The Philippine stock market has gone red again!
Below shows the closing prices of the top 20 active stocks of the Philippine Stock Exchange as of closing of May 16 2012.
You can just see how even some giants slide down with more than 5% drop!
That is just too much a disaster in one day!
But with situations like this, we can see now two kinds of people participating in our stock market.
First is the one who are panicking now (possibly even crying) given this disappointing Philippine stock market performance. If you’re in this group of investors, then just take this as a learning experience. You can always get back those money with these new investing lessons guiding you.
The second group are those investors smiling now after seeing their target stocks going down to their entry points.
This may be the time they’ve been patiently waiting for.
Probably they’ll wait even more to check whether it’s time to enter again.
They see this more as an opportunity rather than a curse.
They see this more as an opportunity rather than a curse.
So which one are you?
 |
| Photo credit |
Have fun (I know that’s quite difficult now) investing!
PS: Days like this mark the importance of a reserve cash for all investors.
What’s reserve cash? Watch out for a blog entry on that.
In the meantime, enjoy shopping!
