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!