Weekend Warrior – Money Machine Result as of May 4, 2018
My portfolio suffered P45,000+ downturn in just one week! I am now -3.28% overall sa aking portfolio. With the PSE Index at 7,500, it’s a good start adding new investments in play. While I have my auto-investment in place to invest P5,000 in every five days, I will go for First Metro ETF dahil pwedeng makapag-order in real-time quotes.
Available cash is still more than P180,000, I still have buying power to spend. I will enjoy buying more and more while the price is below my average.
As Warren Buffet says, “Be greedy when most people are fearful.” It’s time to apply my Strategic Cost Average Method (SCAM).
As always, if you are following my strategy, “invest only the money you won’t need in 10 years; and only invest the money you can afford to lose.” As for me, I will need the passive income from my Money Machine that I am building when I reach P20M by December 31, 2032.
Here’s to your success!