Tuesday 4 June 2013

Stocks are Down! Hooray!

I logged in to our COL Financial account and lo and behold, stocks are down!

For the past few weeks Philippine Stock Exchange index (PSEi) has hovered around the 7,000 figure, but since yesterday it has slipped back to 6,600+ mark. This is exciting!

Stocks are down!

You might be asking why am I happy and excited to boot? I should be sad seeing some stocks in our portfolio are in negative, right? I am happy because a lot of stocks are on sale. This means I can buy stocks from very solid, blue chip companies at cheaper price. We are investing on the stock market for the long haul. We are not traders.

I don't know what caused the PSEi to slip down. I still have to read up on it. From my source stocks will remain on sale (down) for the next 3 weeks so better take advantage and buy more of your favorite stocks. If you are not yet investing on the stock market and would want to learn how to, click here to invest directly by opening a COL Financial account.

Okay why am I into investing now? There's only one word why; Motherhood. Don't laugh. I will explain more in my next post.

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