Wednesday, February 10, 2010

Ways to invest money - Earning in the Stock Market

From my coin collection hobby to the stock market. I was born in 1959, that time, money was not easy for a family of 7 including my parents especially in the province. I remember going to school with 5 cents as my allowance sometimes 3 cents though during that time one can buy a candy at 1 cent a piece, though at times I exchanged my pad paper for a piece of guava from my classmates residing in barrios where guavas, star apples, sweet potatoes as their snacks.Unknowingly, I learned the art of barter trading through a piece of pad paper for one guava or banana as my snacks. With that practice, I saved my 3 to 5 cents allowance. My piggy bank before was a hole in one of the bamboo posts in our house. This has become a practice of collecting coins and saving it and eventually I opened a bank account for myself especially when one of the banks accepts 5 pesos as initial deposit. Little by little it earned interests as I also believe in the book of proverbs that says,
"Dishonest money dwindles away, but he who gathers money little by little makes it grow."
This has surprised me a lot. I read articles about rags to riches stories which motivated me to learn and learn more. I started with coins then earning hundreds then thousands and eventually be able to trade in the stock market.

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