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Showing posts with label Stock market. Show all posts
Showing posts with label Stock market. Show all posts

Tuesday, November 13, 2012

Teacher kills self after losing all his money in scam

I am only an amateur player in the local stock market and I can tell you that I have never experienced doubling my money within a one month period.  Frankly, if a genie appears before me, I would ask him to show me at what points the market doubled its income and which companies did, because that would be the only time, Ponzi schemes like this one by Aman Futures Group could have legitimately earned their money.  But of course, genies don't exist and mere mortals like me who play the stock market for 'fun' don't double their money in a month's time.  Maybe in 3 years but in one month?  That should've have rung alarm bells on the investors.

What makes me sad though is that these people could've invested it in the local stock market and help propel the growth of many of our local companies.

 Teacher kills self after losing all his money in scam
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Sunday, May 6, 2012

The Stock Market is Really Booming!

When I read the newsbit in the papers about Pnoy bragging about how our stock market is booming and doing really well during the ADB Conference, so I became curious and I checked our puny portfolio.  I was surprised with what I saw. He was saying the truth!  The worth of our portfolio grew by 39% in 12 months time!  Imagine that!  That was very exciting news!  And we also got some dividends, measly as it is, but still - extra money!  I don't know how big the stock prices are still going to be but it was just great to know that Pnoy has really gotten the confidence vote of international stock traders.
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