A P30,000 credit card debt that ballooned to almost P1 million because of interest charges?
7 Facts about the PSE You Probably Didn’t Know
At present, the Philippine Stock Exchange (PSE) has trading floors both in Ayala, Makati and in Ortigas, Pasig City. This is about to change soon.
But first, more info about these two stock exchange locations. The Makati trading floor is located at the PSE Plaza inside Ayala Tower One building. It is where Presidents of the Philippines visit to ring the trading bell and is also the location of some segments of ABS-CBN News Channel’s (ANC) morning show Mornings @ ANC.
How much money needed to begin investing in stocks?
What is the minimum amount needed to begin investing in the stock market?
This surely is one of the most common questions newbie investors would like to know.
The short answer: the minimum amount needed is dependent on the PSE Board Lot, which determines the smallest number of shares one can buy or sell.
Continue reading to understand this in more detail.
If I buy stocks during EX-DATE, will I receive dividends?
Here’s one common question from first-time stock investors who have heard about dividends to be distributed by a certain company:
If I buy stocks during the announced EX-DATE, am I eligible to receive dividends from the company?
How to Compute Cash Dividends and Stock Dividends
In our free tutorial and guide on How to Invest in the Philippine Stock Market, we learned that dividends distributed by companies may be in the form of stock dividends or cash dividends.
Maximum P30 dormancy fee for dormant bank accounts
The Bangko Sentral ng Pilipinas (BSP) has reminded banks and non-stock savings and loan associations (NSSLA) to abide by the rules on the charging of dormancy fees.
Do I need to pay Tax on Cash Dividends in the Philippines?
Are we required to pay tax on the cash dividend income received from our stock investments?
Taxes and Fees when Buying Property in the Philippines
When buying and selling real estate properties in the Philippines, the final purchase price is not and should not only be the relevant amount.
Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect the total transaction price.