We all know it takes money to make more money. That is what investment is. But that is not all needed in an investment. Aside from the knowledge and time you need to invest, you also need an ample amount of courage to continue in spite of the bumpy road of the stock market.
Our strategy here is very simple, we buy using our own monthly budget as long as the price of the stock didn’t hit the BBP or Buy-Below-Price. You have the money, but do you have the courage to buy more when you see your portfolio full of red amounts?
I have been through that so many times already. But when my fear tries to ruin my strategy, I get reminded of this:
How amazing it is when an Instagram quote change your vibe. 🙂 But that quote is true and I’ve proven it myself when I get scared to start something up but I continued anyway and the result was amazing. I guess I should share about that on another place because I am sharing here about MER and how to get 4K effortlessly buying 20 shares every month.
How to Earn 4K with 20 Shares of MER Every Month
MER (Manila Electric Company) is the biggest power provider in the Philippines and it is very feasible to invest with – for flipping when its price is fair enough. Taking advantage of its fair price, buying 20 shares every month definitely meet my budget of 5000 for every company I choose following the Fantastic 5 stocks.
Investing 20 shares of MER following Magic 10 stock picks here gave me a profit of 4,398 after 8 months when it reached its Target Price. That is around 13.97% gain from the total money I paid for it. It took a while because the stock market was slowly going up the past few months.
Because the companies under Magic 10 stocks are also known to reward dividends I got some generous cash reward from MER when they issued dividends on March. That already replaced the fees deducted by my broker on my MER stocks investment.
4K may not be so big for many but hey it’s only one company. You should be happy you gain profit already and you should congratulate yourself for following your strategy and for being so patient. In all honesty, you shouldn’t be all about the money. You should be more into learning and sharing because then, more blessings will come along.
The purpose of this post I shared here is this lesson: investing slowly really works provided you choose the right and well-established companies. You can earn more than 4K on some companies, too.