Small Business Startup Strategy

A Must read tips and advice before starting your small business

Starting a small business? Here are some tips and info I can share.

I will be frank, many small businesses fails. But with a few info to share, it could make yours a failure to success. Some information on this page might help you avoid some start up failure and pit falls most small business owners encounter, a mistake beyond recovery. We start at;


Location

There are 3 important things on a business. 1. location 2. location 3. location, that concept did not come from me but you will learn that the hard way later on, even if you have a bad business shop or expensive pricing schemes, but your location is situated perfectly on large foot traffic area with less competition and reasonable rental price, people will go to your shop. If you failed to land a good location then you fail the moment you step on the beach. When people start a business, the mistake they always do is they think first of what kind of business they will put up, probably if they are an IT student, they will put a an Internet Cafe, then find a spot even its a mediocre spot. There is nothing wrong doing business on something you know or your passion, but make sure you put it in a good location, or don't start at all because you will learn that the hard way later on. Getting a good location requires mapping and timing. What kind of business do you cater at? residential? industrial? commercial? education? Is it situated where there is lots of people passing by? (also called as foot traffic). How about foot traffic at night? or during holidays? 200 foot traffic per day is OK but the more the better, don't put a shop where its 200 foot traffic below. You draw a map, mapping that all out, you don't just look for an empty rental space blindly and rely on luck or arrogance.

Then timing, a lot of good location are already taken, hmm sounds familiar. But with proper timing, some will close shop and you must be ready to snatch it when it happens because it won't be available the time it closes down. When looking for location, don't just ask the empty rental space, also ask the already taken shop if they will be closing down in months time so you can follow up that space.

But.. but.. Yes I know you can cover up a bad location with your skills and ingenuity, but the same effort you put up if you just place it on a good location with your skill and ingenuity = increase chance of success.

How about rental rates? It depend on how large the space is and where it is situated, like for example you will start an Internet Cafe, P12,000 per month rental rate and you can only put up 10 computer on that space and foot traffic is low about 150 people passerby per day, its too expensive, that rental space should only cost P2,000 per month for it to be feasible or to be called a good location. When you say location, it does not mean it is just situated on a good area, price of rental rates is also a part of it because even if you live on low foot traffic area, but you are not paying rental fee like your house then that is part of a location, it now depends on what market you are catering for it to be called good or bad, if you are catering to online market, then there is no point getting an expensive space for rent not unless you need a physical shop aside from you house.

Competition? Avoid business that can easily be copied because if it is, expect a competition will start up just besides you or on another corner, so if that is the case mostly, avoid location that other businessman can easily copy your business, like if you see too many empty rental spaces, that is the place you should avoid, and don't ever tell people asking you that if your business is doing good, because chances are, they will start one the same business as you, worst just beside the empty rental space unit near you.

There is also a Strategy I device for myself, I called it Location Fencing, you just find a good location with good foot traffic, then when its available you lease it immediately then just think of what kind of business you will put up on it later. Also you can talk to shop owners in a good location if they plan to close shop in some point of time so you can get ahead of the line before the line existed. For me the chance of success is higher of a bad business in a good location than a good business in a bad location.


Capitalization

Another mistake of first time small business owner is disbursing his capital, example is if he has a P500,000 capitalization cash to spend to start up his small business, he will write that down and break down all the expenses for equipment and others and spend all that P500,000 right from the start, but it should not be, because you must only spend half of it, start small, so you will still have some capital left once you learn to adjust your business from the customer and market. Example is if you will start an Internet Cafe, you will spend all that capital money for good computer performance, until you experience the problem, its not about good computer performance but its about numbers, how many computers can you field in an hour and you should have invested in more good network system and internet connection than on high end computers, after you realized that, you no longer have the capital to fix or adjust to that mistake.

Which will give you more money an hour, 10 high end computers or 15 mediocre computers with good network connection and fast stable internet? Now you know, depending on your market. Another is if you need to move shop on a different location when you are still early in the game, because you need to look on a greener grass to survive and you realize this place is not your target market, the good news is you know the problem, the bad news is you don't have the capital to move out, you are stuck in there like you step on a quicksand. You learn from your mistake, and its a mistake beyond recovery.


Systems and Consistency

No, its not a computer, a system is a process, like how human able to reproduce and survive. It just run automatically, it should be the same on your small business, even if you will attend a birthday party, you don't need to close your shop and leave your customers disappointed. This will make sure you have consistency, if your customer is carving for your burger, then they must be sure they will not be disappointed because you attend a party or something, and even if you are not there, that same burger you used to make is the same they will eat made by your employees because they are following a system made by you for you to be consistent and earn customers loyalty. If you engage into small business, indeed you will be your own boss, but that does not mean you will also be your own employee, your own job and your own world, you will need to hire people to do all the work for you, your job is to think. If you are riding a boat, you don't paddle and steer all on your own, you hire people to paddle for you and your job is to steer the boat's direction. If you are against that principle might as well forget being in a small business and become a self employed doctor or lawyer. Because if you are going to steer and paddle all in one, chances are you are all stressed out and your boat is heading into the waterfalls and its too late before you know it.


How do you Consider a Small Business to be a Success?

1. Personal Success, many people I know failed on small business and close their shops, but they learn, they look for other sources of income like working abroad and found their success. If they force themselves to be stuck on that struggling small business of theirs then they won't have the realization of greener grass out there. I am one of them, If I did not failed in one of my first small business shop, then I would have not explored investing in the stock market where I found something where I am good at. I even manage to recover my capital loss because of it.

2. Genuine Family Business. If it survive 20 years and still providing you good income for you and your family daily needs. You remember that old hardware store, pawn shop or retail shop when you where a kid? Then after all these years its still there, that kid back then is now running the shop and the whole family has finished college, move out and has lives on their own. But this kind of small business is rare and take years to built, and you will notice they all have one in common, they had good location, like its just a regular house then the center of commercial has moved just in front of them, there is also luck involve in here, because no matter how hard working you are, its not gonna work alone on a business because you also have to think hard so luck will work on your side. Aside from that, it could have taken decades for you to have developed a tradition of business, like that on China Towns, which they're family has been doing business for centuries. So don't expect you belong on that category.

3. Branch Out. If your shop has managed to have 3 or more branches. Then that means you are doing a very good business. Small business tends to explode and expand or shrink and die, If you are not expanding, then you are dying, there is no in between like a stable small business kinda like a job, the only way for that is if you have that Genuine Family Business. You are doing good System wise and Location wise.

4. Incorporation. This is the ultimate destination for a small business, many successful Corporation you hear out there started as a small business and grew, like that popular Fast food chain the B and the M. How did they do it? read and buy business books, invest in your knowledge. You have to work out your working small business first before moving into a corporate category, no shortcuts.

Juan Tamad Sayings:

Who am I to advise you about business? I am not advising just sharing my experience, I no longer have small business, but I do have incorporator shares on a small fast food corporation and an IT corporation we incorporated. And I love investing because you just sit there and earn money, small business is not my forte, maybe you might find your success on it so go for it, you will never know and find out not unless you are on the other side of the fence, either you become a success or failure, one thing is for sure, you will learn something which is very valuable.

Don't give them Money, Give them Capital

What to do with those annoying friends and relatives keeps asking you for money

One day, a relative of yours or a close friend asking you money, you have some to spare, so you give them some, but they keep on coming back, asking or wants to lend money from you, refusing or when you ask your money back, it might make you look like a greedy scrooge.

How to take care of friends or relatives asking you to lend them some money? Well if you have some to spare, lend them, but don't expect it will come back, its already a gift but don't say its a gift but a debt, if he paid it back then that is good, but if he don't then you won't have any hard feelings because you already expected the money won't come back, well at least he can't ask anymore from you because you can invoke or question that previous debt he had ask from you. The line stops there.

First things first, ask him what will he do why he is asking for money, for birthday? denied. For new gadgets? denied. For Debts and Bills payment? denied. Hospitalization?... maybe at least give some. For business capital? approve, lets talk about it.

If you keep helping them, then you are making them weak and lazy by letting them pass unto you their responsibilities and obligation. So giving them capital for business start up is a lot better than just giving them money, so they learn to fish for themselves than annoyingly beg for fish everyday like the famous saying.

Most of the time they will fail, but they will learn, and you won't be of any guilt that you did not lift an arm helping them. They would also have an idea on how money should be worked on and its not going to be easy as how you obtain your wealth.

Finally upgraded to Samsung Galaxy S3.

Samsung Galaxy S3

Samsung Galaxy S3 the best music player smartphone and for business of course

Finally, I upgraded to Samsung Galaxy S3 after earning a little in the stock market, a little spoil for me and to make myself feel better after a personal problem with the girlfriend.

Galaxy S3 is not new especially since the Galaxy S4 is in the market already as the top of the line phone, but for me its the perfect time to get it since its now cheaper and its specs makes it still a powerful phone, its still the second best, they would have also fixed any bugs on it being in the market for some time now. I got myself a Titanium gray, the color looks nice and gives it a gun metal surface.

I did not use a wallet case because it will hide the beauty of this phone so instead I used a plastic back casing so its value won't degrade much due to scratches and the plastic casing is easier to replace when it gets old looking than replacing the phone itself so you will get that brand new flawless feeling like a perfect victory in Street Fighter or I think is a disorder or something. Going back to topic I got myself a transparent one so it will still show that nice Samsung logo and that metallic look of the phone. Probably remove all the protection after a year so I will get that new look feel before replacing it later on since I replace my phones every 1 and a half to 2 years old and of course always purchase the second to the top of the line phones.

What made me decide to purchase this phone model I-9300 than other brand and model is because of its Wolfson audio chip, the other model of Galaxy S3 is I-9305 which is LTE-4G capable but do not have the Wolfson audio chip, I don't need LTE as of yet for faster internet connection since I rarely use my phone for mobile network internet connection except for important purposes, I mostly connect through home and free public WiFi. In fact I put my network configuration to GSM-2G only for regular calls and SMS to preserve battery life, its enough for that purpose alone.

Going back to the audio chip, Wolfson is one of the best audio semiconductor company thus this phone has a very good sound quality even with the stock earphone, you can feel the boom of the bass and the treble very clearly. Its a good music player to make me feel better during this gloomy days or down days of business and investments. I'll get myself a quality expensive earphone once the stock one gets old. Aside from that Notification Led I love, being notified As soon as possible for a message from girlfri....business is a must have.

The only downside that I realize with the phone after I purchase it is its size. Yes I know the bigger screen the better but in my opinion the best compact size without sacrificing screen size is a 4.0 inch phone like my old one (LG P970). My new Galaxy S3 has a 4.8 screen size, its good and easy to read but when you are wearing a jeans and you put it in your pocket and you sat down like I always do, you can immediately feel it obstructing, well I can force it but I might broke it. So I always put it in my pocket bag instead, which I rarely feel its vibration if in case someone sent me a message. Aside from that, I have no regret getting it, I still can't move on staring at it because it looks so good, the Galaxy S3 that is.

I still installed the same apps from my old phone anyway, the layout is the same. Battery life is 2x better than the old one. This is now my new sidekick for my every day casual, investing and business living.


*update Sep 5, 2013 My Galaxy S3 is gone!

So who is the culprit? the Girlfriend, seems like she got envious because mine looks bigger than her S3mini. Well its OK, my effort and hard work are for my loved ones anyway, so we swap phone, the problem is, she got the LeFleur limited edition S3mini, so when I got the S3mini, there is no way I am going to use that because of its flowery design, Its a phone customized for the ladies so I swap it on Greenhills shopping center for a phone I could use, and I think I got the short stick when they offered swap it for a Nexus S I-9020, that Nexus S has similar specification to my previous old phone and I only knew that when I went home and done my research.

Kinda disappointed and regrets.. regrets, until... I found out that the Nexus S is also carrying the Wolfson audio chip to my surprise, disappointment turns into excitement!, aside from that it has a curve phone look and feel instead of the flat tablet or phablet of my old phone and the S3, Its comfortable to hold and placed in the jeans pocket. Being a 4.0 inch phone, its compact enough but do not sacrifice screen size. Aside from that the Galaxy S3 is too good for me, I don't like phones that I take too much precautions like it is a fragile glass, I like phones that you could just slip into your pocket and don't care. For the girls, they like those big phablets(phone+tablet), because they put them on their bags not on their pockets like I usually do. Its also an old phone the Nexus S so I can tweak it or toy with it installing custom ROMs for notification led to work since it doesn't have one, and getting Voodoo audio software to work with the Wolfson audio chip is a winner! I still use the stock Galaxy S3 headset and the music is superb!, I never did that with the Galaxy S3 as it was still covered with warranty and the default software is great for everyday use, no need for customization.

Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea

Wolfson Microelectronics plc is a multinational microelectronics and fabless semiconductor company headquartered in Edinburgh, United Kingdom.

How's Tilipia Fish Farming Business?

Tilapia Fish Farming Business

Here are my experiences I share from Tilapia Farming Business

Tilapia Fingerlings

Tilapia fish is one of the in demand never goes out of style food staple of the Filipinos, its healthy, meaty and it has large few bones which is easily seen and remove, you can also fry its thick skin to make Tilipia skin chicharon(crackers). And culturing it is easy, as its resilient and not a picky eater. You just harvest them in 3 to 4 months, that makes it passive income for me, but you have to fix your system first which is hard to master.


Pond Preparation

This is the first and most important step, fail here and fail on the rest 3 months. You can visit other site like this one; EntrePinoys for a detailed step on preparing a fish pond for tilapia. Its basically to prepare the proper nutrients and removal of predator like catfish that will eat your small tilapia fingerlings. Don't have a fishpond? try doing a small scale backyard pond or by using drum container for starters, maybe you get the hang of it and purchase yourself a fishpond in the province later on, farm/fishpond is cheaper per square meter and to own than regular residential land, it also has cheap real estate tax. So its doable if you really want to own a fishpond, your brand new car might be even expensive. Fish farming is exciting at least for me, you have to find out how you can grow your fish, inventing your own system to make it easier and cheaper so it will put money on your pocket as passive income later on.

Get your Tilapia Fingerlings

You can choose what type of Tilapia fingerlings you want to use, regular but cheaper breed or a hybrid ones that grows faster and larger. The regular cost somewhere about P0.25** centavos each while the hybrid cost more, it will be placed on a oxygen and water filled plastic bag about 5,000 to 4,000 Tilapia fingerlings contains one bag, here is a map where I get my fingerlings;


GOZUM's Tilapia fingerlings, Regular Breed
Sta. Monica, Pampanga

View Larger Map


Apung Libring's Tilapia fingerlings, Hybrid
Sta. Catalina, Pampanga

View Larger Map

Release it in your pond

After you got your fingerlings bag, go to your pond as soon as possible, because the fingerlings gets weaker after a few hours because of oxygen deprivation. Place the bag in the pond for a several minutes but don't open or release them from the bag so the water from the bag will adjust to the same water temperature, so the fingerlings won't be surprised with the sudden temperature during release.

This is where your branch of strategy differs, some will just release all the fingerlings to the pond and fed for themselves naturally with plankton, bacteria and weeds that grows on it during preparation period, some farmer put them first on isolated net(kulambo) on the pond so they can be fed easily and properly with fry mesh feeds.

Consult the webpage link provided on how many fingerlings can be stock on your fish pond, it depends on the size and depth, too much fingerlings might deprive them of oxygen and will result to smaller growth of Tilapia.

Feeding your Tilapia

There are 3 kinds of feeding, Intensive, Semi and Natural feeding;

Intensive feeding is you go all out purchasing sack of feeds, this is an expensive method but the growth of Tilapia will be faster and their weight will be heavier. It will pollute the water also easily so you need to clean it when it gets dirty by pumping out water with a water pump. And pumping in water with a water source so you can replenish oxygen in the pond, its expensive but of course you get more results during harvest.

Natural feeding is you just let them feed on natural plankton and kangkong or with duckweeds that grows on the pond, this is the cheapest method as it will give you less operating expenditure but of course growth and weight will be lesser as a result is marginal income when you sell your fishes. And also you could only put less fingerlings because the fish is dependent on oxygen, the more fish you put on the pond the smaller they become. Some fish folks use this method if you are in the danger season like rainy season and there is risk of flood.

Semi feeding is in between Intensive and Natural feeding.

Consult the webpage link provided on how much you need to feed your Tilapia based on their age or weight.

Kang kong

Duckweeds

Problems might Arise

Typhoon can flood your fishpond, losing almost all your Tilipia stock, this is depending on your location, its up to you how you fix this problem like putting nets or avoid rainy season.

Drought can make your pond at low water level, this could make them overcrowded, as a result oxygen deprivation which could stun their growth and worse fish kills. You must pump more water on it.

Looters can get your stocks during night time if your fishpond is not in a secure place especially when you are nearing your harvest season and your Tilapia is big enough. They could visit your pond every night and before you know it, you are harvesting mud. Also make sure you have a trusted caretaker.

Harvesting

After 3 to 4 months, you can harvest the Tilapia fish by draining the pond using a water pump or getting a huge harvest net. Draining the pond will take time and more expensive but you are sure you will get all the fishes unlike using a harvest net alone. Its also up to your entrepreneur idea or innovation on how you will run/harvest your fishpond efficiently, that is your business secret.

Selling your Tilapia Fish

Many fish folks think this is the hardest part, they think its more easier to grow fish than to sell it, for me this is the easiest part. Tilapia is a Filipino favorite, from ulam(meals) to pulutan(snacks). There are many types on how to sell your fish;

First is through contractors, basically they will contract you your fishpond, then they are the ones to harvest it at their cost, they will pay you an estimate price contract of the whole harvest or weight of fishes then your job is done, all you do is count the money. But because they are the middle man, they need to profit as well so you get less income in the process but its more passive income. Its hard to get contractors not unless you have a well know reputation, you have to sell your fish cheap, you are at their mercy for pricing, but as long as you would gain income and not loss, then its ok. Example is you have a 100 square meter of fishpond, they will estimate its content and fish sizes by dropping a net, then give you a price like P30,000 its all yours and they will take care of everything or sometimes they need to count and weight all the fish and buy it for you per kilo like P35 or P30 per kilo. The price is reduced because they will bear the harvest expense.

Second method is you contact a fish truck or fish tricycle and you will sell your fishes to them, your income would be higher but you will bear the harvest cost. They will sell it to the market also so the cheaper the price they get it to you the more income they will get, at this rate they will buy it to you at P40 to P45 per kilo.

Third is, you sell them directly to market, if you have a vehicle, go straight to the market early at dawn, and sell it directly to the market stalls sometimes there is a system in the market that you cannot sell it directly to the stalls but a collector, whatever the system is, you talk to the one in charge and sell your fishes, they would buy it at probably P50 to P55 per kilo. It depends on how big your fishes are, and if you are selling it, it must be fresh straight from harvest, some still moving. Probably market vendors would sell it as P80 to P100 per kilo on the consumers depending on the season like sometimes if there is a previous typhoon, fish value increases in the market.

Fourth is, which I have learned, because the contractors don't want to buy my fishes at an agreed price, they told me to sell it myself, which... Is a good idea, this is one of my business secrets I will share.

Basically you will need a bike with sidecar, and two trusted person selling the fishes, the other will pedal the other will scale and remove the gut of fishes when someone buys it, you will sell them directly to the consumers houses early in the morning, you just put a large sign Tilapia P70/kilo in from of the sidecar and people will buy it. Since there is no middle man like contractors and market vendors, you can sell them at a lower price than the market, like P70 or P75 per kilo. People will buy it, why not its cheaper than the ones in the market, they don't need to go to the market themselves since its already being cater in front of them and its fresh, straight from harvest, the ones in the market would have probably swarmed by flies or so. So if that's it but if you don't want to go to this kind of troublesome things then stick to the first method.

Prices vary depending on season, so the figures above are just examples and estimates, like during rainy season or after a typhoon, fish prices in the market will surge, because there is lack of supply, this is one thing you should also consider when selling your fishes. Law of Supply and Demand applies.

Juan Tamad Sayings:

You need to learn and adapt your strategy based on your location, the most efficient the better, that is going to be your business secret that you will rely on, its the missing link from being a success to failure, but of course, there will be lots of failure in the journey, trial and error and experimenting, its up to you how you do it. By automating or creating system for your fishpond, the more it becomes a passive income. In the world of information technology, you can adapt them for your own use, an example is what you are reading now enables you to have an insight what is going on.

Money can't buy you Happiness

A words of wisdom on someone whose been there

The famous line we always hear, what is Juan Tamad's sayings about it?

People very close to me who know me said I have money why don't you buy stuff, I will not bring it to the after life you know they said. Well its because I am not preserving my money, I'm preserving my lifestyle, once I started to buy stuff and be lavish, It can be addicting and may change my lifestyle and contentment level as we speak, I try to be contented and be the same guy as I was back then. Most people belong on lower class just look at the good part of being rich, having money and all and buying what you want.

But the truth is Money will just bring you problems, more problems, like you won't get to sleep thinking what to buy, problems of bad elements waiting for you like criminals such as kidnappers and then there are gold diggers and user friendlies will be after you left to right, you won't be contented and you will look at things you don't have than things you have, people and relatives will be envious of you and may avoid or even despise you and you are the gossip of everyday past time. Really rich people cannot just go out of their houses alone or to the malls, go hiking without having lots of body guards, talk to regular people or some sort, there is a price on having lots of money, you will only know that once you are there, and if you are there, there is no turning back.

Good to know that, People won't really know how much you earn, they will know how you live. If you carry expensive gadgets, telling people you own this shop instead of you work there, dress nice, sporting a luxury car and a huge house then they know you are rich, but if you look like the average and live a simple life then they won't know as long as you don't brag about it like in Facebook, they would see you not having a job and lazy unemployed guy around the corner. I am not saying having money is bad either, money is not evil, its the one who wields it. Having money enough so you won't need to work and spend your time to things you like is better and also you won't have financial problems like hospitalization cost due to sickness to you and some of your family members so you can spend time with them better, and for us, Time is more important. What I am pointing at is, having both worlds like I am just a regular lazy guy, the same I was in college, I could hang out to the mall with regular people and stuff, but unknowing to them, I could also buy things that I really need and wants. Having that simple lifestyle makes me more money in the process its a by-product of having more savings than expense, its a choice.

Being contented is the first part of being happy, a poor man eating on a fast food and is very happy beats the richest guy in the world who eats at a triple AAA buffet restaurant and still not contented and happy on what he eats and think of it as a regular day. This is the concept of man is created equal, whether we are rich, poor, have arms and legs, being happy is the same feeling for all of us. Of course if one of your family is suffering from sickness and you don't have money for hospitalization and you are happy, then maybe you need to go to the hospital.

Fresh Water Banami Shrimp Farming Flop

Fresh Water Banami Shrimp Farming

My first venture in farming a freshwater shrimps

drawn using GIMP

Not all investments will be a success, most will be a big Flop after spending time and resources, what is left is Experience. You learn, a lot. And there will be emotional obstacles you have to deal with.

I have hit a road block on this investment, but I will still tell you some details, maybe you could try and find your success on it.

If you have a good location on your pond, a small mixture of salt water because, river water near the sea flood it during rainy season which is pretty normal in the Philippines, you have a good chance of cultivating shrimps and prawns. Shrimp and Prawns can give you good income, its always in demand and will thrive on with little saltwater mixture(brackish). But if your pond location is fresh water like ours, then you have little luck.

Supposedly a variety of shrimp called "Banami Shrimp" can survive on freshwater, our neighbor's pond has able to culture it, without putting sacks of salt on the pond, putting salt on the pond would increase your expenditures, the banami shrimps larvae will survive through a "climatization" process as according to them, he has his share of imperfection like survival fall short and harvest in few kilos because the climatization process was made hastily, but it did survive, he was able to sell some for us a few kilos of his harvest, it was dark gray and taste like.... shrimp.

Banami shrimp is a good compliment to freshwater ponds combined with Tilapia fingerlings, because the shrimp will eat water polluting Tilapia's waste and Tilapia Feeds leftovers, both the Tilapia and Banami larvae must still be small, so they will grow together and prevent the Tilapia from eating the tiny Banami shrimp larvae.

First you have to ready your pond like how you would do with Tilapia, there is a good site out there like EntrePinoys Atbp. that you can get tips on, but each pond has different characteristics.

Hatchery Location

After that you can check out this map where I got my Banami larvae  Its a hatchery in San Felipe Zambales, If this is your first time, your pond must be ready, so in case you went there because its a little far off place, and the larvae is available, then you can purchase some right away and go straight to your pond, because if you do not have contact numbers as of yet to just call them if banami larvae is available, you really need to go there to know, and its better that your pond is ready in case you can purchase larvae right away so you can start than if your pond is not you will go back there and waste fuel again.

View Larger Map

This is a digital map provided, incase you came from NCR or nearby provinces you can navigate your way going to the shrimp hatchery. Coming from Olongapo traversing the National Highway, before you reach San Felipe boundary, there will be a bridge called Maculcul bridge, after that you will pass a cemetery then not far from that, on the left side there is a Sitio LiwLiwa Signboard which you turn left on that road. As shown on the map, this street is full of hatcheries of prawns and shrimp of different varieties.

In the hatchery, there is a minimum numbers of banami shrimp larvae you can get, in my case the minimum is 100,000 banami shrimp larvae and cost P0.12** centavos each (as of 2011), so its P12,000 total, you can count the larvae if you want... you can try, the counting method is they put it in oxygen and water filled plastic bags, then they get one bag and count the larvae one by one, you can watch them if you want, in my case, one bag is counted as 5,000+ fries, then automatically the number applies to the rest of the bag which is 20 bags all, of course they give you extra bonus bags for assurance in case some bags will be less 5,000+ and the fatality rate during travel. The banami shrimp larvae is very small like dots swimming in the water.

** prices are subjected to change without prior notice

Once you got the larvae in the bag, you should go to your pond as soon as possible, don't waste your time stopping by a Mall or something because the more they stay on the bag the oxygen level decreases for several hours before they start to get weak and die. But I'm sure its enough time for you to go to your pond before that happens.

Climatization Process

So basically this shrimp really need a very small mixture of salt water but by a climatization process, they will able to survive in fresh water. How? first you pour one bag in a container along with the water and larvae in there, and go near your the pond, pour 1 glass of pond water to the container, wait for a few minutes then remove 2 glasses of water from the container, make sure no larvae gets along with it, then pour another 3 glasses of pond water to the container, wait for a few minutes, then remove 4 glasses of water from the container, and repeat the process and apply also on the other bags, any way if its time consuming then go figure out another way, if you did, then good for you, the important thing is the concept of slowly letting them adapt to your local freshwater pond from the brackish water they came along the bag/hatchery.

Epic Failure

After a few weeks, you will be able to know if the shrimp survives, during night time, you will flash a flash light in the pond and to the pond's corner, you will see their eyes glow. But in our case, there was none. Evidently something went wrong in the early stages.

After a few months, when the Tilapia where harvested, no Shrimps was in sight. Its a failure! a Flop!. What happened? I don't know. Possibly, they failed to adapt in freshwater so they disintegrated after the climatization process, or they where eaten by Tilapia, since the Tilapia where a little larger than they are suppose to be when the shirmp was placed on the pond because of timing issues, you have to time the right timing to get the Tilapia fingerlings and the Shrimp larvae. Even though my neighbor say the Tilapia wont eat them, I have doubts in my mind, since a small Tilapia would eat a small ant if you throw one on there because I tried it to simulate a shrimp larvae...... just nearly had a panic attack just typing this paragraph, I think reminiscing on what happen that time left me an emotional scar or something even though it happened few years ago already, Oh well, I just need to relax for a little bit. How about you, maybe you may get your success on Shrimp culture.

Juan Tamad Sayings:

Like what is said earlier, not all investments will succeed, there will be failures ahead and emotional pains can scar you and beat you up, just think of it as you are going to school, you pay money to learn, same as failures in the business, after you spend lots of money, it just fails, but you learn, you pay for experience, it fails, now you know and try something new. How about not quitting you say? Well I am not totally quitting the shrimp thing, I must perfect my Tilipia culture first then maybe a few decades I will start the shrimps again, but as of now, I will look for a different passive income avenue to cover the losses, this thing will go to "Experiments" and probably try a small batch of shrimps first or wait my neighbor farm to perfect his freshwater shrimp culture, as of now, there is little source of information about freshwater Banami shrimp even on the internet, this niche product will make it more attractive but of course risky also.

There is another thinking that I shouldn't force it, for farmers who has naturally small salt mixture in their ponds can grow the shrimp or prawns easily, but there are this things that grow better on fresh water also which I am still experimenting that I should focus on.

My Business Sidekick; an Android™ Smartphone

My Business Sidekick; a Smartphone

Smartphone for Personal and Business use

This is my LG Optimus Black (P970) Android™ smartphone. What did you say? its just a luxurious product I want to brag about and I don't need it? Not really, this smartphone is one of the things that I need for my everyday living and business of course.

My Smartphone host a 4 inch display, its big enough for ease of use but not too big when you hold it on your hands, bulky in the pocket or if you put it in your face during calls. Its one of the lightest and slimmest smartphones at least during its time. Along with all the good features of what an Android™ smartphone you expect.. Well except the LED notification, that blinking thing when you got a message, but that's not a problem since I am able to install an app that makes the buttons bellow acts like a LED notification.

Its not those low-end affordable Android™ smartphones that gives in quality hardware and lacks features that you can buy everywhere and not the other also, the expensive one, the fruit with a bite on it. Its a mid range Android™ smartphone, gives you nice performance and style and can Do The Job.

Specs is not something to brag about, but its enough for the task, dual-core phones are now affordable, my phone is already old which is more than a year, but its still working good, and plan to upgrade it later on if it broke or something, just don't give me a reason to replace it like a hairline scratch in the middle is annoying or the lock button became stiff "now I need to buy a new one" excuse.

Like investing in Stocks, you must know at least the overview of what you are buying, you don't just buy because it looks good or its popular, so by choosing also an opensource operating system like Android™, I'm sure I wont be vendor locked and make my usability simple, like when I plug it on a computer, it just works, It does not require me to download some software suite and stuff to transfer files or some sort, and the video format of my videos can easily be played and edited with default player or generic players like those in TV, instead of asking you to get a specialized codec online for you to convert it and be playable with other home devices which is a headache.

Its really useful... back in the days, I have to carry a gaming portable, music player, laptop, digital camera and a cellphone, now its All in One go.

OK here are the list of why its necessity not a luxury, mostly its the Apps that matters that makes it above a regular cellphone aside from the features it sports. Apps can be easily installed by just touch of the pad in the Application market mostly for free as long as you have an internet connection, no need to connect it on a computer like an old cellphone does.

Droid Money by William Bruno

Ministocks by Nitesh Patel

Stock Market Widget Apps; I am always updated with the world wide stock index in the main screen, I must know whether the world market is collapsing or booming so I can decide my strategies, When the world wide market panics, Its instant fast cash for me. You can put other commodities if that is your style.

Expense/Income Apps; Monitoring your expenses and income is a must, you can easily make sure you are not spending beyond your means, how much you are earning in a month and analyzing what are those things that eats your monthly budget whether its important or not and what to do about it.

Notes Widget Apps; Its always displayed in the main screen, so I won't forget anything that I needed to do, If you are Juan Tamad, you tend to forget lots of things.

Motivational Quotes by Mike AF

Motivational Quotes Apps; Most of the times you are lazy and out of focus, you need some motivation to keep you moving and aim for your goals, ok, example.. let's see; "Many an opportunity is lost because a man is out looking for four-leaf clovers" well said, this keeps me motivated to look for more opportunities instead of lining up in a Lotto outlet.

Happiness Quotes Apps; Having Social Anxiety Disorder, I am battled with depression all the time, and what things to keep you going and reminding you things is to be Happy, let's see; "Happiness is your dentist telling you it won't hurt and then having him catch his hand in the drill -by Johnny Carson" Bwahahaha!, that was good... ok back to work.



Traffic Update; Being a passive income earner, most of the time there is really nothing to do but sometimes there is this things you need to finish out every month like you need to move from places to places, get some cash, move it here, pay there, check this one out and traffic is gonna get you, what better way is check the traffic update and plan ahead on which route you could go, a passive income earner like me dislikes being in the lemmings crowd, I tend to move on the opposite like a black sheep or something.

Web Browser; Yes a quick research check from the internet is important when checking a product or location, specs, requirements, cost, reviews, availability etc. etc., even if you are lost, you can just check on the maps, or just sitting around wasting time. And if the need arises, you can use it if you need to sell or buy stocks while you are in the middle of nowhere.

Quality Camera; Smartphones has good picture quality, mine even has Flash, and you can edit them with apps and probably use them on Facebook or your blogs, Its decent enough for you to forget your digital camera and since you carry it all the time, you can get snapshots anytime and no longer say "Too bad I forgot to bring the Camera", I also use the camera to snapshot lets say a direction or address or get a copy of a receipt, contracts and so on, its faster and easier than typing it in. It makes the word "Photocopy" what it really means to be.

Comprehensive Music Player; Regular cellphones has them also, but they don't have detailed playlist, equalizers and effects, search music or something and organizing features. I use music as a form of relaxation, especially during depressing days or stressful ones like an investment gone wrong or something. Its good to have a music player available to you when you just need to be distracted at that point of time or have something to pass time while travelling long distances, stuck in traffic or if you have to wait for someone especially if she's late.

SMS and Call blocker; Well it says it all, it blocks SMS and Calls from annoying people you don't know and offering you stuff. Being in the business, you always give your number to companies, I'm not saying its a bad thing, but this is my personal number.. don't call me I'll call you.

Offline Dictionary, Bible and More; You can have a handy dictionary so if you need to know what terms or meanings that pops out, example is you are reading a contract, before you sign it, make sure you understand some terms on it like "tenure" "liable" "comprehensive" etc. don't lie to yourself acting you know what it really means, if you don't understand some words, there is nothing wrong consulting your dictionary. And of course the Bible, its personal for me when things just don't go the way it is and everything is going crazy, you can read some verses to inspire you up and make sure you are doing the right thing. There is more you can do like; you can even get a cook book if you are a cook and so on just an example on what you can do with this smartphone, just make sure you get the offline versions, some apps will require internet connection, here in the Philippines, a 24/7 internet connection through mobile is still expensive about P1,000/month, for me its not that expensive but my issue is the signal strength and connecting to the internet all the time will just drain my batteries so I still prefer affordable prepaid on-demand connections like P50 unlimited for one day or P20/3hours, some network providers measure MB data per transmission instead of time.

Text Editor; When I started blogging, I need something to write my idea when I'm out doing something that I might forget later on, so a handy text editor will do the job.

Entertainment; If you are bored, you can just play games, or if free Wifi is available, you can go watching videos online or checking your Facebook or whatever. Though it will drain your battery faster so I rarely use them, I'd go for the music player because it eats less batteries.

Juan Tamad Sayings:

Being an investor, you have to be disciplined, I try to avoid being impulsive, a sudden rush of emotion can dictate your mistake in investing and in every aspect of life whether its a relationships or purchasing something. You have to think first, research and evaluate before going in... but to much deep in details might hold you back, at least an overview is just enough.

Tools of today makes life easier, back in the days, if you want to buy stocks you have to use a telephone, now you just click or touch using devices, You must be either ahead of your time or you must be able to adapt on the current trends in our time like a child.

Android is a trademark of Google Inc.

LG brand and trademark is owned by LG Corporation

Money do grow on Trees

Another Passive income that grows on trees

Mango Tree = Money Tree

How many times your parents said that Money don't grow on trees! yes they don't literally, but they can be a good additional passive income added to your portfolio of money farm. Fruit trees are good passive income, they just yield once or twice a year and its cash, it will sell like hot cakes, but before it becomes a money tree, you have to work for it at the beginning, its not easy planting a tree. Like investing, it takes lots of time, lots of risk but small capital if you already have a piece of land.

Mostly it would take 8 years before you actually realized a small fruit bearing tree potential.

You start from the seed, You have to select the best of the best, most seedling would just not grow properly, if you try to plant it, it would just eat space on the land and produce poor results, and would take you years before you realize that.

Most seedlings wont survive in the early stages, some would be eaten by insects, stepped on by frogs, played by dogs and cats, few would grow abnormally, you end up with few successful seedlings.

How strategic location is your piece of land is. Does it flood? grass fire? infertile soil?. Any of these is a threat for your tree growing, some would just die after all these years of growth.

While the fruit tree is growing, the threat of grass cutter can cut the trees accidentally if not marked properly, aside from it will be wrapped up by grass vine and dragged or wrapped on its death, or out grown by talahib grass both the roots and leaves suffocating your still small fruit tree.

Insects would be eating or brooding on your tree leaves, hampering the growth and its need for sunlight.

Duhat bitten by Fruit bats

Infertile land could stun the growth of the fruit tree and produce lesser result, you will need a fertilizer.

Then after it has grown to height, some would just die or not yield any or few fruits. And all that happens in years before you know it.

Its a pain before it reached its full growth potential, even when the trees starting to bear fruit, insects and fruit bats are at it again and even children secretly climb and steal the fruits of your labor.


After a successful strategy and trial by error, you will get your money tree, a single Duhat tree of about 15 feet can earn you P5,000 every harvest and it has not yet reached its full growth. If you go to the Mall supermarket, example is a 3 piece of mango cost P100, so you get the idea how much you will gonna get with your money tree, if you will sell it directly to consumers, and if you did you can beat them in a price war because you eliminate Middle men and overhead cost that jack up the price before it reach the market, you would still earn more even if you sell 3 piece per P60 pesos, kinda like they call Factory Price. All you need is a bike with a sidecar, a trusted person that will sell it with a promised share on the income and a weighting scale or if you want to sell it by piece if you desire, put a large low-price tag sign up front like P60 per 3 pieces as long as its cheaper than the current market price and cater it in a residential/rural area and its going to sell real fast.

Another advantage is; This investment is Economic crash proof, if the world goes upside down, value of money would be gone, stocks and banks crash, but your land is still there and your trees is giving you food, in that situation the value of your trees would increase more than a gold's worth, you can't eat gold you know.

Do you need to buy land? If you are a middle class, its quite common you have ancestral lands in the provinces, which you can talk to your relatives of your planned investments. If not, you might think about purchasing cheap farm lands, some are cheaper than cars you pay in monthly installment that you own, Real Estate is another different investment vehicle, but the best real estate investments are lands that produce money and not just a piece of idle land laying somewhere hoping for its value to increase.

In our situation this is a family farm, bought cheaply after it was ravaged by Volcanic ash fall, the soil is very infertile, it floods during rainy season and grass fire at dry season, the reason why the land is affordable for a middle class person. A select fruit tree will only grow and yield small results, but a locally made fertilizer will do the job. Mango is one of the few fruit trees that grow on it easily aside from Duhat and Guyabano. When the time comes, The income generated would be used to support the farm maintenance and be divided among siblings, aside from it a fruit staple yearly supply, so no need to buy them in the market. The place is also a good outdoor vacation or just sleeping in a hammock under a tree while waiting for the fruits to fall, like what Juan Tamad always do.

Juan Tamad Sayings:

Ok so what is my point? am I teaching you to be an investor or farmer? Well... kinda both, because the concept is the same, but I'm not telling you to dig deeper, you have to be a Jack of all trades a master of none. You don't need to be a master farmer or such, not unless its your passion, just a hobby is enough, its going to be called active income if you will put more work, time and passion on it, each passive income avenue is not a career, its a sideline but being a passive income earner overall can be a career of its own, so once you are pumping money out of something, time to move on to a different money deep well to pump some cash, you must have a diversified passive income and not only one source because it will under-perform against active income, the difference is, you can only have one active income at a time while on passive you can have 10 or more working for you at the same time, better if you have both, but you know me I'm Juan Tamad, for me working for this whole passive income avenues is my active income.

I want to buy Stocks; The Philippine Stock Market

I want to buy Stocks

A step by step guide on how to buy stocks or shares in the philippine stock market

You want to buy stocks? Who doesn't as long as you have the capital, all it takes is a minimum of P5,000 pesos investment, a computer (desktop, smartphone, tablet etc.) with internet access and you are at least 18 years old.

For starters, stocks are your shares of ownership on a Corporation. The good part about a corporation is it has its own life, laws and system than regular small business, meaning if the corporation is held liable or has debts the liability remains in the corporation because its an independent entity and you are not liable with anything. Aside from that it runs on its own, you can sleep all day and they dont care. Its like a money tree, you just plant and it grows in time... as long as you know what you are doing, though you don't need to be a genius to figure that out, even a Juan Tamad like me can understand.

The disadvantage of a corporation is you have less control, the only thing you could do is vote officials that will run the corporation during elections, and eat some food during stockholders meeting but that is not mandatory, and Lastly... the most important thing you could do is, Sell your shares of stocks, Buy or Hold... that is where the ball game is. And where do all this things happen? In the Market of course, the Philippine Stock Exchange.

Now where do we start... first you need an online account, yes, buying stocks is just like facebooking, if you know how to use facebook, you know how to buy stocks, you just log-on and click and click, that is the easy part.

The boring part is registering your account, don't worry as this is just one time only so bear with it, but for me this is troublesome but Im sure its a piece of cake for you. Where to register? No, not in the Philippine Stock Exchange, you need a Broker, they are the one to handle your online account and the go between You and the Stock Market. It works like this:

drawn using GIMP

There are several brokers out there, If you already have BPI bank account, you can start easily with BPI Trade. Another top popular broker is CitisecOnline, but of course I will cover Philstocks™, why Philstocks™? Well because that is where I registered back then in 2008 because of its low P5,000 initial deposit, that deposit is what you are going to use to buy stocks, its not a fee or what... kinda like opening a bank account, of course you are not limited to that amount, you can put more like P25,000, and more on later via bank deposit or office walk-in, but its safe to play with small amount at first until you get the drift. I will explain to you my first hand experience, been there done that as they say.

1. Let's start by going to Philstocks™ website and click Register Now. There you will fill up the online form, you need to input your real name and address not an alternickname. Because your broker will use that information for the corporation you bought so in case you get Dividends(cash earnings) from a corporation, it knows where to name and address the check. They will also send you activation letter on your E-Mail, so anything you fill up in there must be real.

2. Next is funding your account, this is where you will put your P5,000, there is a lot of method as stated to their website using cash transfer, ATMs, bank deposit or just walk-in to their office.

3. Then download, print and fill up the Customer Account Information Form (CAIF) then drop by at their office and don't forget to bring a valid ID.

View Tektite Towers in a larger map

If you are confused, then office walk-in is for you, just go straight to the Philstocks™ office as long as you don't forget your P5,000 and valid ID. The friendly Philstock™ staff would just accommodate you and assist you in registering your online account, they even have customer's PC there that you can use to register.

When you enter the main entrance with x-ray baggage and metal detectors at the ground floor, go to the left part of the tower till you reach the far end, that is where the Philstocks™ office is, then enter the "Investor's Lounge" glass door from the right, not the one from the left with lots of computers.

After registering your account, probably just wait for a few days before your online account gets active, you will receive e-mail confirmation along with your PIN number, then you can now start buying stocks!, its that easy!.. I sound like a sales person, but I'm not connected to Philstocks™ whatsoever but just a customer happy of their service and of course, I am just explaining my first hand experience because I don't have experience with other brokers.

Adding funds to your account would be easier via cash transfer, ATMs, bank deposit etc, or you could still do office walk-in if you like.

Now that you have an online account, I'll tell how to use it and things you should know.

Once you log onto your account, this is what you will see:

click picture to enlarge

(a) Pin a particular stock; This is like a bookmark where you pin your favorite or monitored stock in your main screen for fast access.

(b) This is the latest price sold in the market of a particular stock selected using the search function or bookmarked, includes price since the last 52 weeks.

(c) Search function; Where you input the code of a particular stock to show in the main screen for analysis, stocks are coded like for example is on the screen "Greenergy Holdings Inc." is coded as "GREEN". You can also select the SYMBOL button if you do not know the code of a particular stocks you are looking for.

(d) This is the main Philippine Stock Exchange index, the overall average value of the stocks traded on the current day. This is your gauge if the market is going up(green color) or down(red color).

(e) Every transaction is shown here, it shows the code of a stock, volume and price that where sold or bought in real time.

(f) BID and ASK; This is where the negotiation occurs and the essence of the market trading. This is the battle between the seller(owner of a stock) and the buyer(interested in the stock). The law of Supply and Demand is at play, the Supplier is the ASK, the Demand is the BID.

BID is the bidding price of the buyer, its like the buyer saying "i'll buy this stock if you can give it at this price". Probably you are new this is where you start... buying stocks.

ASK is the asking price of the seller the one who owns the stocks, he is saying "this is my selling price".

Either one will give in to their demands of the stock prices, the Buyer will buy the asking price of the Seller of stocks or the Seller will give in to the Buyers bidding price of the stocks. When that occurs, its called a "MATCHED" where a transaction occurs.

Volume is the quantity of the stocks, if the price of a stock is P10 then a Volume of 500 = P5,000. Fees and Tax are not included, though its only a very small amount it will only be realized after a successful transaction or orders matched.

(g) Your balance or credit on your account, this is where your deposit goes, it is actual money.

(h) This is the status of the stock market; Pre-opens at 9am where it starts accepting orders, but will be fully Open and transaction will start at 9:30am, Recess at 12noon then resumes at 1:30pm, Pre-close at 3:17pm, Market closes at 3:30pm. Close during Sat-Sun and on Holidays. If you buy or sell a stock where the market is close, it will be recorded through your broker and your orders will be active when the market pre-opens.

(i) Some data of a particular stock you selected on the main screen like Price/Equity ratio, Dividends etc. This are one of the tools you need to understand at least if a particular stock(corporation) is performing well based on its price. But you can skip this and learn later on, because I'm explaining how buying works and not what stocks to buy, and you get the feeling of "hey my first stock" just use a small amount though because this is for testing purposes and you might regret buying something you don't know.

(j) The BUY icon; this is where you go if you want to start buying a stock. (see next picture below on how to buy).

PORTFOLIO icon; It show what stocks you currently own.

SELL icon; this is where you sell stocks you currently own, if you know how to buy stocks, it would be the same as selling.

ADD FUNDS icon; Where you add funds or deposit to your account balance electronically like ATM etc.

ORDERS icon; This shows your pending order, selling or buying stocks that has not yet met its matched. All your orders will be cleared if the market closes and it did not met its match, not unless you selected in the option GTW(Good till week) GTM(month) GTY(year) which it will stay in the order list until the selected duration ends, you can use this if you will go on vacation and you want to sell or buy stocks at the said price or for your strategy like falling in line after sometime because orders in the market are first come first serve basis.

MATCHED icon; When your orders of buying or selling a stock met its matched and has successfully sold or bought, it will reflect into this area on the current trading day.


Let's Start Buying Stocks

Click the Buy icon. A pop-up window will appear on the right side like this one;

click picture to enlarge

(a) Symbol; is the code of the stock/corporation, you input the code of the corporation's shares(stocks for short) you want to buy, in this example is GREEN, they use coding because its easier and more compact than typing the whole name of the company.

Shares is the Volume or quantity of how many stocks you want to buy. In this example its 1,000,000 volume

(b) Price; is the cost of each stock you want. In this example it is priced at P0.0160 a piece, sub total the volume and price is equals to P16,000.

Fees; That is where the broker gets their commission, it also includes taxes, the good part in the stock market is taxes are automatically paid during selling and buying including cash dividends, so you don't have to worry about Income Tax returns nor Capital Gains tax and such later on. Its a small amount anyway as you can see only P49.95 for a P16,000 transaction. Grand Total of P16,049.95.

(c) Lot; This is the type of Volume or quantity of shares to buy, can be chosen as Normal or Odd. Normal is 10,000 1,000,000 and such, while Odd is 584,594 12,409. The market rarely use Odd lot because its confusing, so they make Normal as simply Flat rate, the Odd lot is separated to Normal lots, so you can only buy separate Odd lot that is available in the market, You cannot buy normally let say 12,483 volume of shares, it has to be 10,000 20,000 30,000 and up... no 21,395.

Another thing to know is the Board lot, it is the minimum volume you can buy in a particular stock, like in the example, GREEN's board lot is 100,000 so you cannot buy a volume that is lesser than 100,000. Example is buying 2 piece of stock, that is not allowed not unless there is an available ones in the Odd lot department. Odd lot arises from stock dividends, another form of dividends but instead of cash, its in the form of shares of stocks.

Validity; The duration of your order, usually it only takes a day, once the market closes, all unmatched orders will be cleared, but if you selected any of these GTW(good till week) GTM(month) GTY(year) your orders will last until the duration is over or if it has met its matched within the duration. example is the seller(ASK) is asking for a price of P12 for his stocks, then you know the stock is bad, the corporation is having a bad time and the news is hitting it like nail, a landslide in the mines has hamper the companies operation so you anticipated its price would fall down to P10 pesos after a week or month but you are going on a vacation at that time or you want to be days or weeks ahead of the line as this is first come first serve basis, so you order your BID price to P10 pesos right now and set its validity to GTM(good till month), so now you want to buy it at P10 pesos, your order is valid for a month, but the seller wants P12 pesos a piece, there is no MATCH in this situation on the current day, but after a few days or weeks, the stock price did went bad and the sellers(ASK) now wants to sell it at P10 pesos a piece, so in this situation your BID price and his ASK price matches P10 pesos a piece, so there is a "MATCHED" in the order, your order will disappear because its fulfilled and will reflect to the MATCHED icon including the details of the transaction and successfully purchased stocks will be placed on your PORTFOLIO.

Submit; This is where you finalize your orders, a 4-numeric trading PIN will be required before you proceed, and the broker will then submit your ORDERS to the Market and waits for a MATCHED the action happens in real time. Where is your trading PIN? check your e-mail, it will be sent to you once your account is now active after your registration.

Once you have purchased your stocks, you can go to your PORTFOLIO to check it out and you can now sell it if you want, the format for selling is the same as buying, just press the SELL icon and you would know how it works.

Juan Tamad Sayings:

After reading this and you got your interest, you should start investing now, don't give yourself excuses as "next week" or "next month" but now. Because like planting trees to benefit now, you should have planted it long ago so stop wasting time and go ahead, don't think too much but act, get out of your comfort zone at least a little. You won't know where you are good at if you won't try

Philstocks.ph™ is the online trading division of Accord Capital Equities Corporation