's way back 2012

Fill it out correctly

Scroll down

You'll enter your bank account here

When you withdraw

your available funds

they'll send it to your registered bank account

Mine is BDO

Branch is Valenzuela

then the account number of your bank

It's not allowed to use someonelse's account

even if it's your mother or sister

it should be under your name

If you don't have a bank account

I have a video about the easiest bank account to open

it's on the card on top

or in the video description

EON Union Bank

Email address is also important

It should be your active email

They are sending important messages there

if there's an error

or you have a notification

and you need to do something

they'll send it to your email address

and also if you change your password

so that's also important

Individual Disclosure form

you also need to fill that out

that's just about your citizenship

if you're living in the US

or you're a green card holder

Once done with the form

You need to submit a print out

to their office

Scanned document is not allowed

It should be a hardcopy

with your signature

You'll submit it to COL Financial Office

You can send it through express

like LBC

or whatever courier you have

Before you send this form