How to Compute Charges When Trading Stocks

In a previous blog, I have mentioned about charges whenever we buy or sell stocks.

Yes, whenever you do so, you are helping the Philippine Government by paying taxes.

With the TRAIN Law, the taxes are higher.

Sometimes you thought that you have gained from the stocks you bought only to find out that you actually did not and abonado ka pa!

That's because of the broker’s commission, VAT on broker’s commission, PSE Transaction Fee and Stock Transaction tax that you had to pay.

If you can, do keep a worksheet handy in order to compute fast how much you're gaining (or losing) when you sell your shares.

Take a look at the video below to see how you these computations are made.

Now that you know how to compute charges, factor this expense in so you can trade profitably in stocks.