When do you think is the best time to go back to PSE?

Question

Do you recommend now to go on bottom fishing or wait for two months more? I kinow that it's hard to predict that but my objective is for long term investment (5 to 10 years horizon)? What do you think? Any company that you recommend?

Answer 1

Look at the bigger picture. You have access to the internet everywhere--Why trade a stock market that's too thin and easily manipulated, when you can open an online trading account and trade NASDAQ, NYSE or the Forex market?

I have been trading online since 2003 and never had any problems with sending and receiving money, and managing my account. I used credit cards to fund my account, but these days, I mostly use paypal to add and withdraw funds from my account. The cost is minimal compared to what you will earn trading those markets.

I am filipino, and started trading in the PSE in 1997. I never really made much money trading PSE. When I decided to trade online, I was able to triple my account balance on my best year, and have been growing my capital base since. I trade full time, and now live in New Zealand.

Look into it some time.

- Jim http://jsforex.blogspot.com