How to Invest in Stocks in the Philippines

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Invest in stocks in the Philippines by instructing a stockbroker to buy Filipino stocks, researching what to buy and determining how safe the country is at the time of the purchase. Be aware of weakening currency that may affect stock investments in the Philippines with information from a financial consultant in this free video on investments.

Part of the Video Series: Investment Tips & Financial Planning
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Video Transcript

Have you made the decision to invest in Filipino companies? Hi this is Roger Groh at Groh Asset Management. In the old days, you use to have to open up an account in the Philippines and then fund that account at a bank or a stock brokerage firm and then from that you can buy and sell whatever it is that you wanted which was appropriate on the Filipino exchanges. Nowadays you don't have to do that. Nowadays from any country, anywhere, you can instruct your stockbroker to buy Filipino stocks for you. The Philippines are a large country with many public companies in different sectors. Whether it's telecommunications or software or food or banks or financial services firms or real estate, they have a multitude of stocks that you can choose from. One of the ways that you can begin to research what to buy is to online to the Filipino Stock Exchange and look at the various companies and different industry groups and go back and do your homework on each industry and company to figure out which one is best for you. Like anywhere else, if you're a foreigner and you're investing in any other country, then there are two other components to the investing process that you need to be concerned with. First is the political history of the country that you're putting your money into, is it safe from a politics point of view? And second is the currency history of the country where you're investing in, meaning yes, the price of the stock might move up but if their currency weakens at a faster rate then that, you lose money. So I hope that helps, the Philippines is a wonderful place to have investments, but be careful because like any other stock, they can rapidly move up or down. Hope that helps, I'm Roger Groh with Groh Asset and thank you very much for spending time with me.


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