The property, mining and oil sector have been all the rage this week. As the rumor of aggressive expanding of real estate businesses in the Philippines and the hype around the Mining and Oil industry for potential partnership with foreign companies spread across the trading community. I for one, don't want to invest (for now) with stocks that are hot in the traders eyes. I prefer to be on the look out for sleeping giants.
If there's a gold rush, not only does the people who mine for gold got rich, but also the ones selling the shovels.
We will look for more opportunities once the tension and hype settles down.
Freedom Fund fund was up today for +0.35% compared to the index +1.01%. I'm all excited to get my money from my job so I can reinvest. Its a very great time to invest right now as we broke into a new high in 5 months.
Year to date:
Annual Cash Flow: P107,870.33
Freedom Fund 7.38% vs PSE Index 7.51%
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