Friday, 9 June 2017

How to set a Target Price?

Happy moments of PSEi hitting the 8000 level. Newbies increasing number is a good sign that investing is for everyone.I keep receiving the question: How to set a Target Price?

I will give you 3 simple steps;

First, Buy stock at a possible lowest point. Try to look at history for 52 weeks and calculate the average price, if the stock is trading below the average price then start accumulating. Here is a good example my ICT, I bought this stock last August 2016 for 84.95:


Second, Sell the stock after receiving dividends. ICT is turning 1 year in my portfolio this coming August 2017 and I received dividends last May 2017;


Third, Have at least 15% gains. I used PAM PSE TRACKER to calculate my potential gains (https://play.google.com/store/apps/details?id=com.athanruiz.pam&hl=it ) I'm trying not to become greedy and no regrets after selling the stock:

 

I sold ICT with 18.77% gains:


Total Gains 16,381.35 PHP = 14,380.65 + 2,000.70 

To God be the Glory!!!

Sincerely yours,

Jonathan I. Ruiz CPA
NEWBIE Mentor

P.S. If you want to know more about my strategy please sign up for free on this link; http://eepurl.com/Wyazv .

2 comments:

  1. Sir, paano po kayo nakakakuha ng dividends? I mean how would you know po na yung bibilihan niyo ng shares ay magbibigay ng dividends?
    Thank you!

    ReplyDelete
  2. Hi Garde, Nasa PSE disclosure kung kelan nagdedeclare dividends ang isang company, pwede rin I check history ng isang company usually kung blue chips every year guaranteed.

    ReplyDelete

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