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Happy investing!
Bo Sanchez
P.S. Through the TrulyRichClub, we may not be able to stop scams from happening, but we can lessen the number of
people who will get duped by them—because through the Club, more and more Filipinos are learning the slow but steady
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become rich.
On July 27, 2019, COL Financial Group, Inc. held its mid-year market briefing. I would like to share with you some
of the key points discussed.
2. U.S. Fed rate hikes — from two rate hikes to a possible rate cut:
• Fed from being hawkish in its policy to being dovish (accommodating)
• December 2018: raised rates for the fourth time in 2018
• January 2019: hinted on a rate hike pause
• June 2019: hinted possible rate cut in July
• Dovish policy of the Fed is favorable to the Philippines because it gives the BSP to have more space to cut rates.
6. Market will experience volatility due the risks that continue to remain:
• Poor economic globally as seen in the Global Manufacturing Purchasing Managers Index which is below 50 (if
below 50 manufacturers are pessimistic and they won’t expand).
• Global Business Confidence has also deteriorated because of policy uncertainty—US and China trade
policies, as well as trade partners of U.S. with other countries in the world.
SUMMARY
3. Given expectations of heightened volatility, we advise investors to manage the size of their investments (fixed
comfortable amounts) and invest for the long term through our SAM recommendations.
I hope this outlook gave you a good idea where the market is headed and how you will respond this second-half of
2019. Please be guided accordingly on your investments.
Happy investing!
Starter Stocks:
P50,000 – P250,000
MPI, MBT, DNL
Here are our SAM and Mutual Fund Tables as of August 2, 2019 closing:
Stock Current Price Buy Below Price Target Price Recommendation Max%
XSLEQ Sunlife Prosperity Equity Fund 3.4805 4.451 27.88% Continue buying
Mike Viñas is a stock market investment trainer, Certified Securities Representative, and Certified Investment
Solicitor of COL Financial Group, Inc.
D&L Industries DNL February 2013 to April 2014 14 Months P6.45 to P10.00 44 percent
(Disclaimer: Past performance doesn’t guarantee that you’ll have the exact same results in the future. After all, your earnings depend on
the market’s performance.)