rbcamo Apr/ 16/ 2018 | 0
Where to get greedy in StockmarketPh?
Instead of running with fear , great investors welcome market corrections as opportunities to buy on the cheap. Real talk, Philippine economy is in a much better and more stable place.
Moreover, decline of PSEi today is an indicative that market is obviously beaten by sell on news correction. From its recent high, it almost corrected 13 % to date.The question now is, is it possible that this might even revisit the 16% and 20% negative territory as per FIB?
According to Buffet’s piece, ” You don’t get rich buying into a high market or selling into a falling market. You can get rich though, buying into market corrections and beaten-down markets”.
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