EPISODE #289: MSCI Rebalancing, Investment Scams and Mr. Market's Irrationality - Peso Smart PH

Published: March 13, 2023, 3:50 a.m.

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After the latest MSCI rebalancing, Globe and ACEN were booted out from their index. That caused both stocks to dip in prices. Currently, their stock prices have settled down but both found a local bottom last week. The same thing happened with AP - Aboitiz Power back in 2021. But if you bought that stock when it bottomed at 20.50/share, you're up a modest 60% today.

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We've tackled a bunch of Ponzi schemes and investments scams previously and we're gonna add 2 more today. Please don't fall for these scams:

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- BitPocket Community Wallet

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- Agri Marine Ventures

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And lastly, Mr. Market. Don't get carried away with its mood on any given day. Today he might be depressed and send prices down, but tomorrow he'll be in a good mood and pull prices up. As much as possible, you should ignore the short term price fluctuations of Mr. Market. DCA/PCA is the key.

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\\U0001f4b2Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of compound interest and discuss all things personal finance. I'm an avid fan of Warren Buffet, Mark Cuban, Gary Vaynerchuk, Robert Kiyosaki, Og Mandino and Tony Robbins. I wanted to share this journey with you guys to broaden my understanding and knowledge in the world of investing, money and wealth.

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\\U0001f4c3 Disclaimer: I'm not a financial advisor and I simply share my experiences and knowledge in the Philippine stock market. All my content are made for educational and informational purposes only and should not be deemed as financial advice. Trading stocks, cryptocurrencies and ETFs poses a risk of loss.

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#msci #globe #acen #aboitiz #ap #stocks #mrmarket

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Connect with me @emmanpsph on all socials (Facebook, Instagram, Twitter and TikTok)

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