Personal Finance Apprentice

My PSE Visit

My PSE Visit. There are some things you just have to experience in person.

My PSE Visit

My PSE Visit.  There are some things you just have to experience in person.

I prefer an online solution most of the time. There aren’t any lines, you don’t have to deal with people that seem like they’d really rather not do their job right, and there’s no “overhead” cost like fares, merienda, (or worse pang-merienda… you know…).

And for us ordinary joes investing in the stock market, online is the way to go. There’s just too many advantages. Plus, it’s not like we could easily get a traditional broker without a lot of capital to start with.

But there are some things you just have to experience in person. It’s like going to a concert; it’s the same song but the experience is much different.

Which brings me to my PSE visit.

Objectively speaking, it was a little boring. It lasted maybe 45 minutes or so. I didn’t learn anything new. I didn’t even get to step on the trading floor (although sometimes you’ll be able to; or so I heard).

But it still felt great. It was like when you were a kid on a field trip to a place you actually wanted to see.

Seeing the ticker in person makes you imagine what it must have been like back in the day there wasn’t any internet. Everyone must have had their eyes glued to that board, scrambling to decipher trends or changes to trends. (And in the early days, it was actually a chalk board and not an electronic board.)

It’s also an exciting feeling being steps away from a reporter just biding her time before breaking some news from PSE (maybe even important news, I imagine; or maybe she was just on standby).

It was also thrilling when one of my companions oversaw some info about a potential backdoor listing. It’s almost like getting insider info. (Well, not really. But still exciting.)

And it’s free too! You just need to schedule it way in advance.

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