52 Week Stocks Investing Challenge

Still looking for an easy New Year resolution for yourself? How about for your family, special someone, even for future plan? Or maybe you’ve done the all famous 52 week challenge last year? Well, how about you try a revised 52 week investing challenge?

Instead of just saving all that money while inflation eats up a chunk of your saving, we do a revised 52 week challenge where we incorporate some form of investment and call it, 52 Week Stocks Investing Challenge.

What do we need?

1. Money (duh??!)
2. Stock Trading Account
3. Your favorite Stock (wonder why its singular?)

How does this work?

Just like the usual 52 week saving challenge, we save a pre-determined amount of money per week. On every forth week, we buy a stock. Easy or what?

Let’s say we start with 50 pesos on week 1. Second week, we add another 50 pesos and save 100 pesos. Following the same concept, our third week is 150 pesos and fourth week is 200 pesos. At the end of fourth week, we buy a stock; JFC for example.

Week 5 to week 7, we save our money then on week 8, we buy the JFC again. So on and so forth until the end of the year. What’s good about this is, you can continue using the same strategy year after year until your fund goes to the moon.

One of the most factor to consider here is, we buy the same stock we bought from the start of the challenge. If you decided to buy JFC, then please for the love of god, stick with JFC. If you want ALI, then ALI all the way. For 52 weeks. Wag makulet!

What if due to board lot, your fourth week balance is insufficient? Simply defer, save more and buy on your 8th week. Still not enough? Wait on your 12th week.

Feeling courageous this year? Have a second stock! Just be mindful though, if you’re planning to take on this challenge on another stock, make sure to do the whole challenge. You’re investing on a single stock.

How is this different from the usual 52 week ipon challenge?

Another point, imagine, you’re staring at your banga, piggy bank or atm on your 4th or 8th month and saw a good sum of money. Then Lazada or SM had their 3 day sale. What are the odds of you “borrowing” from your fund and buy that shiny red Lacoste bag?

You can minimize this problem by diverting the fund from your convenient storage to stocks. Sure, you can sell your holding, withdraw your funds and wait for 3 business days. I’m quite sure, before you can even withdraw your balance, your logical conscience talked you out of it already. Unless its an emergency, that’s a different story already.

If 52 week ipon challenge and peso cost averaging had a baby, its the 52 weeks investing challenge. This is a take on the usual saving strategy and adding an investment element to the story.

Don’t have a trading account but wanted to start stocks investing? I wrote a detailed article some time ago showing you how to start your stocks investment here. If you’re looking for a stock broker, you can also visit the whole list here.

So that’s it guys, for those planning to take on this challenge, comment down below and let’s compare port at the end of this year!

Best of luck!!!