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OFF THE WALL: Holiday thoughts on Amazon: to dump or not to dump
By Rene Pastor Every time I think I should dump the very small amount of Amazon stock I own, the holidays sort of knock me back to reality. I am not a big fan of going to a mall and getting trampled or shoved in the mad rush to buy that $150-flat screen or whatever […]
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OFF THE WALL: Is the bull back on Wall Street?
By Rene Pastor As I counted down the minutes yesterday waiting to see if the Dow would close above 16,000 for the first time ever, my mind wondered: Am I seeing something last seen in 1982? That was the last time a secular bull market took off, a nearly 20-year run when sustained economic conditions […]
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OFF THE WALL: Would you put money on The Happiest Place on Earth?
By Rene Pastor The Walt Disney Company has come a long way. I grew up watching Mickey Mouse and Goofy. They put up Disneyland theme parks in Florida and California. I remember taking my wife and daughter to Orlando and we had the time of our lives despite the showers. We even managed to watch […]
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Manny Pangilinan companies lead crowdfunding in aid of Bohol, Zamboanga
The Philippine Disaster Recovery Foundation (PDRF), together with the companies led by Philippine business magnate Manuel V. Pangilinan, launched on October 25 a crowdfunding campaign to gather donations in response to the recent disasters that have devastated the Philippines, including the earthquake in Bohol and Cebu and the fighting in Zamboanga. Butch Meily, former president […]
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OFF THE WALL: Warren Buffett’s words of wisdom that I don’t always follow
By Rene Pastor Warren Buffett is a genius when it comes to picking stocks. His advice is simple, but a lot of folks have a tough time following it. In an interview with USA Today, he said: “The nice thing about investing in stocks is that, over time, equities are going to do well.” “American […]
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FILAMSPEAK: Is Jose Cuisia an absentee ambassador?
By Cristina DC Pastor & Maricar CP Hampton A Philippine columnist made a most startling accusation: Ambassador Jose Cuisia is a part-time ambassador! That he sits on the board of nine Philippine companies and that he is often “absent in (his) job making money in the Philippines.” We sought comments from the Philippine Embassy and […]
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OFF THE WALL: Purely sentimental: Investing in the Philippine stock market
By Rene Pastor I have a small online account to invest in the Philippine Stock Exchange (PSE). It is far smaller than my IRA in the United States. Sometimes, I wonder why I keep it open. The only answer I can come up with is sentimental value. It is the only way I can own […]
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OFF THE WALL: Will the public follow Twitter stocks? Will # be the new $?
By Rene Pastor Twitter is going live on the New York Stock Exchange on November 15 in an initial public offering which will be the biggest thing since Facebook went public on May 18, 2012. How will Twitter’s IPO compare with Facebook’s? The questions that will have to be asked of Twitter are the same […]
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OFF THE WALL: What are the odds stock picking can make one a millionaire?
By Rene Pastor One of my students in junior college said the stock market reminds her of a casino. She may have a point. How many investors out there think they have found this hidden nugget of a stock which could make them millionaires down the road? A lot of guys dream of buying a […]