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
good day!
ReplyDeleteask lang ko giunsa na pagcompute ang BBP & TP or diin na gkan nga mga figure?
thanks
If COL imo gigamit as your online broker, you can see these values in their investment research. If not,TP can be derived by getting the free cash flow of a business then using that in your Discounted Cash Flow Calculation. You can also use Dividend Discount Model, or the Relative Valuation Method.
DeleteBBP is usually set 15% below TP to lock in a 15% profit. You can choose to increase that amount. BBP = TP/1.15