*** Philippine stock picks thread ***

[unmarked]

Diversification isn't the problem bro, no doubt your portfolio is well-diversified. In fact, maybe too diversified. General rule of thumb is to keep 5-8 stocks of varying industries. For example, any particular reason why you hold BDO, Metrobank, and Unionbank? You can keep it to 1-2 companies per industry, depending on what industries you want your portfolio to be heavily invested in.

Index funds are a kind of UITF/MF. Unlike other mutual funds which are actively managed (i.e. a fund manager tries to beat the market by making his own decisions on what to buy, when to buy, and in what percentages), index funds simply follow the PSEi. It follows the PSEi in terms of the number of stocks and the percentage allocation for each stock.

I'm a fan of index funds because even if they're boring, they're pretty reliable in the long run. The PSEi is growing year on year as we are Asia's bright star. While some actively managed funds can beat the index in the short run (3-5 years), very few (if any) have beaten the market in a 10-20 year timeframe.

If you're not too aggressive with your investment goals, an index fund will give you a nice and comfortable ride which leaves you with more time to focus on work or business.

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thanks bro for the advice, I was looking to sell some of my positions para mas maliit ung portfolio ko but to my surprise sila pa yung strong ngayon. Now debating if I should take small profits or soldier on with those. mabuti nalang meron din ako index funds + Exchange traded fund that tracks the index na rin. Its true what you said, talagang maganda ang outlook for the economy so hopefully makikiride lang ang pera naten sa PSEi. I also have bond funds, but that's another story.

[uls]

7900 na



#walasapresidenteyan

[zoomzoom]

7900 na



#walasapresidenteyan

Sabi ng mga dutertards dahil sa poon nila yan. Fentanyl pa more.


PSEi could zoom past 9, on Duterte’s economic tack | Inquirer Business

PSEi could zoom past 9,000 on Duterte’s economic tack

THE LOCAL stock barometer could breach the 9,000 mark next year on upbeat corporate earnings prospects backed by “transformational” reforms laid out by the Duterte administration to rebalance the Metro Manila-centric economy, the head of BPI Securities said.

Take note last year pa yan article na yan.

[Lew_Alcindor]

Sabi ng mga dutertards dahil sa poon nila yan. Fentanyl pa more.

PSEi could zoom past 9,��� on Duterte’s economic tack | Inquirer Business

PSEi could zoom past 9,000 on Duterte’s economic tack

Take note last year pa yan article na yan.

Cge na nga dahil kay noynoy.

[uls]

it's easy to spin the news in both directions

when you're anti-du30, you can always blame him when stocks fall

when you're pro-du30, you can always credit him when stocks rise

bullsh*t and bullsh*t

THIS IS WHY PSEI IS UP

inflow of foreign funds



explain ko kung ano yan

those are bets on MSCI's emerging market index futures (in case may hindi nakakaalam, ang Pinas po ay emerging market)

above zero are long positions (betting the index is going up)

below zero are short positions (betting the index is going down)

as you can see a lot of money flowed into emerging market futures

funds are net long

damay ang Pinas dyan

[hinlog]

Thanks sa observation nyo about my portfolio. I think masyado ako na excite as a novice investor kaya lumobo ng ganyan ung picks ko. However I still think diversified pa rin naman since meron akong bank, construction, retail, holding, real estate and power. Dont put all your eggs in one basket ika nga.

Re: index funds, mejo confused ako dito sa terminology na to. Is this a catch-all term for Mutual, ETFs and UITFs? Is that what you mean mga boss? meron din ako MFs, meron din ako ETF, ung FMETF (see my stock picks) w/c I think is the one and only ETF in the country. Yun yung pang retirement ko naman.

Thinking of getting PGOLD or RRHI, I believe what the analysts are saying lalakas pa ang buying power ng bansa (lower taxes etc), thus benefiting Retail industry. Thoughts?

IMHO, you have too many stocks/companies to monitor plus gain presumably is limited unless you are investing at least 100k each else posible maliit din ang total returns mo kahit panalo ang stocks pick mo. On the flipside, baka better pa if you subscribe to equity fund of uitf, mf, or vl. Goodluck.

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[badkuk]

Regarding taxes : while they plan to lower the income taxes for the least compensated in PH society, do note that they are planning to tax diesel and sugar -- up to 2-3 pesos/liter and 5 pesos/kilo respectively. Good for the pockets of the trapos este the government, bad for spending power. On the other hand some people are saying our stock market is rising because of the tax plan....pick your (pied) piper i suppose 😀

[hinlog]

Sabi nga nila, madaming lumalabas na expert pag bullish ang stock market.😎

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[uls]

on increasing taxes whether it's good or bad for the economy

negative spin: taking away consumers' disposable income is bad for the economy

positive spin: increased gov't spending is good for the economy

so depende kung pro or anti du30 ka

meron ka argument

[Walter]

THIS IS WHY PSEI IS UP

inflow of foreign funds

Pro-DU30 will say it's because of his leadership ...

Anti-DU30 will say it's the result of the previous administration's efforts ... and it's just temporary ...