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 .

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