Today is the first day of June and here I go with reviewing the developments that I made over the last month of May. I’ve been seeing the uptrend in the stock market over the last few weeks. The Philippine Stock Index is reaching 2,400. And this means good news for me since I have some investments in stocks both directly and indirectly thru Unit Investment Trust Funds and Mutual Funds.
Because of these developments, there has been a huge jump from last month’s figures. These are some of the developments for the month of May.
Cash: Cash increased by 14.9% as I liquidated some of my stock investments. I sold all my Ayala Corp. and SM investments shares for a profit of 9.7% and 10% per share respectively. Was my decision correct? I think no because these two stocks rose further than my selling price. Damn! I should have hold it a little bit! I also received a small cash dividend from Metrobank.
As always, I am saving a portion of my salary by using the savings equation: INCOME – SAVINGS = EXPENSES. I always pay myself first. And because of the power of compound interest, savings grew a little bit more from the interest income.
Online income has been good for me this month as I do have some advertisers and I earned my very first commission on affiliate marketing. I also got my second adsense payment which has been held for the past 4 months. I’m not a huge adsense earner though.
UITFs and Mutual Funds. Since the stock market grew, then my UITFs and Mutual Funds Investments also grew as they were all in Equity Funds. They grew by 9%. But still, all of their current prices are still lower than my acquisition prices. Thus, I am still experiencing losses from them. If you want to learn on how to invest in Mutual Funds and UITFs, then you can go and read my article on how to invest in mutual funds.
Stocks. Stocks value rose by 3.37% excluding those that I sold which was mentioned above (the AC and SM shares). I really do hope that this would be a start of the stock market recovery. Nevertheless, I should hold on to some of these stocks. Two of the stocks ALI and PX already declared stock and cash dividends with ex-dates of June 8 and June 3, respectively.
Overall, comparing the April to May, it jumped by 12.8%.
P.S. I’ll be transferring soon to another company to take on a more challenging role as Competitive Intelligence Analyst. I might not have enough time to blog anymore because of the work load. Nevertheless, I’ll try to update this blog every now and then when my time permits especially on weekends. Furthermore, you can follow me on twitter.