First Metro Asset Management Inc

Young and foolish by Gus Cosio

Today is traditionally the day of the “innocents” in the Philippines.  It is the counterpart of the West’s April Fool’s Day.  Well, it is no day to be a fool in the market.  An old English saying goes “A fool and his money are soon parted.”  A fool doesn’t invest his or her money wisely, that is why he loses it quickly.  Making impulse decisions and buying stocks on pure instinct is a fool-proof way of getting into portfolio trouble.  If one is to make a move today, make sure that your objective is clearly defined.  Do not buy a stock simply because you are afraid the market will leave you behind.  Nor should one panic because a share price is down. Read more

First Metro Asset Management Inc