Common Sense Trading - A Blue Jeans Approach to Philippine Stock Market Trading

On its website, ABS-CBN news published an article stating that PH shares have fallen for the seventh time in eight trading days.  The stock market is said to be predictive.  And, if this bear market is indeed predictive, then the outlook of the Philippine economy may be not as sunny as we thought.   

The Philippine Daily Inquirer reported that the Philippine peso has hit a 12 year low. The Philippine Star reported that the BSP will likely raise interest rates gain due to the very high inflation we are seeing now. Based on what the current administration is doing (spending a lot of borrowed money), I think this trend will continue. I personally foresee Php100 to 1USD within the next couple of decades. My simple analysis is that if both trends continue, holding stocks of company's with good performance and whose operations are not sensitive to the exchange rate, will be good in the long run.  The peso is falling fast both in exchange rate and in terms of inflation.  In terms of avoiding inflation, holding private assets will in some significant ways be better than holding cash, or other interest bearing cash deposits/investments.  In other words, if the peso is sinking, theoretically, stocks are good place to put some of your money.  So playing out the ...

So, it's probably one of the most unexciting times to talk about or get into Bitcoin.  And yes, for trading, now is probably not a great time to jump in. Others say, it's a bad idea, period.  Take for instance, Mr. Warren Buffet.  He called Bitcoin "rat poison" two years ago.  Now, he calls it "rat poison squared."  Even those who love Bitcoin, like Mr. Tone Vays (a well known Bitcoin vlogger) believes that we're in a bear market for Bitcoin and he believes it is quite possible that the bear market will drag on for a while.  But, for me, I think Bitcoin is a great bet, period.  It's price is somewhere in the PHP400,000 (USD7,500) mark.  The world is far from truly understanding the impact and potential of Bitcoin.  And, I am referring only to Bitcoin.  I am not talking about cryptocurrencies or about the love affair the business world is having with the idea that blockchain is as big as the internet. I do not believe that crypto...