World Market have already back on track since the last market crash in May-December 2015. Becoming stable and now Philippines Stock market Bar Chart PSEI is back at 8000.
I entered the market at 7900 in 2015 first quarter. I was enjoying my portfolio as it turns green and daily profit is more than i earn in my daily job as an engineer. Thinking i can eave my job as soon as possible because of the earnings I am seeing in my COL Financial Portfolio,
I selected this companies which i was planning to have a monthly savings and buy stocks every month. As i studied stock cost averaging to eliminate or reduce the risk of volatility.
And then the stock barometer starts to fall each and every day as I see my portfolio going to the negative side. It was frustrating, I cannot sleep well because my hardearned money is starting to diminish in a rate that i cannot tolerate.
I tried to think positively and buy stocks every month as planned. I was still at the learning stage. I didnt brake the rule of averaging even if my stock falls. My mind is set that
" Whenever my stocks falls its a good time to buy because it is cheaper and I will be accumulating my shares"
Here's my screenshot last August 2015
https://goo.gl/photos/ngmtCdnJMHiPv9547
The barometer plunge to 7500. I wanted to get out.. I sold out some of the stocks and transferred to the strong stocks thats already in my portfolio.
I cannot bear that only 1 stock is rising and the rest of my stocks are all negative.
Oh, I forget to mention that I have 2 accounts set up for my 2 daughters educational plan.
This is one of the screenshot on my second account
Its not yet the end of story.. I will continue later and elaborate my experience. As i was still looking for any remains of my screenshots
Now, I was forced to withdraw all y positions in my 2nd account and transferred it to my first account.
In the end, my patience paid off as the stock barometer come back alive this past months.
These are my strongest stocks that i kept.
