Financial Wanders | Wandering New Track: My First Step Towards Financial Freedom

"A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life" ~Suze Orman

Life's journey is full of twist and turns. There's no such thing as straight line to happiness and/or success. At times, it seems so twisted it looks like we'll never make it. But this doesn't mean we should quit. Oh, WE MUST NOT!

credit to the owner

For around three quarters of my life, I've been working. It's been so long that nowadays, I feel like quitting. Sadly, I can't. Not yet! I still need this 8-hour day job to go on living. But don't get me wrong, I'm not complaining. I'm merely stating facts. And this post isn't about work anyway, this is all about the new track I'm taking, the road to financial freedom. :)

Last year, we got a new boss in the office who introduced us to stock investing. (Oh by the way, we're an IT company; it's just that this new boss is into stock investing and told us about it.) I got so curious that since then, I started reading a lot about stocks and investments. After reading a lot and finding out that it should be the money working for me instead of me working for the money, I tried applying and opening an account with COL Financial, a registered online broker. Last February, I downloaded COL's registration forms and diligently filled-up everything. Because I have no time personally submitting the forms, I sent it via courier. Yey! I've done the first step, I'm on my way to financial freedom. Or so I thought!

Unfortunately, after waiting for more than a week, I got a reply (via email) from of one of their customer relations officer informing me that I've submitted incomplete documents. She's asking me to fill up the forms again without telling me what's missing. I got disappointed that instead of going through all their forms again, I went to BDO the following weekend and open an account with them. After getting my ATM card and registering for an online account, I applied for BDO Nomura (also an online broker affiliated with BDO) account via BDO Nomura website. No forms, no couriers, all online! After two days, I got an email telling me that my application is approved. I waited for another day or two and got another email, this time from PSE Tradex giving me my temporary trading PIN. I then logged in to my Nomura account, nominate a permanent trading PIN, fund my account and started trading and investing. That easy! No sweat, isn't it? Yes, first step done!

I'm into stocks trading and investment for a month now. I gained some, lose some. I'm still learning the ropes, the ins and outs of stock market but I know in time, I'll get the financial freedom I'm dreaming of, little by little, one step at a time. I know there will be lots of twists and turns but I also know that if I work hard for it, I'll be rewarded, if not soon, then later. When that time comes, I'll be making money work for me and not the other way around. What about you? Are you heading your way towards that financial freedom?

~ oo00oo ~

For those interested in opening an online trading account with Nomura, check out this link: 5-minute 5-step to opening BDO Nomura account. For more info and review of other online brokers, check this out: A Review of Online Stockbrokers (COL, First MetroSec, BDO Nomura, Philstocks, MakeTrade and BPI Trade) in the Philippines. If you still have more questions, I'd be happy to answer them and help you go through it, just post your queries below. I can only help you with opening and setting up a BDO Nomura account though, I ain't no stock guru. I, myself, is a noob! :) 

PS: This is a story of my personal experiences, this isn't a sponsored post.

Happy Sunday everyone, God bless!