Philippine Stock Market is down and if you are new in investing, you might be worried right now. Please don’t worry too much kasi eto ay panandalian lamang and it is expected to go down since the stock market hits it’s all time high of 8127. This always the trend of the stock market.
Bakit nga ba bumagsak bigla ang stock market?
Nag-profit taking kasi ang mga local at foreign investors, kumita na sila eh. Foreign investors loves the Philippine Stock Market because Philippines is rising star of the east.
Why PinoyAndMoney.com is celebrating even if the stock market is down and my portfolio is red?
My big reason is – I can buy cheap stocks again like CEB (Cebu Pacific), currently the price of CEB is 81.65. That means I can buy 100 more shares with my P10,000 budget, Yahoo!
Kung bago ka pa lang at kabibili mo noon mataas ang stock market, that’s ok because you can buy cheaper stocks! This is the time to buy more.
Where did I learn this kind of mindset?
Warren Buffet summarise your mindset in one quote:
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”