We are no longer the laughing stock of the world. We no longer have to look down when comparing ourselves to the rest of the region. The tide is shifting to our side, thus bringing the world’s attention to us. Now our Philippines is on track to what seems to be one of the biggest recoveries and economic salvoes that this generation has ever seen. The stage is all set, the players are just right this time and of course our heavenly Father is for sure backing us up all the way.
Our market has been moved up amazingly last 2012 and here are 10 reasons why as Filipinos, we should start investing, keep on investing and staying the course here in our markets:
1. Credit Rating Upgrade
Basically this tells the world how safe is investing here in the Philippines. We are one notch below what is called “investment grade” by 3 of the biggest agencies worldwide. Never in the history of our planet has this happened! Once we get the upgrade more and more and more foreign funds would be investing here in our nation!
2. GDP 7.1%
While Europe has it woes and America is still fighting off its economic battles, our economy continues to shine bright as ever. We are now the 2nd best economy in Asia only trailing china by 0.8%
3. Best Stock Market in the Planet
In terms of increase and gains, the Philippine Stock Exchange Index is now the best in the world! We have over shadowed all of the developed markets that used to beat our market without holding back. Upon writing this our index is our around 5,757 pts, our president thinks we can hit 6,000 pts by the end of the year, while long term analysis are saying we can hit 10,000 pts in the next 3-5 years. We are living in exciting times!
4. Interest rates are dirt cheap
Without boring everyone with what this means, this simply means that because interest rates now are so low – people have to either invest their money or take up loans to start up a business because they are not getting good returns on their money if left on banks. This as a whole will further drive our economy even stronger and bring us to a place where we can now complete head on with the tigers of Asia.
5. Ease of investing
Because of the strong push of mutual funds, UITF’s and online trading now it has become easier, cheaper and more efficient for the common Juan to start investing. The average Filipino can now have direct exposure to UITF’s and the stock market by just investing 1,000 to 5,000 Pesos. What people thought was the played ground for the rich and the affluent now is the playground for Juan Dela Cruz. We currently have less than 1 Million people investing in the stock market, what would it feel like when we have 20% of our 100M population starting to invest! How strong would our economy be!