June 22, 2020

MAMA Stock Trading Strategy for June 22

When you screened your stocks using the MAMA Stock Trading Strategy, and you looked for cases where the blue MACD line crosses over and above the red signal line, combined with the stock price going above the ALMA line, did you get results similar to the table below?

MAMA Table for June 22, 2020

Remember that based on the MAMA trading strategy, stocks are purchased at EOD. Since the Philippine stock market closes at 1pm, the "EOD" referred to is the 12:45pm to 12:50pm time slot.

Are you a beginner interested in the stock market?

Check out the Step-By-Step Guide for Stock Market Newbies today.

MAMA for GREEN, DMC, URC - June 22, 2020

In the above charts, the MACD of $GREEN looks like it's about to cross the signal line from below. Such is not the case of $URC, so avoid being too excited and forcing a trade. Perhaps the MAMA strategy will be better on a future date for companies whose blue MACD line is way below the red signal line.

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June 16, 2020

No buy signal but…

Tuesday, 16 June 2020 -- We don't see any buy signal yet, although the stock in the second to the last row (yes, we're looking at Row 22) has a blue MACD line that may soon crossover and go above the red signal line. The stock price is currently slight above the orange ALMA line, so if that price stays above the ALMA line (but not more than 5% above it), then once the MACD line crosses over, then it looks like a BUY.

Some folks are already buying, though. Seems they won't wait for the MACD crossover. At this point, it looks like it can go either way. We'll see.

Have you seen the Getting Started Guide For Stock Market Beginners?

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September 15, 2019

Stock Market Diary – Sept 15, 2019

Looking at the Sept 15, 2019 Truly Rich table of stocks:

1 - I’ll buy the stock in Row 5, once the price reaches (Buy Below Price minus P11.40) or lower, and then will sell it when the price reaches (Target Selling Price minus P43).

This assumes a less than long-term investing approach, and is more aligned with my short-term experiment on locking in on profits within 120 days.

If that stock doesn’t reach the (Target Selling Price as of Sept 15 minus P43), then I’ll just patiently wait for the stock price to reach the Truly Rich Club’s recommended Target Selling Price.

2 - The stock in Row 6 looks like it will start moving up, so I’ll think about making a test-buy of that stock which it’s price is lower than the listed Buy Below Price.

Will the price move up or down? At this point, it looks to me like it can go either way, although there’s a slight indication that it will move upwards.

Hence, a possible test-buy for me on Monday, Sept 16.

3 - The stock in Row 7 also looks like it’ll be moving up, so I’ll do a test-buy while the price is still lower than the Buy Below Price.

4 - The stock in Row 11 looks like it’ll be edging upwards within the next few days.

5 - The stock in Row 12 also looks like it’s getting ready to move up. Let’s see if the price goes higher than (Buy Below Price minus P0.95)

If it does, I’ll consider doing a test-buy. Although am not sure if I’ll be able to actually buy stocks at a price not exceeding the Buy Below Price.

So most likely, I’ll wait for the price to go below (Buy Below Price minus P1.20)

***

IMPORTANT: Given my monthly budget for the stock market, I won’t buy more than 3 stocks per month. I’m making this stock market diary under the assumption: “What if I haven’t bought any stocks yet this month?”

In short, I don’t buy stocks every week, although I have a stock market diary entry more than once a month.

***

NOTE: Yes, I'll be placing GTC Buy Orders, and after those stocks are bought, I'll place GTC Sell Orders.

It's important to know your Entry and Exit points, so that you don't get too emotional about the stock price movements.

Join the Truly Rich Club at http://trulyrichclubjoin.com-review.org and access the Stocks Table in the paid members' area.

Get your step-by-step guide to how we invest in the stock market here: https://TrulyRichPinoy.com/tara/

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September 9, 2019

Stock Market Diary – Sept 9, 2019

Looking at the Sept 9, 2019 Truly Rich table of stocks:

1) I'll buy the stock in Row 9, once the price reaches (Buy Below Price minus P0.16), and then will sell it when the price reaches (Target Selling Price minus P0.20).

2) I'll buy the stock in Row 12, once the price reaches (Buy Below Price minus P1.32), and then will sell it when the price reaches (Target Selling Price minus P1.10)

Yes, I'll be placing GTC Buy Orders, and after those stocks are bought, I'll place GTC Sell Orders.

It's important to know your Entry and Exit points, so that you don't get too emotional about the stock price movements.

Join the Truly Rich Club at http://trulyrichclubjoin.com-review.org and access the Stocks Table in the paid members' area.

Get your step-by-step guide to how we invest in the stock market here: https://TrulyRichPinoy.com/tara/

Filed Under: Wealth Tips
March 2, 2017

How A Woman Ended Up With P22 Million

Friends are asking how a woman who invested P3,000 each month in the stock market starting at the age of 30, ended up with P22 million at the age of 60. In this video, we show you the computations using a basic table in MS Excel, plus the shortcut Future Value formula, that quickly gives you the final amount you'll end up with, assuming you invest a fixed amount each month for a certain number of months, and assuming a certain rate of return from the stock market.

Please note, however, that you can make little or zero money from the stock market. Plus, there's also a risk that you'll lose money if the stock prices are low and you're forced by circumstances to sell your stocks at a price lower than that which you bought them.

While stock market prices go up and down regularly, some analysts believe that the overall long-term trend of stock prices of solid companies is upward. Some stock market mentors would aim for an average of 12% return on interest, while others would go for 15%.

Based on our experience, we've seen mutual funds (equity - stock market) grow as low as 3%, and yet others which grew at 18%.

There's a step-by-step guide here for you who are interested in long-term stock market investing:

http://TrulyRichPinoy.com/tara/

The above guide helps you understand what you need to do before you invest in the stock market.

Kind regards,
Manny M. Viloria

Truly Rich Club Fan Manny Viloria Explains The P22 Million Computation

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December 25, 2016

The Switching Stocks Strategy

Bo Sanchez recently told members of The Truly Rich Club to use the Switch Strategy. Here's a basic description of how it works:

1. Sell all your stocks in Company AAA, even at a loss.

2. Use the money from that sale to buy as many shares of stock as you can in Company BBB, because the price of Company BBB's shares is quite low, and the price of Company BBB's shares is expected to go up faster than that of Company AAA.

Here's what we're going to do...

Continue Reading

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July 27, 2016

OFWs and TIN

OFWs are asking about the TIN requirement of COL Financial. Here's a quick guide for you, so that you can get started and apply for your COL Financial account and start buying and selling stocks online.

Continue Reading

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July 7, 2016

Bo Sanchez Launches Truly Rich Club 2.0

Bo Sanchez celebrates his birthday in July, and launches Truly Rich Club 2.0

He kicks it off with a series of videos, and if you would like to watch the mini-course video series, head on to:

http://trcprelaunch.com-review.org

Continue Reading

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September 21, 2015

COL Financial Trading Fees and Handling Charges

Truly Rich Club friends have been asking about the trading fees and handling charges in COL Financial, plus some sample computations.

Here's the info available online:

The following lists the corresponding charges for buying and selling transactions:

FOR BUYING AND SELLING:

FEE AMOUNT REMARKS
Commission .25% Of the Gross Trade Amount
Value Add Tax (VAT) 12% Of Commission
Philippine Stock Exchange Transaction Fee (PSE Trans Fee) .005% Of the Gross Trade Amount
Securities Clearing Corporation of the Philippines Fee (SCCP) .01% Of Gross Trade Amount
ADDITIONAL FEE FOR SELLING
Sales Tax No. of Shares x Price x .005

* Note: The Commission fee has a minimum charge of P20.00 per transaction. And if you require a broker-assisted trade, the commission charge is .5% of the Gross Trade Amount.

EXAMPLE:

Buying - Total fees for buying 20,000 shares of ALI at Php5.00/share

FEE COMPUTATION AMOUNT
Commission (20,000 x P5.00) x .25% P250.00
VAT P250 x 12% P30.00
PSE Trans Fee (20,000 x P5.00) x .005% P5.00
SCCP (20,000 x P5.00) x .01% P10.00
Total P295.00

Selling - Total fees for selling 20,000 shares of ALI at Php5.20/share

FEE COMPUTATION AMOUNT
Commission (20,000 x P5.20) x .25% P260.00
VAT P260 x 12% P31.20
PSE Trans Fee (20,000 x P5.20) x .005% P5.20
SCCP (20,000 x P5.20) x .01% P10.40
Sales Tax 20,000 x P5.20 x .005 P520
Total P826.80

Each computed charge listed above are rounded to hundredths (2 decimal places) using Symmetric Arithmetic Rounding*
for the calculation of the total fees.

EXAMPLES

3.044 rounded to hundredths is 3.04 (because the next digit, 4, is less than 5).
3.046 rounded to hundredths is 3.05 (because the next digit, 6, is 5 or more).
3.045 rounded to hundredths is 3.05 (because the next digit, 5, is 5 or more).

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COL Financial Handling Charges

1. Lodgement fee (Depositing a Stock Certificate) - A Lodging fee of Php120 + VAT per stock will be charged with an additional Php20 + VAT per certificate of the same stock after the first certificate.

2. Electronic Share Transfer (Broker to Broker) - Electronic transfer can take one or two days and would entail a cost to the customer of Php75.00/per stock from the issuing broker and the receiving broker.

3. Upliftment fee (Request a Certificate) - Requesting a certificate would entail an Uplifting charge of Php150+VAT per stock, and could take up to a month to generate a new certificate.

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September 21, 2015

COL Financial Claim Procedures

Here's how you (or your heirs) can withdraw part of all of your Cash Balance from your COL Financial account.

How Your Heirs Can Claim Your COLFinancial Account In Case Of Your Demise

In the unfortunate event of an account holder’s demise, the following are the documents to be submitted by the surviving spouse/heir:

1. Death Certificate

2. Either one of the following:

2a. If with testate or intestate proceedings, a court order appointing the executor/administrator and authorizing him to close the account and collect the proceeds;

2b. If without testate or intestate proceedings:

(i) If there is only 1 heir – Affidavit of Self-Adjudication
(ii) If there is more than 1 heir – Deed of Extra-judicial Settlement of Estate
(iii) In either (i) and (ii), submit also proof of filing of the Affidavit or Deed, as the case may be, with the office of the register of deeds

3. Release, waiver, and quitclaim, holding COL free and clear from any action, claim or liability brought by third parties in relation to the closing of the account and release of the proceeds thereof.

4. Proof of payment of estate tax or BIR Certification that the same is exempt from estate tax

5. Identification documents of surviving heirs (photocopy of 1 government issued ID, with picture and signature)

Surviving heirs may then open an account with COL Financial to transfer all stock and cash positions from the deceased client’s account to the surviving heirs’ account. Surviving heirs will have to submit identification documents and POB and accomplish account opening forms.

Here's a TIP: Open a JOINT OR account in COL Financial. Use "Your Name OR Your Spouse's Name"

That makes it simpler.

Please note that as long-term stock market investors, we do not make it a habit of withdrawing COL Financial funds often. We let the funds grow, and at the opportune time in the future, that's when we withdraw.

You can do this yourself using the COL Financial Withdrawal of Funds Form:

col-financial-withdrawal-of-funds-form

You may choose to go to the COL Financial office and pick up the cheque, or you may have COL Financial deposit the amount to your bank account (which you registered with COL).

Now that you know how to get your money from COL Financial, go and use the stock market information and info provided by the Truly Rich Club of Bo Sanchez today!

Kind regards,
Manny M. Viloria

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