Investing in the Philippine Stock Market
Do you believe in luck and chance especially in financial success? When our only son was born in 1993, our life changed dramatically. My husband and I believed that our son was our lucky charm which brought us good fortune and lots of happiness. In fact, among all the kids, Luijoe had the grandest Baptismal celebration and even birthday parties. Our family was indeed blessed. We could not ask for more. When we dabbled in stock trading, I had no knowledge on how the financial markets worked. My husband got a hold of Initial Public Offering (IPO) of large companies in the early 90’s. The booming stock market and rising price indexes drove me to sell when it was high. It was bullish period in the stock market trading.
And how did I determine the time to sell?
I rubbed Luijoe’s hair like one would rub Aladdin’s magical lamp and I’d whisper to Luijoe ” do you think mama should sell?”
If Luijoe smiled to his right that meant “yes” and the opposite is “No”. What a silly way to sell?