If the market is on its way to recovery, then I’m pretty excited about the upside, if not yet, then more chances to buy.
Good news. Last week, major banks launched their PERA UITFs, namely that of BPI and BDO. Wanted to let you know of the good news as soon as possible so we can all review, conduct due diligence and consider this investment.
Here are two more investment options for Juan to consider, especially for those with long term, low risk investment O-H-A. Works pretty much like a time deposit but much higher rates.
The Philippines’ most trusted online stockbroker, COL Financial, and the largest Filipino conglomerate, SM Investments Corporation, will be sharing their secrets to investing success in this month’s “SMart Investing – COL’s 2016 Wealth Building Summit for the Filipino Investor.”
A cool economic concept cited is moral hazard. Formally defined as when one party engages in excessive risk taking because another party has agreed and is ready to absorb the impact of such risks.
The chart says 2nd, 4th to 6th, 9th to 14th, 16th to 21st and 25th to 28th seem to be good choices in buying UITF. My previous and ongoing investment, which falls on every 15th, is unfortunately one of the peaks of average prices. I chose 15th due to cash flow considerations and I did not think of doing this exercise in Jan2013. Just now. Hindsight.
This discipline in investing at regular intervals removes the need to time the market (good for newbies and those who don’t have time to monitor the market) as well as removes the emotions in executing every trade (greed during market runs or fear to invest when market goes south).
At market price of 11.60 per share, the Php0.45 dividend is already a 3.88% return (not yet net of tax). So what? Well this is among the biggest dividends I’ve received percent wise. The usual I get is 1% to 2% of stock price.