PSEi To Reach 10,000 in 2020


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I am a Money Magnet! We are Money Magnets!

COL Financial recently conducted their Philippine Stock Market briefing for 2015.  In their forecasts, the Philippine Stock Exchange Composite Index (PSEi) is expected to reach 8,300 by year end 2015!  Furthermore, the PSEi is still on tract to hit 10,000 by 2020 at the latest.  That gives us Money Magnets a potential upside of 32%!

Here are the highlights of the session:

  • Liquidity will be the main driver to reach these levels.  These inflow of cash will come from the quantitative easing measures in Japan and Europe plus the fact that stocks still remain as the most attractive asset class due to low interest rates.
  •  The Philippines is expected to be one of the fastest growing economies in 2015.  The economy will benefit from low oil prices and an increase in government spending.  Government spending is expected to increase during the last year of PNOY's presidency.
  • Other growth factors that keep the Philippine economy resilient are attractive demographics,  continuous OFW remittances, and the growing BPO sector.
  • COL's top picks for 2015 are illustrated in the chart below.

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COL Stock Portfolio for 2015
For 2015, COL's top picks are DNL, AC, MBT, SMPH, AP, CIC, GTCAP, EDC, FGEN, CEB.  Removed from the 2014 Portfolio are BDO, ALI, MEG, and EEI.

Keep on Attracting Wealth!
A prosperous 2015 to all Money Magnets!  It's gonna be a banner year for the Philippine Stock Market!

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