I believe this healthy faithful mindset about money and about riches is crucial if we are to pursue the road to financial freedom. Not just because we want to, not just because we have to, not just because we can, but because we are made to, we are meant to. Because our God wants us to.
PSE: FNI is now at 2.77 which is the 23.6% retracement from Nov2016 highs and 2.33 lows / support. Can the stock break the resistance this time with a slower pace (almost 1 month) compared to previous attempts which were faster and steeper? Or will it be another failed attempt? Other indicators such as stochastics, MACD and RSI are still supportive of a further run.
With momentum, PSE: SSP easily breached the 50% and 61.8% retracements. It closed last week at 2.95, slightly above the 78.6% retracement, which is also the area of resistance in early 2015. Volume has once again picked up similar to IPO levels. Will the momentum be sustained this week?
Look within you, ask yourself what you have to offer, find a way to monetize it, create a value proposition, offer it to the world.
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.
Learn all about EXCHANGE TRADED FUNDS ( ETFs) through our free webinar on December 09, Friday, 3:30-5:00PM (PHL time). Register here
For those who were not able to attend the webinar, you can still learn more about stock market investing and Truly Rich Club by clicking this link.
I will just briefly enumerate here the 16 benefits (what Bo calls as Blessings) of being a TRC member, but really it’s hard to describe the blessings in very few words. And oh, before that, let me tell you some secrets:
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.
Whatever your motivation may be, all we know is that every Juan should invest, and every Juan can invest. Now here is the S.M.A.R.T way to invest: