The Philippine Stock Exchange is soaring to record breaking highs.
What do we do next? Reality Check muna:
1. Keep in mind: This will not last forever.
Always remember that the market is cyclical. Nalalaglag din yan. Never assume that these good times will go on and on.
2.Take some profits.
So many people lose money simply by not knowing when to sell. If you have hit your target, sell — then don’t feel bad kung umakyat pa after ka magbenta. Pakitain mo naman yung bumili sa iyo. Please never say “Sayang, I only made 12% or 15%.” Matuwa ka dapat because for over 99% of Filipinos, taon ang binibilang bago kumita ng ganoon ang pera nila. Stay grounded and humble.
3. Remember to share your blessings.
At the very least, share your knowledge and experience with your friends who don’t know as much as you do now. Imbis na magbalato ka ng pera o gamit, magturo ka na lang.
4. Treat yourself.
You invest to enjoy life so when it pays off, treat yourself naman. You deserve it.