here come the "ber" months

The forecasts for the end of 2008 have not improved. But for the meantime, we are enjoying a reprieve in the rise of commodities and even some rollbacks in oil. These are great things for our economy as a whole.

As the "ber" months approach, what can we expect from the PSEi? Even the most sophisticated analysts cannot say with certainty. Tsupitero of tsupitero.com com sees the PSEi is in somewhat of a state of limbo.

With that in mind, I'm still looking for good opportunities to buy. Compared to last year, many of Philippine stocks are discounted. Given that investors are spooked, and money has been consistently flying to safer havens like bonds, there is little attention being given to equities.

Why do I like to against the flow in times like this? Well, as long as we keep investing manageable amounts that we're willing to leave over the long run, we can ride out the dips and cash in on growth which can be reasonably expected over the long term. Notice, our economy is still growing, albeit slower than last year. Many companies are posting lower gains than the previous years, but GAINS nonetheless.