Thursday, December 26, 2013

All my stocks are RED

An excerpt from the Stock Update of Truly Rich Club of Bo Sanchez.

Bo answers questions that will calm us stock market investors in these bear market.

                         The Philippine stock market experiences a bear market.

What will happen if the stock market crashes?
    Then it is the perfect time for long term investors to celebrate. because the real secret to huge gains in the market is when we buy at cheap prices. The Philippine stocks has already experienced it when The Philippine stock market crashes in 2008.


Can I borrow money to invest in the stock market?
   Its a big No.no.NO.
   Put around 10 - 20% of your income regularly in the stock market.
   Just imagine if we borrowed money, and plunked it in a stock that didn't budge for two years? - Paying the interest would be very painful.

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