Even if you think that the current price of your favorite stock is already very low, still err on the side of waiting for it to get lower before entering. You might be glad that you bought in what you thought is a good, low, 'discounted' (a la mall sale) price, but that entry point is probably not the bottom at this shaky market conditions. Our small PSE and your favorite company (however strong it is financially) will have no choice but to be influenced by the trend of the bigger stock markets outside.
You want clear guidance on when to enter? Wait until our index reaches 5700ish. This is still -10% below current index level. Reserve your cash for that level.
If you can't really help yourself, enter on high-dividend paying blue chips only--like TEL, GLO, DMC. Check also the Aboitizes's recent dividend yields.
Good luck!
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