The PSEi plummetted to a low 0f 2,978.41 when markets closed last Jan 22, 2008, the lowest since August 2007 when the US Subprime Crisis first made a huge impact in markets worldwide. I never imagined that it would come to this again in less than a year, which makes me just shake my head since I shifted my fund too soon into Equity when I should have left it in Bonds, and moved it just now. Oh well, lesson learned.
I'm really tempted to buy in more right now since the NAV is quite low, and when the market recovers hopefully by mid-2008, I could just ride the wave and earn then. But since my Tubby and I are looking to closing in on a condominium this year, he's not too keen on increasing our investments just yet.
Tuesday, January 22, 2008
Wrong Timing
meow-sings of a
tubbykat
at
7:58 PM
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