My advice to you is to compartmentalize it, but its gonna be tough. You must make a conscious effort of not to think about it. Find a distraction or discipline your mind. Always remember that you are investing for the long-term. From the beginning of the PSE until today, if you had been invested, you would have had an annual growth of 12% even through the Asian Financial Crisis, and the global financial crisis in 2008.
Keep that in mind and stop looking at your portfolio everyday!
Last Friday we saw the PSE plunge from 6,165 to 6,085 at the close.
For the stocks that is on our list, see the table below:
As you can see, I've added the P/E ratio for your guidance. The lower P/E or Price-Earnings Ratio, the better, but this only applies if the company has a steady growth in sales, earnings per share, and has manageable debt.
From the list, we can see that now is a good time to buy MBT (with a P/E ratio of 6.5) and CPG (P/E of 7), but remember…the stocks highlighted in yellow should be the stocks you prioritize when doing your Peso Cost Averaging.
Let's see how this plays out and remember that we are investing for the long-term.
May God bless your investments,
~Crimson
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