10 Lessons we can learn from Habagat crisis in the Philippines that we can apply to stock investment/trading

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I heard finally the sun came out today; we hope it stays that way until the water subsides.

source: http://www.theatlantic.com

What happened is an eye opener. We already went through Ondoy and we all remember the horrible memories that for some still haunts. I did my share to help even though I am not in the Philippines especially in Metro Manila by donating and feeding words to encourage our countrymen to stay brave, to be a hero, and to be aware.

I gathered some lessons that we learn from this event. We should always remember the experiences we go through and learn from it.

Lesson 1    Be ready

Often times the reason why lots of people die or perish is that they are not ready for such event. Yes it could be a calamity or an unexpected catastrophe but readiness is always a necessary element. In the military or even in rescue operations, personnel or soldiers do the drill several times to all kinds of possible situation so in case such happens they already know what to do. No more long time thinking and deciding because such is already done long before. Also "ready" means having all the needed tools and supply in case of emergency. These essentials are stored in easily accessible place so that no time is wasted looking for them.

Same with our stock investing. Ready means that you are able to make decisions and able to have the capital or the means to place a buy or sell in case there is an unexpected price surge or an sudden opportunity to buy more. It is advisable to leave at least 10% of your portfolio as cash for ready funds in case an opportunity comes.

So far which is your top online stock broker in the Philippines

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I have slowed down a bit in writing new blog post. I have been reading forums, Facebook Group discussions, and other social media that talks about stocks specially those traded in the Philippine Stock Exchange. 

source: http://www.bloomberg.com

One surprise today is the hype with TDY(Tanduay Holdings Inc.) due to the 50% increase in market price brought about by the news that the Lucio Tan companies will be under one holding company which is TDY.

source: http://askthemoneycoach.com

It is so nice to see and read how young Pinoys from all background are now interested in the stock market. And one of the frequent question thrown at me is about which online stock broker is the best in terms of service or execution, research, and accessibility.  I tried searching a list that would rate the current online stock trading companies in the Philippines but none came. One search result is about global online stock brokers which rates Etrade and TD Ameritrade as the best. These two online stock brokers covers not only the US stock market but also other areas of the world including Hong Kong and Singapore stocks.

As for me I use two and these are COL Financial(formerly Citiseconline.com) and First Metro Securities Brokerage Corporation. I have been sharing these two including the latest upgrades done to their stock trading sites.

So far I consider these two the best site for stock trading or investing depending to which side you belong. The merits of these two top online stock trading companies has been mentioned or discuss in other blog post.  This time I want to hear from you guys.

This is your challenge.

To those who recently joined the stock trading bandwagon I would like to see your opinions by leaving comment which stock broker you use and why do you consider their site as the best stock trading site.

Your participation is a must, share your thoughts and answers to my challenge and lets expand the knowledge.