Shaun T. Dy's Business & Economics Perspective Blog

123RF The bear market is far from over, right? I wouldn't be surprised if some people are now blaming incumbent Philippine President Ferdinand Romualdez Marcos Jr. for the stock market condition. Some people even blamed former Philippine President Rodrigo Roa Duterte. Maybe, some people felt that the late Benigno Simeon Cojuangco Aquino III was to credit for the stock market going up in the first 100 days-- something I find ridiculous. The bear market is in and it's no surprise that social media gossipers are spreading, well, gossip, on Facebook . That's why I wrote about how social media gossipers are poor economists (read here ) and terrible financial advisers (read here ). Sadly, some social media gossipers are even highly educated people . So, we're still in the bear market and it's far from over .  Here's the latest report for today to think about... The latest update has it that the PSEi has closed with a score of 6,209.53 where it went down by 53.86 point

Knowing your investment is very important. I made the mistake of putting some money into the funds to test my skills. It figures out that I really needed to know how it'd work. Now, I decided to invest in the Global Consumer Trends Feeder Fund. Here's some data from April 2022 to May 2022 to see where that minimum of PHP 1,000.00 gets spent on.  April 2022 May 2022 Why would I want to invest in foreign consumer stocks? Here's how Investopedia describes consumer stocks:  The term consumer staples refers to a set of essential products used by consumers . This category includes things like foods and beverages, household goods, and hygiene products as well as alcohol and tobacco. These goods are those products that people are unable—or unwilling—to cut out of their budgets regardless of their financial situation. Consumer staples are considered to be non-cyclical, meaning that they are always in demand, year-round, no matter how well the economy is—or is not—performing . As suc

I was thinking about what to write next. Right now, after reaching the minimum that I intended to invest for the Philippine Equity Smart Index Fund--I decided to do an update on the ATRAM Global Technology Feeder Fund. This is part of the feeder funds that I'm starting to invest in right now to broaden my investment spectrum (read here ). A bit of the report from April 2022 and May 2022 would be as follows: April 2022 May 2022 The figures for April 2022 and May 2022 show the companies where the money gets invested during two months as well as the regional exposures. I guess most of the regional exposure is based in the USA for this reason--the funds are American-based. Yet, it has slowly diversified by adding into other countries. For example, Samsung Electronics is from South Korea . Although not listed, having a 4.6% exposure to the People's Republic of China means that there's the possibility that the feeder fund may have picked Xiaomi Inc. but it's not in the top te

  Business World Online I was looking at Facebook comments some time ago when the stock market opened red . This caused me to write about why I'd listen to investor Warren Buffett over social media naysayers . One thing I noticed (but never wanted to speak of immediately ) is how people buy stocks during the high and sell them during a crash . It's pretty much contrary to what Buffett advises to buy during a dip that happened for some time. I've been checking the stock market performance (because I've got index funds ) to see what my next move would be. It's because the GInvest system, unlike the AXA Chinese Tycoon Fund, allows me to be flexible to insert a certain amount within the minimum. A person may invest PHP 1,000.00 during regular days and invest PHP 2,000.00 or more during a dip. Right now, some of the GInvest products are at a high, making me think, "If I invest for another year then I should do cost averaging instead!" Instead, from Bankrate , y

If there was one thing the COVID-19 pandemic did--I was practically forced to learn how to invest beyond showing up in person. I still prefer showing up in person to invest or to process transactions for more transparency. Given the conditions, it would be sometimes better to do some things online . I decided to get GCash (to pay restaurants that have deliveries but not through Grab and Foodpanda) and found GInvest. Previous features made it hard to count the number of units. I placed a few pesos to test my skill. I had to watch videos on how to invest effectively. Granted, it's my first time in so long to invest excess savings--I had made mistakes. Now, I decided to start buying a little more index funds and feeder funds. I decided to diversify my basket with two equity feeder funds from GInvest namely the Global Consumer Trends Feeder Fund and Global Technology Feeder Fund.  The  Peso Lab - Money Guide for Filipinos  explains the feeder fund (which is also a Unit Investment Trust

Well, it looks like the Philippines is hitting a bear market, right? It would be good to start buying some depreciated stocks with money that I don't need for now. As always, it means that I shouldn't put all my savings into stocks and keep a good amount for daily use, and for any bills I have which include my AXA Chinese Tycoon Fund. What I'm focusing with the Chinese Tycoon Fund is long-term. Now, it's time to put a certain amount of money in feeder funds to. Once again, I suggest doing it slowly until it becomes a habit. It's like starting with small things then they will become bigger things.  The Peso Lab - Money Guide for Filipinos explains the feeder fund (which is also a Unit Investment Trust Fund or UITF) in this way: What is the purpose of feeder fund?   There are ways to purchase securities. People can buy stocks from the stock market and retail treasury bonds from the government. They can also go to banks, trust companies, and mutual fund companies. Ther