The usual dip of the market while we approach Christmas Season is happening. The market as indicated by PSE Index tumbles down to 4000 from 4400 as of today due to profit taking. Most probable cause is to have Christmas Spending Money.
Prior to that, many are so happy to see their investments climb up the ceiling way above the expectations. The "day traders" out number the "stocks investors". Those of us who are still trying to learn the "right way" are instructed not to look at the trends. Those who chose to go and do it without a coach or guidance invest also and are happy with the results.
Now, that the market has reversed directions going downwards, we receive many calls, asking, what is happening, and what do they have to do with their stocks. Do they sell or stay?
The answer is obvious. Continue to invest regardless of the trend. Check your goals and align your stocks investments actions based on your goals. Do not panic, it is expected to climb again and go beyond the 5000 (PSE Index) points level.
God bless!
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