Many of my friends are asking when is the best time to invest in Philippine stock market and I couldn’t really tell when. The only thing I know that investing should not have timing but rather a discipline to put and put and put. But as I read many good articles pertaining to Philippines financial stability I can say that this year will gonna be one of the best year for Philippine Stock Market. Why I said that?
1. Philippine economy remains stable despite of huge financial recession in US and Europe.
2. Japan International Cooperation Agency (JICA), the executing agency of Japan’s ODA (Official Development Assistance) in which works in more than 150 countries boosted Philippines to be a good payer. This means a greater confidence to Philippines in which creates huge impact in Philippines financial aspect.
3. Malacanang granted approval for the Philippines’ proposed $500M contribution to International Monetary Funds New Arrangement to Borrow or which they call IMF-NAB. This signaled the country’s participation as a reserves-strong creditor with enough resources to provide supplementary fund to the IMF.
Looking at these, we can say that Philippines Stock Market has a bigger potential in the coming years. But of course before you decide to start investing it is better to study more about investing in stock market. There are many available trainings you can attend for free.