Things are a bit dismal, really.
I've no shame in showing my stock picks, as I think these are good investments anyways. However, the stock market being the stock market, one can never really tell. Yes, people got millions out of trading, and there was a time when I profited (a decade ago!) before trading again this year. However, due to economic conditions, other Asian markets down, plus fears over the US Fed Tapering, our own stock market, amid being one of the best performers, is expected to go down. And down it did go.
I still feel that my stock picks will pick up again. Just a few weeks ago, they were profiting by more than 10%! I even profited by 15% when I sold my Jollibee shares. :)
I guess I'm a risk taker and for me, it's still better than putting my money in a bank with what, almost 0% interest per annum!
Currently my total portfolio is 5.05% down, and it's composed of the following:
- Peso Bond Mutual Funds - 31%
- Equity Mutual Funds - 35%
- Balanced Fund - 14%
- Stocks - 20% (the one above)
I will still continue regularly putting in monthly investments in my mutual funds, but probably halt first in stock trading and remain as is until market picks up a bit. :)
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