US financial problems also an 'opportunity,' says PSE investor

From an initial investment of P5,000, retail stock investor Catherine Estacio has earned at least P150,000 since she started investing in the stock market in 2007. She thus remains positive amid the United States’ financial problems, Estacio said in an interview with GMA News TV’s “News to Go" newscast Wednesday. “Ang nakikita ko sa market ngayon, it’s a huge buying opportunity," Estacio said. “As long as mababa ‘yung market, it’s time to buy." “News to Go" explains the process of buying and selling shares of stock in the following video.
For the latest Philippine news stories and videos, visit GMANews.TV Retail stock investors are those who buy minimum lots of shares of stocks at relatively lower prices compared to institutional investors that trade by the volume, according to “News to Go." Based on the Philippine Stock Exchange Market (PSE) Profile 2010, 36.7 percent of investors earn over P1 million annually. Those earning between P500,000 to P1 million made up over a third of the retail investors, while those earning less than P500,000 annually accounted for 29.1 percent of retail investors, according to the PSE. The PSE also said 42.7 percent of retail investors are aged 45 to 59, while 31.2 percent are 30 to 44. — PE/VS, GMA News