Tuesday, September 21, 2010

Update on Philippine Investments (stocks and mutual funds)

Guys ,what stocks should we buy?

If you don’t have the time to monitor the stock market day to day, it is better to buy a mutual fund like First Metro funds, Philequity Fund, equity or balanced funds. Even professionals and experts can’t predict which stock will move on any given period. It is advisable to get exposure and invest by buying a basket of stocks.

In a bull market, most stocks will go up. There is also buying-spread among sectors or industries. But what I recommend is to buy-hold stocks with good fundamentals. These are the stocks that will attract the inflows of foreign funds. Get exposed to different sectors of the market. A clear example would be what happened last Friday when the mining sector started to

catch up while the property and banking sectors paused.

Happy investing!

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1 comment:

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