Sorry for missing a post or two this past month. I was occupied at work since it was nearing the end of the school year. Now that I’m on a long holiday, I will try my best to give you more updates and new interesting posts.
I will begin by giving you an update on my investments that I started at the same time I created this blog. It was in August of last year. And man! They’re actually not looking so good right now, to be honest. But still, I wanna share to you guys how my investments are doing being a partial finance blog that it is.
I will start off with my Col Financial investment in the Philippine Stock Market. As you can see below, it’s not really doing well. All stocks I invested in are all RED. Ha!
How do I feel about it?
Looking at it makes me worried and sad. How couldn’t I be? I don’t feel thrilled about the possibility of losing 10K PHP if I sell. And I will be lying if I say that I didn’t ever think of selling them at one point because I did. I shared in my previous post that I am an emotional trader and still I am but I am trying to get hold of myself better now.
I know that this gradual and continuous downfall is caused by a lot of happenings in the world (e.g. Trump, China, Duterte, etc). I just wish it will all go up sometime in the future.
On the brighter side, it is now the best time to invest because they’re all down. There’s nowhere to go but up, up!
My FAMI Save & Learn Equity Fund (mutual fund) is also the same. It’s flunking big time too.
How do I feel about it?
For this one, it’s interesting that I don’t feel too bad. My investment here being red as well only shows that something is really going on in the Philippines business and finance world. You know, I get anxious sometimes when I think that the choices of my stocks were a mistake, that’s why they’re all red. So, I feel relieved. It’s not only me. Yey! I can’t help everything being down right now except to wait and hope that it’ll recover soon.
Here’s the good news and I hope will remain a good one. I invested in cryptocurrency. Not me, personally of course. I know only a bit of the basic but not deeply as someone should have. I know!
Anyways, I trust that the boyfriend will handle it well for me. He’s the one who’s more knowledgeable between the two of us in the matter so he takes care of it. I plan on reading and studying more about cryptocurrency soon. I will make a detailed post about it and explain the reasons why I invested in it despite its negative publicity.
To give you a sample. Here is an investment for DasCoin.
– Bought DASC coins @ 0.11 EUR worth 530 EUR with the total of 4818.18181 DASC coins
– Sold 4810 DASC coins @ 0.12 EUR with the total net of 577 EUR
So from 530 EUR to 577 EUR in one day, we got 47.2 EUR.
– Bought DASC coins @ 0.12 EUR worth 577 EUR with the total of 4808.33 DASC coins
– Sold 4805 DASC coins @ 0.13 EUR with the total net of 624.65 EUR
So from 577 EUR to 624 EUR after 2 days, we got 47.65 EUR.
We got 94.85 EUR profit from 530 EUR we invest, plus 11 DASC free coins
I invested a little more than 50K PHP. I know that it’s very risky. Maybe riskier than my other investments but you know what they say, the riskier an investment is, the greater profit you can earn.
That’s all folks! Thanks for reading!
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