18% na yung loss namin sa uitf. Kelangan ko ba i pull out or hintayin ko na lang makabawi? Ang tagal ng bagsak ng mga mutual funds namin.....
I don't agree with cutting your losses (unless you really need the money now). It's not like the PH market won't rebound. Think of all the crashes in the past 2 decades - 1997 financial crisis, 2000 dotcom bubble, 2008 global recession. In all of that, stocks bounced right up in 2-3 years.
I agree with RT, just let it rebound. Remember, stock investing is for the long run. You don't expect the PSEi to still be at 6,000 in 2018 right?
Hard to tell when it will bottom out (anyone who says that they're sure of a particular rock-bottom level is just speculating). But generally, the first half of 2016 will be full of volatility and it'll be a great time to buy as the market moves downwards and sideways. Yes you might miss out on the lowest of lows, but the level right now is low enough that when you buy, you're surely gonna make a profit in the next 5 years once the market rebounds.
Unfortunately I don't have as much excess cash as I did a year ago, so the amounts I buy now aren't as big as before. Hence, I'm not able to fully maximize cost averaging and my stock portfolio is still mostly expensive so I really have a lot of paper losses.
Sent from my iPhone using Tapatalk
Last edited by jut703; January 21st, 2016 at 05:21 PM.
Nothing surprising, my losses are greater than that for some stocks. I came in at the wrong time and my investing circumstances have rendered me unable to take advantage of the low prices of stocks right now.
But there's nothing to get worried about. As long as you bought solid stocks, the rebound will come soon enough.
Sent from my iPhone using Tapatalk
Hindi pa naman need ng pera. Medyo kabado lang. Hehe. Sabi ko nga kay misis paper loss lang yan. Hanggat hindi ka nag pupull out mababawi pa yan. Iwan na lang muna namin ngayon.
The weird feeling na merin kang for interview na nag aaply sa team mo pero sa dating company sya yung senior mo.
Sent via Tapatalk
Drove a total of over 600Km yesterday (north and back)....
Total toll at NLEX, SCTEX, TPLEX is now "equal" to the cost of fuel for this trip...
Whew!
"The measure of a man is what he does with power" LJIOHF!
28.6K _/_/_/_/_/:spam:_/_/_/_/_/
How to stay awake. I woke up at 6 am, 3 hrs earlier than my normal wake up time![]()
Sent from my GT-N7100 using Tapatalk