STOCK MARKET restaurant has reopened under the management of the Bistro Group of Restaurants, the same operator of casual dining...
Suppose there are real geese that lay golden eggs and each egg can be sold for P10 each. On their...
In June, the markets did the jerk. They danced up and down and roiled throughout the month. From its peak on May 15 to end June, stocks are about 13% lower, after falling more than 20% at its lows. The long bonds, on the other hand, are down around 12% in value after losing around 20% at its lows. And the peso hit a low of P44.17 against the dollar.
As they say, it ain’t over till it’s over. So what to do until then? Well, for us seniors, instead of thinking about aging, we ought to be making plans, as everybody else ought to do.
I’m no risk taker. I don’t gamble. I don’t play the market. I like solid and long-term investments; they’re safer—like, say, real estate, where, even then, my capital is limited to a home and another piece to keep and sell for a profit when the time comes.
I’ve always been interested in the stock market, and how to invest and grow my money. Movies like “Wall Street,” “The Wolf of Wall Street” and “Boiler Room” have brought trading and stock brokerage into the limelight. However, they only scratch the surface.
Here’s a tip: If you want to talk to Enchong Dee for hours on end, engage him in a topic he loves—business.
