The Philippine Stock Exhange (PSE) and online broker CitisecOnline.com have released a basic guide on how to invest in the Philippine stock market. This is good reading especially for those planning to join the stock market.
More OFW families are now saving and investing
Now, here’s one more good news.
According to the Bangko Sentral ng Pilipinas (Central Bank of the Philippines), almost half of the families of Overseas Filipino Workers (OFW) are now saving and investing part of the remittances they are receiving.
Free Tour of the Philippine Stock Exchange (PSE)
Just before the Holy Week holiday, we went to the Tektite Tower in Ortigas to have a tour of the Philippine Stock Exchange (PSE).
It surely was exciting to actually visit one of the country’s stock trading floors but, at the same time, disappointing because we did not see a lot of “action.”
Window Dressing to push stock prices up?
Today, December 28, is the last trading day of the Philippine Stock Exchange (PSE). On Monday and Tuesday next week, the markets are closed for New Year celebrations, and the first trading day in 2008 is on Wednesday, January 2.
Is the market set to close higher today because portfolio managers and traders might try to “window dress” their portfolios in time for year-end 2007?
A bit likely. In a previous article, we explained that Window Dressing is a strategy employed by fund managers wherein they try to make their portfolio look as attractive as possible before presenting it to clients or stockholders.
In the days leading up to the end of the quarter or the year, fund managers would purchase recent winners while selling old holdings at a loss, in an attempt to show that they own the best-performing stocks of the period.
What’s the difference: Bonds vs. Stocks vs. Pooled Funds?
If you’re wondering what the differences are among various investment options such as Stocks, Bonds, and Pooled Funds, here’s a short and easy primer for you.
If you want a more detailed discussion of these investment products, head over to our article on Time deposits, stocks, bonds, mutual funds, real estate: Where to invest my money?.
