In the last couple of years, the stock market has not been performing very good compared in the what they call the Golden Era of Equities, circa 2012 and 2013. But then, it’s not a moment of celebration every day, especially not in the stock market and circa 2014. Everything kicked back in momentum as Duterte’s term was approaching.
Since stocks were almost idle on those times, we decided to flip ICT and EEI before the Holidays of 2016. One of the things I always do during Holidays is buy more stocks. Stocks like to dip before the Holidays and they go down before the year ends, come back up slowly as the new year started.
Having read some catalyst reports and market briefings, we took the positive outlook for Duterte’s term following the BBP and TP of the stocks we flip.
We cannot complain waiting for 18 months even if we did not know we would reap the money in 18 months. 20K money earned from ICT and EEI, even my favorite mutual fund did not reach a 42.64% and 53.17% gain yet. Not very much yet.
How We Got 20K Investing ICT and EEI
Following the BBP and TP, you would come close to this as well if you have invested ICT and EEI in 18 months. We did not less the few fees here.
Patience is one of best attitudes that I admire. Surprisingly, patience makes money, too.” – Fehl Dungo
Yeah, you can quote me on that one. 🙂