See times like this more as an opportunity than a curse. More importantly, stick to your long-term goals and not be easily swayed by temporary market mood swings like this.
Sabi nga ng isang forumer,
At last! After a long wait, our Stocks finally went down.
I’m so happy.
It’s soooooo nice to see some of my SAM Stocks go “Red”!
Whenever you see that red number beside your Stocks, that’s YOUR signal to KEEP putting small amounts of money into these same Stocks.
Why are our favorite Stocks going down? Because we have an “overbought” market. This is common. This always happens. And this is temporary. The people who are selling now are doing so because of various reasons: (1) They’re traders—they bought some weeks ago when the prices were low and want to make a quick buck; (2) Or they’re long-term investors who are panicking. Crazy.
TRC Members, you know better! We don’t panic. And we’re not after a quick buck. We’re after the slow but sure bonanza!
By the way, the Philippine Stock Market isn’t the only one that’s down. The world markets are down. The Japanese Stock Market is down too—by 10%.
When people are panicking, that’s the time to buy our SAM Stocks.
Stay the course. Remain faithful to our strategy. Invest each month your small amounts of money into the Stocks we recommend—and in a few years,those small amounts will become big amounts.
So wag nang sad.
Have fun investing (and fun lang po)!
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