Thursday, June 27, 2013
SWITCH Alert for MPI and MWC
Guys, if you are holding MPI or MWC, switch it to another stock from our list due to uncertainty in the water business caused by policies from government regulators.
Monday, June 24, 2013
Stock Update as of June 24, 2013
The situation we are in right now is scary and I don't blame you when you see the value of your investments and money shrink away. The day started with PSE at the 6,150 level, only to drop all the way to 5,950 levels.
Take a deep breath and calm your mind.
Will the PSE go up anytime soon?
No...we are now in the downward trend.
Should I sell and cut my losses? It depends on what stocks you have. If you hold FPH and SMPH, cut loss on these 2 stocks now. Otherwise, if you followed the list I have been publishing, then you will be alright if you just hold. But, if you wish to cut-loss, that is okay.
I entered investing with a time frame of 20 years from now. Which means I will be 50 by the time I plan to use the funds in my portfolio...
that's a long time from now.
Either way, here the journey for maybe some of you ends. Will this drop scare you from investing in stocks forever? Or do you see this as a buying opportunity?
Ask yourself that. If you wish to continue, then we will see each other again as I will keep on giving out stock updates.
If not, then may God bless you in all your endeavors for this is where we will part.
I know it may seem useless now, but I'll write anyway.
If you hold FPH and SMPH, cut loss these stocks. As for MPI and MWC, the government is stepping in to regulate water utilities. Since MPI partly owns Maynilad (a water supply company) their profits might also be affected, so if you plan to continue investing, HOLD from buying these stocks.
The Stock Market is likely to continue going down. My advice would be to buy slowly, if not hold your cash until the market reaches bottom.
Caveat and may God bless your investments.
~Crimson
Take a deep breath and calm your mind.
Will the PSE go up anytime soon?
No...we are now in the downward trend.
Should I sell and cut my losses? It depends on what stocks you have. If you hold FPH and SMPH, cut loss on these 2 stocks now. Otherwise, if you followed the list I have been publishing, then you will be alright if you just hold. But, if you wish to cut-loss, that is okay.
I entered investing with a time frame of 20 years from now. Which means I will be 50 by the time I plan to use the funds in my portfolio...
that's a long time from now.
Either way, here the journey for maybe some of you ends. Will this drop scare you from investing in stocks forever? Or do you see this as a buying opportunity?
Ask yourself that. If you wish to continue, then we will see each other again as I will keep on giving out stock updates.
If not, then may God bless you in all your endeavors for this is where we will part.
I know it may seem useless now, but I'll write anyway.
If you hold FPH and SMPH, cut loss these stocks. As for MPI and MWC, the government is stepping in to regulate water utilities. Since MPI partly owns Maynilad (a water supply company) their profits might also be affected, so if you plan to continue investing, HOLD from buying these stocks.
The Stock Market is likely to continue going down. My advice would be to buy slowly, if not hold your cash until the market reaches bottom.
Caveat and may God bless your investments.
~Crimson
HOLD Alert for MPI and MWC
If you have MWC and MPI shares, HOLD from buying. I will be posting a stock update tonight as to why.
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