Who is Dr. George Ty

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source: http://www.mbfoundation.org.ph

To simple put it, Dr. George S.K. Ty is the founder of the Metrobank.

But besides that who really is Dr. George S.K. Ty?

Probably you might have heard of his name when GT Capital Holdings made its IPO in the Philippine Stock Exchange. GT Capital is the holding company of the Ty family businesses Metrobank, Toyota Motors Philippines, Federal Land Inc., Global Business Power Corporation, and Philippine AXA Life Insurance Corporation.

Originally from Hong Kong, the Ty family move to Binondo. Dr. George S.K. Ty founded Metrobank when he was only 29 years old together with Don Emilio Abello, Don Pio Pedrosa and Placido Mapa Sr. with their very first branch in Binondo. It was only after four years when another branch was setup in Davao. Metrobank is one of the Philippine's top banks mostly playing the 1-4 spot. Also Metrobank expanded to serve the Filipino overseas. In Taipei Metrobank is more known as the Filipino bank. 

Dr. George Ty dreamed of establishing a foundation to give back and serve the community. His dream materialized when he founded Metrobank Foundation.  The foundation has significant projects in health care, education, the military and police, the arts, architecture and design. 

After decades of being the head of Metrobank, Dr. George S. K. Ty finally pass the torch to his sons in handling the business. He is now focus in expanding their business abroad specially in China. As for the success of his empire he says that the key is ho you take care of people whether they are your partners, clients, or employees. Establishing a good relationship with whom you do business is the key. 

You might wonder what does the "S.K." mean in his name. It Dr. Ty's Chinese name which stands for "Siao Kian" of which "Siao" means youth and "Kian" means persistence. You might also wonder why he has a "Dr." in his name. Various educational institution gave him honorary doctorate degree for his distinguished achievements and exemplary service to his fellowmen particularly in education.

Sources: http://www.newsflash.org

             http://www.manilatimes.net

             http://www.tofil.ph

First Metro Securities Free Seminar on Stock investing

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source: www.firstmetrosec.com.ph

I know you already noticed I have been posting and promoting seminars(I am not paid to promote these seminars) because I believed learning the Stock Market from the experts themselves will give you a better understanding of the "hows" and "whys" of the stock market.

Below is a screenshot of First Metro Sec's seminar this coming October at their PS Bank office in Paseo de Roxas in Makati City. If you are free on the afternoon of October 6, 20, and 26 why not attend these free seminars and know if you can invest and earn money in the stock market. Seminar only last for 1.5 hours.

source: www.firstmetrosec.com.ph

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Christmas season

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 source: http://siebel-essentials.blogspot.com/

We celebrated Christmas yesterday and the PSE has been closed since Dec 24 till Dec 28 in observance of the holidays.

So what have you thought during these days? Most people spend Christmas with parties and buying here and there. There is nothing wrong with enjoying the holidays, the thing is even though it is a once in a year celebration one should always keep in mind one's goals. It is okay to buy gifts as long as it is the thought that counts rather than the monetary value. 

Give gifts of value. 

 source: http://affordableutahweddings.com

Something that the person you gave will cherish for a long time and from time to time will look back and remember  and smile.

sources:www.pravsworld.com & http://www.ayesha.thalassemia.com.

Most little ones at this time might receive money from their lolo, lola, auntie and uncle. Why not teach them to save up those small monetary gifts from  lolo and tell them that if such is accumulated to at least Php 5,000.00 they can open an online brokerage account at Metrobank and start buying stock with intrinsic value while their young, remember TEL years back was only at 250 per share but now its already at 2400.

But above all remember the reason why we celebrate this event. God loves us that much that He gave His own Son for us. How about you what can you share this Christmas?

We thank you for helping us give some to our poor kababayan in Isabela as well as for the CCVF project. We hope to actively give what ever we can to the least of our brethren if we have some extra. No matter how small it is when we put it together it becomes a bigger chunk.

Give not because you want something in return, give because you want to give. Give without expecting any in return.

source: http://www.abchomepreschool.com/PreschoolEducationBlog/

My new segments in my blog: The online stockbrokers that I use

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                                source: http://www.yourbrokerguide.com/
If you remember I introduced you to the online stockbrokers... if you haven't read that yet click here.

Okay so let me make some introductions first. One might ask me why online stockbrokers? What are the benefits?

Here are my reasons why I opted for online stockbrokers:

1. Online stockbrokers are cheap. Most only charge a commission of

    0.25% to 0.50% per all transaction. Most have no maintaining
    fee, and only charge a small fee for call trading assistance.

2. Online stockbroker's platform are easily accessible online and 

    they are secure. That is why they have to be accredited by both

    SEC and PSE.

3. Online stockbroker's web page are full of information and guides 

    to help you make that buy or trade

4. And lately after the PSE upgraded most have brought back the

   off-hours facility. No more early morning waking up for our stock 

   investors abroad to place their stock trades

Those are the benefits to name a few.

Now as promise I will be posting a series on how to navigate and use the two online stockbrokers I am currently using. I am using Citiseconline and First Metro Securities Brokerage Corp. to know more about these two click on them to go to their website.

Here is a story on how I ended up with these two online stockbroker.

                                     source: www.citiseconline.com
Citiseconline was the first online stockbroker I applied to. I learned about them through Bo Sanchez's book 8 Secrets of the Truly Rich. Long before I have always wanted to enter the stock market. I remember the days when my professor and dean in PSBA-QC would tell us about his masteral class challenging them to buy stock in the Philippine Stock Market and their grade in his class will be based on the performance of their stock investment. It scared me to take an MBA class because back then I really have no idea even how to buy a stock. Is it done just like going to the "sari sari" store asking the "tindera" to sell you stocks? I know it wasn't.

But in the end while working abroad and after mustering my courage to dive in an unknown territory I checked out Citiseconline's website and tried there 15 day or so free pass which I didn't even use because I really have no idea how to do the action in the stock market.  After nearly 6 months I inquired via email and a reply from Jenny Senining gave me hope of opening an account. I planned and I inquired like a little child so afraid to bring and placed my tiny money in to a strange place called "online stockbroker" but finally when I had a chance to get a vacation from my overseas work I made sure it is my first order in my list. Went Tektite to looked for the Citiseconline office and luckily Ms. Senining was there to assist me and that afternoon I funded my account and got may access after a day..that was late November last year.

And then ecstatic that I was I went to my account check this and that and place my first order. After the day nothing happened. After a week nothing happened. After a month still nothing happen. So I asked myself what's wrong with my bid? Then a new thread in the forum where I accustomed to share my ideas and advices opened. It was about stock investing. And from there on my knowledge grew leaps and bounds due to friends who share the same passion for stock investing. My humble thanks to our OFW friend who started that thread, "maraming salamat rich dad ninong :) "
 
I made my first buy on March 2010 and from their on I have been buying, then waiting till it profits around 5-10% net of cost before selling and sometimes when times are good I profit up to 40%

    source: www.firstmetrosec.com.ph

The reason why I opened another online stockbroker account is funds accessibility.

Being the online brokerage arm of Metrobank fund transfer from your Metrobank account to your First Metro Securities account is a breeze through Metrodirect. I am in the process of familiarizing myself about FMSB's online platform and will soon share here my experience in navigating and making the most of their platform.

Also the well known stock analyst Gus Cosio is in FMSB and his blog is linked to their website. With the latest announcement that FMSB can now accept off-hours trading I guess more and more Pinoys can benefit from it. Also to open an account you just need a minimum of Php 5,000.00, of which Php 2,00.00 is for your maintaining  balance for your Metrobank account and the Php 3,000.00  cash is available for stock investment.