buying and holding is a good strategy but don't forget to take your profits or cut your losses when necessary. If you bought PSEi stocks since the start of 2006 and still holding them now, malamang breakeven ka lang ngayon or maybe at a loss. nasayang lang ang 2 years.

Here's a funny email that i've just read:

An Investment Advice:

If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have
$49 left.

With Fannie Mae, you would have $2.50 left of the original $1,000.

With AIG, you would have less than $15 left.

But, if you had purchased $1,000 worth of beer one year ago, drank all of the beer,
then turned in the cans for the aluminum recycling REFUND, you would have $214
cash.

Based on the above, the best current investment advice is to drink heavily and recycle.