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stocks Archives - The Poor Pinoy Investor

Tag: stocks

Portfolio Discussion: VOO (Vanguard S&P 500 ETF)

Posted on By Kuya Well No Comments on Portfolio Discussion: VOO (Vanguard S&P 500 ETF)
Featured, Stocks

I’ve talked about investing in the US stock market a lot. And in my previous posts, I’ve mentioned how the US stock market has an average annual return of 10%. The question is how should you invest to be able to get that 10% average annual growth? In order for you to do so, you … Read More “Portfolio Discussion: VOO (Vanguard S&P 500 ETF)” »

Dollar-Cost Averaging: Boring but Practical Approach to Investing

Posted on By Kuya Well No Comments on Dollar-Cost Averaging: Boring but Practical Approach to Investing
Investment and Finance, Posts, Stocks

Let’s admit it, Dollar-Cost Averaging (DCA) or Peso-Cost Averaging (PCA) is boring. However, it’s the most straightforward and practical approach when investing. With this strategy, you don’t have to worry about the ups and downs of the market nor do you have to do complex calculations in mind. So what is Dollar-Cost Averaging? It’s simple: … Read More “Dollar-Cost Averaging: Boring but Practical Approach to Investing” »

Stock Portfolio update: How do we fare so far?

Posted on By Kuya Well No Comments on Stock Portfolio update: How do we fare so far?
Investment and Finance, Posts, Stocks

Since this is a personal finance blog, what good is it if I don’t provide you with an update on my stock portfolio? So for today’s blog, let me show you the performance of my US stock investment over at eToro. Year-to-date performance As of May, my portfolio is up by 7.15%. However, if we … Read More “Stock Portfolio update: How do we fare so far?” »

My Stocks Investment Strategy: Dividend, Growth, and Index Investing

Posted on By Kuya Well No Comments on My Stocks Investment Strategy: Dividend, Growth, and Index Investing
Posts, Stocks

Investors can use many types of stock investment strategies to grow their wealth. There are investors who prefer to earn by scalping or day trading to get immediate income and then there are those who prefer to buy and hold instead. I am more of a long-term investor so I focus mainly on the following … Read More “My Stocks Investment Strategy: Dividend, Growth, and Index Investing” »

US Stock Market vs. PSE: Which Offers Better Returns?

Posted on By Kuya Well No Comments on US Stock Market vs. PSE: Which Offers Better Returns?
Posts, Stocks

Which is better: trading in the US stock market or PSE? We know that investing in the stock market can be a great way to build wealth over the long term, but where should you invest? Let’s take a look at the main differences between the two markets: Market Size and Capitalization The PSE and … Read More “US Stock Market vs. PSE: Which Offers Better Returns?” »

How to Choose the Right Investments for Your Financial Goals

Posted on By Kuya Well No Comments on How to Choose the Right Investments for Your Financial Goals
Investment and Finance, Posts

Investing is a great way to grow your wealth and secure your financial future. Whether you’re looking to save for retirement, purchase a new home, or just grow your savings, there are a variety of investment options available to help you reach your goals. In this article, we’ll introduce you to the different types of … Read More “How to Choose the Right Investments for Your Financial Goals” »

Investing for Beginners: How to Get Started

Posted on By Kuya Well No Comments on Investing for Beginners: How to Get Started
Investment and Finance, Posts

Investing is an essential tool for achieving your financial goals, whether it’s buying a house, saving for retirement, or starting a business. But for many people, the world of investing can seem overwhelming and confusing. With so many different options and strategies to choose from, it can be challenging to know where to start. We’ll … Read More “Investing for Beginners: How to Get Started” »

Invest in PSE with BPI Trade

BPI Trade is an online stock trading platform provided by the Bank of the Philippine Islands (BPI). It is an easy and convenient way to invest in the Philippine Stock Exchange (PSE). With BPI Trade, you can access real-time stock quotes, place orders, and monitor your investments from your computer or mobile device.

Steps to Open a BPI Trade Account

  1. Go to the BPI Trade website at www.bpitrade.com and click on “Open an Account”.
  2. Fill out the BPI Trade Client Account Information Form, which can be found on the website.
  3. After completing the form, download, print, and sign it three times on the designated lines.
  4. Submit the scanned form and other required documents to bpitradeapplications@bpi.com.ph. You can also visit any BPI Branch near you or personally go to the BPI Securities Office in Makati City to submit the original form and other requirements.
  5. It usually takes three banking days to process the opening of your account, provided that the submitted requirements are complete and correct. Once your application is approved and the account is opened, you will receive a confirmation email with your User ID.

Funding Your BPI Trade Settlement Account

Your BPI Trade Settlement Account (SETA) is a separate account from your BPI savings or checking account. This is where your cash balance will be reflected, and this is also where you will transfer funds when you buy stocks.

There is no minimum amount required to fund your Settlement Account.

Ways to Fund Your BPI Trade SETA

  • BPI Online
  • BPI Mobile
  • E-Wallet (GCash, etc.)
  • From Other Bank (InstaPay, PESONet)

When will the amount be credited?

Deposits made to your Settlement Account through any of the channels (i.e. BPI Online, BPI Mobile, E-Wallet) before 10:00 PM on a banking day shall be reflected in your Cash Position on the next trading day. Any deposits made beyond 10:00 PM on a banking day, on a weekend, or on holiday shall reflect after two (2) banking days.

How to withdraw

Here are the steps to withdraw funds from your BPI Trade account:

  1. Log in to your account at www.bpitrade.com.
  2. On the MAIN tab, go to Account Info, then click Withdrawal. You can also click on “Withdraw Funds” located on the right corner of the Main Page, under Account Balances.
  3. Select the amount you wish to withdraw from the available funds and click the “Next” button.
  4. Enter your account password to confirm and submit your request.

The funds will be transferred to the Beneficiary Account that you nominated in your application form.

Pros and Cons

One of the advantages of BPI Trade is its accessibility, as you can trade stocks online from your computer or mobile device. Another is its user-friendly interface, which makes it easy for investors to manage their portfolios. However, one disadvantage is that it does not currently have a mobile app, which could be inconvenient for those who prefer to manage their investments on the go.

Conclusion

In conclusion, BPI Trade is a convenient and accessible platform for investing in the Philippine Stock Exchange. With its user-friendly interface, you can easily manage your portfolios and trade stocks online. Despite its lack of a mobile app, it is still a competitive option compared to other platforms such as BDO Securities or COL Financial.