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FNX

[11] REVERED III
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Posts posted by FNX

  1. thanks sa advice sa san miguel Purefoods.. growing fear that interest rates would go up.. tama po caution sa property sector.. HOW ABOUT AGI sir?? alliance global?

     

    I would generally advice caution for ALL stocks and sectors (not only property) since there is a real risk of losing money engaging in stocks anywhere. 

     

    - Seems like we're not gonna follow the other countries in the region and keep our rates steady. Think BSP is leaning on getting more growth in vs. fighting inflation at this point. So while we cant expect rates to remain this low forever, we have room to move rates in 2011. I'm personally not too worried about the interest rate going too high this year (unless we get a dose of shocks to our imports).

     

    - I'd be more selective about property stocks as some seem expensive now. Havent really gone through AGI as a company so I cant comment much but AGI's very active these days with all the moves and news their making. Do note though that AGI has a significant interest in property with more than 40% of their income (last I remember) coming from it and they continue to pour money into it, just like the Sy's, Ty's, Ayala's, etc. 

     

     

     

  2. Pls. forgive me in advance if my question would seem to be stupid:

     

    If investment advisers earn their living by giving sound advice to investors, and we are supposed to trust their judgment, as they are expert in this particular field, why the heck do they still "work" by dispensing sound advice?

     

    Some like the work so they keep giving advice even though they've already made it.

     

    Some don't have the balls to follow their own recommendation (putting their money where their mouth is)

     

    I always try to rely on my own research to supplement advice. 

     

     

     

     

    For rooster: bro, you have the exact ruling from the BIR on that? 

     

     

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