..con’t. (Part 2) Let’s simplify this. Because of the fears of losing money brought about by the crisis, the preference for safer havens increased the demands for fixed income securities. Price of said investments has an inverse relationship with yield – so as price increases, yields go down. Yields of such ‘safe’ investments have plummeted … Continue reading Why the stock market is up, IMHO (part 2)
I went with my friend Chinkee Tan as he gave a talk for Avida sales people in the historic old Makati Stock Exchange Tower. The trip made me think about what’s going on the market right now. So what’s happening? Let me discuss my thoughts. Firstly, the Philippine equities market is largely dependent on what’s … Continue reading Why the stock market is up, IMHO (part 1)
“If money is your hope for independence, you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience and ability.” — Henry Ford