Nothing much is happening in the Philippine Stock Market. With all the political turmoil and news, you're bound to break the bull run. And it did happen...
I don't feel anxious or scared that I still have position in the market. I'm quite happy, actually, because I can buy lower priced share. The challenge now is to know at what price is the stock a bargain.
Visiting the pse.com.ph website, I still see the companies such as SM, JFC and a lot of indexed companies adding more shares to shower their managers with money. I still see no point in this and I will still stay away from this company as far as I am concerned. I will be picky with the stocks I chose from now on. If I can't find a valuable stock in the Philippine market, there is still the US stock market available to me.
How are your stocks going?
Hi,
ReplyDeleteI've read The Richest Man in Babylon, it's very enlightening. I'll try to get another book from your reommended books, trying my best to learn more about stock investment. Thanks for sharing.
I currently have mbt MBT, TEl and BDO. I feel I'm stucked with bdo for a while now. I just leave these stocks there and continue with the cost averaging strategy although I still have a lot to learn. I'm using COL financial by way.
I'm now based in Singapore. I was thinking, is it possible for me to buy a coca-cola share through COL? Thanks
Regards,
Cat
Hi Cat,
ReplyDeleteI'm afraid, you can't buy international stocks with COL. I think they only offer local stocks. But you're now in Singapore so I'm guessing, stock brokers there are more advanced and will offer international stocks.
One of my colleagues advised me to open an account with http://www.utrade.com.sg/index.jsp. Naisip ko tsaka na lang, still have to learn a lot anyway. Thanks for sharing.
ReplyDeleteThat's good thinking!
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