The Philippine Stock Exchange Index went a little passed the 7,200 level in this morning’s session. This could be attributed to the global rally ahead of the Japan and US central bank meetings.
The PSEi went to as low as 6,681 back in February 15 this year. Again, it pays to have patience and discipline in this kind of market volatility.
By strictly following the peso cost averaging strategy, paying regular amounts and regular intervals, the market volatility is lowered and in the long term, investors will reap the rewards of the system.
To get started in stock market investing and to get real time stock alerts, join the TrulyRichClub of Brother Bo Sanchez. You can click here to enroll.