I am excited.
The bull run is back. It's time to make money again if you know how. This is about investing in stocks. But I invest in stocks indirectly. No more playing stocks directly. I'm done with it. Will let the fund managers take care of my investments. They know better. Anyway, holding period is only 6 months. If it gains after 6 months, I have the prerogative to redeem it in full or just the profits or just park the funds and accummulate some more. But the problem is mutual fund investing is not like that. Sure, there's the bearing on the length of time. Time is of the essence in investing. The earlier you invest, the better because historically, the prices are still low and a couple of years from now, the prices would have gone up. That's the beauty of long-term investments. You appreciate your investments over time because you see dramatic yields or gains.
Lately, the Philippine stock market has hit record levels. It has breached the 4000 index and stock analysts and fund managers are one in saying that the bull run will be sustained in the next 3 years. Well, God willing. This is the time to make money. This is the time to invest. This is the time to have faith.
It's like this. When money is pouring in, the market becomes active which in turn will benefit the company's growth. Which leads to more jobs. Really good for the economy.
So if you don't know anything about investing. Try mutual fund investing. I know a good fund manager. Philam Asset Management, Inc. (PAMI). And I park my funds at the equity-laden fund, Philam Strategic Growth Fund, Inc.
Thank God for the bull run. It's back!
