Warning: The Philippines Stock Market Index (PSEi) Will Move Up to 10,000 by 2020 [Truly Rich Club Insider's Information]

2015 is said to be a complicated year for the stock market. Although the positive long-term outlook of the stock market and Philippine economy is still intact, many investors are uncertain about investing given several risks in the short-term. 

These short-term risks are: expensive valuation, threat of capital raising, tighter regulations and under-spending by the government, a potential power shortage, and uncertainty caused by the upcoming presidential elections. In spite these risks, we still believe that the market is well on its way to move higher this year, taking the PSEi to our target of 10,000 by 2020.

What will continue the rise of the market is liquidity. Due to ample liquidity conditions, stocks remain the most rewarding peso asset class, even if current prices are expensive compared to historical levels. This relative attractiveness of stocks is here to stay for 2015 because of the ample liquidity environment locally and globally. 

(Above is an excerpt article from The Truly Rich Club Stocks Update, you'll read more by joining the most growing and fantastic Financial Mentoring Club in the Philippines) 

Moving on the related news about the Philippines Stock Market, below you can read the we are still moving up and continue making new high-record day by day. If I am not mistake, today is the 19th record high for 2015, which closed at 7,861.33.  

PSEi resumes climb to record high

"The local stock barometer resumed its upswing to post another record high on Friday as the slump in global oil prices is making the Philippines more attractive to portfolio investors.

The Philippine Stock Exchange index added 42.29 points or 0.54 percent to close at 7,861.33. Across the region, trading was mostly buoyant due to an improved outlook on the European Union presented by the chief of the European Central Bank.

Locally, ample liquidity is keeping most stocks at high valuations.

“There are many foreign funds who want to have stocks from the Philippine market. The country (being a net oil importer) is a beneficiary of the fall in global oil prices so they are expecting better growth this year,” said Manny Cruz, chief strategist at local stock brokerage Asiasec Equities."

Source: business.inquirer.net

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

The Five (5) Virtues That Will Make YOU a Great Investor Starting Today [Truly Rich Club Insider's Revelation]

A lot of people think winning in the stock market just requires technical knowledge. That’s not true. You need character. You need spirituality. To be multimillionaire investors, you need these five powerful virtues:

1. Patience

Impatience causes you to make very bad decisions. When you’re impatient with your child, you scream and say to him, “You’re so stupid! You’re so foolish!” Words that you’ll regret later.

In the same way, when you become impatient with your stock market earnings, you make bad decisions too. You fall prey to “tips” that your friend or neighbor gives to you.

Be patient! If you keep investing each month following SAM, in due time, you’ll become a multimillionaire.

2. Gratitude

You might hear your office mate earning hundreds of thousands from a penny stock.

It’s very tempting to put your money in crazy stocks that go up 30 percent in one day!

But my stock market guru says, “Don’t envy these gambler-traders. Their aggressive strategy guarantees that they’ll lose it all in one day.”

Here’s a fact: They will lose their money as fast as they got it.

Be grateful with your small but steady earnings in the stock market.

3. Discipline

A few people are getting bored with my advice.

But the boring investments are where you win. Discipline means being boring as the sun. The sun is up every morning. How boring can you get?

But that’s how multimillionaires are made.

Each month, invest your small amounts in our giants.

That’s it!

4. Simplicity

Some people who earn money in the stock market withdraw their money and buy a new cellphone, iPad, car...

Believe me, you’ll never grow your retirement fund if you keep doing this.

Live simply. You’ve heard people say, “Live within your means.” That’s not enough. You need to live below your means, so you can grow your millions for your retirement.

Be happy with simple things.

5. Love

Why desire to create wealth?

Do it because you love. Do it because you want to share your wealth to others. Do it because you have a dream to serve God.

Greed may make you wealthy, but you’ll never be happy.


(Above article is written by Bo Sanchez, founder of the growing Financial Mentoring Club, The Truly Rich Club.)

To give you more about the news insight about Stock Market in the Philippines, below is an article from Philistar.com.

Philippine stocks hit new record high

"The country’s local stock index accelerated the pace of its growth following two consecutive days of moderate gains as it barreled its way through its 18th all-time high for the year.

The Philippine Stock Exchange index yesterday returned above the 7,800 territory for its third-day winning streak after climbing 0.92 percent or 71.32 points at 7,847.83.

The benchmark index’ record intraday high of 7,862.91 posted last February 25, however, remained unbeaten.

“Share prices got off to a rather jittery start to the mid-week session as US and Europe tumbled overnight and ahead of the inflation report on Thursday,” said Justino Calaycay Jr.

“As the session progressed, however, investors were able to muster enough confidence to push the measure past the latest all-time closing high, moving practically flat thenceforth,” Calaycay said.

Local stocks bucked the downtrend seen markets globally. Asian shares were mostly in the red in anticipation of the upcoming central bank meetings."

Source: philstar.com/business

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red