KVEGA

Shocks.. Exciting news,, 1.) PSE connect China exchange, we need foreign investor badly, this is okay to for us, laging thin ng trade volumes. Hindi tayo mkakalipad without foreign. 2.) Payment platform with 67m subscribers na mkkpginvest na ang users directly to PSE? Sino? Gcash?... Excited for these...

Market Edge | ANC (8 September 2022) Here's the full episode of Market Edge, September 8, 2022, only available in the Philippines.For outside the Philippines visit: http://tfc.tvWatch ANC 24/7 R...

Post #12 (this is a long read so get your coffee first, haha)

How will I know if I can buy stock this month?

Before I decide if I am going to buy a stock this month and by how much I can buy, I need to assess first of our financial position. If you really think that your stock position is an investment, you cannot expect na by next month ibebenta mo na. This is a waiting game and so you have to be financially stable first bago ka bili ng bili.

So let me share how I assess my financial position. Below is the format I have been using for this year. It is simple and it has been effective. You just need to record your bank ending balances and investment balances. No need to be too complicated about it.

I just categorize them into to Cash or Investment. If I can liquidate within 3 days, that is Cash for me. If more than that investment na.

For cash - online banking na ngayon so its so easy to know this. If may crypto ka, since I am a conservative one, I don't record as current market value since magalaw yan, just get half of the current market value

For investment - I only include those that gives me more money. I don't include house that I live in or car that I personally use. Kahit pa taliwas sa definition sa accounting. I still think it makes more sense to exclude those since I am not planning to sell them anyway.

% change under investment is supposed to be positive unless you sell part of it. It does not make sense to still keep investing money if you are loosing money from it so I monitor that as well.

Also what I love knowing is the change under cell B19 and B26. B19 is supposed to be positive. That is the increase / decrease of your net worth. Syempre you would want your net worth to go up not down. But there are times that it can be justified. Like at this time we are paying for house construction, there are months that we are on the red. For me, it is important to note because I also like to see if we did not make that spend money on property, how much did we actually gained this month as can be seen on cell B26 change. Because most likely that is the expected change next year when the house construction is done. Now that you are done with Part 1, you kinda know now your financial position.

Part2, this is where the 12 months forward looking expenses comes in. I cant use the money that I know I will be using in the next 12 months in stocks. The 2 major expenses that we personally have is the house and wedding. I have a separate budget sheet on those 2. So you get the total cash balance that you have in Part1 and deduct all those expenses you know you will be spending in the next 12 month. Also deduct the emergency money that you always want set aside for emergency purposes. Only remaining cash (highlighted in green, I hope there is still left, hehe) is what I only spend for investment. It could be stock, mp2 or whatever legal that gives me more money. 😁

Post # 9

Yesterday my portfolio went down by 14k pesos. Ouch..

What did I do? Nothing.. This is the time na I focus on work and ignore the market sentiment. Bahala kayo dyan. Tingnan ko na lang ulit kpag kumalma na.

If I have buying power, baka napabili na ako, unfortunately I don't so never mind. As you get old in the market, magiging manhid ka na rin when times like this happens. This is the reality. Sometimes, for whatever reason, people gets scared and the market is just down.

Ang lalagi ko lang iniisip,

Magogrocery parin naman ang mga tao diba?
Bibili pa rin naman ng property ang mga tao diba?
Marami prin namn nagcoconstruction diba?
And lastly, nagpapagas pa rin nman ang mga tao diba?

Post #7

Another good video to watch. Part of his interview, he talks about this extremely powerful business model of Costco. Why did that stock went to the roof. I like what he said, costco is thinking of themselves as a buying agent of customers. They don't really make money on margins but mainly on the membership fees that they get from their customers. Kaya iba talaga ang pagka addict ng mga shoppers nila because they know they are getting the best price.

One of the reason why I like PGOLD stock is because of Costco. What they are doing with SNR, almost same with Costco's business model. How they present the store to customers, parang treasure hunt ang dating. Ang iba nga lang SNR is really making money on the margin. Yup, same lang mayari nun, Puregold and SNR store if you still don't know until now.

The Kolkata Value Hunters Club; Q&A with Mohnish Pabrai Knowledge Speakers SeriesMay 12, 2021