Yes I know.
The market has quite been depressing lately mostly due to external forces that is beyond and out of our control. I haven't really seen yet how the elections in Greece went which most believe will have a tremendous effect in this weeks stock performance.
The winners as of this moment are those who still have loads of funds to buy at bargain prices and those who are accumulating stocks of blue chips companies. This would be a very sweet time for those who just entered into the stock investing bandwagon. As for us who got stuck well keep still and wait patiently.
That is the greatest weapon we have now, that is the patience to hold on to our precious stocks. There is a reason why you bought and hold on to those stocks. I know you have well research the company you bought with all the analysis available. That is why you should always remember our very important rule, TRADE AT YOUR OWN RISK.
If you have just pick up a stock because your friend's friend heard it somewhere that such stock is a good buy then I guess you have not been doing your homework. Advices are just advices and it all depends on you.
But don't lose hope. If you bought blue chips then you need not worry they will soon come around.... it is just a matter of when. If you invested in speculative stocks then you must time the market very very well and when you can recover as much and as fast who knows the next rebound of PSEi will be at 6000 level.
If it is unfortunate that you put all your savings and even your emergency funds in the stock market then pray hard that miracles do happen. We have been telling you the stock investing should not be look at as gambling or else you'll get burn.
Hey smile and be a billionaire.