Kuya Well's personal finance corner
With the closure of eToro for Philippine residents, we are left with no option but to close trades and withdraw our investments. But how do you do it? Steps to withdraw money from eToro Step 1: Tap on Withdraw Funds from the side panel Step 2: Input the amount Since you’re closing your account, I … Read More “How to Withdraw from eToro (Philippines)” »
Just 2 weeks ago, I uploaded a blog mentioning that eToro was closing inactive Philippine accounts but allowing active users to continue using their platform. Alas, here comes the dreaded news. eToro is already closing its doors to Philippines residents. Users residing in the Philippines with active trade/ports are advised to close their trades and … Read More “eToro is Officially Closing Philippine accounts” »
Update (October 12, 2024): eToro has officially announced that they’re closing their doors on Philippine residents. Find out more in this article. Last week, my sister messaged me saying she received an email stating that her eToro account had been closed. At first, I dismissed it as a possible phishing email since I had not … Read More “eToro closes Philippine accounts” »
With the Philippine SEC going after unregistered trading platforms that offer US stocks, some are left wondering what would be the next-best option. How to buy US stocks via an SEC-registered company? Well, you can always try Shari-Shari if you want to buy US stocks and ETFs since they’re registered under the SEC. What other … Read More “GCash GFunds: the best local alternative to buying US stocks?” »
The Securities and Exchange Commission has issued an advisory against the use of eToro to anyone living in the Philippines. What is the advisory about? Basically, the Philippine SEC is saying that eToro doesn’t have the license to offer securities to anyone in the Philippines since they are not a registered corporation in the Philippines. … Read More “Philippine SEC to ban eToro?” »
It appears that Maya has followed GCash‘s footsteps by incorporating “Stocks” in their app as well. Though you will be able to register, it will still require approval, so you won’t be able to trade stocks right away. Who can register? There are only two requirements to enroll in Maya Stocks: Brokers of Maya Stocks … Read More “Stock Trading now available in Maya” »
Gone are the days wherein you need a big sum of money to invest in the US stock market. In the world of investing, there’s a new buzzword that’s making the financial markets more accessible to everyone: fractional shares. What Are Fractional Shares? Traditionally, when you wanted to invest in a stock, you had to … Read More “Investing in the US stock market for small-time Filipino investors” »
It’s a little bit late for the portfolio update but here we are. Portfolio Performance for September It’s another red month, but this time, it’s a -4.99%. Technically, the combined August and September performances negated the portfolio growth I had for June and July. With this, my portfolio’s year-to-date performance is now just sitting at … Read More “Poor Pinoy Investor US Stock Portfolio Update (October 2023)” »
It’s that time of the month again when you get to see how your favorite Poor Pinoy Investor’s US stock portfolio fares in the current market environment. Portfolio Performance for August My portfolio took a beating in the month of August. It was down by 2.27% which was still a good feat since it was … Read More “Poor Pinoy Investor US Stock Portfolio Update (September 2023)” »
Hello, curious readers! Today, we’re diving into the intriguing world of SCHD. But hang on – we’re breaking it down in a way that’s easy to grasp, no matter where you are on your financial journey. Ready to explore how SCHD can supercharge your money? Let’s roll! Unraveling SCHD Imagine your money as a seed … Read More “Portfolio Discussion: SCHD – Your Key to Boosting Your Money!” »
