I received a question in one of my comments from a certain Albert Awat from Tarlac City, Philippines in my post entitled “Questions and answers on the Philippine stock exchange” The question does not directly pertain to the Philippine stock exchange but it is with regards to his mutual fund investment. The question is as follows: “ . . . good day sir, am an investor of (Names of mutual fund withheld) which are now doing well as far as navs are concerned. sir, am now thinking of selling all my shares from the said mutual funds since my investments are now negative16.38%,plus2.65% and negative23.40%, respectively from almost 24% to 29% dated March 17, 2009. please guide me to understand the market since the stocks are now soaring?further, pls help me where should i find the philippine stock exchange index (PSEi)from 2005 to present to help me understand the stock market and/or mutual fund. thank you very much and more power.” I love to answer questions from readers of this … [Read more...]