GCash, the Country’s leading ewallet provider in the Philippines, has opened up more avenues for you aside from GSave as one of the portfolios. GCash GInvest makes it easy for you. Gone are the days where you need to find a financial advisor, or stock stock trader or specialist, everything is already in the GCash Marketplace.
How to start your GCash GInvest journey
Download the GCash app, follow the KYC by providing 1 government ID and go through the KYC (Know Your Customer) process, which is a BSP requirement. It will only take a few minutes. Once done, be sure to be fully verified!
When your GCash account is fully verified, you can start using all the products and services of GCash. You have to fill-in some questionnaires so your online advisor will be able to identify what your needs are.
In this case, i applied for the GCash Invest on Thursday morning, and i was able to get the welcome response in the evening. Though on a normal route, it will be 3 to 5 days to process. But i was amazed! In just one day, i am ready to invest! Check out the image above. That’s what you see when your account is already ready to invest!
In the checklist, the GCash app will ask you about your plans of investment, is it short, mid and long term and what type of stakes in the investment you are willing to go for. With GCash GInvest, you will be able to invest for local stocks for P50 and P2,000 for foreign accounts.
Everthing is done in the app
30 years ago, if you wanted to invest, you need to select which investment you want to go for, set a meeting and meet the investor agent. Now, its all in the app. Which means GCash gives you all the convenience, ease and security anywhere, anytime you wish to invest. You don’t need to meetup with an investor agent.
The KYC and checklist will kick-off the process of the process. One thing more, you can easily invest from local, to foreign, which means you don’t need a very large investment to be part of big companies like Google, Apple, etc.
When is the right time to invest
The right time to invest is NOW. You also need to have that investment mindset that you invest what you save, and like forgetting you put in some money for a long time. The Philippine Stocks show positive index which means that the economy is rising and that companies are starting to open for investments.
With the recent event of GCash with Heart Evangelista, being a GCash user and spender, she shares her journey how she earns and spends for her trips. She uses GCash to gain financial progress.
Heart Evangelista also premiered a new digital platform, GStocks, which is AB Capital Securities, Inc’s online retail securities trading services made accessible through the GCash app; it lets users grow their money by investing in stocks with just 3 simple steps.
To find more interesting insights about investments, check out this article feature “Unleashing the Power of Philippine Stock Market with GCash GStocks Ph” in Teknogadyet and “Why Buy & Sell stocks on GCash Ph” by Techpatrol and “A Guide to GStocks Ph on GCash: Unlocking the Philippine Stock Market” by Adobotech..
Stay tuned here on Elifestylemanila and learn more from GCash, the No.1 Super App.
