The Philippine stock market has been falling lately. Experts say because of the interest rates, trade wars of China and USA. But nobody really knows why and up to what degree. I can only think for what a company is doing. The dividends I received which is documented on this site will be reinvested to companies that is the most deserving to receive it. Meaning, cheap, undervalued etc.
It is very tempting to just use that cash and enjoy life once in a while doesn't it? But this time is a rare time, where the stock prices are such a bargain. Maybe sometime in the future when we receive a dividend and stock prices are high, then we can enjoy a bit. But for now, we tighten that pants and reinvest the money so we keep that compounding machine running.
No comments:
Post a Comment