Skip to main content

Why I'm Glad I Didn't Pull Out My ATRAM Global Technology Feeder Fund Just Yet

I do have the nasty habit of checking my portfolio on a daily basis. It's sort of me choosing between buying more units of participation or is it the time to sell here? When I mean time to tell, it's not about panic-selling but selling it because I want some cash. Last year, I wrote about why I'm also investing in ATRAM's Global Technology Feeder Fund. I've noticed that the NAVPU has increased and it may reach up to PHP 270.00 or even up to PHP 300.00. I'm still invested in the ATRAM Global Consumer Trends Feeder Fund and the Philippine Equity Smart Index Fund. It's sort of like not putting all my eggs into one basket. Also, I'd like to say I finally paid my five-year plan with AXA Chinese Tycoon Fund.

I did plan to pull out my ATRAM Global Technology Feeder Fund ASAP. It was because I was planning to buy myself a UPS because of the voltage fluctuations. I bought the UPS because I have big dreams for this site. Big dreams in the sense that I'll be able to raise awareness for the need for economic liberalization and literacy. I noticed the money I invested had a 10% to 15% increase. I wanted to pull it out. The moment I checked out on the investment--the ceiling price had increased. 


It's a good thing that I didn't think of stocks as a "get rich quick fast scheme". Many stock market horror stories happen because of people who think like that (read here). Instead of investing long-term, many of them prefer to ride on day trading hype. I even tried a day-trading simulator only to realize I could've lost USD 10,000.00 in real life (read here). As Warren Edward Buffett would say, the stock market is a device for patient investors, not impatient ones. I admit patience isn't really one of my strongest points, especially in a country of people who like to procrastinate. It's safe to assume most people who lost money in stocks participated in day trading hoping to make a quick buck. Others also invested the money they needed than the money they didn't need for the moment. Either way, stock market investing is something that needs extra patience.

Right now, I feel that the sales of new technology might make me earn more. In my case, I think the longest I'll hold my three ATRAM funds is five years. I feel that the value may go up any time soon. It pays off not to listen to social media gossipers. 

Labels:

Popular posts from this blog

Venezuela's Pride and Protectionism

The Telegraph Venezuela is an oil-rich country yet it's a very poor country. Somebody could go ahead and give every unthinkable reason such as "foreign investments caused it" (a blatant lie) and "It's because America had economic sanctions in Venezuela". Yet, the answer can be found in several causes such as corruption. Yet, China and Vietnam, which can be seen to still have a good amount of corruption, are far more successful. The answer also lies in one policy--economic protectionism . The very idea that a country that first world countries used "protectionism" to succeed is a lie as proven by Venezuela's ongoing crisis. A common-sense examination of one root cause of Venezuela's continuing crisis Forbes magazine mentions this in "What Do Investors Need To Understand About Venezuela's Economic Crisis?" by Nathaniel Parish Flannery on December 21, 2016: Venezuela is far and away the worst-managed economy in the Americas . Ad...
Read more

Venezuela as a Cautionary Tale on #SahodItaasPresyoIbaba, Nationalistic Pride, Welfare State Economics

The Sunday Guardian Years ago, I wrote about Venezuela's pride and protectionism , under a more "formal" style of writing compared to my latest posts. I decided to use an even "less formal" and "less academic" tone since I'm not writing a term paper. Instead, it's like how a professor and a student discuss the thesis using first person over third person, using contractions, etc., while the thesis doesn't use such tones. Back on track, I thought about the arrest of Venezuelan President Maduro can spark debate. Was it a violation of sovereignty? I'm no expert on international law. However, Venezuelans can be seen celebrating Maduro's arrest. Right now, I'm using Gemini AI and Google search to help me find some sources for this blog. It's because I don't want my blog to become another gossip central, but a place to discuss facts with my own personal opinions (making sure they don't  derail the facts).  I used Venezuela ...
Read more

Davide vs. Mahathir: Which Lolo Should Filipinos Take Economic Advice From?

The real issue isn't that something is old or new. Instead, if something old or new still works, or doesn't work! Many modern laws are built on some ancient principles, while adjusting to the current times!  The Constitution of Japan is actually older than the 1987 Constitution of the Philippines. However, it's more effective for the reasons that (1) their constitution is silent when it comes to regulating economic activities (ex., protectionist measures), and (2) it's a parliamentary system. Honestly, it's a pretty straightforward constitution compared to ours! As Mahatir Mohamad turned 100 today, I would like to raise up Atty. Hilario G. Davide Jr. once again. The problem isn't Davide's age but his unwillingness to embrace change when needed (read here ). This time, it's time to bring up a contrast between wise old people and unwise old people. A young person can be right where the old person is wrong. A young person can be wiser because he or she lea...
Read more

Filipino Manufacturing's Golden Age ENDED Because of the Filipino First Policy

Here's a picture from the Dose of Disbelief Page on Facebook. Here's something that it wrote: Filipinos once trusted locally made products more than imports. Before World War II, the label "Made in the Philippines" carried prestige, not stigma, reflecting a strong sense of national confidence in domestic production. Local products such as shoes, cigars, textiles, furniture, and food were often preferred over imports. This preference was rooted in the belief that local goods were better adapted to local conditions, tastes, and were often of comparable, if not superior, quality. This period showcases a strong historical era of consumer nationalism and thriving local industries. We need to look into the context of Filipino history  If we look at the Philippine history timeline , we must account for 1935-1940, during which the Philippines was under the Commonwealth government. Independence was declared from Spain on June 12, 1898. However, there was a transition period w...
Read more

Confusing Foreign Direct Investment for Foreign Imperialism for the Bajillionth Time

I guess those fools of the Philippine Anti-Fascist League (and many of its deluded supporters) either refuse to get it or are blatantly lying. Almost every rally held by what many believe are CPP-NPA legal fronts also confuses foreign investors for foreign invasion or even foreign imperialism . Once again, do I need to say that 100% FDI ownership is all about the shares and not land ownership ? What makes it even more hypocritical is that they are actually recording these things on imported media . They're sharing their anti-FDI rants using imported devices, imported platforms, and imported social media (read here ). When I do ask them on Facebook, they say how can they take them seriously and that they're "simply forced to participate in capitalism". Did anybody (especially those they call "evil capitalists") force them to buy the expensive Apple equipment when they could've settled for Xiaomi or Huawei?  A simple research on the dictionary will tell us...
Read more