Just a quick post – the Philippine growth rate came out today – 6.3% from the last quarter ending in December and 5.8% for 2015. Article here. It is important to note that that growth have and will come from within — domestic consumption is strong, the election year will have government spending on infrastructure and it didn’t get mentioned in the article but services segment of the economy is a boost — services that is not only availed of domestically but also internationally earning US dollars, with the business process outsourcing industry – call centers and knowledge industries. Big banks like JP Morgan (US), Deutsche Bank (Germany), Macquarie Bank (Australia) have IT and back-office processing here that serves their global business.
This allows us to understand the transition that China is trying to accomplish.
1. Away from manufacturing which is dependent on other countries (export markets) buying from them
2. Consumption which facilitates the “exchange and circulation” of money / wealth among the locals.
In the case of the Philippines, the falling stockmarket – as a result of the “risk-off” attitude especially by foreign funds – is getting very attractive. This is because the companies that make up the stockmarket is rooted on the domestic consumption and services. None of those mining (of base metals) and oil — commodities that have been on a deep slide given the China and global growth problem. Many sectors like BPO industry, export (agricultural / garments) and Overseas Filipino Workers (OFWs) are also benefitting from the strength of the USD. Tourism sector (again boosting domestic consumption, services like in restaurants and USD) is also growing contributor – who can resist beaches and fun in the great outdoors, people’s hospitality and English widely spoken which are the many attractions of the Philippines.
So, falling stock prices but highly profitable companies make INCREDIBLE buying opportunity in the Philippines, and I’ve created a learning event called “Bear Market Investing with Low-Risk High-Reward Investing Workshop” which will equip you with a structured investing / trading approach, which includes knowledge on developing your business rules to get into the right investments and take profits as well as protecting your capital. We also discuss understanding the market, the strategies available and the risk management ideas – specific, actionable and timely ideas you can easily implement!
Event : “Bear Market Investing with Low-Risk High-Reward Investing Strategies Workshop”
February 6, 2016 830am-12nn
Ortigas Building, Ortigas Ave. Pasig City
Early-Bird Rate : 1,500 pesos (Regular rate : 3,000 pesos)
Freebies : Full eBook of “High Heeled Traders (worth 800 pesos), Trading Kit (priceless!), two one-on-one structured consultation sessions for 30 minutes each. We will hold your hand as you start to invest to help you achieve added security and confidence!
To learn more about the workshop topics – visit this link :
Email email@example.com to register ! We want to focus on helping our investors so slots are limited and filling up fast. See you at the workshops.