The Philippine stock market is one of the oldest stock markets in Asia. Established in 1927, it has been in continuous service.
What does it say about us?
It means our country had an active stock exchange even when other countries in Asia were just starting to boom.
However, it has been cited that only less than one half of 1% of the total population of the Philippines invests in the stock market. Wow, that is very few!
Very few compared to our neighbor countries. Singapore has roughly 33% of their population participate in their stock market, Malaysia, 18% and Hong Kong 17%.
If only less than half of one percent participates in the stock exchange, that would also reflect how our country and economy is booming…SLOWLY.
How come only less than 1% of Filipinos are actively participating and investing in the stock market?
One of the main reasons are: lack of knowledge, fear of risks, lack of money and lack of initiative to teach people how to invest.
Filipinos always think that if they put their money in the stock market, it could be gone in an instant. In short, they freak out instantly.
They would start to think of what they could lose instead of what they could earn.
So if you are one of the less than one half of one percent of Filipinos who are INVESTORS now, I am sure you are proud.
Perhaps you learned to save and invest 20% of your income. You do not lack financial knowledge anymore, you have a decent job or you have business, you may not have multi millions for now but you know you will get there soon.
I encourage you now to have the initiative to spread your knowledge so our fellow Filipinos will learn how to invest. They could not only make money; they could also contribute in making our economy wealthier than ever.
Do not only invest money, invest and share your knowledge to other people who need it, too. Believe me, the return is quite amazing.