the beginning of this year has been so bad for mutual funds. :( apparently, my money inside peso equity has never been this low! to give you a figure, my 8-month-11-day old equity is down to about 7.64%, a 2-month-14-day-old equity valued minus 13.68% from its original amount, and my 3-month-6-day old at a staggering 16.36% down!
having said that, there is no better time to buy mf than now. (hypothetically, only for long term investments!) yep, buy low, sell high. just like today, pse index was down by about 6 percent!
and i’m not giving up on my equities now. sooner or later, prices will rebound.
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