And we thought the PSEi is going to a correction

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Yes we thought but I guess we are wrong.

The Philippine Stock Exchange Index, the Philippines’s economic barometer, greeted 2013 with a bang. We never imagined to be at 6100 level early this month. Expectations was supposed to be by end of the first quarter but here we go again it keeps on breaking its high records.

PSEi breaking the 6100 level

source: http://www.reuters.com/finance/markets

For my personal investing strategy I still keep a big chunk of cash for the expected correction. No matter what such will come. But in the meantime monitor stocks that are continuously trending up and look for opportunities to make profit by buying on lows and selling highs.


Again as always do your due diligence and trade at your own risk. As my good friend Omeng Tawid qoutes “Aral muna.”

Financial Freedom Advocate About the blogger

Louis Delos Angeles is a Certified Public Accountant, blogger behind Investing in Philippines, and author of Investing in Stocks: Preparing for the future small amount at a time. Check him out in Google+ Learn more about Louis and his financial freedom advocacy here.

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