Still have a long way to go before we burn the P1,000,000. I'm doing this slowly so I can spread the money evenly to all the stocks that I want to buy. And also to even out the price. I deposited P50,000 and bought PLDT.
In picking stocks, I tend to pick the boring companies that do well but nobody wants them. For example, a business that makes cements. Not exciting, but its simple and any idiot can run it. That's why these types of companies last for more than a hundred years. That's the kind of long term aspect that you should look for in a stock.
Approximate Dividend Income Per Year as of today: P16,588
This is including the foreign stocks that I own.
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