Good News! The PSEi is Going Lower, Stocks are on Sale!

A lot of you are probably wondering why I seem to be happy that the PSEi continues to go lower.  Well, I am actually ecstatic that the PSEi has gone down to the 7,500 level from highs of 8,000.  Why am I ecstatic? Because it’s in these times that stocks are on sale, it’s a great opportunity to buy stocks of good companies at low prices.

We just continue our strategy of buying excellent companies regularly and with a fixed amount.  In the long run our investment and patience will pay off.  Again, this strategy is not a get rich quick scheme, it will take years for our strategy to be effective.

Time to take advantage of this sale, truly exciting times ahead.

To your enlightened investing!

 

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