COL Financial Stock Market Investing – How to Open an Account?

I have blogged this from my old blog in the past so I think it’s time that I should write this on my travel blog. I’ve been receiving inquiries how to invest in the stock market because I always share this on my blog. Since I’ve been attracting readers, I hope it helps and this may serve a guide for you. Most of all, I am thankful enough for having a friend who introduced me about COL Financial stock market investing. I opened a COL Financial account in June 2012.

COL Financial Stock Market Investing

Are you ready to Invest?

First, ask yourself if you are ready to invest? When my friend introduced me to COL Financial and the stock market, I really had no idea how the stock market works. Nin gave me materials and links to read about Bo Sanchez’: My Maid Invests in the Stock Market (short pdf version). I have no affiliation with the Truly Rich Club but I bought a book authored by Bo Sanchez which I left at home.

While there are terminologies I wasn’t familiar with, I have to research and do self-study.

Blue Chip

A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

Read more: Blue Chip

Blue Chip Companies in the Philippines

Blue Chip Companies I bought and maintained:


Here’s a list by Pesobility: Blue Chips of the Philippines.

Cost Averaging Method

I am a reader of Fitz Villafuerte’s blog – Ready to Be Rich and he wrote about how to do cost averaging.

Cost averaging is an investment strategy which requires systematically purchasing securities at predetermined intervals and set limits over a long period of time.

Passive Income

Earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not materially involved. As with non-passive income, passive income is usually taxable; however it is often treated differently by the Internal Revenue Service (IRS). Portfolio income is considered passive income by some analysts, in which case dividends and interest would be considered passive.

Read more: Passive Income

How Much is the Initial Fee to Invest in the Stock Market?

The initial fee to invest in the stock market is as low as PhP5,000. Read below for the basic requirements.

Related Post: How to Request Stock Certificate from COL Financial Philippines for Visa Application?

Basic Requirements to Open a COL Financial account


1. Minimum cash/check deposit payable to COL Financial Inc. for the following accounts:
• Regular Accounts – Php 25,000; and
• Easy Investment Program Accounts – Php 5,000.

2. Photocopy of one (1) identity document issued by the Philippine Government e.g. passport, driver’s license, SSS/GSIS ID, Professional Regulation Commission (PRC) ID, and Comelec Voter’s ID.   (Please present original for verification)

3. Two (2) copies of Specimen Signature Cards; and

4. Online Securities Trading Agreement duly signed.

Here’s a link on how to open an account by COL Financial – Open an Account.

Due to demand of people asking me about investing in the stock market, I need to rewrite this as I cannot answer most of it. Personally, this may serve as a guide for me as well hoping to update this with more knowledge I can gain. Another thing is, it is really important to read from different sources. I joined a Facebook group that talks about investing in the stock market to get more insights from other people.

As much as I want to be a trader but I don’t have the guts because it takes time. It is risky. Somehow, I sold my BDO after three months as I need to experience how to sell gaining Php2,000. I have sold others at a loss and bought more stocks in the companies I am confident that will gain more in the long run. I am just doing this as a passive income. At the moment, I am not active in doing cost averaging method but I am actually gaining.

For more questions, please do send your comments below. 🙂

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