It's Official: Philippine Stock Exchange Breached the 5000 level

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Finally the long awaited 5000 level is here.

Revisiting my first post: Is it a good time to invest now?

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source: http://www.stockginger.com

It is worth reading an old post. 

Back then the situation is pretty much similar that is we are in the middle of a financial crisis. (Click here to read my very first post. Please leave your comments on how different is today's crisis from the last). My question was "Why invest?"

Now this is my question: Is it a good time to invest now?

Yup the stock market had a roller coaster ride. The Philippine Stock Market reached its highest two or three times before it succumb to its current level due to US debt crisis. You might wonder why am I asking if it is the right time to invest. Well as I recall again there is no right time to invest because "now" is the right time to invest. But it is so scary out there don't you think. The DOW dive nearly 600 points down then recovered back then went down again, it is so risky and still why do I say it is a good time to invest now.

source: http://www.bloomberg.com/apps/quote?ticker=INDU:IND

Now probably you have to ask me direct, Louis why is it a good time to invest now?

Here are my reasons:

1. Stock prices of blue chips companies went down therefore you

    are getting them at a bargain.

2. The current financial crisis is of the US not of the world yet. So it

   may have affected other markets but surely it is temporary as it

   has always been. So take advantage of the time.

3. Stocks of true value will come out in such situations. Those who

   are really just mere stocks will fall but those who truly deliver 

   profitability amidst crisis will stand out.

4. If you already have stocks it is a good time for you to average

    down big time. 

So what is your move now? Probably you might say you'll think about it. And that is good as well. In stock investing you always have the final word. No one can tell you what to do but only you as an investor have to push that buy button or if you prefer to sell then sell button.

source: http://iamamentallychallengedteen.blogspot.com

So is it really a good time to invest now? Would appreciate sharing your thoughts by leaving comments below.

Some lessons learn during this Philippine Election

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You might wonder why I am writing about the recent 2010 Philippine Election in a blog about stock investing. If you haven't done so check PSE's website for today's(May 13, 2010) uptrend performance here.

If you haven't noticed the Philippine Stock Exchange performance last Tuesday right after the peaceful election, the PSE rose 4% on that day and mind you it is the only bourse or stock market that posted positive in the Asian market. So what is the lesson to be learn here?

One must be aware of the trend. Trend is something that any stock broker or trader should know. Any news either global or local can affect the Philippine Stock Market. For the past two weeks most market were sluggish due to the Greece debt crisis and the Goldman Sach's issue. The PSE as well went with it but this week nearly all market was down except for the Philippines due to the positive results of the 2010 election. I guess investor confidence on Noynoy is good. The stock market was rallying and has posted positive for the 3 days. Even CNBC's Worldwide Exchange TV show  had a interview of a stock analyst from the Philippines saying Noynoys lead has attracted investors due to the confidence they had with him.

Trend means the forecasted eventuality. Thus upon having the election result most stocks went beyond stock analyst target price. So always look for the trend and analyze it carefully. The trend might be tricky sometimes does one has to read and compare so that wise investing decisions can be made.