ALL ABOUT CITISECONLINE OR COLFINANCIAL

[hotchick_19]

hi mga sis, i dont know if may previous topic na regarding citiseconline or colfnancial.. any information or tips that would help our sisters na newbie (like me)  .. post away sis   

[blush_blush]

will follow this post. I'm interested din for tips and advices.

[hotchick_19]

yes sis, me too.. napansin ko kasi maraming minemention lang si COL kaso wala pa talagang topic. Im a newbie sa stock world especially kay COL.. may may tanong pa ako tulad ng pano yung computation ng gain/loss nila, what company/ies ang magandang bilhan ng stocks, etc.  I hope maraming magshare ng knowledge and experience nila 

[BurndG]

yes sis, me too.. napansin ko kasi maraming minemention lang si COL kaso wala pa talagang topic. Im a newbie sa stock world especially kay COL.. may may tanong pa ako tulad ng pano yung computation ng gain/loss nila, what company/ies ang magandang bilhan ng stocks, etc.  I hope maraming magshare ng knowledge and experience nila 

Hi! COL has a list of recommended companies that you can buy on a particular period. You can download the "Investment Guide" available at the homepage of COL and the old Citiseconline site.

[yena^_^]

you may want to watch this vid....http://www.youtube.com/watch?v=-jH1BPa1Juc

@sis hotchick_19, if you already enrolled in COL, you can always ask question to their costumer service and also you can also find a lot of information on their site. They also provide seminars.

[hotchick_19]

thanks sis yena, I have already attend the first 2 seminars. try ko ng hinanap kc sis kung pano computation nila sa gain/loss. pero wala sa website eh..sige ill try to call later yung costumer service nila Thanks sis 

[jmeangeL]

thanks sis yena, I have already attend the first 2 seminars. try ko ng hinanap kc sis kung pano computation nila sa gain/loss. pero wala sa website eh..sige ill try to call later yung costumer service nila Thanks sis 

kaya walang computation ng gain at loss dahil it would depend sa hawak mong stocks at any given day at any given time.  every second na bukas ang market magbabago ang value ng stock na hawak mo.  this isn't like UITF or MF na computed ang value hours after the market closes at iyon ang magiging NAV nya for the following day.

i suggest you create a watchlist sa bloomberg.  create an account or sign up using FB.  pwede ka virtually mag-add ng mga type mong stocks at makikita mo doon ang value ng portfolio mo, real time.

[yena^_^]

@hotchick_19

gain/loss is calculated per fluctuation of the prices of the stock you are holding in a particular day plus all the fees (commission, taxes, etc.)

So the value that you see in your COL portfolio will be the same amount you will get if ever you will sell your stock because they already factored out all the fees you will incur if you sell. Hope this help...

And their customer service is really helpful, isang email ko lang sa kanila sagot agad.

[happy_pomelo]

Within a year of investing in bank equities, I computed my average rate of return to be around 10%.  Compare this with stocks (thru COL) which in about 6 months provide the same returns, more or less.

I just can't get over the liquidity issues (perception ko lang) that's why I am not investing a lot of money on stocks.  Sa bank UITF kasi I feel comfortable that the bank is just a call away in case you want to redeem.

What's your experience in redeeming your shares through COL?  Will they eventually be credited to your bank account (where you transfer money from) or do you really have to get the check from COL office in Ortigas?

[jmeangeL]

^---it will be credited to your nominated bank account... although i haven't tried first-hand, my COL account is for very long term fund.  Either college fund of kids or retirement fund namin ni hubby.

i have bank UITF for emergency fund

[Juricks]

you may want to watch this vid....http://www.youtube.com/watch?v=-jH1BPa1Juc

@sis hotchick_19, if you already enrolled in COL, you can always ask question to their costumer service and also you can also find a lot of information on their site. They also provide seminars.

thanks for this.

[hotchick_19]

thanks sis jmeangel sa advice 

@hotchick_19

gain/loss is calculated per fluctuation of the prices of the stock you are holding in a particular day plus all the fees (commission, taxes, etc.)

So the value that you see in your COL portfolio will be the same amount you will get if ever you will sell your stock because they already factored out all the fees you will incur if you sell. Hope this help...

And their customer service is really helpful, isang email ko lang sa kanila sagot agad.

uu nga sis ambilis nga ng helpdesk ni COL sumagot ng email.. nagets ko na rin ang computation.. ipopost ko din yung formula ng computation for future reference ng iba nating sis..  try ko kanina yung formula for computing the GAIN/LOSS halos malapit na sa amount sa gain/loss na nasa COL account ko kaso di nagtatally.. mga 1 peso din ang difference.. hehe OA lang sa computation noh.. hehe  pero gusto ko kasi maunderstand kung pano nila naderived yung mga amount na yun.. 

[hotchick_19]

Hope this help sa mga iba nating sis. For your info lang po 

Market Value = Market price x Total Share - Sell Transaction Charges (makikita ang Charges sa website ng COL)

Total Cost =Average Cost x Total Share

Gain/ Loss = Market Value - Total Cost

Gain/Loss % = Gain/Loss / Total Cost

[PP2201]

thanks sis yena, I have already attend the first 2 seminars. try ko ng hinanap kc sis kung pano computation nila sa gain/loss. pero wala sa website eh..sige ill try to call later yung costumer service nila Thanks sis 

Which seminar is more useful? I got 1 day to spare lang kasi. Huhu

[gt76]

What's your experience in redeeming your shares through COL?  Will they eventually be credited to your bank account (where you transfer money from) or do you really have to get the check from COL office in Ortigas?

I already did it twice. I went to their office directly and filled out the withdrawal form, after 2 days my money have been credited to my savings account. Though there's an option where you can request it thru e-mail with attached withdrawal form.

[MissOnline]

Magkaiba ba ang Truly Rich Club sa Citisec?

[seTHer]

^as far as i know yes sis. guide yata yung club kung saan magsa subscribe ka din

[yena^_^]

@MissOnline

Yung TRC is a group that will teach you financial literacy, they will give ebooks and inspirational interview to some successful businessmen and give you guide what stocks to pick, buy and sell.

COL is a stock market broker, it is also the broker that is recommended by TRC member to use but you can use other brokers aside.

[jojo2978]

^^^close friends yata ang head/owner ng TRC and COL, basically, COL ang source ng inputs ng TRC.  (narinig ko lang sa isang speaker sa COL seminar before)

[Princess_Chill]

HI,

sa mga naka attend na na COL seminar how much po ah fees? or is it for free?