Today, while I'm checking my stocks in the COL Financial* (previously Citiseconline) website, I saw that most of them went up.
What do I feel?
Of course, I am glad because the value of my stocks are high which means bigger returns on my investment (yehey!!).
But a little sad (just a little) because I already have plans of buying some stocks at their lower price. You see, as a long-term investor, when stocks are down, it means that you can buy more stock at a cheaper price. Lets say, your Php 5,000 money can buy you a 70 number of shares (of a strong and stable company) at Php71 per stock, whilst at Php75 per stock you could only buy 60 shares.
At any case, I am a long-term investor, so I rejoice whenever they are either up or down. I will continuously invest even a small amount of money, as a preparation for my future. Hope that you would too.
God bless us more,
Psyche
* COL Financial (previously Citiseconline) is an online stockbroker in the Philippines recommended by Bo Sanchez. They act as your broker even if you invest small amount of money, please check their website for more information at https://www.colfinancial.com/. And since it is online I can easily check my account.
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