by Aurelio Pena
NOW’S the best time to “invest” in the Philippine stock market. We’re at the beginning of a long bull market that could last as long as five years— that is, if nothing earth-shaking happens in the global markets. If you want your savings or retirement fund to grow rapidly and make maybe, a million or two in the next 24 months, now’s the best time to do it. Don’t wait to buy till market prices get too high when you should be selling.
To make your savings or funds grow faster and bigger, you need to buy at the right time—and sell at the right time. When we use the word “invest”, what we really mean is to “trade” because investing gives us the impression that you just buy stocks and sit on them as prices go up so high and down so low—with you doing nothing to take your big profits or avoid losses when prices drop so low.
This means you need to hire someone to do the stock trading for you under a contract that both protects your money and allows a small share of the profits as compensation for your “fund manager” who will manage your funds and savings for a duration of say, two years or three years.
To find out if this is all worth it, try to compute how much your funds or savings will earn sitting in a bank for a year. If a bank gives you a savings interest of say 6% a year, you’ll get only 1.5% a quarter or three months. If you bought PNB shares of stock in early July and sold it in early September this year, you’ll earn about 60% in profits on your savings or funds.
So if your savings fund is P100,000, it will easily grow to P160,000 in only three (3) months in the stock market—while a bank will give you an measly interest of 1.5% or P1,500 covering the same period.
This is NOT bulls–t talk. Look at the stock price of Philippine National Bank in early July and the price in early September. It went up from 33 pesos a share to 53 pesos a share.
It’s happening NOW. It’s still happening with PNB and other bank stocks like Banco de Oro, Metrobank, RCBC. I’ve been tracking their stock prices since January this year and watching their prices rise and surge like runaway horses.
This is proof that its smarter to BUY the stocks of these banks today instead of depositing your money in them and getting a “tip” for only a measly 1.5% bank interest.
If you’re a small businessman getting good earnings from the products or services you’re selling, chances are you want to find a way to maximize the growth of your savings and funds generated from your business. This is a great opportunity you’ll be missing if you still carry ”negative thoughts” about the stock market.
We know all those “horror stories” about the stock market and how people lost millions in the market. After reviewing such stories, we found out that it all boils down to this : Ignorance and Stupidity. Yup, we found out they were complete IDIOTS who just rushed into the stock market with so much money and knowing absolutely nothing how the market BEHAVES.
So, if you know nothing, don’t do it—it can be very risky.. But if you really want to take advantage of this new bullish market to make your funds grow, get to know someone (cell 09084699301) who does stock trading fulltime. Who knows? It might be worth it. Visit this website at : www.pinoy777.wordpress.com
