At the start of this year, I started fixing my finances. I took bought 4 investment plans with sunlife investments and a couple more UITF Placements under BDO – Banco de Oro and BPI – Bank of the Philippine Islands.
The thought of managing my own finances was intriguing and fun. I am not a greedy person, but I know the value of money – and having more is never a bad thing!
Anyway, I shall focus my blogging to investments I make online, so I won't discuss these traditional investments anymore.
Trading Stocks Online - The Tools
In order to trade stocks online, I need to find a website that I can regsiter and buy stocks from. Such a site is www.bpitrade.com which is the online trading arm of BPI – Bank of the Philippine Islands.
I already created a checking account with BPI last year which was a requirement before I could trade with www.bpitrade.com. After I registered with bpitrade, they gave me a savings account where I can deposit money for me to trade with. It required a 5,000 pesos maintaining balance that earning minuman interest.
I can load money into this account by doing a money transfer from my checking account. All of this is done thru another website www.bpiexpressonline.com. With bpiexpressonline, I can do Online banking with the current account that I have with BPI.
