Stock market in the Philippines
By sammy14
@sammy14 (834)
Philippines
August 17, 2011 4:32am CST
It's good to be back here! It feels good.. I left for a while because I engaged in a more encouraging and more money making venture... that is the stock market... here in the Philippines the return on investment is good... you don't have to be a millionaire in order to play stock market...There are good stocks which are still considered as fire sale which if you play it right will earn you some money.. But I missed writing that's why I am here..How about you guys what have you been doing lately..
1 person likes this
3 responses
@paula27661 (15811)
• Australia
18 Aug 11
I’ve been venturing into eBay lately. Not just buying but selling and I have made a few dollars which always helps! I’ve been buying cheap but good books and selling them. I hope to open a store in the future. A friend of mine has been dabbling in the stock market and has done well so good luck to you. It’s nice to see you back!
@sammy14 (834)
• Philippines
18 Aug 11
Thanks Paula... I also would like to sell items on ebay but I do not know how to do it.. We have great items to sell here in the Philippines especially items that are made by IPs which is costly if you buy it in the malls or stores.. but I can sell it at a lower price discounting middlemen...
@walking2010 (1009)
• United States
18 Aug 11
Well welcome back and hope all is well and you are making good money.
@greenpeas (998)
• Philippines
17 Aug 11
Sad to say that now is not the right time to invest in stocks, even in PSE, for most because of the credit downgrade in USA and more bad news in European economies unless you know what you are doing and you can afford to potentially lose a lot in trading. But I guess you know what you are doing so you are betting correctly which will certainly give you a lot of profit.
In my case I have sold almost all my non-mining stocks. The mining stocks are soaring right now, so I have earned back what I lost because of the bad economic news.
@sammy14 (834)
• Philippines
18 Aug 11
Thanks greenpeas... I guess you have been in the stock market for several years now.. and I beleive that you have been raking in money if not a millionaire by now even if you just started last year because all stocks after the recession were all on fire sale and by now more than 50% increase in price from the time you bought Am I right.. Blow out.. can you give me some tips about your stocks...
Well, the US problem and the euro are risks to the market but the Phil. economy is good so the market is still good if you play it right and not too greedy.. you know what I mean...
