In the first few weeks of 2013, we have witnessed the record breaking performance of the Philippine Stock Exchange’s main index. Now everyone is wondering, what will happen next?
Is it a good time to invest?
A lot of people are saying that it is no longer a good time to invest because stock prices have gone up and are therefore expensive. However, if you base your investing decisions on the stock price alone, you will never go forward. Imagine if the stock prices are high just like today, you will not invest because you think it’s expensive. On the other hand if it is going down, [Read more…]