Ask Geri: Should I Sell a Losing Stock to Buy Another Stock?

Posted 3 CommentsPosted in Stock Market 101, Stocks, Ask Geri, Technical Analysis, Charting, Personal Finance, Truly Rich Club

We should not fall in love with any stock, and we should be able to sell the slow ones (with no attachments) as soon as we find better alternatives.

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When to Sell Your Stocks? (Part 3)

Posted 2 CommentsPosted in Investments, Stock Market 101, Financial Literacy, Stocks, Personal Finance

If it’s negative news then people tend to sell on news. Trick here is to be fast because before you know it, the price has already plunged to irrational levels only to recover in the next few days as the market digests the actual impact of negative news. Selling during the plunge itself may force you to sell at very low prices which you might regret tomorrow.

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Cemex Philippines IPO

Posted 2 CommentsPosted in Investments, Stock Market 101, Financial Literacy, Stocks, Personal Finance, IPO

I tried subscribing again for Cemex (PSE: CHP) via online broker, as I completely ignored the previous one, Villar’s Golden Haven (PSE: HVN). Was not expecting get allocations on CHP, so I was actually surprised that my whole subscription bid was fulfilled. I was actually expecting a raffle due to oversubscription, but no. Which worries me.

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Better than Time Deposit: SMC Series 2 Preferred Shares 6% Per Annum

Posted 1 CommentPosted in Investments, Stock Market 101, Financial Literacy, Stocks, Personal Finance

At above quoted rates, this definitely beats your time deposit returns. Not risk free though, risk is if SMC files for bankruptcy, preferred shareholders are not the first in line post-liquidation of assets. Lenders will definitely be first, then preferred shareholders, followed by common shareholders.

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