COL FINANCIAL PHILIPPINES just came up with its recommended its stock picks this December 1, 2014. It updated the Fair Value of the Stocks and the Buy Below Price.
The "Buy Below Price" is the benchmark which signals us to buy the stocks when the price falls below this benchmark. The moment the stocks goes beyond the "Buy Below Price" we can hold the stocks until we reach the FV or more, at which point we can opt to sell.
If however we choose any stock as our main stock portfolio for the long term, then we can buy monthly for a fixed amount, say P5,000.00 regardless of the price. Historically, stock prices increase on the average, and since we invest regularly every month it does not matter if the price is high or low because you will always get the average price.
Happy Investing.
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