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Metro Manila (CNN Philippines, January 14) — United States President Joe Biden will send a Presidential Trade and Investment Mission to Manila on March 11-12, the White House announced on Saturday, Philippine time.
MANILA, Philippines — United States Commerce Secretary Gina Raimondo will visit the Philippines on March 11-12 as part of President Joseph Biden’s trade and investment mission to Manila.
MANILA, Philippines — The Department of Foreign Affairs (DFA) is still waiting for information on how several Filipino crewmembers of an oil tanker were allegedly taken hostage by the Iran regime in Oman.
NEW YORK, United States — Oil prices climbed Friday after US and UK forces launched strikes against Iran-backed Huthi rebels, while global stocks were mixed following the kickoff of corporate earnings season.
CEBU, Philippines — President Marcos will visit Germany in March, months before the 70th anniversary of diplomatic relations between the Philippines and Germany.
Metro Manila (CNN Philippines, January 11) — Mabalacat City Mayor Crisostomo Garbo on Wednesday abruptly walked into an illegal drug trade while doing the rounds to visit bedridden residents in the area.
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills. The PSE is a tough market, and the past few years have been even tougher still. So tough that even pro traders like CTS Global [CTS 0.74, down 1.3%; 18% avgVol] have faced significant losses and have just parked huge chunks of cash in government bonds to wait out this “low interest” market. What gets lost in the big eyes phase of entering the market is the importance of playing defense. The goal, of course, is to build wealth over time through investing, but you don’t build wealth by just sniping a few random stocks and hoping for the best. Make no mistake: it is HARD to pick stocks that will go up, and it’s even harder to time your entrance and exit of those stocks to make a decent return, especially with some of the ridiculous spreads that we get here with non-index stocks on the PSE. My advice is not sexy or fun: slow down. Read some of the free content out there to help you understand your goals, time horizon, and risk appetite. There’s a great FAQ on the subreddit /r/phinvest that can help new investors take these first steps. I know some people who use the market like a savings device, and who just mechanically put a fixed chunk of money into their trading account each month and immediately put that into the PSE’s only ETF, First Metro Philippine Equity Exchange Traded Fund [FMETF 103.60, down 1.3%]. I know others who have a long-term view and dip cash consistently into a small basket of stocks that they think will do well over that period. There are lots of strategies, but the key here is to have some sense (even if it’s vague) of what you’re doing and why you’re doing it before you throw a huge percentage of your discretionary income at some random conglomerate with name recognition.
