sunking Posted March 4, 2007 Share Posted March 4, 2007 Consolidation. Time to take a breather. Hard to jump in right now, since the dips aren't that solid. Still possible, but I ended up holding on to my cash. Still keep my BDO balanced in. Maybe with a relatively strong support dip, I'll realize my profit from April last year, top up and go back in. Quote Link to comment
anarkista Posted March 5, 2007 Share Posted March 5, 2007 Prices now are the same as of 5 weeks ago. Makes me a bit nervous. But honestly, I still am seeing good signs in the big picture. I mean, the economy is relatively well... I want to buy some more equity shares. You think this is advisable? I mean, I don't think I would be needing this cash for the next few months anyway. I can probably let it stay till end of the year. Or even later. Quote Link to comment
Dr_PepPeR Posted March 6, 2007 Author Share Posted March 6, 2007 Correction and consolidation phase. Inevitable really. Again, if you have the stomach for it, snap up the blue chips while they are low. Jez mah 'pinion folks. Quote Link to comment
scooby91 Posted March 6, 2007 Share Posted March 6, 2007 Correction and consolidation phase. Inevitable really. Again, if you have the stomach for it, snap up the blue chips while they are low. Jez mah 'pinion folks. Dr._P, thanks for sound advice... pls permit me to inquire further... if fundamentals are still on the "+" side, is okay to buy into some specualtive issues.. ie.e mining stocks? any particular industry that performs better during election season? Para hindi OT, better ba to switch from bond/balanced funds to equity funds this time of year? Quote Link to comment
Dr_PepPeR Posted March 12, 2007 Author Share Posted March 12, 2007 Dr._P, thanks for sound advice... pls permit me to inquire further... if fundamentals are still on the "+" side, is okay to buy into some specualtive issues.. ie.e mining stocks? any particular industry that performs better during election season? Para hindi OT, better ba to switch from bond/balanced funds to equity funds this time of year? In general, since fundamentals of most corporates are as you said on the plus side, it would be better to get stocks of companies that show good fundamentals but may be undervalued at the moment. Mining stocks are not necessarily speculative since the big mining companies are showing healthy net incomes so far. I don't recall any industry that thrives during election season since this is a relative short period anyway. You can still switch to equity/balanced funds at this point since the expectation is that companies and the economy will do well till the end of the year. Quote Link to comment
golfer697 Posted March 12, 2007 Share Posted March 12, 2007 The equity funds are sooo scary nowadays!!! Very wild swings!!! My uitf placed 30 days ago lost a lot and just broke even today...I hope! The fundamentals are still good though, so they say. But with a 33% chance of a recession in the USA, one of our major trading partners, won't equity funds be too risky? A recession cycle will usually last for 4 years! Scary!! Is it worth the risk or should we pull out??? Quote Link to comment
tonyp Posted March 12, 2007 Share Posted March 12, 2007 The equity funds are sooo scary nowadays!!! Very wild swings!!! My uitf placed 30 days ago lost a lot and just broke even today...I hope! The fundamentals are still good though, so they say. But with a 33% chance of a recession in the USA, one of our major trading partners, won't equity funds be too risky? A recession cycle will usually last for 4 years! Scary!! Is it worth the risk or should we pull out??? It depends on where you placed the funds. Mine had a NAV of 122.53 on Feb. 12 and as of Mar. 12 is now 123.17 or an increment of 0.64. If you annualize this, the rate is 6.27%. Still better than time deposit. With stocks, stick to blue chips. Last week was a good time to get in. Quote Link to comment
tacamonchi Posted March 13, 2007 Share Posted March 13, 2007 tonyp- My PBCom uitf annualized is 4.82% as of yesterday. Can you tell me what bank gives you 6.27%- is it BPI Premium? staying away from the equity markets this whole year- at this point, the risks of loss outweighs the possibility of gains. but if you had money for long term investmen and you still have faith in our stock markett, of course, buy blue chips. Quote Link to comment
Guest lene Posted March 13, 2007 Share Posted March 13, 2007 (edited) Correction and consolidation phase. Inevitable really. Again, if you have the stomach for it, snap up the blue chips while they are low. Jez mah 'pinion folks. right again, dr. pepper. its really inevitable for corrections , the market has been moving way too fast . and i think people should " snap up " your opinions since they are better than any blue chip stock in the market :cool: Edited March 13, 2007 by lene Quote Link to comment
tonyp Posted March 13, 2007 Share Posted March 13, 2007 tonyp- My PBCom uitf annualized is 4.82% as of yesterday. Can you tell me what bank gives you 6.27%- is it BPI Premium? staying away from the equity markets this whole year- at this point, the risks of loss outweighs the possibility of gains. but if you had money for long term investmen and you still have faith in our stock markett, of course, buy blue chips. BPI Premium. Regards. Quote Link to comment
qrv777 Posted March 14, 2007 Share Posted March 14, 2007 fixed income changed relative low yesterday.. Pa down trend ata ngayon. Quote Link to comment
Dr_PepPeR Posted March 15, 2007 Author Share Posted March 15, 2007 fixed income changed relative low yesterday.. Pa down trend ata ngayon. Yesterday the market went crazy, Wall Street and Nikkei among others going down, affecting even the fixed income UITFs. The perils of globalization I think. Quote Link to comment
tacamonchi Posted March 15, 2007 Share Posted March 15, 2007 My UITF officer called me yesterday to inform me that my phili. bond based UITF had gone down to 4.47% (and it was 4.82%) two days ago. Will stick it out and not contribute to panic selling but at the end of this month- may bail out. Quote Link to comment
golfer697 Posted March 15, 2007 Share Posted March 15, 2007 It depends on where you placed the funds. Mine had a NAV of 122.53 on Feb. 12 and as of Mar. 12 is now 123.17 or an increment of 0.64. If you annualize this, the rate is 6.27%. Still better than time deposit. With stocks, stick to blue chips. Last week was a good time to get in. My fixed income dollars & pesos still doing around 10% but my equity is negative 27%!!! That was as of yesterday!!! Today's navpus still not available! Bloomberg said philippine bonds slumped, worlds biggest mover!! My ROPs still doing okay. Hope they were not affected! I'd get out of uitfs if there were better alternatives cause I am seeking a return of at least 15% per annum. Anything less will be eaten up by inflation leaving you almost nothing. Quote Link to comment
qrv777 Posted March 15, 2007 Share Posted March 15, 2007 i'll see what happen next week.. i might bail out my peso investment... the dollar's are holding... Quote Link to comment
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